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HCF

NEXPOINT CREDIT STRATEGIES FUND
HCF

Delisted

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.

New
Increased
Maintained
Reduced
Closed

13% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 15

7% less funds holding

Funds holding: 5450 (-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)

Holders
50
Holders Change
-4
Holders Change %
-7.41%
% of All Funds
1.4%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
17
Reduced
15
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$19.8M +$2.29M +400,174 +13%
AAM
2
Advisors Asset Management
Colorado
$17.2M -$4.88M -850,839 -22%
HCMT
3
Highland Capital Management (Texas)
Texas
$12.1M -$18.9M -3,304,848 -61%
RCM
4
Rivernorth Capital Management
Florida
$11M +$518K +90,509 +5%
Loomis, Sayles & Company
5
Loomis, Sayles & Company
Massachusetts
$7.8M
PPA
6
Parametric Portfolio Associates
Washington
$7.79M -$380K -66,472 -5%
KIM
7
Karpus Investment Management
New York
$7.37M +$1.27M +221,818 +21%
Bessemer Group
8
Bessemer Group
New Jersey
$6.82M +$1.96M +342,503 +40%
GC
9
Guggenheim Capital
Illinois
$6.05M -$2.43M -424,330 -29%
Wells Fargo
10
Wells Fargo
California
$4.23M -$1.13M -197,461 -21%
COLIM
11
City of London Investment Management
United Kingdom
$3.35M +$1.92M +335,025 +134%
RJA
12
Raymond James & Associates
Florida
$3.22M +$472K +82,491 +17%
Invesco
13
Invesco
Georgia
$2.03M -$252K -44,117 -11%
TFMS
14
Trust & Fiduciary Management Services
Massachusetts
$1.85M -$711K -124,330 -28%
UBS Group
15
UBS Group
Switzerland
$1.66M +$277K +48,430 +20%
Bank of America
16
Bank of America
North Carolina
$1.19M +$116K +20,220 +11%
CAN
17
Cetera Advisor Networks
California
$901K +$240K +42,126 +36%
CIA
18
Capital Investment Advisors
Georgia
$885K +$31.6K +5,524 +4%
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
$727K +$258 +45 +0%
BTS
20
BB&T Securities
Virginia
$660K +$255K +44,608 +63%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$620K +$492K +86,119 +385%
SIA
22
Sit Investment Associates
Minnesota
$515K +$515K +90,013 New
MHS
23
M Holdings Securities
Oregon
$447K +$146K +25,568 +49%
CL
24
CSS LLC
Illinois
$411K +$7.54K +1,316 +2%
OC
25
Oppenheimer & Co
New York
$352K +$120K +21,042 +52%

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.