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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 2024

Institutional positions in Highland Opportunities & Income Fund as of Dec 31, 2024. 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
111
+13 vs. Q3 2024
Shares held
28.2M
+2.77M (+10.9%) vs. Q3 2024
Total value
$146.5M
−$9.48M (−6.1%) vs. Q3 2024
New holders
24
28 more added
Sold out
11
38 more reduced

3 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2024: 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 2024: 111 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 2024: $146.5M
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 2024

Shares, value and share of portfolio for each institution holding Highland Opportunities & Income Fund; share changes are against Q3 2024.

Institutions holding HFRO in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Raymond James Financial Inc4,142,009$21.5M0.01%+4,142,009New
Morgan Stanley3,314,049$17.2M0.00%−406,167−10.9%Reduced
Thomas J. Herzfeld Advisors, Inc.2,760,778$14.3M4.59%−258,677−8.6%Reduced
Royal Bank of Canada2,156,538$11.2M0.00%−429,967−16.6%Reduced
Invesco Ltd.1,840,817$9.55M0.00%+16,377+0.9%Added
Envestnet Asset Management Inc1,716,640$8.91M0.00%−306,489−15.1%Reduced
Landscape Capital Management, L.L.C.920,333$4.78M0.51%−431,118−31.9%Reduced
Highland Capital Management Fund Advisors, L.P.918,047$4.76M0.55%00.0%Unchanged
LPL Financial LLC740,645$3.84M0.00%−359,655−32.7%Reduced
Cambridge Investment Research Advisors, Inc.737,149$3.83M0.01%−236,822−24.3%Reduced
CF Capital LLC550,000$2.85M3.07%+550,000New
Icon Advisers Inc524,518$2.72M0.61%+524,518New
Geneos Wealth Management Inc.520,838$2.70M0.09%+118,567+29.5%Added
Matisse Capital509,000$2.64M1.34%+53,935+11.9%Added
Oppenheimer & Co Inc481,470$2.50M0.04%−133,157−21.7%Reduced
RSM US Wealth Management LLC442,552$2.30M0.03%+67,168+17.9%Added
Commonwealth Equity Services, LLC428,547$2.22M0.00%−106,576−19.9%Reduced
IHT Wealth Management, LLC402,105$2.09M0.07%−64,632−13.8%Reduced
HighTower Advisors, LLC379,174$1.97M0.00%−12,753−3.3%Reduced
Advisor Group Holdings, Inc.366,086$1.90M0.00%+95,681+35.4%Added
Camelot Portfolios, LLC362,122$1.88M2.03%−19,728−5.2%Reduced
Nations Financial Group Inc,356,315$1.85M0.14%−7,425−2.0%Reduced
Marex Group plc256,973$1.33M0.02%+246,860+2,441.0%Added
Yakira Capital Management, Inc.204,248$1.06M0.42%+204,248New
Park Avenue Securities LLC199,478$1.03M0.01%+11,750+6.3%Added
AEGON USA Investment Management, LLC196,615$1.02M0.78%+33,494+20.5%Added
Bulldog Investors, LLP169,726$880.9K0.23%−182,460−51.8%Reduced
Absolute Investment Advisers LLC169,300$878.7K0.11%+169,300New
Aristides Capital LLC150,906$783.2K0.24%+16,290+12.1%Added
Private Capital Management, LLC141,000$731.8K0.08%+81,100+135.4%Added
GWM Advisors LLC124,046$643.8K0.00%+112,141+942.0%Added
Baird Financial Group, Inc.114,187$592.6K0.00%+11,601+11.3%Added
Arlington Capital Management, Inc.96,242$499.5K0.35%+13,188+15.9%Added
Arete Wealth Advisors, LLC88,704$472.0K0.03%−1,442−1.6%Reduced
Jane Street Group, LLC83,134$431.5K0.00%+67,861+444.3%Added
UBS Group AG77,860$404.1K0.00%+46,548+148.7%Added
Samalin Investment Counsel, LLC73,613$382.1K0.16%−16,746−18.5%Reduced
Blue Bell Private Wealth Management, LLC72,977$378.8K0.07%+67,583+1,252.9%Added
Quarry LP65,900$342.0K0.07%+65,900New
Envestnet Portfolio Solutions, Inc.59,886$310.8K0.00%+5,156+9.4%Added
Ariadne Wealth Management, LP52,453$304.2K0.14%+120.0%Added
Janney Montgomery Scott LLC57,285$297.0K0.00%−22,362−28.1%Reduced
Cetera Investment Advisers57,164$296.7K0.00%−887−1.5%Reduced
Concorde Asset Management, LLC56,800$294.8K0.15%−1,500−2.6%Reduced
Atria Wealth Solutions, Inc.55,117$286.1K0.00%+2,772+5.3%Added
Calamos Advisors LLC53,743$278.9K0.00%+10,335+23.8%Added
Creative Planning50,754$263.4K0.00%−1,094−2.1%Reduced
Scotia Capital Inc.49,362$256.2K0.00%00.0%Unchanged
Integrated Capital Management, Inc.42,947$222.9K0.18%+3,071+7.7%Added
GatePass Capital, LLC42,500$220.6K0.24%+42,500New
Goldman Sachs Group Inc41,477$215.3K0.00%−1,800−4.2%Reduced
Sanctuary Advisors, LLC36,230$206.1K0.00%−300−0.8%Reduced
Sage Capital Management, LLC38,242$198.5K0.10%−63,196−62.3%Reduced
MidWestOne Financial Group, Inc.36,578$189.8K0.03%00.0%Unchanged
Millennium Management LLC33,253$172.6K0.00%−62,330−65.2%Reduced
SFI Advisors, LLC31,305$162.5K0.11%−32,677−51.1%Reduced
Independent Financial Group, LLC30,476$158.2K0.01%−34,780−53.3%Reduced
Papamarkou Wellner Asset Management inc.30,000$155.7K0.11%+30,000New
Melfa Wealth Management, LLC29,135$151.2K0.10%00.0%Unchanged
National Asset Management, Inc.28,213$146.4K0.00%−325−1.1%Reduced
Captrust Financial Advisors27,368$142.0K0.00%00.0%Unchanged
Private Advisor Group, LLC25,193$130.7K0.00%+5,841+30.2%Added
Kingsview Wealth Management, LLC24,604$127.7K0.00%−2,649−9.7%Reduced
Sequoia Financial Advisors, LLC23,981$124.5K0.00%+23,981New
Truist Financial Corp23,477$121.8K0.00%−4,514−16.1%Reduced
Maridea Wealth Management LLC22,951$119.1K0.04%+22,951New
Kestra Advisory Services, LLC22,703$117.8K0.00%−5,485−19.5%Reduced
CSS LLC22,072$114.6K0.01%00.0%Unchanged
Keystone Wealth Services, LLC19,288$100.1K0.03%+391+2.1%Added
Bank of America Corp19,245$99.9K0.00%+19,245New
U.S. Capital Wealth Advisors, LLC18,164$94.3K0.00%+5,000+38.0%Added
One Charles Private Wealth Services, LLC17,248$89.5K0.03%00.0%Unchanged
Channel Wealth LLC17,062$88.6K0.03%00.0%Unchanged
MML Investors Services, LLC15,243$79.0K0.00%+1,055+7.4%Added
Walleye Capital LLC15,033$78.0K0.00%+15,033New
Stephens Inc13,844$71.8K0.00%−12,943−48.3%Reduced
Jackson Wealth Management, LLC13,237$69.0K0.01%00.0%Unchanged
Clear Street Markets LLC13,293$69.0K0.03%+13,293New
Citadel Advisors LLC13,223$68.6K0.00%+13,223New
Post Resch Tallon Group Inc.12,108$64.1K0.06%+12,108New
Koshinski Asset Management, Inc.11,625$60.3K0.01%00.0%Unchanged
Capital Investment Advisory Services, LLC10,545$54.7K0.01%−8,010−43.2%Reduced
Trust Co of Toledo NA10,000$51.9K0.01%+10,000New
Comerica Bank7,499$38.9K0.00%−2,656−26.2%Reduced
Legacy Investment Solutions, LLC5,270$30.5K0.02%00.0%Unchanged
Legacy Wealth Managment, LLC5,270$30.5K0.02%00.0%Unchanged
Spire Wealth Management3,000$15.6K0.00%−4,000−57.1%Reduced
Creative Financial Designs Inc2,363$12.3K0.00%00.0%Unchanged
Steward Partners Investment Advisory, LLC2,338$12.1K0.00%00.0%Unchanged
Bessemer Group Inc2,235$12.0K0.00%+13+0.6%Added
Tower Research Capital LLC (TRC)2,132$11.1K0.00%+2,132New
AlphaMark Advisors, LLC1,950$10.0K0.00%+39+2.0%Added
Byrne Asset Management LLC1,800$9.34K0.01%00.0%Unchanged
Jones Financial Companies LLLP1,493$7.75K0.00%+1,493New
IFP Advisors, Inc1,133$5.88K0.00%+23+2.1%Added
Wingate Wealth Advisors, Inc.1,000$5.19K0.01%+1,000New
Teamwork Financial Advisors, LLC16,141$5.17K0.00%+16,141New
Ameriflex Group, Inc.853$4.91K0.00%+853New
CIBC Private Wealth Group, LLC713$3.86K0.00%−15−2.1%Reduced
Asset Dedication, LLC571$2.96K0.00%00.0%Unchanged