HIGHLAND GLOBAL ALLOCATION FUND (HGLB) — Institutional Holders, Q2 2026
42 institutional investment managers reported a HGLB position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $48.6M. Every filer is listed below, ranked by position value. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.
HGLB in Q2 2026: what funds did
Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.
Biggest buyers
- Shaker Financial ServicesAdded · +329,650 sh+$2.5M
- LANDSCAPE CAPITAL MANAGEMENT, L.L.C.New · +201,096 sh+$1.5M
- Matisse CapitalAdded · +82,000 sh+$616.6K
- JANE STREET GROUPNew · +63,973 sh+$481.1K
- MORGAN STANLEYAdded · +61,884 sh+$465.4K
Biggest sellers
- LPL FinancialTrimmed · -322,418 sh-$2.4M
- RAYMOND JAMES FINANCIALTrimmed · -128,036 sh-$962.8K
- NWF Advisory ServicesTrimmed · -99,081 sh-$745.1K
- OSAICTrimmed · -95,582 sh-$718.8K
- PNC FINANCIAL SERVICES GROUPSold out · -45,000 sh-$338.4K
HGLB 13F holders ranked 1–42 of 42
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | RAYMOND JAMES FINANCIAL#1 · 2,225,125 sh | 2,225,125 | $16.7M | <0.01% | -5.4% |
| 2 | MORGAN STANLEY#2 · 826,174 sh | 826,174 | $6.2M | <0.01% | +8.1% |
| 3 | LPL Financial#3 · 546,359 sh | 546,359 | $4.1M | <0.01% | -37.1% |
| 4 | Matisse Capital#4 · 525,000 sh | 525,000 | $3.9M | 1.58% | +18.5% |
| 5 | Shaker Financial Services#5 · 520,207 sh | 520,207 | $3.9M | — | +173.0% |
| 6 | OSAIC#6 · 229,469 sh | 229,469 | $1.7M | <0.01% | -29.4% |
| 7 | Quantedge Capital Pte Ltd#7 · 201,587 sh | 201,587 | $1.5M | 1.15% | +6.7% |
| 8 | LANDSCAPE CAPITAL MANAGEMENT, L.L.C.#8 · 201,096 sh | 201,096 | $1.5M | 0.10% | New |
| 9 | NewEdge Advisors#9 · 169,935 sh | 169,935 | $1.3M | <0.01% | -19.6% |
| 10 | NWF Advisory Services#10 · 165,400 sh | 165,400 | $1.2M | — | -37.5% |
| 11 | Sovereign Financial Group#11 · 113,391 sh | 113,391 | $852.7K | 0.13% | +1.6% |
| 12 | Advisory Solutions Group#12 · 113,297 sh | 113,297 | $852.0K | — | — |
| 13 | OPPENHEIMER#13 · 90,402 sh | 90,402 | $679.8K | — | +31.8% |
| 14 | JANE STREET GROUP#14 · 63,973 sh | 63,973 | $481.1K | 0.00% | New |
| 15 | UBS Group AG#15 · 48,000 sh | 48,000 | $361.0K | 0.00% | -34.9% |
| 16 | Capital Investment Advisors#16 · 40,144 sh | 40,144 | $301.9K | — | +0.2% |
| 17 | Summit Financial#17 · 36,500 sh | 36,500 | $274.5K | <0.01% | 0.0% |
| 18 | XTX Topco Ltd#18 · 30,986 sh | 30,986 | $233.0K | <0.01% | New |
| 19 | WEDBUSH SECURITIES#19 · 27,482 sh | 27,482 | $207.0K | — | -5.9% |
| 20 | Cetera Investment Advisers#20 · 24,469 sh | 24,469 | $184.0K | <0.01% | -1.3% |
| 21 | Kapstone Financial Advisors#21 · 23,455 sh | 23,455 | $176.4K | 0.07% | New |
| 22 | BLUE BELL PRIVATE WEALTH MANAGEMENT#22 · 23,189 sh | 23,189 | $174.4K | 0.02% | +27.0% |
| 23 | AQR CAPITAL MANAGEMENT#23 · 22,435 sh | 22,435 | $168.7K | <0.01% | -5.5% |
| 24 | HB Wealth Management#24 · 22,435 sh | 22,435 | $168.7K | — | -5.5% |
| 25 | Cambridge Investment Research Advisors#25 · 21,316 sh | 21,316 | $160.0K | <0.01% | -21.9% |
| 26 | CITADEL ADVISORS#26 · 18,836 sh | 18,836 | $141.6K | 0.00% | New |
| 27 | Virtu Financial#27 · 17,159 sh | 17,159 | $129.0K | <0.01% | +27.7% |
| 28 | ROYAL BANK OF CANADA#28 · 14,387 sh | 14,387 | $108.0K | 0.00% | -23.0% |
| 29 | Bay Colony Advisory Group, d/b/a Bay Colony Advisors#29 · 14,107 sh | 14,107 | $106.1K | 0.01% | -34.0% |
| 30 | SUSQUEHANNA INTERNATIONAL GROUP, LLP#30 · 12,949 sh | 12,949 | $97.4K | 0.00% | -38.4% |
| 31 | Integrated Wealth Concepts#31 · 12,530 sh | 12,530 | $94.2K | <0.01% | New |
| 32 | INTERNATIONAL ASSETS INVESTMENT MANAGEMENT#32 · 11,904 sh | 11,904 | $90.8K | <0.01% | -7.2% |
| 33 | Concorde Asset Management#33 · 12,000 sh | 12,000 | $90.2K | 0.05% | New |
| 34 | AE Wealth Management#34 · 11,563 sh | 11,563 | $87.0K | <0.01% | +1.3% |
| 35 | BENJAMIN EDWARDS#35 · 11,145 sh | 11,145 | $83.8K | <0.01% | +4.7% |
| 36 | Rockefeller Capital Management L.P.#36 · 9,012 sh | 9,012 | $67.8K | <0.01% | 0.0% |
| 37 | CoreCap Advisors#37 · 5,385 sh | 5,385 | $40.5K | — | 0.0% |
| 38 | Godfrey Financial Associates#38 · 3,203 sh | 3,203 | $24.1K | 0.02% | 0.0% |
| 39 | NBC SECURITIES#39 · 2,067 sh | 2,067 | $15.5K | — | 0.0% |
| 40 | Pinnacle Wealth Planning Services#40 · 520 sh | 520 | $3.9K | <0.01% | 0.0% |
| 41 | HIGHLINE WEALTH PARTNERS#41 · 325 sh | 325 | $2.4K | — | 0.0% |
| 42 | WELLS FARGO & COMPANY#42 · 1 sh | 1 | $4.00 | 0.00% | -50.0% |
Funds that sold out of HGLB in Q2 2026 (3)
Held HGLB at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.
| Institution | Shares sold | Value in Q1 2026 |
|---|---|---|
| PNC FINANCIAL SERVICES GROUP45,000 sh | 45,000 | $361.4K |
| Advisory Services Network1,797 sh | 1,797 | $14.4K |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT465 sh | 465 | $3.7K |
Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.