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.
Holders of 5% or more of HFRO
Holders whose latest Schedule 13D or 13G filing reports 5% or more of Highland Opportunities & Income Fund, largest stake first. The change is against the holder's previous filing.
| Holder | Latest form | Stake | Change | First filed | Latest filing | Filing |
|---|---|---|---|---|---|---|
| Saba Capital Management, L.P. | 13D/A | 10.47%5.80M shares | +1.07 ppfrom 9.40% | Aug 4, 20256 filings | Jun 4, 2026 | SEC |
| Dondero James D | 13D/A | 9.60%5.22M shares | +1.10 ppfrom 8.50% | Sep 22, 20255 filings | Jul 29, 2026 | SEC |
| Morgan Stanley | 13G/A | 5.10%2.82M shares | −1.20 ppfrom 6.30% | May 6, 20253 filings | Feb 11, 2026 | SEC |
| Thomas J. Herzfeld Advisors, Inc. | 13G | 5.05%2.80M shares | New | Oct 29, 20251 filing | Oct 29, 2025 | SEC |
Stakes are as of each holder's latest filing. Holders whose last filing was in the old format (before December 18, 2024) have no stake on record and are not listed, and after an acquisition or delisting holders usually stop filing.
13D and 13G filings
17 Schedule 13D and 13G filings on Highland Opportunities & Income Fund, newest first, including old-format filings without a stake.
| Filed (ET) | Filer | Form | Stake | Change | Event date | Filing |
|---|---|---|---|---|---|---|
| Jul 29, 20264:46 PM ET | Dondero James Dand 4 others | 13D/A | 9.60%5.22M shares | +1.10 ppfrom 8.50% | Jul 27, 2026 | SEC |
| Jun 4, 20265:01 PM ET | Saba Capital Management, L.P.and 2 others | 13D/A | 10.47%5.80M shares | +1.07 ppfrom 9.40% | Jun 2, 2026 | SEC |
| Apr 14, 20267:59 PM ET | Saba Capital Management, L.P.and 2 others | 13D/A | 9.40%5.21M shares | +1.10 ppfrom 8.30% | Apr 10, 2026 | SEC |
| Apr 1, 20266:25 PM ET | Dondero James Dand 4 others | 13D/A | 8.50%4.70M shares | +1.00 ppfrom 7.50% | Mar 30, 2026 | SEC |
| Feb 11, 202612:50 PM ET | Morgan Stanleyand 1 other | 13G/A | 5.10%2.82M shares | −1.20 ppfrom 6.30% | Dec 31, 2025 | SEC |
| Dec 31, 202512:52 PM ET | Saba Capital Management, L.P.and 2 others | 13D/A | 8.30%4.59M shares | +1.02 ppfrom 7.28% | Dec 29, 2025 | SEC |
| Dec 11, 202512:50 PM ET | Saba Capital Management, L.P.and 2 others | 13D/A | 7.28%4.03M shares | +1.11 ppfrom 6.17% | Dec 10, 2025 | SEC |
| Dec 10, 20259:00 PM ET | Dondero James Dand 4 others | 13D/A | 7.50%4.14M shares | +1.20 ppfrom 6.30% | Dec 10, 2025 | SEC |
| Oct 31, 20254:27 PM ET | Raymond James & Associates | 13G/A | 4.50%3.21M shares | −0.60 ppfrom 5.10%Below 5% | Sep 30, 2025 | SEC |
| Oct 29, 20258:00 AM ET | Thomas J. Herzfeld Advisors, Inc. | 13G | 5.05%2.80M shares | New | Sep 30, 2025 | SEC |
| Oct 7, 20257:19 PM ET | Dondero James Dand 4 others | 13D/A | 6.30%3.50M shares | +1.10 ppfrom 5.20% | Oct 3, 2025 | SEC |
| Sep 22, 20254:12 PM ET | Dondero James Dand 4 others | 13D | 5.20%2.88M shares | New | Sep 15, 2025 | SEC |
| Aug 7, 20256:20 PM ET | Saba Capital Management, L.P.and 2 others | 13D/A | 6.17%3.41M shares | +1.12 ppfrom 5.05% | Aug 5, 2025 | SEC |
| Aug 6, 20252:17 PM ET | Morgan Stanleyand 1 other | 13G/A | 6.30%3.48M shares | +1.10 ppfrom 5.20% | Jun 30, 2025 | SEC |
| Aug 4, 20257:19 AM ET | Saba Capital Management, L.P.and 2 others | 13D | 5.05%2.79M shares | New | Jul 30, 2025 | SEC |
| May 6, 20252:38 PM ET | Morgan Stanleyand 1 other | 13G | 5.20%3.38M shares | New | Mar 31, 2025 | SEC |
| Jan 31, 20253:17 PM ET | Raymond James & Associates | 13G | 5.10%3.69M shares | New | Sep 30, 2024 | SEC |
Form 144: proposed insider sales
Notices from officers, directors and other affiliates planning to sell Highland Opportunities & Income Fund shares.
No Form 144 notices for Highland Opportunities & Income Fund are on file.