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WhiteHorse Finance

24 hedge funds and large institutions have $34.5M invested in WhiteHorse Finance in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% less capital invested

Capital invested by funds: $37.1M → $34.5M (-$2.63M)

8% less funds holding

Funds holding: 2624 (-2)

29% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 7

45% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 11

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
24
Holders Change
-2
Holders Change %
-7.69%
% of All Funds
0.64%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
5
Increased
6
Reduced
11
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Advisors Asset Management
Colorado
$10.3M +$1.27M +105,074 +15%
YMRC
2
Yorktown Management & Research Company
Virginia
$6.25M -$202K -16,700 -3%
Deutsche Bank
3
Deutsche Bank
Germany
$4.27M +$2.25M +185,725 +117%
UBS Group
4
UBS Group
Switzerland
$3.97M -$626K -51,820 -14%
NCM
5
Nantahala Capital Management
Connecticut
$2.86M +$1.37M +113,002 +96%
BTS
6
BB&T Securities
Virginia
$1.85M -$45.6K -3,772 -20%
RVP
7
Relative Value Partners
Illinois
$907K +$171K +14,176 +24%
MC
8
Muzinich & Co
New York
$836K
OAM
9
Orinda Asset Management
California
$765K +$745K +61,607 New
Morgan Stanley
10
Morgan Stanley
New York
$593K +$166K +13,706 +40%
N
11
Nuveen
North Carolina
$402K +$60.4K +5,000 +18%
Two Sigma Advisers
12
Two Sigma Advisers
New York
$325K -$332K -27,500 -51%
RCM
13
Rotella Capital Management
Washington
$223K +$217K +17,955 New
Goldman Sachs
14
Goldman Sachs
New York
$218K -$41.8K -3,460 -16%
Stifel Financial
15
Stifel Financial
Missouri
$212K -$270K -22,339 -57%
B
16
Barings
North Carolina
$153K -$20.6K -1,700 -12%
BCM
17
Buckhead Capital Management
Georgia
$149K -$1.1M -91,107 -88%
Two Sigma Investments
18
Two Sigma Investments
New York
$145K -$480K -39,713 -77%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$35K +$33.8K +2,800 New
US Bancorp
20
US Bancorp
Minnesota
$19K +$18.1K +1,500 New
PAM
21
Panagora Asset Management
Massachusetts
$13K -$5.08K -420 -29%
AIG
22
American International Group
New York
$9.94K +$9.67K +800 New
PI
23
PineBridge Investments
New York
$7K
TRCT
24
Tower Research Capital (TRC)
New York
$2K -$6.06K -501 -70%
BG
25
BlackRock Group
United Kingdom
-$336K -29,069 Closed

WHF Hedge Fund Activity: Q1 2015 in Review

24 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in WhiteHorse Finance (WHF) for Q1 2015, worth a combined $34.5M — down 7.1% from $37.1M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of WHF and 5 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 6 added.

The largest buyer was Deutsche Bank, adding an estimated $2.25M. The largest seller was Buckhead Capital Management, cutting an estimated $1.1M.

  • 24 institutional investors held WhiteHorse Finance (WHF) as of Q1 2015, down from 26 in Q4 2014.
  • Funds reported $34.5M of WhiteHorse Finance stock for Q1 2015, down 7.1% quarter-over-quarter.
  • 5 funds opened new WhiteHorse Finance positions in Q1 2015 and 7 closed out, a net change of -2 holders.
  • The largest WhiteHorse Finance buyer in Q1 2015 was Deutsche Bank, an estimated $2.25M added.
  • The largest WhiteHorse Finance seller in Q1 2015 was Buckhead Capital Management, an estimated $1.1M sold.

Based on aggregated 13F filings for Q1 2015.