Aristides Capital’s Highland Opportunities and Income Fund HFRO Stock Holding History

Aristides Capital’s Portfolio HFRO Stock Details HFRO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$1.02M	Buy	143,706 +5,610	+4%	+$36K	0.2%	99
2026 Q1	$789K	Buy	138,096 +4,600	+3%	+$28K	0.17%	93
2025 Q4	$798K	Hold	133,496	–	–	0.14%	92
2025 Q3	$848K	Hold	133,496	–	–	0.12%	99
2025 Q2	$694K	Hold	133,496	–	–	0.14%	87
2025 Q1	$694K	Sell	133,496 -17,410	-12%	-$96.2K	0.2%	77
2024 Q4	$783K	Buy	150,906 +16,290	+12%	+$92.3K	0.16%	83
2024 Q3	$825K	Hold	134,616	–	–	0.26%	72
2024 Q2	$841K	Hold	134,616	–	–	0.24%	85
2024 Q1	$946K	Hold	134,616	–	–	0.35%	74
2023 Q4	$1.04M	Sell	134,616 -30,000	-18%	-$237K	0.38%	60
2023 Q3	$1.32M	Hold	164,616	–	–	0.58%	39
2023 Q2	$1.49M	Hold	164,616	–	–	0.6%	38
2023 Q1	$1.45M	Hold	164,616	–	–	0.77%	36
2022 Q4	$1.7M	Hold	164,616	–	–	0.86%	29
2022 Q3	$1.6M	Hold	164,616	–	–	1.21%	23
2022 Q2	$1.85M	Hold	164,616	–	–	1.27%	20
2022 Q1	$1.97M	Hold	164,616	–	–	1.2%	17
2021 Q4	$1.81M	Hold	164,616	–	–	0.83%	28
2021 Q3	$1.77M	Hold	164,616	–	–	0.65%	31
2021 Q2	$1.78M	Hold	164,616	–	–	0.42%	33
2021 Q1	$1.83M	Hold	164,616	–	–	0.74%	27
2020 Q4	$1.69M	Sell	164,616 -64,460	-28%	-$573K	0.58%	30
2020 Q3	$1.97M	Sell	229,076 -33,452	-13%	-$282K	1.37%	16
2020 Q2	$2.11M	Sell	262,528 -115,436	-31%	-$947K	1.59%	13
2020 Q1	$3.22M	Buy	+377,964	New	+$4.41M	2.34%	8

Other funds holding HFRO

SCM

Saba Capital Management New York $3.9B AUM 12.9% 1-Year Est. Return

NAM

Nexpoint Asset Management Dallas, Texas $1.5B AUM 83.46% 1-Year Est. Return

Raymond James Financial St Petersburg, Florida $369B AUM 28.27% 1-Year Est. Return

TJHA

Thomas J. Herzfeld Advisors Miami Beach, Florida $326M AUM 0.12% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $424B AUM 22.96% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Atlas Wealth Cincinnati, Ohio $701M AUM 15.28% 1-Year Est. Return

Cambridge Investment Research Advisors Fairfield, Iowa $44.6B AUM 28.94% 1-Year Est. Return

Matisse Capital Portland, Oregon $250M AUM 26.81% 1-Year Est. Return

Aristides Capital's HFRO Position: Q2 2026 in Review

Aristides Capital increased its Highland Opportunities and Income Fund (HFRO) stake by 4.1% in Q2 2026, buying an estimated $36K and bringing the position to 143,706 shares worth $1.02M. The position accounts for 0.2% of the portfolio, ranked #99.

Aristides Capital first reported a position in HFRO in Q1 2020 and has held it in 26 quarters since. The position peaked at $3.22M in Q1 2020. 92 funds tracked by Wall St. Rank hold HFRO as of Q2 2026.

Aristides Capital held 143,706 shares of Highland Opportunities and Income Fund worth $1.02M as of Q2 2026.
Aristides Capital bought 5,610 Highland Opportunities and Income Fund shares in Q2 2026, an estimated $36K.
Highland Opportunities and Income Fund made up 0.2% of Aristides Capital's portfolio in Q2 2026, its #99 holding.
Aristides Capital first reported a position in Highland Opportunities and Income Fund in Q1 2020 and has held it in 26 quarters since.
Aristides Capital's Highland Opportunities and Income Fund position peaked at $3.22M in Q1 2020.
92 funds tracked by Wall St. Rank held Highland Opportunities and Income Fund as of Q2 2026.

Based on Aristides Capital's 13F filing for Q2 2026, filed 13 Aug 2026.