IFG
HFRO

Independent Financial Group’s Highland Opportunities and Income Fund HFRO Stock Holding History

Independent Financial Group’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 		$206K Buy
28,881
+251
+0.9% +$1.61K ﹤0.01% 1469
2026
Q1 		$163K Buy
28,630
+272
+1% +$1.66K ﹤0.01% 1397
2025
Q4 		$170K Sell
28,358
-1,896
-6% -$11.9K ﹤0.01% 1359
2025
Q3 		$192K Buy
30,254
+299
+1% +$1.75K ﹤0.01% 1300
2025
Q2 		$156K Buy
29,955
+1,350
+5% +$6.82K ﹤0.01% 1248
2025
Q1 		$149K Sell
28,605
-1,871
-6% -$10.3K 0.01% 1136
2024
Q4 		$158K Sell
30,476
-34,780
-53% -$197K 0.01% 1119
2024
Q3 		$400K Buy
65,256
+1,325
+2% +$8.07K 0.01% 749
2024
Q2 		$400K Buy
63,931
+14,028
+28% +$90K 0.02% 698
2024
Q1 		$351K Buy
49,903
+3,335
+7% +$22.5K 0.02% 719
2023
Q4 		$358K Buy
46,568
+7,025
+18% +$55.5K 0.02% 656
2023
Q3 		$318K Sell
39,543
-3,564
-8% -$29.8K 0.02% 635
2023
Q2 		$389K Buy
43,107
+1,365
+3% +$11.9K 0.03% 546
2023
Q1 		$367K Sell
41,742
-2,701
-6% -$26.8K 0.03% 539
2022
Q4 		$458K Buy
44,443
+7,304
+20% +$79.6K 0.04% 438
2022
Q3 		$361K Hold
37,139
– – 0.03% 489
2022
Q2 		$418K Buy
37,139
+1,674
+5% +$19.5K 0.04% 423
2022
Q1 		$423K Buy
35,465
+770
+2% +$8.8K 0.03% 482
2021
Q4 		$381K Hold
34,695
– – 0.03% 508
2021
Q3 		$374K Hold
34,695
– – 0.04% 453
2021
Q2 		$379K Buy
34,695
+450
+1% +$5.09K 0.04% 455
2021
Q1 		$380K Hold
34,245
– – 0.05% 395
2020
Q4 		$352K Buy
34,245
+1,050
+3% +$9.33K 0.05% 385
2020
Q3 		$285K Hold
33,195
– – 0.05% 360
2020
Q2 		$267K Hold
33,195
– – 0.06% 342
2020
Q1 		$283K Buy
+33,195
New +$387K 0.08% 262

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
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
Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return
Envestnet Asset Management
Envestnet Asset Management Chicago, Illinois $424B AUM 22.96% 1-Year Est. Return
Invesco
Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return
AW
Atlas Wealth Cincinnati, Ohio $701M AUM 15.28% 1-Year Est. Return
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors Fairfield, Iowa $44.6B AUM 28.94% 1-Year Est. Return
MC
Matisse Capital Portland, Oregon $250M AUM 26.81% 1-Year Est. Return

Independent Financial Group's HFRO Position: Q2 2026 in Review

Independent Financial Group increased its Highland Opportunities and Income Fund (HFRO) stake by 0.88% in Q2 2026, buying an estimated $1.61K and bringing the position to 28,881 shares worth $206K. The position accounts for ﹤0.01% of the portfolio, ranked #1469.

Independent Financial Group first reported a position in HFRO in Q1 2020 and has held it in 26 quarters since. The position peaked at $458K in Q4 2022. 92 funds tracked by Wall St. Rank hold HFRO as of Q2 2026.

  • Independent Financial Group held 28,881 shares of Highland Opportunities and Income Fund worth $206K as of Q2 2026.
  • Independent Financial Group bought 251 Highland Opportunities and Income Fund shares in Q2 2026, an estimated $1.61K.
  • Highland Opportunities and Income Fund made up ﹤0.01% of Independent Financial Group's portfolio in Q2 2026, its #1469 holding.
  • Independent Financial Group first reported a position in Highland Opportunities and Income Fund in Q1 2020 and has held it in 26 quarters since.
  • Independent Financial Group's Highland Opportunities and Income Fund position peaked at $458K in Q4 2022.
  • 92 funds tracked by Wall St. Rank held Highland Opportunities and Income Fund as of Q2 2026.

Based on Independent Financial Group's 13F filing for Q2 2026, filed 15 Jul 2026.