Highland Opportunities and Income Fund
HFRO
85 hedge funds and large institutions have $393M invested in Highland Opportunities and Income Fund in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 34 increasing their positions, 22 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
55% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 22
10% more funds holding
Funds holding: 77 → 85 (+8)
1.72% more ownership
Funds ownership: 43.47% → 45.19% (+1.7%)
1% more capital invested
Capital invested by funds: $388M → $393M (+$4.23M)
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$4.5M |
| 2 |
Morgan Stanley
New York
|
+$2.99M |
| 3 |
M
MRCap
Roslyn,
New York
|
+$2.88M |
| 4 |
UFM
Ursa Fund Management
Danville,
California
|
+$2.48M |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$2.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAS
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
|
-$2.6M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$1.89M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.88M |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.49M |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$640K |
HFRO Hedge Fund Activity: Q3 2019 in Review
85 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q3 2019, worth a combined $393M — up 1.1% from $388M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new HFRO positions and 4 closed out — a net gain of 9 holders — while 34 added to existing stakes and 22 trimmed.
The largest buyer was Punch & Associates Investment Management, opening a new position worth an estimated $4.5M. The largest seller was VR Advisory Services, exiting entirely with an estimated $2.6M sold.
- 85 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q3 2019, up from 77 in Q2 2019.
- Funds reported $393M of Highland Opportunities and Income Fund stock for Q3 2019, up 1.1% quarter-over-quarter.
- 13 funds opened new Highland Opportunities and Income Fund positions in Q3 2019 and 4 closed out, a net change of +9 holders.
- The largest Highland Opportunities and Income Fund buyer in Q3 2019 was Punch & Associates Investment Management, an estimated $4.5M added.
- The largest Highland Opportunities and Income Fund seller in Q3 2019 was VR Advisory Services, an estimated $2.6M sold.
Based on aggregated 13F filings for Q3 2019.