Highland Opport & IncomeHFRO
13F holders, Q4 2025 (December 31)105holders +11
15new positions
11sold out
2famous investors
$5.98avg. 13F price*
At the end of Q4 2025, 105 institutions reported holding Highland Opport & Income (HFRO) in their 13F filings, up 11 from Q3 2025. 15 opened new positions and 11 sold out. The largest holders were Saba Capital Management, L.P. ($28.0M), Raymond James Financial Inc. ($22.7M) and Nexpoint Asset Management, L.P. ($22.0M). 2 famous investors held it, including Israel Englander (0.0% of Millennium Management's portfolio) and Ken Griffin (0.0% of Citadel Advisors's portfolio).
- Company
- Highland Opport & Income
- CUSIP
- 43010E404
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 15 | $1.7M |
| Exits | 11 | $961K |
All 13F filers, Q3 2025 → Q4 2025: 3,425,618 shares bought and 1,990,614 shares sold, net +1,435,004 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 105 holders
| Saba Capital Management, L.P. | 0.95% | Add +25.3% | 4,674,016 | $28.0M |
| Raymond James Financial Inc. | 0.01% | Add +17.2% | 3,791,936 | $22.7M |
| Nexpoint Asset Management, L.P. | 1.54% | Add +30.3% | 3,673,047 | $22.0M |
| Morgan Stanley | 0.00% | Reduce -11.4% | 2,822,936 | $16.9M |
| Thomas J. Herzfeld Advisors, Inc. | 4.97% | Reduce -12.1% | 2,457,285 | $14.7M |
| Envestnet Asset Management Inc. | 0.00% | Add +15.3% | 2,100,795 | $12.6M |
| Invesco Ltd. | 0.00% | Add +2.8% | 1,367,754 | $8.2M |
| Cambridge Investment Research Advisors, Inc. | 0.01% | Add +1.6% | 950,061 | $5.7M |
| Geneos Wealth Management Inc. | 0.14% | Reduce -5.4% | 928,473 | $5.6M |
| Royal Bank of Canada | 0.00% | Reduce -4.9% | 667,601 | $4.0M |
| LPL Financial LLC | 0.00% | Reduce -4.0% | 636,467 | $3.8M |
| Matisse Capital | 1.65% | No change | 617,000 | $3.7M |
| Oppenheimer & Co. Inc. | 0.04% | Add +0.2% | 449,790 | $2.7M |
| Camelot Portfolios, LLC | 1.31% | Reduce -12.9% | 353,602 | $2.1M |
| Marex Group Ltd | 0.02% | Add +267.6% | 285,112 | $1.7M |
| Closed-End Fund Advisors, Inc. | 0.83% | — | 235,136 | $1.4M |
| Choreo, LLC | 0.02% | Add +4.2% | 230,630 | $1.4M |
| North Ground Capital | 0.57% | Reduce -2.2% | 192,701 | $1.2M |
| Park Avenue Securities LLC | 0.01% | Reduce -3.8% | 184,621 | $1.1M |
| Landscape Capital Management, L.L.C. | 0.07% | No change | 181,396 | $1.1M |
| Arlington Capital Management, Inc. | 0.56% | Reduce -4.6% | 151,205 | $904K |
| IHT Wealth Management, LLC | 0.02% | Reduce -23.5% | 147,653 | $883K |
| Altium Capital Management LLC | 3.38% | New | 143,059 | $855K |
| Concorde Asset Management, LLC | 0.33% | Add +112.3% | 139,460 | $834K |
| Aristides Capital LLC | 0.28% | No change | 133,496 | $798K |
| NewEdge Advisors, LLC | 0.00% | Add +8.0% | 130,626 | $781K |
| Blue Bell Private Wealth Management, LLC | 0.11% | Add +6.2% | 126,901 | $759K |
| Nations Financial Group Inc, /Ia/ | 0.04% | Reduce -6.0% | 122,317 | $731K |
| HighTower Advisors, LLC | 0.00% | Reduce -5.0% | 118,665 | $710K |
| Jane Street Group, LLC | 0.00% | Add +118.1% | 117,452 | $702K |
| Osaic Holdings, Inc. | 0.00% | Reduce -64.7% | 106,141 | $635K |
| Baird Financial Group, Inc. | 0.00% | Add +1.8% | 96,591 | $578K |
| Gilpin Wealth Management, LLC | 0.43% | — | 90,956 | $544K |
| AEGON USA Investment Management, LLC | 0.47% | Reduce -16.7% | 88,168 | $527K |
| Samalin Investment Counsel, LLC | 0.18% | Reduce -19.4% | 84,056 | $503K |
| Susquehanna International Group, LLP | 0.00% | Add +173.5% | 77,525 | $464K |
| Ariadne Wealth Management, LP | 0.14% | Add +0.0% | 52,890 | $340K |
| Cetera Investment Advisers | 0.00% | Reduce -22.4% | 55,565 | $332K |
| Creative Planning | 0.00% | Add +0.0% | 45,988 | $275K |
| Papamarkou Wellner Asset Management inc. | 0.16% | Add +50.0% | 45,000 | $269K |
| Calamos Advisors LLC | 0.00% | Add +32.1% | 42,776 | $256K |
| Integrated Capital Management, Inc. | 0.16% | Reduce -3.9% | 39,358 | $235K |
| XTX Topco Ltd | 0.01% | New | 37,854 | $226K |
| MIdWestOne Financial Group, Inc. | 0.02% | No change | 36,578 | $219K |
| Mercer Global Advisors Inc. | 0.00% | New | 35,831 | $214K |
| Kestra Advisory Services, LLC | 0.00% | Add +59.0% | 34,177 | $204K |
| HB Wealth Management, LLC | 0.00% | No change | 32,550 | $195K |
| CSS LLC | 0.03% | No change | 32,516 | $194K |
| Evolve Private Wealth, LLC | 0.01% | — | 31,437 | $188K |
| Mariner, LLC | 0.00% | Reduce -16.1% | 30,573 | $183K |
| Melfa Wealth Management, Inc. | 0.10% | No change | 29,135 | $174K |
| Millennium Management | 0.00% | Reduce -19.2% | 28,850 | $173K |
| Independent Financial Group, LLC | 0.00% | Reduce -6.3% | 28,358 | $170K |
| Janney Montgomery Scott LLC | 0.00% | Reduce -6.5% | 24,459 | $146K |
| Keystone Wealth Services, LLC | 0.03% | Add +1.9% | 20,925 | $125K |
| NWF Advisory Services Inc. | 0.01% | Reduce -45.1% | 20,700 | $124K |
| Citadel Advisors | 0.00% | New | 20,046 | $120K |
| Abel Hall, LLC | 0.03% | No change | 20,000 | $120K |
| MML Investors Services, LLC | 0.00% | Reduce -14.4% | 19,703 | $118K |
| UBS Group AG | 0.00% | Reduce -41.2% | 18,958 | $113K |
| One Charles Private Wealth Services, LLC | 0.03% | No change | 17,248 | $103K |
| Yakira Capital Management, Inc. | 0.03% | No change | 15,655 | $94K |
| LifeWealth Investments, LLC | 0.03% | No change | 14,625 | $87K |
| Channel Wealth LLC | 0.02% | No change | 14,216 | $85K |
| Commonwealth Equity Services, LLC | 0.00% | Reduce -97.7% | 13,550 | $81K |
| Capital Investment Advisory Services, LLC | 0.01% | Add +1.6% | 13,359 | $80K |
| U.S. Capital Wealth Advisors, LLC | 0.00% | No change | 12,827 | $77K |
| Stephens Inc. | 0.00% | No change | 12,743 | $76K |
| Koshinski Asset Management, Inc. | 0.00% | No change | 11,625 | $70K |
| Bulldog Investors, LLP | 0.01% | No change | 10,715 | $64K |
| K2 Principal Fund, L.P. | 0.02% | New | 10,033 | $60K |
| Nomura Holdings Inc. | 0.00% | New | 10,000 | $60K |
| Comerica Bank | 0.00% | Reduce -4.1% | 6,156 | $37K |
| Summit Securities Group LLC | 0.01% | New | 5,658 | $34K |
| Legacy Wealth Managment, LLC | 0.01% | No change | 5,237 | $31K |
| IFP Advisors, Inc | 0.00% | New | 5,222 | $31K |
| Rockefeller Capital Management L.P. | 0.00% | Reduce -59.5% | 5,178 | $31K |
| Basepoint Wealth LLC | 0.01% | New | 3,671 | $22K |
| Pinnacle Wealth Planning Services, Inc. | 0.00% | New | 2,520 | $15K |
| Kilter Group LLC | 0.01% | Add +1.9% | 2,192 | $13K |
| Byrne Asset Management LLC | 0.01% | No change | 1,800 | $11K |
| US Bancorp \de | 0.00% | No change | 1,775 | $11K |
| Assetmark, Inc. | 0.00% | New | 1,500 | $9K |
| Steward Partners Investment Advisory, LLC | 0.00% | No change | 1,261 | $8K |
| Flagship Harbor Advisors, LLC | 0.00% | New | 977 | $6K |
| Triumph Capital Management | 0.00% | New | 900 | $5K |
| Highline Wealth Partners LLC | 0.00% | New | 500 | $3K |
| Spire Wealth Management | 0.00% | No change | 500 | $3K |
| CIBC Private Wealth Group LLC | 0.00% | Add +1.7% | 419 | $3K |
| Tower Research Capital LLC (TRC) | 0.00% | New | 409 | $2K |
| Sound Income Strategies, LLC | 0.00% | No change | 382 | $2K |
| Caldwell Sutter Capital, Inc. | 0.00% | No change | 285 | $2K |
| Gables Capital Management Inc. | 0.00% | No change | 269 | $2K |
| SHP Wealth Management | 0.00% | — | 211 | $1K |
| Keating Financial Advisory Services, Inc. | 0.00% | — | 164 | $981 |
| Inlight Wealth Management, LLC | 0.00% | Reduce -0.6% | 159 | $951 |
| Mountain Hill Investment Partners Corp. | 0.00% | Add +1.6% | 123 | $734 |
| Cedar Mountain Advisors, LLC | 0.00% | No change | 82 | $490 |
| Sunrise Financial Services, LLC | 0.00% | — | 70 | $419 |
| MAI Capital Management | 0.00% | No change | 59 | $353 |
"% of holder's portfolio" is HFRO's weight in each manager's 13F, not the share of Highland Opport & Income the manager owns.