NEXPOINT CREDIT STRATEGIES FUND
HCF
HCF was delisted on the 7th of September, 2012.
53 hedge funds and large institutions have $203M invested in NEXPOINT CREDIT STRATEGIES FUND in 2013 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 3 closing their positions.
467% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 3
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
45% more capital invested
Capital invested by funds: $140M → $203M (+$63M)
36% more funds holding
Funds holding: 39 → 53 (+14)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$4.82M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$2.83M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$2.39M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.18M |
| 5 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$2.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$4.11M |
| 2 |
Morgan Stanley
New York
|
-$1.55M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$797K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$750K |
| 5 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
-$382K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PSI
51
Pinnacle Summer Investments
Fairfax,
Virginia
| $6K | – | – | – |
|
52
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $4K | +$1.4K | +161 | +54% |
|
53
US Bancorp
Minneapolis,
Minnesota
| $3K | +$2.17K | +217 | +261% |
|
|
HI
54
Hudock Inc
Williamsport,
Pennsylvania
| $1K | – | – | – |
|
|
FAAS
55
First Allied Advisory Services
San Diego,
California
| – | -$199K | -26,200 | Closed |
|
56
Comerica Bank
Dallas,
Texas
| – | -$120K | -15,587 | Closed |
|
57
Ameriprise
Minneapolis,
Minnesota
| – | -$25K | -3,250 | Closed |
|
HCF Hedge Fund Activity: Q4 2013 in Review
53 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in NEXPOINT CREDIT STRATEGIES FUND (HCF) for Q4 2013, worth a combined $203M — up 45% from $140M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new HCF positions and 3 closed out — a net gain of 14 holders — while 13 added to existing stakes and 14 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $4.82M. The largest seller was Invesco, cutting an estimated $4.11M.
- 53 institutional investors held NEXPOINT CREDIT STRATEGIES FUND (HCF) as of Q4 2013, up from 39 in Q3 2013.
- Funds reported $203M of NEXPOINT CREDIT STRATEGIES FUND stock for Q4 2013, up 45% quarter-over-quarter.
- 17 funds opened new NEXPOINT CREDIT STRATEGIES FUND positions in Q4 2013 and 3 closed out, a net change of +14 holders.
- The largest NEXPOINT CREDIT STRATEGIES FUND buyer in Q4 2013 was Advisors Asset Management, an estimated $4.82M added.
- The largest NEXPOINT CREDIT STRATEGIES FUND seller in Q4 2013 was Invesco, an estimated $4.11M sold.
Based on aggregated 13F filings for Q4 2013.