NEXPOINT CREDIT STRATEGIES FUND
HCF
HCF was delisted on the 7th of September, 2012.
54 hedge funds and large institutions have $277M invested in NEXPOINT CREDIT STRATEGIES FUND in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 12 reducing their positions, and 7 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 12
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
20% more capital invested
Capital invested by funds: $232M → $277M (+$45.8M)
4% more funds holding
Funds holding: 52 → 54 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$30.8M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$3.3M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$2.44M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.33M |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$7.98M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.85M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.03M |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$750K |
| 5 |
PSI
Pinnacle Summer Investments
Fairfax,
Virginia
|
-$682K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BRWA
51
B. Riley Wealth Advisors
Boca Raton,
Florida
| $73 | -$51 | -4,544 | -41% |
|
|
FFA
52
First Foundation Advisors
Irvine,
California
| – | -$750K | -70,666 | Closed |
|
53
Jane Street
New York
| – | -$532K | -50,131 | Closed |
|
|
VFS
54
VSR Financial Services
Overland Park,
Kansas
| – | -$365K | -34,374 | Closed |
|
|
PMFA
55
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$169K | -15,900 | Closed |
|
56
Barclays
London,
United Kingdom
| – | -$13K | -1,250 | Closed |
|
|
NFG
57
Next Financial Group
Houston,
Texas
| – | -$11K | -1,000 | Closed |
|
|
TRCT
58
Tower Research Capital (TRC)
New York
| – | -$3K | -300 | Closed |
|
HCF Hedge Fund Activity: Q4 2014 in Review
54 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in NEXPOINT CREDIT STRATEGIES FUND (HCF) for Q4 2014, worth a combined $277M — up 20% from $232M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new HCF positions and 7 closed out — a net gain of 4 holders — while 24 added to existing stakes and 12 trimmed.
The largest buyer was Highland Capital Management (Texas), adding an estimated $30.8M. The largest seller was Advisors Asset Management, cutting an estimated $7.98M.
- 54 institutional investors held NEXPOINT CREDIT STRATEGIES FUND (HCF) as of Q4 2014, up from 52 in Q3 2014.
- Funds reported $277M of NEXPOINT CREDIT STRATEGIES FUND stock for Q4 2014, up 20% quarter-over-quarter.
- 11 funds opened new NEXPOINT CREDIT STRATEGIES FUND positions in Q4 2014 and 7 closed out, a net change of +4 holders.
- The largest NEXPOINT CREDIT STRATEGIES FUND buyer in Q4 2014 was Highland Capital Management (Texas), an estimated $30.8M added.
- The largest NEXPOINT CREDIT STRATEGIES FUND seller in Q4 2014 was Advisors Asset Management, an estimated $7.98M sold.
Based on aggregated 13F filings for Q4 2014.