Highland Opportunities and Income Fund
HFRO
94 hedge funds and large institutions have $227M invested in Highland Opportunities and Income Fund in 2022 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 42 increasing their positions, 26 reducing their positions, and 15 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 26
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.09% less ownership
Funds ownership: 35.3% → 34.21% (-1.1%)
7% less funds holding
Funds holding: 101 → 94 (-7)
16% less capital invested
Capital invested by funds: $270M → $227M (-$43.6M)
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.14M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.52M |
| 3 |
Morgan Stanley
New York
|
+$1.18M |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$947K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$889K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$5.1M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
-$2.51M |
| 3 |
ARC
Advisor Resource Council
Dallas,
Texas
|
-$2.48M |
| 4 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$1.77M |
| 5 |
ASFA
All Season Financial Advisors
Denver,
Colorado
|
-$1.57M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFGS
101
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$62.1K | -5,431 | Closed |
|
|
LF
102
Lee Financial
Dallas,
Texas
| – | -$49K | -4,340 | Closed |
|
|
PFS
103
Prospera Financial Services
Dallas,
Texas
| – | -$18K | -1,618 | Closed |
|
|
TWM
104
Tradition Wealth Management
Edina,
Minnesota
| – | -$13K | -1,193 | Closed |
|
|
TF
105
Tompkins Financial
Ithaca,
New York
| – | -$8K | -720 | Closed |
|
|
CWP
106
Concord Wealth Partners
Abingdon,
Virginia
| – | -$5K | -472 | Closed |
|
107
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$2K | -154 | Closed |
|
|
CA
108
CoreCap Advisors
Southfield,
Michigan
| – | -$1K | -57 | Closed |
|
109
Fidelity Investments
Boston,
Massachusetts
| – | +$11 | +1 | +100% |
|
HFRO Hedge Fund Activity: Q3 2022 in Review
94 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q3 2022, worth a combined $227M — down 16% from $270M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of HFRO and 9 opened new positions — a net loss of 6 holders — while 26 trimmed existing stakes and 42 added.
The largest buyer was Raymond James & Associates, adding an estimated $2.14M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $5.1M.
- 94 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q3 2022, down from 101 in Q2 2022.
- Funds reported $227M of Highland Opportunities and Income Fund stock for Q3 2022, down 16% quarter-over-quarter.
- 9 funds opened new Highland Opportunities and Income Fund positions in Q3 2022 and 15 closed out, a net change of -6 holders.
- The largest Highland Opportunities and Income Fund buyer in Q3 2022 was Raymond James & Associates, an estimated $2.14M added.
- The largest Highland Opportunities and Income Fund seller in Q3 2022 was Cambridge Investment Research Advisors, an estimated $5.1M sold.
Based on aggregated 13F filings for Q3 2022.