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HFRO

Highland Opportunities and Income Fund

99 hedge funds and large institutions have $264M invested in Highland Opportunities and Income Fund in 2020 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 32 increasing their positions, 34 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 18

8% more capital invested

Capital invested by funds: $245M → $264M (+$19.7M)

1% more funds holding

Funds holding: 9899 (+1)

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

6% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 34

4.14% less ownership

Funds ownership: 39.93%35.79% (-4.1%)

Holders
99
Holders Change
+1
Holders Change %
+1.02%
% of All Funds
1.75%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
21
Increased
32
Reduced
34
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CCP
26
Clough Capital Partners
Massachusetts
$2.75M -$1.02M -114,794 -30%
YCM
27
Yakira Capital Management
Connecticut
$1.99M +$260K +29,254 +18%
AC
28
Aristides Capital
Kentucky
$1.69M -$573K -64,460 -28%
6M
29
6 Meridian
Kansas
$1.3M -$48.8K -5,489 -4%
Qube Research & Technologies (QRT)
30
Qube Research & Technologies (QRT)
United Kingdom
$1.21M +$96.9K +10,900 +10%
PAM
31
Peak Asset Management
Colorado
$1.1M +$336K +37,751 +54%
Truist Financial
32
Truist Financial
North Carolina
$947K +$22.5K +2,534 +3%
AWA
33
Arete Wealth Advisors
Illinois
$945K -$38.9K -4,376 -5%
SPC
34
Sigma Planning Corp
Michigan
$931K -$522K -58,770 -39%
Koshinski Asset Management
35
Koshinski Asset Management
Illinois
$768K +$531K +59,709 +399%
KWM
36
Kingsview Wealth Management
Oregon
$720K -$78.9K -8,874 -11%
CFA
37
Carroll Financial Associates
North Carolina
$688K +$889 +100 +0.1%
OMC
38
Old Mission Capital
Illinois
$552K +$477K +53,700 New
SPIA
39
Steward Partners Investment Advisory
New York
$534K +$81.1K +9,123 +21%
AIP
40
Ahrens Investment Partners
Louisiana
$527K +$321K +36,100 +238%
HighTower Advisors
41
HighTower Advisors
Illinois
$459K +$399K +44,908 New
CL
42
CSS LLC
Illinois
$436K -$1.69M -190,070 -82%
Cetera Investment Advisers
43
Cetera Investment Advisers
Illinois
$435K +$377K +42,363 New
CAN
44
Cetera Advisor Networks
California
$374K -$104K -11,742 -24%
SS
45
Sunbelt Securities
Texas
$370K -$31.8K -3,574 -9%
IFG
46
Independent Financial Group
California
$352K +$9.33K +1,050 +3%
WT
47
Washington Trust
Rhode Island
$342K +$161K +18,150 +120%
KAS
48
Kestra Advisory Services
Texas
$320K +$56K +6,295 +25%
KPWG
49
KFA Private Wealth Group
Virginia
$315K -$190K -21,391 -41%
Bank of America
50
Bank of America
North Carolina
$312K +$225K +25,340 +506%

HFRO Hedge Fund Activity: Q4 2020 in Review

99 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q4 2020, worth a combined $264M — up 8.1% from $245M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new HFRO positions and 18 closed out — a net gain of 3 holders — while 32 added to existing stakes and 34 trimmed.

The largest buyer was Beach Point Capital Management, adding an estimated $17.6M. The largest seller was Davidson Kempner Capital Management, exiting entirely with an estimated $15.1M sold.

  • 99 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q4 2020, up from 98 in Q3 2020.
  • Funds reported $264M of Highland Opportunities and Income Fund stock for Q4 2020, up 8.1% quarter-over-quarter.
  • 21 funds opened new Highland Opportunities and Income Fund positions in Q4 2020 and 18 closed out, a net change of +3 holders.
  • The largest Highland Opportunities and Income Fund buyer in Q4 2020 was Beach Point Capital Management, an estimated $17.6M added.
  • The largest Highland Opportunities and Income Fund seller in Q4 2020 was Davidson Kempner Capital Management, an estimated $15.1M sold.

Based on aggregated 13F filings for Q4 2020.