Horizon Global Corporation
HZN was delisted on the 7th of February, 2023.
54 hedge funds and large institutions have $19.2M invested in Horizon Global Corporation in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 23 reducing their positions, and 22 closing their positions.
23% less funds holding
Funds holding: 70 → 54 (-16)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
43% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 23
73% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 22
86% less capital invested
Capital invested by funds: $134M → $19.2M (-$115M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$4.2M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$484K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$283K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$117K |
| 5 |
Bank of New York Mellon
New York
|
+$76.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Spitfire Capital
Mill Valley,
California
|
-$9.91M |
| 2 |
MCM
Marcato Capital Management
San Francisco,
California
|
-$5.97M |
| 3 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$2.92M |
| 4 |
LA
Lexington Advisors
New York
|
-$1.99M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$1.77M |
HZN Hedge Fund Activity: Q4 2018 in Review
54 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Horizon Global Corporation (HZN) for Q4 2018, worth a combined $19.2M — down 86% from $134M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of HZN and 6 opened new positions — a net loss of 16 holders — while 23 trimmed existing stakes and 13 added.
The largest buyer was Royce & Associates, opening a new position worth an estimated $4.2M. The largest seller was Spitfire Capital, exiting entirely with an estimated $9.91M sold.
- 54 institutional investors held Horizon Global Corporation (HZN) as of Q4 2018, down from 70 in Q3 2018.
- Funds reported $19.2M of Horizon Global Corporation stock for Q4 2018, down 86% quarter-over-quarter.
- 6 funds opened new Horizon Global Corporation positions in Q4 2018 and 22 closed out, a net change of -16 holders.
- The largest Horizon Global Corporation buyer in Q4 2018 was Royce & Associates, an estimated $4.2M added.
- The largest Horizon Global Corporation seller in Q4 2018 was Spitfire Capital, an estimated $9.91M sold.
Based on aggregated 13F filings for Q4 2018.