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Highland Global Allocation Fund

HGLB
Exchange
NYSE
SEC CIK
0001622148

No open-market purchases or sales by Highland Global Allocation Fund insiders were filed in the last 90 days; 42 institutions reported holding it in 13F filings for Q2 2026, worth $48.6M in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in Highland Global Allocation 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
36
+7 vs. Q2 2025
Shares held
5.85M
−100.6K (−1.7%) vs. Q2 2025
Total value
$52.9M
+$1.12M (+2.2%) vs. Q2 2025
New holders
9
11 more added
Sold out
2
8 more reduced

1 institution 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 HGLB 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 holdersQ3 2025: 36 institutions
Q1 2021: 40 institutionsQ2 2021: 36 institutionsQ3 2021: 36 institutionsQ4 2021: 38 institutionsQ1 2022: 40 institutionsQ2 2022: 39 institutionsQ3 2022: 41 institutionsQ4 2022: 41 institutionsQ1 2023: 43 institutionsQ2 2023: 41 institutionsQ3 2023: 39 institutionsQ4 2023: 41 institutionsQ1 2024: 39 institutionsQ2 2024: 39 institutionsQ3 2024: 31 institutionsQ4 2024: 36 institutionsQ1 2025: 35 institutionsQ2 2025: 30 institutionsQ3 2025: 36 institutionsQ4 2025: 43 institutionsQ1 2026: 38 institutionsQ2 2026: 42 institutions
Value heldQ3 2025: $52.9M
Q1 2021: $29.5MQ2 2021: $33.7MQ3 2021: $32.9MQ4 2021: $31.9MQ1 2022: $35.8MQ2 2022: $33.0MQ3 2022: $27.6MQ4 2022: $42.8MQ1 2023: $41.5MQ2 2023: $41.3MQ3 2023: $44.6MQ4 2023: $42.7MQ1 2024: $45.8MQ2 2024: $50.2MQ3 2024: $52.1MQ4 2024: $42.9MQ1 2025: $51.6MQ2 2025: $52.1MQ3 2025: $52.9MQ4 2025: $55.3MQ1 2026: $50.3MQ2 2026: $48.6M
Institutions holding HGLB and their total value by quarter
QuarterHoldersValue
Q2 202642$48.6M
Q1 202638$50.3M
Q4 202543$55.3M
Q3 202536$52.9M
Q2 202530$52.1M
Q1 202535$51.6M
Q4 202436$42.9M
Q3 202431$52.1M
Q2 202439$50.2M
Q1 202439$45.8M
Q4 202341$42.7M
Q3 202339$44.6M
Q2 202341$41.3M
Q1 202343$41.5M
Q4 202241$42.8M
Q3 202241$27.6M
Q2 202239$33.0M
Q1 202240$35.8M
Q4 202138$31.9M
Q3 202136$32.9M
Q2 202136$33.7M
Q1 202140$29.5M

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Highland Global Allocation Fund; share changes are against Q2 2025.

Institutions holding HGLB in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Raymond James Financial Inc2,250,833$20.5M0.01%−239,301−9.6%Reduced
Morgan Stanley799,810$7.27M0.00%−36,426−4.4%Reduced
LPL Financial LLC744,646$6.77M0.00%+1,296+0.2%Added
Matisse Capital393,000$3.57M1.61%00.0%Unchanged
Advisor Group Holdings, Inc.350,103$3.02M0.00%+40,247+13.0%Added
NWF Advisory Services Inc.291,581$2.65M0.29%+56,600+24.1%Added
GWM Advisors LLC182,745$1.66M0.01%+172,436+1,672.7%Added
Quantedge Capital Pte Ltd159,987$1.45M0.80%+10,500+7.0%Added
Sovereign Financial Group, Inc.117,925$1.07M0.20%+1,002+0.9%Added
UBS Group AG77,005$700.0K0.00%−4,416−5.4%Reduced
Oppenheimer & Co Inc49,907$453.7K0.01%−168−0.3%Reduced
Private Advisor Group, LLC45,529$413.9K0.00%−71,300−61.0%Reduced
The PNC Financial Services Group, Inc.45,000$409.1K0.00%00.0%Unchanged
Capital Investment Advisors, LLC42,348$384.9K0.01%+63+0.1%Added
Summit Financial, LLC37,975$345.2K0.01%+37,975New
Cambridge Investment Research Advisors, Inc.29,512$268.0K0.00%−4,290−12.7%Reduced
Wedbush Securities Inc27,526$250.0K0.01%+27,526New
Cetera Investment Advisers26,580$241.6K0.00%+4,570+20.8%Added
HB Wealth Management, LLC24,011$218.3K0.00%+24,011New
Royal Bank of Canada22,080$201.0K0.00%+1,043+5.0%Added
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors19,944$181.3K0.02%−1,783−8.2%Reduced
Marex Group plc19,769$179.7K0.00%+19,769New
Blue Bell Private Wealth Management, LLC17,062$155.1K0.02%+1,100+6.9%Added
BankPlus Wealth Management LLC16,000$145.4K0.09%+16,000New
Landscape Capital Management, L.L.C.12,914$117.4K0.01%−80,244−86.1%Reduced
Benjamin Edwards Inc10,180$92.5K0.00%+10,180New
Rockefeller Capital Management L.P.9,012$81.9K0.00%+9,012New
CoreCap Advisors, LLC5,385$49.0K0.00%00.0%Unchanged
Newbridge Financial Services Group, Inc.5,104$46.4K0.01%00.0%Unchanged
Advisory Services Network, LLC2,069$18.8K0.00%+2,069New
NBC Securities, Inc.2,067$18.8K0.00%00.0%Unchanged
Tortoise Investment Management, LLC863$7.84K0.00%+863New
Northwestern Mutual Wealth Management Co465$4.23K0.00%00.0%Unchanged
Comerica Bank142$1.29K0.00%00.0%Unchanged
Wells Fargo & Company2$220.00%+1+100.0%Added
International Assets Investment Management, LLC11,500$90.00%00.0%Unchanged
Highland Capital Management Fund Advisors, L.P.0$00.00%−86,246−100.0%Sold out
Jane Street Group, LLC0$00.00%−12,715−100.0%Sold out
Total Wealth Planning & Management, Inc.––––Not filed