Herzfeld Credit Income Fund
HERZ
16 hedge funds and large institutions have $22.8M invested in Herzfeld Credit Income Fund in 2025 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 12 closing their positions.
64% more capital invested
Capital invested by funds: $13.9M → $22.8M (+$8.92M)
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
1.65% more ownership
Funds ownership: 3.77% → 5.43% (+1.7%)
36% less funds holding
Funds holding: 25 → 16 (-9)
75% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$8.81M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.35M |
| 3 |
CL
Choreo LLC
Rockford,
Illinois
|
+$1.35M |
| 4 |
XT
XTX Topco
George Town,
Cayman Islands
|
+$39.7K |
| 5 |
Jane Street
New York
|
+$27.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$2.31M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
-$1.52M |
| 3 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
-$1.28M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$649K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$290K |
HERZ Hedge Fund Activity: Q1 2025 in Review
16 of the 7,461 institutional investors tracked by Wall St. Rank reported a position in Herzfeld Credit Income Fund (HERZ) for Q1 2025, worth a combined $22.8M — up 64% from $13.9M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of HERZ and 3 opened new positions — a net loss of 9 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $8.81M. The largest seller was Matisse Capital, exiting entirely with an estimated $2.31M sold.
- 16 institutional investors held Herzfeld Credit Income Fund (HERZ) as of Q1 2025, down from 25 in Q4 2024.
- Funds reported $22.8M of Herzfeld Credit Income Fund stock for Q1 2025, up 64% quarter-over-quarter.
- 3 funds opened new Herzfeld Credit Income Fund positions in Q1 2025 and 12 closed out, a net change of -9 holders.
- The largest Herzfeld Credit Income Fund buyer in Q1 2025 was Thomas J. Herzfeld Advisors, an estimated $8.81M added.
- The largest Herzfeld Credit Income Fund seller in Q1 2025 was Matisse Capital, an estimated $2.31M sold.
Based on aggregated 13F filings for Q1 2025.