Highland Global Allocation Fund
HGLB
35 hedge funds and large institutions have $44.4M invested in Highland Global Allocation Fund in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 16 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
13% more funds holding
Funds holding: 31 → 35 (+4)
2.23% more ownership
Funds ownership: 16.37% → 18.6% (+2.2%)
4% more capital invested
Capital invested by funds: $42.9M → $44.4M (+$1.55M)
50% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$4.76M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.04M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.33M |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$590K |
| 5 |
6M
6 Meridian
Wichita,
Kansas
|
+$466K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$1.49M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$610K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$338K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$249K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$247K |
HGLB Hedge Fund Activity: Q3 2019 in Review
35 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Highland Global Allocation Fund (HGLB) for Q3 2019, worth a combined $44.4M — up 3.6% from $42.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new HGLB positions and 3 closed out — a net gain of 5 holders — while 8 added to existing stakes and 16 trimmed.
The largest buyer was Cambridge Investment Research Advisors, opening a new position worth an estimated $4.76M. The largest seller was Avantax Advisory Services, exiting entirely with an estimated $1.49M sold.
- 35 institutional investors held Highland Global Allocation Fund (HGLB) as of Q3 2019, up from 31 in Q2 2019.
- Funds reported $44.4M of Highland Global Allocation Fund stock for Q3 2019, up 3.6% quarter-over-quarter.
- 8 funds opened new Highland Global Allocation Fund positions in Q3 2019 and 3 closed out, a net change of +5 holders.
- The largest Highland Global Allocation Fund buyer in Q3 2019 was Cambridge Investment Research Advisors, an estimated $4.76M added.
- The largest Highland Global Allocation Fund seller in Q3 2019 was Avantax Advisory Services, an estimated $1.49M sold.
Based on aggregated 13F filings for Q3 2019.