A Review Of James Dondero’s Highland Capital Management Quarterly Performance

Highland Capital Management, is a James Dondero owned hedge fund firm. The firm has posted its market performance for the last quarter of 2015. The report states that the portfolio value of this hedge fund firm had a reduction of $1.49 billion. The current portfolio value is $3.42 billion while that of the previous quarter when it was $4.91 billion. Their market value stood at -30.41 % indicating a negative change. As per now, this firm has a total turnover of 22.37 %. You should note that this report covers only about 22.73% of Highland Capital Management assets, which are found in the United States.

The report further reveals that the hedge fund firms stock activity had a significant 69 new purchases. On top of this, another additional 62 new purchases were made by the firm. The hedge fund firm was also able to sell 119 of its total stock. The stock exchanges decreased by a total of 80 transactions. Despite this, Highland Capital Management was able to increase its stocks in its top 10 Holdings by around 29.55%.

The firm currently has assets worth over $15.04 billion under it’s management. Highland Capital Management Lp’s equity exposure represents 22.73% of assets. This value has been pillared by the new purchases this firm has been able to make. The top purchases for Highland Capital Management were S&P 500 Etf Tr were a stock worth$67.07 million was purchased; Amazon Com Inc had a stock worth $23.35 million purchased and Eagle Pharmaceuticals Inc had a stock worth $17.73 million purchased. These stocks were the top purchases by the hedge fund firm out of the 69 new stocks. This firm focused its stock purchases in the healthcare sector 20 %; the information technology sector 18 %; finance sector 18 %; energy sector 12 %; consumer discretionary was 10 %.

James Dondero has been in the credits and equities market for over 30 years, and he has served in various managerial position. Jim has also been severally appointed to serve in board of directors of various companies. Some of the companies that James has sat on their management boards are American Banknote Corporation, MGM Studios and NexBank. He has also been a board member CCS Medical and Cornerstone Healthcare.

He currently seats in the board of directors for NexPoint Residential Trust, Inc, a board he was recently appointed to. Jim is also known for his innovativeness in the business and financial industries. He has helped the industry come up with numerous game-changing products for the market.


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