Highland Opportunities and Income Fund
HFRO
101 hedge funds and large institutions have $191M invested in Highland Opportunities and Income Fund in 2024 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 44 increasing their positions, 24 reducing their positions, and 19 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 24
3.5% more ownership
Funds ownership: 42.33% → 45.83% (+3.5%)
5% less capital invested
Capital invested by funds: $203M → $191M (-$11.1M)
6% less funds holding
Funds holding: 107 → 101 (-6)
32% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 19
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$7.31M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.11M |
| 3 |
CP
Camelot Portfolios
Maumee,
Ohio
|
+$1.26M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.17M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Amundi
Paris,
France
|
-$2.35M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.35M |
| 3 |
PIWA
Prevail Innovative Wealth Advisors
Leawood,
Kansas
|
-$1.03M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$943K |
| 5 |
LPL Financial
San Diego,
California
|
-$703K |
HFRO Hedge Fund Activity: Q2 2024 in Review
101 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Highland Opportunities and Income Fund (HFRO) for Q2 2024, worth a combined $191M — down 5.5% from $203M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of HFRO and 13 opened new positions — a net loss of 6 holders — while 24 trimmed existing stakes and 44 added.
The largest buyer was Atlas Wealth, opening a new position worth an estimated $7.31M. The largest seller was Amundi, exiting entirely with an estimated $2.35M sold.
- 101 institutional investors held Highland Opportunities and Income Fund (HFRO) as of Q2 2024, down from 107 in Q1 2024.
- Funds reported $191M of Highland Opportunities and Income Fund stock for Q2 2024, down 5.5% quarter-over-quarter.
- 13 funds opened new Highland Opportunities and Income Fund positions in Q2 2024 and 19 closed out, a net change of -6 holders.
- The largest Highland Opportunities and Income Fund buyer in Q2 2024 was Atlas Wealth, an estimated $7.31M added.
- The largest Highland Opportunities and Income Fund seller in Q2 2024 was Amundi, an estimated $2.35M sold.
Based on aggregated 13F filings for Q2 2024.