Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Horizon Technology Fin Corp (HRZN)

107 + Investors. Track Smart Money conviction in HRZN. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +51
Streak
1Q ▲
Buyers last Q
80%

Smart Money Signals — HRZN

Based on 110 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added HRZN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
110 hedge funds hold HRZN right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +80% more funds vs a year ago

fund count last 6Q
+49 new funds entered over the past year (+80% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 80% buying

94 buying24 selling
Last quarter: 94 funds were net buyers (66 opened a brand new position + 28 added to an existing one). Only 24 were sellers (9 trimmed + 15 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+53 vs last Q)

new funds entering per quarter
Funds opening a new HRZN position: 12 → 16 → 13 → 66. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📌

Mixed — 27% long-term, 57% new

27% conviction (2yr+) 15% medium 57% new
Of the 110 current holders: 30 (27%) held >2 years, 17 held 1–2 years, and 63 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💰

Value +171% but shares only +142% — price-driven

Value
+171%
Shares
+141%
Last quarter: the total dollar value of institutional holdings rose +171%, but actual share count only changed +142%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
🚀

Acceleration phase — new buyers rushing in

15 → 12 → 16 → 13 → 66 new funds/Q
New funds entering each quarter: 12 → 16 → 13 → 66. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
📊

Mixed cohorts — 32% veterans, 54% new entrants

32% veterans 13% 1-2yr 54% new
Of 114 current holders: 37 (32%) held 2+ years, 15 held 1–2 years, 62 (54%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.

Strong quality — 32% AUM from major funds

32% from top-100 AUM funds
16 of 107 holders rank in the top 100 by AUM, accounting for 32% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
5.1
out of 10
Moderate Exit Risk
Exit risk score 5.1/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — HRZN

In 2026 Q2, 94 hedge funds were net buyers of HRZN (66 opened a new position, 28 added to an existing one), while 24 reduced or exited (9 trimmed, 15 sold completely) — a 80% buyer ratio, indicating clear institutional accumulation. 32% of total institutional value in HRZN is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +51 funds (more new holders than closures). Total institutional holders: 110.

Hedge Fund Ownership: HRZN

How many hedge funds hold HRZN — quarterly history vs. share price
Quarterly hedge fund ownership of HRZN vs. share price

Market Analysis: HRZN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HRZN

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

5 top-rated funds 1 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
0.8
/ 10
conviction
Hedge Fund Positioning: HRZN
107 + Investors

Track Smart Money conviction in HRZN. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 107 59 81.36%
13F Shares 8M 3M 141.9%
Total Value $38M $14M 171.33%
New Positions 66 13 +53
Increased Positions 29 16 +13
Closed Positions 15 18 -3
Reduced Positions 7 22 -15
Total Calls 2 2 -
Total Puts 3 1 200.0%
PUT/CALL Ratio 1.5 0.5 Bearish

Statistics: HRZN

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Institutional Holders (2026 Q2)

107 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in HRZN. Verified SEC 13F-HR filings.

QUARTER:
Top 25 HRZN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Eagle Point Credit Management LLC 2.62% 366,194 $1.7M
2 Green Alpha Advisors, LLC 1.36% 429,913 $2.0M
3 Bulldog Investors, LLP 0.69% 658,617 $3.1M
4 Caz Investments LP 0.54% 108,630 $514K
5 Virtus Investment Advisers, LLC 0.28% 252,455 $1.2M
6 LaFleur & Godfrey LLC 0.06% 114,526 $542K
7 Closed-End Fund Advisors, Inc. 0.05% 10,432 $49K
8 Caprock Group, LLC 0.04% 454,442 $2.2M
9 Connecticut Wealth Management, LLC 0.04% 214,509 $1.0M
10 Jackson Thornton Wealth Management, LLC 0.03% 90,609 $429K
11 Permanent Capital Management, LP 0.03% 42,165 $203K
12 Magnolia Capital Advisors LLC 0.02% 28,849 $136K
13 Centennial Bank/AR/ 0.02% 15,000 $71K
14 First Financial Bank - Trust Division 0.02% 65,573 $310K
15 LifeWealth Investments, LLC 0.02% 16,908 $80K
16 Leading Edge Financial Planning LLC 0.01% 16,732 $79K
17 International Assets Investment Management, LLC 0.01% 49,241 $233K
18 Regal Investment Advisors LLC 0.01% 43,553 $206K
19 Chapin Davis, INC. 0.01% 12,691 $60K
20 Ethos Financial Group, LLC 0.01% 33,100 $157K
21 Nova Wealth Management, Inc. 0.01% 3,722 $18K
22 Garden State Investment Advisory Services LLC 0.01% 11,143 $53K
23 Fiduciary Group, LLC 0.01% 20,684 $98K
24 Apollon Wealth Management, LLC 0.01% 126,196 $597K
25 Southeast Asset Advisors, LLC 0.01% 15,043 $71K
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Horizon Technology Fin Corp (HRZN)

What does the Smart Money Trend signal show for HRZN?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added HRZN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for HRZN?

More buyers than sellers — 80% buying: Last quarter: 94 funds were net buyers (66 opened a brand new position + 28 added to an existing one). Only 24 were sellers (9 trimmed + 15 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for HRZN holders?

Strong quality — 32% AUM from major funds: 16 of 107 holders rank in the top 100 by AUM, accounting for 32% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held HRZN?

Mixed — 27% long-term, 57% new: Of the 110 current holders: 30 (27%) held >2 years, 17 held 1–2 years, and 63 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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