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.
13F holders, Q2 2025
Institutional positions in Highland Opportunities & Income Fund as of Jun 30, 2025. 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
- 92
- −2 vs. Q1 2025
- Shares held
- 26.6M
- +1.41M (+5.6%) vs. Q1 2025
- Total value
- $138.2M
- +$7.39M (+5.6%) vs. Q1 2025
- New holders
- 10
- 32 more added
- Sold out
- 12
- 26 more reduced
2 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2025: 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 91 | $226.4M |
| Q1 2026 | 95 | $173.2M |
| Q4 2025 | 105 | $177.4M |
| Q3 2025 | 94 | $177.0M |
| Q2 2025 | 92 | $138.2M |
| Q1 2025 | 96 | $131.1M |
| Q4 2024 | 111 | $146.5M |
| Q3 2024 | 101 | $178.9M |
| Q2 2024 | 101 | $191.5M |
| Q1 2024 | 107 | $202.6M |
| Q4 2023 | 104 | $198.8M |
| Q3 2023 | 105 | $198.7M |
| Q2 2023 | 97 | $216.8M |
| Q1 2023 | 100 | $216.6M |
| Q4 2022 | 102 | $252.4M |
| Q3 2022 | 94 | $226.5M |
| Q2 2022 | 101 | $270.4M |
| Q1 2022 | 97 | $280.5M |
| Q4 2021 | 102 | $270.6M |
| Q3 2021 | 99 | $293.5M |
| Q2 2021 | 98 | $264.1M |
| Q1 2021 | 95 | $282.4M |
Institutions, Q2 2025
Shares, value and share of portfolio for each institution holding Highland Opportunities & Income Fund; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Raymond James Financial Inc | 3,766,728 | $19.6M | 0.01% | −256,573−6.4% | Reduced |
| Morgan Stanley | 3,480,637 | $18.1M | 0.00% | −31,057−0.9% | Reduced |
| Thomas J. Herzfeld Advisors, Inc. | 2,600,109 | $13.5M | 4.82% | −77,194−2.9% | Reduced |
| Saba Capital Management, L.P. | 2,271,159 | $11.8M | 0.32% | +2,271,159 | New |
| Invesco Ltd. | 1,745,118 | $9.07M | 0.00% | −16,759−1.0% | Reduced |
| Envestnet Asset Management Inc | 1,727,010 | $8.98M | 0.00% | +2,246+0.1% | Added |
| Geneos Wealth Management Inc. | 1,007,989 | $5.24M | 0.13% | +29,430+3.0% | Added |
| Royal Bank of Canada | 1,006,006 | $5.23M | 0.00% | −430,374−30.0% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 939,421 | $4.88M | 0.01% | −9,763−1.0% | Reduced |
| Highland Capital Management Fund Advisors, L.P. | 918,047 | $4.77M | 0.45% | 00.0% | Unchanged |
| Landscape Capital Management, L.L.C. | 677,550 | $3.52M | 0.28% | +147,597+27.9% | Added |
| Matisse Capital | 617,000 | $3.21M | 1.52% | +33,613+5.8% | Added |
| LPL Financial LLC | 601,063 | $3.13M | 0.00% | −8,955−1.5% | Reduced |
| Oppenheimer & Co Inc | 466,955 | $2.43M | 0.03% | +9,561+2.1% | Added |
| Camelot Portfolios, LLC | 429,619 | $2.23M | 1.34% | −28,079−6.1% | Reduced |
| Commonwealth Equity Services, LLC | 339,048 | $1.76M | 0.00% | +6,630+2.0% | Added |
| Advisor Group Holdings, Inc. | 307,417 | $1.60M | 0.00% | +2,393+0.8% | Added |
| Verition Fund Management LLC | 262,820 | $1.37M | 0.01% | +262,820 | New |
| Park Avenue Securities LLC | 222,769 | $1.16M | 0.01% | +1,912+0.9% | Added |
| RSM US Wealth Management LLC | 211,561 | $1.10M | 0.02% | −151,561−41.7% | Reduced |
| CF Capital LLC | 198,000 | $1.03M | 1.32% | −22,000−10.0% | Reduced |
| IHT Wealth Management, LLC | 192,715 | $1.00M | 0.03% | −14,235−6.9% | Reduced |
| Arlington Capital Management, Inc. | 175,047 | $910.2K | 0.79% | +85,373+95.2% | Added |
| HighTower Advisors, LLC | 174,710 | $908.5K | 0.00% | −36,696−17.4% | Reduced |
| Nations Financial Group Inc, | 145,986 | $759.1K | 0.05% | −212,329−59.3% | Reduced |
| Aristides Capital LLC | 133,496 | $694.2K | 0.22% | 00.0% | Unchanged |
| UBS Group AG | 129,363 | $672.7K | 0.00% | +97,244+302.8% | Added |
| GWM Advisors LLC | 121,872 | $633.7K | 0.00% | +4,139+3.5% | Added |
| Baird Financial Group, Inc. | 116,349 | $605.0K | 0.00% | 00.0% | Unchanged |
| GatePass Capital, LLC | 116,100 | $603.7K | 0.40% | +6,300+5.7% | Added |
| AEGON USA Investment Management, LLC | 105,895 | $550.7K | 0.41% | 00.0% | Unchanged |
| Samalin Investment Counsel, LLC | 90,494 | $470.6K | 0.18% | −5,519−5.7% | Reduced |
| Yakira Capital Management, Inc. | 89,875 | $467.4K | 0.17% | −59,560−39.9% | Reduced |
| Blue Bell Private Wealth Management, LLC | 77,907 | $405.1K | 0.07% | +15,134+24.1% | Added |
| Cetera Investment Advisers | 70,716 | $367.7K | 0.00% | +5,424+8.3% | Added |
| Envestnet Portfolio Solutions, Inc. | 66,964 | $348.2K | 0.00% | +5,112+8.3% | Added |
| Ariadne Wealth Management, LP | 52,862 | $318.6K | 0.15% | +160.0% | Added |
| Atria Wealth Solutions, Inc. | 60,569 | $315.0K | 0.01% | +5,440+9.9% | Added |
| NWF Advisory Services Inc. | 55,400 | $288.1K | 0.03% | −150,600−73.1% | Reduced |
| Integrated Capital Management, Inc. | 54,872 | $285.3K | 0.22% | +1,446+2.7% | Added |
| Creative Planning | 46,182 | $240.1K | 0.00% | +40.0% | Added |
| Susquehanna International Group, LLP | 45,352 | $235.8K | 0.00% | +45,352 | New |
| Mariner, LLC | 39,556 | $205.7K | 0.00% | +9,514+31.7% | Added |
| MidWestOne Financial Group, Inc. | 36,578 | $190.2K | 0.02% | 00.0% | Unchanged |
| CSS LLC | 32,516 | $169.1K | 0.01% | 00.0% | Unchanged |
| Papamarkou Wellner Asset Management inc. | 30,000 | $156.0K | 0.10% | 00.0% | Unchanged |
| Independent Financial Group, LLC | 29,955 | $155.8K | 0.00% | +1,350+4.7% | Added |
| LifeWealth Investments, LLC | 29,250 | $152.1K | 0.03% | +29,250 | New |
| Melfa Wealth Management, LLC | 29,135 | $151.5K | 0.10% | 00.0% | Unchanged |
| Kingsview Wealth Management, LLC | 29,091 | $151.3K | 0.00% | +2,300+8.6% | Added |
| Private Advisor Group, LLC | 28,875 | $150.1K | 0.00% | −1,185−3.9% | Reduced |
| Janney Montgomery Scott LLC | 27,126 | $141.0K | 0.00% | +24+0.1% | Added |
| Calamos Advisors LLC | 26,592 | $138.3K | 0.00% | −2,312−8.0% | Reduced |
| National Asset Management, Inc. | 24,430 | $127.0K | 0.01% | −560−2.2% | Reduced |
| Kestra Advisory Services, LLC | 23,466 | $122.0K | 0.00% | +396+1.7% | Added |
| MML Investors Services, LLC | 22,946 | $119.0K | 0.00% | +1,812+8.6% | Added |
| Keystone Wealth Services, LLC | 20,147 | $104.8K | 0.03% | +447+2.3% | Added |
| Abel Hall, LLC | 20,000 | $104.0K | 0.05% | +20,000 | New |
| One Charles Private Wealth Services, LLC | 17,248 | $89.7K | 0.03% | 00.0% | Unchanged |
| Channel Wealth LLC | 16,722 | $87.0K | 0.02% | 00.0% | Unchanged |
| Citadel Advisors LLC | 16,308 | $84.8K | 0.00% | +16,308 | New |
| Sage Capital Management, LLC | 15,129 | $78.7K | 0.04% | −11,047−42.2% | Reduced |
| U.S. Capital Wealth Advisors, LLC | 14,827 | $77.1K | 0.00% | 00.0% | Unchanged |
| Capital Investment Advisory Services, LLC | 12,941 | $67.3K | 0.01% | +2,238+20.9% | Added |
| Stephens Inc | 12,743 | $66.3K | 0.00% | −200−1.5% | Reduced |
| Koshinski Asset Management, Inc. | 11,625 | $60.5K | 0.00% | 00.0% | Unchanged |
| HRT Financial LP | 11,680 | $60.0K | 0.00% | +11,680 | New |
| Stifel Financial Corp | 11,497 | $59.8K | 0.00% | +11,497 | New |
| Bulldog Investors, LLP | 10,715 | $55.7K | 0.01% | −30.0% | Reduced |
| Truist Financial Corp | 10,488 | $54.5K | 0.00% | −1,551−12.9% | Reduced |
| Wells Fargo & Company | 6,497 | $33.8K | 0.00% | +6,496+649,600.0% | Added |
| Comerica Bank | 6,420 | $33.4K | 0.00% | −32−0.5% | Reduced |
| Legacy Wealth Managment, LLC | 5,270 | $27.4K | 0.01% | 00.0% | Unchanged |
| Legacy Investment Solutions, LLC | 5,270 | $27.4K | 0.01% | +5,270 | New |
| Spire Wealth Management | 3,000 | $15.6K | 0.00% | 00.0% | Unchanged |
| Creative Financial Designs Inc | 2,363 | $12.3K | 0.00% | 00.0% | Unchanged |
| Byrne Asset Management LLC | 1,800 | $9.36K | 0.01% | 00.0% | Unchanged |
| US Bancorp | 1,775 | $9.23K | 0.00% | +1+0.1% | Added |
| Steward Partners Investment Advisory, LLC | 1,261 | $6.56K | 0.00% | 00.0% | Unchanged |
| IFP Advisors, Inc | 1,166 | $6.06K | 0.00% | +8+0.7% | Added |
| SRS Capital Advisors, Inc. | 1,000 | $5.20K | 0.00% | +1,000 | New |
| CIBC Private Wealth Group, LLC | 404 | $2.10K | 0.00% | +8+2.0% | Added |
| Sound Income Strategies, LLC | 382 | $1.99K | 0.00% | 00.0% | Unchanged |
| Caldwell Sutter Capital, Inc. | 285 | $1.48K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 99 | $1.00K | 0.00% | 00.0% | Unchanged |
| Principal Securities, Inc. | 168 | $874 | 0.00% | 00.0% | Unchanged |
| Inlight Wealth Management, LLC | 160 | $832 | 0.00% | −511−76.2% | Reduced |
| Mountain Hill Investment Partners Corp. | 118 | $615 | 0.00% | +2+1.7% | Added |
| Cedar Mountain Advisors, LLC | 82 | $426 | 0.00% | 00.0% | Unchanged |
| MAI Capital Management | 59 | $307 | 0.00% | 00.0% | Unchanged |
| FMR LLC | 23 | $120 | 0.00% | −5−17.9% | Reduced |
| AdvisorNet Financial, Inc | 1 | $7 | 0.00% | 00.0% | Unchanged |
| SFI Advisors, LLC | 0 | $0 | 0.00% | −81,254−100.0% | Sold out |
| Marex Group plc | 0 | $0 | 0.00% | −51,480−100.0% | Sold out |
| Icon Advisers Inc | 0 | $0 | 0.00% | −29,564−100.0% | Sold out |
| Jane Street Group, LLC | 0 | $0 | 0.00% | −21,306−100.0% | Sold out |
| Inscription Capital, LLC | 0 | $0 | 0.00% | −11,914−100.0% | Sold out |
| Post Resch Tallon Group Inc. | 0 | $0 | 0.00% | −12,121−100.0% | Sold out |
| Goldman Sachs Group Inc | 0 | $0 | 0.00% | −10,157−100.0% | Sold out |
| Bank of America Corp | 0 | $0 | 0.00% | −1,054−100.0% | Sold out |