TJHA
HFRO

Thomas J. Herzfeld Advisors’s Highland Opportunities and Income Fund HFRO Stock Holding History

Thomas J. Herzfeld Advisors’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 		$19.1M Sell
2,676,474
-39,187
-1% -$251K 5.86% 4
2026
Q1 		$15.5M Buy
2,715,661
+258,376
+11% +$1.57M 5.27% 4
2025
Q4 		$14.7M Sell
2,457,285
-339,054
-12% -$2.12M 4.97% 3
2025
Q3 		$17.8M Buy
2,796,339
+196,230
+8% +$1.15M 6.09% 2
2025
Q2 		$13.5M Sell
2,600,109
-77,194
-3% -$390K 4.82% 5
2025
Q1 		$13.9M Sell
2,677,303
-83,475
-3% -$461K 4.74% 5
2024
Q4 		$14.3M Sell
2,760,778
-258,677
-9% -$1.47M 4.59% 3
2024
Q3 		$18.5M Sell
3,019,455
-250,736
-8% -$1.53M 6.16% 3
2024
Q2 		$20.4M Buy
3,270,191
+134,393
+4% +$862K 7.17% 3
2024
Q1 		$22M Buy
3,135,798
+111,706
+4% +$754K 7.79% 3
2023
Q4 		$23.3M Buy
3,024,092
+152,421
+5% +$1.2M 8.54% 2
2023
Q3 		$23.1M Sell
2,871,671
-50,336
-2% -$421K 8.92% 2
2023
Q2 		$26.4M Sell
2,922,007
-14,563
-0.5% -$127K 10.51% 1
2023
Q1 		$25.8M Buy
2,936,570
+475,588
+19% +$4.73M 10.44% 1
2022
Q4 		$25.3M Buy
2,460,982
+65,872
+3% +$718K 10.39% 1
2022
Q3 		$23.3M Sell
2,395,110
-92,392
-4% -$1.06M 9.93% 2
2022
Q2 		$28M Sell
2,487,502
-451,828
-15% -$5.25M 11.6% 1
2022
Q1 		$35.1M Buy
2,939,330
+214,202
+8% +$2.45M 13.15% 1
2021
Q4 		$29.9M Buy
2,725,128
+189,209
+7% +$2.11M 10.87% 1
2021
Q3 		$27.3M Buy
2,535,919
+33,564
+1% +$359K 12.06% 1
2021
Q2 		$27.3M Buy
2,502,355
+297,330
+13% +$3.36M 11.39% 1
2021
Q1 		$24.5M Buy
2,205,025
+72,198
+3% +$760K 11.09% 1
2020
Q4 		$21.9M Sell
2,132,827
-17,717
-0.8% -$157K 10.23% 1
2020
Q3 		$16.9M Sell
2,150,544
-165,014
-7% -$1.39M 11.34% 1
2020
Q2 		$18.8M Buy
2,315,558
+415,524
+22% +$3.41M 9.19% 1
2020
Q1 		$16.2M Buy
1,900,034
+569,656
+43% +$6.64M 8.65% 1
2019
Q4 		$16.5M Buy
1,330,378
+237,569
+22% +$2.86M 5.91% 2
2019
Q3 		$14.6M Buy
1,092,809
+151,219
+16% +$2.02M 5.38% 2
2019
Q2 		$13M Buy
941,590
+44,809
+5% +$605K 4.96% 2
2019
Q1 		$12.5M Buy
896,781
+67,602
+8% +$924K 4.57% 2
2018
Q4 		$10.6M Buy
829,179
+819,920
+8,855% +$12.1M 4.23% 4
2018
Q3 		$143K Hold
9,259
– – 0.05% 121
2018
Q2 		$145K Hold
9,259
– – 0.05% 129
2018
Q1 		$148K Buy
+9,259
New +$146K 0.06% 130

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

Thomas J. Herzfeld Advisors's HFRO Position: Q2 2026 in Review

Thomas J. Herzfeld Advisors reduced its Highland Opportunities and Income Fund (HFRO) stake by 1.4% in Q2 2026, selling an estimated $251K and leaving 2,676,474 shares worth $19.1M. The position accounts for 5.86% of the portfolio, ranked #4.

Thomas J. Herzfeld Advisors first reported a position in HFRO in Q1 2018 and has held it in 34 quarters since. The position peaked at $35.1M in Q1 2022. 92 funds tracked by Wall St. Rank hold HFRO as of Q2 2026.

  • Thomas J. Herzfeld Advisors held 2,676,474 shares of Highland Opportunities and Income Fund worth $19.1M as of Q2 2026.
  • Thomas J. Herzfeld Advisors sold 39,187 Highland Opportunities and Income Fund shares in Q2 2026, an estimated $251K.
  • Highland Opportunities and Income Fund made up 5.86% of Thomas J. Herzfeld Advisors's portfolio in Q2 2026, its #4 holding.
  • Thomas J. Herzfeld Advisors first reported a position in Highland Opportunities and Income Fund in Q1 2018 and has held it in 34 quarters since.
  • Thomas J. Herzfeld Advisors's Highland Opportunities and Income Fund position peaked at $35.1M in Q1 2022.
  • 92 funds tracked by Wall St. Rank held Highland Opportunities and Income Fund as of Q2 2026.

Based on Thomas J. Herzfeld Advisors's 13F filing for Q2 2026, filed 10 Aug 2026.