Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Whitehorse Fin Inc (WHF)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -7
Streak
1Q ▼
Buyers last Q
47%

Smart Money Signals — WHF

Based on 51 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their WHF positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 84% of 3.0Y peak

84% of all-time peak
51 funds currently hold this stock — 84% of the 3.0-year high of 61 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding WHF is almost the same as a year ago (+0 funds, +0% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 47% buying

25 buying28 selling
Last quarter: 28 funds reduced or exited vs 25 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-9 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 6 → 8 → 18 → 9. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 25% medium ■ 22% new
27 out of 51 hedge funds have held WHF for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~9 new funds/quarter

3 → 6 → 8 → 18 → 9 new funds/Q
New funds entering each quarter: 6 → 8 → 18 → 9. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 63% veterans vs 27% newcomers

■ 63% veterans ■ 10% 1-2yr ■ 27% new
Entry-cohort mix of 51 holders: 32 (63%) are 2+ year veterans, 5 entered 1–2 years ago, and 14 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 21% AUM from major funds

21% from top-100 AUM funds
11 of 50 holders rank in the top 100 by AUM, accounting for 21% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

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 — WHF

In 2026 Q1, 25 hedge funds were net buyers of WHF (9 opened a new position, 16 added to an existing one), while 28 reduced or exited (12 trimmed, 16 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. 21% of total institutional value in WHF is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -7 funds (more exits than new entries). Total institutional holders: 51.

Hedge Fund Ownership: WHF

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

Market Analysis: WHF

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: WHF

-- --

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

Is It Too Late to Buy Whitehorse Fin Inc (WHF) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much WHF has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 80d ago
WHF
-12.8%
XLF
+9.5%

WHF outperformed XLF by -22.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 35d ago
WHF
-8.4%
XLF
+5.8%

Since the filing became public, WHF outperformed XLF by -14.2% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

4 top-rated funds 1 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.9
/ 10
conviction
Hedge Fund Positioning: WHF
51 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 51 58 -12.07%
13F Shares 4M 4M 0.14%
Total Value $26M $25M 1.97%
New Positions 9 18 -9
Increased Positions 15 14 +1
Closed Positions 16 8 +8
Reduced Positions 12 17 -5
Total Calls 1 0 100%
Total Puts 0 1 -100.0%
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: WHF

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

51 + investors

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

QUARTER:
Top 25 WHF holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Lalia Capital, LLC 3.22% 689,105 $5.1M
2 Closed-End Fund Advisors, Inc. 0.34% 44,821 $332K
3 Basso Capital Management, L.P. 0.27% 60,000 $444K
4 Gables Capital Management INC. 0.16% 50,974 $377K
5 Ethos Financial Group, LLC 0.12% 243,940 $1.7M
6 Virtus Investment Advisers, LLC 0.12% 60,566 $448K
7 CastleKnight Management LP 0.04% 292,456 $2.2M
8 Powell Investment Advisors, LLC 0.03% 12,033 $92K
9 Northstar Advisory Group, LLC 0.03% 11,397 $84K
10 Dimension Capital Management LLC 0.03% 28,337 $210K
11 Sound Income Strategies, LLC 0.03% 72,811 $518K
12 Two Sigma Securities, LLC 0.01% 17,337 $128K
13 Campbell & CO Investment Adviser LLC 0.01% 25,836 $191K
14 Blue Trust, Inc. 0.01% 95,601 $707K
15 Norden Group LLC 0.01% 11,000 $81K
16 Advisors Asset Management, Inc. 0.01% 60,824 $450K
17 Snowden Capital Advisors LLC 0.01% 29,217 $224K
18 Trexquant Investment LP 0.00% 67,486 $499K
19 Two Sigma Advisers, LP 0.00% 206,252 $1.4M
20 Two Sigma Investments, LP 0.00% 435,572 $3.2M
21 NewEdge Wealth, LLC 0.00% 16,811 $124K
22 Vident Advisory, LLC 0.00% 23,243 $172K
23 O'shaughnessy Asset Management, LLC 0.00% 16,898 $125K
24 Marshall Wace, LLP 0.00% 76,266 $564K
25 Ancora Advisors LLC 0.00% 3,000 $22K
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 — Whitehorse Fin Inc (WHF)

What does the Smart Money Trend signal show for WHF?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their WHF positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for WHF?

More sellers than buyers — 47% buying: Last quarter: 28 funds reduced or exited vs 25 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for WHF holders?

Strong quality — 21% AUM from major funds: 11 of 50 holders rank in the top 100 by AUM, accounting for 21% 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 WHF?

53% of holders stayed for 2+ years: 27 out of 51 hedge funds have held WHF for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Whitehorse Fin Inc (WHF) following the 2026 Q1 hedge fund 13F filings?

As of today, WHF has moved -8.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLF sector ETF — an outperformance of -14.2%. Since the quarter end (March 31, 2026), WHF has gained -12.8% vs +9.5% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

Full history →