MC
HFRO

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

Matisse 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 		$4.4M Hold
617,000
– – 1.76% 14
2026
Q1 		$3.52M Hold
617,000
– – 1.5% 22
2025
Q4 		$3.69M Hold
617,000
– – 1.64% 16
2025
Q3 		$3.92M Hold
617,000
– – 1.76% 10
2025
Q2 		$3.21M Buy
617,000
+33,613
+6% +$170K 1.52% 14
2025
Q1 		$3.03M Buy
583,387
+74,387
+15% +$411K 1.6% 13
2024
Q4 		$2.64M Buy
509,000
+53,935
+12% +$306K 1.34% 19
2024
Q3 		$2.79M Buy
455,065
+20,065
+5% +$122K 1.36% 15
2024
Q2 		$2.72M Buy
435,000
+25,000
+6% +$160K 1.35% 14
2024
Q1 		$2.88M Buy
410,000
+125,000
+44% +$844K 1.39% 9
2023
Q4 		$2.19M Buy
285,000
+115,000
+68% +$909K 1.17% 15
2023
Q3 		$1.37M Buy
170,000
+10,000
+6% +$83.7K 0.96% 19
2023
Q2 		$1.44M Buy
160,000
+20,000
+14% +$175K 0.9% 24
2023
Q1 		$1.23M Buy
140,000
+5,000
+4% +$49.7K 0.79% 39
2022
Q4 		$1.39M Hold
135,000
– – 1.24% 21
2022
Q3 		$1.31M Buy
135,000
+82,738
+158% +$947K 1.66% 20
2022
Q2 		$588K Buy
+52,262
New +$607K 0.56% 59
2021
Q4 		– Sell
-1,233,000
Closed -$13.3M – 150
2021
Q3 		$13.3M Sell
1,233,000
-144,000
-10% -$1.54M 4.89% 2
2021
Q2 		$15M Sell
1,377,000
-87,000
-6% -$983K 4.75% 1
2021
Q1 		$16.2M Sell
1,464,000
-4,100
-0.3% -$43.1K 4.68% 1
2020
Q4 		$15.1M Buy
1,468,100
+324,000
+28% +$2.88M 4.68% 1
2020
Q3 		$9.83M Sell
1,144,100
-351,400
-23% -$2.96M 3.94% 3
2020
Q2 		$12M Buy
1,495,500
+90,300
+6% +$741K 4% 1
2020
Q1 		$12M Buy
1,405,200
+1,055,100
+301% +$12.3M 4.72% 1
2019
Q4 		$4.35M Buy
350,100
+271,000
+343% +$3.26M 3.08% 8
2019
Q3 		$1.06M Buy
79,100
+23,951
+43% +$320K 1.3% 25
2019
Q2 		$763K Buy
+55,149
New +$745K 0.97% 30

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
LPL Financial
LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

Matisse Capital's HFRO Position: Q2 2026 in Review

Matisse Capital held its Highland Opportunities and Income Fund (HFRO) position steady in Q2 2026 at 617,000 shares worth $4.4M. The position accounts for 1.76% of the portfolio, ranked #14.

Matisse Capital first reported a position in HFRO in Q2 2019 and has held it in 27 quarters since. The position peaked at $16.2M in Q1 2021. 92 funds tracked by Wall St. Rank hold HFRO as of Q2 2026.

  • Matisse Capital held 617,000 shares of Highland Opportunities and Income Fund worth $4.4M as of Q2 2026.
  • Matisse Capital left its Highland Opportunities and Income Fund share count unchanged in Q2 2026.
  • Highland Opportunities and Income Fund made up 1.76% of Matisse Capital's portfolio in Q2 2026, its #14 holding.
  • Matisse Capital first reported a position in Highland Opportunities and Income Fund in Q2 2019 and has held it in 27 quarters since.
  • Matisse Capital's Highland Opportunities and Income Fund position peaked at $16.2M in Q1 2021.
  • 92 funds tracked by Wall St. Rank held Highland Opportunities and Income Fund as of Q2 2026.

Based on Matisse Capital's 13F filing for Q2 2026, filed 12 Aug 2026.