We are live on ! Find out more
HFRO

Highland Opportunities and Income Fund
HFRO

70 hedge funds and large institutions have $401M invested in Highland Opportunities and Income Fund in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 21 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 6

17% more funds holding in top 10

Funds holding in top 10: 6 → 7 (+1)

4% more funds holding

Funds holding: 67 → 70 (+3)

5% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 21

0.16% less ownership

Funds ownership: 36.33% → 36.17% (-0.16%)

2% less capital invested

Capital invested by funds: $408M → $401M (-$7.05M)

Holders
70
Holders Change
+3
Holders Change %
+4.48%
% of All Funds
1.6%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.16%
New
9
Increased
22
Reduced
21
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
UCFA
United Capital Financial Advisors
Texas
+$3.63M
2
RCM
Rivernorth Capital Management
Florida
+$2.61M
3
UFM
Ursa Fund Management
California
+$821K
4
BFM
Boothbay Fund Management
New York
+$735K
5
JG
Jefferies Group
New York
+$659K

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$4.38M
2
BCIM
Burford Capital Investment Management
Illinois
-$3.55M
3
FA
FDx Advisors
Illinois
-$1.72M
4
Wells Fargo
Wells Fargo
California
-$990K
5
ICM
Ionic Capital Management
New York
-$973K
Name Holding Trade Value Shares
Change 		Change in
Stake
BFM
26
Boothbay Fund Management
New York
$1.73M +$735K +46,705 +72%
JG
27
Jefferies Group
New York
$1.72M +$659K +41,854 +60%
RJFSA
28
Raymond James Financial Services Advisors
Florida
$1.52M +$186K +11,840 +14%
PWPS
29
Pinnacle Wealth Planning Services
Ohio
$1.22M -$45.6K -2,899 -4%
OC
30
Oppenheimer & Co
New York
$1.19M -$169K -10,734 -12%
SPIA
31
Steward Partners Investment Advisory
New York
$1.11M +$31.5K +2,000 +3%
HCMT
32
Highland Capital Management (Texas)
Texas
$1M – – –
Commonwealth Equity Services
33
Commonwealth Equity Services
Massachusetts
$742K -$53.8K -3,419 -7%
LTFS
34
Ladenburg Thalmann Financial Services
Florida
$710K -$413K -26,257 -36%
BTS
35
BB&T Securities
Virginia
$499K -$10.9K -693 -2%
PWAP
36
Private Wealth Advisors (Pennsylvania)
Pennsylvania
$451K – – –
SI
37
Stephens Inc
Arkansas
$421K +$17.3K +1,100 +4%
CWS
38
Cypress Wealth Services
California
$394K – – –
PAG
39
Private Advisor Group
New Jersey
$347K +$354K +22,481 New
CCP
40
Clough Capital Partners
Massachusetts
$343K – – –
BRWA
41
B. Riley Wealth Advisors
Florida
$322K -$302K -19,221 -48%
Koshinski Asset Management
42
Koshinski Asset Management
Illinois
$307K +$313K +19,896 New
HighTower Advisors
43
HighTower Advisors
Illinois
$292K -$30.6K -1,942 -9%
CFA
44
Carroll Financial Associates
North Carolina
$256K – – –
MML Investors Services
45
MML Investors Services
Massachusetts
$242K +$247K +15,721 New
UBS Group
46
UBS Group
Switzerland
$225K -$94 -6 -0%
Stifel Financial
47
Stifel Financial
Missouri
$195K +$12.7K +809 +7%
Millennium Management
48
Millennium Management
New York
$182K +$186K +11,800 New
FA
49
FDx Advisors
Illinois
$174K -$1.72M -109,348 -91%
RJT
50
Raymond James Trust
Florida
$155K – – –
1
2
3 4

HFRO Hedge Fund Activity: Q3 2018 in Review

70 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q3 2018, worth a combined $401M — down 1.7% from $408M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new HFRO positions and 6 closed out — a net gain of 3 holders — while 22 added to existing stakes and 21 trimmed.

The largest buyer was United Capital Financial Advisors, adding an estimated $3.63M. The largest seller was Morgan Stanley, cutting an estimated $4.38M.

  • 70 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q3 2018, up from 67 in Q2 2018.
  • Funds reported $401M of Highland Opportunities and Income Fund stock for Q3 2018, down 1.7% quarter-over-quarter.
  • 9 funds opened new Highland Opportunities and Income Fund positions in Q3 2018 and 6 closed out, a net change of +3 holders.
  • The largest Highland Opportunities and Income Fund buyer in Q3 2018 was United Capital Financial Advisors, an estimated $3.63M added.
  • The largest Highland Opportunities and Income Fund seller in Q3 2018 was Morgan Stanley, an estimated $4.38M sold.

Based on aggregated 13F filings for Q3 2018.