Latest Period
Q1 2026
Security Snapshot
HIGHLAND OPPORTUNITIES & INCOME FUND - Common Shares, $0.001 par value (HFRO) Institutional Ownership
CUSIP: 43010E404
13F Institutional Holders and Ownership History from Q1 2016 to Q1 2026
Institutions Reporting
95
Shares (Excl. Options)
30,335,096
Price
$5.71
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- Security type / class
- Equity / Common Shares, $0.001 par value
- Symbol
- HFRO on NYSE
- All holders as of 31 Mar 2026
- Q1 2026
- Total 13F shares
- 30,335,096
- Total 13F value
- $173,208,831
- Portfolio coverage rank
- 0%
- Share change
- +715,082
- Value change
- +$4,048,281
- Number of holders
- 95
- Shares outstanding
- 55,390,630
- SEC-reported price per share
- $6.16
Latest holder snapshot
5 signals
Issuer context
Names, identifiers, and filing context for this profile.
2 identity fields
13F Shares, Excluding Options vs Price
13F Value, Excluding Options
Total Investors
Key facts
- HFRO - HIGHLAND OPPORTUNITIES & INCOME FUND - Common Shares, $0.001 par value is tracked under CUSIP 43010E404.
- 95 institutions reported positions in Q1 2026.
- 5 significant owners is listed from Schedule 13D/13G reporting.
Change
- Holder count moved from 104 to 95 between Q4 2025 and Q1 2026.
- SEC-reported value moved from $177,419,003 to $173,208,831.
Research use
- You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
- 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.
Evidence
Source: SEC Form 13F
Open SEC evidence
Latest holder context comes from 95 institutions filings for Q1 2026.
Security key
43010E404
Latest holder period
Q1 2026
13F holders
95
13D/G owners
5
CIK / CUSIP context first
Open Q1 2026 holders
HFRO full holder history
HIGHLAND OPPORTUNITIES & INCOME FUND SEC filings
HIGHLAND OPPORTUNITIES & INCOME FUND insider transactions
Broader feeds
Recent Quarterly Holder Reports
Open recent reporting periods for CUSIP 43010E404:
13D/G owners
Significant owners
Large-stake holder rows connected to Schedule 13D/G evidence.
Rows
5
Security
HFRO
| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Saba Capital Management, L.P. | 10% | +27% | $35,724,298 | +$7,421,870 | 5,799,399 | +26% | Saba Capital Management, L.P. | 02 Jun 2026 |
| DONDERO JAMES D | 7.5% | +20% | $26,774,838 | +$4,171,093 | 4,144,712 | +18% | DONDERO JAMES D | 10 Dec 2025 |
| RAYMOND JAMES & ASSOCIATES | 4.5% | -12% | $20,399,699 | -$3,041,612 | 3,212,551 | -13% | RAYMOND JAMES & ASSOCIATES | 30 Sep 2025 |
| MORGAN STANLEY | 5.1% | -20% | $17,049,555 | -$3,971,602 | 2,822,774 | -19% | Morgan Stanley | 31 Dec 2025 |
| Thomas J. Herzfeld Advisors, Inc. | 5% | $17,761,909 | 2,797,151 | Thomas J. Herzfeld Advisors, Inc. | 30 Sep 2025 |
As of 31 Mar 2026, 95 institutional investors reported holding 30,335,096 shares of HIGHLAND OPPORTUNITIES & INCOME FUND - Common Shares, $0.001 par value (HFRO). This represents 55% of the company’s total 55,390,630 outstanding shares.
13F concentration
Top 25 institutional shareholders
Largest 13F positions for this security by reported shares and value.
Top holder share
51%
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| Saba Capital Management, L.P. | 9.3% | 5,147,237 | +10% | 0.94% | $29,390,723 |
| NEXPOINT ASSET MANAGEMENT, L.P. | 7.5% | 4,128,895 | +12% | 1.6% | $23,575,991 |
| RAYMOND JAMES FINANCIAL INC | 7.1% | 3,920,979 | +3.4% | 0.01% | $22,388,789 |
| Thomas J. Herzfeld Advisors, Inc. | 4.9% | 2,715,661 | +11% | 5.3% | $15,506,424 |
| MORGAN STANLEY | 4.6% | 2,544,393 | -9.9% | 0% | $14,528,487 |
| ENVESTNET ASSET MANAGEMENT INC | 3.9% | 2,147,339 | +2.2% | 0% | $12,261,308 |
| Invesco Ltd. | 2.5% | 1,408,806 | +3% | 0% | $8,044,282 |
| Cambridge Investment Research Advisors, Inc. | 1.7% | 965,879 | +1.7% | 0.01% | $5,515,000 |
| Geneos Wealth Management Inc. | 1.2% | 672,800 | -28% | 0.09% | $3,841,687 |
| ROYAL BANK OF CANADA | 1.1% | 631,212 | -5.5% | 0% | $3,604,000 |
| LPL Financial LLC | 1.1% | 622,706 | -2.2% | 0% | $3,555,651 |
| Matisse Capital | 1.1% | 617,000 | 0% | 1.5% | $3,523,070 |
| OPPENHEIMER & CO INC | 0.83% | 460,222 | +2.3% | 0.03% | $2,627,868 |
| Camelot Portfolios, LLC | 0.57% | 317,062 | -10% | 1.4% | $1,810,422 |
| Altium Capital Management LLC | 0.5% | 277,068 | +94% | 3.8% | $1,582,058 |
| Closed-End Fund Advisors, Inc. | 0.42% | 235,324 | +0.08% | 1.4% | $1,343,700 |
| CHOREO, LLC | 0.39% | 217,962 | -5.5% | 0.02% | $1,244,563 |
| Marex Group plc | 0.37% | 205,000 | -28% | 0.01% | $1,170,550 |
| PARK AVENUE SECURITIES LLC | 0.33% | 181,678 | -1.6% | 0.01% | $1,037,000 |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | 0.33% | 181,396 | 0% | 0.07% | $1,035,771 |
| NewEdge Advisors, LLC | 0.3% | 166,318 | +27% | 0% | $949,676 |
| Concorde Asset Management, LLC | 0.3% | 166,190 | +19% | 0.47% | $948,945 |
| Arlington Capital Management, Inc. | 0.28% | 154,306 | +2.1% | 0.5% | $881,087 |
| HARBOUR INVESTMENTS, INC. | 0.26% | 142,243 | 0.01% | $812,208 | |
| IHT Wealth Management, LLC | 0.25% | 140,579 | -4.8% | 0.02% | $802,707 |
Quarter history
Institutional holders across reporting periods
Holder count, reported shares/value, and median price by quarter.
Periods
36
Latest
Q1 2026
Rows shown
1-25 of 36
| Period | 13F Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2026 Q1 | 30,335,096 | $173,208,831 | +$4,048,281 | $5.71 | 95 |
| 2025 Q4 | 29,663,166 | $177,419,003 | +$8,526,311 | $5.98 | 104 |
| 2025 Q3 | 27,839,932 | $176,737,644 | +$9,049,672 | $6.35 | 93 |
| 2025 Q2 | 26,523,262 | $137,966,948 | +$7,444,446 | $5.20 | 90 |
| 2025 Q1 | 25,109,356 | $130,533,909 | -$16,937,693 | $5.20 | 92 |
| 2024 Q4 | 28,432,726 | $147,638,324 | -$9,575,947 | $5.19 | 108 |
| 2024 Q3 | 29,127,550 | $178,460,032 | -$9,302,967 | $6.13 | 99 |
| 2024 Q2 | 30,554,650 | $190,848,744 | +$10,466,617 | $6.25 | 99 |
| 2024 Q1 | 28,742,088 | $201,815,989 | +$19,951,335 | $7.03 | 103 |
| 2023 Q4 | 25,801,156 | $198,140,137 | +$7,240,015 | $7.69 | 102 |
| 2023 Q3 | 24,708,797 | $198,348,877 | +$5,339,612 | $8.04 | 103 |
| 2023 Q2 | 23,992,963 | $216,348,544 | -$5,573,412 | $9.03 | 96 |
| 2023 Q1 | 24,598,795 | $216,229,755 | +$91,589 | $8.79 | 97 |
| 2022 Q4 | 24,465,878 | $252,111,538 | +$2,483,154 | $10.30 | 99 |
| 2022 Q3 | 23,239,202 | $226,154,193 | -$7,386,538 | $9.72 | 91 |
| 2022 Q2 | 23,979,522 | $269,979,817 | +$6,602,985 | $11.26 | 97 |
| 2022 Q1 | 23,468,381 | $280,198,121 | -$11,629,026 | $11.94 | 94 |
| 2021 Q4 | 24,582,360 | $270,172,969 | -$28,919,447 | $10.99 | 98 |
| 2021 Q3 | 27,155,992 | $292,425,438 | +$31,742,105 | $10.77 | 97 |
| 2021 Q2 | 24,104,781 | $262,978,096 | -$13,115,477 | $10.91 | 93 |
| 2021 Q1 | 25,259,387 | $280,306,150 | +$1,406,557 | $11.09 | 90 |
| 2020 Q4 | 25,657,693 | $263,938,112 | -$26,093,192 | $10.28 | 97 |
| 2020 Q3 | 28,628,668 | $244,392,845 | -$26,854,815 | $8.59 | 96 |
| 2020 Q2 | 31,872,155 | $256,685,840 | -$10,264,498 | $8.05 | 100 |
| 2020 Q1 | 32,831,977 | $280,085,086 | -$1,743,487 | $8.53 | 107 |