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HFRO

Highland Opportunities and Income Fund

67 hedge funds and large institutions have $408M invested in Highland Opportunities and Income Fund in 2018 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 8

36.33% more ownership

Funds ownership: 0%36.33% (+36%)

21% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 19

8% more funds holding

Funds holding: 6267 (+5)

4% more capital invested

Capital invested by funds: $391M → $408M (+$17.2M)

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

Holders
67
Holders Change
+5
Holders Change %
+8.06%
% of All Funds
1.53%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
14
Increased
23
Reduced
19
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$98.1M -$3.05M -192,012 -3%
UCFA
2
United Capital Financial Advisors
Texas
$35M -$1.69M -106,191 -5%
BCIM
3
Burford Capital Investment Management
Illinois
$27.4M -$1.03M -64,748 -4%
RJA
4
Raymond James & Associates
Florida
$24.7M -$442K -27,807 -2%
RCM
5
Rivernorth Capital Management
Florida
$23.6M -$1.32M -83,159 -5%
BHMP
6
Bardin Hill Management Partners
New York
$22.5M +$19.4M +1,222,337 +565%
Wells Fargo
7
Wells Fargo
California
$21.5M -$4.65M -292,362 -18%
BlackRock
8
BlackRock
New York
$18.2M +$81.1K +5,100 +0.4%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$15M -$237K -14,880 -2%
ICM
10
Ionic Capital Management
New York
$13.1M -$3.62M -227,751 -21%
UFM
11
Ursa Fund Management
California
$12.5M +$5.57M +350,000 +78%
FAAS
12
First Allied Advisory Services
California
$12.4M +$2.09M +131,693 +20%
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$11.4M +$249K +15,661 +2%
AWA
14
Arete Wealth Advisors
Illinois
$10.3M +$585K +36,818 +6%
IA
15
IFP Advisors
Florida
$6.87M +$6.99M +439,477 New
LPL Financial
16
LPL Financial
California
$5.46M +$307K +19,282 +6%
GWM
17
Geneos Wealth Management
Colorado
$4.82M +$168K +10,556 +4%
VAS
18
VR Advisory Services
Cayman Islands
$4.69M
AG
19
Advisor Group
Arizona
$4.44M +$214K +13,486 +5%
ASN
20
Advisory Services Network
Georgia
$3.89M +$1M +63,200 +34%
COLIM
21
City of London Investment Management
United Kingdom
$3.85M +$1.81M +113,572 +85%
SPC
22
Sigma Planning Corp
Michigan
$3.2M -$76.7K -4,821 -2%
CAN
23
Cetera Advisor Networks
California
$2.98M +$3.04M +191,121 New
CCA
24
Cruiser Capital Advisors
Connecticut
$2.38M +$161K +10,100 +7%
SS
25
Sunbelt Securities
Texas
$1.91M +$243K +15,255 +14%

HFRO Hedge Fund Activity: Q2 2018 in Review

67 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q2 2018, worth a combined $408M — up 4.4% from $391M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new HFRO positions and 8 closed out — a net gain of 6 holders — while 23 added to existing stakes and 19 trimmed.

The largest buyer was Bardin Hill Management Partners, adding an estimated $19.4M. The largest seller was Wells Fargo, cutting an estimated $4.65M.

  • 67 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q2 2018, up from 62 in Q1 2018.
  • Funds reported $408M of Highland Opportunities and Income Fund stock for Q2 2018, up 4.4% quarter-over-quarter.
  • 14 funds opened new Highland Opportunities and Income Fund positions in Q2 2018 and 8 closed out, a net change of +6 holders.
  • The largest Highland Opportunities and Income Fund buyer in Q2 2018 was Bardin Hill Management Partners, an estimated $19.4M added.
  • The largest Highland Opportunities and Income Fund seller in Q2 2018 was Wells Fargo, an estimated $4.65M sold.

Based on aggregated 13F filings for Q2 2018.