Horizon Technology Finance Corporation
Horizon Technology Finance Corporation (HRZN) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · HRZN · as of Sep 30, 2025
Ownership Breakdown
67
Institutional Holders
▲ 2 vs Q2
$19.26M
Total Inst. Value
▲ $345,577 vs Q2
44.13M
Shares Outstanding
freeFloat 99.22%
3.21M
13F Shares Held
▲ 596,344 vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
HRZN largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
GREEN ALPHA ADVISORS, LLC | 500.0K | 1.21% | 1.21% | $3.05B | Oct 15, 2025 | ▲ 112.3K |
MARSHALL WACE, LLP | 347.8K | 84.37% | 84.37% | $2.12B | Nov 13, 2025 | ▲ 333.5K |
BLACKROCK, INC. | 300.6K | 72.92% | 72.92% | $1.83B | Nov 12, 2025 | ▲ 67.6K |
LEGAL & GENERAL GROUP PLC | 247.8K | 60.12% | 60.12% | $1.51B | Nov 13, 2025 | ▼ 19.5K |
CONNECTICUT WEALTH MANAGEMENT, LLC | 212.0K | 51.44% | 51.44% | $1.29B | Nov 13, 2025 | ▲ 673 |
VIRTUS INVESTMENT ADVISERS, INC. | 211.3K | 51.25% | 51.25% | $1.29B | Nov 14, 2025 | ▲ 33.5K |
MILLENNIUM MANAGEMENT LLC | 180.2K | 43.72% | 43.72% | $1.10B | Nov 14, 2025 | NEW |
UBS GROUP AG | 107.0K | 25.95% | 25.95% | $652.48M | Nov 13, 2025 | ▲ 30.7K |
ROYAL BANK OF CANADA | 78.0K | 18.91% | 18.91% | $475.00M | Nov 14, 2025 | ▲ 13.5K |
MORGAN STANLEY | 73.2K | 17.76% | 17.76% | $446.66M | May 27, 2026 | ▲ 23.1K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
20
Increased
+698.5K shares4
New Positions
first time holders21
Decreased
−276.6K shares0
Sold Out
fully exitedNet shares change (top 50)
+421.9K
+698.5K / −276.6K
Net new holders
+3
4 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
HRZN insider trading · insider activity
Source: SEC Form 4
Insiders have been net buyers of shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
3
Buy transactions
0
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
ALLISON THOMAS J. director | Apr 14, 2026 | Award | 49,926 | $0.00 | $49.926 | 49.9K | Form 4 ↗ |
Seitz Paul G Chief Investment Officer | Apr 14, 2026 | Award | 142 | $0.00 | $0.142 | 742 | Form 4 ↗ |
Balkin Michael Chief Executive Officer | Apr 14, 2026 | Award | 93,527 | $0.00 | $93.527 | 103.5K | Form 4 ↗ |
Balkin Michael director | Dec 16, 2024 | Purchase | 20,000 | $8.53 | $170.6K | 20.0K | Form 4 ↗ |
Michaud Gerald A. President | Nov 25, 2024 | Purchase | 8,000 | $9.31 | $74.5K | 169.3K | Form 4 ↗ |
SAVAGE JOSEPH J director | Nov 14, 2024 | Purchase | 4,500 | $9.20 | $41.4K | 59.5K | Form 4 ↗ |
SAVAGE JOSEPH J director | Nov 13, 2024 | Purchase | 5,000 | $9.35 | $46.8K | 55.0K | Form 4 ↗ |
Goodman Jonathan Joseph director | Aug 5, 2024 | Purchase | 2,313 | $10.81 | $25.0K | 2.3K | Form 4 ↗ |
Balkin Michael director | Aug 5, 2024 | Purchase | 10,000 | $10.58 | $105.8K | 10.0K | Form 4 ↗ |
Michaud Gerald A. President | Mar 8, 2024 | Purchase | 3,650 | $11.77 | $43.0K | 156.2K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Horizon Technology Finance Corporation (HRZN) is primarily owned by institutional investors, who hold approximately 7.3% of total shares outstanding. Company insiders own approximately 0.78%, while retail and public investors account for the remaining 91.94%.
The largest institutional shareholder of Horizon Technology Finance Corporation is GREEN ALPHA ADVISORS, LLC, holding approximately 500,029 shares — equal to 1.21% of outstanding shares — as of September 30, 2025.
A total of 67 institutional investors currently hold HRZN stock, with a combined institutional value of approximately $19,256,616 as of the most recent 13F filing period.
Frequently asked questions
HRZN ownershipHorizon Technology Finance Corporation (HRZN) is primarily owned by institutional investors, who hold approximately 7.3% of shares. The largest shareholder is GREEN ALPHA ADVISORS, LLC with a 1.21% stake. Company insiders hold 0.78%. Data sourced from SEC Form 13F as of September 30, 2025.