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HERZ

Herzfeld Credit Income Fund

20 hedge funds and large institutions have $4.09M invested in Herzfeld Credit Income Fund in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% less funds holding

Funds holding: 2120 (-1)

13% less capital invested

Capital invested by funds: $4.69M → $4.09M (-$600K)

20% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 5

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

Holders
20
Holders Change
-1
Holders Change %
-4.76%
% of All Funds
0.53%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
4
Reduced
5
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TJHA
1
Thomas J. Herzfeld Advisors
Florida
$2.58M
DA
2
Doliver Advisors
Texas
$581K +$436K +8,632 +239%
LPL Financial
3
LPL Financial
California
$204K -$214K -4,227 -49%
RJA
4
Raymond James & Associates
Florida
$168K +$46.2K +915 +35%
BA
5
Bennicas & Associates
California
$107K
CLOS
6
Compagnie Lombard Odier SCmA
Switzerland
$102K
Carson Wealth (CWM LLC)
7
Carson Wealth (CWM LLC)
Nebraska
$62K -$12.3K -244 -16%
Morgan Stanley
8
Morgan Stanley
New York
$53K -$15.2K -301 -21%
Creative Planning
9
Creative Planning
Kansas
$46K +$455 +9 +0.9%
Bank of America
10
Bank of America
North Carolina
$42K -$6.97K -138 -13%
IA
11
IFP Advisors
Florida
$39K +$41.8K +828 New
LTFS
12
Ladenburg Thalmann Financial Services
Florida
$24K
UBS Group
13
UBS Group
Switzerland
$22K +$10.9K +215 +82%
SSB
14
Sandy Spring Bank
Maryland
$16K
US Bancorp
15
US Bancorp
Minnesota
$13K
Citigroup
16
Citigroup
New York
$6K
Deutsche Bank
17
Deutsche Bank
Germany
$6K
KTC
18
Kistler-Tiffany Companies
Pennsylvania
$5K
TRCT
19
Tower Research Capital (TRC)
New York
$4K +$3.89K +77 New
Wells Fargo
20
Wells Fargo
California
$2K -$16.9K -335 -87%
VKH
21
Virtu KCG Holdings
New York
-$164K -3,021 Closed
TC
22
TFS Capital
Pennsylvania
-$128K -2,358 Closed
GWM
23
Geneos Wealth Management
Colorado
-$1K -26 Closed

HERZ Hedge Fund Activity: Q2 2016 in Review

20 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Herzfeld Credit Income Fund (HERZ) for Q2 2016, worth a combined $4.09M — down 13% from $4.69M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of HERZ and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 4 added.

The largest buyer was Doliver Advisors, adding an estimated $436K. The largest seller was LPL Financial, cutting an estimated $214K.

  • 20 institutional investors held Herzfeld Credit Income Fund (HERZ) as of Q2 2016, down from 21 in Q1 2016.
  • Funds reported $4.09M of Herzfeld Credit Income Fund stock for Q2 2016, down 13% quarter-over-quarter.
  • 2 funds opened new Herzfeld Credit Income Fund positions in Q2 2016 and 3 closed out, a net change of -1 holder.
  • The largest Herzfeld Credit Income Fund buyer in Q2 2016 was Doliver Advisors, an estimated $436K added.
  • The largest Herzfeld Credit Income Fund seller in Q2 2016 was LPL Financial, an estimated $214K sold.

Based on aggregated 13F filings for Q2 2016.