NEXPOINT CREDIT STRATEGIES FUND
HCF
HCF was delisted on the 7th of September, 2012.
52 hedge funds and large institutions have $232M invested in NEXPOINT CREDIT STRATEGIES FUND in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 10 reducing their positions, and 4 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 10
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
8% more funds holding
Funds holding: 48 → 52 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less capital invested
Capital invested by funds: $246M → $232M (-$14.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFMS
Trust & Fiduciary Management Services
Boston,
Massachusetts
|
+$4.63M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.23M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.87M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.47M |
| 5 |
Morgan Stanley
New York
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$627K |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$516K |
| 3 |
SCM
Saba Capital Management
New York
|
-$509K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$457K |
| 5 |
B
Baird
Milwaukee,
Wisconsin
|
-$358K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $3K | +$2K | +200 | +200% |
|
|
HI
52
Hudock Inc
Williamsport,
Pennsylvania
| $1K | – | – | – |
|
|
N
53
Nuveen
Charlotte,
North Carolina
| – | -$309K | -25,600 | Closed |
|
54
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$121K | -10,000 | Closed |
|
|
PCM
55
Prelude Capital Management
New York
| – | -$88K | -7,257 | Closed |
|
|
GGPS
56
Gary Goldberg Planning Services
Suffern,
New York
| – | -$45K | -3,750 | Closed |
|
HCF Hedge Fund Activity: Q3 2014 in Review
52 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in NEXPOINT CREDIT STRATEGIES FUND (HCF) for Q3 2014, worth a combined $232M — down 6% from $246M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new HCF positions and 4 closed out — a net gain of 4 holders — while 24 added to existing stakes and 10 trimmed.
The largest buyer was Trust & Fiduciary Management Services, opening a new position worth an estimated $4.63M. The largest seller was UBS, cutting an estimated $627K.
- 52 institutional investors held NEXPOINT CREDIT STRATEGIES FUND (HCF) as of Q3 2014, up from 48 in Q2 2014.
- Funds reported $232M of NEXPOINT CREDIT STRATEGIES FUND stock for Q3 2014, down 6% quarter-over-quarter.
- 8 funds opened new NEXPOINT CREDIT STRATEGIES FUND positions in Q3 2014 and 4 closed out, a net change of +4 holders.
- The largest NEXPOINT CREDIT STRATEGIES FUND buyer in Q3 2014 was Trust & Fiduciary Management Services, an estimated $4.63M added.
- The largest NEXPOINT CREDIT STRATEGIES FUND seller in Q3 2014 was UBS, an estimated $627K sold.
Based on aggregated 13F filings for Q3 2014.