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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
RJT
76
Raymond James Trust
Florida
$142K +$16.2K +1,350 +13%
GI
77
Gradient Investments
Minnesota
$138K +$134K +11,117 New
Ameriprise
78
Ameriprise
Minnesota
$133K +$128K +10,672 New
CBFP
79
Cedar Brook Financial Partners
Ohio
$128K -$877K -72,880 -88%
QOP
80
Quinn Opportunity Partners
Virginia
$124K
FIA
81
FNY Investment Advisers
New York
$112K +$109K +9,042 New
BAM
82
Belpointe Asset Management
Nevada
$104K -$6.02K -500 -6%
US Bancorp
83
US Bancorp
Minnesota
$103K
LC
84
Lindbrook Capital
California
$62K +$14.1K +1,170 +31%
Citigroup
85
Citigroup
New York
$50K -$8.73K -726 -15%
Deutsche Bank
86
Deutsche Bank
Germany
$50K +$48.4K +4,026 New
AF
87
Allworth Financial
California
$38K
CFD
88
Creative Financial Designs
Indiana
$29K
PNC Financial Services Group
89
PNC Financial Services Group
Pennsylvania
$26K -$17K -1,414 -40%
APA
90
American Portfolios Advisors
New York
$19.9K +$19.3K +1,605 New
GRP
91
Global Retirement Partners
California
$18K +$337 +28 +2%
PAM
92
Panagora Asset Management
Massachusetts
$14K +$13.6K +1,128 New
HPC
93
HM Payson & Co
Maine
$12K +$11.9K +992 New
BWA
94
BDO Wealth Advisors
Florida
$11K
NFG
95
Next Financial Group
Texas
$10K
HI
96
Hudock Inc
Pennsylvania
$9K
TCM
97
Tradewinds Capital Management
Washington
$7K
CFGS
98
Concourse Financial Group Securities
Alabama
$7K +$1.72K +143 +33%
FHA
99
Flagship Harbor Advisors
Massachusetts
$5K
SIS
100
Sound Income Strategies
Florida
$5K

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.