Horizon Global Corporation
HZN was delisted on the 7th of February, 2023.
76 hedge funds and large institutions have $110M invested in Horizon Global Corporation in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 30 reducing their positions, and 51 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
7.7% less ownership
Funds ownership: 81.58% → 73.88% (-7.7%)
23% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 30
34% less capital invested
Capital invested by funds: $168M → $110M (-$57.3M)
34% less funds holding
Funds holding: 116 → 76 (-40)
76% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 51
83% less call options, than puts
Call options by funds: $103K | Put options by funds: $611K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCPM
Sagard Capital Partners Management
New York
|
+$8.37M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$3.92M |
| 3 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$2.64M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$2.57M |
| 5 |
Millennium Management
New York
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$7.39M |
| 2 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
-$6.63M |
| 3 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$6.32M |
| 4 |
TAM
Tocqueville Asset Management
New York
|
-$3.07M |
| 5 |
State Street
Boston,
Massachusetts
|
-$2.49M |
HZN Hedge Fund Activity: Q2 2018 in Review
76 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Horizon Global Corporation (HZN) for Q2 2018, worth a combined $110M — down 34% from $168M a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of HZN and 12 opened new positions — a net loss of 39 holders — while 30 trimmed existing stakes and 23 added.
The largest buyer was Sagard Capital Partners Management, opening a new position worth an estimated $8.37M. The largest seller was BlackRock, cutting an estimated $7.39M.
- 76 institutional investors held Horizon Global Corporation (HZN) as of Q2 2018, down from 116 in Q1 2018.
- Funds reported $110M of Horizon Global Corporation stock for Q2 2018, down 34% quarter-over-quarter.
- 12 funds opened new Horizon Global Corporation positions in Q2 2018 and 51 closed out, a net change of -39 holders.
- The largest Horizon Global Corporation buyer in Q2 2018 was Sagard Capital Partners Management, an estimated $8.37M added.
- The largest Horizon Global Corporation seller in Q2 2018 was BlackRock, an estimated $7.39M sold.
Based on aggregated 13F filings for Q2 2018.