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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 2022

Institutional positions in Highland Opportunities & Income Fund as of Dec 31, 2022. 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
+10 vs. Q3 2022
Shares held
24.5M
+1.31M (+5.6%) vs. Q3 2022
Total value
$252.4M
+$26.5M (+11.8%) vs. Q3 2022
New holders
18
38 more added
Sold out
8
28 more reduced

2 institutions that held it in Q3 2022 haven't filed for Q4 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2022: 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 2022: 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 2022: $252.4M
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 2022

Shares, value and share of portfolio for each institution holding Highland Opportunities & Income Fund; share changes are against Q3 2022.

Institutions holding HFRO in Q4 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Morgan Stanley4,613,865$47.5M0.01%+80,794+1.8%Added
Thomas J. Herzfeld Advisors, Inc.2,460,982$25.3M10.39%+65,872+2.8%Added
Royal Bank of Canada2,015,798$20.8M0.01%−1,580−0.1%Reduced
Invesco Ltd.1,333,372$13.7M0.00%+7,760+0.6%Added
Atlas Wealth LLC1,034,941$10.7M2.87%+1,034,941New
LPL Financial LLC1,023,537$10.5M0.01%+31,947+3.2%Added
Envestnet Asset Management Inc881,924$9.08M0.00%+235,866+36.5%Added
Penserra Capital Management LLC751,669$7.74M0.17%+67,541+9.9%Added
Highland Capital Management Fund Advisors, L.P.728,047$7.50M0.58%+394,042+118.0%Added
Cambridge Investment Research Advisors, Inc.688,772$7.09M0.04%−247,214−26.4%Reduced
Oppenheimer & Co Inc526,088$5.42M0.12%+2,421+0.5%Added
Advisor Group Holdings, Inc.514,947$5.30M0.01%−391,236−43.2%Reduced
Quantedge Capital Pte Ltd510,096$5.25M1.76%−216,807−29.8%Reduced
Wells Fargo & Company499,456$5.14M0.00%−48,095−8.8%Reduced
Camelot Portfolios, LLC496,242$5.11M3.78%+47,752+10.6%Added
IHT Wealth Management, LLC474,469$4.89M0.31%+7,540+1.6%Added
Geneos Wealth Management Inc.415,171$4.28M0.26%−23,127−5.3%Reduced
Amundi390,781$4.13M0.00%00.0%Unchanged
Bulldog Investors, LLP397,753$4.10M1.23%00.0%Unchanged
Nations Financial Group Inc,397,152$4.09M0.46%−9,892−2.4%Reduced
Commonwealth Equity Services, LLC378,993$3.90M0.01%+41,924+12.4%Added
Raymond James & Associates364,447$3.75M0.00%+40,445+12.5%Added
Raymond James Financial Services Advisors, Inc.318,899$3.28M0.01%+105,024+49.1%Added
Truist Financial Corp252,645$2.60M0.00%+75,725+42.8%Added
Bokf, NA206,724$2.13M0.04%+17,210+9.1%Added
Aristides Capital LLC164,616$1.70M1.05%00.0%Unchanged
UBS Group AG141,200$1.45M0.00%+30,945+28.1%Added
LVZ Advisors, Inc.136,680$1.41M0.22%+136,680New
Matisse Capital135,000$1.39M1.24%00.0%Unchanged
Marks Group Wealth Management, Inc122,252$1.26M0.17%+5,137+4.4%Added
Park Avenue Securities LLC112,512$1.16M0.02%−1,545−1.4%Reduced
Janney Montgomery Scott LLC101,610$1.05M0.00%−7,048−6.5%Reduced
Pinnacle Wealth Planning Services, Inc.98,552$1.02M0.18%−10.0%Reduced
Knightsbridge Asset Management, LLC90,814$935.0K0.18%+1,886+2.1%Added
Baird Financial Group, Inc.90,235$929.0K0.00%−6,431−6.7%Reduced
HighTower Advisors, LLC89,013$921.0K0.00%+89,013New
Arete Wealth Advisors, LLC89,283$919.6K0.08%+1,804+2.1%Added
Steward Partners Investment Advisory, LLC82,685$851.7K0.01%−10,775−11.5%Reduced
Rockefeller Capital Management L.P.72,441$746.0K0.00%−30,021−29.3%Reduced
Kingsview Wealth Management, LLC71,520$736.7K0.03%+6,744+10.4%Added
Qube Research & Technologies Ltd63,073$649.7K0.00%+907+1.5%Added
Walleye Capital LLC59,245$610.2K0.01%−32,891−35.7%Reduced
Landscape Capital Management, L.L.C.57,401$591.2K0.09%−185,280−76.3%Reduced
Cetera Advisor Networks LLC55,731$574.0K0.00%+3,513+6.7%Added
Atria Wealth Solutions, Inc.48,023$494.6K0.01%+1,179+2.5%Added
MONECO Advisors, LLC47,893$493.3K0.18%−7,474−13.5%Reduced
Captrust Financial Advisors47,609$490.4K0.00%−20.0%Reduced
Wealth Management Solutions, LLC47,303$487.0K0.26%−5,080−9.7%Reduced
All Season Financial Advisors, Inc.46,261$476.5K0.42%+528+1.2%Added
Independent Financial Group, LLC44,443$457.8K0.04%+7,304+19.7%Added
Arlington Capital Management, Inc.41,231$424.7K0.47%+41,231New
Avantax Advisory Services, Inc.40,702$419.2K0.01%−1,843−4.3%Reduced
National Asset Management, Inc.37,431$385.5K0.01%−266−0.7%Reduced
Susquehanna International Group, LLP37,046$381.6K0.00%+37,046New
Stephens Inc31,297$322.4K0.01%+12,827+69.4%Added
Kestra Advisory Services, LLC30,859$317.8K0.00%−1,421−4.4%Reduced
Melfa Wealth Management, LLC30,819$317.4K0.33%+30,819New
Global Retirement Partners, LLC29,301$301.8K0.02%−208−0.7%Reduced
CNH Partners LLC28,178$290.2K0.01%+16,113+133.6%Added
Independent Solutions Wealth Management, LLC27,530$283.6K0.09%00.0%Unchanged
Elequin Capital LP26,500$272.9K0.08%+26,500New
Cetera Investment Advisers24,449$251.8K0.00%+11,254+85.3%Added
Scotia Capital Inc.22,643$233.3K0.00%+900+4.1%Added
CSS LLC22,072$227.3K0.01%00.0%Unchanged
Claybrook Capital, LLC18,900$194.7K0.12%+18,900New
Washington Trust Co18,150$186.9K0.01%00.0%Unchanged
Pekin Hardy Strauss, Inc.17,933$184.7K0.03%−800−4.3%Reduced
V Wealth Advisors LLC17,125$176.4K0.04%−440−2.5%Reduced
Cresset Asset Management, LLC17,000$175.1K0.00%00.0%Unchanged
Raymond James Trust N.A.16,742$172.0K0.01%+2,648+18.8%Added
Integrated Capital Management, Inc.16,187$166.7K0.15%−1,042−6.0%Reduced
Keystone Wealth Services, LLC15,968$164.5K0.07%+332+2.1%Added
MML Investors Services, LLC15,371$158.0K0.00%+178+1.2%Added
Beacon Financial Advisory LLC14,460$148.9K0.11%+1,141+8.6%Added
Capital Investment Advisory Services, LLC13,742$141.5K0.02%−478−3.4%Reduced
Jackson Wealth Management, LLC13,237$136.3K0.05%+13,237New
Ahrens Investment Partners LLC12,200$125.7K0.06%00.0%Unchanged
Bank of America Corp10,652$109.7K0.00%+1,121+11.8%Added
Koshinski Asset Management, Inc.10,647$109.7K0.01%+149+1.4%Added
Spire Wealth Management9,490$98.0K0.01%+8,732+1,152.0%Added
US Bancorp8,319$85.7K0.00%00.0%Unchanged
Advisory Services Network, LLC4,060$41.8K0.00%+4,060New
Blue Bell Private Wealth Management, LLC2,764$28.5K0.01%00.0%Unchanged
Creative Financial Designs Inc2,363$24.3K0.00%00.0%Unchanged
CoreCap Advisors, LLC1,907$19.6K0.00%+1,907New
Byrne Asset Management LLC1,800$18.5K0.01%00.0%Unchanged
Bessemer Group Inc1,634$17.0K0.00%+306+23.0%Added
Princeton Global Asset Management LLC1,125$12.0K0.00%00.0%Unchanged
IFP Advisors, Inc654$10.0K0.00%−1,079−62.3%Reduced
Raleigh Capital Management Inc.850$8.76K0.00%+850New
Freedom Wealth Alliance, LLC717$7.38K0.01%+717New
JNBA Financial Advisors583$6.00K0.00%+12+2.1%Added
Tradewinds Capital Management, LLC578$5.95K0.00%00.0%Unchanged
Concord Wealth Partners492$5.06K0.00%+492New
AlphaMark Advisors, LLC400$4.00K0.00%00.0%Unchanged
Sound Income Strategies, LLC382$3.94K0.00%00.0%Unchanged
Money Concepts Capital Corp200$2.06K0.00%+200New
Cedar Mountain Advisors, LLC82$8450.00%00.0%Unchanged
Private Advisor Group, LLC22,022$2270.00%−585−2.6%Reduced
Coppell Advisory Solutions LLC8$820.00%+8New