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HFRO

Highland Opportunities and Income Fund

104 hedge funds and large institutions have $403M invested in Highland Opportunities and Income Fund in 2019 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 30 increasing their positions, 27 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 10

22% more funds holding

Funds holding: 85104 (+19)

11% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 27

3% more capital invested

Capital invested by funds: $393M → $403M (+$10.7M)

0.05% less ownership

Funds ownership: 45.19%45.14% (-0.05%)

36% less funds holding in top 10

Funds holding in top 10: 117 (-4)

Holders
104
Holders Change
+19
Holders Change %
+22.35%
% of All Funds
2.05%
Holding in Top 10
7
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-36.36%
% of All Funds
0.14%
New
30
Increased
30
Reduced
27
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CCA
51
Cruiser Capital Advisors
Connecticut
$714K +$407K +33,801 +143%
AWA
52
Arete Wealth Advisors
Illinois
$700K -$7.29M -605,650 -91%
CFA
53
Carroll Financial Associates
North Carolina
$672K +$87.9K +7,303 +16%
HIM
54
Hanlon Investment Management
New Jersey
$626K +$124K +10,309 +26%
RJFSA
55
Raymond James Financial Services Advisors
Florida
$543K -$174K -14,464 -25%
Bank of America
56
Bank of America
North Carolina
$540K +$469K +38,954 +862%
MIG
57
Mariner Investment Group
New York
$497K +$481K +40,000 New
WAM
58
Wolverine Asset Management
Illinois
$494K +$479K +39,774 New
YCM
59
Yakira Capital Management
Connecticut
$483K +$265K +22,000 +130%
KWM
60
Kingsview Wealth Management
Oregon
$388K +$376K +31,239 New
PWAP
61
Private Wealth Advisors (Pennsylvania)
Pennsylvania
$369K
CWS
62
Cypress Wealth Services
California
$342K +$5.44K +452 +2%
FAAS
63
First Allied Advisory Services
California
$336K -$22.4K -1,859 -6%
KPWG
64
KFA Private Wealth Group
Virginia
$336K +$325K +27,036 New
SI
65
Stephens Inc
Arkansas
$328K -$5.99K -498 -2%
ASN
66
Advisory Services Network
Georgia
$265K +$257K +21,326 New
CF
67
Centaurus Financial
California
$253K
BRF
68
B. Riley Financial
California
$249K +$241K +20,000 New
WC
69
Winmill & Co
New York
$240K
TW
70
Transform Wealth
Colorado
$230K -$4.49K -373 -2%
PAG
71
Private Advisor Group
New Jersey
$204K +$842 +70 +0.4%
MA
72
Mutual Advisors
Nebraska
$183K +$177K +14,700 New
Jane Street
73
Jane Street
New York
$164K +$159K +13,200 New
UBS Group
74
UBS Group
Switzerland
$149K +$109K +9,074 +315%
Stifel Financial
75
Stifel Financial
Missouri
$143K -$20.5K -1,705 -13%

HFRO Hedge Fund Activity: Q4 2019 in Review

104 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q4 2019, worth a combined $403M — up 2.7% from $393M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new HFRO positions and 10 closed out — a net gain of 20 holders — while 30 added to existing stakes and 27 trimmed.

The largest buyer was Davidson Kempner Capital Management, opening a new position worth an estimated $25.3M. The largest seller was Ursa Fund Management, exiting entirely with an estimated $20.7M sold.

  • 104 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q4 2019, up from 85 in Q3 2019.
  • Funds reported $403M of Highland Opportunities and Income Fund stock for Q4 2019, up 2.7% quarter-over-quarter.
  • 30 funds opened new Highland Opportunities and Income Fund positions in Q4 2019 and 10 closed out, a net change of +20 holders.
  • The largest Highland Opportunities and Income Fund buyer in Q4 2019 was Davidson Kempner Capital Management, an estimated $25.3M added.
  • The largest Highland Opportunities and Income Fund seller in Q4 2019 was Ursa Fund Management, an estimated $20.7M sold.

Based on aggregated 13F filings for Q4 2019.