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WhiteHorse Finance

28 hedge funds and large institutions have $28.9M invested in WhiteHorse Finance in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 14 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% less capital invested

Capital invested by funds: $32.8M → $28.9M (-$3.94M)

28% less funds holding

Funds holding: 3928 (-11)

50% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 14

79% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 14

Holders
28
Holders Change
-11
Holders Change %
-28.21%
% of All Funds
0.81%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
7
Reduced
14
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Advisors Asset Management
Colorado
$7.49M +$2.16M +152,737 +37%
YMRC
2
Yorktown Management & Research Company
Virginia
$7.02M +$139K +9,799 +2%
U
3
UBS
Switzerland
$4.53M -$169K -11,910 -3%
BTS
4
BB&T Securities
Virginia
$3.11M +$4.82K +340 +1%
BCM
5
Buckhead Capital Management
Georgia
$1.36M +$90.8K +6,415 +7%
Deutsche Bank
6
Deutsche Bank
Germany
$1.22M -$522K -36,843 -29%
Stifel Financial
7
Stifel Financial
Missouri
$559K -$34.5K -2,437 -5%
BG
8
BlackRock Group
United Kingdom
$445K +$476K +33,582 New
Goldman Sachs
9
Goldman Sachs
New York
$401K -$174K -12,316 -29%
Two Sigma Investments
10
Two Sigma Investments
New York
$385K -$148K -10,450 -26%
RVP
11
Relative Value Partners
Illinois
$383K +$409K +28,874 New
Two Sigma Advisers
12
Two Sigma Advisers
New York
$317K -$69.4K -4,900 -17%
Morgan Stanley
13
Morgan Stanley
New York
$288K -$275K -19,408 -47%
N
14
Nuveen
North Carolina
$283K
AIM
15
Allen Investment Management
New York
$251K +$64.4K +4,547 +32%
DCM
16
Driehaus Capital Management
Illinois
$223K -$77.9K -5,500 -25%
B
17
Baird
Wisconsin
$187K -$114K -8,047 -36%
B
18
Barings
North Carolina
$186K -$68K -4,800 -26%
Millennium Management
19
Millennium Management
New York
$146K -$66.2K -4,675 -30%
PAM
20
Panagora Asset Management
Massachusetts
$19K -$9.02K -637 -30%
Citigroup
21
Citigroup
New York
$13K -$26.7K -1,883 -65%
TRCT
22
Tower Research Capital (TRC)
New York
$11K +$7.08K +500 +142%
Barclays
23
Barclays
United Kingdom
$10K -$30K -2,116 -73%
PMFA
24
Plante Moran Financial Advisors
Michigan
$9K
WRM
25
Westport Resources Management
Connecticut
$9K

WHF Hedge Fund Activity: Q3 2014 in Review

28 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in WhiteHorse Finance (WHF) for Q3 2014, worth a combined $28.9M — down 12% from $32.8M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of WHF and 3 opened new positions — a net loss of 11 holders — while 14 trimmed existing stakes and 7 added.

The largest buyer was Advisors Asset Management, adding an estimated $2.16M. The largest seller was Northern Trust, exiting entirely with an estimated $780K sold.

  • 28 institutional investors held WhiteHorse Finance (WHF) as of Q3 2014, down from 39 in Q2 2014.
  • Funds reported $28.9M of WhiteHorse Finance stock for Q3 2014, down 12% quarter-over-quarter.
  • 3 funds opened new WhiteHorse Finance positions in Q3 2014 and 14 closed out, a net change of -11 holders.
  • The largest WhiteHorse Finance buyer in Q3 2014 was Advisors Asset Management, an estimated $2.16M added.
  • The largest WhiteHorse Finance seller in Q3 2014 was Northern Trust, an estimated $780K sold.

Based on aggregated 13F filings for Q3 2014.