Overview of Highland Capital Management LP Stocks

On a recent SEC filing it was noted that the portfolio value of Highland Capital hedge fund amounted to $3.43 billion. According to the previous record taken this was a negative shift from $4.91 billion. The filling decrease of $1.48 represented approximately 22.81% of the company’s assets in relation to the US listing. Highland Capital under management holds over $15.04 billion and only 22.81% of the assets are exposed. New positions were stated in this quarter under the management of James Dondero such as amazon com Inc. for $23.25 million and intra-cellular therapies Inc. for $15.90million among others. According to the records of the new holdings, these were the 5 biggest positions.

The SEC filing showed that the hedge fund had upped its stakes and also highland capital managed acquiring part of stakes in Burlington stores, Sales-force com Inc. and LDR holding corporation by impressing percentages. This has enabled highland capital to build positions hence having a normal strategy for investment.
Reduced Positions and the Sold Stocks
The fund disposed by James Dondero to the stakes was aimed at increasing value, momentum or place the company at a better position. These stakes were sold out to 5 firms. In addition to these, some part of the fund was slushed into notable percentages. The filing also indicated the securities in the energy sector and the slash of both finance and health sectors. These gave the Q3 2015 fund sector.

Great works of James Dondero

Jim is one of the people who cannot be left in a discussion when highland capital management is mentioned. He is the co-founder and chief executive officer of Highland Capital. Currently he lives in Dallas, Texas and has had over 30years experience in equity markets and credit. His major concerns and focus are on distressed investing. Dondero is a graduate of university of Virginia where he majored in finance and accounting. He is also a certified management accountant and is among the few people who have the right of using the designation of Chartered Financial Analyst

Apart from being the head of Highland Capital, Jim also serves as the president of Cornerstone Healthcare, Nexbank and CCS Medical. He is also among the board members of MGM Studios and American Banknote. Philanthropically Dondero also supports initiatives in public policy and education. His efforts in the management of Highland Capital have brought about impressing returns and investments. His experience in preferred stocks, common stocks and grade corporates has been very essential.

Read the full article here.

Leave a Reply