Highland Capital Management (HCM) is a registered investment consultant firm that offers the best credit strategies. The 13F quarterly report represents only 22.73% of Jim Dondero’s HCM that is listed in the United States. In the quarterly, the company made 69 new purchases with the following transactions topping the list; the $67.07 million for the acquisition of Spdr S&P 500, $23.35 million for the purchase of Amazon Com Inc, $17.73 million for acquiring Eagle Pharmaceuticals and the $17.24 million for acquiring Danaher Corp.
HCM also increased its shares in some of the existing ones like the addition of 60% of the American Airls Group to $204.25 million, 173% of Kinder Morgan Inc., the 18% increase in its Salesforce Com Inc and the 10.10% increase of its shares in Burlington Stores Inc. They also sold some shares to the market. For instance, James Dondero’s HCM sold out its 5.63% stake in Spdr Series Trust, 0.81% of its Nexpoint Cr shares, and the 0.43% of the Laboratory Corp Amer Holdings shares. The reasons for selling the shares was either due to secure the HCM Lp’s capital or to add its value. The top holdings managed by the company currently include the American Airls, Ishares Tr and the Salesforce Com and the three constitute about 13.59% of the company’s portfolio.
Jim Dondero, the President and founder of the Highland Capital Management studied double majors and graduated from the University of Virginia. He graduated with a bachelor in accounting and finance and is also a Certified Management Account and a Chartered Financial Analyst. Before starting HCM, he used to work and built the Protective Life a subsidiary of GIC as the Chief Investment Officer. The branch grew to over $2B between 1989 & 1993. Jim has also worked for the American Express as their Portfolio manager and an analyst at the Corporate Bond.
Highland Capital Management is a top notch company that has been tested by some credit cycles. Jim as the president and founder of the enterprise ensures that discipline through transparency is present where there are aligned interests. The company started in 1993 under his leadership, and it has been the best in developing solutions applicable to retail investors and institutions. James Dondero also chairs other entities like the Cornerstone Healthcare and the Nexbank. He is an active philanthropic who supports education and public policy. Mr. Jim graduated from the University of Virginia with a degree in accounting and finance. For a detailed insight on the 13F quarterly report click here.