Highland Global Allocation Fund
HGLB
39 hedge funds and large institutions have $49.9M invested in Highland Global Allocation Fund in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 15 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
20% more capital invested
Capital invested by funds: $41.7M → $49.9M (+$8.14M)
11% more funds holding
Funds holding: 35 → 39 (+4)
4.23% more ownership
Funds ownership: 18.6% → 22.83% (+4.2%)
40% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.2M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
+$4.1M |
| 3 |
VF
Virtu Financial
New York
|
+$1.67M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.43M |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$916K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.61M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.14M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$738K |
| 4 |
GSBTD
Glenview State Bank Trust Department
Glenview,
Illinois
|
-$366K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$174K |
HGLB Hedge Fund Activity: Q4 2019 in Review
39 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Highland Global Allocation Fund (HGLB) for Q4 2019, worth a combined $49.9M — up 20% from $41.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new HGLB positions and 5 closed out — a net gain of 4 holders — while 9 added to existing stakes and 15 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $5.2M. The largest seller was Morgan Stanley, cutting an estimated $1.61M.
- 39 institutional investors held Highland Global Allocation Fund (HGLB) as of Q4 2019, up from 35 in Q3 2019.
- Funds reported $49.9M of Highland Global Allocation Fund stock for Q4 2019, up 20% quarter-over-quarter.
- 9 funds opened new Highland Global Allocation Fund positions in Q4 2019 and 5 closed out, a net change of +4 holders.
- The largest Highland Global Allocation Fund buyer in Q4 2019 was Rivernorth Capital Management, an estimated $5.2M added.
- The largest Highland Global Allocation Fund seller in Q4 2019 was Morgan Stanley, an estimated $1.61M sold.
Based on aggregated 13F filings for Q4 2019.