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HFRO

Highland Opportunities and Income Fund

105 hedge funds and large institutions have $199M invested in Highland Opportunities and Income Fund in 2023 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 40 increasing their positions, 26 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 6

54% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 26

9% more funds holding

Funds holding: 96105 (+9)

1.05% more ownership

Funds ownership: 35.26%36.31% (+1.1%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

8% less capital invested

Capital invested by funds: $217M → $199M (-$18.1M)

Holders
105
Holders Change
+9
Holders Change %
+9.38%
% of All Funds
1.67%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
15
Increased
40
Reduced
26
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$35.5M -$80.4K -9,602 -0.2%
TJHA
2
Thomas J. Herzfeld Advisors
Florida
$23.1M -$421K -50,336 -2%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$15.4M +$483K +57,693 +3%
LPL Financial
4
LPL Financial
California
$12M +$84K +10,030 +0.7%
Invesco
5
Invesco
Georgia
$10.1M -$440K -52,560 -4%
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$7.73M +$78.5K +9,377 +1%
NAM
7
Nexpoint Asset Management
Texas
$7.38M
PCM
8
Penserra Capital Management
California
$7.37M +$816K +97,440 +12%
AW
9
Atlas Wealth
Ohio
$7.07M -$115K -13,684 -2%
OC
10
Oppenheimer & Co
New York
$5.41M +$170K +20,345 +3%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$4.32M +$107K +12,752 +2%
Cambridge Investment Research Advisors
12
Cambridge Investment Research Advisors
Iowa
$4.31M -$39.9K -4,765 -0.9%
IWM
13
IHT Wealth Management
Illinois
$4.01M +$86.8K +10,376 +2%
Wells Fargo
14
Wells Fargo
California
$3.86M +$31.8K +3,795 +0.8%
RJA
15
Raymond James & Associates
Florida
$3.74M +$2.97M +354,383 +321%
Osaic Holdings
16
Osaic Holdings
Arizona
$3.37M +$815K +97,398 +30%
GWM
17
Geneos Wealth Management
Colorado
$3.27M -$123K -14,641 -3%
CP
18
Camelot Portfolios
Ohio
$3.05M -$1.29M -154,233 -29%
NFG
19
Nations Financial Group
Iowa
$3.02M +$67.1K +8,014 +2%
BI
20
Bulldog Investors
New Jersey
$2.83M
Amundi
21
Amundi
France
$2.82M
HighTower Advisors
22
HighTower Advisors
Illinois
$2.6M +$1.72M +205,484 +172%
LCM
23
Landscape Capital Management
New Jersey
$2.25M +$747K +89,234 +47%
AA
24
AQR Arbitrage
Connecticut
$1.53M
BF
25
BOK Financial
Oklahoma
$1.49M -$35.7K -4,265 -2%

HFRO Hedge Fund Activity: Q3 2023 in Review

105 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q3 2023, worth a combined $199M — down 8.3% from $217M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new HFRO positions and 6 closed out — a net gain of 9 holders — while 40 added to existing stakes and 26 trimmed.

The largest buyer was Raymond James & Associates, adding an estimated $2.97M. The largest seller was Camelot Portfolios, cutting an estimated $1.29M.

  • 105 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q3 2023, up from 96 in Q2 2023.
  • Funds reported $199M of Highland Opportunities and Income Fund stock for Q3 2023, down 8.3% quarter-over-quarter.
  • 15 funds opened new Highland Opportunities and Income Fund positions in Q3 2023 and 6 closed out, a net change of +9 holders.
  • The largest Highland Opportunities and Income Fund buyer in Q3 2023 was Raymond James & Associates, an estimated $2.97M added.
  • The largest Highland Opportunities and Income Fund seller in Q3 2023 was Camelot Portfolios, an estimated $1.29M sold.

Based on aggregated 13F filings for Q3 2023.