Skip to main content

Highland Opportunities & Income Fund

HFRO
Exchange
NYSE
SEC CIK
0001710680

No open-market purchases or sales by Highland Opportunities & Income Fund insiders were filed in the last 90 days; 91 institutions reported holding it in 13F filings for Q2 2026, worth $226.4M in total; no superinvestor holds it.

Other share classesHFRO.PAHFRO.PB

13F holders, Q4 2021

Institutional positions in Highland Opportunities & Income Fund as of Dec 31, 2021. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
102
+5 vs. Q3 2021
Shares held
24.6M
−2.58M (−9.5%) vs. Q3 2021
Total value
$270.6M
−$22.5M (−7.7%) vs. Q3 2021
New holders
22
29 more added
Sold out
17
32 more reduced

2 institutions that held it in Q3 2021 haven't filed for Q4 2021 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2021: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting HFRO on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2021: 102 institutions
Q1 2021: 95 institutionsQ2 2021: 98 institutionsQ3 2021: 99 institutionsQ4 2021: 102 institutionsQ1 2022: 97 institutionsQ2 2022: 101 institutionsQ3 2022: 94 institutionsQ4 2022: 102 institutionsQ1 2023: 100 institutionsQ2 2023: 97 institutionsQ3 2023: 105 institutionsQ4 2023: 104 institutionsQ1 2024: 107 institutionsQ2 2024: 101 institutionsQ3 2024: 101 institutionsQ4 2024: 111 institutionsQ1 2025: 96 institutionsQ2 2025: 92 institutionsQ3 2025: 94 institutionsQ4 2025: 105 institutionsQ1 2026: 95 institutionsQ2 2026: 91 institutions
Value heldQ4 2021: $270.6M
Q1 2021: $282.4MQ2 2021: $264.1MQ3 2021: $293.5MQ4 2021: $270.6MQ1 2022: $280.5MQ2 2022: $270.4MQ3 2022: $226.5MQ4 2022: $252.4MQ1 2023: $216.6MQ2 2023: $216.8MQ3 2023: $198.7MQ4 2023: $198.8MQ1 2024: $202.6MQ2 2024: $191.5MQ3 2024: $178.9MQ4 2024: $146.5MQ1 2025: $131.1MQ2 2025: $138.2MQ3 2025: $177.0MQ4 2025: $177.4MQ1 2026: $173.2MQ2 2026: $226.4M
Institutions holding HFRO and their total value by quarter
QuarterHoldersValue
Q2 202691$226.4M
Q1 202695$173.2M
Q4 2025105$177.4M
Q3 202594$177.0M
Q2 202592$138.2M
Q1 202596$131.1M
Q4 2024111$146.5M
Q3 2024101$178.9M
Q2 2024101$191.5M
Q1 2024107$202.6M
Q4 2023104$198.8M
Q3 2023105$198.7M
Q2 202397$216.8M
Q1 2023100$216.6M
Q4 2022102$252.4M
Q3 202294$226.5M
Q2 2022101$270.4M
Q1 202297$280.5M
Q4 2021102$270.6M
Q3 202199$293.5M
Q2 202198$264.1M
Q1 202195$282.4M

Institutions, Q4 2021

Shares, value and share of portfolio for each institution holding Highland Opportunities & Income Fund; share changes are against Q3 2021.

Institutions holding HFRO in Q4 2021
InstitutionSharesValue% of portfolioChange in sharesAction
Morgan Stanley4,381,429$48.2M0.01%+95,591+2.2%Added
Thomas J. Herzfeld Advisors, Inc.2,725,128$29.9M10.87%+189,209+7.5%Added
Royal Bank of Canada1,921,090$21.1M0.01%+35,428+1.9%Added
Invesco Ltd.1,387,336$15.2M0.00%−74,912−5.1%Reduced
Cambridge Investment Research Advisors, Inc.1,167,645$12.8M0.06%−43,989−3.6%Reduced
Wells Fargo & Company1,091,357$12.0M0.00%−123,201−10.1%Reduced
Rivernorth Capital Management, LLC969,893$10.7M0.43%−28,352−2.8%Reduced
Penserra Capital Management LLC948,414$10.4M0.22%+13,151+1.4%Added
Quantedge Capital Pte Ltd928,193$10.2M4.31%−95,039−9.3%Reduced
LPL Financial LLC781,635$8.59M0.01%−5,427−0.7%Reduced
Camelot Portfolios, LLC763,355$8.39M3.38%+82,156+12.1%Added
Advisor Group Holdings, Inc.602,452$6.62M0.01%−35,328−5.5%Reduced
Envestnet Asset Management Inc562,727$6.18M0.00%+73,091+14.9%Added
Bulldog Investors, LLP490,758$5.39M1.44%+50,079+11.4%Added
Oppenheimer & Co Inc480,317$5.28M0.09%−4,438−0.9%Reduced
IHT Wealth Management, LLC463,882$5.10M0.38%−11,637−2.4%Reduced
Geneos Wealth Management Inc.419,002$4.60M0.18%−12,986−3.0%Reduced
Raymond James & Associates354,722$3.90M0.00%+90,306+34.2%Added
Commonwealth Equity Services, LLC336,695$3.70M0.01%+9,650+3.0%Added
Highland Capital Management Fund Advisors, L.P.334,005$3.67M0.52%00.0%Unchanged
Landscape Capital Management, L.L.C.259,652$2.85M0.40%+259,652New
Segantii Capital Management Ltd217,275$2.39M0.08%+217,275New
Bokf, NA208,966$2.30M0.04%+1,037+0.5%Added
Advisor Resource Council179,709$1.98M0.15%+179,709New
Aristides Capital LLC164,616$1.81M1.04%00.0%Unchanged
Pinnacle Wealth Planning Services, Inc.125,283$1.38M0.28%−3,002−2.3%Reduced
Marks Group Wealth Management, Inc115,740$1.27M0.16%00.0%Unchanged
Park Avenue Securities LLC113,263$1.25M0.02%+12,960+12.9%Added
6 Meridian106,258$1.17M0.09%−7,192−6.3%Reduced
Koshinski Asset Management, Inc.102,439$1.13M0.09%−198−0.2%Reduced
Truist Financial Corp97,714$1.07M0.00%+1,964+2.1%Added
Steward Partners Investment Advisory, LLC88,828$976.0K0.01%−8,147−8.4%Reduced
Janney Montgomery Scott LLC87,695$964.0K0.00%+4,295+5.1%Added
Arete Wealth Advisors, LLC85,527$940.0K0.08%−3,823−4.3%Reduced
Retirement Guys Formula LLC80,725$888.0K0.70%+80,725New
AEGON USA Investment Management, LLC74,565$819.0K0.23%00.0%Unchanged
Arnhold LLC72,500$797.0K0.09%00.0%Unchanged
Wealth Management Solutions, LLC70,307$773.0K0.40%+70,307New
Sigma Planning Corp70,226$772.0K0.02%−16,854−19.4%Reduced
Kingsview Wealth Management, LLC67,557$742.0K0.03%+1,328+2.0%Added
Qube Research & Technologies Ltd58,650$645.0K0.00%+58,650New
MONECO Advisors, LLC53,207$599.0K0.23%−4,286−7.5%Reduced
Walleye Capital LLC52,567$578.0K0.02%+52,567New
HighTower Advisors, LLC48,426$536.0K0.00%+4,073+9.2%Added
Knightsbridge Asset Management, LLC41,846$460.0K0.15%+855+2.1%Added
Millennium Management LLC40,289$443.0K0.00%+3,045+8.2%Added
Icon Advisers Inc40,172$441.0K0.07%−229,776−85.1%Reduced
Private Advisor Group, LLC38,591$424.0K0.00%+24,199+168.1%Added
Cetera Advisor Networks LLC37,642$414.0K0.01%−15,725−29.5%Reduced
Foresight Wealth Management, LLC36,298$399.0K0.15%+5,297+17.1%Added
Independent Financial Group, LLC34,695$381.3K0.03%00.0%Unchanged
GWM Advisors LLC31,806$349.0K0.01%+31,806New
TCG Advisory Services, LLC29,625$326.0K0.08%−864−2.8%Reduced
Advisors Asset Management, Inc.27,341$300.5K0.00%−428−1.5%Reduced
Avantax Advisory Services, Inc.26,311$289.0K0.00%+1,011+4.0%Added
Moors & Cabot, Inc.25,800$284.0K0.02%+10,000+63.3%Added
Cantor Fitzgerald Investment Adviser L.P.24,274$267.0K0.02%00.0%Unchanged
CSS LLC24,025$264.0K0.01%−14,858−38.2%Reduced
Cetera Investment Advisers23,672$260.0K0.00%−13,883−37.0%Reduced
Kestra Advisory Services, LLC23,189$255.0K0.00%−25,403−52.3%Reduced
Arlington Capital Management, Inc.22,110$243.0K0.44%+166+0.8%Added
NEXT Financial Group, Inc20,949$230.0K0.02%+4,980+31.2%Added
Integrated Capital Management, Inc.20,131$221.0K0.17%+1,503+8.1%Added
Winmill & Co. Inc19,330$212.0K0.06%00.0%Unchanged
Pekin Hardy Strauss, Inc.18,733$206.0K0.03%−8,691−31.7%Reduced
V Wealth Advisors LLC18,397$202.0K0.03%+54+0.3%Added
Washington Trust Co18,150$199.0K0.01%00.0%Unchanged
Keystone Wealth Services, LLC17,816$196.0K0.08%+17,816New
Stephens Inc17,570$193.0K0.00%−2,619−13.0%Reduced
Cresset Asset Management, LLC17,000$187.0K0.00%00.0%Unchanged
UBS Group AG16,721$183.0K0.00%−5,224−23.8%Reduced
Gladstone Institutional Advisory LLC16,543$182.0K0.01%+16,543New
Walleye Trading LLC16,424$180.0K0.00%+16,424New
Ahrens Investment Partners LLC16,200$178.0K0.08%−11,100−40.7%Reduced
Carroll Financial Associates, Inc.14,900$164.0K0.01%00.0%Unchanged
Mariner Investment Group LLC14,900$164.0K0.07%+14,900New
Advisory Services Network, LLC14,022$154.0K0.00%+775+5.9%Added
Spire Wealth Management13,257$146.0K0.00%−25,800−66.1%Reduced
Beacon Financial Advisory LLC13,143$144.0K0.07%−454−3.3%Reduced
KFA Private Wealth Group, LLC12,822$141.0K0.07%−17,328−57.5%Reduced
MML Investors Services, LLC11,741$129.0K0.00%+11,741New
Bank of America Corp8,757$96.0K0.00%−24,705−73.8%Reduced
JPMorgan Chase & Co8,645$95.0K0.00%+8,645New
US Bancorp8,319$91.0K0.00%00.0%Unchanged
Proequities, Inc.6,356$70.0K0.00%+129+2.1%Added
Rockefeller Capital Management L.P.3,120$34.0K0.00%00.0%Unchanged
American Portfolios Advisors2,563$28.2K0.00%+53+2.1%Added
Creative Financial Designs Inc2,363$26.0K0.00%00.0%Unchanged
Byrne Asset Management LLC1,800$20.0K0.01%+1,800New
Bessemer Group Inc1,408$15.0K0.00%+1,408New
Tradition Wealth Management, LLC1,193$13.0K0.00%00.0%Unchanged
Princeton Global Asset Management LLC1,125$12.0K0.00%+1,125New
Concord Wealth Partners649$7.00K0.00%+649New
JNBA Financial Advisors544$6.00K0.00%+11+2.1%Added
Tradewinds Capital Management, LLC578$6.00K0.00%00.0%Unchanged
Widmann Financial Services, Inc.606$6.00K0.00%+606New
AlphaMark Advisors, LLC400$4.00K0.00%00.0%Unchanged
Sound Income Strategies, LLC382$4.00K0.00%00.0%Unchanged
Cedar Mountain Advisors, LLC82$1.00K0.00%00.0%Unchanged
CoreCap Advisors, LLC57$1.00K0.00%+57New