Alpine Global Management’s Highland Opportunities and Income Fund HFRO Stock Holding History

Alpine Global Management’s Portfolio HFRO Stock Details HFRO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q1	–	Sell	-500,000	Closed	-$2.6M	–	189
2024 Q4	$2.6M	Hold	500,000	–	–	0.34%	54
2024 Q3	$3.06M	Buy	500,000 +200,000	+67%	+$1.22M	0.74%	34
2024 Q2	$1.88M	Buy	300,000 +148,964	+99%	+$956K	0.33%	63
2024 Q1	$1.06M	Buy	+151,036	New	+$1.02M	0.21%	94

Other funds holding HFRO

Raymond James Financial St Petersburg, Florida $324B AUM 22.36% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

TJHA

Thomas J. Herzfeld Advisors Miami Beach, Florida $294M AUM 2.62% 1-Year Est. Return

GWM

Geneos Wealth Management Englewood, Colorado $4.31B AUM 18.36% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Cambridge Investment Research Advisors Fairfield, Iowa $38.8B AUM 21.88% 1-Year Est. Return

NAM

Nexpoint Asset Management Dallas, Texas $1.49B AUM 61.08% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Alpine Global Management's HFRO Position: Q1 2025 in Review

Alpine Global Management sold out of Highland Opportunities and Income Fund (HFRO) in Q1 2025, closing a stake of 500,000 shares — an estimated $2.6M sold.

Alpine Global Management first reported a position in HFRO in Q1 2024 and held it in 4 quarters. The position peaked at $3.06M in Q3 2024. 95 funds tracked by Wall St. Rank hold HFRO as of Q1 2025.

Alpine Global Management reported no remaining Highland Opportunities and Income Fund position as of Q1 2025 after selling out during the quarter.
Alpine Global Management sold 500,000 Highland Opportunities and Income Fund shares in Q1 2025, an estimated $2.6M.
Alpine Global Management first reported a position in Highland Opportunities and Income Fund in Q1 2024 and held it in 4 quarters.
Alpine Global Management's Highland Opportunities and Income Fund position peaked at $3.06M in Q3 2024.
95 funds tracked by Wall St. Rank held Highland Opportunities and Income Fund as of Q1 2025.

Based on Alpine Global Management's 13F filing for Q1 2025, filed 15 May 2025.