HIGHLAND GLOBAL ALLOCATION FUND - Common Stock (HGLB) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2016 to Q4 2025

Type / Class
Equity / Common Stock
Symbol
HGLB on NYSE
Shares outstanding
23,204,468
Price per share
$8.70
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
5,780,100
Total reported value
$52,772,124
% of total 13F portfolios
0%
Share change
+179,791
Value change
+$1,644,437
Number of holders
42
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of HIGHLAND GLOBAL ALLOCATION FUND - Common Stock (HGLB) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
RAYMOND JAMES & ASSOCIATES 9.7% $20,460,076 2,250,833 RAYMOND JAMES & ASSOCIATES 30 Sep 2025

As of 31 Dec 2025, 42 institutional investors reported holding 5,780,100 shares of HIGHLAND GLOBAL ALLOCATION FUND - Common Stock (HGLB). This represents 25% of the company’s total 23,204,468 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of HIGHLAND GLOBAL ALLOCATION FUND - Common Stock (HGLB) together control 25% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
RAYMOND JAMES FINANCIAL INC 10% 2,309,644 +2.6% 0.01% $21,087,052
LPL Financial LLC 3.7% 866,872 +16% 0% $7,914,541
MORGAN STANLEY 3.3% 766,386 -4.2% 0% $6,997,116
Matisse Capital 1.7% 393,000 0% 1.6% $3,588,090
OSAIC HOLDINGS, INC. 1.5% 346,337 -1.1% 0% $3,162,064
NewEdge Advisors, LLC 0.79% 182,809 +0.04% 0.01% $1,669,048
Quantedge Capital Pte Ltd 0.75% 173,587 +8.5% 0.76% $1,584,849
Sovereign Financial Group, Inc. 0.52% 120,412 +2.1% 0.2% $1,099,358
UBS Group AG 0.35% 81,222 +5.5% 0% $741,557
OPPENHEIMER & CO INC 0.22% 51,435 +3.1% 0.01% $469,602
Cambridge Investment Research Advisors, Inc. 0.21% 47,630 +61% 0% $435,000
PNC Financial Services Group, Inc. 0.19% 45,000 0% 0% $410,850
Capital Investment Advisors, LLC 0.17% 39,406 -6.9% 0.01% $359,775
Shaker Financial Services, LLC 0.16% 37,305 0.11% $340,595
Summit Financial, LLC 0.16% 37,100 -2.3% 0% $338,723
Total Wealth Planning & Management, Inc. 0.15% 35,543 -0.41% 0.26% $324,508
WEDBUSH SECURITIES INC 0.11% 25,475 -7.5% 0.01% $233,000
Cetera Investment Advisers 0.11% 24,662 -7.2% 0% $225,162
HB Wealth Management, LLC 0.1% 24,011 0% 0% $219,220
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.1% 22,797 +14% 0.02% $208,136
ROYAL BANK OF CANADA 0.09% 20,177 -8.6% 0% $184,000
SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.08% 18,400 0% $167,992
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.07% 17,062 0% 0.02% $155,776
BankPlus Wealth Management LLC 0.07% 16,000 0% 0.08% $146,080
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.06% 13,917 0% 0.01% $127,062

Institutional Holders of HIGHLAND GLOBAL ALLOCATION FUND - Common Stock (HGLB) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 5,780,100 $52,772,124 +$1,644,437 $9.13 42
2025 Q3 5,839,081 $52,913,649 -$895,438 $9.09 35
2025 Q2 5,986,896 $52,101,251 -$1,672,031 $8.70 30
2025 Q1 6,191,742 $51,577,119 -$790,305 $8.33 35
2024 Q4 6,290,018 $42,835,058 -$1,738,093 $6.81 35
2024 Q3 6,635,335 $52,147,346 -$167,295 $7.86 30
2024 Q2 6,667,846 $50,205,486 +$5,332,514 $7.53 39
2024 Q1 5,976,917 $45,771,138 +$4,172,579 $7.66 38
2023 Q4 5,430,641 $42,672,627 -$1,650,563 $7.86 40
2023 Q3 5,585,346 $44,616,949 +$6,517,500 $8.00 38
2023 Q2 4,768,412 $41,259,547 +$516,207 $8.65 40
2023 Q1 4,600,871 $41,498,210 -$715,247 $9.04 41
2022 Q4 4,542,357 $1,220,502,548 +$985,900 $9.42 39
2022 Q3 3,152,299 $27,551,000 -$2,362,046 $8.72 37
2022 Q2 3,404,987 $32,924,000 -$2,124,517 $9.67 38
2022 Q1 3,624,023 $35,728,370 +$1,745,627 $9.86 37
2021 Q4 3,514,250 $31,876,321 -$980,311 $9.07 36
2021 Q3 3,622,180 $32,926,129 -$963,995 $9.09 34
2021 Q2 3,728,883 $33,714,000 -$2,589,685 $9.06 35
2021 Q1 3,830,000 $29,526,641 -$8,226,830 $7.71 38
2020 Q4 5,013,065 $32,731,000 -$3,329,196 $6.53 40
2020 Q3 5,144,362 $31,866,000 -$3,087,212 $6.20 37
2020 Q2 5,033,559 $32,411,000 -$7,940,342 $6.44 36
2020 Q1 6,097,631 $26,528,000 +$3,753,249 $4.35 33
2019 Q4 5,321,026 $49,851,000 +$9,125,501 $9.34 37
2019 Q3 4,335,004 $44,421,000 +$6,333,217 $10.25 34
2019 Q2 3,814,553 $42,875,000 -$3,843,368 $11.24 31
2019 Q1 4,083,042 $52,761,000 +$52,761,000 $12.92 38
2016 Q2 0 $0 -$51,000 $8.70 0
2016 Q1 3,929 $51,000 $12.98 1