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WhiteHorse Finance

25 hedge funds and large institutions have $21.2M invested in WhiteHorse Finance in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 13 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% less funds holding

Funds holding: 2725 (-2)

15% less capital invested

Capital invested by funds: $24.8M → $21.2M (-$3.65M)

40% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 5

69% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 13

Holders
25
Holders Change
-2
Holders Change %
-7.41%
% of All Funds
0.67%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
4
Reduced
13
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Advisors Asset Management
Colorado
$10.1M -$90.3K -8,991 -0.9%
UBS Group
2
UBS Group
Switzerland
$2.87M -$225K -22,448 -8%
NCM
3
Nantahala Capital Management
Connecticut
$2.45M +$375K +37,347 +19%
Morgan Stanley
4
Morgan Stanley
New York
$1.34M -$63.5K -6,324 -5%
RVPG
5
Relative Value Partners Group
$838K -$333K -33,152 -31%
MC
6
Muzinich & Co
New York
$814K
FTCM
7
First Trust Capital Management
Illinois
$655K +$634K +63,098 New
IA
8
IFP Advisors
Florida
$383K +$270K +26,933 New
Two Sigma Investments
9
Two Sigma Investments
New York
$347K -$68.9K -6,866 -17%
Two Sigma Advisers
10
Two Sigma Advisers
New York
$330K -$39.2K -3,900 -11%
Baird Financial Group
11
Baird Financial Group
Wisconsin
$253K +$8.54K +850 +4%
YMRC
12
Yorktown Management & Research Company
Virginia
$218K -$592K -59,000 -74%
BCM
13
Buckhead Capital Management
Georgia
$177K +$25.4K +2,525 +17%
Deutsche Bank
14
Deutsche Bank
Germany
$140K -$2.25K -224 -2%
Millennium Management
15
Millennium Management
New York
$108K -$230K -22,932 -69%
JP Morgan Chase
16
JP Morgan Chase
New York
$44K +$42.8K +4,267 New
Citigroup
17
Citigroup
New York
$38K -$3.32K -331 -8%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$29K -$16.1K -1,600 -36%
AIG
19
American International Group
New York
$17K -$8.03K -800 -33%
US Bancorp
20
US Bancorp
Minnesota
$16K
Manulife (Manufacturers Life Insurance)
21
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$10K
PI
22
PineBridge Investments
New York
$6K +$171 +17 +3%
PAM
23
Panagora Asset Management
Massachusetts
$3K
N
24
Nuveen
North Carolina
$357
OAM
25
Orinda Asset Management
California
-$591K -51,536 Closed

WHF Hedge Fund Activity: Q1 2016 in Review

25 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in WhiteHorse Finance (WHF) for Q1 2016, worth a combined $21.2M — down 15% from $24.8M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of WHF and 3 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 4 added.

The largest buyer was Nantahala Capital Management, adding an estimated $375K. The largest seller was Yorktown Management & Research Company, cutting an estimated $592K.

  • 25 institutional investors held WhiteHorse Finance (WHF) as of Q1 2016, down from 27 in Q4 2015.
  • Funds reported $21.2M of WhiteHorse Finance stock for Q1 2016, down 15% quarter-over-quarter.
  • 3 funds opened new WhiteHorse Finance positions in Q1 2016 and 5 closed out, a net change of -2 holders.
  • The largest WhiteHorse Finance buyer in Q1 2016 was Nantahala Capital Management, an estimated $375K added.
  • The largest WhiteHorse Finance seller in Q1 2016 was Yorktown Management & Research Company, an estimated $592K sold.

Based on aggregated 13F filings for Q1 2016.