Highland Opportunities and Income Fund
HFRO
101 hedge funds and large institutions have $179M invested in Highland Opportunities and Income Fund in 2024 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 38 increasing their positions, 32 reducing their positions, and 11 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 32
1% more funds holding
Funds holding: 100 → 101 (+1)
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.12% less ownership
Funds ownership: 45.77% → 43.65% (-2.1%)
6% less capital invested
Capital invested by funds: $191M → $179M (-$12.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.88M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$2.65M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.34M |
| 4 |
AGM
Alpine Global Management
New York
|
+$1.22M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$7.2M |
| 2 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$7.01M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.53M |
| 4 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$1.29M |
| 5 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$1.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAS
101
Coppell Advisory Solutions
Coppell,
Texas
| $49 | – | – | – |
|
|
PCM
102
Penserra Capital Management
Orinda,
California
| – | -$7.2M | -1,151,978 | Closed |
|
|
AW
103
Atlas Wealth
Cincinnati,
Ohio
| – | -$7.01M | -1,139,336 | Closed |
|
|
BF
104
BOK Financial
Tulsa,
Oklahoma
| – | -$1.29M | -206,308 | Closed |
|
|
BFM
105
Boothbay Fund Management
New York
| – | -$625K | -100,050 | Closed |
|
|
AC
106
Almitas Capital
Santa Monica,
California
| – | -$215K | -34,333 | Closed |
|
|
LRIA
107
Leonard Rickey Investment Advisors
Yakima,
Washington
| – | -$131K | -21,016 | Closed |
|
|
CCG
108
Catalina Capital Group
Torrance,
California
| – | -$88.5K | -14,159 | Closed |
|
109
Nomura Holdings
Tokyo,
Japan
| – | -$86.3K | -13,800 | Closed |
|
110
Bank of America
Charlotte,
North Carolina
| – | -$32K | -5,120 | Closed |
|
|
TWP
111
Triad Wealth Partners
Lawrence,
Kansas
| – | -$19.2K | -3,077 | Closed |
|
112
Fidelity Investments
Boston,
Massachusetts
| – | -$6 | -1 | Closed |
|
HFRO Hedge Fund Activity: Q3 2024 in Review
101 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q3 2024, worth a combined $179M — down 6.4% from $191M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new HFRO positions and 11 closed out — a net gain of 1 holder — while 38 added to existing stakes and 32 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $2.88M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $7.2M sold.
- 101 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q3 2024, up from 100 in Q2 2024.
- Funds reported $179M of Highland Opportunities and Income Fund stock for Q3 2024, down 6.4% quarter-over-quarter.
- 12 funds opened new Highland Opportunities and Income Fund positions in Q3 2024 and 11 closed out, a net change of +1 holder.
- The largest Highland Opportunities and Income Fund buyer in Q3 2024 was Raymond James & Associates, an estimated $2.88M added.
- The largest Highland Opportunities and Income Fund seller in Q3 2024 was Penserra Capital Management, an estimated $7.2M sold.
Based on aggregated 13F filings for Q3 2024.