WhiteHorse Finance
WHF
52 hedge funds and large institutions have $27.2M invested in WhiteHorse Finance in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 14 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
1.81% less ownership
Funds ownership: 20.43% → 18.62% (-1.8%)
7% less funds holding
Funds holding: 56 → 52 (-4)
53% less capital invested
Capital invested by funds: $57.5M → $27.2M (-$30.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Resource America
New York
|
+$2.86M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
+$1.35M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.24M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$933K |
| 5 |
Millennium Management
New York
|
+$625K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.96M |
| 2 |
Morgan Stanley
New York
|
-$1.73M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.51M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$1.4M |
| 5 |
Two Sigma Investments
New York
|
-$1.37M |
WHF Hedge Fund Activity: Q1 2020 in Review
52 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in WhiteHorse Finance (WHF) for Q1 2020, worth a combined $27.2M — down 53% from $57.5M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of WHF and 13 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 19 added.
The largest buyer was Resource America, adding an estimated $2.86M. The largest seller was UBS Group, cutting an estimated $1.96M.
- 52 institutional investors held WhiteHorse Finance (WHF) as of Q1 2020, down from 56 in Q4 2019.
- Funds reported $27.2M of WhiteHorse Finance stock for Q1 2020, down 53% quarter-over-quarter.
- 13 funds opened new WhiteHorse Finance positions in Q1 2020 and 14 closed out, a net change of -1 holder.
- The largest WhiteHorse Finance buyer in Q1 2020 was Resource America, an estimated $2.86M added.
- The largest WhiteHorse Finance seller in Q1 2020 was UBS Group, an estimated $1.96M sold.
Based on aggregated 13F filings for Q1 2020.