HIGHLAND GLOBAL ALLOCATION F HGLB
COM · Closed-End Fund · CUSIP 43010T104
42
institutional holders
-2 vs Q1 2023
4.8m
shares reported held*
$41.4mreported value*
7 new
12 added
15 reduced
9 sold out
net bought ≈ $737.1k (+85.2k shares)
* 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. Holder counts are more reliable. Implied quarter-end price ≈ $8.68.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 42 |
| Q4 2022 | 42 |
| Q1 2023 | 44 |
| Q2 2023 | 42 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 24 | 17 |
| Q1 2023 | 23 | 16 |
| Q2 2023 | 19 | 24 |
Biggest buyers
| LPL Financial LLC | Added | +175.6k |
| Matisse Capital | Added | +110.5k |
| Shaker Financial Services, LLC | Added | +103.1k |
| UBS Group AG | Added | +45.4k |
| AQR Arbitrage LLC | New | +35.9k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | Added | +25.8k |
| ENVESTNET ASSET MANAGEMENT INC | New | +24.5k |
| Sovereign Financial Group, Inc. | Added | +20.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | +19.7k |
| Cetera Advisors LLC | New | +14.3k |
Biggest sellers
| Cetera Advisor Networks LLC | Sold out | -182.1k |
| MORGAN STANLEY | Reduced | -69.5k |
| GUGGENHEIM CAPITAL LLC | Sold out | -62.9k |
| Atlas Wealth LLC | Reduced | -52.5k |
| Aristides Capital LLC | Sold out | -46.2k |
| OSAIC HOLDINGS, INC. | Reduced | -16.9k |
| Advisor Resource Council | Sold out | -16.5k |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV | Sold out | -13.5k |
| Koshinski Asset Management, Inc. | Sold out | -11.9k |
| TRUIST FINANCIAL CORP | Reduced | -9.9k |
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 |
|---|---|
| RAYMOND JAMES & ASSOCIATES 13G · institution -0.6 pts · filed 2026-08-03 | 9.5% |
Insider purchases and sales in Q2 2023
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
BuyingSelling
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 1 | $9.4k | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $13.6k | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| Atlas Wealth LLC 1.99% of their portfolio | 1.2m $10.8m | Reduced -52.5k |
| MORGAN STANLEY 0.00% of their portfolio | 783.5k $6.8m | Reduced -69.5k |
| Shaker Financial Services, LLC 1.49% of their portfolio | 394.9k $3.4m | Added +103.1k |
| LPL Financial LLC 0.00% of their portfolio | 349.5k $3.0m | Added +175.6k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 330.4k $2.9m | Reduced -16.9k |
| NWF Advisory Services Inc. 0.44% of their portfolio | 221.9k $1.9m | Unchanged |
| Quantedge Capital Pte Ltd 0.61% of their portfolio | 159.3k $1.4m | Reduced -1.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 154.5k $1.3m | Reduced -4.3k |
| Matisse Capital 0.80% of their portfolio | 150.0k $1.3m | Added +110.5k |
| Sovereign Financial Group, Inc. 0.39% of their portfolio | 137.3k $1.2m | Added +20.1k |
| Private Advisor Group, LLC 0.01% of their portfolio | 106.7k $927.9k | Reduced -7.0k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 91.0k $786.8k | Reduced -20 |
| NEXPOINT ASSET MANAGEMENT, L.P. 0.11% of their portfolio | 86.2k $746.0k | Reduced -349 |
| BOKF, NA 0.01% of their portfolio | 73.5k $635.8k | Added +2.9k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 70.0k $605.0k | Reduced -5.1k |
| UBS Group AG 0.00% of their portfolio | 52.8k $456.4k | Added +45.4k |
| Capital Investment Advisors, LLC 0.01% of their portfolio | 45.1k $390.5k | Added +9.4k |
| OPPENHEIMER & CO INC 0.01% of their portfolio | 42.5k $367.6k | Reduced -7.0k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.04% of their portfolio | 38.5k $333.2k | Added +25.8k |
| AQR Arbitrage LLC 0.01% of their portfolio | 35.9k $310.4k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 33.0k $286.0k | Reduced -2.1k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 28.4k $245.5k | Reduced -9.9k |
| HighTower Advisors, LLC 0.00% of their portfolio | 24.7k $209.0k | Added +2.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 24.5k $212.1k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 19.7k $170.8k | New |
| WEDBUSH SECURITIES INC 0.01% of their portfolio | 16.2k $140.0k | Added +3.0k |
| Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.03% of their portfolio | 15.2k $131.2k | Added +3.4k |
| Cetera Advisors LLC 0.00% of their portfolio | 14.3k $123.9k | New |
| Moors & Cabot, Inc. 0.01% of their portfolio | 10.0k $86.5k | Unchanged |
| Retirement Group, LLC 0.07% of their portfolio | 5.6k $174.2k | Added +4.3k |
| Caldwell Trust Co 0.00% of their portfolio | 3.0k $25.9k | New |
| Geneos Wealth Management Inc. 0.00% of their portfolio | 2.5k $21.6k | Unchanged |
| Parallel Advisors, LLC 0.00% of their portfolio | 1.4k $12.3k | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 1.4k $12.2k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 837 $7.2k | Reduced -105 |
| BESSEMER GROUP INC 0.00% of their portfolio | 501 $4.0k | Reduced -169 |
| CWM, LLC 0.00% of their portfolio | 377 $3.0k | Unchanged |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 340 $2.9k | Unchanged |
| INSTITUTIONAL & FAMILY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 256 $2.2k | Unchanged |
| WealthPLAN Partners, LLC 0.00% of their portfolio | 49 $425 | Reduced -442 |
| FMR LLC 0.00% of their portfolio | 1 $9 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |