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HCF

NEXPOINT CREDIT STRATEGIES FUND
HCF

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 12 (+1)

45% more capital invested

Capital invested by funds: $140M → $203M (+$63M)

36% more funds holding

Funds holding: 3953 (+14)

7% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 14

Holders
53
Holders Change
+14
Holders Change %
+35.9%
% of All Funds
1.54%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
17
Increased
13
Reduced
14
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Advisors Asset Management
Colorado
$60.6M +$4.82M +511,536 +9%
Morgan Stanley
2
Morgan Stanley
New York
$22.4M -$1.55M -164,935 -6%
RCM
3
Rivernorth Capital Management
Florida
$18M +$1.89M +201,132 +12%
GC
4
Guggenheim Capital
Illinois
$13.6M -$293K -31,119 -2%
HCMT
5
Highland Capital Management (Texas)
Texas
$13M +$2.1M +222,670 +19%
Loomis, Sayles & Company
6
Loomis, Sayles & Company
Massachusetts
$12.8M
RCM
7
Robinson Capital Management
Michigan
$12M +$12M +1,520,440 New
PPA
8
Parametric Portfolio Associates
Washington
$9.62M -$750K -79,627 -7%
Wells Fargo
9
Wells Fargo
California
$7.89M -$308K -32,695 -4%
RVP
10
Relative Value Partners
Illinois
$5.8M -$382K -40,557 -6%
Invesco
11
Invesco
Georgia
$3.43M -$4.11M -436,654 -55%
Bessemer Group
12
Bessemer Group
New Jersey
$2.83M +$2.83M +300,000 New
U
13
UBS
Switzerland
$2.53M +$647K +68,706 +34%
BNP Paribas Financial Markets
14
BNP Paribas Financial Markets
France
$2.39M +$2.39M +254,122 New
KIM
15
Karpus Investment Management
New York
$2.18M +$2.18M +231,805 New
SCM
16
Saba Capital Management
New York
$2.16M +$1.92M +203,731 +805%
NCM
17
Newgate Capital Management
Connecticut
$1.91M +$1.91M +202,555 New
CIA
18
Capital Investment Advisors
Georgia
$1.77M +$1.77M +187,753 New
SG Americas Securities
19
SG Americas Securities
New York
$1.51M +$1.51M +160,402 New
JG
20
Jefferies Group
New York
$1.08M +$1.08M +114,790 New
VFS
21
VSR Financial Services
Kansas
$900K +$34.2K +3,630 +4%
TJHA
22
Thomas J. Herzfeld Advisors
Florida
$533K +$533K +56,625 New
LPL Financial
23
LPL Financial
California
$498K -$83.4K -8,848 -14%
Jane Street
24
Jane Street
New York
$456K +$280K +29,735 +160%
TRCT
25
Tower Research Capital (TRC)
New York
$306K +$180K +19,068 +143%

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.