Highland Opportunities and Income Fund
HFRO
98 hedge funds and large institutions have $281M invested in Highland Opportunities and Income Fund in 2022 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 34 increasing their positions, 32 reducing their positions, and 15 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 32
4% more capital invested
Capital invested by funds: $271M → $281M (+$10.2M)
0.07% more ownership
Funds ownership: 34.47% → 34.54% (+0.07%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
4% less funds holding
Funds holding: 102 → 98 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NFG
Nations Financial Group
Cedar Rapids,
Iowa
|
+$4.64M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$2.45M |
| 3 |
ASFA
All Season Financial Advisors
Denver,
Colorado
|
+$2.16M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.91M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$10.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$5M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$2.21M |
| 4 |
ARC
Advisor Resource Council
Dallas,
Texas
|
-$1.98M |
| 5 |
SCM
Segantii Capital Management
Hong Kong
|
-$1.76M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Millennium Management
New York
| – | -$443K | -40,289 | Closed |
|
|
IA
102
Icon Advisers
Greenwood Village,
Colorado
| – | -$441K | -40,172 | Closed |
|
|
NA
103
NewEdge Advisors
New Orleans,
Louisiana
| – | -$349K | -31,806 | Closed |
|
|
HIP
104
HUB Investment Partners
Austin,
Texas
| – | -$326K | -29,625 | Closed |
|
|
CFIA
105
Cantor Fitzgerald Investment Advisors
New York
| – | -$267K | -24,274 | Closed |
|
106
Walleye Trading
New York
| – | -$180K | -16,424 | Closed |
|
|
ASN
107
Advisory Services Network
Atlanta,
Georgia
| – | -$154K | -14,022 | Closed |
|
|
KPWG
108
KFA Private Wealth Group
Tysons,
Virginia
| – | -$141K | -12,822 | Closed |
|
109
JP Morgan Chase
New York
| – | -$95K | -8,645 | Closed |
|
|
WFS
110
Widmann Financial Services
Bowie,
Maryland
| – | -$6K | -606 | Closed |
|
|
CA
111
CoreCap Advisors
Southfield,
Michigan
| – | -$1K | -57 | Closed |
|
HFRO Hedge Fund Activity: Q1 2022 in Review
98 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q1 2022, worth a combined $281M — up 3.8% from $271M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of HFRO and 14 opened new positions — a net loss of 1 holder — while 32 trimmed existing stakes and 34 added.
The largest buyer was Nations Financial Group, opening a new position worth an estimated $4.64M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $10.7M sold.
- 98 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q1 2022, down from 102 in Q4 2021.
- Funds reported $281M of Highland Opportunities and Income Fund stock for Q1 2022, up 3.8% quarter-over-quarter.
- 14 funds opened new Highland Opportunities and Income Fund positions in Q1 2022 and 15 closed out, a net change of -1 holder.
- The largest Highland Opportunities and Income Fund buyer in Q1 2022 was Nations Financial Group, an estimated $4.64M added.
- The largest Highland Opportunities and Income Fund seller in Q1 2022 was Rivernorth Capital Management, an estimated $10.7M sold.
Based on aggregated 13F filings for Q1 2022.