WhiteHorse Finance
WHF
25 hedge funds and large institutions have $21.2M invested in WhiteHorse Finance in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 13 reducing their positions, and 5 closing their positions.
7% less funds holding
Funds holding: 27 → 25 (-2)
15% less capital invested
Capital invested by funds: $24.8M → $21.2M (-$3.65M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
69% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$375K |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
+$270K |
| 3 |
JP Morgan Chase
New York
|
+$42.8K |
| 4 |
BCM
Buckhead Capital Management
Atlanta,
Georgia
|
+$25.4K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$8.54K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$592K |
| 2 |
OAM
Orinda Asset Management
Lafayette,
California
|
-$591K |
| 3 |
RVPG
Relative Value Partners Group
|
-$333K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$296K |
| 5 |
Millennium Management
New York
|
-$230K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCP
26
GSA Capital Partners
London,
United Kingdom
| – | -$296K | -25,800 | Closed |
|
27
Wells Fargo
San Francisco,
California
| – | -$123K | -12,248 | Closed |
|
|
BTS
28
BB&T Securities
Richmond,
Virginia
| – | -$120K | -10,510 | Closed |
|
|
HIM
29
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$100K | -8,700 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$8.18K | -815 | -94% |
|
WHF Hedge Fund Activity: Q1 2016 in Review
25 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in WhiteHorse Finance (WHF) for Q1 2016, worth a combined $21.2M — down 15% from $24.8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of WHF and 3 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 4 added.
The largest buyer was Nantahala Capital Management, adding an estimated $375K. The largest seller was Yorktown Management & Research Company, cutting an estimated $592K.
- 25 institutional investors held WhiteHorse Finance (WHF) as of Q1 2016, down from 27 in Q4 2015.
- Funds reported $21.2M of WhiteHorse Finance stock for Q1 2016, down 15% quarter-over-quarter.
- 3 funds opened new WhiteHorse Finance positions in Q1 2016 and 5 closed out, a net change of -2 holders.
- The largest WhiteHorse Finance buyer in Q1 2016 was Nantahala Capital Management, an estimated $375K added.
- The largest WhiteHorse Finance seller in Q1 2016 was Yorktown Management & Research Company, an estimated $592K sold.
Based on aggregated 13F filings for Q1 2016.