NEXPOINT CREDIT STRATEGIES FUND
HCF
HCF was delisted on the 7th of September, 2012.
50 hedge funds and large institutions have $120M invested in NEXPOINT CREDIT STRATEGIES FUND in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 12 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
7% less funds holding
Funds holding: 54 → 50 (-4)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
33% less capital invested
Capital invested by funds: $181M → $120M (-$60.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.29M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$1.96M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.92M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.27M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$518K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$18.9M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$4.88M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.43M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.32M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KWMG
51
King Wealth Management Group
Naples,
Florida
| – | -$123K | -16,750 | Closed |
|
|
VKH
52
Virtu KCG Holdings
New York
| – | -$119K | -16,302 | Closed |
|
53
Citadel Advisors
Miami,
Florida
| – | -$86K | -11,713 | Closed |
|
54
Creative Planning
Overland Park,
Kansas
| – | -$78K | -10,644 | Closed |
|
|
S
55
SignatureFD
Atlanta,
Georgia
| – | -$55K | -7,500 | Closed |
|
|
PAM
56
Panagora Asset Management
Boston,
Massachusetts
| – | -$40K | -5,489 | Closed |
|
|
MA
57
MUFG Americas
New York
| – | -$31K | -4,266 | Closed |
|
|
GWS
58
Glassman Wealth Services
Vienna,
Virginia
| – | -$25K | -3,413 | Closed |
|
HCF Hedge Fund Activity: Q3 2015 in Review
50 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in NEXPOINT CREDIT STRATEGIES FUND (HCF) for Q3 2015, worth a combined $120M — down 33% from $181M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of HCF and 8 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 17 added.
The largest buyer was Morgan Stanley, adding an estimated $2.29M. The largest seller was Highland Capital Management (Texas), cutting an estimated $18.9M.
- 50 institutional investors held NEXPOINT CREDIT STRATEGIES FUND (HCF) as of Q3 2015, down from 54 in Q2 2015.
- Funds reported $120M of NEXPOINT CREDIT STRATEGIES FUND stock for Q3 2015, down 33% quarter-over-quarter.
- 8 funds opened new NEXPOINT CREDIT STRATEGIES FUND positions in Q3 2015 and 12 closed out, a net change of -4 holders.
- The largest NEXPOINT CREDIT STRATEGIES FUND buyer in Q3 2015 was Morgan Stanley, an estimated $2.29M added.
- The largest NEXPOINT CREDIT STRATEGIES FUND seller in Q3 2015 was Highland Capital Management (Texas), an estimated $18.9M sold.
Based on aggregated 13F filings for Q3 2015.