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WhiteHorse Finance

45 hedge funds and large institutions have $45.2M invested in WhiteHorse Finance in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 11

0.61% less ownership

Funds ownership: 16.42%15.81% (-0.61%)

1% less capital invested

Capital invested by funds: $45.7M → $45.2M (-$490K)

9% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 11

2% less funds holding

Funds holding: 4645 (-1)

Holders
45
Holders Change
-1
Holders Change %
-2.17%
% of All Funds
0.99%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
10
Increased
17
Reduced
11
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AM
1
Ares Management
California
$7.19M -$847K -61,930 -11%
VEA
2
Virtus ETF Advisers
New York
$4.65M +$1.07M +78,093 +31%
UBS Group
3
UBS Group
Switzerland
$4.41M +$679K +49,699 +19%
AAM
4
Advisors Asset Management
Colorado
$4.03M -$88.5K -6,475 -2%
RA
5
Resource America
New York
$3.63M
Morgan Stanley
6
Morgan Stanley
New York
$1.94M +$48.8K +3,567 +3%
Two Sigma Investments
7
Two Sigma Investments
New York
$1.78M -$510K -37,340 -23%
MC
8
Muzinich & Co
New York
$1.73M +$26K +1,900 +2%
Two Sigma Advisers
9
Two Sigma Advisers
New York
$1.63M +$212K +15,500 +15%
Legal & General Group
10
Legal & General Group
United Kingdom
$1.52M +$37K +2,706 +3%
GCM
11
Gables Capital Management
Florida
$1.43M +$63.5K +4,648 +5%
Acadian Asset Management
12
Acadian Asset Management
Massachusetts
$1.13M +$505K +36,942 +84%
AR
13
Advisory Research
Illinois
$1.1M -$24.7K -1,808 -2%
RJA
14
Raymond James & Associates
Florida
$1.01M -$395K -28,880 -29%
TAM
15
Tradition Asset Management
Virginia
$969K -$13.4K -983 -1%
Marshall Wace
16
Marshall Wace
United Kingdom
$951K -$1.35M -98,699 -59%
BlackRock
17
BlackRock
New York
$801K +$275K +20,086 +54%
IA
18
IFP Advisors
Florida
$688K +$676K +49,429 New
BI
19
Bulldog Investors
New Jersey
$482K -$244K -17,870 -34%
JP Morgan Chase
20
JP Morgan Chase
New York
$454K -$32K -2,343 -7%
SEI Investments
21
SEI Investments
Pennsylvania
$375K +$368K +26,939 New
MAFM
22
Mid Atlantic Financial Management
Pennsylvania
$345K +$18.5K +1,350 +6%
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$308K +$46.5K +3,400 +18%
Wells Fargo
24
Wells Fargo
California
$270K +$37.6K +2,748 +17%
AIM
25
Advantage Investment Management
Iowa
$243K -$33.7K -2,466 -12%

WHF Hedge Fund Activity: Q3 2019 in Review

45 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in WhiteHorse Finance (WHF) for Q3 2019, worth a combined $45.2M — down 1.1% from $45.7M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of WHF and 10 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 17 added.

The largest buyer was Virtus ETF Advisers, adding an estimated $1.07M. The largest seller was Marshall Wace, cutting an estimated $1.35M.

  • 45 institutional investors held WhiteHorse Finance (WHF) as of Q3 2019, down from 46 in Q2 2019.
  • Funds reported $45.2M of WhiteHorse Finance stock for Q3 2019, down 1.1% quarter-over-quarter.
  • 10 funds opened new WhiteHorse Finance positions in Q3 2019 and 11 closed out, a net change of -1 holder.
  • The largest WhiteHorse Finance buyer in Q3 2019 was Virtus ETF Advisers, an estimated $1.07M added.
  • The largest WhiteHorse Finance seller in Q3 2019 was Marshall Wace, an estimated $1.35M sold.

Based on aggregated 13F filings for Q3 2019.