§ N/A
USD · N/AHFRO
HFRO
USDSector · N/A
§ 01 · PRICE
Price action
1D5D1M6MYTD1YMAX
§ 03 · SIGNAL STACK · WHAT THE INPUTS SAY
13F FLOW
39 increased/new, 30 decreased/exited (13F)
AC 13F Analysis
§ 05 · WHO OWNS IT
Top institutional holders
| Fund | Shares | % port | Δ Q/Q |
|---|---|---|---|
| Saba Capital Management, L.P. | 5.1M | 0.8% | +10% |
| NEXPOINT ASSET MANAGEMENT, L.P. | 4.1M | 1.6% | +12% |
| RAYMOND JAMES FINANCIAL INC | 3.9M | 0.0% | +3% |
| Thomas J. Herzfeld Advisors, Inc. | 2.7M | 5.3% | +11% |
| Morgan Stanley | 2.5M | 0.0% | −10% |
| ENVESTNET ASSET MANAGEMENT INC | 2.1M | 0.0% | +2% |
◇ AC INTELLIGENCE
Top institutional owners for HFRO as of the most recent 13F reporting period (Q1 2026 · Period ended Mar 31). Δ Q/Q reflects share-count change vs. the prior filing — positive green means adding, negative red means trimming. Cross-reference with the ownership-mix bars below to see which strategy cohort is driving the flow.
§ 06 · WHO OWNS IT · BY STRATEGY
OTHER45.5% · 1 holder
OTHER45.8% · 84 holders
DEALER / BANK6.1% · 7 holders
PASSIVE / INDEX2.5% · 1 holder
TACTICAL / MACRO0.0% · 1 holder
◇ AC INTELLIGENCE
Ownership mix by behavioral cohort. Top bars indicate which style of capital dominates the float — passive indexing, quality compounders, dealer/bank, systematic quant, etc. Big quality-compounder share means concentrated active conviction; heavy passive share means flows are dictated by index rebalances, not fundamentals.
§ 07 · INSIDER ACTIVITY · LAST 180 DAYS
NO INSIDER FILINGS
◇ AC INTELLIGENCE
No Form 4 filings on record for HFRO in the last 180 days.
§ 08 · COVERAGE · OUR RECENT NOTES
No notes mention HFRO yet.