Highland Global Allocation Fund
HGLB
40 hedge funds and large institutions have $46.2M invested in Highland Global Allocation Fund in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 11 reducing their positions, and 5 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 11
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
1.15% less ownership
Funds ownership: 27.86% → 26.72% (-1.1%)
2% less funds holding
Funds holding: 41 → 40 (-1)
6% less capital invested
Capital invested by funds: $49.4M → $46.2M (-$3.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$5.73M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$402K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$253K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$245K |
| 5 |
ERIC
Eagle Rock Investment Company
Atlanta,
Georgia
|
+$237K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.56M |
| 2 |
ARC
Advisor Resource Council
Dallas,
Texas
|
-$1.84M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$448K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$229K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$160K |
HGLB Hedge Fund Activity: Q1 2024 in Review
40 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Highland Global Allocation Fund (HGLB) for Q1 2024, worth a combined $46.2M — down 6.5% from $49.4M a quarter earlier.
Fund positioning in HGLB was balanced in Q1 2024: 5 funds opened new positions, 5 closed out, 18 added to existing stakes and 11 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $5.73M. The largest seller was Morgan Stanley, cutting an estimated $6.56M.
- 40 institutional investors held Highland Global Allocation Fund (HGLB) as of Q1 2024, down from 41 in Q4 2023.
- Funds reported $46.2M of Highland Global Allocation Fund stock for Q1 2024, down 6.5% quarter-over-quarter.
- 5 funds opened new Highland Global Allocation Fund positions in Q1 2024 and 5 closed out, a net change of 0 holders.
- The largest Highland Global Allocation Fund buyer in Q1 2024 was Raymond James & Associates, an estimated $5.73M added.
- The largest Highland Global Allocation Fund seller in Q1 2024 was Morgan Stanley, an estimated $6.56M sold.
Based on aggregated 13F filings for Q1 2024.