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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, Q4 2025

Institutional positions in Highland Global Allocation Fund as of Dec 31, 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
43
+7 vs. Q3 2025
Shares held
6.06M
+211.1K (+3.6%) vs. Q3 2025
Total value
$55.3M
+$2.43M (+4.6%) vs. Q3 2025
New holders
13
12 more added
Sold out
6
8 more reduced

Compare with Q3 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 holdersQ4 2025: 43 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 heldQ4 2025: $55.3M
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, Q4 2025

Shares, value and share of portfolio for each institution holding Highland Global Allocation Fund; share changes are against Q3 2025.

Institutions holding HGLB in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Raymond James Financial Inc2,309,644$21.1M0.01%+58,811+2.6%Added
LPL Financial LLC866,872$7.91M0.00%+122,226+16.4%Added
Morgan Stanley766,386$7.00M0.00%−33,424−4.2%Reduced
Matisse Capital393,000$3.59M1.60%00.0%Unchanged
Advisor Group Holdings, Inc.346,337$3.16M0.00%−3,766−1.1%Reduced
NWF Advisory Services Inc.281,581$2.57M0.28%−10,000−3.4%Reduced
GWM Advisors LLC182,809$1.67M0.01%+640.0%Added
Quantedge Capital Pte Ltd173,587$1.58M0.76%+13,600+8.5%Added
Sovereign Financial Group, Inc.120,412$1.10M0.20%+2,487+2.1%Added
UBS Group AG81,222$741.6K0.00%+4,217+5.5%Added
Oppenheimer & Co Inc51,435$469.6K0.01%+1,528+3.1%Added
Cambridge Investment Research Advisors, Inc.47,630$435.0K0.00%+18,118+61.4%Added
The PNC Financial Services Group, Inc.45,000$410.9K0.00%00.0%Unchanged
Capital Investment Advisors, LLC39,406$359.8K0.01%−2,942−6.9%Reduced
Shaker Financial Services, LLC37,305$340.6K0.11%+37,305New
Summit Financial, LLC37,100$338.7K0.00%−875−2.3%Reduced
Total Wealth Planning & Management, Inc.35,543$324.5K0.26%+35,543New
Wedbush Securities Inc25,475$233.0K0.01%−2,051−7.5%Reduced
Cetera Investment Advisers24,662$225.2K0.00%−1,918−7.2%Reduced
HB Wealth Management, LLC24,011$219.2K0.00%00.0%Unchanged
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors22,797$208.1K0.02%+2,853+14.3%Added
Royal Bank of Canada20,177$184.0K0.00%−1,903−8.6%Reduced
Susquehanna International Group, LLP18,400$168.0K0.00%+18,400New
Blue Bell Private Wealth Management, LLC17,062$155.8K0.02%00.0%Unchanged
BankPlus Wealth Management LLC16,000$146.1K0.08%00.0%Unchanged
International Assets Investment Management, LLC13,917$127.1K0.01%+2,417+21.0%Added
Jane Street Group, LLC11,647$106.3K0.00%+11,647New
AE Wealth Management LLC11,413$104.2K0.00%+11,413New
Benjamin Edwards Inc10,645$97.2K0.00%+465+4.6%Added
Rockefeller Capital Management L.P.9,012$82.3K0.00%00.0%Unchanged
Wells Fargo & Company6,123$55.9K0.00%+6,121+306,050.0%Added
CoreCap Advisors, LLC5,385$49.2K0.00%00.0%Unchanged
Godfrey Financial Associates, Inc.3,203$29.2K0.03%+3,203New
NBC Securities, Inc.2,067$18.9K0.00%00.0%Unchanged
Jessup Wealth Management, Inc949$8.66K0.00%+949New
CWM, LLC904$8.00K0.00%+904New
SageView Advisory Group, LLC659$6.02K0.00%+659New
Northwestern Mutual Wealth Management Co465$4.25K0.00%00.0%Unchanged
Motiv8 Investments LLC361$3.00K0.00%+361New
Highline Wealth Partners LLC325$2.97K0.00%+325New
Allworth Financial LP310$2.83K0.00%+310New
Flagship Harbor Advisors, LLC301$2.75K0.00%+301New
Comerica Bank142$1.30K0.00%00.0%Unchanged
Private Advisor Group, LLC0$00.00%−45,529−100.0%Sold out
Marex Group plc0$00.00%−19,769−100.0%Sold out
Landscape Capital Management, L.L.C.0$00.00%−12,914−100.0%Sold out
Newbridge Financial Services Group, Inc.0$00.00%−5,104−100.0%Sold out
Advisory Services Network, LLC0$00.00%−2,069−100.0%Sold out
Tortoise Investment Management, LLC0$00.00%−863−100.0%Sold out