Third quarter reports filed to the SEC by Highland Capital Management show a change in the way the fund is managing its assets. The fund is managed by James Dondero, and he has chosen to make some changes to his overall approach to the fund. The fund has become one of the best in America, and Jim has grown the fund to feature billions of dollars that are under management. This article explains how Jim has created a wonderful hedge fund that is flexible enough to make changes quickly.
#1: HCM Released Many Stocks From Its PortfolioHCM chose to release many stocks from its portfolio to make room for other stocks the company wanted to add. Jim believes that his company should be as diverse as possible, and only about 25% of his holdings are in the United States at this time. The assets listed in the report show that HCM has moved many of its holdings overseas, and there are many ways the company may change its makeup to help improve diversity.
#2: HCM Chose To Add A Few Stocks
HCM added stocks to its portfolio in the healthcare in medical industries, and the company is increasing its holdings in healthcare in America as its changes its portfolio abroad. Adding stocks to the portfolio helps keep all the money under management in a place that was chosen specifically by Jim. Jim is an investment icon who has created many investment tools on his own, and he is using much of the money at his own company in these new investment tools he has created.
#3: The Company Is Shifting Overseas More
The HCM team is shifting its holdings overseas more every year, and the reports filed to the SEC show that HCM has only a fourth of what it owns in America. Jim has chosen to move his company around the world, and his holdings are becoming a windfall for companies in Europe who are in need of cash. Moving the money overseas has helped other companies, and Jim wants HCM to have as much posterity as he can find.
There are many ways in which Highland Capital Management is changing for the better, and their recent filing shows the company is moving forward with diversity. There are several different new acquisitions at HCM, and Jim has created a brand new fund focused more on overseas investment and healthcare.