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Portfolio (Quarterly) Guide ↗

HIGHLAND CAPITAL MANAGEMENT, LLC

· CIK 0000860486
13F Portfolio $2.0B AUM 409 positions Filed Feb 2, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 50 New 40 Added 257 Reduced 55 Exited
Page 8 of 13  ·  257 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 SHEL SHELL PLC Energy 21,646.0 $1.6M 0.08% -2K -9.9% $73.48 +10.4%
142 AFL AFLAC INC Financial Services 14,095.0 $1.6M 0.08% -430.0 -3.0% $110.27 +5.9%
143 IBKR INTERACTIVE BROKERS GROUP Financial Services 23,760.0 $1.5M 0.08% -842.0 -3.4% $64.31 +49.3%
144 BUD ANHEUSER BUSCH INBEV N V Consumer Defensive 23,425.0 $1.5M 0.07% -3K -10.5% $64.04 +27.4%
145 SCHW CHARLES SCHWAB CORPORATION Financial Services 14,412.0 $1.4M 0.07% -2K -13.9% $99.91 -6.5%
146 EL ESTEE LAUDER COS INC Consumer Defensive 13,442.0 $1.4M 0.07% -6K -31.0% $104.72 -17.4%
147 OKTA OKTA INC Technology 15,856.0 $1.4M 0.07% -226.0 -1.4% $86.47 +33.7%
148 STM ST MICROELECTRONICS N V Technology 51,360.0 $1.3M 0.07% -6K -11.0% $25.94 +189.8%
149 CEF SPROTT PHYSICAL GOLD & SILVER Financial Services 28,528.0 $1.3M 0.07% -2K -7.8% $45.80 -0.7%
150 EEM ISHARES MSCI EMERGING MKTS IND 23,322.0 $1.3M 0.06% -2K -8.8% $54.71 +27.8%
151 ICLR ICON PLC Healthcare 6,718.0 $1.2M 0.06% -750.0 -10.0% $182.22 -21.6%
152 MUFG MITSUBISHI UFJ FINANCIAL GROUP Financial Services 77,050.0 $1.2M 0.06% -10K -11.0% $15.86 +32.3%
153 BHP BHP GROUP LIMITED Basic Materials 20,163.0 $1.2M 0.06% -2K -10.8% $60.37 +54.6%
154 CMCSA COMCAST CORP Communication Services 39,837.0 $1.2M 0.06% -9K -17.6% $29.89 -22.8%
155 CVNA CARVANA CO CL A Consumer Cyclical 2,773.0 $1.2M 0.06% -576.0 -17.2% $422.02 -84.7%
156 DOCU DOCUSIGN INC Technology 16,909.0 $1.2M 0.06% -533.0 -3.1% $68.40 -35.7%
157 NET CLOUDFLARE INC Technology 5,766.0 $1.1M 0.06% -10K -64.1% $197.15 +18.7%
158 NXPI NXP SEMICONDUCTOR NV Technology 5,166.0 $1.1M 0.06% -650.0 -11.2% $217.06 +41.9%
159 BX BLACKSTONE INC Financial Services 7,085.0 $1.1M 0.05% -15K -68.2% $154.14 -16.6%
160 PFE PFIZER INC Healthcare 41,467.0 $1.0M 0.05% -4K -9.6% $24.90 +5.1%
Page 8 of 13  ·  257 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 32.8%
Financial Services 17.0%
Communication Services 9.7%
Industrials 9.3%
Consumer Cyclical 8.9%
Healthcare 8.7%
Consumer Defensive 5.6%
Energy 2.8%
Basic Materials 2.1%
Utilities 1.7%