Vault-13

HORIZON TECHNOLOGY FIN CORP HRZN

COM · Common Stock · CUSIP 44045A102

108 institutional holders +53 vs Q1 2026
8,077,6248.1m shares reported held*
12.1% of all shares outstanding*
$38.2mreported value*
63 new 27 added 8 reduced 12 sold out net bought ≈ $22.5m (+4.7m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 67.0m as of 2026-08-04, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $4.73. Options: 4 managers hold calls ($196.3k notional), 6 hold puts ($449.1k).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 59Q4 22: 70Q1 23: 53Q2 23: 51Q3 23: 47Q4 23: 57Q1 24: 62Q2 24: 57Q3 24: 68Q4 24: 82Q1 25: 67Q2 25: 61Q3 25: 62Q4 25: 65Q1 26: 55Q2 26: 108108Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202259
Q4 202270
Q1 202353
Q2 202351
Q3 202347
Q4 202357
Q1 202462
Q2 202457
Q3 202468
Q4 202482
Q1 202567
Q2 202561
Q3 202562
Q4 202565
Q1 202655
Q2 2026108

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 24: 36 bought or addedQ3 24: 26 cut or sold outQ4 24: 45 bought or addedQ4 24: 30 cut or sold outQ4 24Q1 25: 32 bought or addedQ1 25: 43 cut or sold outQ2 25: 34 bought or addedQ2 25: 32 cut or sold outQ2 25Q3 25: 26 bought or addedQ3 25: 31 cut or sold outQ4 25: 32 bought or addedQ4 25: 32 cut or sold outQ4 25Q1 26: 26 bought or addedQ1 26: 40 cut or sold outQ2 26: 90 bought or addedQ2 26: 20 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20243626
Q4 20244530
Q1 20253243
Q2 20253432
Q3 20252631
Q4 20253232
Q1 20262640
Q2 20269020

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200k$400k$600k$800kQ3 25 calls: $459.1kQ3 25 puts: $723.6kQ3 25P/C 1.58Q4 25 calls: $229.0kQ4 25 puts: $621.8kQ4 25P/C 2.72Q1 26 calls: $238.3kQ1 26 puts: $363.7kQ1 26P/C 1.53Q2 26 calls: $196.3kQ2 26 puts: $449.1kQ2 26P/C 2.29
Numbers
QuarterCallsPutsP/C
Q3 2025$459.1k$723.6k1.58
Q4 2025$229.0k$621.8k2.72
Q1 2026$238.3k$363.7k1.53
Q2 2026$196.3k$449.1k2.29

Biggest buyers

MORGAN STANLEY Added +1,008,154+1.0m
Bulldog Investors, LLP New +658,617+658.6k
Caprock Group, LLC New +454,442+454.4k
MARSHALL WACE, LLP Added +420,469+420.5k
BLAIR WILLIAM & CO/IL New +239,073+239.1k
CAZ INVESTMENTS LP New +217,260+217.3k
BANK OF AMERICA CORP /DE/ Added +164,779+164.8k
Arax Advisory Partners New +126,305+126.3k
Apollon Wealth Management, LLC New +126,196+126.2k
LaFleur & Godfrey LLC New +114,526+114.5k

Biggest sellers

Green Alpha Advisors, LLC Reduced -160,228-160.2k
TWO SIGMA INVESTMENTS, LP Reduced -82,690-82.7k
IMC-Chicago, LLC Reduced -21,721-21.7k
Virtu Financial LLC Sold out -17,055-17.1k
ENVESTNET ASSET MANAGEMENT INC Sold out -16,683-16.7k
TWO SIGMA SECURITIES, LLC Sold out -16,508-16.5k
MILLENNIUM MANAGEMENT LLC Reduced -15,294-15.3k
OXFORD ASSET MANAGEMENT LLP Reduced -15,010-15.0k
Tower Research Capital LLC (TRC) Sold out -13,535-13.5k
Patriot Financial Group Insurance Agency, LLC Sold out -12,452-12.5k

Biggest calls

CITADEL ADVISORS LLC Reduced $107.8k22.8k shares
JANE STREET GROUP, LLC Reduced $79.5k16.8k shares
SIMPLEX TRADING, LLC Reduced $5.2k1.1k shares
GROUP ONE TRADING LLC Reduced $3.8k800 shares

Biggest puts

IMC-Chicago, LLC Reduced $191.1k40.4k shares
CITADEL ADVISORS LLC Added $89.1k18.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $61.5k13.0k shares
JANE STREET GROUP, LLC New $54.4k11.5k shares
SIMPLEX TRADING, LLC Reduced $33.1k7.0k shares
GROUP ONE TRADING LLC Added $19.9k4.2k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
10010Q4 24: 3 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 6 buyingQ2 26: 0 sellingQ3 26: 0 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20243$333.2k0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——
Q1 20260—0——
Q2 20266$629.7k0——
Q3 20260—0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-06-10 Trolio Daniel R. Executive VP and CFO Bought 11,500 $4.34 $49.9k11.5k shares +326%
2026-06-09 Balkin Michael Chief Executive Officer, director Bought 100,000 $4.34 $434.0k100.0k shares +81%
2026-06-09 Seitz Paul G Chief Investment Officer Bought 11,477 $4.35 $49.9k11.5k shares +1500%
2026-06-09 O'Connor Kimberley Ann Director Bought 10,000 $4.37 $43.7k10.0k shares new
2026-06-09 ALLISON THOMAS J. Director Bought 6,000 $4.36 $26.2k6.0k shares +12%
2026-06-09 Goodman Jonathan Joseph Director · As Trustee for Jonathan J. Goodman Revocable Trust Bought 6,000 $4.33 $26.0k6.0k shares +260%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,055,5911.1m $5.0m $5.0m 0.00% Added +1.0m +1,008,154
2 Bulldog Investors, LLP 0.69% of their portfolio SADDLE BROOK, NJ 658,617658.6k $3.1m $3.1m 0.69% New
3 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 592,247592.2k $2.8m $2.8m 0.00% Added +420.5k +420,469
4 Caprock Group, LLC 0.04% of their portfolio BOISE, ID 454,442454.4k $2.2m $2.2m 0.04% New
5 Green Alpha Advisors, LLC 1.36% of their portfolio NIWOT, CO 429,913429.9k $2.0m $2.0m 1.36% Reduced -160.2k -160,228
6 Legal & General Group Plc 0.00% of their portfolio London, X0 386,211386.2k $1.8m $1.8m 0.00% Added +57.6k +57,556
7 Eagle Point Credit Management LLC 2.62% of their portfolio GREENWICH, CT 366,194366.2k $1.7m $1.7m 2.62% Unchanged
8 Virtus Investment Advisers, LLC 0.28% of their portfolio HARTFORD, CT 252,455252.5k $1.2m $1.2m 0.28% Added +108.5k +108,487
9 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 239,073239.1k $1.1m $1.1m 0.00% New
10 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 225,732225.7k $1.1m $1.1m 0.00% Added +164.8k +164,779
11 CAZ INVESTMENTS LP 0.34% of their portfolio HOUSTON, TX 217,260217.3k $1.0m $1.0m 0.34% New
12 Connecticut Wealth Management, LLC 0.04% of their portfolio FARMINGTON, CT 214,509214.5k $1.0m $1.0m 0.04% Added +698 +698
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 195,466195.5k $924.6k $924.6k 0.00% Added +51.3k +51,330
14 BlackRock, Inc. 0.00% of their portfolio New York, NY 180,902180.9k $855.7k $855.7k 0.00% Added +1.4k +1,415
15 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 126,305126.3k $597.4k $597.4k 0.00% New
16 Apollon Wealth Management, LLC 0.01% of their portfolio MOUNT PLEASANT, SC 126,196126.2k $596.9k $596.9k 0.01% New
17 LaFleur & Godfrey LLC 0.06% of their portfolio GRAND RAPIDS, MI 114,526114.5k $541.7k $541.7k 0.06% New
18 UMB Bank, n.a. 0.01% of their portfolio Kansas City, MO 107,470107.5k $508.3k $508.3k 0.01% Not comparable
19 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 100,593100.6k $482.8k $482.8k 0.00% New
20 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 91,36891.4k $432.2k $432.2k 0.00% Added +58.4k +58,350
21 JACKSON THORNTON WEALTH MANAGEMENT, LLC 0.03% of their portfolio MONTGOMERY, AL 90,60990.6k $428.6k $428.6k 0.03% Added +57.6k +57,591
22 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 89,30089.3k $422.4k $422.4k 0.00% New
23 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 81,94281.9k $387.6k $387.6k 0.00% Added +55.8k +55,755
24 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 81,26481.3k $384.4k $384.4k 0.00% New
25 Fiera Capital Corp 0.00% of their portfolio MONTREAL, A8 78,98079.0k $373.6k $373.6k 0.00% New
26 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 67,48967.5k $319.2k $319.2k 0.00% Reduced -82.7k -82,690
27 FIRST FINANCIAL BANK - TRUST DIVISION 0.02% of their portfolio HAMILTON, OH 65,57365.6k $310.2k $310.2k 0.02% Unchanged
28 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 60,67460.7k $287.0k $287.0k 0.00% Reduced -15.3k -15,294
29 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 59,94159.9k $282.0k $282.0k 0.00% Added +3.5k +3,456
30 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 54,70554.7k $263.3k $263.3k 0.00% Added +2.9k +2,908
31 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 50,62650.6k $239.5k $239.5k 0.00% Added +19.9k +19,913
32 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio ORLANDO, FL 49,24149.2k $232.9k $232.9k 0.01% Added +5.0k +4,957
33 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 47,24247.2k $223.0k $223.0k 0.00% Added +26.8k +26,831
34 Regal Investment Advisors LLC 0.01% of their portfolio KENTWOOD, MI 43,55343.6k $206.0k $206.0k 0.01% Unchanged
35 Permanent Capital Management, LP 0.03% of their portfolio CHICAGO, IL 42,16542.2k $203.2k $203.2k 0.03% New
36 IMC-Chicago, LLC 0.00% of their portfolio CHICAGO, IL 40,07440.1k $189.6k $189.6k 0.00% Reduced -21.7k -21,721
37 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 38,24738.2k $180.9k $180.9k 0.00% Added +24.5k +24,514
38 Quantbot Technologies LP 0.01% of their portfolio NEW YORK, NY 36,32536.3k $171.8k $171.8k 0.01% Added +17.6k +17,552
39 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 33,73633.7k $159.6k $159.6k 0.00% New
40 Ethos Financial Group, LLC 0.01% of their portfolio KING OF PRUSSIA, PA 33,10033.1k $156.6k $156.6k 0.01% New
41 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 31,28031.3k $148.0k $148.0k 0.00% New
42 Freestone Capital Holdings, LLC 0.00% of their portfolio Seattle, WA 29,81729.8k $141.0k $141.0k 0.00% New
43 MAGNOLIA CAPITAL ADVISORS LLC 0.02% of their portfolio RIDGELAND, MS 28,84928.8k $136.5k $136.5k 0.02% New
44 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 27,68427.7k $130.9k $130.9k 0.00% Unchanged
45 Koshinski Asset Management, Inc. 0.01% of their portfolio DECATUR, IL 27,27927.3k $129.0k $129.0k 0.01% New
46 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 26,39626.4k $124.9k $124.9k 0.00% New
47 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 25,07425.1k $118.6k $118.6k 0.00% New
48 Forum Financial Management, LP 0.00% of their portfolio LOMBARD, IL 24,76024.8k $117.1k $117.1k 0.00% New
49 Stonebridge Financial Group, LLC/CA 0.02% of their portfolio SAN RAFAEL, CA 23,56023.6k $111.0k $111.0k 0.02% First filing
50 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 23,20723.2k $109.8k $109.8k 0.00% New
51 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 21,41321.4k $101.3k $101.3k 0.00% New
52 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 21,32221.3k $100.0k $100.0k 0.00% New
53 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 20,98721.0k $99.3k $99.3k 0.00% New
54 Fiduciary Group, LLC 0.01% of their portfolio SAVANNAH, GA 20,68420.7k $97.8k $97.8k 0.01% New
55 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 19,77019.8k $93.0k $93.0k 0.00% New
56 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 19,74319.7k $93.4k $93.4k 0.00% New
57 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 19,12319.1k $90.5k $90.5k 0.00% New
58 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 18,95619.0k $89.7k $89.7k 0.00% New
59 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 18,58518.6k $87.9k $87.9k 0.00% Reduced -1.3k -1,285
60 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 18,37518.4k $86.9k $86.9k 0.00% New
61 LifeWealth Investments, LLC 0.02% of their portfolio WINTER GARDEN, FL 16,90816.9k $80.0k $80.0k 0.02% New
62 Leading Edge Financial Planning LLC 0.01% of their portfolio KNOXVILLE, TN 16,73216.7k $79.1k $79.1k 0.01% New
63 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 16,14116.1k $76.3k $76.3k 0.00% New
64 Southeast Asset Advisors, LLC 0.01% of their portfolio THOMASVILLE, GA 15,04315.0k $71.2k $71.2k 0.01% New
65 Centennial Bank/AR/ 0.02% of their portfolio CONWAY, AR 15,00015.0k $71.0k $71.0k 0.02% New
66 Mariner, LLC 0.00% of their portfolio Overland Park, KS 14,76014.8k $69.8k $69.8k 0.00% New
67 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 14,28614.3k $67.6k $67.6k 0.00% New
68 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 14,28514.3k $68.9k $68.9k 0.00% New
69 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 13,37813.4k $63.3k $63.3k 0.00% Added +3.4k +3,378
70 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 12,90512.9k $61.0k $61.0k 0.00% New
71 CHAPIN DAVIS, INC. 0.01% of their portfolio BALTIMORE, MD 12,69112.7k $60.0k $60.0k 0.01% New
72 OXFORD ASSET MANAGEMENT LLP 0.03% of their portfolio OXFORD, X0 12,45512.5k $58.9k $58.9k 0.03% Reduced -15.0k -15,010
73 Trek Financial, LLC 0.00% of their portfolio Scottsdale, AZ 12,45512.5k $58.9k $58.9k 0.00% New
74 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 12,21312.2k $57.8k $57.8k 0.00% New
75 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.00% of their portfolio CEDAR RAPIDS, IA 12,15012.2k $57.5k $57.5k 0.00% Added +700 +700
76 ADELL HARRIMAN & CARPENTER INC 0.00% of their portfolio HOUSTON, TX 12,00012.0k $56.8k $56.8k 0.00% Unchanged
77 Ausdal Financial Partners, Inc. 0.00% of their portfolio Davenport, IA 11,51311.5k $54.5k $54.5k 0.00% New
78 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 11,19011.2k $52.9k $52.9k 0.00% New
79 Garden State Investment Advisory Services LLC 0.01% of their portfolio Red Bank, NJ 11,14311.1k $52.7k $52.7k 0.01% New
80 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 11,08411.1k $52.4k $52.4k 0.00% Added +4.2k +4,153
81 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 10,62410.6k $50.3k $50.3k 0.00% New
82 Closed-End Fund Advisors, Inc. 0.05% of their portfolio RICHMOND, VA 10,43210.4k $49.3k $49.3k 0.05% New
83 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 10,20210.2k $48.3k $48.3k 0.00% New
84 BI Asset Management Fondsmaeglerselskab A/S 0.00% of their portfolio KOBENHAVN, G7 10,05910.1k $48.0k $48.0k 0.00% New
85 HIGHLINE WEALTH PARTNERS LLC 0.00% of their portfolio SHERMAN OAKS, CA 2,7322.7k $12.9k $12.9k 0.00% New
86 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 2,7022.7k $12.8k $12.8k 0.00% Added +3 +3
87 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,6362.6k $12.3k $12.3k 0.00% New
88 N.E.W. Advisory Services LLC 0.00% of their portfolio DE PERE, WI 2,0652.1k $9.8k $9.8k 0.00% Added +13 +13
89 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 1,8301.8k $8.1k $8.1k 0.00% New
90 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,5611.6k $7.4k $7.4k 0.00% New
91 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 1,4321.4k $6.8k $6.8k 0.00% New
92 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1,1341.1k $5.4k $5.4k 0.00% Reduced -5 -5
93 Chung Wu Investment Group, LLC 0.00% of their portfolio SUGAR LAND, TX 1,1001.1k $5.2k $5.2k 0.00% Unchanged
94 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 833833 $3.9k $3.9k 0.00% New
95 PIN OAK INVESTMENT ADVISORS INC 0.00% of their portfolio HOUSTON, TX 800800 $4.0k $4.0k 0.00% Unchanged
96 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 721721 $3.4k $3.4k 0.00% Added +533 +533
97 North Star Investment Management Corp. 0.00% of their portfolio CHICAGO, IL 658658 $3.1k $3.1k 0.00% New
98 KERR FINANCIAL PLANNING Corp 0.00% of their portfolio FRESNO, CA 209209 $985 $985 0.00% Added +6 +6
99 SHP Wealth Management 0.00% of their portfolio PLYMOUTH, MA 200200 $946 $946 0.00% New
100 Aspect Partners, LLC 0.00% of their portfolio FAIRFAX, VA 172172 $812 $812 0.00% Added +5 +5