HRZN
Horizon Technology Finance
Portfolio Fair Value
$645.63M
152 holdings
Avg Spread
+3.94%
FV-weighted, debt
Avg Coupon
—
FV-weighted
% First Lien
0.0%
of debt FV
Unrealized P/L
-$9.42M
-1.44% of cost
Non-Accrual
0
text-detected
Balance sheet
Assets$791.65M
Liabilities + Equity$791.65M
Other Debt
$695.70M · 87.9%
Other Debt
$695.70M · 87.9%
Cash & Equivalents
$34.49M · 4.4%
Other Assets
$61.46M · 7.8%
Debt (Borrowings)
$447.17M · 56.5%
Debt (Borrowings)
$447.17M · 56.5%
Other Liabilities
$10.62M · 1.3%
Net Assets (Equity)
$333.86M · 42.2%
Net Assets (Equity)
$333.86M · 42.2%
Industry Composition
Medical Device
37.2%
Software
33.6%
Biotechnology
13.1%
Other Healthcare Services
5.3%
Other Sustainability
4.7%
Consumerrelated Technologies
2.5%
Technology
1.5%
Diagnostics
1.1%
Alternative Energy
0.8%
Consumer Related Technologies
0.2%
Spread Distribution
0.0%
2.5%
3.0%
3.5%
4.0%
4.5%
5.0%
5.5%
6.0%
6.5%
Schedule of Investments
All holdings
All holdings
Sortable, click headers to re-sort
152 of 152
| Issuer | Industry | Type | Fair Value | Cost | Unrealized | Coupon | Spread | Maturity |
|---|---|---|---|---|---|---|---|---|
Kodiak Robotics | Software | Term Loan | $14.63M | $14.63M | $0.00 | — | +3.50% | 2030-01-01 |
Ossio, Inc. | Medical Device | Term Loan | $12.37M | $12.37M | $0.00 | — | +3.25% | 2031-01-20 |
Long Grove Pharmaceuticals | Biotechnology | Term Loan | $10.17M | $10.17M | $0.00 | — | +4.00% | 2031-02-27 |
Castle Creek Biosciences | Biotechnology | Term Loan | $9.96M | $9.96M | $0.00 | — | +4.25% | 2028-03-01 |
Elligo Health Research, Inc. | Software | Term Loan | $9.95M | $9.95M | $0.00 | — | +3.50% | 2027-10-01 |
Scientia Vascular, Inc. | Medical Device | Term Loan | $9.89M | $9.89M | $0.00 | — | +2.75% | 2030-07-01 |
Scientia Vascular, Inc. | Medical Device | Term Loan | $9.89M | $9.89M | $0.00 | — | +2.75% | 2030-07-01 |
Onkos Surgical, Inc. | Medical Device | Term Loan | $9.88M | $9.88M | $0.00 | — | +3.25% | 2030-01-01 |
Onkos Surgical, Inc. | Medical Device | Term Loan | $9.88M | $9.88M | $0.00 | — | +3.25% | 2030-01-01 |
Sonex Health, Inc. | Medical Device | Term Loan | $9.85M | $9.85M | $0.00 | — | +5.00% | 2030-04-01 |
Brite Core Holdings, Inc. | Software | Term Loan | $9.84M | $9.84M | $0.00 | — | +3.75% | 2031-01-01 |
Samba TV, Inc. | Software | Term Loan | $9.82M | $9.82M | $0.00 | — | +3.50% | 2030-12-01 |
Pelthos Therapeutics, Inc. | Biotechnology | Term Loan | $9.79M | $9.79M | $0.00 | — | +3.75% | 2031-01-31 |
Pelthos Therapeutics, Inc. | Biotechnology | Term Loan | $9.79M | $9.79M | $0.00 | — | +3.75% | 2031-01-31 |
Sonex Health, Inc. | Medical Device | Term Loan | $9.75M | $9.75M | $0.00 | — | +5.00% | 2030-04-01 |
Mastery Prep, LLC | Software | Term Loan | $7.44M | $7.44M | $0.00 | — | +4.00% | 2029-07-01 |
Samba TV, Inc. | Software | Term Loan | $7.42M | $7.42M | $0.00 | — | +3.50% | 2030-12-01 |
Ossio, Inc. | Medical Device | Term Loan | $7.42M | $7.42M | $0.00 | — | +3.25% | 2031-01-20 |
Brite Core Holdings, Inc. | Software | Term Loan | $7.42M | $7.42M | $0.00 | — | +3.75% | 2031-01-01 |
GT Medical Technologies, Inc. | Other Healthcare Services | Term Loan | $7.41M | $7.41M | $0.00 | — | +3.25% | 2029-10-01 |
Mastery Prep, LLC | Software | Term Loan | $7.39M | $7.39M | $0.00 | — | +4.00% | 2029-07-01 |
Kodiak Robotics | Software | Term Loan | $7.31M | $7.31M | $0.00 | — | +3.50% | 2030-01-01 |
Kodiak Robotics | Software | Term Loan | $7.31M | $7.31M | $0.00 | — | +3.50% | 2030-01-01 |
Hound Labs IILLC | Diagnostics | Term Loan | $6.81M | $7.01M | -$199.0K | — | +6.00% | 2027-07-01 |
Castle Creek Biosciences | Biotechnology | Term Loan | $5.47M | $5.47M | $0.00 | — | +4.25% | 2028-03-01 |
Shengrow, Inc. | Other Sustainability | Term Loan | $5.40M | $583.0K | $4.82M | — | +5.00% | 2028-09-01 |
MMLUS, Inc. | Medical Device | Term Loan | $5.13M | $5.13M | $0.00 | — | +3.00% | 2030-03-01 |
MMLUS, Inc. | Medical Device | Term Loan | $5.13M | $5.13M | $0.00 | — | +3.00% | 2030-03-01 |
Bright Insight, Inc. | Software | Term Loan | $5.12M | $6.40M | -$1.28M | — | +5.50% | 2027-08-01 |
MMLUS, Inc. | Medical Device | Term Loan | $5.09M | $5.09M | $0.00 | — | +3.00% | 2030-03-01 |
MMLUS, Inc. | Medical Device | Term Loan | $5.09M | $5.09M | $0.00 | — | +3.00% | 2030-03-01 |
Shengrow, Inc. | Other Sustainability | Revolver | $5.00M | $5.00M | $0.00 | — | +5.00% | 2026-11-26 |
Castle Creek Biosciences | Biotechnology | Term Loan | $4.98M | $4.98M | $0.00 | — | +4.25% | 2028-03-01 |
Castle Creek Biosciences | Biotechnology | Term Loan | $4.98M | $4.98M | $0.00 | — | +4.25% | 2028-03-01 |
Elligo Health Research, Inc. | Software | Term Loan | $4.97M | $4.97M | $0.00 | — | +3.50% | 2027-10-01 |
Elligo Health Research, Inc. | Software | Term Loan | $4.97M | $4.97M | $0.00 | — | +3.50% | 2027-10-01 |
Elligo Health Research, Inc. | Software | Term Loan | $4.97M | $4.97M | $0.00 | — | +3.50% | 2027-10-01 |
Ceribell, Inc. | Medical Device | Term Loan | $4.96M | $4.96M | $0.00 | — | +2.75% | 2029-03-01 |
Samba TV, Inc. | Software | Term Loan | $4.95M | $4.95M | $0.00 | — | +3.50% | 2030-12-01 |
Scientia Vascular, Inc. | Medical Device | Term Loan | $4.95M | $4.95M | $0.00 | — | +2.75% | 2030-07-01 |
Spineology, Inc. | Medical Device | Term Loan | $4.94M | $4.94M | $0.00 | — | +5.00% | 2029-08-01 |
Infobionic, Inc. | Medical Device | Term Loan | $4.94M | $4.94M | $0.00 | — | +4.50% | 2029-09-01 |
Infobionic, Inc. | Medical Device | Term Loan | $4.94M | $4.94M | $0.00 | — | +4.50% | 2029-09-01 |
Infobionic, Inc. | Medical Device | Term Loan | $4.94M | $4.94M | $0.00 | — | +4.50% | 2029-09-01 |
Onkos Surgical, Inc. | Medical Device | Term Loan | $4.94M | $4.94M | $0.00 | — | +3.25% | 2030-01-01 |
Onkos Surgical, Inc. | Medical Device | Term Loan | $4.94M | $4.94M | $0.00 | — | +3.25% | 2030-01-01 |
Crafty Holdings, Inc. | Software | Term Loan | $4.94M | $4.94M | $0.00 | — | +4.50% | 2029-01-01 |
Crafty Holdings, Inc. | Software | Term Loan | $4.94M | $4.94M | $0.00 | — | +4.50% | 2029-01-01 |
Onkos Surgical, Inc. | Medical Device | Term Loan | $4.93M | $4.93M | $0.00 | — | +3.25% | 2030-10-01 |
Avive Solutions, Inc. | Medical Device | Term Loan | $4.93M | $4.93M | $0.00 | — | +3.00% | 2031-04-01 |
Avive Solutions, Inc. | Medical Device | Term Loan | $4.93M | $4.93M | $0.00 | — | +3.00% | 2031-04-01 |
Crafty Holdings, Inc. | Software | Term Loan | $4.92M | $4.92M | $0.00 | — | +4.50% | 2029-01-01 |
Apkudo Inc Software Term Loans | Technology | Term Loan | $4.91M | $4.91M | $0.00 | — | +4.25% | 2029-10-01 |
Apkudo Inc Software Term Loans | Technology | Term Loan | $4.91M | $4.91M | $0.00 | — | +4.25% | 2029-10-01 |
Hyperfine, Inc. | Medical Device | Term Loan | $4.91M | $4.91M | $0.00 | — | +4.25% | 2031-03-18 |
Hyperfine, Inc. | Medical Device | Term Loan | $4.91M | $4.91M | $0.00 | — | +4.25% | 2031-03-18 |
Pelthos Therapeutics, Inc. | Biotechnology | Term Loan | $4.89M | $4.89M | $0.00 | — | +3.75% | 2031-01-31 |
Pelthos Therapeutics, Inc. | Biotechnology | Term Loan | $4.89M | $4.89M | $0.00 | — | +3.75% | 2031-01-31 |
Ceribell, Inc. | Medical Device | Term Loan | $4.84M | $4.84M | $0.00 | — | +2.75% | 2029-03-01 |
Hyperfine, Inc. | Medical Device | Term Loan | $4.61M | $4.61M | $0.00 | — | +4.25% | 2031-03-18 |
Supply Network Visibility Holdings, LLC | Software | Term Loan | $4.50M | $4.99M | -$483.0K | — | +4.25% | 2029-07-01 |
Dropoff, Inc. | Software | Term Loan | $4.42M | $2.45M | $1.97M | — | +6.50% | 2026-06-01 |
Bright Insight, Inc. | Software | Term Loan | $4.40M | $2.90M | $1.50M | — | +5.50% | 2027-08-01 |
Mirantis, Inc. | Software | Term Loan | $4.27M | $4.27M | $0.00 | — | +3.50% | 2028-10-01 |
Mirantis, Inc. | Software | Term Loan | $4.27M | $4.27M | $0.00 | — | +3.50% | 2028-10-01 |
Mirantis, Inc. | Software | Term Loan | $4.27M | $4.27M | $0.00 | — | +3.50% | 2028-10-01 |
Mirantis, Inc. | Software | Term Loan | $4.27M | $4.27M | $0.00 | — | +3.50% | 2028-10-01 |
Spineology, Inc. | Medical Device | Term Loan | $4.20M | $4.20M | $0.00 | — | +5.00% | 2029-08-01 |
Spineology, Inc. | Medical Device | Term Loan | $4.20M | $4.20M | $0.00 | — | +5.00% | 2029-08-01 |
Shengrow, Inc. | Other Sustainability | Revolver | $4.09M | $4.09M | $0.00 | — | +5.00% | 2026-11-26 |
KSQ Therapeutics, Inc. | Biotechnology | Term Loan | $3.99M | $3.99M | $0.00 | — | +3.75% | 2030-04-01 |
KSQ Therapeutics, Inc. | Biotechnology | Term Loan | $3.99M | $3.99M | $0.00 | — | +3.75% | 2030-04-01 |
KSQ Therapeutics, Inc. | Biotechnology | Term Loan | $3.99M | $3.99M | $0.00 | — | +3.75% | 2030-04-01 |
KSQ Therapeutics, Inc. | Biotechnology | Term Loan | $3.99M | $3.99M | $0.00 | — | +3.75% | 2030-04-01 |
Ceribell, Inc. | Medical Device | Term Loan | $3.97M | $3.97M | $0.00 | — | +2.75% | 2029-03-01 |
Hometeam Technologies, Inc. | Other Healthcare Services | Term Loan | $3.96M | $4.78M | -$823.0K | — | +3.25% | 2029-08-01 |
Hometeam Technologies, Inc. | Other Healthcare Services | Term Loan | $3.96M | $4.78M | -$823.0K | — | +3.25% | 2029-08-01 |
Hometeam Technologies, Inc. | Other Healthcare Services | Term Loan | $3.96M | $4.78M | -$823.0K | — | +3.25% | 2029-08-01 |
Hometeam Technologies, Inc. | Other Healthcare Services | Term Loan | $3.96M | $4.78M | -$823.0K | — | +3.25% | 2029-08-01 |
Hometeam Technologies, Inc. | Other Healthcare Services | Term Loan | $3.92M | $4.73M | -$814.0K | — | +3.25% | 2029-08-01 |
Dropoff, Inc. | Software | Term Loan | $3.83M | $6.79M | -$2.97M | — | +6.50% | 2026-06-01 |
Mobia Medical, Inc. | Medical Device | Term Loan | $3.71M | $3.71M | $0.00 | — | +3.75% | 2029-01-01 |
Mobia Medical, Inc. | Medical Device | Term Loan | $3.71M | $3.71M | $0.00 | — | +3.75% | 2029-01-01 |
GT Medical Technologies, Inc. | Other Healthcare Services | Term Loan | $3.71M | $3.71M | $0.00 | — | +3.25% | 2029-10-01 |
Sonex Health, Inc. | Medical Device | Term Loan | $3.69M | $3.69M | $0.00 | — | +5.00% | 2030-04-01 |
Sonex Health, Inc. | Medical Device | Term Loan | $3.69M | $3.69M | $0.00 | — | +5.00% | 2030-04-01 |
GT Medical Technologies, Inc. | Other Healthcare Services | Term Loan | $3.66M | $3.66M | $0.00 | — | +3.25% | 2029-10-01 |
Shengrow, Inc. | Other Sustainability | Term Loan | $3.56M | $3.56M | $0.00 | — | +5.00% | 2028-09-01 |
Shengrow, Inc. | Other Sustainability | Term Loan | $3.56M | $3.56M | $0.00 | — | +5.00% | 2028-09-01 |
Shengrow, Inc. | Other Sustainability | Term Loan | $3.55M | $3.55M | $0.00 | — | +5.00% | 2028-09-01 |
Dropoff, Inc. | Software | Term Loan | $3.53M | $6.27M | -$2.74M | — | +6.50% | 2026-06-01 |
Scientia Vascular, Inc. | Medical Device | Term Loan | $3.46M | $3.46M | $0.00 | — | +2.75% | 2030-07-01 |
Havenly, Inc. | Consumerrelated Technologies | Term Loan | $3.37M | $1.92M | $1.46M | — | +3.50% | 2028-02-01 |
Supply Network Visibility Holdings, LLC | Software | Term Loan | $3.16M | $3.50M | -$339.0K | — | +4.25% | 2028-06-01 |
Happy Co, Inc. | Software | Term Loan | $2.97M | $2.97M | $0.00 | — | +3.75% | 2030-02-01 |
Happy Co, Inc. | Software | Term Loan | $2.97M | $2.97M | $0.00 | — | +3.75% | 2030-02-01 |
Havenly, Inc. | Consumerrelated Technologies | Term Loan | $2.81M | $2.81M | $0.00 | — | +3.50% | 2028-02-01 |
Havenly, Inc. | Consumerrelated Technologies | Term Loan | $2.81M | $2.81M | $0.00 | — | +3.50% | 2028-02-01 |
Conventus Orthopaedics, Inc. | Medical Device | Term Loan | $2.79M | $2.79M | $0.00 | — | +6.32% | 2026-07-01 |
Conventus Orthopaedics, Inc. | Medical Device | Term Loan | $2.79M | $2.79M | $0.00 | — | +6.32% | 2026-07-01 |
MMLUS, Inc. | Medical Device | Term Loan | $2.56M | $2.56M | $0.00 | — | +3.00% | 2030-03-01 |
Bright Insight, Inc. | Software | Term Loan | $2.56M | $3.20M | -$641.0K | — | +5.50% | 2027-08-01 |
Bright Insight, Inc. | Software | Term Loan | $2.56M | $3.20M | -$641.0K | — | +5.50% | 2027-08-01 |
Viken Detection, Corporation | Software | Term Loan | $2.49M | $2.49M | $0.00 | — | +4.00% | 2027-06-01 |
Samba TV, Inc. | Software | Term Loan | $2.48M | $2.48M | $0.00 | — | +3.50% | 2030-12-01 |
Spark Charge, Inc. | Alternative Energy | Term Loan | $2.47M | $2.47M | $0.00 | — | +4.00% | 2029-05-01 |
Brite Core Holdings, Inc. | Software | Term Loan | $2.47M | $2.47M | $0.00 | — | +3.75% | 2031-01-01 |
Spineology, Inc. | Medical Device | Term Loan | $2.47M | $2.47M | $0.00 | — | +5.00% | 2029-08-01 |
Avive Solutions, Inc. | Medical Device | Term Loan | $2.46M | $2.46M | $0.00 | — | +3.00% | 2031-04-01 |
Avive Solutions, Inc. | Medical Device | Term Loan | $2.46M | $2.46M | $0.00 | — | +3.00% | 2031-04-01 |
Avive Solutions, Inc. | Medical Device | Term Loan | $2.46M | $2.46M | $0.00 | — | +3.00% | 2031-04-01 |
Avive Solutions, Inc. | Medical Device | Term Loan | $2.46M | $2.46M | $0.00 | — | +3.00% | 2031-04-01 |
MMLUS, Inc. | Medical Device | Term Loan | $2.46M | $2.46M | $0.00 | — | +3.00% | 2030-03-01 |
Ossio, Inc. | Medical Device | Term Loan | $2.46M | $2.46M | $0.00 | — | +3.25% | 2031-01-20 |
Sonex Health, Inc. | Medical Device | Term Loan | $2.46M | $2.46M | $0.00 | — | +5.00% | 2030-04-01 |
Sonex Health, Inc. | Medical Device | Term Loan | $2.46M | $2.46M | $0.00 | — | +5.00% | 2030-04-01 |
Lyrical Foods, Inc. | Consumerrelated Technologies | Term Loan | $2.44M | $2.77M | -$330.0K | — | +3.50% | 2028-07-01 |
Infobionic, Inc. | Medical Device | Term Loan | $2.43M | $2.43M | $0.00 | — | +5.00% | 2029-09-01 |
Spark Charge, Inc. | Alternative Energy | Term Loan | $2.40M | $2.40M | $0.00 | — | +4.00% | 2029-05-01 |
Infobionic, Inc. | Medical Device | Term Loan | $2.38M | $2.38M | $0.00 | — | +5.00% | 2029-09-01 |
Lyrical Foods, Inc. | Consumerrelated Technologies | Term Loan | $2.36M | $1.29M | $1.07M | — | +3.50% | 2028-07-01 |
Ursa Space Systems, Inc. | Software | Term Loan | $2.31M | $2.31M | $0.00 | — | +4.00% | 2028-11-01 |
Ursa Space Systems, Inc. | Software | Term Loan | $2.31M | $2.31M | $0.00 | — | +4.00% | 2028-11-01 |
Ursa Space Systems, Inc. | Software | Term Loan | $2.30M | $2.30M | $0.00 | — | +4.00% | 2028-11-01 |
Ursa Space Systems, Inc. | Software | Term Loan | $2.30M | $2.30M | $0.00 | — | +4.00% | 2028-11-01 |
Supply Network Visibility Holdings, LLC | Software | Term Loan | $2.25M | $2.50M | -$242.0K | — | +4.25% | 2028-06-01 |
Supply Network Visibility Holdings, LLC | Software | Term Loan | $2.25M | $2.50M | -$242.0K | — | +4.25% | 2028-06-01 |
Bright Insight, Inc. | Software | Term Loan | $2.19M | $2.73M | -$546.0K | — | +5.50% | 2027-08-01 |
Happy Co, Inc. | Software | Term Loan | $1.98M | $1.98M | $0.00 | — | +3.75% | 2030-02-01 |
Happy Co, Inc. | Software | Term Loan | $1.98M | $1.98M | $0.00 | — | +3.75% | 2030-02-01 |
Crafty Holdings, Inc. | Software | Term Loan | $1.97M | $1.97M | $0.00 | — | +4.50% | 2029-01-01 |
Bright Insight, Inc. | Software | Term Loan | $1.80M | $1.28M | $523.0K | — | +5.50% | 2027-08-01 |
Shengrow, Inc. | Other Sustainability | Term Loan | $1.78M | $1.78M | $0.00 | — | +5.00% | 2028-09-01 |
Shengrow, Inc. | Other Sustainability | Term Loan | $1.78M | $1.78M | $0.00 | — | +5.00% | 2028-09-01 |
Shengrow, Inc. | Other Sustainability | Term Loan | $1.78M | $1.78M | $0.00 | — | +5.00% | 2028-09-01 |
Havenly, Inc. | Consumerrelated Technologies | Term Loan | $1.53M | $1.53M | $0.00 | — | +5.00% | 2027-03-01 |
Scientia Vascular, Inc. | Medical Device | Term Loan | $1.48M | $1.48M | $0.00 | — | +2.75% | 2030-07-01 |
Dropoff, Inc. | Software | Term Loan | $1.47M | $2.62M | -$1.14M | — | +6.50% | 2026-06-01 |
Supply Network Visibility Holdings, LLC | Software | Term Loan | $1.35M | $1.50M | -$145.0K | — | +4.25% | 2028-06-01 |
Viken Detection, Corporation | Software | Term Loan | $1.24M | $1.24M | $0.00 | — | +4.00% | 2027-06-01 |
Viken Detection, Corporation | Software | Term Loan | $1.24M | $1.24M | $0.00 | — | +4.00% | 2027-06-01 |
Havenly, Inc. | Consumerrelated Technologies | Term Loan | $1.02M | $1.02M | $0.00 | — | +5.00% | 2027-03-01 |
Nextcar Holding Company, Inc. | Consumer Related Technologies | Term Loan | $1.00M | $2.02M | -$1.02M | — | +0.00% | 2026-03-31 |
Provivi | Biotechnology | Term Loan | $886.0K | $1.56M | -$675.0K | — | +5.36% | 2027-01-01 |
Provivi | Biotechnology | Term Loan | $886.0K | $1.56M | -$675.0K | — | +5.36% | 2027-01-01 |
Provivi | Biotechnology | Term Loan | $442.0K | $778.0K | -$336.0K | — | +5.36% | 2027-01-01 |
Provivi | Biotechnology | Term Loan | $442.0K | $777.0K | -$335.0K | — | +5.36% | 2027-01-01 |
Provivi | Biotechnology | Term Loan | $441.0K | $777.0K | -$336.0K | — | +5.36% | 2027-01-01 |
Provivi | Biotechnology | Term Loan | $441.0K | $777.0K | -$336.0K | — | +5.36% | 2027-01-01 |
Emalex Biosciences, Inc. | Biotechnology | Term Loan | $416.0K | $416.0K | $0.00 | — | +4.72% | 2026-05-01 |
Nexii, Inc. | Other Sustainability | Term Loan | $0.00 | $830.0K | -$830.0K | — | +0.00% | 2027-07-01 |
Nexii, Inc. | Other Sustainability | Term Loan | $0.00 | $172.0K | -$172.0K | — | +0.00% | 2027-07-01 |
Disclosed holdings FV
$695.70M
Parsed holdings FV
$645.63M
Residual gap
$50.07M
Balance-sheet cash
$34.49M
CIK
0001487428
Accession
0001437749-26-014916
Form type
10-Q
Period
2026-03-31