HFRO — HIGHLAND INCOME FUND
As of Q2 2026, 6 SEC-registered investment managers reported holding HFRO (HIGHLAND INCOME FUND) in their latest 13F filings, with a combined reported value of $26.39M across 3.70M shares. That is -7.4% by share count (-294.63K shares) versus the previous quarter, while reported value moved +15.7%. Ownership is concentrated: the five largest holders account for 100.0% of reported value and the top ten for 100.0%.
Compared with the prior quarter, 1 opened new positions, 1 added to existing stakes, 3 trimmed, 1 exited entirely. 13F holdings are quarter-end snapshots, so these moves reflect positioning as of Q2 2026, not real-time trading.
HFRO is classified in the Financials sector.
All figures on this page are computed from SEC Form 13F quarterly filings. 13F filers disclose long positions of $100,000 or more within 45 days of quarter end; short positions, options overlays and intra-quarter trades are not included, so treat the numbers as a quarterly snapshot of institutional ownership rather than real-time positioning.
| Fund | Quarter | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|---|
| Morgan Stanley history | Q2 2026 | 2.49M | $17.74M | 0.00% | Reduce |
| Invesco Ltd history | Q2 2026 | 1.16M | $8.28M | 0.00% | Reduce |
| Amundi US history | Q1 2024 | 367.18K | $2.35M | 0.00% | Hold |
| Balyasny Asset Management history | Q3 2025 | 42.78K | $271.65K | 0.00% | New |
| UBS Group AG history | Q2 2026 | 29.94K | $213.49K | 0.00% | Add |
| Millennium Management history | Q4 2025 | 28.85K | $172.52K | 0.00% | Reduce |
| Goldman Sachs Group history | Q2 2026 | 15.15K | $108.00K | 0.00% | New |
| Citadel Advisors history | Q1 2026 | 15.56K | $88.87K | 0.00% | Reduce |
| Citigroup Inc history | Q3 2021 | 7.16K | $77.00K | 0.00% | New |
| PNC Financial Services history | Q3 2024 | 11.34K | $69.52K | 0.00% | New |
| Wells Fargo & Co history | Q2 2026 | 6.50K | $46.38K | 0.00% | Reduce |
| Deutsche Bank AG history | Q1 2024 | 6.48K | $45.55K | 0.00% | New |
| Bank of America Corp history | Q3 2025 | 1.06K | $6.72K | 0.00% | New |
| Fidelity Management & Research (FMR) history | Q2 2026 | 23 | $164 | 0.00% | Hold |
| JPMorgan Chase & Co history | Q1 2023 | 1 | $0 | — | New |
New Positions (Q2 2026)
- Goldman Sachs Group 15.15K sh · $108.00K
Fully Exited (vs previous quarter)
- Citadel Advisors sold 15.56K sh · $88.87K
Fund Position History — shares by quarter (top 15 funds)
| Fund | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Morgan Stanley | 4.29M | 4.38M | 4.33M | 4.43M | 4.53M | 4.61M | 4.46M | 4.43M | 4.42M | 4.51M | 3.73M | 3.68M | 3.72M | 3.31M | 3.51M | 3.48M | 3.19M | 2.82M | 2.54M | 2.49M |
| Invesco Ltd | 1.46M | 1.39M | 1.36M | 1.33M | 1.33M | 1.33M | 1.39M | 1.31M | 1.26M | 1.23M | 1.77M | 1.81M | 1.82M | 1.84M | 1.76M | 1.75M | 1.33M | 1.37M | 1.41M | 1.16M |
| UBS Group AG | 21.95K | 16.72K | 19.72K | 100.94K | 110.25K | 141.20K | 143.61K | 107.79K | 29.57K | 29.23K | 32.53K | 31.21K | 31.31K | 77.86K | 32.12K | 129.36K | 32.26K | 18.96K | 18.65K | 29.94K |
| Goldman Sachs Group | — | — | — | — | — | — | — | — | — | — | — | — | 43.28K | 41.48K | 10.16K | — | 19.36K | — | — | 15.15K |
| Wells Fargo & Co | 1.21M | 1.09M | 653.51K | 549.07K | 547.55K | 499.46K | 490.35K | 476.20K | 480.00K | 458.04K | 215.44K | 5.77K | 3.98K | 10 | 1 | 6.50K | 449 | 2 | 7.85K | 6.50K |
| Fidelity Management & Research (FMR) | — | 2 | 2 | 1 | 2 | — | 1 | — | 1 | 1 | — | 1 | — | — | 28 | 23 | 23 | 23 | 23 | 23 |
| Citadel Advisors | — | — | — | — | — | — | — | — | 12.74K | 10.99K | — | — | — | 13.22K | — | 16.31K | — | 20.05K | 15.56K | — |
| Balyasny Asset Management | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 42.78K | — | — | — |
| Bank of America Corp | 33.46K | 8.76K | 8.76K | 8.60K | 9.53K | 10.65K | 4.24K | 2.34K | 2.34K | 2.34K | 1.40K | 5.12K | — | 19.25K | 1.05K | — | 1.06K | — | — | — |
| Millennium Management | 37.24K | 40.29K | — | — | — | — | — | — | — | — | — | — | 95.58K | 33.25K | — | — | 35.72K | 28.85K | — | — |
| JPMorgan Chase & Co | — | 8.64K | — | — | — | — | 1 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Deutsche Bank AG | — | — | — | — | — | — | — | — | — | — | 6.48K | — | — | — | — | — | — | — | — | — |
| Amundi US | — | — | — | 390.78K | 390.78K | 390.78K | 367.18K | 367.18K | 367.18K | 367.18K | 367.18K | — | — | — | — | — | — | — | — | — |
| Citigroup Inc | 7.16K | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| PNC Financial Services | — | 2 | — | — | — | — | — | — | — | — | 1.60K | — | 11.34K | — | — | — | — | — | — | — |
▲ Bought Low (fund opened/added, stock rose ≥5% next quarter) ▼ Sold High (fund reduced, stock fell ≥5% next quarter)
Drag / scroll to zoom · Default shows the most recent year · Annotations come from quarterly fund actions in 13F filings · Hover a marker for details