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WhiteHorse Finance

18 hedge funds and large institutions have $20.2M invested in WhiteHorse Finance in 2016 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% less capital invested

Capital invested by funds: $21M → $20.2M (-$836K)

17% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 6

22% less funds holding

Funds holding: 2318 (-5)

80% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 5

Holders
18
Holders Change
-5
Holders Change %
-21.74%
% of All Funds
0.48%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
5
Reduced
6
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Advisors Asset Management
Colorado
$9.65M -$290K -25,310 -3%
AM
2
Ares Management
California
$4.03M +$2.47M +215,658 +141%
UBS Group
3
UBS Group
Switzerland
$2.96M +$44.4K +3,872 +1%
Morgan Stanley
4
Morgan Stanley
New York
$1.46M +$106K +9,287 +7%
RJA
5
Raymond James & Associates
Florida
$547K +$573K +50,041 New
N
6
Nuveen
North Carolina
$375K
NFA
7
Nuveen Fund Advisors
Illinois
$350K -$49.2K -4,292 -12%
Two Sigma Investments
8
Two Sigma Investments
New York
$271K -$79.8K -6,965 -22%
Two Sigma Advisers
9
Two Sigma Advisers
New York
$233K -$61.9K -5,400 -20%
BCM
10
Buckhead Capital Management
Georgia
$186K
Citigroup
11
Citigroup
New York
$39K +$470 +41 +1%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$31K
AG
13
Advisor Group
Arizona
$18K
US Bancorp
14
US Bancorp
Minnesota
$16K
Deutsche Bank
15
Deutsche Bank
Germany
$12K -$610K -53,223 -98%
Manulife (Manufacturers Life Insurance)
16
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$5K -$5.74K -501 -53%
PAM
17
Panagora Asset Management
Massachusetts
$3K
TRCT
18
Tower Research Capital (TRC)
New York
$3K +$481 +42 +18%
MC
19
Muzinich & Co
New York
-$711K -65,733 Closed
OAM
20
Orinda Asset Management
California
-$655K -63,098 Closed
NCM
21
Nantahala Capital Management
Connecticut
-$618K -57,132 Closed
Baird Financial Group
22
Baird Financial Group
Wisconsin
-$276K -25,554 Closed
BBHC
23
Brown Brothers Harriman & Co
New York
-$8K -750 Closed

WHF Hedge Fund Activity: Q3 2016 in Review

18 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in WhiteHorse Finance (WHF) for Q3 2016, worth a combined $20.2M — down 4% from $21M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of WHF and 1 opened new positions — a net loss of 4 holders — while 6 trimmed existing stakes and 5 added.

The largest buyer was Ares Management, adding an estimated $2.47M. The largest seller was Muzinich & Co, exiting entirely with an estimated $711K sold.

  • 18 institutional investors held WhiteHorse Finance (WHF) as of Q3 2016, down from 23 in Q2 2016.
  • Funds reported $20.2M of WhiteHorse Finance stock for Q3 2016, down 4% quarter-over-quarter.
  • 1 fund opened new WhiteHorse Finance positions in Q3 2016 and 5 closed out, a net change of -4 holders.
  • The largest WhiteHorse Finance buyer in Q3 2016 was Ares Management, an estimated $2.47M added.
  • The largest WhiteHorse Finance seller in Q3 2016 was Muzinich & Co, an estimated $711K sold.

Based on aggregated 13F filings for Q3 2016.