HIGHLAND OPPORTUNITIES HFRO
HIGHLAND INCOME · Closed-End Fund · CUSIP 43010E404
95
institutional holders
23.2m
shares reported held*
$226.2mreported value*
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($344.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $9.73.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
Saba Capital Management, L.P.
13D · may seek influence
+1.1 pts · filed 2026-06-04
Stated purposeNot Applicable. Full filing |
10.5% |
| DONDERO JAMES D 13D · may seek influence +1.1 pts · filed 2026-07-29 | 9.6% |
| MORGAN STANLEY 13G · institution -1.2 pts · filed 2026-02-11 | 5.1% |
| Thomas J. Herzfeld Advisors, Inc. 13G · institution new · filed 2025-10-29 | 5.0% |
Insider purchases and sales in Q3 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q3 2022.
Holders, Q3 2022
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.01% of their portfolio | 4.5m $44.1m | — |
| Thomas J. Herzfeld Advisors, Inc. 9.93% of their portfolio | 2.4m $23.3m | — |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 2.0m $19.6m | — |
| Invesco Ltd. 0.00% of their portfolio | 1.3m $12.9m | — |
| LPL Financial LLC 0.01% of their portfolio | 991.6k $9.6m | — |
| Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio | 936.0k $9.1m | — |
| OSAIC HOLDINGS, INC. 0.02% of their portfolio | 906.2k $8.8m | — |
| Quantedge Capital Pte Ltd 2.18% of their portfolio | 726.9k $7.1m | — |
| Penserra Capital Management LLC 0.19% of their portfolio | 684.1k $6.6m | — |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 646.1k $6.3m | — |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 547.6k $5.3m | — |
| OPPENHEIMER & CO INC 0.12% of their portfolio | 523.7k $5.1m | — |
| IHT Wealth Management, LLC 0.34% of their portfolio | 466.9k $4.5m | — |
| Camelot Portfolios, LLC 4.11% of their portfolio | 448.5k $4.4m | — |
| Geneos Wealth Management Inc. 0.29% of their portfolio | 438.3k $4.3m | — |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.57% of their portfolio | 407.0k $4.0m | — |
| Bulldog Investors, LLP 1.13% of their portfolio | 397.8k $3.9m | — |
| Amundi 0.00% of their portfolio | 390.8k $3.9m | — |
| COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio | 337.1k $3.3m | — |
| NEXPOINT ASSET MANAGEMENT, L.P. 0.22% of their portfolio | 334.0k $3.2m | — |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 324.0k $3.1m | — |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.31% of their portfolio | 242.7k $2.4m | — |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 213.9k $2.1m | — |
| BOKF, NA 0.04% of their portfolio | 189.5k $1.8m | — |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 176.9k $1.7m | — |
| Aristides Capital LLC 1.37% of their portfolio | 164.6k $1.6m | — |
| Matisse Capital 1.66% of their portfolio | 135.0k $1.3m | — |
| Marks Group Wealth Management, Inc 0.17% of their portfolio | 117.1k $1.1m | — |
| PARK AVENUE SECURITIES LLC 0.02% of their portfolio | 114.1k $1.1m | — |
| UBS Group AG 0.00% of their portfolio | 110.3k $1.1m | — |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 108.7k $1.1m | — |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 102.5k $995.0k | — |
| Pinnacle Wealth Planning Services, Inc. 0.18% of their portfolio | 98.6k $958.0k | — |
| Baird Financial Group, Inc. 0.00% of their portfolio | 96.7k $940.0k | — |
| Steward Partners Investment Advisory, LLC 0.02% of their portfolio | 93.5k $908.0k | — |
| Walleye Capital LLC 0.02% of their portfolio | 92.1k $896.0k | — |
| KNIGHTSBRIDGE ASSET MANAGEMENT, LLC 0.18% of their portfolio | 88.9k $864.0k | — |
| Arete Wealth Advisors, LLC 0.08% of their portfolio | 87.5k $850.0k | — |
| Hightower 6M Holding, LLC 0.06% of their portfolio | 72.9k $709.0k | — |
| Kingsview Wealth Management, LLC 0.03% of their portfolio | 64.8k $630.0k | — |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 62.2k $604.0k | — |
| MARINER INVESTMENT GROUP LLC 0.64% of their portfolio | 58.0k $564.0k | — |
| MONECO ADVISORS, LLC 0.22% of their portfolio | 55.4k $538.0k | — |
| RFG Advisory, LLC 0.04% of their portfolio | 55.1k $630.0k | — |
| Wealth Management Solutions, LLC 0.30% of their portfolio | 52.4k $509.0k | — |
| Cetera Advisor Networks LLC 0.01% of their portfolio | 52.2k $508.0k | — |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 47.6k $463.0k | — |
| Atria Wealth Solutions, Inc. 0.01% of their portfolio | 46.8k $457.2k | — |
| RETIREMENT GUYS FORMULA LLC 0.48% of their portfolio | 46.8k $454.0k | — |
| All Season Financial Advisors, Inc. 0.48% of their portfolio | 45.7k $445.0k | — |
| AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio | 42.5k $414.0k | — |
| B. Riley Wealth Advisors, Inc. 0.01% of their portfolio | 37.7k $367.0k | — |
| INDEPENDENT FINANCIAL GROUP, LLC 0.03% of their portfolio | 37.1k $361.0k | — |
| MIdWestOne Financial Group, Inc. 0.09% of their portfolio | 36.6k $356.0k | — |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 32.3k $314.0k | — |
| Global Retirement Partners, LLC 0.03% of their portfolio | 29.5k $333.0k | — |
| Independent Solutions Wealth Management, LLC 0.09% of their portfolio | 27.5k $267.6k | — |
| Private Advisor Group, LLC 0.00% of their portfolio | 22.6k $220.0k | — |
| CSS LLC/IL 0.01% of their portfolio | 22.1k $215.0k | — |
| SCOTIA CAPITAL INC. 0.00% of their portfolio | 21.7k $211.0k | — |
| Pekin Hardy Strauss, Inc. 0.03% of their portfolio | 18.7k $182.0k | — |
| STEPHENS INC /AR/ 0.00% of their portfolio | 18.5k $180.0k | — |
| WASHINGTON TRUST Co 0.01% of their portfolio | 18.1k $176.0k | — |
| V Wealth Advisors LLC 0.03% of their portfolio | 17.6k $171.0k | — |
| INTEGRATED CAPITAL MANAGEMENT, INC. 0.16% of their portfolio | 17.2k $167.0k | — |
| Cresset Asset Management, LLC 0.00% of their portfolio | 17.0k $165.0k | — |
| Keystone Wealth Services, LLC 0.07% of their portfolio | 15.6k $152.0k | — |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 15.2k $148.0k | — |
| Capital Investment Advisory Services, LLC 0.02% of their portfolio | 14.2k $138.0k | — |
| RAYMOND JAMES TRUST N.A. 0.01% of their portfolio | 14.1k $137.0k | — |
| Beacon Financial Advisory LLC 0.09% of their portfolio | 13.3k $129.0k | — |
| Cetera Investment Advisers 0.00% of their portfolio | 13.2k $128.0k | — |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 12.5k $122.0k | — |
| Ahrens Investment Partners LLC 0.06% of their portfolio | 12.2k $119.0k | — |
| AQR Arbitrage LLC 0.00% of their portfolio | 12.1k $117.0k | — |
| Foresight Wealth Management, LLC 0.05% of their portfolio | 11.9k $115.0k | — |
| Moors & Cabot, Inc. 0.01% of their portfolio | 11.7k $114.0k | — |
| Koshinski Asset Management, Inc. 0.01% of their portfolio | 10.5k $102.0k | — |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 9.5k $93.0k | — |
| US BANCORP \DE\ 0.00% of their portfolio | 8.3k $81.0k | — |
| American Portfolios Advisors 0.00% of their portfolio | 3.0k $29.4k | — |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.01% of their portfolio | 2.8k $27.0k | — |
| CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio | 2.4k $23.0k | — |
| Byrne Asset Management LLC 0.01% of their portfolio | 1.8k $17.0k | — |
| IFP Advisors, Inc 0.00% of their portfolio | 1.7k $27.0k | — |
| BESSEMER GROUP INC 0.00% of their portfolio | 1.3k $13.0k | — |
| Princeton Global Asset Management LLC 0.00% of their portfolio | 1.1k $11.0k | — |
| Spire Wealth Management 0.00% of their portfolio | 758 $7.0k | — |
| Tradewinds Capital Management, LLC 0.00% of their portfolio | 578 $6.0k | — |
| JNBA Financial Advisors 0.00% of their portfolio | 571 $6.0k | — |
| AlphaMark Advisors, LLC 0.00% of their portfolio | 400 $4.0k | — |
| Sound Income Strategies, LLC 0.00% of their portfolio | 382 $4.0k | — |
| Cedar Mountain Advisors, LLC 0.00% of their portfolio | 82 $1.0k | — |
| FMR LLC 0.00% of their portfolio | 2 $0 | — |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | — |