WhiteHorse Finance
WHF • NASDAQ
WhiteHorse Finance is a asset management company in the financial services sector on NASDAQ, led by Joyson C. Thomas, with a market cap of $171.8M. As of Q3 2025, 14% of shares are held by 46 institutional investors, with Sound Income Strategies, LLC as the largest holder at 3.69%.
Chief Financial OfficerJoyson C. Thomas
Market Cap$171.8M
Asset Management
Financial Services
Employees3.0
Websitewhitehorsefinance.com
Country
United States of America
Overview
Overview of institutional ownership in WHF as of Q3 2025 with a market cap of $160.8M
All Institutions
- Institutions
- 46
- Value Held
- $22.5M
- Shares Held
- 3.3M
- Avg Position
- $489.4K
- Median Position
- $158.7K
Hedge Funds
- Hedge Funds
- 5
- Value Held
- $5.1M
- Shares Held
- 739.5K
- Avg Position
- $1.0M
- Median Position
- $796.8K
Ownership Breakdown
Based on market cap of $160.8M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in WHF as of Q3 2025
| Institution | Position Value |
|---|---|
 Sound Income Strategies, LLC RIA/Wealth | $5.7M 0.31% of portfolio |
 TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy | $2.2M 0.00% of portfolio |
 TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | $1.6M 0.00% of portfolio |
 Ethos Financial Group, LLC RIA/Wealth | $1.5M 0.13% of portfolio |
 BANK OF AMERICA CORP /DE/ Institution | $1.3M 0.00% of portfolio |
L LEGAL & GENERAL GROUP PLC Institution | $970.5K 0.00% of portfolio |
B BlackRock, Inc. Institution | $962.9K 0.00% of portfolio |
 BASSO CAPITAL MANAGEMENT L.P. Hedge Fund•Multi-Strategy | $796.8K 0.53% of portfolio |
 BANK OF MONTREAL /CAN/ Institution | $794.7K 0.00% of portfolio |
R Ronald Blue Trust, Inc. Institution | $522.0K 0.01% of portfolio |
Net Capital Flow
Institutional buying and selling activity for WHF in Q3 2025
- Traded
- +$178.6K
- Buyers
- 26
- Sellers
- 19
- Total Bought
- +$2.5M
- Total Sold
- −$2.3M
- Avg Position
- $424.8K
Biggest Buyers
| Institution | Net Bought |
|---|---|
BANK OF MONTREAL /CAN/ Institution | +$794.7K +114.8K shares |
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | +$345.3K +49.9K shares |
B BlackRock, Inc. Institution | +$233.2K +33.7K shares |
L LPL Financial LLC Institution | +$166.4K +24.0K shares |
 Marshall Wace LLP Institution | +$163.4K +23.6K shares |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | +$148.2K +21.4K shares |
H HRT FINANCIAL LLC Institution | +$118.4K +17.1K shares |
Ethos Financial Group, LLC RIA/Wealth | +$116.1K +16.8K shares |
T TCG Advisory Services, LLC RIA/Wealth | +$74.8K +10.8K shares |
 UBS Group AG Institution | +$57.7K +8.3K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
Sound Income Strategies, LLC RIA/Wealth | −$561.7K −84.1K shares |
S Squarepoint Ops LLC Hedge Fund•Quant | −$523.9K −60.1K shares |
 Trexquant Investment LP Hedge Fund•Quant | −$415.2K −47.6K shares |
R ROYAL BANK OF CANADA Institution | −$140.6K −20.3K shares |
L LEGAL & GENERAL GROUP PLC Institution | −$113.2K −16.4K shares |
O OXFORD ASSET MANAGEMENT Institution | −$105.1K −12.1K shares |
N NORDEN GROUP LLC Institution | −$95.9K −11.0K shares |
 MORGAN STANLEY RIA/Wealth | −$76.0K −11.0K shares |
 RAYMOND JAMES FINANCIAL INC RIA/Wealth | −$74.0K −10.7K shares |
 GABLES CAPITAL MANAGEMENT INC. Hedge Fund•Long/Short | −$56.5K −8.2K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited WHF in Q3 2025
- New Positions
- 2
- New Value
- $82.4K
- Exited Positions
- 6
- Exited Value
- $1.2M
New Positions
| Institution | Position Value |
|---|---|
T TCG Advisory Services, LLC RIA/Wealth | $74.8K 10.8K shares |
 Rockefeller Capital Management L.P. Long Only Manager | $7.6K 1.1K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
S Squarepoint Ops LLC Hedge Fund•Quant | $523.9K 60.1K shares |
Trexquant Investment LP Hedge Fund•Quant | $415.2K 47.6K shares |
O OXFORD ASSET MANAGEMENT Institution | $105.1K 12.1K shares |
N NORDEN GROUP LLC Institution | $95.9K 11.0K shares |
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution | $29.6K 3.4K shares |
 Newbridge Financial Services Group, Inc. RIA/Wealth | $9.6K 1.1K shares |
Options Activity
Institutions with the largest Call and Put options positions in WHF as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 2
- Put Value
- $629.0K
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $629.0K 909.0 contracts |
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | - - contracts |
Most Committed Institutions
Institutions with WHF as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
BASSO CAPITAL MANAGEMENT L.P. Hedge Fund•Multi-Strategy | 0.53% $796.8K |
Sound Income Strategies, LLC RIA/Wealth | 0.31% $5.7M |
GABLES CAPITAL MANAGEMENT INC. Hedge Fund•Long/Short | 0.17% $386.9K |
V Virtus Investment Advisers, Inc. Institution | 0.13% $451.2K |
Ethos Financial Group, LLC RIA/Wealth | 0.13% $1.5M |
 BARD ASSOCIATES INC RIA/Wealth | 0.03% $129.3K |
 Northstar Advisory Group, LLC RIA/Wealth | 0.03% $72.2K |
 DIMENSION CAPITAL MANAGEMENT PARTNERS Fund of Funds | 0.03% $196.1K |
 Powell Investment Advisors, LLC RIA/Wealth | 0.03% $80.8K |
 Advisors Asset Management, Inc. ETF Provider | 0.01% $475.0K |
Hedge Fund Spotlight
Discover hedge funds investing in WHF
BASSO CAPITAL MANAGEMENT L.P.
Hedge Fund • Multi-Strategy
Portfolio ManagerDwight Carlton Nelson
- Portfolio Value
- $149.2M
- Positions
- 76
- Last Reported
- Q3 2025
Sector Allocation
Position in WhiteHorse Finance
- Market Value
- $796.8K
- Shares Held
- 115.1K
- Portfolio Weight
- 0.53%
- Owned Since
- 2022-Q4
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
ETF ETF | $33.6M | 22.53% | |
ETF ETF | $18.1M | 12.11% | |
ETF ETF | $15.9M | 10.64% |
