Highland Opportunities and Income Fund
HFRO
97 hedge funds and large institutions have $256M invested in Highland Opportunities and Income Fund in 2021 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 45 increasing their positions, 24 reducing their positions, and 13 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 24
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
2% more funds holding
Funds holding: 95 → 97 (+2)
2.64% less ownership
Funds ownership: 35.42% → 32.77% (-2.6%)
9% less capital invested
Capital invested by funds: $282M → $256M (-$26.5M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Antara Capital
New York
|
+$12.4M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$5.78M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$4.12M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$3.36M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$2.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$27.7M |
| 2 |
QC
Quantedge Capital
Singapore
|
-$10.2M |
| 3 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$5.15M |
| 4 |
ATPW
Ashton Thomas Private Wealth
Scottsdale,
Arizona
|
-$3.48M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$2.97M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$308K | -27,735 | Closed |
|
|
CWS
102
Cypress Wealth Services
Palm Desert,
California
| – | -$188K | -16,927 | Closed |
|
103
Cerity Partners
New York
| – | -$186K | -16,805 | Closed |
|
|
LCM
104
Landscape Capital Management
Englewood,
New Jersey
| – | -$119K | -10,757 | Closed |
|
|
AF
105
Allworth Financial
Folsom,
California
| – | -$74K | -6,674 | Closed |
|
|
WAP
106
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$22K | -2,000 | Closed |
|
|
CAM
107
Costello Asset Management
Feasterville,
Pennsylvania
| – | -$19K | -1,673 | Closed |
|
|
SFS
108
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$1K | -122 | Closed |
|
109
Fidelity Investments
Boston,
Massachusetts
| – | +$68 | +6 | +300% |
|
HFRO Hedge Fund Activity: Q2 2021 in Review
97 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q2 2021, worth a combined $256M — down 9.4% from $282M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new HFRO positions and 13 closed out — a net gain of 2 holders — while 45 added to existing stakes and 24 trimmed.
The largest buyer was Antara Capital, opening a new position worth an estimated $12.4M. The largest seller was Beach Point Capital Management, cutting an estimated $27.7M.
- 97 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q2 2021, up from 95 in Q1 2021.
- Funds reported $256M of Highland Opportunities and Income Fund stock for Q2 2021, down 9.4% quarter-over-quarter.
- 15 funds opened new Highland Opportunities and Income Fund positions in Q2 2021 and 13 closed out, a net change of +2 holders.
- The largest Highland Opportunities and Income Fund buyer in Q2 2021 was Antara Capital, an estimated $12.4M added.
- The largest Highland Opportunities and Income Fund seller in Q2 2021 was Beach Point Capital Management, an estimated $27.7M sold.
Based on aggregated 13F filings for Q2 2021.