Highland Opportunities and Income Fund
HFRO
98 hedge funds and large institutions have $264M invested in Highland Opportunities and Income Fund in 2021 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 45 increasing their positions, 25 reducing their positions, and 12 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 25
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
3% more funds holding
Funds holding: 95 → 98 (+3)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1.6% less ownership
Funds ownership: 35.42% → 33.82% (-1.6%)
6% less capital invested
Capital invested by funds: $282M → $264M (-$18.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Antara Capital
New York
|
+$12.4M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$5.78M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$4.12M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$3.36M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$2.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$27.7M |
| 2 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$5.15M |
| 3 |
ATPW
Ashton Thomas Private Wealth
Scottsdale,
Arizona
|
-$3.48M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$2.97M |
| 5 |
PWPS
Pinnacle Wealth Planning Services
Mansfield,
Ohio
|
-$2.13M |
HFRO Hedge Fund Activity: Q2 2021 in Review
98 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q2 2021, worth a combined $264M — down 6.5% from $282M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new HFRO positions and 12 closed out — a net gain of 3 holders — while 45 added to existing stakes and 25 trimmed.
The largest buyer was Antara Capital, opening a new position worth an estimated $12.4M. The largest seller was Beach Point Capital Management, cutting an estimated $27.7M.
- 98 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q2 2021, up from 95 in Q1 2021.
- Funds reported $264M of Highland Opportunities and Income Fund stock for Q2 2021, down 6.5% quarter-over-quarter.
- 15 funds opened new Highland Opportunities and Income Fund positions in Q2 2021 and 12 closed out, a net change of +3 holders.
- The largest Highland Opportunities and Income Fund buyer in Q2 2021 was Antara Capital, an estimated $12.4M added.
- The largest Highland Opportunities and Income Fund seller in Q2 2021 was Beach Point Capital Management, an estimated $27.7M sold.
Based on aggregated 13F filings for Q2 2021.