Highland Global Allocation Fund
HGLB
40 hedge funds and large institutions have $29.5M invested in Highland Global Allocation Fund in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 7 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
2% less funds holding
Funds holding: 41 → 40 (-1)
5.26% less ownership
Funds ownership: 22.28% → 17.02% (-5.3%)
10% less capital invested
Capital invested by funds: $32.7M → $29.5M (-$3.2M)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$415K |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$309K |
| 3 |
LPL Financial
San Diego,
California
|
+$293K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$215K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
+$136K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.7M |
| 2 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
-$3.2M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$589K |
| 4 |
Millennium Management
New York
|
-$531K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$476K |
HGLB Hedge Fund Activity: Q1 2021 in Review
40 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Highland Global Allocation Fund (HGLB) for Q1 2021, worth a combined $29.5M — down 9.8% from $32.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of HGLB and 6 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 13 added.
The largest buyer was Osaic Holdings, adding an estimated $415K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $3.7M sold.
- 40 institutional investors held Highland Global Allocation Fund (HGLB) as of Q1 2021, down from 41 in Q4 2020.
- Funds reported $29.5M of Highland Global Allocation Fund stock for Q1 2021, down 9.8% quarter-over-quarter.
- 6 funds opened new Highland Global Allocation Fund positions in Q1 2021 and 7 closed out, a net change of -1 holder.
- The largest Highland Global Allocation Fund buyer in Q1 2021 was Osaic Holdings, an estimated $415K added.
- The largest Highland Global Allocation Fund seller in Q1 2021 was Rivernorth Capital Management, an estimated $3.7M sold.
Based on aggregated 13F filings for Q1 2021.