Highland Global Allocation Fund
HGLB
43 hedge funds and large institutions have $55.3M invested in Highland Global Allocation Fund in 2025 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
19% more funds holding
Funds holding: 36 → 43 (+7)
5% more capital invested
Capital invested by funds: $52.9M → $55.3M (+$2.43M)
0.91% more ownership
Funds ownership: 25.24% → 26.15% (+0.91%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.19M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$571K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$362K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$179K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$414K |
| 2 |
Morgan Stanley
New York
|
-$324K |
| 3 |
MG
Marex Group
London,
|
-$180K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$117K |
| 5 |
NAS
NWF Advisory Services
Los Angeles,
California
|
-$97K |
HGLB Hedge Fund Activity: Q4 2025 in Review
43 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Highland Global Allocation Fund (HGLB) for Q4 2025, worth a combined $55.3M — up 4.6% from $52.9M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new HGLB positions and 6 closed out — a net gain of 7 holders — while 12 added to existing stakes and 8 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.19M. The largest seller was Private Advisor Group, exiting entirely with an estimated $414K sold.
- 43 institutional investors held Highland Global Allocation Fund (HGLB) as of Q4 2025, up from 36 in Q3 2025.
- Funds reported $55.3M of Highland Global Allocation Fund stock for Q4 2025, up 4.6% quarter-over-quarter.
- 13 funds opened new Highland Global Allocation Fund positions in Q4 2025 and 6 closed out, a net change of +7 holders.
- The largest Highland Global Allocation Fund buyer in Q4 2025 was LPL Financial, an estimated $1.19M added.
- The largest Highland Global Allocation Fund seller in Q4 2025 was Private Advisor Group, an estimated $414K sold.
Based on aggregated 13F filings for Q4 2025.