Highland Opportunities and Income Fund
HFRO
62 hedge funds and large institutions have $391M invested in Highland Opportunities and Income Fund in 2018 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 12 closing their positions.
67% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 12
57% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 14
15% more funds holding
Funds holding: 54 → 62 (+8)
7% more capital invested
Capital invested by funds: $366M → $391M (+$24.9M)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$18.3M |
| 2 |
UFM
Ursa Fund Management
Danville,
California
|
+$5.99M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.05M |
| 4 |
VAS
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
|
+$4.3M |
| 5 |
ICM
Ionic Capital Management
New York
|
+$3.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$16.7M |
| 2 |
SCM
Stonehill Capital Management
New York
|
-$10.1M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$4.12M |
| 4 |
BCIM
Burford Capital Investment Management
Chicago,
Illinois
|
-$3.16M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.35M |
HFRO Hedge Fund Activity: Q1 2018 in Review
62 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q1 2018, worth a combined $391M — up 6.8% from $366M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new HFRO positions and 12 closed out — a net gain of 8 holders — while 22 added to existing stakes and 14 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $18.3M. The largest seller was Morgan Stanley, cutting an estimated $16.7M.
- 62 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q1 2018, up from 54 in Q4 2017.
- Funds reported $391M of Highland Opportunities and Income Fund stock for Q1 2018, up 6.8% quarter-over-quarter.
- 20 funds opened new Highland Opportunities and Income Fund positions in Q1 2018 and 12 closed out, a net change of +8 holders.
- The largest Highland Opportunities and Income Fund buyer in Q1 2018 was BlackRock, an estimated $18.3M added.
- The largest Highland Opportunities and Income Fund seller in Q1 2018 was Morgan Stanley, an estimated $16.7M sold.
Based on aggregated 13F filings for Q1 2018.