WhiteHorse Finance
WHF
23 hedge funds and large institutions have $21M invested in WhiteHorse Finance in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 7 closing their positions.
1% less capital invested
Capital invested by funds: $21.2M → $21M (-$159K)
8% less funds holding
Funds holding: 25 → 23 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$1.59M |
| 2 |
OAM
Orinda Asset Management
Lafayette,
California
|
+$653K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$421K |
| 4 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$70.3K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$12.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$1.85M |
| 2 |
RVPG
Relative Value Partners Group
|
-$838K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$676K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$383K |
| 5 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$218K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
YMRC
26
Yorktown Management & Research Company
Forest,
Virginia
| – | -$218K | -21,000 | Closed |
|
27
Millennium Management
New York
| – | -$108K | -10,449 | Closed |
|
28
JP Morgan Chase
New York
| – | -$44K | -4,267 | Closed |
|
|
AIG
29
American International Group
New York
| – | -$17K | -1,616 | Closed |
|
|
PI
30
PineBridge Investments
New York
| – | -$6K | -595 | Closed |
|
WHF Hedge Fund Activity: Q2 2016 in Review
23 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in WhiteHorse Finance (WHF) for Q2 2016, worth a combined $21M — down 0.75% from $21.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of WHF and 5 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 4 added.
The largest buyer was Ares Management, opening a new position worth an estimated $1.59M. The largest seller was Nantahala Capital Management, cutting an estimated $1.85M.
- 23 institutional investors held WhiteHorse Finance (WHF) as of Q2 2016, down from 25 in Q1 2016.
- Funds reported $21M of WhiteHorse Finance stock for Q2 2016, down 0.75% quarter-over-quarter.
- 5 funds opened new WhiteHorse Finance positions in Q2 2016 and 7 closed out, a net change of -2 holders.
- The largest WhiteHorse Finance buyer in Q2 2016 was Ares Management, an estimated $1.59M added.
- The largest WhiteHorse Finance seller in Q2 2016 was Nantahala Capital Management, an estimated $1.85M sold.
Based on aggregated 13F filings for Q2 2016.