Highland Opport & IncomeHFRO
13F holders, Q3 2025 (September 30)94holders +2
15new positions
12sold out
1famous investor
$6.35avg. 13F price*
At the end of Q3 2025, 94 institutions reported holding Highland Opport & Income (HFRO) in their 13F filings, up 2 from Q2 2025. 15 opened new positions and 12 sold out. The largest holders were Saba Capital Management, L.P. ($23.7M), Raymond James Financial Inc. ($20.5M) and Morgan Stanley ($20.2M). One famous investor held it Israel Englander (0.0% of Millennium Management's portfolio).
- Company
- Highland Opport & Income
- CUSIP
- 43010E404
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 15 | $1.9M |
| Exits | 12 | $2.9M |
All 13F filers, Q2 2025 → Q3 2025: 4,370,090 shares bought and 3,053,081 shares sold, net +1,317,009 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 94 holders
| Saba Capital Management, L.P. | 0.79% | Add +64.2% | 3,729,880 | $23.7M |
| Raymond James Financial Inc. | 0.01% | Reduce -14.1% | 3,236,075 | $20.5M |
| Morgan Stanley | 0.00% | Reduce -8.4% | 3,187,631 | $20.2M |
| Nexpoint Asset Management, L.P. | 1.60% | Add +207.0% | 2,818,047 | $17.9M |
| Thomas J. Herzfeld Advisors, Inc. | 6.09% | Add +7.5% | 2,796,339 | $17.8M |
| Envestnet Asset Management Inc. | 0.00% | Add +5.5% | 1,822,324 | $11.6M |
| Invesco Ltd. | 0.00% | Reduce -23.8% | 1,330,719 | $8.5M |
| Geneos Wealth Management Inc. | 0.16% | Reduce -2.6% | 981,727 | $6.2M |
| Cambridge Investment Research Advisors, Inc. | 0.02% | Reduce -0.5% | 934,988 | $5.9M |
| Royal Bank of Canada | 0.00% | Reduce -30.3% | 701,695 | $4.5M |
| LPL Financial LLC | 0.00% | Add +10.3% | 663,043 | $4.2M |
| Matisse Capital | 1.76% | No change | 617,000 | $3.9M |
| Commonwealth Equity Services, LLC | 0.00% | Add +75.8% | 595,969 | $3.8M |
| Oppenheimer & Co. Inc. | 0.03% | Reduce -3.9% | 448,820 | $2.9M |
| Camelot Portfolios, LLC | 1.53% | Reduce -5.5% | 406,172 | $2.6M |
| Osaic Holdings, Inc. | 0.00% | Reduce -2.2% | 300,777 | $1.9M |
| Choreo, LLC | 0.02% | Add +4.7% | 221,418 | $1.4M |
| North Ground Capital | 0.77% | Reduce -0.5% | 196,996 | $1.3M |
| IHT Wealth Management, LLC | 0.03% | Add +0.1% | 192,918 | $1.2M |
| Park Avenue Securities LLC | 0.01% | Reduce -13.9% | 191,834 | $1.2M |
| Landscape Capital Management, L.L.C. | 0.07% | Reduce -73.2% | 181,396 | $1.2M |
| Arlington Capital Management, Inc. | 0.64% | Reduce -9.5% | 158,438 | $1.0M |
| Aristides Capital LLC | 0.25% | No change | 133,496 | $848K |
| Nations Financial Group Inc, /Ia/ | 0.05% | Reduce -10.9% | 130,086 | $826K |
| HighTower Advisors, LLC | 0.00% | Reduce -28.5% | 124,853 | $793K |
| NewEdge Advisors, LLC | 0.00% | Reduce -0.8% | 120,911 | $768K |
| Blue Bell Private Wealth Management, LLC | 0.12% | Add +53.3% | 119,450 | $759K |
| AEGON USA Investment Management, LLC | 0.59% | No change | 105,895 | $672K |
| Samalin Investment Counsel, LLC | 0.23% | Add +15.3% | 104,353 | $663K |
| Baird Financial Group, Inc. | 0.00% | Reduce -18.4% | 94,898 | $603K |
| Marex Group Ltd | 0.01% | New | 77,571 | $493K |
| Cetera Investment Advisers | 0.00% | Add +1.2% | 71,596 | $455K |
| Concorde Asset Management, LLC | 0.17% | — | 65,700 | $412K |
| Jane Street Group, LLC | 0.00% | New | 53,855 | $342K |
| Ariadne Wealth Management, LP | 0.15% | Add +0.0% | 52,876 | $342K |
| Creative Planning | 0.00% | Reduce -0.4% | 45,985 | $292K |
| Balyasny Asset Management L.P. | 0.00% | New | 42,780 | $272K |
| Integrated Capital Management, Inc. | 0.18% | Reduce -25.4% | 40,939 | $260K |
| HRT Financial LP | 0.00% | Add +228.4% | 38,356 | $243K |
| NWF Advisory Services Inc. | 0.03% | Reduce -31.9% | 37,700 | $239K |
| MIdWestOne Financial Group, Inc. | 0.03% | No change | 36,578 | $232K |
| Mariner, LLC | 0.00% | Reduce -7.9% | 36,439 | $231K |
| Millennium Management | 0.00% | New | 35,717 | $227K |
| HB Wealth Management, LLC | 0.00% | New | 32,550 | $207K |
| CSS LLC | 0.04% | No change | 32,516 | $206K |
| Calamos Advisors LLC | 0.00% | Add +21.7% | 32,372 | $206K |
| UBS Group AG | 0.00% | Reduce -75.1% | 32,256 | $205K |
| Independent Financial Group, LLC | 0.00% | Add +1.0% | 30,254 | $192K |
| Papamarkou Wellner Asset Management inc. | 0.12% | No change | 30,000 | $191K |
| Melfa Wealth Management, Inc. | 0.11% | No change | 29,135 | $185K |
| Susquehanna International Group, LLP | 0.00% | Reduce -37.5% | 28,345 | $180K |
| Janney Montgomery Scott LLC | 0.00% | Reduce -3.6% | 26,152 | $166K |
| B. Riley Wealth Advisors, Inc. | 0.01% | No change | 24,430 | $155K |
| MML Investors Services, LLC | 0.00% | Add +0.3% | 23,026 | $146K |
| Kestra Advisory Services, LLC | 0.00% | Reduce -8.4% | 21,490 | $136K |
| Keystone Wealth Services, LLC | 0.03% | Add +2.0% | 20,545 | $130K |
| Abel Hall, LLC | 0.05% | No change | 20,000 | $127K |
| Goldman Sachs Group Inc. | 0.00% | New | 19,357 | $123K |
| One Charles Private Wealth Services, LLC | 0.03% | No change | 17,248 | $110K |
| Yakira Capital Management, Inc. | 0.04% | Reduce -82.6% | 15,655 | $99K |
| LifeWealth Investments, LLC | 0.03% | No change | 14,625 | $93K |
| Channel Wealth LLC | 0.02% | Reduce -15.0% | 14,216 | $90K |
| Capital Investment Advisory Services, LLC | 0.01% | Add +1.6% | 13,153 | $84K |
| U.S. Capital Wealth Advisors, LLC | 0.00% | Reduce -13.5% | 12,827 | $81K |
| Rockefeller Capital Management L.P. | 0.00% | New | 12,770 | $81K |
| Stephens Inc. | 0.00% | No change | 12,743 | $81K |
| Koshinski Asset Management, Inc. | 0.01% | No change | 11,625 | $74K |
| Catalyst Funds Management Pty Ltd | 0.01% | New | 10,800 | $69K |
| Bulldog Investors, LLP | 0.02% | No change | 10,715 | $68K |
| Advisory Services Network, LLC | 0.00% | New | 8,171 | $52K |
| Comerica Bank | 0.00% | No change | 6,420 | $41K |
| Legacy Wealth Managment, LLC | 0.01% | Reduce -0.6% | 5,237 | $33K |
| Cwm, LLC | 0.00% | Add +3684.8% | 3,747 | $24K |
| Creative Financial Designs Inc. | 0.00% | No change | 2,363 | $15K |
| Kilter Group LLC | 0.01% | New | 2,152 | $14K |
| Byrne Asset Management LLC | 0.01% | No change | 1,800 | $11K |
| US Bancorp \de | 0.00% | No change | 1,775 | $11K |
| Steward Partners Investment Advisory, LLC | 0.00% | No change | 1,261 | $8K |
| Bank of America Corp. | 0.00% | New | 1,059 | $7K |
| Spire Wealth Management | 0.00% | Reduce -83.3% | 500 | $3K |
| Wells Fargo & Company | 0.00% | Reduce -93.1% | 449 | $3K |
| CIBC Private Wealth Group LLC | 0.00% | Add +2.0% | 412 | $3K |
| Russell Investments Group, Ltd. | 0.00% | New | 400 | $3K |
| Sound Income Strategies, LLC | 0.00% | No change | 382 | $3K |
| Caldwell Sutter Capital, Inc. | 0.00% | No change | 285 | $2K |
| Gables Capital Management Inc. | 0.00% | New | 269 | $2K |
| Inlight Wealth Management, LLC | 0.00% | No change | 160 | $1K |
| Mountain Hill Investment Partners Corp. | 0.00% | Add +2.5% | 121 | $765 |
| Cedar Mountain Advisors, LLC | 0.00% | No change | 82 | $521 |
| MAI Capital Management | 0.00% | No change | 59 | $375 |
| FMR LLC | 0.00% | No change | 23 | $146 |
| Wealthspire Advisors, LLC | 0.00% | New | 7 | $44 |
| Strategic Wealth Partners, Ltd. | 0.00% | New | 6 | $38 |
| AdvisorNet Financial, Inc | 0.00% | No change | 1 | $9 |
"% of holder's portfolio" is HFRO's weight in each manager's 13F, not the share of Highland Opport & Income the manager owns.