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HERZ

Herzfeld Credit Income Fund

21 hedge funds and large institutions have $4.69M invested in Herzfeld Credit Income Fund in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 4

11% more funds holding

Funds holding: 1921 (+2)

2% more capital invested

Capital invested by funds: $4.59M → $4.69M (+$96K)

20% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 5

Holders
21
Holders Change
+2
Holders Change %
+10.53%
% of All Funds
0.56%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
4
Reduced
5
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TJHA
1
Thomas J. Herzfeld Advisors
Florida
$2.96M +$18.2K +373 +0.7%
LPL Financial
2
LPL Financial
California
$468K -$356K -7,280 -46%
DA
3
Doliver Advisors
Texas
$196K +$176K +3,609 New
VKH
4
Virtu KCG Holdings
New York
$164K +$148K +3,021 New
RJA
5
Raymond James & Associates
Florida
$143K +$129K +2,635 New
TC
6
TFS Capital
Pennsylvania
$128K +$115K +2,358 New
BA
7
Bennicas & Associates
California
$123K
CLOS
8
Compagnie Lombard Odier SCmA
Switzerland
$114K +$2.54K +52 +3%
Carson Wealth (CWM LLC)
9
Carson Wealth (CWM LLC)
Nebraska
$84K +$75.6K +1,546 New
Morgan Stanley
10
Morgan Stanley
New York
$77K -$3.62K -74 -5%
Bank of America
11
Bank of America
North Carolina
$56K -$42.7K -874 -46%
Creative Planning
12
Creative Planning
Kansas
$53K
LTFS
13
Ladenburg Thalmann Financial Services
Florida
$27K +$23.3K +477 +1,767%
Wells Fargo
14
Wells Fargo
California
$21K -$8.9K -182 -32%
SSB
15
Sandy Spring Bank
Maryland
$19K
US Bancorp
16
US Bancorp
Minnesota
$15K
UBS Group
17
UBS Group
Switzerland
$14K -$17.5K -358 -58%
Citigroup
18
Citigroup
New York
$7K
Deutsche Bank
19
Deutsche Bank
Germany
$7K
KTC
20
Kistler-Tiffany Companies
Pennsylvania
$5K +$98 +2 +2%
GWM
21
Geneos Wealth Management
Colorado
$1K +$1.27K +26 New
IA
22
IFP Advisors
Florida
-$244K -4,760 Closed
FAM
23
Formidable Asset Management
Ohio
-$99K -1,933 Closed
UFA
24
US Financial Advisors
Massachusetts
-$80K -1,546 Closed
TRCT
25
Tower Research Capital (TRC)
New York
-$1K -12 Closed

HERZ Hedge Fund Activity: Q1 2016 in Review

21 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Herzfeld Credit Income Fund (HERZ) for Q1 2016, worth a combined $4.69M — up 2.1% from $4.59M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new HERZ positions and 4 closed out — a net gain of 2 holders — while 4 added to existing stakes and 5 trimmed.

The largest buyer was Doliver Advisors, opening a new position worth an estimated $176K. The largest seller was LPL Financial, cutting an estimated $356K.

  • 21 institutional investors held Herzfeld Credit Income Fund (HERZ) as of Q1 2016, up from 19 in Q4 2015.
  • Funds reported $4.69M of Herzfeld Credit Income Fund stock for Q1 2016, up 2.1% quarter-over-quarter.
  • 6 funds opened new Herzfeld Credit Income Fund positions in Q1 2016 and 4 closed out, a net change of +2 holders.
  • The largest Herzfeld Credit Income Fund buyer in Q1 2016 was Doliver Advisors, an estimated $176K added.
  • The largest Herzfeld Credit Income Fund seller in Q1 2016 was LPL Financial, an estimated $356K sold.

Based on aggregated 13F filings for Q1 2016.