New Positions
18 managers initiated
Top five by reported value
- Lalia Capital, LLC$4.6M
- CastleKnight Management LP$2.0M
- JANE STREET GROUP, LLC$929.4K
- Quadrature Capital Ltd$339.4K
- Closed-End Fund Advisors, Inc.$286.0K
WhiteHorse Finance Inc NASDAQ NMS - GLOBAL MARKET:WHFCL
Institutional holders, quarter-over-quarter share deltas, and new and closed positions disclosed in Form 13F. Period 2025-12-31 · prior 2025-09-30.
18 new15 added25 reduced7 exited
Total Institutional Holders
58
as of 2025-12-31
Top Holder
Lalia Capital, LLC
$4.6M
Largest QoQ Increase
Lalia Capital, LLC
+665,873 sh
Largest QoQ Decrease
Sound Income Strategies, LLC
-781,054 sh
New Positions(18)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Lalia Capital, LLC | 665,873 | +665,873 | $4.6M | +$4.6M | — |
| CastleKnight Management LP | 292,456 | +292,456 | $2.0M | +$2.0M | — |
| JANE STREET GROUP, LLC | 133,724 | +133,724 | $929.4K | +$929.4K | — |
| Quadrature Capital Ltd | 48,840 | +48,840 | $339.4K | +$339.4K | — |
| Closed-End Fund Advisors, Inc. | 41,157 | +41,157 | $286.0K | +$286.0K | — |
| XTX Topco Ltd | 29,785 | +29,785 | $207.0K | +$207.0K | — |
| GatePass Capital, LLC | 19,100 | +19,100 | $132.7K | +$132.7K | — |
| Dynamic Technology Lab Private Ltd | 17,955 | +17,955 | $125.0K | +$125.0K | — |
| Trexquant Investment LP | 15,541 | +15,541 | $108.0K | +$108.0K | — |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 12,662 | +12,662 | $88.0K | +$88.0K | — |
| NORDEN GROUP LLC | 11,000 | +11,000 | $76.5K | +$76.5K | — |
| Kestra Advisory Services, LLC | 6,389 | +6,389 | $44.4K | +$44.4K | — |
| BNP PARIBAS ARBITRAGE, SNC | 3,480 | +3,480 | $24.2K | +$24.2K | — |
| SIMPLEX TRADING, LLC | 1,509 | +1,509 | $10.5K | +$10.5K | — |
| GROUP ONE TRADING, L.P. | 1,100 | +1,100 | $7.6K | +$7.6K | — |
| Key Capital Management, INC | 555 | +555 | $3.9K | +$3.9K | — |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 200 | +200 | $1.4K | +$1.4K | — |
| FNY Investment Advisers, LLC | 1,800 | +1,800 | $12 | +$12 | — |
Added To(15)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| CITADEL ADVISORS LLC | 77,698 | +56,280 | $540.0K | +$391.8K | 262.8% |
| TWO SIGMA INVESTMENTS, LP | 257,519 | +26,379 | $1.8M | +$190.3K | 11.4% |
| LPL Financial LLC | 69,644 | +23,047 | $484.0K | +$161.6K | 49.5% |
| Legal & General Group Plc | 162,730 | +22,480 | $1.1M | +$161.3K | 16.0% |
| Ethos Financial Group, LLC | 243,940 | +21,486 | $1.7M | +$156.0K | 9.7% |
| Ronald Blue Trust, Inc. | 95,601 | +20,164 | $664.4K | +$142.4K | 26.7% |
| MORGAN STANLEY | 27,619 | +19,937 | $192.0K | +$138.8K | 259.5% |
| ADVISOR GROUP HOLDINGS, INC. | 18,634 | +5,665 | $129.5K | +$24.3K | 43.7% |
| Snowden Capital Advisors LLC | 26,517 | +1,784 | $190.9K | +$10.2K | 7.2% |
| NewEdge Wealth, LLC | 16,230 | +73 | $112.8K | -$6.0K | 0.5% |
| Powell Investment Advisors, LLC | 12,033 | +973 | $86.6K | +$5.8K | 8.8% |
| Mariner, LLC | 13,659 | +682 | $94.9K | +$5.1K | 5.3% |
| Northstar Advisory Group, LLC | 11,011 | +571 | $76.5K | +$4.3K | 5.5% |
| HRT FINANCIAL LP | 19,922 | +2,815 | $138 | +$20 | 16.4% |
| CWM, LLC | 200 | +191 | $1 | +$1 | 2122.2% |
Reduced(25)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Sound Income Strategies, LLC | 76,922 | -781,054 | $532.3K | -$5.2M | -91.0% |
| Royal Bank of Canada | 13,831 | -81,021 | $96.0K | -$783.0K | -85.4% |
| TWO SIGMA ADVISERS, LP | 206,252 | -109,600 | $1.4M | -$752.2K | -34.7% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 43,037 | -61,019 | $299.1K | -$421.0K | -58.6% |
| BASSO CAPITAL MANAGEMENT, L.P. | 80,000 | -35,138 | $556.0K | -$240.8K | -30.5% |
| UBS Group AG | 41,791 | -25,368 | $290.4K | -$174.3K | -37.8% |
| BlackRock, Inc. | 128,008 | -11,133 | $889.7K | -$73.2K | -8.0% |
| Qube Research & Technologies Ltd | 23,952 | -8,079 | $166.5K | -$55.2K | -25.2% |
| Virtus Investment Advisers, Inc. | 57,825 | -7,371 | $401.9K | -$49.3K | -11.3% |
| Advisors Asset Management, Inc. | 63,534 | -5,103 | $441.6K | -$33.4K | -7.4% |
| WELLS FARGO & COMPANY/MN | 255 | -2,724 | $1.8K | -$18.8K | -91.4% |
| GABLES CAPITAL MANAGEMENT INC. | 54,095 | -1,817 | $376.0K | -$10.9K | -3.2% |
| NORTHERN TRUST CORP | 16,908 | -1,075 | $117.5K | -$6.9K | -6.0% |
| RAYMOND JAMES FINANCIAL INC | 20,086 | -704 | $139.6K | -$4.3K | -3.4% |
| BANK OF MONTREAL /CAN/ | 114,842 | 0 | $798.2K | +$3.4K | 0.0% |
| BANK OF AMERICA CORP /DE/ | 185,004 | -500 | $1.3M | +$2.1K | -0.3% |
| DIMENSION CAPITAL MANAGEMENT LLC | 28,337 | 0 | $196.9K | +$850 | 0.0% |
| Farther Finance Advisors, LLC | 1,173 | -62 | $8.2K | -$393 | -5.0% |
| Rockefeller Capital Management L.P. | 1,100 | 0 | $7.6K | +$33 | 0.0% |
| Cambridge Investment Research Advisors, Inc. | 46,782 | -1,079 | $325 | -$6 | -2.3% |
| CIBC Private Wealth Group, LLC | 72 | 0 | $500 | +$2 | 0.0% |
| GREAT WEST LIFE ASSURANCE CO /CAN/ | 24,457 | 0 | $170 | +$1 | 0.0% |
| BI Asset Management Fondsmaeglerselskab A/S | 48,487 | 0 | $337 | +$1 | 0.0% |
| DELTA ASSET MANAGEMENT LLC/TN | 15 | 0 | $104 | $0 | 0.0% |
| LSV ASSET MANAGEMENT | 9,900 | 0 | $69 | $0 | 0.0% |
Sold Out(7)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| MARSHALL WACE, LLP | 0 | -65,850 | $0 | -$455.7K | — |
| Toroso Investments, LLC | 0 | -54,455 | $0 | -$376.8K | — |
| Marex Group plc | 0 | -21,500 | $0 | -$148.8K | — |
| BARD ASSOCIATES INC | 0 | -17,741 | $0 | -$129.3K | — |
| TCG Advisory Services, LLC | 0 | -10,810 | $0 | -$74.8K | — |
| Advisory Services Network, LLC | 0 | -3,728 | $0 | -$25.8K | — |
| COMMONWEALTH EQUITY SERVICES, LLC | 0 | -18,492 | $0 | -$128 | — |
Top Holders by reported value
Ranked by the dollar value reported on the latest Form 13F. Share counts reflect long positions as of 2025-12-31.
| Manager | Shares | $ Value | Δ Shares | QoQ % |
|---|---|---|---|---|
| Lalia Capital, LLC | 665,873 | $4.6M | +665,873 | — |
| CastleKnight Management LP | 292,456 | $2.0M | +292,456 | — |
| TWO SIGMA INVESTMENTS, LP | 257,519 | $1.8M | +26,379 | 11.4% |
| Ethos Financial Group, LLC | 243,940 | $1.7M | +21,486 | 9.7% |
| TWO SIGMA ADVISERS, LP | 206,252 | $1.4M | -109,600 | -34.7% |
| BANK OF AMERICA CORP /DE/ | 185,004 | $1.3M | -500 | -0.3% |
| Legal & General Group Plc | 162,730 | $1.1M | +22,480 | 16.0% |
| JANE STREET GROUP, LLC | 133,724 | $929.4K | +133,724 | — |
| BlackRock, Inc. | 128,008 | $889.7K | -11,133 | -8.0% |
| BANK OF MONTREAL /CAN/ | 114,842 | $798.2K | 0 | 0.0% |
| Ronald Blue Trust, Inc. | 95,601 | $664.4K | +20,164 | 26.7% |
| BASSO CAPITAL MANAGEMENT, L.P. | 80,000 | $556.0K | -35,138 | -30.5% |
| CITADEL ADVISORS LLC | 77,698 | $540.0K | +56,280 | 262.8% |
| Sound Income Strategies, LLC | 76,922 | $532.3K | -781,054 | -91.0% |
| LPL Financial LLC | 69,644 | $484.0K | +23,047 | 49.5% |
| Advisors Asset Management, Inc. | 63,534 | $441.6K | -5,103 | -7.4% |
| Virtus Investment Advisers, Inc. | 57,825 | $401.9K | -7,371 | -11.3% |
| GABLES CAPITAL MANAGEMENT INC. | 54,095 | $376.0K | -1,817 | -3.2% |
| Quadrature Capital Ltd | 48,840 | $339.4K | +48,840 | — |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 43,037 | $299.1K | -61,019 | -58.6% |
New & Closed Positions this quarter
Closed Positions
7 managers exited
Top five by prior-quarter value
- MARSHALL WACE, LLP$455.7K
- Toroso Investments, LLC$376.8K
- Marex Group plc$148.8K
- BARD ASSOCIATES INC$129.3K
- TCG Advisory Services, LLC$74.8K
Methodology
Form 13F is the SEC's quarterly disclosure for institutional investment managers exercising discretion over $100 million or more in qualifying U.S. equity securities. Managers must file within 45 days of each calendar quarter end, which is why holdings shown here reflect a snapshot at the period date — not real-time positioning.
Quarter-over-quarter deltas compare each manager's most recently reported share count for WHFCL against its prior-quarter count. New positions are entries where the prior count was zero; closed positions are entries where the current count is zero. Amendments (13F-HR/A) replace prior filings for the same period.
Source: SEC EDGAR Form 13F (XML information tables). Dollar values are as reported by the manager and may use mid-quarter pricing conventions. CUSIP-to-ticker resolution is best-effort.