Highland Opportunities and Income Fund
HFRO
102 hedge funds and large institutions have $271M invested in Highland Opportunities and Income Fund in 2021 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 29 increasing their positions, 32 reducing their positions, and 17 closing their positions.
29% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 17
3% more funds holding
Funds holding: 99 → 102 (+3)
9% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 32
3.68% less ownership
Funds ownership: 38.15% → 34.47% (-3.7%)
8% less capital invested
Capital invested by funds: $294M → $271M (-$23M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$2.89M |
| 2 |
SCM
Segantii Capital Management
Hong Kong
|
+$2.42M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$2.11M |
| 4 |
ARC
Advisor Resource Council
Dallas,
Texas
|
+$2M |
| 5 |
Morgan Stanley
New York
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$13.3M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$6.68M |
| 3 |
AC
Antara Capital
New York
|
-$6.2M |
| 4 |
CAC
Cowen and Company
New York
|
-$5.38M |
| 5 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$3.5M |
HFRO Hedge Fund Activity: Q4 2021 in Review
102 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q4 2021, worth a combined $271M — down 7.8% from $294M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new HFRO positions and 17 closed out — a net gain of 5 holders — while 29 added to existing stakes and 32 trimmed.
The largest buyer was Landscape Capital Management, opening a new position worth an estimated $2.89M. The largest seller was Matisse Capital, exiting entirely with an estimated $13.3M sold.
- 102 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q4 2021, up from 99 in Q3 2021.
- Funds reported $271M of Highland Opportunities and Income Fund stock for Q4 2021, down 7.8% quarter-over-quarter.
- 22 funds opened new Highland Opportunities and Income Fund positions in Q4 2021 and 17 closed out, a net change of +5 holders.
- The largest Highland Opportunities and Income Fund buyer in Q4 2021 was Landscape Capital Management, an estimated $2.89M added.
- The largest Highland Opportunities and Income Fund seller in Q4 2021 was Matisse Capital, an estimated $13.3M sold.
Based on aggregated 13F filings for Q4 2021.