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WhiteHorse Finance

39 hedge funds and large institutions have $32.8M invested in WhiteHorse Finance in 2014 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 9

3% less capital invested

Capital invested by funds: $34M → $32.8M (-$1.18M)

7% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 14

3% less funds holding

Funds holding: 4039 (-1)

Holders
39
Holders Change
-1
Holders Change %
-2.5%
% of All Funds
1.12%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
13
Reduced
9
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
YMRC
1
Yorktown Management & Research Company
Virginia
$7.44M +$965K +70,000 +16%
AAM
2
Advisors Asset Management
Colorado
$5.9M +$1.04M +75,179 +22%
U
3
UBS
Switzerland
$5.06M +$561K +40,727 +13%
BTS
4
BB&T Securities
Virginia
$3.31M -$228K -16,539 -42%
Deutsche Bank
5
Deutsche Bank
Germany
$1.84M +$1.26M +91,057 +242%
BCM
6
Buckhead Capital Management
Georgia
$1.38M +$1.33M +96,417 New
Northern Trust
7
Northern Trust
Illinois
$780K -$389K -28,239 -34%
NCM
8
Nantahala Capital Management
Connecticut
$741K +$714K +51,800 New
Stifel Financial
9
Stifel Financial
Missouri
$638K +$183K +13,258 +42%
Goldman Sachs
10
Goldman Sachs
New York
$609K +$587K +42,598 New
Morgan Stanley
11
Morgan Stanley
New York
$589K +$316K +22,952 +126%
Two Sigma Investments
12
Two Sigma Investments
New York
$565K +$193K +13,992 +55%
NI
13
Numeric Investors
Massachusetts
$427K -$508K -36,819 -55%
PP
14
Paloma Partners
Connecticut
$425K +$410K +29,731 New
Two Sigma Advisers
15
Two Sigma Advisers
New York
$412K +$178K +12,900 +81%
DCM
16
Driehaus Capital Management
Illinois
$319K +$307K +22,300 New
B
17
Baird
Wisconsin
$317K +$63.8K +4,630 +26%
N
18
Nuveen
North Carolina
$305K -$7.93K -575 -3%
COPPSERS
19
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$288K +$278K +20,161 New
B
20
Barings
North Carolina
$269K -$35.8K -2,600 -12%
CS
21
Credit Suisse
Switzerland
$268K +$259K +18,787 New
Millennium Management
22
Millennium Management
New York
$224K +$216K +15,661 New
LP
23
LMR Partners
United Kingdom
$214K +$206K +14,944 New
AIM
24
Allen Investment Management
New York
$206K -$253K -18,390 -56%
Wells Fargo
25
Wells Fargo
California
$102K +$98.5K +7,148 +714,800%

WHF Hedge Fund Activity: Q2 2014 in Review

39 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in WhiteHorse Finance (WHF) for Q2 2014, worth a combined $32.8M — down 3.5% from $34M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of WHF and 13 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 13 added.

The largest buyer was Buckhead Capital Management, opening a new position worth an estimated $1.33M. The largest seller was BlackRock Fund Advisors, exiting entirely with an estimated $2.85M sold.

  • 39 institutional investors held WhiteHorse Finance (WHF) as of Q2 2014, down from 40 in Q1 2014.
  • Funds reported $32.8M of WhiteHorse Finance stock for Q2 2014, down 3.5% quarter-over-quarter.
  • 13 funds opened new WhiteHorse Finance positions in Q2 2014 and 14 closed out, a net change of -1 holder.
  • The largest WhiteHorse Finance buyer in Q2 2014 was Buckhead Capital Management, an estimated $1.33M added.
  • The largest WhiteHorse Finance seller in Q2 2014 was BlackRock Fund Advisors, an estimated $2.85M sold.

Based on aggregated 13F filings for Q2 2014.