Latest Period
Q4 2025
Security Snapshot
HIGHLAND GLOBAL ALLOCATION FUND - Common Shares (HGLB) Institutional Ownership
CUSIP: 43010T104
13F Institutional Holders and Ownership History from Q1 2016 to Q1 2026
Institutions Reporting
43
Shares (Excl. Options)
6,061,681
Price
$9.13
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- Type / Class
- Equity / Common Shares
- Symbol
- HGLB on NYSE
- Shares outstanding
- 23,298,619
- Price per share
- $8.03
- All holders as of 31 Dec 2025
- Q4 2025
- Total 13F shares
- 6,061,681
- Total reported value
- $55,342,960
- % of total 13F portfolios
- 0%
- Share change
- +169,791
- Value change
- +$1,553,137
- Number of holders
- 43
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors
Quick Takeaways
- HGLB - HIGHLAND GLOBAL ALLOCATION FUND - Common Shares is tracked under CUSIP 43010T104.
- 43 institutions reported positions in Q4 2025.
- 1 significant owner is listed from Schedule 13D/13G reporting.
What Changed
- Holder count moved from 43 to 17 between Q4 2025 and Q1 2026.
- Reported value moved from $55,342,960 to $16,365,334.
Why This Matters
- 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.
Source Evidence
Source: SEC Form 13F
Open SEC Evidence
Latest holder context comes from 43 institutions filings for Q4 2025.
Investment Quick Answers
What is CUSIP 43010T104?
CUSIP 43010T104 identifies HGLB - HIGHLAND GLOBAL ALLOCATION FUND - Common Shares in SEC 13F datasets.
Where can I see the latest institutional holders?
Review the Q4 2025 holders report and the ownership history table below.
Next ownership checks
Use the next link that matches the question you still need to answer about this security.
- Latest 13F filings when you want to inspect fresh institutional portfolio moves.
- Latest Schedule 13D/13G reports when you need large-owner changes outside the 13F cycle.
- All institutional ownership pages to compare this security with other holder-history pages.
Recent Quarterly Holder Reports
Open recent reporting periods for CUSIP 43010T104:
Significant Owners of HIGHLAND GLOBAL ALLOCATION FUND - Common Shares (HGLB) based on Schedule 13D/G filings
| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| RAYMOND JAMES & ASSOCIATES | 10% | +4% | $18,897,762 | +$821,768 | 2,353,161 | +4.5% | RAYMOND JAMES & ASSOCIATES | 31 Mar 2026 |
As of 31 Dec 2025, 43 institutional investors reported holding 6,061,681 shares of HIGHLAND GLOBAL ALLOCATION FUND - Common Shares (HGLB). This represents 26% of the company’s total 23,298,619 outstanding shares.
Top 25 Institutional Shareholders
The largest institutional shareholders of HIGHLAND GLOBAL ALLOCATION FUND - Common Shares (HGLB) together control 26% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL INC | 9.9% | 2,309,644 | +2.6% | 0.01% | $21,087,052 |
| LPL Financial LLC | 3.7% | 866,872 | +16% | 0% | $7,914,541 |
| MORGAN STANLEY | 3.3% | 766,386 | -4.2% | 0% | $6,997,116 |
| Matisse Capital | 1.7% | 393,000 | 0% | 1.6% | $3,588,090 |
| OSAIC HOLDINGS, INC. | 1.5% | 346,337 | -1.1% | 0% | $3,162,064 |
| NWF Advisory Services Inc. | 1.2% | 281,581 | -3.4% | 0.28% | $2,570,836 |
| NewEdge Advisors, LLC | 0.78% | 182,809 | +0.04% | 0.01% | $1,669,048 |
| Quantedge Capital Pte Ltd | 0.75% | 173,587 | +8.5% | 0.76% | $1,584,849 |
| Sovereign Financial Group, Inc. | 0.52% | 120,412 | +2.1% | 0.2% | $1,099,358 |
| UBS Group AG | 0.35% | 81,222 | +5.5% | 0% | $741,557 |
| OPPENHEIMER & CO INC | 0.22% | 51,435 | +3.1% | 0.01% | $469,602 |
| Cambridge Investment Research Advisors, Inc. | 0.2% | 47,630 | +61% | 0% | $435,000 |
| PNC Financial Services Group, Inc. | 0.19% | 45,000 | 0% | 0% | $410,850 |
| Capital Investment Advisors, LLC | 0.17% | 39,406 | -6.9% | 0.01% | $359,775 |
| Shaker Financial Services, LLC | 0.16% | 37,305 | 0.11% | $340,595 | |
| Summit Financial, LLC | 0.16% | 37,100 | -2.3% | 0% | $338,723 |
| Total Wealth Planning & Management, Inc. | 0.15% | 35,543 | -0.41% | 0.26% | $324,508 |
| WEDBUSH SECURITIES INC | 0.11% | 25,475 | -7.5% | 0.01% | $233,000 |
| Cetera Investment Advisers | 0.11% | 24,662 | -7.2% | 0% | $225,162 |
| HB Wealth Management, LLC | 0.1% | 24,011 | 0% | 0% | $219,220 |
| Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors | 0.1% | 22,797 | +14% | 0.02% | $208,136 |
| ROYAL BANK OF CANADA | 0.09% | 20,177 | -8.6% | 0% | $184,000 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0.08% | 18,400 | 0% | $167,992 | |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | 0.07% | 17,062 | 0% | 0.02% | $155,776 |
| BankPlus Wealth Management LLC | 0.07% | 16,000 | 0% | 0.08% | $146,080 |
Institutional Holders of HIGHLAND GLOBAL ALLOCATION FUND - Common Shares (HGLB) across Reporting Periods
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2026 Q1 | 2,037,917 | $16,365,334 | -$337,577 | $8.03 | 17 |
| 2025 Q4 | 6,061,681 | $55,342,960 | +$1,553,137 | $9.13 | 43 |
| 2025 Q3 | 5,839,081 | $52,913,649 | -$895,438 | $9.09 | 35 |
| 2025 Q2 | 5,986,896 | $52,101,251 | -$1,672,031 | $8.70 | 30 |
| 2025 Q1 | 6,191,742 | $51,577,119 | -$790,305 | $8.33 | 35 |
| 2024 Q4 | 6,290,018 | $42,835,058 | -$1,738,093 | $6.81 | 35 |
| 2024 Q3 | 6,635,335 | $52,147,346 | -$167,295 | $7.86 | 30 |
| 2024 Q2 | 6,667,846 | $50,205,486 | +$5,332,514 | $7.53 | 39 |
| 2024 Q1 | 5,976,917 | $45,771,138 | +$4,172,579 | $7.66 | 38 |
| 2023 Q4 | 5,430,641 | $42,672,627 | -$1,650,563 | $7.86 | 40 |
| 2023 Q3 | 5,585,346 | $44,616,949 | +$6,517,500 | $8.00 | 38 |
| 2023 Q2 | 4,768,412 | $41,259,547 | +$516,207 | $8.65 | 40 |
| 2023 Q1 | 4,600,871 | $41,498,210 | -$715,247 | $9.04 | 41 |
| 2022 Q4 | 4,542,357 | $1,220,502,548 | +$985,900 | $9.42 | 39 |
| 2022 Q3 | 3,152,299 | $27,551,000 | -$2,362,046 | $8.72 | 37 |
| 2022 Q2 | 3,404,987 | $32,924,000 | -$2,124,517 | $9.67 | 38 |
| 2022 Q1 | 3,624,023 | $35,728,370 | +$1,745,627 | $9.86 | 37 |
| 2021 Q4 | 3,514,250 | $31,876,321 | -$980,311 | $9.07 | 36 |
| 2021 Q3 | 3,622,180 | $32,926,129 | -$963,995 | $9.09 | 34 |
| 2021 Q2 | 3,728,883 | $33,714,000 | -$2,589,685 | $9.06 | 35 |
| 2021 Q1 | 3,830,000 | $29,526,641 | -$8,226,830 | $7.71 | 38 |
| 2020 Q4 | 5,013,065 | $32,731,000 | -$3,329,196 | $6.53 | 40 |
| 2020 Q3 | 5,144,362 | $31,866,000 | -$3,087,212 | $6.20 | 37 |
| 2020 Q2 | 5,033,559 | $32,411,000 | -$7,940,342 | $6.44 | 36 |
| 2020 Q1 | 6,097,631 | $26,528,000 | +$3,753,249 | $4.35 | 33 |
| 2019 Q4 | 5,321,026 | $49,851,000 | +$9,125,501 | $9.34 | 37 |
| 2019 Q3 | 4,335,004 | $44,421,000 | +$6,333,217 | $10.25 | 34 |
| 2019 Q2 | 3,814,553 | $42,875,000 | -$3,843,368 | $11.24 | 31 |
| 2019 Q1 | 4,083,042 | $52,761,000 | +$52,761,000 | $12.92 | 38 |
| 2016 Q2 | 0 | $0 | -$51,000 | $8.03 | 0 |
| 2016 Q1 | 3,929 | $51,000 | $12.98 | 1 |