Highland Global Allocation Fund
HGLB
38 hedge funds and large institutions have $32.4M invested in Highland Global Allocation Fund in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 18 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
22% more capital invested
Capital invested by funds: $26.5M → $32.4M (+$5.88M)
6% more funds holding
Funds holding: 36 → 38 (+2)
3.79% less ownership
Funds ownership: 26.16% → 22.37% (-3.8%)
61% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$2.85M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.59M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$96.5K |
| 4 |
OC
Oppenheimer & Co
New York
|
+$85.1K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$44.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.25M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$2.09M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.98M |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.14M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.11M |
HGLB Hedge Fund Activity: Q2 2020 in Review
38 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Highland Global Allocation Fund (HGLB) for Q2 2020, worth a combined $32.4M — up 22% from $26.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new HGLB positions and 4 closed out — a net gain of 2 holders — while 7 added to existing stakes and 18 trimmed.
The largest buyer was Clough Capital Partners, opening a new position worth an estimated $2.85M. The largest seller was Royal Bank of Canada, cutting an estimated $3.25M.
- 38 institutional investors held Highland Global Allocation Fund (HGLB) as of Q2 2020, up from 36 in Q1 2020.
- Funds reported $32.4M of Highland Global Allocation Fund stock for Q2 2020, up 22% quarter-over-quarter.
- 6 funds opened new Highland Global Allocation Fund positions in Q2 2020 and 4 closed out, a net change of +2 holders.
- The largest Highland Global Allocation Fund buyer in Q2 2020 was Clough Capital Partners, an estimated $2.85M added.
- The largest Highland Global Allocation Fund seller in Q2 2020 was Royal Bank of Canada, an estimated $3.25M sold.
Based on aggregated 13F filings for Q2 2020.