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HFRO

Highland Opportunities and Income Fund

81 hedge funds and large institutions have $416M invested in Highland Opportunities and Income Fund in 2019 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 27 increasing their positions, 22 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 22

10% more capital invested

Capital invested by funds: $377M → $416M (+$39.4M)

0.81% more ownership

Funds ownership: 40.89%41.7% (+0.81%)

0% more funds holding

Funds holding: 8181 (0)

0% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 12

10% less funds holding in top 10

Funds holding in top 10: 109 (-1)

Holders
81
Holders Change
Holders Change %
0%
% of All Funds
1.75%
Holding in Top 10
9
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-10%
% of All Funds
0.19%
New
12
Increased
27
Reduced
22
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$68.3M +$1.45M +106,452 +2%
RCM
2
Rivernorth Capital Management
Florida
$43.2M +$1.79M +130,732 +4%
UCFA
3
United Capital Financial Advisors
Texas
$35.7M +$1.23M +90,114 +4%
RJA
4
Raymond James & Associates
Florida
$24.9M -$259K -18,925 -1%
BCIM
5
Burford Capital Investment Management
Illinois
$21.2M
BHMP
6
Bardin Hill Management Partners
New York
$18.9M
UFM
7
Ursa Fund Management
California
$18.9M
BlackRock
8
BlackRock
New York
$17.9M +$613K +44,833 +4%
Wells Fargo
9
Wells Fargo
California
$15.6M -$1.17M -85,901 -7%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$14.4M +$441K +32,262 +3%
TJHA
11
Thomas J. Herzfeld Advisors
Florida
$12.5M +$924K +67,602 +8%
COLIM
12
City of London Investment Management
United Kingdom
$10.6M +$808K +59,120 +8%
Invesco
13
Invesco
Georgia
$9.46M +$9.31M +680,977 New
AWA
14
Arete Wealth Advisors
Illinois
$8.81M -$3.32K -243 -0%
ICM
15
Ionic Capital Management
New York
$7.44M -$3.06M -223,732 -29%
LPL Financial
16
LPL Financial
California
$6.08M -$8.16M -596,964 -58%
M
17
MRCap
New York
$5.56M -$5.73M -419,140 -51%
IWM
18
IHT Wealth Management
Illinois
$5.51M -$90.8K -6,645 -2%
MA
19
MONECO Advisors
Connecticut
$5.38M +$18.1K +1,325 +0.3%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$5.1M +$412K +30,155 +9%
AC
21
Antara Capital
New York
$4.87M +$2.33M +170,780 +95%
BPCM
22
Beach Point Capital Management
California
$4.73M +$4.65M +340,309 New
GWM
23
Geneos Wealth Management
Colorado
$4.55M -$104K -7,644 -2%
VAS
24
VR Advisory Services
Cayman Islands
$4.17M
AG
25
Advisor Group
Arizona
$3.88M +$323K +23,660 +9%

HFRO Hedge Fund Activity: Q1 2019 in Review

81 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q1 2019, worth a combined $416M — up 10% from $377M a quarter earlier.

Fund positioning in HFRO was balanced in Q1 2019: 12 funds opened new positions, 12 closed out, 27 added to existing stakes and 22 trimmed.

The largest buyer was Invesco, opening a new position worth an estimated $9.31M. The largest seller was LPL Financial, cutting an estimated $8.16M.

  • 81 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q1 2019, unchanged from Q4 2018.
  • Funds reported $416M of Highland Opportunities and Income Fund stock for Q1 2019, up 10% quarter-over-quarter.
  • 12 funds opened new Highland Opportunities and Income Fund positions in Q1 2019 and 12 closed out, a net change of 0 holders.
  • The largest Highland Opportunities and Income Fund buyer in Q1 2019 was Invesco, an estimated $9.31M added.
  • The largest Highland Opportunities and Income Fund seller in Q1 2019 was LPL Financial, an estimated $8.16M sold.

Based on aggregated 13F filings for Q1 2019.