Highland Opportunities and Income Fund
HFRO
106 hedge funds and large institutions have $202M invested in Highland Opportunities and Income Fund in 2024 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 42 increasing their positions, 26 reducing their positions, and 15 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 26
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
27% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 15
3% more funds holding
Funds holding: 103 → 106 (+3)
2.28% less ownership
Funds ownership: 44.55% → 42.26% (-2.3%)
13% less capital invested
Capital invested by funds: $233M → $202M (-$30.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$10.3M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$3.86M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$3.6M |
| 4 |
CL
Choreo LLC
Rockford,
Illinois
|
+$2.21M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$35.8M |
| 2 |
ARC
Advisor Resource Council
Dallas,
Texas
|
-$1.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.64M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.32M |
| 5 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$1.09M |
HFRO Hedge Fund Activity: Q1 2024 in Review
106 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q1 2024, worth a combined $202M — down 13% from $233M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new HFRO positions and 15 closed out — a net gain of 4 holders — while 42 added to existing stakes and 26 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $10.3M. The largest seller was Morgan Stanley, cutting an estimated $35.8M.
- 106 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q1 2024, up from 103 in Q4 2023.
- Funds reported $202M of Highland Opportunities and Income Fund stock for Q1 2024, down 13% quarter-over-quarter.
- 19 funds opened new Highland Opportunities and Income Fund positions in Q1 2024 and 15 closed out, a net change of +4 holders.
- The largest Highland Opportunities and Income Fund buyer in Q1 2024 was Raymond James & Associates, an estimated $10.3M added.
- The largest Highland Opportunities and Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $35.8M sold.
Based on aggregated 13F filings for Q1 2024.