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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, Q1 2023

Institutional positions in Highland Opportunities & Income Fund as of Mar 31, 2023. 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
100
−1 vs. Q4 2022
Shares held
24.6M
+134.5K (+0.5%) vs. Q4 2022
Total value
$216.6M
−$35.7M (−14.1%) vs. Q4 2022
New holders
10
42 more added
Sold out
11
32 more reduced

1 institution that held it in Q4 2022 haven't filed for Q1 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2023: 100 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 heldQ1 2023: $216.6M
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, Q1 2023

Shares, value and share of portfolio for each institution holding Highland Opportunities & Income Fund; share changes are against Q4 2022.

Institutions holding HFRO in Q1 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Morgan Stanley4,461,487$39.2M0.00%−152,378−3.3%Reduced
Thomas J. Herzfeld Advisors, Inc.2,936,570$25.8M10.44%+475,588+19.3%Added
Royal Bank of Canada1,846,295$16.2M0.00%−169,503−8.4%Reduced
LPL Financial LLC1,485,927$13.1M0.01%+462,390+45.2%Added
Invesco Ltd.1,391,637$12.2M0.00%+58,265+4.4%Added
Atlas Wealth LLC940,076$8.26M1.62%−94,865−9.2%Reduced
Highland Capital Management Fund Advisors, L.P.918,047$8.07M0.88%+190,000+26.1%Added
Envestnet Asset Management Inc803,612$7.06M0.00%−78,312−8.9%Reduced
Penserra Capital Management LLC767,729$6.75M0.14%+16,060+2.1%Added
Oppenheimer & Co Inc568,441$5.00M0.11%+42,353+8.1%Added
Cambridge Investment Research Advisors, Inc.555,470$4.88M0.02%−133,302−19.4%Reduced
Camelot Portfolios, LLC512,780$4.51M3.14%+16,538+3.3%Added
Wells Fargo & Company490,348$4.31M0.00%−9,108−1.8%Reduced
IHT Wealth Management, LLC487,872$4.29M0.24%+13,403+2.8%Added
Bulldog Investors, LLP451,627$3.97M1.28%+53,874+13.5%Added
Commonwealth Equity Services, LLC422,163$3.71M0.01%+43,170+11.4%Added
Geneos Wealth Management Inc.401,448$3.53M0.21%−13,723−3.3%Reduced
Nations Financial Group Inc,392,316$3.45M0.36%−4,836−1.2%Reduced
Raymond James & Associates369,612$3.25M0.00%+5,165+1.4%Added
Amundi367,181$3.22M0.00%−23,600−6.0%Reduced
Advisor Group Holdings, Inc.319,688$2.81M0.01%−195,259−37.9%Reduced
Icon Advisers Inc227,104$2.00M0.51%+227,104New
Bokf, NA206,724$1.82M0.04%00.0%Unchanged
Landscape Capital Management, L.L.C.184,276$1.62M0.22%+126,875+221.0%Added
LVZ Advisors, Inc.173,119$1.52M0.22%+36,439+26.7%Added
Aristides Capital LLC164,616$1.45M0.91%00.0%Unchanged
CNH Partners LLC144,302$1.27M0.04%+116,124+412.1%Added
UBS Group AG143,614$1.26M0.00%+2,414+1.7%Added
Matisse Capital140,000$1.23M0.79%+5,000+3.7%Added
Walleye Capital LLC131,445$1.16M0.02%+72,200+121.9%Added
Marks Group Wealth Management, Inc118,805$1.04M0.13%−3,447−2.8%Reduced
Quantedge Capital Pte Ltd110,506$971.3K0.38%−399,590−78.3%Reduced
Park Avenue Securities LLC108,672$955.0K0.02%−3,840−3.4%Reduced
Janney Montgomery Scott LLC101,739$894.0K0.00%+129+0.1%Added
Pinnacle Wealth Planning Services, Inc.95,608$840.4K0.14%−2,944−3.0%Reduced
Knightsbridge Asset Management, LLC93,020$818.0K0.14%+2,206+2.4%Added
NWF Advisory Services Inc.90,400$816.3K0.19%+90,400New
Truist Financial Corp91,336$802.8K0.00%−161,309−63.8%Reduced
Arete Wealth Advisors, LLC90,333$794.0K0.07%+1,050+1.2%Added
HighTower Advisors, LLC87,569$766.0K0.00%−1,444−1.6%Reduced
Qube Research & Technologies Ltd83,319$732.4K0.00%+20,246+32.1%Added
Steward Partners Investment Advisory, LLC77,047$677.2K0.01%−5,638−6.8%Reduced
Kingsview Wealth Management, LLC72,604$638.2K0.03%+1,084+1.5%Added
Cetera Advisor Networks LLC53,581$471.0K0.00%−2,150−3.9%Reduced
Baird Financial Group, Inc.53,004$465.9K0.00%−37,231−41.3%Reduced
Wealth Management Solutions, LLC52,630$462.6K0.27%+5,327+11.3%Added
MONECO Advisors, LLC48,831$429.2K0.13%+938+2.0%Added
Captrust Financial Advisors48,555$426.8K0.00%+946+2.0%Added
Atria Wealth Solutions, Inc.47,806$420.2K0.01%−217−0.5%Reduced
Rockefeller Capital Management L.P.44,615$392.0K0.00%−27,826−38.4%Reduced
Independent Financial Group, LLC41,742$366.9K0.03%−2,701−6.1%Reduced
MidWestOne Financial Group, Inc.36,578$321.5K0.07%+36,578New
National Asset Management, Inc.36,341$319.4K0.01%−1,090−2.9%Reduced
Cetera Investment Advisers35,037$308.0K0.00%+10,588+43.3%Added
Stephens Inc32,297$283.9K0.01%+1,000+3.2%Added
Claybrook Capital, LLC31,453$276.5K0.15%+12,553+66.4%Added
Melfa Wealth Management, LLC30,877$271.4K0.27%+58+0.2%Added
Scotia Capital Inc.28,153$247.5K0.00%+5,510+24.3%Added
Avantax Advisory Services, Inc.27,724$243.7K0.00%−12,978−31.9%Reduced
Raymond James Trust N.A.26,750$235.0K0.01%+10,008+59.8%Added
Kestra Advisory Services, LLC25,937$228.0K0.00%−4,922−15.9%Reduced
Raymond James Financial Services Advisors, Inc.23,502$206.6K0.00%−295,397−92.6%Reduced
CSS LLC22,072$194.0K0.01%00.0%Unchanged
Private Advisor Group, LLC22,055$193.9K0.00%+33+0.1%Added
Washington Trust Co18,150$159.5K0.01%00.0%Unchanged
Pekin Hardy Strauss, Inc.17,933$157.6K0.02%00.0%Unchanged
Cresset Asset Management, LLC17,000$149.4K0.00%00.0%Unchanged
V Wealth Advisors LLC16,859$148.2K0.03%−266−1.6%Reduced
Keystone Wealth Services, LLC16,332$143.6K0.06%+364+2.3%Added
Samalin Investment Counsel, LLC15,463$135.9K0.08%+15,463New
MML Investors Services, LLC14,497$127.0K0.00%−874−5.7%Reduced
Beacon Financial Advisory LLC14,278$125.5K0.08%−182−1.3%Reduced
Channel Wealth LLC14,216$125.0K0.08%+14,216New
Capital Investment Advisory Services, LLC13,289$116.8K0.01%−453−3.3%Reduced
Jackson Wealth Management, LLC13,237$116.4K0.09%00.0%Unchanged
Advisor Resource Council12,222$103.9K0.03%+12,222New
Koshinski Asset Management, Inc.10,980$96.5K0.01%+333+3.1%Added
Spire Wealth Management9,519$83.7K0.00%+29+0.3%Added
US Bancorp8,319$73.1K0.00%00.0%Unchanged
Ahrens Investment Partners LLC7,500$65.9K0.03%−4,700−38.5%Reduced
IFP Advisors, Inc3,004$47.6K0.00%+2,350+359.3%Added
Bank of America Corp4,235$37.2K0.00%−6,417−60.2%Reduced
Advisory Services Network, LLC4,070$35.8K0.00%+10+0.2%Added
Blue Bell Private Wealth Management, LLC2,764$24.3K0.01%00.0%Unchanged
Salem Investment Counselors Inc2,500$22.0K0.00%+2,500New
Creative Financial Designs Inc2,363$20.8K0.00%00.0%Unchanged
Byrne Asset Management LLC1,800$16.0K0.01%00.0%Unchanged
Bessemer Group Inc1,660$15.0K0.00%+26+1.6%Added
Princeton Global Asset Management LLC1,125$9.89K0.00%00.0%Unchanged
Raleigh Capital Management Inc.950$8.35K0.00%+100+11.8%Added
JNBA Financial Advisors597$5.25K0.00%+14+2.4%Added
Tradewinds Capital Management, LLC578$5.08K0.00%00.0%Unchanged
AlphaMark Advisors, LLC600$5.00K0.00%+200+50.0%Added
Ameritas Advisory Services, LLC506$4.45K0.00%+506New
Concord Wealth Partners499$4.39K0.00%+7+1.4%Added
Sound Income Strategies, LLC382$3.36K0.00%00.0%Unchanged
Cedar Mountain Advisors, LLC82$7210.00%00.0%Unchanged
GWM Advisors LLC7$610.00%00.0%Unchanged
FMR LLC1$90.00%+1New
JPMorgan Chase & Co1$00.00%+1New