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, Q3 2025
Institutional positions in Highland Opportunities & Income Fund as of Sep 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
- 94
- +4 vs. Q2 2025
- Shares held
- 27.9M
- +1.38M (+5.2%) vs. Q2 2025
- Total value
- $177.0M
- +$39.2M (+28.4%) vs. Q2 2025
- New holders
- 16
- 21 more added
- Sold out
- 12
- 31 more reduced
2 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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, Q3 2025
Shares, value and share of portfolio for each institution holding Highland Opportunities & Income Fund; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| AdvisorNet Financial, Inc | 1 | $9 | 0.00% | 00.0% | Unchanged |
| Strategic Wealth Partners, Ltd. | 6 | $38 | 0.00% | +6 | New |
| Wealthspire Advisors, LLC | 7 | $44 | 0.00% | +7 | New |
| FMR LLC | 23 | $146 | 0.00% | 00.0% | Unchanged |
| MAI Capital Management | 59 | $375 | 0.00% | 00.0% | Unchanged |
| Cedar Mountain Advisors, LLC | 82 | $521 | 0.00% | 00.0% | Unchanged |
| Mountain Hill Investment Partners Corp. | 121 | $765 | 0.00% | +3+2.5% | Added |
| Inlight Wealth Management, LLC | 160 | $1.02K | 0.00% | 00.0% | Unchanged |
| Gables Capital Management Inc. | 269 | $1.71K | 0.00% | +269 | New |
| Caldwell Sutter Capital, Inc. | 285 | $1.81K | 0.00% | 00.0% | Unchanged |
| Sound Income Strategies, LLC | 382 | $2.51K | 0.00% | 00.0% | Unchanged |
| Russell Investments Group, Ltd. | 400 | $2.54K | 0.00% | +400 | New |
| CIBC Private Wealth Group, LLC | 412 | $2.61K | 0.00% | +8+2.0% | Added |
| Wells Fargo & Company | 449 | $2.85K | 0.00% | −6,048−93.1% | Reduced |
| Spire Wealth Management | 500 | $3.17K | 0.00% | −2,500−83.3% | Reduced |
| Bank of America Corp | 1,059 | $6.72K | 0.00% | +1,059 | New |
| Steward Partners Investment Advisory, LLC | 1,261 | $8.01K | 0.00% | 00.0% | Unchanged |
| US Bancorp | 1,775 | $11.3K | 0.00% | 00.0% | Unchanged |
| Byrne Asset Management LLC | 1,800 | $11.4K | 0.01% | 00.0% | Unchanged |
| Kilter Group LLC | 2,152 | $13.7K | 0.01% | +2,152 | New |
| Creative Financial Designs Inc | 2,363 | $15.0K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 3,747 | $24.0K | 0.00% | +3,648+3,684.8% | Added |
| Legacy Wealth Managment, LLC | 5,237 | $33.3K | 0.02% | −33−0.6% | Reduced |
| Comerica Bank | 6,420 | $40.8K | 0.00% | 00.0% | Unchanged |
| Advisory Services Network, LLC | 8,171 | $51.9K | 0.00% | +8,171 | New |
| Bulldog Investors, LLP | 10,715 | $68.0K | 0.02% | 00.0% | Unchanged |
| Catalyst Funds Management Pty Ltd | 10,800 | $68.6K | 0.01% | +10,800 | New |
| Koshinski Asset Management, Inc. | 11,625 | $73.8K | 0.00% | 00.0% | Unchanged |
| Stephens Inc | 12,743 | $80.9K | 0.00% | 00.0% | Unchanged |
| Rockefeller Capital Management L.P. | 12,770 | $81.1K | 0.00% | +12,770 | New |
| U.S. Capital Wealth Advisors, LLC | 12,827 | $81.5K | 0.00% | −2,000−13.5% | Reduced |
| Capital Investment Advisory Services, LLC | 13,153 | $83.5K | 0.01% | +212+1.6% | Added |
| Channel Wealth LLC | 14,216 | $90.3K | 0.02% | −2,506−15.0% | Reduced |
| Yakira Capital Management, Inc. | 15,655 | $99.4K | 0.04% | −74,220−82.6% | Reduced |
| One Charles Private Wealth Services, LLC | 17,248 | $109.5K | 0.03% | 00.0% | Unchanged |
| Goldman Sachs Group Inc | 19,357 | $122.9K | 0.00% | +19,357 | New |
| Abel Hall, LLC | 20,000 | $127.0K | 0.05% | 00.0% | Unchanged |
| Keystone Wealth Services, LLC | 20,545 | $130.5K | 0.03% | +398+2.0% | Added |
| Kestra Advisory Services, LLC | 21,490 | $136.5K | 0.00% | −1,976−8.4% | Reduced |
| MML Investors Services, LLC | 23,026 | $146.2K | 0.00% | +80+0.3% | Added |
| National Asset Management, Inc. | 24,430 | $155.1K | 0.01% | 00.0% | Unchanged |
| Janney Montgomery Scott LLC | 26,152 | $166.0K | 0.00% | −974−3.6% | Reduced |
| Susquehanna International Group, LLP | 28,345 | $180.0K | 0.00% | −17,007−37.5% | Reduced |
| Melfa Wealth Management, LLC | 29,135 | $185.0K | 0.11% | 00.0% | Unchanged |
| LifeWealth Investments, LLC | 29,250 | $185.7K | 0.03% | 00.0% | Unchanged |
| Papamarkou Wellner Asset Management inc. | 30,000 | $190.5K | 0.12% | 00.0% | Unchanged |
| Independent Financial Group, LLC | 30,254 | $192.1K | 0.00% | +299+1.0% | Added |
| UBS Group AG | 32,256 | $204.8K | 0.00% | −97,107−75.1% | Reduced |
| Calamos Advisors LLC | 32,372 | $205.6K | 0.00% | +5,780+21.7% | Added |
| CSS LLC | 32,516 | $206.5K | 0.01% | 00.0% | Unchanged |
| HB Wealth Management, LLC | 32,550 | $206.7K | 0.00% | +32,550 | New |
| Millennium Management LLC | 35,717 | $226.8K | 0.00% | +35,717 | New |
| Mariner, LLC | 36,439 | $231.4K | 0.00% | −3,117−7.9% | Reduced |
| MidWestOne Financial Group, Inc. | 36,578 | $232.3K | 0.03% | 00.0% | Unchanged |
| NWF Advisory Services Inc. | 37,700 | $239.4K | 0.03% | −17,700−31.9% | Reduced |
| HRT Financial LP | 38,356 | $243.0K | 0.00% | +26,676+228.4% | Added |
| Integrated Capital Management, Inc. | 40,939 | $260.0K | 0.18% | −13,933−25.4% | Reduced |
| Balyasny Asset Management LLC | 42,780 | $271.7K | 0.00% | +42,780 | New |
| Creative Planning | 45,985 | $292.0K | 0.00% | −197−0.4% | Reduced |
| Ariadne Wealth Management, LP | 52,876 | $341.6K | 0.15% | +140.0% | Added |
| Jane Street Group, LLC | 53,855 | $342.0K | 0.00% | +53,855 | New |
| Concorde Asset Management, LLC | 65,700 | $412.4K | 0.17% | +65,700 | New |
| Cetera Investment Advisers | 71,596 | $454.6K | 0.00% | +880+1.2% | Added |
| Marex Group plc | 77,571 | $492.6K | 0.01% | +77,571 | New |
| Baird Financial Group, Inc. | 94,898 | $602.6K | 0.00% | −21,451−18.4% | Reduced |
| Samalin Investment Counsel, LLC | 104,353 | $662.6K | 0.23% | +13,859+15.3% | Added |
| AEGON USA Investment Management, LLC | 105,895 | $672.4K | 0.46% | 00.0% | Unchanged |
| Blue Bell Private Wealth Management, LLC | 119,450 | $758.5K | 0.12% | +41,543+53.3% | Added |
| GWM Advisors LLC | 120,911 | $767.8K | 0.00% | −961−0.8% | Reduced |
| HighTower Advisors, LLC | 124,853 | $792.8K | 0.00% | −49,857−28.5% | Reduced |
| Nations Financial Group Inc, | 130,086 | $826.1K | 0.05% | −15,900−10.9% | Reduced |
| Aristides Capital LLC | 133,496 | $847.7K | 0.25% | 00.0% | Unchanged |
| Arlington Capital Management, Inc. | 158,438 | $1.01M | 0.64% | −16,609−9.5% | Reduced |
| Landscape Capital Management, L.L.C. | 181,396 | $1.15M | 0.07% | −496,154−73.2% | Reduced |
| Park Avenue Securities LLC | 191,834 | $1.22M | 0.01% | −30,935−13.9% | Reduced |
| IHT Wealth Management, LLC | 192,918 | $1.23M | 0.03% | +203+0.1% | Added |
| CF Capital LLC | 196,996 | $1.25M | 0.77% | −1,004−0.5% | Reduced |
| RSM US Wealth Management LLC | 221,418 | $1.41M | 0.02% | +9,857+4.7% | Added |
| Advisor Group Holdings, Inc. | 300,777 | $1.86M | 0.00% | −6,640−2.2% | Reduced |
| Camelot Portfolios, LLC | 406,172 | $2.58M | 1.53% | −23,447−5.5% | Reduced |
| Oppenheimer & Co Inc | 448,820 | $2.85M | 0.03% | −18,135−3.9% | Reduced |
| Commonwealth Equity Services, LLC | 595,969 | $3.78M | 0.00% | +256,921+75.8% | Added |
| Matisse Capital | 617,000 | $3.92M | 1.76% | 00.0% | Unchanged |
| LPL Financial LLC | 663,043 | $4.21M | 0.00% | +61,980+10.3% | Added |
| Royal Bank of Canada | 701,695 | $4.46M | 0.00% | −304,311−30.2% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 934,988 | $5.94M | 0.02% | −4,433−0.5% | Reduced |
| Geneos Wealth Management Inc. | 981,727 | $6.23M | 0.16% | −26,262−2.6% | Reduced |
| Invesco Ltd. | 1,330,719 | $8.45M | 0.00% | −414,399−23.7% | Reduced |
| Envestnet Asset Management Inc | 1,822,324 | $11.6M | 0.00% | +95,314+5.5% | Added |
| Thomas J. Herzfeld Advisors, Inc. | 2,796,339 | $17.8M | 6.09% | +196,230+7.5% | Added |
| Highland Capital Management Fund Advisors, L.P. | 2,818,047 | $17.9M | 1.59% | +1,900,000+207.0% | Added |
| Morgan Stanley | 3,187,631 | $20.2M | 0.00% | −293,006−8.4% | Reduced |
| Raymond James Financial Inc | 3,236,075 | $20.5M | 0.01% | −530,653−14.1% | Reduced |
| Saba Capital Management, L.P. | 3,729,880 | $23.7M | 0.78% | +1,458,721+64.2% | Added |
| Verition Fund Management LLC | 0 | $0 | 0.00% | −262,820−100.0% | Sold out |
| GatePass Capital, LLC | 0 | $0 | 0.00% | −116,100−100.0% | Sold out |
| Envestnet Portfolio Solutions, Inc. | 0 | $0 | 0.00% | −66,964−100.0% | Sold out |
| Kingsview Wealth Management, LLC | 0 | $0 | 0.00% | −29,091−100.0% | Sold out |
| Private Advisor Group, LLC | 0 | $0 | 0.00% | −28,875−100.0% | Sold out |
| Citadel Advisors LLC | 0 | $0 | 0.00% | −16,308−100.0% | Sold out |