HRZN · Horizon Technology Finance Corp · Holdings
Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.
Institutional Ownership Trend
Holder Concentration
Across 110 13F filersWho Holds HRZN
Last 8 quarters through Sep 30, 2026 (filing window open)Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.
Jun 30, 2026, the newest closed quarter: 107 filers, like-for-like change +148.0%; actively managed books +138.7%; index-like books +192.1%.
| Holder type | Share | Filers | Change |
|---|---|---|---|
| Registered adviser | 48.1% | 55 | +117.9% |
| Exempt adviser | 7.6% | 2 | +203.5% |
| Adviser | 0.0% | 1 | new |
| Bank | 6.3% | 8 | +96.0% |
| Broker-dealer | 1.0% | 2 | +216.1% |
| Non-US | 1.0% | 1 | new |
| Holding company | 16.4% | 4 | +406.9% |
| Unknown | 19.5% | 34 | +117.7% |
| Style | Share | Filers | Change |
|---|---|---|---|
| Index-like | 20.4% | 4 | +192.1% |
| Systematic-like | 2.3% | 5 | -31.3% |
| Concentrated | 12.7% | 21 | +44.7% |
| Diversified active | 64.7% | 77 | +204.1% |
| Not measured | 0.0% | 0 | — |
| Unknown | 0.0% | 0 | — |
| Turnover | Share | Filers | Change |
|---|---|---|---|
| Low turnover | 58.8% | 68 | +142.9% |
| Medium turnover | 18.6% | 16 | +325.4% |
| High turnover | 11.4% | 14 | +61.4% |
| Unknown | 11.3% | 9 | +138.4% |
| Not measured | 0.0% | 0 | — |
| Holding horizon | Share | Filers | Change |
|---|---|---|---|
| Short horizon | 6.3% | 11 | -2.2% |
| Medium horizon | 9.8% | 16 | +89.0% |
| Long horizon | 65.3% | 73 | +165.6% |
| Unknown | 18.5% | 7 | +336.2% |
| Not measured | 0.0% | 0 | — |
| 13F book size | Share | Filers | Change |
|---|---|---|---|
| Under $1B | 26.9% | 24 | +85.0% |
| $1B to $10B | 18.3% | 32 | +179.7% |
| $10B to $100B | 15.4% | 31 | +466.0% |
| $100B or more | 39.3% | 20 | +137.8% |
| Not measured | 0.0% | 0 | — |
| Client base | Share | Filers | Change |
|---|---|---|---|
| Individuals and high net worth | 26.4% | 43 | +119.1% |
| Pooled investment vehicles | 3.7% | 6 | +20.2% |
| Registered funds and BDCs | 11.4% | 2 | +532.8% |
| Pension and profit sharing plans | 0.3% | 1 | new |
| Corporations | 0.5% | 1 | new |
| Other investment advisers | 0.0% | 0 | -100.0% |
| Diversified | 5.7% | 2 | +14.6% |
| Governments and sovereign funds | 0.0% | 0 | — |
| Unknown | 51.9% | 52 | +184.7% |
| Private funds | Share | Filers | Change |
|---|---|---|---|
| Hedge funds | 16.2% | 10 | +52.6% |
| Private equity funds | 4.6% | 4 | +32951.2% |
| Venture capital funds | 0.3% | 1 | new |
| Real estate funds | 1.8% | 2 | +17994.0% |
| Other private funds | 4.5% | 7 | new |
| No private funds | 28.4% | 33 | +103.5% |
| Private funds, type not stated | 0.0% | 0 | — |
| Unknown | 44.3% | 50 | +181.6% |
| Location | Share | Filers | Change |
|---|---|---|---|
| United States | 82.4% | 94 | +166.7% |
| Outside the US | 17.6% | 13 | +86.8% |
The Sep 30, 2026 filing window is still open, so its bar carries the Jun 30, 2026 positions of filers that have not filed yet.
How the mix is measured
Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.
Excluded 2 holders with no observed 2026-03-31 13F and 1 holder with no observed 2026-06-30 13F.
Conviction and Crowding
107 13F filers, quarter ended Jun 30, 2026Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.
Managers in the top fifth by current three-year FundScore alpha were net buyers of $0 (0 buying, 0 selling).
Estimated Holder Cost Basis
Quarter ended Jun 30, 2026, on that quarter's share basisEstimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.
Estimated cost covers 64.7% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.
Shared Holders
Companies HRZN's active holders also own, quarter ended Jun 30, 2026| # | Company | Shared holders |
|---|---|---|
| 1 | BCIC BCP Investment Corp | 3 |
| 2 | OTF Blue Owl Technology Finance Corp. | 3 |
| 3 | VRTX Vertex Pharmaceuticals Inc | 3 |
| 4 | APH Amphenol Corp | 3 |
| 5 | TMO Thermo Fisher Scientific Inc. | 3 |
| 6 | AVGO Broadcom Inc. | 5 |
| 7 | IBM International Business Machines Corp | 4 |
| 8 | PLTR Palantir Technologies Inc. | 3 |
| 9 | NVDA Nvidia Corp | 5 |
| 10 | CSCO Cisco Systems, Inc. | 4 |
Shareholder Targets
13F filers that own its peers but not HRZN, quarter ended Jun 30, 2026Found through its holder-overlap peers: BCIC, OTF, VRTX, APH, TMO, AVGO, IBM, PLTR, NVDA, CSCO, NEE, AMGN, GS, BRK-B, GEV, AMAT, KO, AMZN, AAPL, MSFT. 7,139 filers in all.
| # | Filer | In peers | Largest peers |
|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC Registered adviser, Index-like | $1,313,899,037,297 18 held | NVDA, AAPL, MSFT |
| 2 | STATE STREET CORP Bank, Index-like | $876,493,168,319 18 held | NVDA, AAPL, MSFT |
| 3 | FMR LLC Holding company, Diversified active | $602,788,893,020 18 held | NVDA, AAPL, AMZN |
| 4 | GEODE CAPITAL MANAGEMENT, LLC Registered adviser, Index-like | $506,477,255,892 18 held | NVDA, AAPL, MSFT |
| 5 | VANGUARD PORTFOLIO MANAGEMENT LLC Registered adviser, Diversified active | $438,700,425,024 18 held | NVDA, AAPL, MSFT |
| 6 | Invesco Ltd. Adviser, Diversified active | $287,340,523,084 19 held | NVDA, AAPL, MSFT |
| 7 | NORGES BANK Non-US, Index-like | $273,059,991,661 18 held | NVDA, AAPL, MSFT |
| 8 | PRICE T ROWE ASSOCIATES INC /MD/ Registered adviser, Diversified active | $251,637,268,831 19 held | NVDA, AAPL, MSFT |
| 9 | Capital Research Global Investors Adviser, Diversified active | $212,477,776,115 17 held | AVGO, NVDA, MSFT |
| 10 | NORTHERN TRUST CORP Bank, Index-like | $209,935,006,968 18 held | NVDA, AAPL, MSFT |
Fund Ownership of HRZN by Fund Type
Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026Index funds and index ETFs hold 0.27% of shares outstanding.
| Fund type | Of shares outstanding | Shares |
|---|---|---|
| Index funds | 0.01% | 7,992 |
| Index ETFs | 0.26% | 172,198 |
| Active ETFs | 0.00% | 0 |
| Active funds | 1.02% | 684,051 |
| Unclassified | 0.00% | 0 |
| All registered funds | 1.29% | 864,241 |
How fund types are measured
Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.
| Holder | Value (USD) | % of 13F | Shares | Type | Filed | Open |
|---|---|---|---|---|---|---|
| Mega MORGAN STANLEY Holding company | $4,992,944 | 13.22% | 1,055,591 | Shares | 2026-08-13 | |
| Small Bulldog Investors, LLP Registered adviser | $3,115,258 | 8.25% | 658,617 | Shares | 2026-08-14 | |
| Mega MARSHALL WACE, LLP Exempt adviser | $2,801,328 | 7.42% | 592,247 | Shares | 2026-08-13 | |
| Mid Caprock Group, LLC | $2,149,510 | 5.69% | 454,442 | Shares | 2026-07-27 | |
| Mega Legal & General Group Plc | $1,826,778 | 4.84% | 386,211 | Shares | 2026-08-14 | |
| Small Green Alpha Advisors, LLC Registered adviser | $1,775,324 | 4.70% | 386,781 | Shares | 2026-10-08 | |
| Micro Eagle Point Credit Management LLC Registered adviser | $1,732,097 | 4.59% | 366,194 | Shares | 2026-08-11 | |
| Small Virtus Investment Advisers, LLC Registered adviser | $1,194,112 | 3.16% | 252,455 | Shares | 2026-08-11 | |
| Large BLAIR WILLIAM & CO/IL Registered adviser | $1,130,815 | 2.99% | 239,073 | Shares | 2026-08-11 | |
| Mega BANK OF AMERICA CORP /DE/ Bank | $1,067,712 | 2.83% | 225,732 | Shares | 2026-08-14 | |
| Mid Connecticut Wealth Management, LLC Registered adviser | $989,232 | 2.62% | 215,519 | Shares | 2026-10-13 | |
| Mega UBS Group AG Bank | $924,553 | 2.45% | 195,466 | Shares | 2026-08-13 | |
| Mega BlackRock, Inc. Holding company | $855,665 | 2.27% | 180,902 | Shares | 2026-08-07 | |
| Large Arax Advisory Partners Registered adviser | $597,422 | 1.58% | 126,305 | Shares | 2026-08-10 | |
| Mid Apollon Wealth Management, LLC Registered adviser | $596,907 | 1.58% | 126,196 | Shares | 2026-07-23 | |
| Small LaFleur & Godfrey LLC Registered adviser | $541,707 | 1.43% | 114,526 | Shares | 2026-07-15 | |
| Small CAZ INVESTMENTS LP Registered adviser | $513,819 | 1.36% | 108,630 | Shares | 2026-10-09 | |
| Mid UMB Bank, n.a. | $508,333 | 1.35% | 107,470 | Shares | 2026-08-13 | |
| Large Focus Partners Wealth Registered adviser | $475,804 | 1.26% | 100,593 | Shares | 2026-08-12 | |
| Mega AQR CAPITAL MANAGEMENT LLC Registered adviser | $432,170 | 1.14% | 91,368 | Shares | 2026-08-14 | |
| Mid JACKSON THORNTON WEALTH MANAGEMENT, LLC Registered adviser | $428,580 | 1.13% | 90,609 | Shares | 2026-08-06 | |
| Large Corient Private Wealth LLC Registered adviser | $422,389 | 1.12% | 89,300 | Shares | 2026-08-27 | |
| Mega LPL Financial LLC Broker-dealer | $387,585 | 1.03% | 81,942 | Shares | 2026-08-07 | |
| Large COMMONWEALTH EQUITY SERVICES, LLC Registered adviser | $384,378 | 1.02% | 81,264 | Shares | 2026-07-29 | |
| Large Fiera Capital Corp Non-US | $373,575 | 0.99% | 78,980 | Shares | 2026-08-07 | |
| Mega TWO SIGMA INVESTMENTS, LP Registered adviser | $319,222 | 0.85% | 67,489 | Shares | 2026-08-14 | |
| Mid FIRST FINANCIAL BANK - TRUST DIVISION | $300,980 | 0.80% | 65,573 | Shares | 2026-10-01 | |
| Mega MILLENNIUM MANAGEMENT LLC Registered adviser | $286,988 | 0.76% | 60,674 | Shares | 2026-08-14 | |
| Large CANADA LIFE ASSURANCE Co | $283,520 | 0.75% | 59,941 | Shares | 2026-08-13 | |
| Large Pathstone Holdings, LLC | $258,754 | 0.69% | 54,705 | Shares | 2026-08-13 | |
| Large OSAIC HOLDINGS, INC. Holding company | $239,460 | 0.63% | 50,626 | Shares | 2026-08-14 | |
| Mid INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | $232,909 | 0.62% | 49,241 | Shares | 2026-07-22 | |
| Mega ROYAL BANK OF CANADA Bank | $223,454 | 0.59% | 47,242 | Shares | 2026-08-14 | |
| Mid Regal Investment Advisors LLC Registered adviser | $206,005 | 0.55% | 43,553 | Shares | 2026-08-14 | |
| Small Permanent Capital Management, LP Registered adviser | $199,440 | 0.53% | 42,165 | Shares | 2026-08-12 | |
| Large IMC-Chicago, LLC | $189,550 | 0.50% | 40,074 | Shares | 2026-08-06 | |
| Mega RAYMOND JAMES FINANCIAL INC | $180,907 | 0.48% | 38,247 | Shares | 2026-08-14 | |
| Mid Quantbot Technologies LP Registered adviser | $171,817 | 0.46% | 36,325 | Shares | 2026-08-12 | |
| Large Cerity Partners LLC Registered adviser | $159,570 | 0.42% | 33,736 | Shares | 2026-08-14 | |
| Mid Ethos Financial Group, LLC | $156,563 | 0.41% | 33,100 | Shares | 2026-08-07 | |
| Large Baird Financial Group, Inc. | $147,954 | 0.39% | 31,280 | Shares | 2026-08-12 | |
| Mid Freestone Capital Holdings, LLC Registered adviser | $141,034 | 0.37% | 29,817 | Shares | 2026-07-31 | |
| Small MAGNOLIA CAPITAL ADVISORS LLC Registered adviser | $136,455 | 0.36% | 28,849 | Shares | 2026-08-14 | |
| Mega WELLS FARGO & COMPANY/MN Bank | $130,944 | 0.35% | 27,684 | Shares | 2026-08-14 | |
| Mid Koshinski Asset Management, Inc. Registered adviser | $129,029 | 0.34% | 27,279 | Shares | 2026-07-27 | |
| Large CAPTRUST FINANCIAL ADVISORS Registered adviser | $124,853 | 0.33% | 26,396 | Shares | 2026-08-13 | |
| Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP | $118,600 | 0.31% | 25,074 | Shares | 2026-08-14 | |
| Mid Forum Financial Management, LP Registered adviser | $113,648 | 0.30% | 24,760 | Shares | 2026-10-16 | |
| Small Stonebridge Financial Group, LLC/CA | $111,438 | 0.30% | 23,560 | Shares | 2026-08-13 | |
| Large Private Advisor Group, LLC Registered adviser | $109,769 | 0.29% | 23,207 | Shares | 2026-07-27 | |
| Mega CITADEL ADVISORS LLC Registered adviser | $107,844 | 0.29% | 22,800 | Call | 2026-09-02 | |
| Large NewEdge Advisors, LLC Registered adviser | $101,283 | 0.27% | 21,413 | Shares | 2026-08-12 | |
| Mid ROTHSCHILD INVESTMENT LLC Registered adviser | $99,268 | 0.26% | 20,987 | Shares | 2026-08-06 | |
| Mid Fiduciary Group, LLC Registered adviser | $97,835 | 0.26% | 20,684 | Shares | 2026-08-10 | |
| Large HRT FINANCIAL LP | $93,512 | 0.25% | 19,770 | Shares | 2026-08-14 | |
| Large Squarepoint Ops LLC Registered adviser | $93,384 | 0.25% | 19,743 | Shares | 2026-08-14 | |
| Large D.A. DAVIDSON & CO. | $90,451 | 0.24% | 19,123 | Shares | 2026-07-24 | |
| Large Equitable Holdings, Inc. Holding company | $89,661 | 0.24% | 18,956 | Shares | 2026-08-17 | |
| Mega CITADEL ADVISORS LLC Registered adviser | $89,141 | 0.24% | 18,846 | Put | 2026-09-02 | |
| Mega Cetera Investment Advisers Registered adviser | $87,907 | 0.23% | 18,585 | Shares | 2026-08-12 | |
| Large Rockefeller Capital Management L.P. Registered adviser | $86,913 | 0.23% | 18,375 | Shares | 2026-08-13 | |
| Mega JANE STREET GROUP, LLC | $79,464 | 0.21% | 16,800 | Call | 2026-08-14 | |
| Small Leading Edge Financial Planning LLC Registered adviser | $79,142 | 0.21% | 16,732 | Shares | 2026-08-06 | |
| Small LifeWealth Investments, LLC Registered adviser | $77,607 | 0.21% | 16,908 | Shares | 2026-10-21 | |
| Mega JANE STREET GROUP, LLC | $76,346 | 0.20% | 16,141 | Shares | 2026-08-14 | |
| Small Southeast Asset Advisors, LLC | $71,153 | 0.19% | 15,043 | Shares | 2026-08-14 | |
| Small Centennial Bank/AR/ | $70,950 | 0.19% | 15,000 | Shares | 2026-08-10 | |
| Large Mariner, LLC Registered adviser | $69,814 | 0.18% | 14,760 | Shares | 2026-08-13 | |
| Mid XTX Topco Ltd | $67,572 | 0.18% | 14,286 | Shares | 2026-08-14 | |
| Large Cresset Asset Management, LLC Registered adviser | $67,568 | 0.18% | 14,285 | Shares | 2026-08-14 | |
| Mid Atria Investments, Inc Registered adviser | $67,188 | 0.18% | 14,638 | Shares | 2026-10-15 | |
| Mid CREATIVE FINANCIAL DESIGNS INC /ADV Registered adviser | $63,277 | 0.17% | 13,378 | Shares | 2026-07-28 | |
| Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP | $61,490 | 0.16% | 13,000 | Put | 2026-08-14 | |
| Mega HighTower Advisors, LLC Registered adviser | $61,040 | 0.16% | 12,905 | Shares | 2026-08-05 | |
| Small OXFORD ASSET MANAGEMENT LLP Exempt adviser | $58,912 | 0.16% | 12,455 | Shares | 2026-08-14 | |
| Mid Trek Financial, LLC Registered adviser | $58,912 | 0.16% | 12,455 | Shares | 2026-08-13 | |
| Mid OPPENHEIMER & CO INC | $57,767 | 0.15% | 12,213 | Shares | 2026-08-03 | |
| Mid NATIONS FINANCIAL GROUP INC, /IA/ /ADV | $57,469 | 0.15% | 12,150 | Shares | 2026-07-23 | |
| Mid ADELL HARRIMAN & CARPENTER INC Registered adviser | $56,760 | 0.15% | 12,000 | Shares | 2026-08-04 | |
| Mid Ausdal Financial Partners, Inc. Registered adviser | $54,456 | 0.14% | 11,513 | Shares | 2026-08-14 | |
| Mega JANE STREET GROUP, LLC | $54,395 | 0.14% | 11,500 | Put | 2026-08-14 | |
| Large Wealthspire Advisors, LLC Registered adviser | $52,928 | 0.14% | 11,190 | Shares | 2026-08-11 | |
| Small Garden State Investment Advisory Services LLC Registered adviser | $52,706 | 0.14% | 11,143 | Shares | 2026-08-11 | |
| Mid SIMPLEX TRADING, LLC | $52,427 | 0.14% | 11,084 | Shares | 2026-08-12 | |
| Large Cambridge Investment Research Advisors, Inc. | $50,426 | 0.13% | 10,661 | Shares | 2026-07-30 | |
| Micro Closed-End Fund Advisors, Inc. | $49,343 | 0.13% | 10,432 | Shares | 2026-07-27 | |
| Large DAVENPORT & Co LLC Registered adviser | $48,764 | 0.13% | 10,624 | Shares | 2026-10-14 | |
| Mid STEPHENS INC /AR/ Registered adviser | $48,255 | 0.13% | 10,202 | Shares | 2026-07-29 | |
| Large BI Asset Management Fondsmaeglerselskab A/S | $47,579 | 0.13% | 10,059 | Shares | 2026-08-10 | |
| Small Nova Wealth Management, Inc. Registered adviser | $17,605 | 0.05% | 3,722 | Shares | 2026-07-13 | |
| Small HIGHLINE WEALTH PARTNERS LLC Registered adviser | $15,101 | 0.04% | 3,290 | Shares | 2026-10-19 | |
| Large FIFTH THIRD BANCORP Bank | $12,780 | 0.03% | 2,702 | Shares | 2026-08-05 | |
| Mega JPMORGAN CHASE & CO Bank | $12,468 | 0.03% | 2,636 | Shares | 2026-08-12 | |
| Mid N.E.W. Advisory Services LLC | $9,767 | 0.03% | 2,065 | Shares | 2026-08-06 | |
| Mega JONES FINANCIAL COMPANIES LLLP | $8,655 | 0.02% | 1,830 | Shares | 2026-08-14 | |
| Mega NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | $7,383 | 0.02% | 1,561 | Shares | 2026-08-12 | |
| Large NOMURA ASSET MANAGEMENT CO LTD Registered adviser | $6,773 | 0.02% | 1,432 | Shares | 2026-08-13 | |
| Large Allworth Financial LP | $5,363 | 0.01% | 1,134 | Shares | 2026-08-11 | |
| Small Chung Wu Investment Group, LLC Registered adviser | $5,203 | 0.01% | 1,100 | Shares | 2026-07-31 | |
| Mid GROUP ONE TRADING LLC Broker-dealer | $3,940 | 0.01% | 833 | Shares | 2026-08-14 |
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