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WhiteHorse Finance, Inc.

WHF
Exchange
Nasdaq
SEC CIK
0001552198

No open-market purchases or sales by WhiteHorse Finance, Inc. insiders were filed in the last 90 days; 50 institutions reported holding it in 13F filings for Q2 2026, worth $22.4M in total; no superinvestor holds it.

Other share classesWHFCL

13F holders, Q3 2025

Institutional positions in WhiteHorse Finance, Inc. as of Sep 30, 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
49
+3 vs. Q2 2025
Shares held
3.30M
+81.3K (+2.5%) vs. Q2 2025
Total value
$22.7M
−$5.41M (−19.3%) vs. Q2 2025
New holders
9
19 more added
Sold out
6
13 more reduced

4 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting WHF 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 holdersQ3 2025: 49 institutions
Q1 2021: 51 institutionsQ2 2021: 48 institutionsQ3 2021: 47 institutionsQ4 2021: 48 institutionsQ1 2022: 40 institutionsQ2 2022: 45 institutionsQ3 2022: 48 institutionsQ4 2022: 63 institutionsQ1 2023: 56 institutionsQ2 2023: 52 institutionsQ3 2023: 53 institutionsQ4 2023: 57 institutionsQ1 2024: 55 institutionsQ2 2024: 62 institutionsQ3 2024: 54 institutionsQ4 2024: 61 institutionsQ1 2025: 51 institutionsQ2 2025: 50 institutionsQ3 2025: 49 institutionsQ4 2025: 58 institutionsQ1 2026: 49 institutionsQ2 2026: 50 institutions
Value heldQ3 2025: $22.7M
Q1 2021: $43.8MQ2 2021: $38.4MQ3 2021: $36.3MQ4 2021: $47.6MQ1 2022: $38.0MQ2 2022: $37.2MQ3 2022: $32.0MQ4 2022: $38.4MQ1 2023: $35.1MQ2 2023: $36.8MQ3 2023: $37.1MQ4 2023: $37.5MQ1 2024: $36.9MQ2 2024: $44.5MQ3 2024: $37.5MQ4 2024: $34.2MQ1 2025: $33.1MQ2 2025: $28.5MQ3 2025: $22.7MQ4 2025: $25.3MQ1 2026: $25.1MQ2 2026: $22.4M
Institutions holding WHF and their total value by quarter
QuarterHoldersValue
Q2 202650$22.4M
Q1 202649$25.1M
Q4 202558$25.3M
Q3 202549$22.7M
Q2 202550$28.5M
Q1 202551$33.1M
Q4 202461$34.2M
Q3 202454$37.5M
Q2 202462$44.5M
Q1 202455$36.9M
Q4 202357$37.5M
Q3 202353$37.1M
Q2 202352$36.8M
Q1 202356$35.1M
Q4 202263$38.4M
Q3 202248$32.0M
Q2 202245$37.2M
Q1 202240$38.0M
Q4 202148$47.6M
Q3 202147$36.3M
Q2 202148$38.4M
Q1 202151$43.8M

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding WhiteHorse Finance, Inc.; share changes are against Q2 2025.

Institutions holding WHF in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Sound Income Strategies, LLC857,976$5.73M0.31%−84,090−8.9%Reduced
Two Sigma Advisers, LP315,852$2.19M0.00%+5,000+1.6%Added
Two Sigma Investments, LP231,140$1.60M0.00%+49,893+27.5%Added
Ethos Financial Group, LLC222,454$1.54M0.12%+16,781+8.2%Added
Bank of America Corp185,504$1.28M0.00%+500+0.3%Added
Legal & General Group Plc140,250$970.5K0.00%−16,352−10.4%Reduced
BlackRock, Inc.139,141$962.9K0.00%+33,702+32.0%Added
Basso Capital Management, L.P.115,138$796.8K0.53%−5,000−4.2%Reduced
Bank of Montreal114,842$794.7K0.00%+114,842New
Ronald Blue Trust, Inc.75,437$522.0K0.01%+8,000+11.9%Added
Advisors Asset Management, Inc.68,637$475.0K0.01%−1,221−1.7%Reduced
UBS Group AG67,159$464.7K0.00%+8,337+14.2%Added
Marshall Wace, LLP65,850$455.7K0.00%+23,610+55.9%Added
Virtus Investment Advisers, Inc.65,196$451.2K0.13%+6,940+11.9%Added
Gables Capital Management Inc.55,912$386.9K0.17%−8,170−12.7%Reduced
Toroso Investments, LLC54,455$376.8K0.00%+3,885+7.7%Added
BI Asset Management Fondsmaeglerselskab A/S48,487$336.0K0.00%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.47,861$331.0K0.00%+624+1.3%Added
LPL Financial LLC46,597$322.5K0.00%+24,047+106.6%Added
Qube Research & Technologies Ltd32,031$221.7K0.00%+278+0.9%Added
Dimension Capital Management LLC28,337$196.1K0.03%00.0%Unchanged
Snowden Capital Advisors LLC24,733$180.7K0.00%+3,933+18.9%Added
Great West Life Assurance Co24,457$169.0K0.00%+6,460+35.9%Added
Marex Group plc21,500$148.8K0.00%+21,500New
Citadel Advisors LLC21,418$148.2K0.00%+21,418New
Raymond James Financial Inc20,790$143.9K0.00%−10,687−34.0%Reduced
Bard Associates Inc17,741$129.3K0.03%−6,329−26.3%Reduced
Royal Bank of Canada18,588$129.0K0.00%−20,313−52.2%Reduced
Commonwealth Equity Services, LLC18,492$128.0K0.00%−1,394−7.0%Reduced
Northern Trust Corp17,983$124.4K0.00%−1,960−9.8%Reduced
NewEdge Wealth, LLC16,157$118.8K0.00%+865+5.7%Added
HRT Financial LP17,107$118.0K0.00%+17,107New
Advisor Group Holdings, Inc.12,969$105.2K0.00%+657+5.3%Added
Susquehanna International Group, LLP13,156$91.0K0.00%−3,168−19.4%Reduced
Mariner, LLC12,977$89.8K0.00%+536+4.3%Added
Powell Investment Advisors, LLC11,060$80.8K0.03%00.0%Unchanged
TCG Advisory Services, LLC10,810$74.8K0.00%+10,810New
Northstar Advisory Group, LLC10,440$72.2K0.03%+423+4.2%Added
LSV Asset Management9,900$69.0K0.00%00.0%Unchanged
Morgan Stanley7,682$53.2K0.00%−10,985−58.8%Reduced
Advisory Services Network, LLC3,728$25.8K0.00%+3,728New
Ancora Advisors, LLC3,000$20.8K0.00%00.0%Unchanged
Wells Fargo & Company2,979$20.6K0.00%−1,764−37.2%Reduced
FNY Investment Advisers, LLC1,800$12.0K0.00%+1,800New
Farther Finance Advisors, LLC1,235$8.54K0.00%+1,235New
Rockefeller Capital Management L.P.1,100$7.61K0.00%+1,100New
CIBC Private Wealth Group, LLC72$4980.00%00.0%Unchanged
Delta Asset Management LLC15$1040.00%00.0%Unchanged
CWM, LLC9$00.00%00.0%Unchanged
Squarepoint Ops LLC0$00.00%−60,078−100.0%Sold out
Trexquant Investment LP0$00.00%−47,619−100.0%Sold out
Oxford Asset Management LLP0$00.00%−12,058−100.0%Sold out
Norden Group LLC0$00.00%−11,000−100.0%Sold out
Northwestern Mutual Wealth Management Co0$00.00%−3,398−100.0%Sold out
Newbridge Financial Services Group, Inc.0$00.00%−1,100−100.0%Sold out
Avantax Advisory Services, Inc.––––Not filed
Atria Wealth Solutions, Inc.––––Not filed
Iron Horse Wealth Management, LLC––––Not filed
First Horizon Advisors, Inc.––––Not filed