Highland Opportunities and Income Fund
HFRO
96 hedge funds and large institutions have $217M invested in Highland Opportunities and Income Fund in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 38 increasing their positions, 29 reducing their positions, and 12 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 29
2% more capital invested
Capital invested by funds: $213M → $217M (+$3.8M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.96% less ownership
Funds ownership: 36.21% → 35.26% (-0.96%)
4% less funds holding
Funds holding: 100 → 96 (-4)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.29M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$890K |
| 3 |
OC
Oppenheimer & Co
New York
|
+$731K |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
+$446K |
| 5 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
+$443K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.27M |
| 2 |
LI
LVZ Inc
Holland,
Michigan
|
-$1.52M |
| 3 |
Walleye Capital
New York
|
-$1.16M |
| 4 |
QC
Quantedge Capital
Singapore
|
-$971K |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$872K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WT
101
Washington Trust
Westerly,
Rhode Island
| – | -$160K | -18,150 | Closed |
|
|
ARC
102
Advisor Resource Council
Dallas,
Texas
| – | -$104K | -12,222 | Closed |
|
103
US Bancorp
Minneapolis,
Minnesota
| – | -$73.1K | -8,319 | Closed |
|
|
ASN
104
Advisory Services Network
Atlanta,
Georgia
| – | -$35.8K | -4,070 | Closed |
|
|
SIC
105
Salem Investment Counselors
Winston Salem,
North Carolina
| – | -$22K | -2,500 | Closed |
|
|
TCM
106
Tradewinds Capital Management
Bellingham,
Washington
| – | -$5.08K | -578 | Closed |
|
|
AAS
107
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$4.45K | -506 | Closed |
|
108
Fidelity Investments
Boston,
Massachusetts
| – | -$9 | -1 | Closed |
|
HFRO Hedge Fund Activity: Q2 2023 in Review
96 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q2 2023, worth a combined $217M — up 1.8% from $213M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of HFRO and 9 opened new positions — a net loss of 3 holders — while 29 trimmed existing stakes and 38 added.
The largest buyer was Envestnet Asset Management, adding an estimated $1.29M. The largest seller was Raymond James & Associates, cutting an estimated $2.27M.
- 96 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q2 2023, down from 100 in Q1 2023.
- Funds reported $217M of Highland Opportunities and Income Fund stock for Q2 2023, up 1.8% quarter-over-quarter.
- 9 funds opened new Highland Opportunities and Income Fund positions in Q2 2023 and 12 closed out, a net change of -3 holders.
- The largest Highland Opportunities and Income Fund buyer in Q2 2023 was Envestnet Asset Management, an estimated $1.29M added.
- The largest Highland Opportunities and Income Fund seller in Q2 2023 was Raymond James & Associates, an estimated $2.27M sold.
Based on aggregated 13F filings for Q2 2023.