HRZNNasdaqFiscal year ends December 31Also trades as HTFC
Horizon Technology Finance Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$4.11−0.18 (-4.20%)
Close on Oct 19, 2026
- Market cap
- $267.05M
- P/E (TTM)
- 11.1
- Dividend yield
- 32.12%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
8M
Shares held, 13F filers
Institutional holders
107
64 new, 11 sold out
Net institutional buying
5M
In Q2 2026
Insider trades, 12 months
7 buys · 0 sales
Net bought $655.83K
Shares held by institutions
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of HRZN | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Morgan Stanley | 1,055,591 | – | $4.99M | +1,008,154 | 0.00% |
| Bulldog Investors, LLP | 658,617 | – | $3.12M | New | 0.69% |
| Marshall Wace, Llp | 592,247 | – | $2.80M | +420,469 | 0.00% |
| Caprock Group, LLC | 454,442 | – | $2.16M | New | 0.04% |
| Green Alpha Advisors, LLC | 429,913 | – | $2.03M | −160,228 | 1.36% |
| Legal & General Group Plc | 386,211 | – | $1.82M | +57,556 | 0.00% |
| Eagle Point Credit Management LLC | 366,194 | – | $1.73M | – | 2.62% |
| Virtus Investment Advisers, Inc. | 252,455 | – | $1.19M | +108,487 | 0.28% |
| Blair William & Co/Il | 239,073 | – | $1.13M | New | 0.00% |
| Bank Of America Corp /De/ | 225,732 | – | $1.07M | +164,779 | 0.00% |
| Caz Investments LP | 217,260 | – | $1.03M | New | 0.19% |
| Connecticut Wealth Management, LLC | 214,509 | – | $1.01M | +698 | 0.04% |
| UBS Group AG | 195,466 | – | $924.55K | +51,330 | 0.00% |
| BlackRock, Inc. | 180,902 | – | $855.67K | +1,415 | 0.00% |
| SRS Capital Advisors, Inc. | 126,305 | – | $597.42K | New | 0.00% |
| Apollon Wealth Management, LLC | 126,196 | – | $596.91K | New | 0.01% |
| LaFleur & Godfrey LLC | 114,526 | – | $541.71K | New | 0.06% |
| UMB Bank, n.a. | 107,470 | – | $508.33K | New | 0.01% |
| Focus Partners Wealth | 100,593 | – | $482.80K | New | 0.00% |
| Aqr Capital Management LLC | 91,368 | – | $432.17K | +58,350 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 107 | 8M | 64 / 27 | 8 / 11 | 5M | 0M |
| Q1 2026 | 55 | 3M | 11 / 15 | 21 / 19 | 0M | 1M |
| Q4 2025 | 65 | 4M | 17 / 18 | 19 / 13 | 2M | 1M |
| Q3 2025 | 62 | 3M | 12 / 15 | 21 / 10 | 1M | 0M |
| Q2 2025 | 60 | 3M | 16 / 19 | 14 / 20 | 1M | 1M |
| Q1 2025 | 65 | 3M | 10 / 23 | 18 / 25 | 1M | 1M |
| Q4 2024 | 80 | 3M | 28 / 22 | 18 / 13 | 1M | 1M |
| Q3 2024 | 66 | 3M | 23 / 15 | 14 / 12 | 1M | 0M |
| Q2 2024 | 56 | 2M | 12 / 15 | 14 / 16 | 0M | 0M |
| Q1 2024 | 61 | 2M | 9 / 25 | 18 / 4 | 1M | 0M |
| Q4 2023 | 56 | 2M | 18 / 14 | 16 / 7 | 0M | 0M |
| Q3 2023 | 46 | 2M | 11 / 20 | 8 / 13 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of HRZN | Value | % of fund | As of |
|---|---|---|---|---|---|
| Virtus Private Credit Strategy ETF | 252,455 | – | $1.09M | 3.59% | Jul 31, 2026 |
| Fidelity Nasdaq Composite Index Fund | 7,992 | – | $35.08K | 0.00% | May 31, 2026 |
| Blackstone Alternative Multi-Strategy Fund | 5 | – | $24 | 0.00% | Jun 30, 2026 |
| SIMT Multi-Strategy Alternatives Fund | -36,246 | – | -$171.44K | -0.07% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| Michael Balkin | Chief Executive Officer, Director | 243,527 | Jun 10, 2026 |
| Gerald A. Michaud | President, Director | 169,794 | Dec 2, 2024 |
| Paul G. Seitz | Chief Investment Officer | 12,242 | Jun 10, 2026 |
| Daniel R. Trolio | Executive VP and CFO | 15,023 | Jun 10, 2026 |
| Thomas J. Allison | Director | 56,617 | Jun 11, 2026 |
| Kimberley Ann O'Connor | Director | 10,000 | Jun 11, 2026 |
| Jonathan Joseph Goodman | Director | 8,312 | Jun 10, 2026 |
| Joseph J. Savage | Director | 59,500 | Nov 14, 2024 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Daniel R. Trolio Executive VP and CFO | Jun 10, 2026 | Buy | +11,500 | $4.34 | $49.91K | 15,023 |
| Thomas J. Allison Director | Jun 9, 2026 | Buy | +6,000 | $4.36 | $26.16K | 56,617 |
| Kimberley Ann O'Connor Director | Jun 9, 2026 | Buy | +10,000 | $4.37 | $43.70K | 10,000 |
| Thomas J. Allison Director | Jun 9, 2026 | Buy | +6,000 | $4.36 | $26.16K | 55,926 |
| Paul G. Seitz Chief Investment Officer | Jun 9, 2026 | Buy | +11,477 | $4.35 | $49.92K | 12,242 |
| Jonathan Joseph Goodman Director | Jun 9, 2026 | Buy | +6,000 | $4.33 | $25.98K | 8,312 |
| Michael Balkin Chief Executive Officer, Director | Jun 9, 2026 | Buy | +100,000 | $4.34 | $434.00K | 223,527 |
| Michael Balkin Chief Executive Officer, Director | Apr 14, 2026 | Award | +93,527 | – | – | 103,527 |
| Thomas J. Allison Director | Apr 14, 2026 | Award | +49,926 | – | – | 49,926 |
| Michael Balkin Chief Executive Officer, Director | Apr 14, 2026 | Award | +93,527 | – | – | 103,527 |
| Paul G. Seitz Chief Investment Officer | Apr 14, 2026 | Award | +142 | – | – | 742 |
| Michael Balkin Director | Dec 16, 2024 | Buy | +20,000 | $8.53 | $170.60K | 20,000 |
| Gerald A. Michaud President, Director | Nov 25, 2024 | Buy | +8,000 | $9.31 | $74.48K | 169,309 |
| Joseph J. Savage Director | Nov 14, 2024 | Buy | +4,500 | $9.20 | $41.40K | 59,500 |
| Joseph J. Savage Director | Nov 13, 2024 | Buy | +5,000 | $9.35 | $46.75K | 55,000 |
| Jonathan Joseph Goodman Director | Aug 5, 2024 | Buy | +2,313 | $10.81 | $25.00K | 2,313 |
| Michael Balkin Director | Aug 5, 2024 | Buy | +10,000 | $10.58 | $105.80K | 10,000 |
| Gerald A. Michaud President, Director | Mar 8, 2024 | Buy | +3,650 | $11.77 | $42.96K | 156,244 |
| Gerald A. Michaud President, Director | Dec 20, 2022 | Buy | +18,250 | $11.03 | $201.30K | 144,585 |
| Robert D. Pomeroy Jr. CEO and Chairman of the Board, Director | Dec 9, 2022 | Buy | +600 | $13.03 | $7.82K | 8,717 |
| Robert D. Pomeroy Jr. CEO and Chairman of the Board, Director | Dec 9, 2022 | Buy | +4,000 | $13.03 | $52.12K | 172,821 |
| Gerald A. Michaud President, Director | Dec 6, 2022 | Buy | +4,000 | $12.90 | $51.60K | 126,335 |
| Daniel R. Trolio Executive VP and CFO | Nov 16, 2022 | Buy | +758 | $13.04 | $9.88K | 2,374 |
| Edmund V. Mahoney Director | Sep 29, 2022 | Buy | +500 | $9.88 | $4.94K | 7,169 |
| Robert D. Pomeroy Jr. CHIEF EXECUTIVE OFFICER, Director | Jun 21, 2022 | Buy | +4,000 | $11.30 | $45.20K | 162,127 |
| Joseph J. Savage Director | May 16, 2022 | Buy | +10,000 | $12.23 | $122.30K | 50,000 |
| Joseph J. Savage Director | May 12, 2022 | Buy | +5,000 | $11.82 | $59.10K | 40,000 |
| Daniel R. Trolio CFO | May 10, 2022 | Buy | +414 | $12.00 | $4.97K | 1,532 |
| Gerald A. Michaud PRESIDENT, Director | May 9, 2022 | Buy | +3,050 | $12.06 | $36.78K | 121,899 |
| Robert D. Pomeroy Jr. CHIEF EXECUTIVE OFFICER, Director | May 6, 2022 | Buy | +4,000 | $12.73 | $50.92K | 155,539 |
| Robert D. Pomeroy Jr. CHIEF EXECUTIVE OFFICER, Director | May 6, 2022 | Buy | +1,000 | $12.57 | $12.57K | 7,674 |
| Robert D. Pomeroy Jr. CHIEF EXECUTIVE OFFICER, Director | Dec 6, 2021 | Buy | +2,500 | $16.11 | $40.28K | 146,244 |
| Robert D. Pomeroy Jr. CHIEF EXECUTIVE OFFICER, Director | Dec 6, 2021 | Buy | +600 | $16.13 | $9.68K | 6,448 |
| Gerald A. Michaud PRESIDENT, Director | Dec 6, 2021 | Buy | +3,450 | $15.87 | $54.75K | 116,301 |
| Robert D. Pomeroy Jr. Chief Executive Officer, Director | May 6, 2021 | Buy | +2,500 | $16.34 | $40.85K | 138,073 |
| Robert D. Pomeroy Jr. Chief Executive Officer, Director | May 6, 2021 | Buy | +600 | $16.36 | $9.82K | 5,475 |
| Gerald A. Michaud President, Director | May 4, 2021 | Buy | +2,500 | $16.19 | $40.48K | 112,078 |
| Robert D. Pomeroy Jr. Chief Executive Officer, Director | Mar 5, 2021 | Buy | +5,000 | $13.25 | $66.25K | 133,877 |
| Robert D. Pomeroy Jr. Chief Executive Officer, Director | Mar 5, 2021 | Buy | +5,000 | $13.25 | $66.25K | 97,986 |
| Gerald A. Michaud President, Director | Mar 5, 2021 | Buy | +11,300 | $13.30 | $150.29K | 109,578 |
| Robert D. Pomeroy Jr. Chief Executive Officer, Director | Jun 4, 2020 | Buy | +10,000 | $11.70 | $117.00K | 120,204 |
| Gerald A. Michaud President, Director | Jun 2, 2020 | Buy | +14,900 | $11.38 | $169.56K | 95,844 |
| Daniel R. Trolio Senior VP and CFO | May 5, 2020 | Buy | +538 | $9.31 | $5.01K | 962 |
| Joseph J. Savage Director | Mar 31, 2020 | Buy | +6,500 | $8.43 | $54.80K | 35,000 |
| Joseph J. Savage Director | Mar 25, 2020 | Buy | +2,000 | $8.91 | $17.82K | 28,500 |
| Joseph J. Savage Director | Mar 20, 2020 | Buy | +8,000 | $7.57 | $60.56K | 26,500 |
| Robert D. Pomeroy Jr. Chief Executive Officer, Director | Mar 18, 2020 | Buy | +4,000 | $5.98 | $23.92K | 106,408 |
| Robert D. Pomeroy Jr. Chief Executive Officer, Director | Mar 13, 2020 | Buy | +800 | $10.33 | $8.26K | 4,337 |
| Robert D. Pomeroy Jr. Chief Executive Officer, Director | Mar 13, 2020 | Buy | +4,000 | $10.75 | $43.00K | 102,498 |
| Elaine A. Sarsynski Director | Mar 12, 2020 | Buy | +2,000 | $9.64 | $19.28K | 7,000 |
| Daniel R. Trolio Vice President and CFO | Mar 11, 2020 | Buy | +421 | $11.83 | $4.98K | 421 |
| Gerald A. Michaud President, Director | Aug 14, 2019 | Buy | +3,500 | $12.00 | $42.00K | 77,128 |
| Robert D. Pomeroy Jr. Chief Executive Officer, Director | Aug 7, 2019 | Buy | +5,000 | $12.14 | $60.70K | 93,225 |
| Robert D. Pomeroy Jr. Chief Executive Officer, Director | Aug 7, 2019 | Buy | +575 | $12.14 | $6.98K | 3,351 |
| Robert D. Pomeroy Jr. Chief Executive Officer, Director | May 13, 2019 | Buy | +555 | $11.70 | $6.49K | 2,719 |
| Robert D. Pomeroy Jr. Chief Executive Officer, Director | May 13, 2019 | Buy | +4,500 | $11.70 | $52.65K | 86,077 |
| Gerald A. Michaud President, Director | May 9, 2019 | Buy | +900 | $11.65 | $10.49K | 73,842 |
| Gerald A. Michaud President, Director | May 18, 2018 | Buy | +15,000 | $10.08 | $151.20K | 70,034 |
| Elaine A. Sarsynski Director | May 7, 2018 | Buy | +3,000 | $10.00 | $30.00K | 5,000 |
| Joseph J. Savage Director | Mar 15, 2018 | Buy | +10,000 | $10.60 | $106.00K | 18,500 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.