Horizon Global Corporation
HZN was delisted on the 7th of February, 2023.
119 hedge funds and large institutions have $314M invested in Horizon Global Corporation in 2017 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 41 increasing their positions, 37 reducing their positions, and 16 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
11% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 37
3% more funds holding
Funds holding: 116 → 119 (+3)
21% less capital invested
Capital invested by funds: $399M → $314M (-$85.4M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $306K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$9.1M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$3.48M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$3.41M |
| 4 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$3.33M |
| 5 |
Renaissance Technologies
New York
|
+$2.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Walthausen & Co
Malta,
New York
|
-$11.5M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$9.1M |
| 3 |
TAM
Third Avenue Management
New York
|
-$4.73M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$3.65M |
| 5 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$3.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$353K | -20,000 | Closed |
|
|
CS
127
Credit Suisse
Zurich,
Switzerland
| – | -$309K | -17,498 | Closed |
|
|
NFA
128
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$238K | -13,513 | Closed |
|
|
PG
129
PEAK6 Group
Chicago,
Illinois
| – | -$233K | -13,223 | Closed |
|
|
FRM
130
Fox Run Management
Greenwich,
Connecticut
| – | -$199K | -11,300 | Closed |
|
131
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$7K | -376 | Closed |
|
|
GT
132
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$1K | -70 | Closed |
|
HZN Hedge Fund Activity: Q4 2017 in Review
119 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Horizon Global Corporation (HZN) for Q4 2017, worth a combined $314M — down 21% from $399M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new HZN positions and 16 closed out — a net gain of 3 holders — while 41 added to existing stakes and 37 trimmed.
The largest buyer was Millennium Management, adding an estimated $9.1M. The largest seller was Walthausen & Co, exiting entirely with an estimated $11.5M sold.
- 119 institutional investors held Horizon Global Corporation (HZN) as of Q4 2017, up from 116 in Q3 2017.
- Funds reported $314M of Horizon Global Corporation stock for Q4 2017, down 21% quarter-over-quarter.
- 19 funds opened new Horizon Global Corporation positions in Q4 2017 and 16 closed out, a net change of +3 holders.
- The largest Horizon Global Corporation buyer in Q4 2017 was Millennium Management, an estimated $9.1M added.
- The largest Horizon Global Corporation seller in Q4 2017 was Walthausen & Co, an estimated $11.5M sold.
Based on aggregated 13F filings for Q4 2017.