WhiteHorse Finance
WHF
24 hedge funds and large institutions have $34.5M invested in WhiteHorse Finance in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 7 closing their positions.
7% less capital invested
Capital invested by funds: $37.1M → $34.5M (-$2.63M)
8% less funds holding
Funds holding: 26 → 24 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.25M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$1.37M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.27M |
| 4 |
OAM
Orinda Asset Management
Lafayette,
California
|
+$745K |
| 5 |
RCM
Rotella Capital Management
Bellevue,
Washington
|
+$217K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Buckhead Capital Management
Atlanta,
Georgia
|
-$1.1M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$626K |
| 3 |
Two Sigma Investments
New York
|
-$480K |
| 4 |
BG
BlackRock Group
London,
United Kingdom
|
-$336K |
| 5 |
Two Sigma Advisers
New York
|
-$332K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
26
Virtu KCG Holdings
New York
| – | -$167K | -14,488 | Closed |
|
27
Millennium Management
New York
| – | -$161K | -13,967 | Closed |
|
28
Citigroup
New York
| – | -$12K | -1,000 | Closed |
|
|
CCA
29
Catalyst Capital Advisors
Huntington,
New York
| – | -$6K | -500 | Closed |
|
|
WRM
30
Westport Resources Management
Westport,
Connecticut
| – | -$2K | -200 | Closed |
|
|
HR
31
Howe & Rusling
Rochester,
New York
| – | -$1K | -85 | Closed |
|
WHF Hedge Fund Activity: Q1 2015 in Review
24 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in WhiteHorse Finance (WHF) for Q1 2015, worth a combined $34.5M — down 7.1% from $37.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of WHF and 5 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 6 added.
The largest buyer was Deutsche Bank, adding an estimated $2.25M. The largest seller was Buckhead Capital Management, cutting an estimated $1.1M.
- 24 institutional investors held WhiteHorse Finance (WHF) as of Q1 2015, down from 26 in Q4 2014.
- Funds reported $34.5M of WhiteHorse Finance stock for Q1 2015, down 7.1% quarter-over-quarter.
- 5 funds opened new WhiteHorse Finance positions in Q1 2015 and 7 closed out, a net change of -2 holders.
- The largest WhiteHorse Finance buyer in Q1 2015 was Deutsche Bank, an estimated $2.25M added.
- The largest WhiteHorse Finance seller in Q1 2015 was Buckhead Capital Management, an estimated $1.1M sold.
Based on aggregated 13F filings for Q1 2015.