Millennium Management’s Highland Opportunities and Income Fund HFRO Stock Holding History

Millennium Management’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 Q1	–	Sell	-28,850	Closed	-$173K	–	5980
2025 Q4	$173K	Sell	28,850 -6,867	-19%	-$43K	﹤0.01%	5508
2025 Q3	$227K	Buy	+35,717	New	+$209K	﹤0.01%	5481
2025 Q1	–	Sell	-33,253	Closed	-$173K	–	6081
2024 Q4	$173K	Sell	33,253 -62,330	-65%	-$353K	﹤0.01%	5350
2024 Q3	$586K	Buy	+95,583	New	+$582K	﹤0.01%	4705
2022 Q1	–	Sell	-40,289	Closed	-$443K	–	7123
2021 Q4	$443K	Buy	40,289 +3,045	+8%	+$33.9K	﹤0.01%	5163
2021 Q3	$401K	Buy	+37,244	New	+$399K	﹤0.01%	5552
2021 Q1	–	Sell	-482,663	Closed	-$4.96M	–	6160
2020 Q4	$4.96M	Buy	+482,663	New	+$4.29M	﹤0.01%	2454
2020 Q3	–	Sell	-19,054	Closed	-$153K	–	4602
2020 Q2	$153K	Buy	+19,054	New	+$156K	﹤0.01%	3909
2020 Q1	–	Sell	-245,261	Closed	-$3.05M	–	4115
2019 Q4	$3.05M	Buy	+245,261	New	+$2.95M	﹤0.01%	2323
2019 Q1	–	Sell	-32,377	Closed	-$414K	–	4103
2018 Q4	$414K	Buy	32,377 +20,577	+174%	+$303K	﹤0.01%	3070
2018 Q3	$182K	Buy	+11,800	New	+$186K	﹤0.01%	3660

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

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

GWM

Geneos Wealth Management Englewood, Colorado $4.9B AUM 23.65% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

Millennium Management's HFRO Position: Q1 2026 in Review

Millennium Management sold out of Highland Opportunities and Income Fund (HFRO) in Q1 2026, closing a stake of 28,850 shares — an estimated $173K sold.

Millennium Management first reported a position in HFRO in Q3 2018 and held it in 11 quarters. The position peaked at $4.96M in Q4 2020. 95 funds tracked by Wall St. Rank hold HFRO as of Q1 2026.

Millennium Management reported no remaining Highland Opportunities and Income Fund position as of Q1 2026 after selling out during the quarter.
Millennium Management sold 28,850 Highland Opportunities and Income Fund shares in Q1 2026, an estimated $173K.
Millennium Management first reported a position in Highland Opportunities and Income Fund in Q3 2018 and held it in 11 quarters.
Millennium Management's Highland Opportunities and Income Fund position peaked at $4.96M in Q4 2020.
95 funds tracked by Wall St. Rank held Highland Opportunities and Income Fund as of Q1 2026.

Based on Millennium Management's 13F filing for Q1 2026, filed 15 May 2026.