James Dondero’s Highland Capital Show New Holdings in Q3 Filings

James Dondero recently filed Highland Capital Management’s 13F for Q3 2015. From the offset, there are things that place the firms in different standing from this time a year ago. For one, its portfolio was valued at a mere $3.42 billion down from the $4.91 billion from the previous quarter. Possibly supporting this loss is the 22.73% reduction in assets they recently let go.

But reductions are not all that happened at Jim Dondero’s firm. Highland Capital has acquired new positions across several markets. They invested $23.35 in Amazon Com Inc, $17.73 million in Eagle Pharmaceuticals Inc, $17.24 million in Danaher Corp Del and $15.90 million in Intra Cellular Therapies Inc, Making up some of the largest of 69 newly acquired stocks.

New Holdings were complimented by increasing old ones. Highland Capital raised its investment in American Airlines Group to $204.25 million, Patterson Companies Inc increased to $87.91 million, Corning Inc to $54.86, Salesforce Com Inc to $35.57 million, and holdings in Kinder Morgan Inc Del rose to $5.38 million.

Money spent on new holdings and deepening their investment in others, as well as the general shifting needs of an investment firm meant that some had to go. Highland Capital sold out their holdings in Spider Series Trust, Nexpoint Cr Strategies Fd, Envision Healthcare Holdings Inc, McKesson Corp and Laboratory Corp American Holdings.

Decades after tackling the world of finance, taking positions in disparate disciplines like equity markets, credit and high yield investments helped James Dondero gain entry into Highland Capital Management. With this experience from the outside and within, it was only a matter of time before Jim became Highland Capital’s Chief Executive Officer.

Jim’s career in finance began at the University of Virginia’s School of Commerce. There he graduated with a double major in Finance and Accounting. He took these accomplishments with him along to becoming A Certified Financial Analyst and a Chartered Financial Analyst. With the certifications needed to move on ahead, Jim entered his desired field. There, he found his start with Morgan Guearanty’s training program where he earned experience as an analyst. From here, Jim went on to work with American Express, where he spent four years working as a Corporate Bond Analyst before transitions to work as their Portfolio Manager. In 1989, Jim was the Chief Investment Officer of Protective Life, and there he oversaw the administering of $2 billion in assets until 1993 when he joined Highland Capital Management where he continues to this day.

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