Highland Opportunities and Income Fund
HFRO
77 hedge funds and large institutions have $388M invested in Highland Opportunities and Income Fund in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 35 increasing their positions, 19 reducing their positions, and 10 closing their positions.
84% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 19
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
1.76% more ownership
Funds ownership: 41.7% → 43.47% (+1.8%)
5% less funds holding
Funds holding: 81 → 77 (-4)
7% less capital invested
Capital invested by funds: $416M → $388M (-$27.6M)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.01M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$2.65M |
| 3 |
AC
Antara Capital
New York
|
+$2.27M |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
+$2.26M |
| 5 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
M
MRCap
Roslyn,
New York
|
-$2.7M |
| 2 |
Morgan Stanley
New York
|
-$1.59M |
| 3 |
VAS
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
|
-$1.51M |
| 4 |
ICM
Ionic Capital Management
New York
|
-$1.16M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$908K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
76
Hudock Inc
Williamsport,
Pennsylvania
| $10K | – | – | – |
|
|
CFGS
77
Concourse Financial Group Securities
Birmingham,
Alabama
| $6K | +$770 | +57 | +15% |
|
|
FHA
78
Flagship Harbor Advisors
Boston,
Massachusetts
| $5K | – | – | – |
|
|
SIS
79
Sound Income Strategies
Ft Lauderdale,
Florida
| $5K | – | – | – |
|
80
Mariner
Overland Park,
Kansas
| – | -$279K | -20,094 | Closed |
|
|
CRC
81
Curi RMB Capital
Chicago,
Illinois
| – | -$236K | -17,026 | Closed |
|
82
Ameriprise
Minneapolis,
Minnesota
| – | -$168K | -12,124 | Closed |
|
83
Koshinski Asset Management
Decatur,
Illinois
| – | -$158 | -11,360 | Closed |
|
|
ASN
84
Advisory Services Network
Atlanta,
Georgia
| – | -$109K | -7,850 | Closed |
|
|
RFC
85
Regions Financial Corp
Birmingham,
Alabama
| – | -$109K | -7,817 | Closed |
|
|
MSA
86
Marino Stram & Associates
Braintree,
Massachusetts
| – | -$18K | -1,276 | Closed |
|
87
US Bancorp
Minneapolis,
Minnesota
| – | -$14K | -1,000 | Closed |
|
88
SEI Investments
Oaks,
Pennsylvania
| – | -$3K | -186 | Closed |
|
|
BAM
89
Bruderman Asset Management
Locust Valley,
New York
| – | -$1K | -82 | Closed |
|
HFRO Hedge Fund Activity: Q2 2019 in Review
77 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q2 2019, worth a combined $388M — down 6.6% from $416M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of HFRO and 8 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 35 added.
The largest buyer was BlackRock, adding an estimated $5.01M. The largest seller was MRCap, cutting an estimated $2.7M.
- 77 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q2 2019, down from 81 in Q1 2019.
- Funds reported $388M of Highland Opportunities and Income Fund stock for Q2 2019, down 6.6% quarter-over-quarter.
- 8 funds opened new Highland Opportunities and Income Fund positions in Q2 2019 and 10 closed out, a net change of -2 holders.
- The largest Highland Opportunities and Income Fund buyer in Q2 2019 was BlackRock, an estimated $5.01M added.
- The largest Highland Opportunities and Income Fund seller in Q2 2019 was MRCap, an estimated $2.7M sold.
Based on aggregated 13F filings for Q2 2019.