Horizon Global Corporation
HZN was delisted on the 7th of February, 2023.
135 hedge funds and large institutions have $394M invested in Horizon Global Corporation in 2016 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 35 increasing their positions, 50 reducing their positions, and 12 closing their positions.
200% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 12
52% more call options, than puts
Call options by funds: $1.11M | Put options by funds: $730K
23% more capital invested
Capital invested by funds: $320M → $394M (+$74M)
21% more funds holding
Funds holding: 112 → 135 (+23)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
9.73% less ownership
Funds ownership: 88.25% → 78.53% (-9.7%)
30% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Lexington Advisors
New York
|
+$12M |
| 2 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$7.49M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$4.51M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$3.69M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$8.14M |
| 2 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$5.47M |
| 3 |
KIM
Kestrel Investment Management
San Mateo,
California
|
-$4.67M |
| 4 |
TAM
Tocqueville Asset Management
New York
|
-$4.55M |
| 5 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$3.37M |
HZN Hedge Fund Activity: Q4 2016 in Review
135 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Horizon Global Corporation (HZN) for Q4 2016, worth a combined $394M — up 23% from $320M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new HZN positions and 12 closed out — a net gain of 24 holders — while 35 added to existing stakes and 50 trimmed.
The largest buyer was Lexington Advisors, opening a new position worth an estimated $12M. The largest seller was Royal Bank of Canada, cutting an estimated $8.14M.
- 135 institutional investors held Horizon Global Corporation (HZN) as of Q4 2016, up from 112 in Q3 2016.
- Funds reported $394M of Horizon Global Corporation stock for Q4 2016, up 23% quarter-over-quarter.
- 36 funds opened new Horizon Global Corporation positions in Q4 2016 and 12 closed out, a net change of +24 holders.
- The largest Horizon Global Corporation buyer in Q4 2016 was Lexington Advisors, an estimated $12M added.
- The largest Horizon Global Corporation seller in Q4 2016 was Royal Bank of Canada, an estimated $8.14M sold.
Based on aggregated 13F filings for Q4 2016.