HIGHLAND CAPITAL MANAGEMENT, LLC

Registered adviser

CIK

860486

Location

MEMPHIS, TN

Portfolio Value

Mid $2,180,627,795

Diversification

Diversified

Filing Date

Global Rank

#1,515 / 8,819 ▼ 15 · as of Jun 2026

Top Industry

Semiconductors 17.1%

Period ended 29 days ago

Filed Oct 26, 2026 · 3d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 104842

Roster of Oct 1, 2026

Regulatory AUM

$3,880,641,890

Main clients

Diversified

LEI

2549000RN0ZB066VG561

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Aug 2026 to Oct 2026	$3,880,641,890	Diversified
Apr 2026 to Jul 2026	$3,833,430,588	Diversified
Apr 2025 to Mar 2026	$3,539,134,473	Diversified
Apr 2024 to Mar 2025	$3,409,849,227	Diversified
May 2023 to Mar 2024	$3,100,659,199	Diversified
Apr 2023	$3,100,659,199	Diversified

4 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Diversified active

Top 10 weight 40.2%, 46.5 effective positions, active share 46.6% against the S&P 500 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

23.3% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 21.1 quarters (12+), a floor since 66.1% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2026-06-30, active share 46.6%; sector active share 9.5% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

415 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

7.1%

+1.2 pts

Top 5

29.4%

+2.4 pts

Top 10

43.5%

+3.3 pts

HHI

247

Diversified+32

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Technology	37.4%	$816,038,524	73
Financial Services	12.5%	$273,030,118	63
Unclassified	9.3%	$202,260,017	58
Healthcare	7.9%	$171,665,962	50
Communication Services	7.8%	$169,778,623	16
Industrials	7.1%	$155,652,826	44
Consumer Cyclical	6.7%	$145,437,521	30
Consumer Defensive	4.3%	$92,695,706	21
Energy	3.0%	$65,959,469	23
Basic Materials	1.8%	$39,879,972	20
Utilities	1.3%	$27,906,053	7
Real Estate	0.9%	$20,323,004	10

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
CRWD	CrowdStrike Holdings, Inc.	+93,803	120,413	$31,879,341
AMZN	Amazon Com Inc	+74,183	229,612	$57,207,829
AAPL	Apple Inc.	+48,498	425,180	$141,593,443
MSFT	Microsoft Corp	+35,559	300,293	$154,020,279
NWS	News Corp	+23,561	46,781	$1,483,893
APH	Amphenol Corp	+23,534	48,479	$4,086,779
META	Meta Platforms, Inc.	+11,425	50,709	$36,773,152
INTC	Intel Corp	+11,090	19,732	$2,372,378
NET	Cloudflare, Inc.	+10,450	14,532	$5,046,672
NFLX	Netflix Inc	+10,448	49,043	$3,412,411
BORR	Borr Drilling Ltd	+8,523	82,223	$319,847
HCSG	Healthcare Services Group Inc	+7,882	34,271	$700,841
HST	Host Hotels & Resorts, Inc.	+7,340	33,263	$744,758
AXP	American Express Co	+7,272	36,034	$10,957,939
TXN	Texas Instruments Inc	+6,854	19,781	$5,540,460
CSTM	Constellium SE	+6,233	31,967	$773,281
DAN	DANA Inc	+5,891	34,644	$946,127
MU	Micron Technology Inc	+4,362	114,087	$121,515,204
UNFI	United Natural Foods Inc	+4,345	19,142	$857,370
SNDR	Schneider National, Inc.	+4,246	23,748	$756,373
COHU	Cohu Inc	+3,836	10,561	$719,626
INGM	Ingram Micro Holding Corp	+3,808	25,465	$682,716
TNK	Teekay Tankers Ltd.	+3,474	13,376	$1,298,274
MCK	Mckesson Corp	+3,156	10,058	$8,587,620
AMD	Advanced Micro Devices Inc	+3,080	19,788	$12,105,506
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
GLW	Corning Inc	−71,243	6,140	$944,086
DUK	Duke Energy CORP	−36,985	4,662	$531,514
IVZ	Invesco Ltd.	−36,250	37,245	$1,123,309
GOOG	Alphabet Inc.	−31,072	121,425	$41,374,354
DINO	HF Sinclair Corp	−27,770	12,805	$1,374,232
ROKU	Roku, Inc	−26,265	45,411	$6,915,187
MRVL	Marvell Technology, Inc.	−22,660	46,256	$12,221,297
C	Citigroup Inc	−22,367	184,927	$23,944,347
GOOGL	Alphabet Inc.	−21,699	172,885	$59,486,270
UBER	Uber Technologies, Inc	−19,614	124,074	$8,500,309
DDOG	Datadog, Inc.	−17,010	3,358	$919,588
GE	General Electric Co	−15,476	9,931	$3,101,351
ABBV	AbbVie Inc.	−11,601	31,975	$8,364,340
ACWX	iShares MSCI ACWI ex U.S. ETF	−8,850	7,746	$585,752
ADBE	Adobe Inc.	−8,121	2,496	$598,890
SNOW	Snowflake Inc.	−8,067	3,120	$1,059,427
GEV	GE Vernova Inc.	−7,704	5,132	$4,877,914
PARR	Par Pacific Holdings, Inc.	−7,364	5,713	$466,295
FHN	First Horizon Corp	−6,966	362,548	$8,345,854
MT	ArcelorMittal	−6,375	13,852	$924,482
MRK	Merck & Co., Inc.	−5,989	227,463	$33,052,648
JLL	Jones Lang Lasalle Inc	−5,850	28,243	$8,628,801
CAT	Caterpillar Inc	−5,792	7,796	$6,320,918
CI	Cigna Group	−5,643	12,598	$3,424,514
NVDA	Nvidia Corp	−5,298	369,650	$84,420,667
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
PANW	Palo Alto Networks Inc	16,167	$6,423,310
CEG	Constellation Energy Corp	20,958	$5,323,751
KEYS	Keysight Technologies, Inc.	13,636	$4,964,049
COHR	Coherent Corp.	16,817	$4,840,100
STLD	Steel Dynamics Inc	20,595	$4,564,057
NI	Nisource Inc.	112,125	$4,372,875
SNDK	Sandisk Corp	2,020	$3,514,577
VICR	Vicor Corp	11,336	$3,275,423
ANET	Arista Networks, Inc.	15,461	$3,147,704
GILD	Gilead Sciences, Inc.	20,892	$3,113,952
AMGN	Amgen Inc	6,993	$2,947,619
P	Everpure, Inc.	22,310	$2,917,701
ROST	Ross Stores, Inc.	11,603	$2,708,140
DT	Dynatrace, Inc.	44,285	$2,557,015
CIEN	Ciena Corp	6,797	$2,391,320
WDC	Western Digital Corp	5,040	$2,290,478
GH	Guardant Health, Inc.	12,639	$2,254,292
TER	Teradyne, Inc	5,379	$2,156,494
INTU	Intuit Inc.	7,413	$2,043,838
RVMD	Revolution Medicines, Inc.	9,892	$2,030,431
CORT	Corcept Therapeutics Inc	17,513	$2,018,022
IRDM	Iridium Communications Inc.	40,817	$1,955,134
CPAY	Corpay, Inc.	4,994	$1,940,668
CRDO	Credo Technology Group Holding Ltd	9,479	$1,846,414
CNC	Centene Corp	29,492	$1,832,043
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
TKO	TKO Group Holdings, Inc.	26,270	$5,288,413
ORCL	Oracle Corp	31,591	$4,629,661
NRG	Nrg Energy, Inc.	31,530	$4,605,271
DIS	Walt Disney Co	42,769	$4,116,516
APD	Air Products & Chemicals, Inc.	13,356	$3,915,712
JBL	Jabil Inc	9,173	$3,536,008
OKE	Oneok Inc	37,360	$3,248,078
FIX	Comfort Systems USA Inc	1,599	$3,169,138
GLPI	Gaming & Leisure Properties, Inc.	71,130	$3,167,418
TPG	TPG Inc.	72,780	$2,951,229
VRT	Vertiv Holdings Co	8,646	$2,894,853
TPR	Tapestry, Inc.	18,816	$2,754,286
BNY	Bank of New York Mellon Corp	16,618	$2,403,128
COKE	Coca-Cola Consolidated, Inc.	12,030	$2,296,767
DV	DoubleVerify Holdings, Inc.	204,216	$2,213,701
LYB	LyondellBasell Industries N.V.	40,975	$2,157,333
NXST	Nexstar Media Group, Inc.	11,838	$2,114,148
RBRK	Rubrik, Inc.	26,066	$2,092,578
HLI	Houlihan Lokey, Inc.	14,525	$1,948,238
PCTY	Paylocity Holding Corp	17,839	$1,864,710
EME	EMCOR Group, Inc.	2,229	$1,849,802
DECK	Deckers Outdoor Corp	18,492	$1,836,070
ACN	Accenture plc	13,810	$1,718,516
DAR	Darling Ingredients Inc.	31,367	$1,713,265
ET	Energy Transfer LP	64,470	$1,232,668
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

415 tracked positions · $2,180,627,795 total · filing declares 417 positions · $2,191,477,801 · as of Sep 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 415 positions by value · page 1 of 9

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Added	300,293	+35,559	$154,020,279	+56.0%	7.06%
AAPL	Apple Inc. Technology	Added	425,180	+48,498	$141,593,443	+29.9%	6.49%
MU	Micron Technology Inc Technology	Added	114,087	+4,362	$121,515,204	−4.1%	5.57%
NVDA	Nvidia Corp Technology	Reduced	369,650	-5,298	$84,420,667	+12.5%	3.87%
AVGO	Broadcom Inc. Technology	Reduced	203,009	-1,721	$71,294,730	−7.8%	3.27%
GOOGL	Alphabet Inc. Communication Services	Reduced	172,885	-21,699	$59,486,270	−14.5%	2.73%
AMZN	Amazon Com Inc Consumer Cyclical	Added	229,612	+74,183	$57,207,829	+54.4%	2.62%
IVV	iShares Core S&P 500 ETF	Reduced	64,873	-665	$49,682,987	+1.2%	2.28%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	146,566	-4,060	$48,488,429	−1.7%	2.22%
GOOG	Alphabet Inc. Communication Services	Reduced	121,425	-31,072	$41,374,354	−23.2%	1.90%
META	Meta Platforms, Inc. Communication Services	Added	50,709	+11,425	$36,773,152	+66.2%	1.69%
MRK	Merck & Co., Inc. Healthcare	Reduced	227,463	-5,989	$33,052,648	+10.2%	1.52%
CRWD	CrowdStrike Holdings, Inc. Technology	Added	120,413	+93,803	$31,879,341	+57.0%	1.46%
COST	Costco Wholesale Corp Consumer Defensive	Reduced	34,390	-1,949	$31,306,592	−7.9%	1.44%
GS	Goldman Sachs Group Inc Financial Services	Reduced	33,384	-2,659	$30,057,618	−17.5%	1.38%
IWF	iShares Russell 1000 Growth ETF	Reduced	198,346	-2,479	$24,844,819	−0.4%	1.14%
C	Citigroup Inc Financial Services	Reduced	184,927	-22,367	$23,944,347	−17.5%	1.10%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	33,691	-939	$22,743,109	+31.0%	1.04%
V	Visa Inc. Financial Services	Reduced	51,349	-4,499	$18,451,236	−3.7%	0.85%
RTX	RTX Corp Industrials	Reduced	97,820	-500	$18,160,283	−2.6%	0.83%
NEM	NEWMONT Corp Basic Materials	Reduced	154,072	-2,535	$17,770,664	+21.5%	0.81%
CSCO	Cisco Systems, Inc. Technology	Reduced	156,201	-2,588	$16,811,913	−9.9%	0.77%
JNJ	Johnson & Johnson Healthcare	Reduced	61,930	-642	$16,395,348	+3.2%	0.75%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	76,783	-1,104	$14,150,339	−17.6%	0.65%
COP	Conocophillips Energy	Added	112,657	+583	$14,099,023	+21.0%	0.65%
BAC	Bank Of America Corp Financial Services	Reduced	257,502	-4,448	$14,015,833	−6.1%	0.64%
IEFA	iShares Core MSCI EAFE ETF	Added	142,577	+188	$13,812,859	+0.4%	0.63%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	26,517	-382	$13,204,140	−1.9%	0.61%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Added	35,046	+87	$13,115,615	+1.4%	0.60%
PWR	Quanta Services, Inc. Industrials	Added	19,120	+220	$12,284,791	−9.7%	0.56%
MRVL	Marvell Technology, Inc. Technology	Reduced	46,256	-22,660	$12,221,297	−40.5%	0.56%
AMD	Advanced Micro Devices Inc Technology	Added	19,788	+3,080	$12,105,506	+24.7%	0.56%
CARR	CARRIER GLOBAL Corp Industrials	Added	212,793	+369	$11,673,823	−25.1%	0.54%
FDX	Fedex Corp Industrials	Reduced	40,602	-224	$11,575,224	−9.5%	0.53%
AXP	American Express Co Financial Services	Added	36,034	+7,272	$10,957,939	+12.6%	0.50%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	75,135	-569	$10,915,612	−1.7%	0.50%
QCOM	Qualcomm Inc Technology	Added	57,724	+780	$10,623,524	+1.0%	0.49%
VLO	Valero Energy Corp Energy	Added	27,005	+1,624	$10,467,408	+58.4%	0.48%
XOM	ExxonMobil Holdings Corp Energy	Reduced	63,781	-328	$10,380,357	+18.4%	0.48%
GPC	Genuine Parts Co Consumer Cyclical	Added	82,348	+69	$10,354,437	+6.7%	0.47%
SPGI	S&P Global Inc. Financial Services	Added	25,816	+64	$10,183,637	−2.9%	0.47%
ETN	Eaton Corp plc Industrials	Added	22,814	+2,295	$9,803,403	+12.1%	0.45%
LLY	ELI LILLY & Co Healthcare	Reduced	8,373	-2,558	$9,688,230	−26.1%	0.44%
TTWO	Take Two Interactive Software Inc Communication Services	Reduced	46,070	-960	$9,559,525	−18.7%	0.44%
BA	Boeing Co Industrials	Reduced	51,098	-198	$9,506,782	−14.4%	0.44%
THC	Tenet Healthcare Corp Healthcare	Reduced	35,540	-350	$9,082,602	+35.3%	0.42%
WMT	Walmart Inc. Consumer Defensive	Reduced	87,329	-1,114	$9,075,229	−9.4%	0.42%
JLL	Jones Lang Lasalle Inc Real Estate	Reduced	28,243	-5,850	$8,628,801	−18.3%	0.40%
MCK	Mckesson Corp Healthcare	Added	10,058	+3,156	$8,587,620	+64.7%	0.39%
UBER	Uber Technologies, Inc Technology	Reduced	124,074	-19,614	$8,500,309	−18.0%	0.39%

Showing the top 50 of 415 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.