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HFRO

Highland Opportunities and Income Fund

98 hedge funds and large institutions have $245M invested in Highland Opportunities and Income Fund in 2020 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 40 increasing their positions, 26 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

54% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 26

5% less capital invested

Capital invested by funds: $257M → $245M (-$12.4M)

4.52% less ownership

Funds ownership: 44.45%39.93% (-4.5%)

6% less funds holding

Funds holding: 10498 (-6)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

35% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 17

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $140K

Holders
98
Holders Change
-6
Holders Change %
-5.77%
% of All Funds
1.98%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.12%
New
11
Increased
40
Reduced
26
Closed
17
Calls
Puts
$140K
Net Calls
-$140K
Net Calls Change
-$140K
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
26
LPL Financial
California
$2.36M +$86.4K +10,252 +4%
Envestnet Asset Management
27
Envestnet Asset Management
Illinois
$2.27M +$582K +69,144 +36%
ICM
28
Ionic Capital Management
New York
$2.15M +$507K +60,216 +32%
Commonwealth Equity Services
29
Commonwealth Equity Services
Massachusetts
$2.08M +$217K +25,794 +12%
CL
30
CSS LLC
Illinois
$2M -$561K -66,641 -22%
AC
31
Aristides Capital
Kentucky
$1.97M -$282K -33,452 -13%
YCM
32
Yakira Capital Management
Connecticut
$1.41M +$79.7K +9,463 +6%
SPC
33
Sigma Planning Corp
Michigan
$1.28M +$492K +58,391 +64%
6M
34
6 Meridian
Kansas
$1.13M -$54.5K -6,467 -5%
Qube Research & Technologies (QRT)
35
Qube Research & Technologies (QRT)
United Kingdom
$918K
AWA
36
Arete Wealth Advisors
Illinois
$838K -$2.09M -247,888 -72%
Truist Financial
37
Truist Financial
North Carolina
$770K +$10.6K +1,258 +1%
COLIM
38
City of London Investment Management
United Kingdom
$693K -$6.27M -744,423 -90%
Ameriprise
39
Ameriprise
Minnesota
$682K +$669K +79,426 New
KWM
40
Kingsview Wealth Management
Oregon
$677K +$117K +13,939 +21%
OFG
41
OTA Financial Group
New York
$612K +$98.2K +11,659 +20%
PAM
42
Peak Asset Management
Colorado
$596K +$25.3K +3,000 +5%
CFA
43
Carroll Financial Associates
North Carolina
$574K +$5.05K +600 +0.9%
ASN
44
Advisory Services Network
Georgia
$463K +$9.64K +1,145 +2%
KPWG
45
KFA Private Wealth Group
Virginia
$447K -$45.4K -5,395 -9%
CAN
46
Cetera Advisor Networks
California
$413K -$34K -4,036 -8%
MSL
47
Mackay Shields LLC
New York
$401K
SPIA
48
Steward Partners Investment Advisory
New York
$368K -$85.9K -10,199 -19%
SS
49
Sunbelt Securities
Texas
$340K -$74K -8,782 -18%
APWA
50
Atlas Private Wealth Advisors
New Jersey
$336K -$132K -15,695 -29%

HFRO Hedge Fund Activity: Q3 2020 in Review

98 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q3 2020, worth a combined $245M — down 4.8% from $257M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of HFRO and 11 opened new positions — a net loss of 6 holders — while 26 trimmed existing stakes and 40 added.

The largest buyer was Invesco, adding an estimated $11.3M. The largest seller was Rivernorth Capital Management, cutting an estimated $17.9M.

  • 98 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q3 2020, down from 104 in Q2 2020.
  • Funds reported $245M of Highland Opportunities and Income Fund stock for Q3 2020, down 4.8% quarter-over-quarter.
  • 11 funds opened new Highland Opportunities and Income Fund positions in Q3 2020 and 17 closed out, a net change of -6 holders.
  • The largest Highland Opportunities and Income Fund buyer in Q3 2020 was Invesco, an estimated $11.3M added.
  • The largest Highland Opportunities and Income Fund seller in Q3 2020 was Rivernorth Capital Management, an estimated $17.9M sold.

Based on aggregated 13F filings for Q3 2020.