WhiteHorse Finance
WHF
56 hedge funds and large institutions have $57.5M invested in WhiteHorse Finance in 2019 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 24 increasing their positions, 8 reducing their positions, and 5 closing their positions.
260% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 5
200% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 8
27% more capital invested
Capital invested by funds: $45.2M → $57.5M (+$12.3M)
24% more funds holding
Funds holding: 45 → 56 (+11)
4.62% more ownership
Funds ownership: 15.81% → 20.43% (+4.6%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$2.19M |
| 2 |
Two Sigma Investments
New York
|
+$1.58M |
| 3 |
Two Sigma Advisers
New York
|
+$1.4M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.05M |
| 5 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
-$884K |
| 2 |
VEA
Virtus ETF Advisers
New York
|
-$178K |
| 3 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$134K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$115K |
| 5 |
AR
Advisory Research
Chicago,
Illinois
|
-$112K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $114K | +$90.8K | +6,500 | +361% |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| $72K | +$71.6K | +5,124 | +2,895% |
|
53
Canada Life
Winnipeg,
Manitoba, Canada
| $48K | +$49.2K | +3,522 | New |
|
54
Royal Bank of Canada
Toronto,
Ontario, Canada
| $18K | – | – | – |
|
|
KFS
55
Kelly Financial Services
Braintree,
Massachusetts
| $1.43K | +$56 | +4 | +4% |
|
|
SMFS
56
Squar Milner Financial Services
Irvine,
California
| – | -$108K | -11,000 | Closed |
|
57
Victory Capital Management
San Antonio,
Texas
| – | -$23K | -1,628 | Closed |
|
|
GT
58
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$22 | -1,620 | Closed |
|
|
1IA
59
1834 Investment Advisors
Milwaukee,
Wisconsin
| – | -$6K | -400 | Closed |
|
|
QCIG
60
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$5K | -400 | Closed |
|
|
PFGIA
61
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | +$28 | +2 | New |
|
WHF Hedge Fund Activity: Q4 2019 in Review
56 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in WhiteHorse Finance (WHF) for Q4 2019, worth a combined $57.5M — up 27% from $45.2M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new WHF positions and 5 closed out — a net gain of 13 holders — while 24 added to existing stakes and 8 trimmed.
The largest buyer was UBS Group, adding an estimated $2.19M. The largest seller was Ares Management, cutting an estimated $884K.
- 56 institutional investors held WhiteHorse Finance (WHF) as of Q4 2019, up from 45 in Q3 2019.
- Funds reported $57.5M of WhiteHorse Finance stock for Q4 2019, up 27% quarter-over-quarter.
- 18 funds opened new WhiteHorse Finance positions in Q4 2019 and 5 closed out, a net change of +13 holders.
- The largest WhiteHorse Finance buyer in Q4 2019 was UBS Group, an estimated $2.19M added.
- The largest WhiteHorse Finance seller in Q4 2019 was Ares Management, an estimated $884K sold.
Based on aggregated 13F filings for Q4 2019.