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WhiteHorse Finance

23 hedge funds and large institutions have $21M invested in WhiteHorse Finance in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% less capital invested

Capital invested by funds: $21.2M → $21M (-$159K)

8% less funds holding

Funds holding: 2523 (-2)

29% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 7

50% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 8

Holders
23
Holders Change
-2
Holders Change %
-8%
% of All Funds
0.61%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
4
Reduced
8
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Advisors Asset Management
Colorado
$9.83M -$676K -65,336 -7%
UBS Group
2
UBS Group
Switzerland
$2.89M -$96.9K -9,357 -3%
AM
3
Ares Management
California
$1.66M +$1.59M +153,210 New
Morgan Stanley
4
Morgan Stanley
New York
$1.35M -$49.1K -4,746 -4%
FTCM
5
First Trust Capital Management
Illinois
$756K +$70.3K +6,792 +11%
MC
6
Muzinich & Co
New York
$711K -$131K -12,642 -16%
OAM
7
Orinda Asset Management
California
$655K +$653K +63,098 New
NCM
8
Nantahala Capital Management
Connecticut
$618K -$1.85M -178,537 -76%
Deutsche Bank
9
Deutsche Bank
Germany
$587K +$421K +40,689 +298%
NFA
10
Nuveen Fund Advisors
Illinois
$393K +$376K +36,353 New
N
11
Nuveen
North Carolina
$372K
Two Sigma Investments
12
Two Sigma Investments
New York
$344K -$16.6K -1,600 -5%
Two Sigma Advisers
13
Two Sigma Advisers
New York
$289K -$52.3K -5,053 -16%
Baird Financial Group
14
Baird Financial Group
Wisconsin
$276K +$12.5K +1,203 +5%
BCM
15
Buckhead Capital Management
Georgia
$184K
Citigroup
16
Citigroup
New York
$38K -$414 -40 -1%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$30K
AG
18
Advisor Group
Arizona
$17K +$16.7K +1,616 New
US Bancorp
19
US Bancorp
Minnesota
$16K
Manulife (Manufacturers Life Insurance)
20
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$10K
BBHC
21
Brown Brothers Harriman & Co
New York
$8K +$7.76K +750 New
PAM
22
Panagora Asset Management
Massachusetts
$3K
TRCT
23
Tower Research Capital (TRC)
New York
$2K +$1.87K +181 +377%
RVPG
24
Relative Value Partners Group
-$838K -72,975 Closed
IA
25
IFP Advisors
Florida
-$383K -26,933 Closed

WHF Hedge Fund Activity: Q2 2016 in Review

23 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in WhiteHorse Finance (WHF) for Q2 2016, worth a combined $21M — down 0.75% from $21.2M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of WHF and 5 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 4 added.

The largest buyer was Ares Management, opening a new position worth an estimated $1.59M. The largest seller was Nantahala Capital Management, cutting an estimated $1.85M.

  • 23 institutional investors held WhiteHorse Finance (WHF) as of Q2 2016, down from 25 in Q1 2016.
  • Funds reported $21M of WhiteHorse Finance stock for Q2 2016, down 0.75% quarter-over-quarter.
  • 5 funds opened new WhiteHorse Finance positions in Q2 2016 and 7 closed out, a net change of -2 holders.
  • The largest WhiteHorse Finance buyer in Q2 2016 was Ares Management, an estimated $1.59M added.
  • The largest WhiteHorse Finance seller in Q2 2016 was Nantahala Capital Management, an estimated $1.85M sold.

Based on aggregated 13F filings for Q2 2016.