Emerging Markets Horizon (HORI)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	38.51 k	38.51 k	38.51 k	38.51 k		38.51 k
Cash burn (monthly)	2.28 k	28.02 k	(no burn)	(no burn)		10.70 k
Cash used (since last report)	61.01 k	750.79 k	n/a	n/a		286.69 k
Cash remaining	-22.50 k	-712.28 k	n/a	n/a		-248.19 k
Runway (months of cash)	-9.9	-25.4	n/a	n/a		-23.2

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2023

HORI institutional ownership history Ownership history

29.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	3	54	-94.4%
Opened positions	0	5	EXIT
Closed positions	51	5	+920.0%
Increased positions	0	8	EXIT
Reduced positions	0	5	EXIT

13F shares	Current	Prev Q	Change
Total value	0.00	119.96 bn	EXIT
Total shares	10.65 mm	36.32 mm	-70.7%
Total puts	0.00	0.00
Total calls	0.00	390.00 k	EXIT
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Horizon Investments EM	7.15 mm	$0.00	0.0%
PIK Invest	2.00 mm	$0.00	0.0%
LF Group DMCC	1.50 mm	$0.00	0.0%
New Emerging Markets Horizon	0.00	$0.00	EXIT

Largest transactions	Bought/sold	Change
New Emerging Markets Horizon	-7.15 mm	EXIT
Saba Capital Management	-2.61 mm	EXIT
Calamos Advisors	-1.12 mm	EXIT
Polar Asset Management Partners	-894.99 k	EXIT
Karpus Management	-855.27 k	EXIT
CNH Partners	-788.58 k	EXIT
Millennium Management	-780.00 k	EXIT
Falcon Edge Capital	-757.25 k	EXIT
Shaolin Capital Management	-736.08 k	EXIT
Dark Forest Capital Management	-701.21 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.