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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 2023

Institutional positions in Highland Opportunities & Income Fund as of Dec 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
104
+1 vs. Q3 2023
Shares held
25.9M
+1.23M (+5.0%) vs. Q3 2023
Total value
$198.8M
+$893.7K (+0.5%) vs. Q3 2023
New holders
14
42 more added
Sold out
13
27 more reduced

2 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2023: 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 2023: 104 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 2023: $198.8M
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 2023

Shares, value and share of portfolio for each institution holding Highland Opportunities & Income Fund; share changes are against Q3 2023.

Institutions holding HFRO in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Morgan Stanley4,514,355$34.7M0.00%+94,511+2.1%Added
Thomas J. Herzfeld Advisors, Inc.3,024,092$23.3M8.54%+152,421+5.3%Added
Royal Bank of Canada1,843,467$14.2M0.00%−67,698−3.5%Reduced
LPL Financial LLC1,443,350$11.1M0.01%−45,223−3.0%Reduced
Envestnet Asset Management Inc1,393,258$10.7M0.00%+432,353+45.0%Added
Invesco Ltd.1,234,664$9.49M0.00%−20,480−1.6%Reduced
Raymond James & Associates1,055,128$8.11M0.01%+590,402+127.0%Added
Penserra Capital Management LLC984,333$7.57M0.14%+68,125+7.4%Added
Highland Capital Management Fund Advisors, L.P.918,047$7.06M1.07%00.0%Unchanged
Oppenheimer & Co Inc674,116$5.18M0.10%+1,712+0.3%Added
Cambridge Investment Research Advisors, Inc.624,905$4.81M0.02%+88,941+16.6%Added
Commonwealth Equity Services, LLC578,293$4.45M0.01%+41,539+7.7%Added
Camelot Portfolios, LLC548,053$4.21M2.49%+168,844+44.5%Added
IHT Wealth Management, LLC509,630$3.92M0.17%+10,420+2.1%Added
Wells Fargo & Company458,043$3.52M0.00%−21,956−4.6%Reduced
Landscape Capital Management, L.L.C.397,800$3.06M0.27%+118,094+42.2%Added
Geneos Wealth Management Inc.385,175$2.96M0.15%−21,128−5.2%Reduced
Nations Financial Group Inc,380,882$2.93M0.27%+5,352+1.4%Added
HighTower Advisors, LLC342,067$2.62M0.00%+17,190+5.3%Added
Amundi367,181$2.57M0.00%00.0%Unchanged
Bulldog Investors, LLP310,059$2.38M0.78%−41,864−11.9%Reduced
Advisor Group Holdings, Inc.285,341$2.19M0.00%−134,334−32.0%Reduced
Matisse Capital285,000$2.19M1.17%+115,000+67.6%Added
Advisor Resource Council221,064$1.70M0.20%+221,064New
CNH Partners LLC212,709$1.64M0.07%+22,181+11.6%Added
Bokf, NA204,628$1.57M0.03%00.0%Unchanged
Sage Capital Management, LLC170,712$1.31M0.79%+170,712New
Park Avenue Securities LLC150,400$1.16M0.02%+19,980+15.3%Added
Aristides Capital LLC134,616$1.04M0.52%−30,000−18.2%Reduced
Icon Advisers Inc128,733$990.0K0.23%−43,700−25.3%Reduced
Marks Group Wealth Management, Inc118,805$913.6K0.10%00.0%Unchanged
Creative Planning105,714$812.9K0.00%+105,714New
Janney Montgomery Scott LLC99,955$769.0K0.00%+3,395+3.5%Added
Prevail Innovative Wealth Advisors, LLC94,079$723.5K0.35%+35,891+61.7%Added
Truist Financial Corp88,253$678.7K0.00%−2,945−3.2%Reduced
Arete Wealth Advisors, LLC87,613$673.7K0.05%−6,947−7.3%Reduced
Qube Research & Technologies Ltd84,179$647.3K0.00%00.0%Unchanged
Kingsview Wealth Management, LLC83,223$640.0K0.02%−2,914−3.4%Reduced
NWF Advisory Services Inc.81,400$626.0K0.12%−7,700−8.6%Reduced
Baird Financial Group, Inc.70,775$544.3K0.00%+2,361+3.5%Added
Samalin Investment Counsel, LLC51,463$395.8K0.20%+18,512+56.2%Added
Knightsbridge Asset Management, LLC50,559$388.8K0.11%+1,485+3.0%Added
Independent Financial Group, LLC46,568$358.1K0.02%+7,025+17.8%Added
SFI Advisors, LLC45,046$346.4K0.30%+18,706+71.0%Added
Lynx Capital Group Ltd44,166$339.6K0.25%+44,166New
Marathon Trading Investment Management LLC42,500$326.8K0.06%+42,500New
Envestnet Portfolio Solutions, Inc.40,981$315.1K0.00%+10,033+32.4%Added
Rockefeller Capital Management L.P.40,863$314.2K0.00%−4,041−9.0%Reduced
Lido Advisors, LLC40,318$310.0K0.00%+40,318New
Atria Wealth Solutions, Inc.39,258$301.9K0.00%+12,933+49.1%Added
MidWestOne Financial Group, Inc.36,578$281.3K0.05%+36,578New
National Asset Management, Inc.33,208$255.4K0.01%00.0%Unchanged
Raymond James Trust N.A.32,662$251.2K0.01%00.0%Unchanged
Stephens Inc32,086$246.7K0.00%00.0%Unchanged
Melfa Wealth Management, LLC31,849$244.9K0.23%+78+0.2%Added
Cetera Investment Advisers31,419$241.6K0.00%−5,891−15.8%Reduced
Avantax Advisory Services, Inc.31,355$241.1K0.00%+173+0.6%Added
UBS Group AG29,231$224.8K0.00%−339−1.1%Reduced
Captrust Financial Advisors28,749$221.1K0.00%−5,852−16.9%Reduced
Kestra Advisory Services, LLC27,729$213.2K0.00%+2,579+10.3%Added
MONECO Advisors, LLC27,491$211.4K0.04%−17,420−38.8%Reduced
Steward Partners Investment Advisory, LLC27,479$211.3K0.00%+2,488+10.0%Added
Scotia Capital Inc.26,796$206.0K0.00%−9,526−26.2%Reduced
Private Advisor Group, LLC25,287$194.5K0.00%+4,424+21.2%Added
Jane Street Group, LLC25,166$193.5K0.00%−3,732−12.9%Reduced
Integrated Capital Management, Inc.22,200$170.7K0.14%+496+2.3%Added
CSS LLC22,072$169.7K0.01%00.0%Unchanged
Catalina Capital Group, LLC18,552$142.7K0.11%+18,552New
Keystone Wealth Services, LLC17,726$136.3K0.05%+509+3.0%Added
CTC Alternative Strategies, Ltd.17,624$135.5K0.28%+17,624New
Channel Wealth LLC17,505$134.6K0.06%+1,000+6.1%Added
One Charles Private Wealth Services, LLC17,248$132.6K0.07%00.0%Unchanged
Cresset Asset Management, LLC17,000$130.7K0.00%00.0%Unchanged
MML Investors Services, LLC15,913$122.0K0.00%−65−0.4%Reduced
Beacon Financial Advisory LLC15,482$119.1K0.06%+410+2.7%Added
Verition Fund Management LLC15,000$115.3K0.00%00.0%Unchanged
Pekin Hardy Strauss, Inc.14,602$112.3K0.02%−3,331−18.6%Reduced
Jackson Wealth Management, LLC13,237$102.0K0.01%00.0%Unchanged
Capital Investment Advisory Services, LLC13,168$101.3K0.01%+986+8.1%Added
Comerica Bank13,146$101.1K0.00%−802−5.7%Reduced
Citadel Advisors LLC10,988$84.5K0.00%−1,755−13.8%Reduced
Nomura Holdings Inc10,950$84.2K0.00%+10,950New
Spire Wealth Management7,758$57.9K0.00%−1,829−19.1%Reduced
US Bancorp4,403$33.9K0.00%+4,403New
Principal Securities, Inc.4,108$31.6K0.00%+4,108New
Advisory Services Network, LLC2,589$19.9K0.00%+2,589New
Blue Bell Private Wealth Management, LLC2,369$18.2K0.00%−395−14.3%Reduced
Creative Financial Designs Inc2,363$18.2K0.00%00.0%Unchanged
Bank of America Corp2,339$18.0K0.00%00.0%Unchanged
AlphaMark Advisors, LLC1,792$14.0K0.01%+51+2.9%Added
Byrne Asset Management LLC1,800$13.7K0.01%00.0%Unchanged
Bessemer Group Inc1,540$12.0K0.00%+50+3.4%Added
Raleigh Capital Management Inc.1,100$8.46K0.00%+500+83.3%Added
IFP Advisors, Inc1,051$8.08K0.00%+31+3.0%Added
GWM Advisors LLC811$6.24K0.00%+804+11,485.7%Added
JNBA Financial Advisors642$4.94K0.00%+18+2.9%Added
Concord Wealth Partners543$4.17K0.00%+16+3.0%Added
Northwestern Mutual Wealth Management Co459$3.53K0.00%−1,020−69.0%Reduced
Sound Income Strategies, LLC382$2.94K0.00%00.0%Unchanged
Caldwell Sutter Capital, Inc.285$2.19K0.00%00.0%Unchanged