Tower Research Capital (TRC)’s Highland Opportunities and Income Fund HFRO Stock Holding History

Tower Research Capital (TRC)’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	-409	Closed	-$2.45K	–	5290
2025 Q4	$2.45K	Buy	+409	New	+$2.56K	﹤0.01%	4523
2025 Q1	–	Sell	-2,132	Closed	-$11.1K	–	5445
2024 Q4	$11.1K	Buy	+2,132	New	+$12.1K	﹤0.01%	3752
2024 Q1	–	Sell	-148	Closed	-$1.14K	–	5980
2023 Q4	$1.14K	Buy	+148	New	+$1.17K	﹤0.01%	5424
2021 Q1	–	Sell	-1,200	Closed	-$12K	–	5515
2020 Q4	$12K	Sell	1,200 -1,896	-61%	-$16.9K	﹤0.01%	4199
2020 Q3	$27K	Buy	+3,096	New	+$26.1K	﹤0.01%	3762
2019 Q1	–	Sell	-545	Closed	-$7K	–	3986
2018 Q4	$7K	Buy	+545	New	+$8.02K	﹤0.01%	2682

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

Tower Research Capital (TRC)'s HFRO Position: Q1 2026 in Review

Tower Research Capital (TRC) sold out of Highland Opportunities and Income Fund (HFRO) in Q1 2026, closing a stake of 409 shares — an estimated $2.45K sold.

Tower Research Capital (TRC) first reported a position in HFRO in Q4 2018 and held it in 6 quarters. The position peaked at $27K in Q3 2020. 95 funds tracked by Wall St. Rank hold HFRO as of Q1 2026.

Tower Research Capital (TRC) reported no remaining Highland Opportunities and Income Fund position as of Q1 2026 after selling out during the quarter.
Tower Research Capital (TRC) sold 409 Highland Opportunities and Income Fund shares in Q1 2026, an estimated $2.45K.
Tower Research Capital (TRC) first reported a position in Highland Opportunities and Income Fund in Q4 2018 and held it in 6 quarters.
Tower Research Capital (TRC)'s Highland Opportunities and Income Fund position peaked at $27K in Q3 2020.
95 funds tracked by Wall St. Rank held Highland Opportunities and Income Fund as of Q1 2026.

Based on Tower Research Capital (TRC)'s 13F filing for Q1 2026, filed 15 May 2026.