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HFRO

Highland Opportunities and Income Fund

99 hedge funds and large institutions have $264M invested in Highland Opportunities and Income Fund in 2020 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 32 increasing their positions, 34 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 18

8% more capital invested

Capital invested by funds: $245M → $264M (+$19.7M)

1% more funds holding

Funds holding: 9899 (+1)

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

6% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 34

4.14% less ownership

Funds ownership: 39.93%35.79% (-4.1%)

Holders
99
Holders Change
+1
Holders Change %
+1.02%
% of All Funds
1.75%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
21
Increased
32
Reduced
34
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CFD
76
Creative Financial Designs
Indiana
$24K
AF
77
Allworth Financial
California
$23K -$6.76K -761 -25%
Citigroup
78
Citigroup
New York
$23K +$373 +42 +2%
APA
79
American Portfolios Advisors
New York
$18.1K +$400 +45 +3%
NFG
80
Next Financial Group
Texas
$18K +$2.27K +255 +17%
CAM
81
Costello Asset Management
Pennsylvania
$17K +$14.9K +1,673 New
TRCT
82
Tower Research Capital (TRC)
New York
$12K -$16.9K -1,896 -61%
CWC
83
Carolinas Wealth Consulting
North Carolina
$12K +$10.8K +1,215 New
CFGS
84
Concourse Financial Group Securities
Alabama
$11K -$42.3K -4,762 -81%
DOA
85
D'Orazio & Associates
Virginia
$11K +$9.85K +1,108 New
HPC
86
HM Payson & Co
Maine
$10K
BWA
87
BDO Wealth Advisors
Florida
$9K -$28.7K -3,228 -78%
Fifth Third Bancorp
88
Fifth Third Bancorp
Ohio
$9K +$7.56K +850 New
AWA
89
Arkadios Wealth Advisors
Georgia
$9K +$8.02K +902 New
TWM
90
Tradition Wealth Management
Minnesota
$9K +$8.07K +908 New
TCM
91
Tradewinds Capital Management
Washington
$6K
JFA
92
JNBA Financial Advisors
Minnesota
$5K +$4.44K +500 New
SIS
93
Sound Income Strategies
Florida
$4K
PAM
94
Panagora Asset Management
Massachusetts
$3K -$14.6K -1,640 -83%
VFA
95
Valeo Financial Advisors
Indiana
$2K +$1.78K +200 New
AA
96
AlphaMark Advisors
Kentucky
$1K
CMA
97
Cedar Mountain Advisors
Oregon
$1K
SFS
98
Sowell Financial Services
Arkansas
$1K
DKCM
99
Davidson Kempner Capital Management
New York
-$15.1M -1,760,653 Closed
RCM
100
Rivernorth Capital Management
Florida
-$9.43M -1,097,977 Closed

HFRO Hedge Fund Activity: Q4 2020 in Review

99 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q4 2020, worth a combined $264M — up 8.1% from $245M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new HFRO positions and 18 closed out — a net gain of 3 holders — while 32 added to existing stakes and 34 trimmed.

The largest buyer was Beach Point Capital Management, adding an estimated $17.6M. The largest seller was Davidson Kempner Capital Management, exiting entirely with an estimated $15.1M sold.

  • 99 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q4 2020, up from 98 in Q3 2020.
  • Funds reported $264M of Highland Opportunities and Income Fund stock for Q4 2020, up 8.1% quarter-over-quarter.
  • 21 funds opened new Highland Opportunities and Income Fund positions in Q4 2020 and 18 closed out, a net change of +3 holders.
  • The largest Highland Opportunities and Income Fund buyer in Q4 2020 was Beach Point Capital Management, an estimated $17.6M added.
  • The largest Highland Opportunities and Income Fund seller in Q4 2020 was Davidson Kempner Capital Management, an estimated $15.1M sold.

Based on aggregated 13F filings for Q4 2020.