Highland Opportunities and Income Fund
HFRO
107 hedge funds and large institutions have $203M invested in Highland Opportunities and Income Fund in 2024 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 42 increasing their positions, 27 reducing their positions, and 15 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 27
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
27% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 15
4.34% more ownership
Funds ownership: 37.99% → 42.33% (+4.3%)
3% more funds holding
Funds holding: 104 → 107 (+3)
2% more capital invested
Capital invested by funds: $199M → $203M (+$3.73M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$10.3M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$3.86M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$3.6M |
| 4 |
CL
Choreo LLC
Rockford,
Illinois
|
+$2.21M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.3M |
| 2 |
ARC
Advisor Resource Council
Dallas,
Texas
|
-$1.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.64M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.32M |
| 5 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$1.09M |
HFRO Hedge Fund Activity: Q1 2024 in Review
107 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q1 2024, worth a combined $203M — up 1.9% from $199M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new HFRO positions and 15 closed out — a net gain of 4 holders — while 42 added to existing stakes and 27 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $10.3M. The largest seller was Morgan Stanley, cutting an estimated $5.3M.
- 107 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q1 2024, up from 104 in Q4 2023.
- Funds reported $203M of Highland Opportunities and Income Fund stock for Q1 2024, up 1.9% quarter-over-quarter.
- 19 funds opened new Highland Opportunities and Income Fund positions in Q1 2024 and 15 closed out, a net change of +4 holders.
- The largest Highland Opportunities and Income Fund buyer in Q1 2024 was Raymond James & Associates, an estimated $10.3M added.
- The largest Highland Opportunities and Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $5.3M sold.
Based on aggregated 13F filings for Q1 2024.