Highland Global Allocation Fund
HGLB
41 hedge funds and large institutions have $41.4M invested in Highland Global Allocation Fund in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 9 closing their positions.
14% more capital inflows, than outflows
Capital inflows: $5.27M | Capital outflows: $4.64M
0.11% more ownership
Funds ownership: 21.13% → 21.24% (+0.11%)
5% less funds holding
Funds holding: 43 → 41 (-2)
20% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 15
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.53M |
| 2 |
Matisse Capital
Portland,
Oregon
|
+$963K |
| 3 |
Shaker Financial Services
Arlington,
Virginia
|
+$899K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$396K |
| 5 |
AQR Arbitrage
Greenwich,
Connecticut
|
+$313K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Advisor Networks
El Segundo,
California
|
-$1.65M |
| 2 |
Morgan Stanley
New York
|
-$606K |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
-$568K |
| 4 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$458K |
| 5 |
Aristides Capital
Louisville,
Kentucky
|
-$417K |
HGLB Hedge Fund Activity: Q2 2023 in Review
41 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in Highland Global Allocation Fund (HGLB) for Q2 2023, worth a combined $41.4M — down 20% from $51.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of HGLB and 7 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 12 added.
The largest buyer was LPL Financial, adding an estimated $1.53M. The largest seller was Cetera Advisor Networks, exiting entirely with an estimated $1.65M sold.
- 41 institutional investors held Highland Global Allocation Fund (HGLB) as of Q2 2023, down from 43 in Q1 2023.
- Funds reported $41.4M of Highland Global Allocation Fund stock for Q2 2023, down 20% quarter-over-quarter.
- 7 funds opened new Highland Global Allocation Fund positions in Q2 2023 and 9 closed out, a net change of -2 holders.
- The largest Highland Global Allocation Fund buyer in Q2 2023 was LPL Financial, an estimated $1.53M added.
- The largest Highland Global Allocation Fund seller in Q2 2023 was Cetera Advisor Networks, an estimated $1.65M sold.
Based on aggregated 13F filings for Q2 2023.