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WhiteHorse Finance

58 hedge funds and large institutions have $25.3M invested in WhiteHorse Finance in 2025 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 16 increasing their positions, 16 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 8

18% more funds holding

Funds holding: 4958 (+9)

11% more capital invested

Capital invested by funds: $22.7M → $25.3M (+$2.58M)

1.43% more ownership

Funds ownership: 14.2%15.63% (+1.4%)

0% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 16

93% less call options, than puts

Call options by funds: $10K | Put options by funds: $140K

Holders
58
Holders Change
+9
Holders Change %
+18.37%
% of All Funds
0.7%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
17
Increased
16
Reduced
16
Closed
8
Calls
$10K
Puts
$140K
Net Calls
-$130K
Net Calls Change
+$511K
Name Holding Trade Value Shares
Change
Change in
Stake
LC
1
Lalia Capital
New York
$4.63M +$4.74M +665,873 New
CM
2
CastleKnight Management
New York
$2.03M +$2.08M +292,456 New
Two Sigma Investments
3
Two Sigma Investments
New York
$1.79M +$188K +26,379 +11%
EFG
4
Ethos Financial Group
Pennsylvania
$1.7M +$153K +21,486 +10%
Two Sigma Advisers
5
Two Sigma Advisers
New York
$1.43M -$780K -109,600 -35%
Bank of America
6
Bank of America
North Carolina
$1.29M -$3.56K -500 -0.3%
Legal & General Group
7
Legal & General Group
United Kingdom
$1.13M +$160K +22,480 +16%
Jane Street
8
Jane Street
New York
$929K +$951K +133,724 New
BlackRock
9
BlackRock
New York
$890K -$79.2K -11,133 -8%
Bank of Montreal
10
Bank of Montreal
Ontario, Canada
$798K
BTI
11
Blue Trust Inc
Georgia
$664K +$143K +20,164 +27%
BCM
12
Basso Capital Management
Connecticut
$556K -$250K -35,138 -31%
SIS
13
Sound Income Strategies
Florida
$532K -$5.56M -781,054 -91%
LPL Financial
14
LPL Financial
California
$484K +$164K +23,047 +49%
Citadel Advisors
15
Citadel Advisors
Florida
$457K +$316K +44,380 +207%
AAM
16
Advisors Asset Management
Colorado
$442K -$36.3K -5,103 -7%
VIA
17
Virtus Investment Advisers
Connecticut
$402K -$52.4K -7,371 -11%
GCM
18
Gables Capital Management
Florida
$376K -$12.9K -1,817 -3%
QC
19
Quadrature Capital
United Kingdom
$339K +$347K +48,840 New
BAMF
20
BI Asset Management Fondsmaeglerselskab
Denmark
$337K
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$325K -$7.68K -1,079 -2%
Susquehanna International Group
22
Susquehanna International Group
Pennsylvania
$299K +$213K +29,881 +227%
UBS Group
23
UBS Group
Switzerland
$290K -$180K -25,368 -38%
CEFA
24
Closed-End Fund Advisors
Virginia
$286K +$293K +41,157 New
XT
25
XTX Topco
Cayman Islands
$207K +$212K +29,785 New

WHF Hedge Fund Activity: Q4 2025 in Review

58 of the 8,228 institutional investors tracked by Wall St. Rank reported a position in WhiteHorse Finance (WHF) for Q4 2025, worth a combined $25.3M — up 11% from $22.7M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new WHF positions and 8 closed out — a net gain of 9 holders — while 16 added to existing stakes and 16 trimmed.

The largest buyer was CastleKnight Management, opening a new position worth an estimated $2.08M. The largest seller was Sound Income Strategies, cutting an estimated $5.56M.

  • 58 institutional investors held WhiteHorse Finance (WHF) as of Q4 2025, up from 49 in Q3 2025.
  • Funds reported $25.3M of WhiteHorse Finance stock for Q4 2025, up 11% quarter-over-quarter.
  • 17 funds opened new WhiteHorse Finance positions in Q4 2025 and 8 closed out, a net change of +9 holders.
  • The largest WhiteHorse Finance buyer in Q4 2025 was CastleKnight Management, an estimated $2.08M added.
  • The largest WhiteHorse Finance seller in Q4 2025 was Sound Income Strategies, an estimated $5.56M sold.

Based on aggregated 13F filings for Q4 2025.