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WhiteHorse Finance

35 hedge funds and large institutions have $36.3M invested in WhiteHorse Finance in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 10

7% more capital invested

Capital invested by funds: $33.9M → $36.3M (+$2.44M)

5% less funds holding

Funds holding: 3735 (-2)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

Holders
35
Holders Change
-2
Holders Change %
-5.41%
% of All Funds
1.02%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
14
Reduced
10
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BTS
1
BB&T Securities
Virginia
$8.94M +$56.3K +3,732 +7%
YMRC
2
Yorktown Management & Research Company
Virginia
$6.8M
AAM
3
Advisors Asset Management
Colorado
$4.55M +$1.94M +128,718 +75%
U
4
UBS
Switzerland
$4.34M +$398K +26,389 +10%
BFA
5
BlackRock Fund Advisors
California
$2.97M -$82.6K -5,473 -3%
Northern Trust
6
Northern Trust
Illinois
$1.33M +$1.31K +87 +0.1%
State Street
7
State Street
Massachusetts
$1.16M +$22.1K +1,461 +2%
BIT
8
BlackRock Institutional Trust
California
$1.06M -$83.9K -5,560 -7%
NI
9
Numeric Investors
Massachusetts
$1.01M -$168K -11,100 -14%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$515K +$181K +11,974 +54%
TCIM
11
TIAA CREF Investment Management
New York
$442K
Two Sigma Investments
12
Two Sigma Investments
New York
$365K +$365K +24,202 New
BIM
13
BlackRock Investment Management
Delaware
$355K -$8.59K -569 -2%
B
14
Barings
North Carolina
$323K +$323K +21,400 New
MAM
15
Martingale Asset Management
Massachusetts
$285K +$92.1K +6,100 +48%
B
16
Baird
Wisconsin
$270K +$35.3K +2,337 +15%
Morgan Stanley
17
Morgan Stanley
New York
$264K +$34.9K +2,315 +15%
Deutsche Bank
18
Deutsche Bank
Germany
$242K -$437K -28,962 -64%
Two Sigma Advisers
19
Two Sigma Advisers
New York
$217K +$216K +14,300 New
California State Teachers Retirement System (CalSTRS)
20
California State Teachers Retirement System (CalSTRS)
California
$189K +$3.02K +200 +2%
Vanguard Group
21
Vanguard Group
Pennsylvania
$163K +$8.79K +582 +6%
TA
22
Teachers Advisors
New York
$159K -$32.6K -2,158 -17%
NFA
23
Nationwide Fund Advisors
Ohio
$81K
Citigroup
24
Citigroup
New York
$74K +$55.7K +3,691 +296%
AIG
25
American International Group
New York
$69.2K -$694 -46 -1%

WHF Hedge Fund Activity: Q4 2013 in Review

35 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in WhiteHorse Finance (WHF) for Q4 2013, worth a combined $36.3M — up 7.2% from $33.9M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of WHF and 6 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 14 added.

The largest buyer was Advisors Asset Management, adding an estimated $1.94M. The largest seller was Deutsche Bank, cutting an estimated $437K.

  • 35 institutional investors held WhiteHorse Finance (WHF) as of Q4 2013, down from 37 in Q3 2013.
  • Funds reported $36.3M of WhiteHorse Finance stock for Q4 2013, up 7.2% quarter-over-quarter.
  • 6 funds opened new WhiteHorse Finance positions in Q4 2013 and 7 closed out, a net change of -1 holder.
  • The largest WhiteHorse Finance buyer in Q4 2013 was Advisors Asset Management, an estimated $1.94M added.
  • The largest WhiteHorse Finance seller in Q4 2013 was Deutsche Bank, an estimated $437K sold.

Based on aggregated 13F filings for Q4 2013.