Latest HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS, L.P. Stock Portfolio

HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS, L.P. Performance:

2025 Q1: 0.59%YTD: 0.59%2024: 6.7%

Performance for 2025 Q1 is 0.59%, and YTD is 0.59%, and 2024 is 6.7%.

About HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS, L.P. and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, NEXPOINT ASSET MANAGEMENT, L.P. reported an equity portfolio of $1.1 Billions as of 31 Mar, 2025.

The top stock holdings of NEXPOINT ASSET MANAGEMENT, L.P. are NREF, ITCI, PDCO. The fund has invested 11.5% of it's portfolio in NEXPOINT REAL ESTATE FIN INC and 8% of portfolio in INTRA-CELLULAR THERAPIES INC.

The fund managers got completely rid off SMARTSHEET INC (SMAR), BARNES GROUP INC (B) and RETAIL OPPORTUNITY INVTS COR (ROIC) stocks. They significantly reduced their stock positions in NEXPOINT RESIDENTIAL TR INC (NXRT), MARTIN MIDSTREAM PRTNRS L P (MMLP) and NEXPOINT DIVERSIFIED REL ET (NXDT). NEXPOINT ASSET MANAGEMENT, L.P. opened new stock positions in INTRA-CELLULAR THERAPIES INC (ITCI), PAYCOR HCM INC (PYCR) and SOLARWINDS CORP (SWI). The fund showed a lot of confidence in some stocks as they added substantially to BEACON ROOFING SUPPLY INC (BECN), ALTUS POWER INC (AMPS) and ECOVYST INC (ECVT).

HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS, L.P. Annual Return Estimates Vs S&P 500

Our best estimate is that NEXPOINT ASSET MANAGEMENT, L.P. made a return of 0.59% in the last quarter. In trailing 12 months, it's portfolio return was 5.85%.

New Buys

Ticker	$ Bought
intra-cellular therapies inc	91,193,700
paycor hcm inc	71,270,800
solarwinds corp	53,721,200
despegar com corp	34,679,800
juniper networks inc	33,265,800
united states stl corp new	20,941,900
pactiv evergreen inc	15,002,600
enfusion inc	9,851,280

New stocks bought by HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS, L.P.

Additions

Ticker	% Inc.
beacon roofing supply inc	12,820
altus power inc	2,979
ecovyst inc	977
nordstrom inc	809
green plains inc	805
patterson cos inc	755
e2open parent holdings inc	149
bausch plus lomb corp	147

Additions to existing portfolio by HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS, L.P.

Reductions

Ticker	% Reduced
nexpoint residential tr inc	-41.17
martin midstream prtnrs l p	-10.39
nexpoint diversified rel et	-1.3

HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS, L.P. reduced stake in above stock

Sold off

Ticker	$ Sold
retail opportunity invts cor	-50,490,200
avid bioservices inc	-22,901,900
endeavor group hldgs inc	-38,827,100
zuora inc	-11,967,600
barnes group inc	-54,368,000
smartsheet inc	-56,105,400
hashicorp inc	-28,560,700
revelyst inc	-15,705,500

HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS, L.P. got rid off the above stocks

Sector Distribution

NEXPOINT ASSET MANAGEMENT, L.P. has about 18.4% of it's holdings in Real Estate sector.

Sector	%
Real Estate	18.4
Healthcare	17.4
Technology	16.5
Consumer Cyclical	11
Others	8.6
Energy	8.6
Industrials	8.4
Financial Services	4
Consumer Defensive	3.3
Basic Materials	2.4
Utilities	1.3

Market Cap. Distribution

NEXPOINT ASSET MANAGEMENT, L.P. has about 15.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	45.3
SMALL-CAP	18.2
LARGE-CAP	15.1
MICRO-CAP	12.8
UNALLOCATED	8.6

Stocks belong to which Index?

About 70.6% of the stocks held by NEXPOINT ASSET MANAGEMENT, L.P. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
RUSSELL 2000	59.7
Others	29.3
S&P 500	10.9

Top 5 Winners (%)		%
HRTX	heron therapeutics inc	43.8 %
HES	hess corp	20.1 %
CWEN	clearway energy inc	16.4 %
MELI	mercadolibre inc	14.7 %
X	united states stl corp new	13.0 %

Top 5 Winners ($)		$
HES	hess corp	4.8 M
ITCI	intra-cellular therapies inc	2.6 M
BECN	beacon roofing supply inc	2.6 M
X	united states stl corp new	2.4 M
TRGP	targa res corp	1.4 M

Top 5 Losers (%)		%
INDI	indie semiconductor inc	-47.2 %
URG	ur-energy inc	-41.4 %
CLNE	clean energy fuels corp	-38.3 %
GPRE	green plains inc	-25.9 %
MYRG	myr group inc del	-24.0 %

Top 5 Losers ($)		$
NXRT	nexpoint residential tr inc	-3.6 M
NREF	nexpoint real estate fin inc	-3.4 M
RC	ready capital corp	-1.4 M
VST	vistra corp	-1.4 M
ET	energy transfer l p	-1.2 M

HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS, L.P. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS, L.P.

NEXPOINT ASSET MANAGEMENT, L.P. has 79 stocks in it's portfolio. About 60.7% of the portfolio is in top 10 stocks. NXRT proved to be the most loss making stock for the portfolio. HES was the most profitable stock for NEXPOINT ASSET MANAGEMENT, L.P. last quarter.

Last Reported on: 15 May, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AGS	playags inc	0.23	214,701	2,600,030	unchanged	0.00

AMPS	altus power inc	0.40	923,850	4,573,060	added	2,979

AMSWA	logility supply chain soluti	0.41	326,260	4,652,470	new

ARCH	arch resources inc	0.00	0.00	0.00	sold off	-100

ARE	alexandria real estate eq in	0.45	56,000	5,180,560	unchanged	0.00

ATSG	air transport services grp i	2.43	1,236,980	27,757,700	added	18.69

B	barnes group inc	0.00	0.00	0.00	sold off	-100

BALY	ballys corporation	0.00	0.00	0.00	sold off	-100

BECN	beacon roofing supply inc	5.05	465,150	57,539,100	added	12,820

BHR	braemar hotels & resorts inc	0.65	565,750	7,360,410	unchanged	0.00

BLCO	bausch plus lomb corp	0.06	50,158	727,291	added	147

CACI	caci intl inc	0.16	5,133	1,883,400	new

CDMO	avid bioservices inc	0.00	0.00	0.00	sold off	-100

CEPU	central puerto s a	0.52	530,000	5,877,700	unchanged	0.00

CHX	championx corporation	0.00	0.00	0.00	sold off	-100

CLNE	clean energy fuels corp	0.00	26,200	40,610	unchanged	0.00

COTY	coty inc	0.19	396,300	2,167,760	new

CSGP	costar group inc	0.00	0.00	0.00	sold off	-100

CWEN	clearway energy inc	0.03	12,100	366,267	unchanged	0.00

DESP	despegar com corp	3.04	1,845,650	34,679,800	new