We are live on ! Find out more
HFRO

Highland Opportunities and Income Fund
HFRO

77 hedge funds and large institutions have $388M invested in Highland Opportunities and Income Fund in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 35 increasing their positions, 19 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

84% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 19

22% more funds holding in top 10

Funds holding in top 10: 9 → 11 (+2)

1.76% more ownership

Funds ownership: 41.7% → 43.47% (+1.8%)

5% less funds holding

Funds holding: 81 → 77 (-4)

7% less capital invested

Capital invested by funds: $416M → $388M (-$27.6M)

20% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 10

Holders
77
Holders Change
-4
Holders Change %
-4.94%
% of All Funds
1.67%
Holding in Top 10
11
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+22.22%
% of All Funds
0.24%
New
8
Increased
35
Reduced
19
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$5.01M
2
Invesco
Invesco
Georgia
+$2.65M
3
AC
Antara Capital
New York
+$2.27M
4
AC
Almitas Capital
California
+$2.26M
5
BPCM
Beach Point Capital Management
California
+$2.18M

Top Sellers

Rank Fund Capital Flow
1
M
MRCap
New York
-$2.7M
2
Morgan Stanley
Morgan Stanley
New York
-$1.59M
3
VAS
VR Advisory Services
Cayman Islands
-$1.51M
4
ICM
Ionic Capital Management
New York
-$1.16M
5
UCFA
United Capital Financial Advisors
Texas
-$908K
Name Holding Trade Value Shares
Change 		Change in
Stake
M
26
MRCap
New York
$2.77M -$2.7M -200,000 -50%
NRCM
27
Northern Right Capital Management
Connecticut
$2.73M +$1.52M +112,518 +132%
CL
28
CSS LLC
Illinois
$2.71M +$74.4K +5,513 +3%
VAS
29
VR Advisory Services
Cayman Islands
$2.6M -$1.51M -111,808 -37%
Envestnet Asset Management
30
Envestnet Asset Management
Illinois
$2.26M -$83.6K -6,194 -4%
SPC
31
Sigma Planning Corp
Michigan
$2.1M -$26.9K -1,990 -1%
CC
32
Centiva Capital
New York
$2.04M +$800K +59,290 +67%
OC
33
Oppenheimer & Co
New York
$1.66M +$62.9K +4,657 +4%
JG
34
Jefferies Group
New York
$1.65M -$22.6K -1,677 -1%
CP
35
Camelot Portfolios
Ohio
$1.38M +$95.1K +7,046 +8%
Commonwealth Equity Services
36
Commonwealth Equity Services
Massachusetts
$1.26M +$294K +21,769 +31%
SPIA
37
Steward Partners Investment Advisory
New York
$1.21M +$217K +16,075 +23%
CBFP
38
Cedar Brook Financial Partners
Ohio
$1.19M -$97.8K -7,242 -8%
PWPS
39
Pinnacle Wealth Planning Services
Ohio
$1.07M -$23.9K -1,773 -2%
LTFS
40
Ladenburg Thalmann Financial Services
Florida
$1.03M +$108K +7,997 +12%
HCMT
41
Highland Capital Management (Texas)
Texas
$900K – – –
SS
42
Sunbelt Securities
Texas
$895K -$453K -33,524 -34%
WAM
43
Weiss Asset Management
Massachusetts
$877K +$855K +63,332 New
BFM
44
Boothbay Fund Management
New York
$764K – – –
MC
45
Matisse Capital
Oregon
$763K +$745K +55,149 New
RJFSA
46
Raymond James Financial Services Advisors
Florida
$709K -$10.8K -800 -2%
CFA
47
Carroll Financial Associates
North Carolina
$540K +$21.3K +1,580 +4%
FAAS
48
First Allied Advisory Services
California
$446K -$23.8K -1,765 -5%
Stifel Financial
49
Stifel Financial
Missouri
$422K +$151K +11,198 +58%
PWAP
50
Private Wealth Advisors (Pennsylvania)
Pennsylvania
$405K – – –
1
2
3 4

HFRO Hedge Fund Activity: Q2 2019 in Review

77 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q2 2019, worth a combined $388M — down 6.6% from $416M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of HFRO and 8 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 35 added.

The largest buyer was BlackRock, adding an estimated $5.01M. The largest seller was MRCap, cutting an estimated $2.7M.

  • 77 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q2 2019, down from 81 in Q1 2019.
  • Funds reported $388M of Highland Opportunities and Income Fund stock for Q2 2019, down 6.6% quarter-over-quarter.
  • 8 funds opened new Highland Opportunities and Income Fund positions in Q2 2019 and 10 closed out, a net change of -2 holders.
  • The largest Highland Opportunities and Income Fund buyer in Q2 2019 was BlackRock, an estimated $5.01M added.
  • The largest Highland Opportunities and Income Fund seller in Q2 2019 was MRCap, an estimated $2.7M sold.

Based on aggregated 13F filings for Q2 2019.