HFRO · Highland Opportunities & Income Fund · Holdings

$7.39 -0.04 (-0.54%) At close · Sep 11

Market Cap

$408.06M

55.22M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Quarter:

Holders: 91

Total Value: $226,407,815

Total Shares: 31,754,259

Institutional Ownership Trend

26 quarters

Holder Concentration

Across 91 13F filers · Δ vs Mar 31, 2026

Top Holder

18.8%

+1.8 pts

Top 5

62.1%

+1.0 pts

Top 10

80.8%

+0.4 pts

HHI

955

Broadly held+48

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: -4

Institutional value: +31.3%

Shares held: +4.7%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Mid Saba Capital Management, L.P.	+828,967	5,976,204
Mid NEXPOINT ASSET MANAGEMENT, L.P.	+470,400	4,599,295
Mid OPPENHEIMER & CO INC	+72,042	532,264
Mega RAYMOND JAMES FINANCIAL INC	+58,645	3,979,624
Micro Altium Capital Management LLC	+39,987	317,055

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Mega Invesco Ltd.	−247,603	1,161,203
Mid Geneos Wealth Management Inc.	−147,262	525,538
Mega ROYAL BANK OF CANADA	−86,832	544,380
Mid HARBOUR INVESTMENTS, INC.	−77,123	65,120
Mega MORGAN STANLEY	−56,567	2,487,826

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Small Atlas Wealth LLC	1,030,976	$7,350,858
Small GRATIA CAPITAL, LLC	124,725	$889,289
Small Financial Solutions Advisory Group, Inc.	44,734	$318,953
Mega GOLDMAN SACHS GROUP INC	15,148	$108,005
Large NOMURA HOLDINGS INC	15,000	$106,950

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Large Marex Group plc	205,000	$1,170,550
Micro Concorde Asset Management, LLC	166,190	$948,944
Micro Arlington Capital Management, Inc.	154,306	$881,087
Mega CITADEL ADVISORS LLC	15,564	$88,870
Mid U.S. Capital Wealth Advisors, LLC	12,044	$68,771

Filter: New 10 Increased 26 Reduced 31 Sold out 14 Unchanged 24

Showing 91 of 91

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Saba Capital Management, L.P.

$42,610,334

18.82%

5,976,204

NEXPOINT ASSET MANAGEMENT, L.P.

$32,792,972

14.48%

4,599,295

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NexPoint Advisors, L.P.	0	$0	0.0%	Other
Held directly	4,599,295	$32,792,972	100.0%	Other

RAYMOND JAMES FINANCIAL INC

$28,374,717

12.53%

3,979,624

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	3,386,236	$24,143,862	85.1%	Defined
Raymond James Financial Services Advisors, Inc.	582,967	$4,156,554	14.6%	Defined
RAYMOND JAMES TRUST N.A.	10,421	$74,301	0.3%	Defined

Thomas J. Herzfeld Advisors, Inc.

$19,083,259

8.43%

2,676,474

MORGAN STANLEY

$17,738,197

7.83%

2,487,826

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY CAPITAL SERVICES, LLC	72,769	$518,842	2.9%	Defined
MORGAN STANLEY SMITH BARNEY LLC	2,414,895	$17,218,200	97.1%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	162	$1,155	0.0%	Defined

ENVESTNET ASSET MANAGEMENT INC

$15,568,098

6.88%

2,183,464

Invesco Ltd.

$8,279,377

3.66%

1,161,203

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Invesco Capital Management LLC	1,161,203	$8,279,377	100.0%	Defined

Atlas Wealth LLC

$7,350,858

3.25%

1,030,976

Cambridge Investment Research Advisors, Inc.

$6,735,661

2.98%

944,693

Matisse Capital

$4,399,210

1.94%

617,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Manager 1	231,000	$1,647,030	37.4%	Other
Held directly	386,000	$2,752,180	62.6%	Sole

LPL Financial LLC

$4,385,441

1.94%

615,069

ROYAL BANK OF CANADA

$3,881,428

1.71%

544,380

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC Capital Markets, LLC	542,460	$3,867,739	99.6%	Defined
RBC Trust Co (Delaware) Ltd	1,920	$13,689	0.4%	Defined

OPPENHEIMER & CO INC

$3,795,042

1.68%

532,264

Geneos Wealth Management Inc.

$3,747,085

1.66%

525,538

Altium Capital Management LLC

$2,260,602

1.00%

317,055

Camelot Portfolios, LLC

$2,210,606

0.98%

310,043

Closed-End Fund Advisors, Inc.

$1,690,287

0.75%

237,067

CHOREO, LLC

$1,469,813

0.65%

206,145

LANDSCAPE CAPITAL MANAGEMENT, L.L.C.

$1,293,352

0.57%

181,396

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Landscape High Leverage Fund, LP	37,789	$269,435	20.8%	Defined
LANDSCAPE OFFSHORE HL FUND LTD.	94,036	$670,476	51.8%	Defined
Held directly	49,571	$353,441	27.3%	Sole

PARK AVENUE SECURITIES LLC

$1,256,883

0.56%

176,281

BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC

$1,256,762

0.56%

176,264

NewEdge Advisors, LLC

$1,233,960

0.55%

173,066

Aristides Capital LLC

$1,024,623

0.45%

143,706

IHT Wealth Management, LLC

$979,669

0.43%

137,401

GRATIA CAPITAL, LLC

$889,289

0.39%

124,725

NATIONS FINANCIAL GROUP INC, /IA/ /ADV

$872,120

0.39%

122,317

HighTower Advisors, LLC

$783,636

0.35%

109,907

Baird Financial Group, Inc.

$683,082

0.30%

95,804

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Robert W. Baird & Co. Inc	95,804	$683,082	100.0%	Defined

OSAIC HOLDINGS, INC.

$681,164

0.30%

95,535

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	95,535	$681,164	100.0%	Defined

Calamos Advisors LLC

$571,833

0.25%

80,201

GILPIN WEALTH MANAGEMENT, LLC

$545,772

0.24%

76,546

Creative Planning

$488,775

0.22%

68,552

HARBOUR INVESTMENTS, INC.

$464,305

0.21%

65,120

Samalin Investment Counsel, LLC

$399,344

0.18%

56,009

Ariadne Wealth Management, LP

$377,276

0.17%

52,914

Cetera Investment Advisers

$363,408

0.16%

50,969

XTX Topco Ltd

$346,304

0.15%

48,570

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
XTX EXECUTION SERVICES LLC joint	48,570	$346,304	100.0%	Defined

AEGON USA Investment Management, LLC

$339,523

0.15%

47,619

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
TRANSAMERICA CORP	47,619	$339,523	100.0%	Defined

Financial Solutions Advisory Group, Inc.

$318,953

0.14%

44,734

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$309,627

0.14%

43,426

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
G1 EXECUTION SERVICES, LLC	43,426	$309,627	100.0%	Other

JANE STREET GROUP, LLC

$289,912

0.13%

40,661

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Global Trading, LLC	40,661	$289,912	100.0%	Defined

MERCER GLOBAL ADVISORS INC /ADV

$255,475

0.11%

35,831

CSS LLC/IL

$231,839

0.10%

32,516

Abel Hall, LLC

$213,900

0.09%

30,000

Papamarkou Wellner Asset Management inc.

$213,900

0.09%

30,000

UBS Group AG

$213,492

0.09%

29,943

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	3,746	$26,708	12.5%	Defined
UBS AG	26,197	$186,784	87.5%	Defined

INTEGRATED CAPITAL MANAGEMENT, INC.

$208,802

0.09%

29,285

EVOLVE PRIVATE WEALTH, LLC

$205,964

0.09%

28,887

INDEPENDENT FINANCIAL GROUP, LLC

$205,921

0.09%

28,881

B. Riley Wealth Advisors, Inc.

$184,060

0.08%

25,815

Mariner, LLC

$179,048

0.08%

25,112

North Ground Capital

$176,332

0.08%

24,731

MELFA WEALTH MANAGEMENT, INC.

$134,443

0.06%

18,856

MML INVESTORS SERVICES, LLC

$133,209

0.06%

18,683

One Charles Private Wealth Services, LLC

$122,978

0.05%

17,248

Kestra Advisory Services, LLC

$111,163

0.05%

15,591

GOLDMAN SACHS GROUP INC

$108,005

0.05%

15,148

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	15,148	$108,005	100.0%	Defined

NOMURA HOLDINGS INC

$106,950

0.05%

15,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NOMURA GLOBAL FINANCIAL PRODUCTS INC	15,000	$106,950	100.0%	Defined

Keystone Wealth Services, LLC

$104,839

0.05%

14,704

Capital Investment Advisory Services, LLC

$93,231

0.04%

13,076

DIVERSIFY WEALTH MANAGEMENT, LLC

$92,796

0.04%

13,015

Diversify Advisory Services, LLC

$92,796

0.04%

13,015

STEPHENS INC /AR/

$90,857

0.04%

12,743

COMMONWEALTH EQUITY SERVICES, LLC

$90,472

0.04%

12,689

Koshinski Asset Management, Inc.

$82,886

0.04%

11,625

Janney Montgomery Scott LLC

$82,208

0.04%

11,530

Bulldog Investors, LLP

$76,397

0.03%

10,715

Post Resch Tallon Group Inc.

$74,758

0.03%

10,485

K2 PRINCIPAL FUND, L.P.

$71,535

0.03%

10,033

Rockefeller Capital Management L.P.

$66,914

0.03%

9,385

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
ROCKEFELLER & CO. LLC	1,019	$7,265	10.9%	Defined
ROCKEFELLER TRUST COMPANY, N.A.	8,327	$59,371	88.7%	Defined
ROCKEFELLER FINANCIAL LLC	39	$278	0.4%	Defined

WELLS FARGO & COMPANY/MN

$46,380

0.02%

6,505

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	6,502	$46,359	100.0%	Defined
WELLS FARGO CLEARING SERVICES, LLC	3	$21	0.0%	Defined

FIFTH THIRD BANCORP

$43,892

0.02%

6,156

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fifth Third Bank, National Association	6,156	$43,892	100.0%	Defined

Arax Advisory Partners

$35,963

0.02%

5,044

IFP Advisors, Inc

$27,414

0.01%

3,845

Basepoint Wealth LLC

$26,174

0.01%

3,671

Triumph Capital Management

$23,529

0.01%

3,300

Byrne Asset Management LLC

$12,834

0.01%

1,800

Steward Partners Investment Advisory, LLC

$8,990

0.00%

1,261

Spire Wealth Management

$3,565

0.00%

500

HIGHLINE WEALTH PARTNERS LLC

$2,951

0.00%

414

CALDWELL SUTTER CAPITAL, INC.

$2,032

0.00%

285

GABLES CAPITAL MANAGEMENT INC.

$1,917

0.00%

269

ASSETMARK, INC

$1,611

0.00%

226

SHP Wealth Management

$1,504

0.00%

211

Cedar Mountain Advisors, LLC

$584

0.00%

Sunrise Financial Services, LLC

$499

0.00%

FMR LLC

$163

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STRATEGIC ADVISERS LLC	23	$163	100.0%	Defined

Strategic Wealth Partners, Ltd.

$42

0.00%

Vision Retirement, LLC

$21

0.00%

AdvisorNet Financial, Inc

$14

0.00%

Kilter Group LLC

0.00%

Key facts CIK 1710680 CUSIP 43010E404 13F (30d) 19 filings 19 filers Visit website