WhiteHorse Finance
WHF
51 hedge funds and large institutions have $33.1M invested in WhiteHorse Finance in 2025 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 21 reducing their positions, and 13 closing their positions.
0.44% less ownership
Funds ownership: 15.17% → 14.73% (-0.44%)
3% less capital invested
Capital invested by funds: $34.2M → $33.1M (-$1.12M)
16% less funds holding
Funds holding: 61 → 51 (-10)
29% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 21
67% less call options, than puts
Call options by funds: $81K | Put options by funds: $247K
77% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EFG
Ethos Financial Group
King Of Prussia,
Pennsylvania
|
+$2.05M |
| 2 |
VIA
Virtus Investment Advisers
Hartford,
Connecticut
|
+$1.36M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$565K |
| 4 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$493K |
| 5 |
Two Sigma Advisers
New York
|
+$228K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.26M |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$735K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$636K |
| 4 |
VEA
Virtus ETF Advisers
New York
|
-$476K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$427K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DAM
51
Delta Asset Management
Memphis,
Tennessee
| $145 | – | – | – |
|
|
52
Millennium Management
New York
| – | -$1.26M | -129,981 | Closed |
|
|
IAA
53
Independent Advisor Alliance
Charlotte,
North Carolina
| – | -$735K | -75,925 | Closed |
|
|
VEA
54
Virtus ETF Advisers
New York
| – | -$476K | -49,129 | Closed |
|
|
55
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$427K | -44,135 | Closed |
|
56
Marshall Wace
London,
United Kingdom
| – | -$402K | -41,514 | Closed |
|
|
VF
57
Virtu Financial
New York
| – | -$253K | -26,105 | Closed |
|
58
Jane Street
New York
| – | -$241K | -24,921 | Closed |
|
59
D.E. Shaw & Co
New York
| – | -$154K | -15,912 | Closed |
|
|
HF
60
HRT Financial
New York
| – | -$103K | -10,714 | Closed |
|
|
TRCT
61
Tower Research Capital (TRC)
New York
| – | -$39.5K | -4,076 | Closed |
|
|
SAM
62
Synergy Asset Management
Vancouver,
Washington
| – | -$2.87K | -248 | Closed |
|
63
Simplex Trading
Chicago,
Illinois
| – | -$2.35K | -229 | Closed |
|
|
IA
64
IFP Advisors
Tampa,
Florida
| – | -$20 | -2 | Closed |
|
WHF Hedge Fund Activity: Q1 2025 in Review
51 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in WhiteHorse Finance (WHF) for Q1 2025, worth a combined $33.1M — down 3.3% from $34.2M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of WHF and 3 opened new positions — a net loss of 10 holders — while 21 trimmed existing stakes and 15 added.
The largest buyer was Ethos Financial Group, opening a new position worth an estimated $2.05M. The largest seller was Millennium Management, exiting entirely with an estimated $1.26M sold.
- 51 institutional investors held WhiteHorse Finance (WHF) as of Q1 2025, down from 61 in Q4 2024.
- Funds reported $33.1M of WhiteHorse Finance stock for Q1 2025, down 3.3% quarter-over-quarter.
- 3 funds opened new WhiteHorse Finance positions in Q1 2025 and 13 closed out, a net change of -10 holders.
- The largest WhiteHorse Finance buyer in Q1 2025 was Ethos Financial Group, an estimated $2.05M added.
- The largest WhiteHorse Finance seller in Q1 2025 was Millennium Management, an estimated $1.26M sold.
Based on aggregated 13F filings for Q1 2025.