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Horizon Technology Finance Corp

HRZN
Exchange
Nasdaq
SEC CIK
0001487428

No open-market purchases or sales by Horizon Technology Finance Corp insiders were filed in the last 90 days; 108 institutions reported holding it in 13F filings for Q2 2026, worth $37.7M in total; no superinvestor holds it.

Other share classesHTFC

13F holders, Q4 2025

Institutional positions in Horizon Technology Finance Corp as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
66
+5 vs. Q3 2025
Shares held
4.00M
+789.5K (+24.6%) vs. Q3 2025
Total value
$25.8M
+$6.56M (+34.1%) vs. Q3 2025
New holders
17
18 more added
Sold out
12
20 more reduced

2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting HRZN on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 66 institutions
Q1 2021: 51 institutionsQ2 2021: 51 institutionsQ3 2021: 47 institutionsQ4 2021: 57 institutionsQ1 2022: 69 institutionsQ2 2022: 64 institutionsQ3 2022: 58 institutionsQ4 2022: 70 institutionsQ1 2023: 52 institutionsQ2 2023: 50 institutionsQ3 2023: 46 institutionsQ4 2023: 55 institutionsQ1 2024: 61 institutionsQ2 2024: 56 institutionsQ3 2024: 67 institutionsQ4 2024: 82 institutionsQ1 2025: 67 institutionsQ2 2025: 61 institutionsQ3 2025: 63 institutionsQ4 2025: 66 institutionsQ1 2026: 55 institutionsQ2 2026: 108 institutions
Value heldQ4 2025: $25.8M
Q1 2021: $25.0MQ2 2021: $32.6MQ3 2021: $30.8MQ4 2021: $37.9MQ1 2022: $32.8MQ2 2022: $36.4MQ3 2022: $26.0MQ4 2022: $31.7MQ1 2023: $17.7MQ2 2023: $19.7MQ3 2023: $20.7MQ4 2023: $21.4MQ1 2024: $23.8MQ2 2024: $26.9MQ3 2024: $26.7MQ4 2024: $30.3MQ1 2025: $30.1MQ2 2025: $18.9MQ3 2025: $19.2MQ4 2025: $25.8MQ1 2026: $13.5MQ2 2026: $37.7M
Institutions holding HRZN and their total value by quarter
QuarterHoldersValue
Q2 2026108$37.7M
Q1 202655$13.5M
Q4 202566$25.8M
Q3 202563$19.2M
Q2 202561$18.9M
Q1 202567$30.1M
Q4 202482$30.3M
Q3 202467$26.7M
Q2 202456$26.9M
Q1 202461$23.8M
Q4 202355$21.4M
Q3 202346$20.7M
Q2 202350$19.7M
Q1 202352$17.7M
Q4 202270$31.7M
Q3 202258$26.0M
Q2 202264$36.4M
Q1 202269$32.8M
Q4 202157$37.9M
Q3 202147$30.8M
Q2 202151$32.6M
Q1 202151$25.0M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Horizon Technology Finance Corp; share changes are against Q3 2025.

Institutions holding HRZN in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Green Alpha Advisors, LLC558,944$3.61M3.30%+58,915+11.8%Added
Two Sigma Investments, LP519,253$3.35M0.00%+519,253New
Eagle Point Credit Management LLC369,796$2.39M2.28%+369,796New
Legal & General Group Plc306,904$1.98M0.00%+59,100+23.8%Added
BlackRock, Inc.287,947$1.86M0.00%−12,627−4.2%Reduced
Marshall Wace, LLP282,289$1.82M0.00%−65,492−18.8%Reduced
Connecticut Wealth Management, LLC212,842$1.37M0.06%+811+0.4%Added
Virtus Investment Advisers, Inc.167,524$1.08M0.29%−43,751−20.7%Reduced
Jane Street Group, LLC82,290$530.8K0.00%+82,290New
Morgan Stanley76,865$495.8K0.00%+3,642+5.0%Added
First Financial Bank - Trust Division65,573$422.9K0.03%+19,848+43.4%Added
Bank of America Corp63,972$412.6K0.00%+62,795+5,335.2%Added
Two Sigma Advisers, LP63,197$407.6K0.00%+32,797+107.9%Added
Quantbot Technologies LP61,614$397.4K0.01%+51,576+513.8%Added
ETF Store, Inc.60,873$392.6K0.40%+3,055+5.3%Added
Quadrature Capital Ltd56,559$364.8K0.00%+56,559New
International Assets Investment Management, LLC53,580$345.6K0.02%−5,555−9.4%Reduced
Great West Life Assurance Co53,304$344.0K0.00%−126−0.2%Reduced
Pathstone Holdings, LLC49,637$322.9K0.00%+26,532+114.8%Added
Captrust Financial Advisors50,035$322.7K0.00%+50,035New
Regal Investment Advisors LLC49,059$316.4K0.02%+49,059New
UBS Group AG39,980$257.9K0.00%−66,984−62.6%Reduced
LPL Financial LLC37,270$240.4K0.00%−28,158−43.0%Reduced
Jackson Thornton Asset Management, LLC34,164$226.2K0.02%−415−1.2%Reduced
AQR Capital Management LLC34,164$220.4K0.00%−737−2.1%Reduced
Advisor Group Holdings, Inc.33,258$214.5K0.00%−8,737−20.8%Reduced
Winton Group Ltd30,516$196.8K0.01%+30,516New
Wells Fargo & Company29,992$193.4K0.00%−2,770−8.5%Reduced
Schonfeld Strategic Advisors LLC29,028$187.2K0.00%+29,028New
Financial Engines Advisors L.L.C.21,604$139.3K0.00%+21,604New
Cetera Investment Advisers21,346$137.7K0.00%−47,490−69.0%Reduced
Oxford Asset Management LLP20,499$132.2K0.05%−13,663−40.0%Reduced
Royal Bank of Canada20,290$131.0K0.00%−57,662−74.0%Reduced
Envestnet Asset Management Inc17,567$113.3K0.00%+284+1.6%Added
Northern Trust Corp17,337$111.8K0.00%−2,445−12.4%Reduced
Raymond James Financial Inc15,066$97.2K0.00%+1,615+12.0%Added
Susquehanna International Group, LLP13,058$84.2K0.00%−4,096−23.9%Reduced
Prime Capital Investment Advisors, LLC12,185$78.6K0.00%00.0%Unchanged
Adell Harriman & Carpenter Inc12,000$77.4K0.00%00.0%Unchanged
HRT Financial LP11,991$77.0K0.00%+11,991New
Millennium Management LLC11,551$74.5K0.00%−168,648−93.6%Reduced
Nations Financial Group Inc,10,450$67.4K0.00%+10,450New
Allworth Financial LP10,205$65.8K0.00%00.0%Unchanged
N.E.W. Advisory Services LLC4,000$25.8K0.00%+2,000+100.0%Added
Garton & Associates Financial Advisors LLC3,055$19.7K0.01%+3,055New
Comerica Bank2,653$17.1K0.00%+1,577+146.6%Added
Simplex Trading, LLC2,260$14.6K0.00%−817−26.6%Reduced
ORG Partners LLC2,120$13.7K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)1,491$9.62K0.00%−4,713−76.0%Reduced
Chung Wu Investment Group, LLC1,100$7.09K0.01%00.0%Unchanged
Caitong International Asset Management Co., Ltd1,085$7.00K0.00%+215+24.7%Added
Flagship Harbor Advisors, LLC821$5.30K0.00%+821New
Pin Oak Investment Advisors Inc800$5.00K0.00%00.0%Unchanged
MAI Capital Management736$4.75K0.00%+225+44.0%Added
Triumph Capital Management300$1.94K0.00%+300New
SageView Advisory Group, LLC300$1.94K0.00%+300New
Aspect Partners, LLC158$1.02K0.00%+8+5.3%Added
Signature Equity Partners, LLC113$7270.00%+113New
Spire Wealth Management100$6450.00%00.0%Unchanged
Innovative Advisory Group, LLC100$6450.00%00.0%Unchanged
Ronald Blue Trust, Inc.80$5160.00%00.0%Unchanged
Sound Income Strategies, LLC50$3330.00%00.0%Unchanged
Citigroup Inc11$710.00%+11New
Danske Bank A/S4$260.00%+1+33.3%Added
EverSource Wealth Advisors, LLC0$20.00%−943−100.0%Reduced
CWM, LLC25$00.00%00.0%Unchanged
Magnetar Financial LLC0$00.00%−71,242−100.0%Sold out
Aquatic Capital Management LLC0$00.00%−64,831−100.0%Sold out
Brevan Howard Capital Management LP0$00.00%−40,197−100.0%Sold out
Virtu Financial LLC0$00.00%−19,493−100.0%Sold out
Citadel Advisors LLC0$00.00%−16,841−100.0%Sold out
Group One Trading, L.P.0$00.00%−16,120−100.0%Sold out
BNP Paribas Arbitrage, SA0$00.00%−4,823−100.0%Sold out
Salem Investment Counselors Inc0$00.00%−700−100.0%Sold out
FMR LLC0$00.00%−238−100.0%Sold out
Jones Financial Companies LLLP0$00.00%−227−100.0%Sold out
Flagship Wealth Advisors, LLC0$00.00%−102−100.0%Sold out
Principal Securities, Inc.0$00.00%−83−100.0%Sold out
Pineridge Advisors LLC––––Not filed
Creekmur Asset Management LLC––––Not filed