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An In-depth Analysis Of The James Dondero Owned Highland Capital Management Quarterly Report

James Dondero also popularly known as Jim has been on the credit and equity markets for over 30 years. His career in this field has mainly been focused on investment sectors that are of high yields and are distressed. In 1993, Highland Capital Management was founded by James Dondero to play a pioneering role in the development of credit oriented solutions and Collateralized Loan Obligation (CLOs) for retail and institutional investors all over the world. James Dondero has also been an innovative entrepreneur in the business field and has focused his efforts mainly on products that are changing the business industry. James Dondero is known for introducing private equity funds, institutional separate accounts, REITs, ETFs and mutual funds.

Jim Dondero had worked for the various prominent organization in executive positions before he founded Highland Capital Management. He was once the Chief Investment Officer, at Protective Life and played a major role in the formation of GIC subsidiary. He also led the subsidiary to be worth over $2B between 1989 and 1993 from an idea. Jim has also worked for American Express. He schooled and graduated from the University of Virginia. He also attended McIntire School of Commerce where he acquired an Accounting and Finance major. He is also a qualified Certified Public Accountant (CPA), Certified Management Accountant (CMA), and Chartered Financial Analyst (CFA) professional holder.

Highland Capital Management shared its quarterly 13F report to its clients and the market. The report from the James Dondero hedge fund reveals that the firm has a portfolio value of approximately $3.42 billion. This value indicates a decline of $1.49 billion from the value of the previous quarter which was $4.91 billion. The report focused its analysis on about 22.73% of the U.S Highland Capital Management assets. There was a decline of -30.41 % in the general market value of the firm. Furthermore, the firm experienced a 22.37 % turnover rate in its transactions in that quarter.

On the side of stock activity, the James Dondero’s firm had 69 new purchases. There were also a total of 62 additional purchases and 119 stocks were sold out. The firm as able to increase its stock activity in its top 10 Holdings by 29.55%, the general stock activity was still low by 80.The firms stocks activity majorly took place in the Health Care sector which led by 20 %, and it was closely followed by the Information Technology sector with 18 %. The Finance and Energy sectors come in with 18% and 12 % respectively. Consumer Discretionary closed the top five allocation list for the firm with 10%.


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