Herzfeld Credit Income Fund
HERZ
23 hedge funds and large institutions have $14.5M invested in Herzfeld Credit Income Fund in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 13 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
5% more funds holding
Funds holding: 22 → 23 (+1)
6.99% less ownership
Funds ownership: 10.52% → 3.53% (-7%)
22% less capital invested
Capital invested by funds: $18.7M → $14.5M (-$4.17M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
77% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$824K |
| 2 |
QL
Quarry LP
New York
|
+$254K |
| 3 |
CAC
Cowen and Company
New York
|
+$236K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
+$223K |
| 5 |
Morgan Stanley
New York
|
+$57.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$2.02M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$784K |
| 3 |
CCC
Cable Car Capital
San Francisco,
California
|
-$630K |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$528K |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$402K |
HERZ Hedge Fund Activity: Q1 2024 in Review
23 of the 6,945 institutional investors tracked by Wall St. Rank reported a position in Herzfeld Credit Income Fund (HERZ) for Q1 2024, worth a combined $14.5M — down 22% from $18.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new HERZ positions and 6 closed out — a net gain of 1 holder — while 3 added to existing stakes and 13 trimmed.
The largest buyer was Absolute Investment Advisers, opening a new position worth an estimated $824K. The largest seller was Blue Bell Private Wealth Management, cutting an estimated $2.02M.
- 23 institutional investors held Herzfeld Credit Income Fund (HERZ) as of Q1 2024, up from 22 in Q4 2023.
- Funds reported $14.5M of Herzfeld Credit Income Fund stock for Q1 2024, down 22% quarter-over-quarter.
- 7 funds opened new Herzfeld Credit Income Fund positions in Q1 2024 and 6 closed out, a net change of +1 holder.
- The largest Herzfeld Credit Income Fund buyer in Q1 2024 was Absolute Investment Advisers, an estimated $824K added.
- The largest Herzfeld Credit Income Fund seller in Q1 2024 was Blue Bell Private Wealth Management, an estimated $2.02M sold.
Based on aggregated 13F filings for Q1 2024.