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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
CF Capital LLC550,000$2.85M3.07%+550,000New
Cambridge Investment Research Advisors, Inc.737,149$3.83M0.01%−236,822−24.3%Reduced
LPL Financial LLC740,645$3.84M0.00%−359,655−32.7%Reduced
Highland Capital Management Fund Advisors, L.P.918,047$4.76M0.55%00.0%Unchanged
Landscape Capital Management, L.L.C.920,333$4.78M0.51%−431,118−31.9%Reduced
Envestnet Asset Management Inc1,716,640$8.91M0.00%−306,489−15.1%Reduced
Invesco Ltd.1,840,817$9.55M0.00%+16,377+0.9%Added
Royal Bank of Canada2,156,538$11.2M0.00%−429,967−16.6%Reduced
Thomas J. Herzfeld Advisors, Inc.2,760,778$14.3M4.59%−258,677−8.6%Reduced
Morgan Stanley3,314,049$17.2M0.00%−406,167−10.9%Reduced
Raymond James Financial Inc4,142,009$21.5M0.01%+4,142,009New
Alpine Global Management, LLC0$00.00%−500,000−100.0%Sold out
NWF Advisory Services Inc.0$00.00%−187,400−100.0%Sold out
Innova Wealth Partners0$00.00%−83,054−100.0%Sold out
Knightsbridge Asset Management, LLC0$00.00%−53,393−100.0%Sold out
Rockefeller Capital Management L.P.0$00.00%−35,734−100.0%Sold out
MONECO Advisors, LLC0$00.00%−26,492−100.0%Sold out
True North Advisors, LLC0$00.00%−25,578−100.0%Sold out
Private Capital Management LLC0$00.00%−14,800−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−13,252−100.0%Sold out
Beacon Financial Advisory LLC0$00.00%−13,088−100.0%Sold out
The PNC Financial Services Group, Inc.0$00.00%−11,341−100.0%Sold out
Raymond James & Associates––––Not filed
Raymond James Trust N.A.––––Not filed
Inscription Capital, LLC––––Not filed