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WhiteHorse Finance

37 hedge funds and large institutions have $37.6M invested in WhiteHorse Finance in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 9

43% more capital invested

Capital invested by funds: $26.3M → $37.6M (+$11.3M)

4.31% more ownership

Funds ownership: 8.85%13.16% (+4.3%)

0% more funds holding

Funds holding: 3737 (0)

0% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 6

Holders
37
Holders Change
Holders Change %
0%
% of All Funds
0.85%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
14
Reduced
9
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AM
1
Ares Management
California
$13.5M +$14M +972,622 New
AAM
2
Advisors Asset Management
Colorado
$5.52M -$839K -58,319 -13%
RA
3
Resource America
New York
$4.19M +$710K +49,376 +20%
UBS Group
4
UBS Group
Switzerland
$2.77M +$294K +20,448 +11%
Morgan Stanley
5
Morgan Stanley
New York
$1.43M -$99.4K -6,913 -6%
GCM
6
Gables Capital Management
Florida
$1.4M -$14.4K -1,000 -1%
Legal & General Group
7
Legal & General Group
United Kingdom
$1.11M +$173K +12,060 +18%
ACM
8
Ativo Capital Management
Illinois
$1.08M
Two Sigma Advisers
9
Two Sigma Advisers
New York
$987K -$104K -7,200 -9%
IA
10
IFP Advisors
Florida
$835K +$561 +39 +0.1%
RJA
11
Raymond James & Associates
Florida
$705K +$52.7K +3,662 +8%
Two Sigma Investments
12
Two Sigma Investments
New York
$623K -$165K -11,444 -20%
BlackRock
13
BlackRock
New York
$561K +$39.5K +2,748 +7%
Axa
14
Axa
France
$462K
N
15
Nuveen
North Carolina
$311K -$101K -7,000 -24%
NFA
16
Nuveen Fund Advisors
Illinois
$259K -$17.5K -1,220 -6%
FCM
17
FJ Capital Management
Virginia
$238K +$246K +17,100 New
Macquarie Group
18
Macquarie Group
Australia
$225K -$339K -23,582 -59%
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$193K +$144 +10 +0.1%
FIM
20
Freedom Investment Management
Connecticut
$186K -$4.89K -340 -2%
Wells Fargo
21
Wells Fargo
California
$171K +$4.56K +317 +3%
BTS
22
BB&T Securities
Virginia
$169K
AIM
23
Advantage Investment Management
Iowa
$169K +$56.9K +3,957 +48%
TC
24
Telemus Capital
Michigan
$139K
WAM
25
Wolverine Asset Management
Illinois
$129K +$134K +9,301 New

WHF Hedge Fund Activity: Q3 2018 in Review

37 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in WhiteHorse Finance (WHF) for Q3 2018, worth a combined $37.6M — up 43% from $26.3M a quarter earlier.

Fund positioning in WHF was balanced in Q3 2018: 6 funds opened new positions, 6 closed out, 14 added to existing stakes and 9 trimmed.

The largest buyer was Ares Management, opening a new position worth an estimated $14M. The largest seller was Millennium Management, exiting entirely with an estimated $853K sold.

  • 37 institutional investors held WhiteHorse Finance (WHF) as of Q3 2018, unchanged from Q2 2018.
  • Funds reported $37.6M of WhiteHorse Finance stock for Q3 2018, up 43% quarter-over-quarter.
  • 6 funds opened new WhiteHorse Finance positions in Q3 2018 and 6 closed out, a net change of 0 holders.
  • The largest WhiteHorse Finance buyer in Q3 2018 was Ares Management, an estimated $14M added.
  • The largest WhiteHorse Finance seller in Q3 2018 was Millennium Management, an estimated $853K sold.

Based on aggregated 13F filings for Q3 2018.