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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 11 of 21  ·  407 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
201 AFL AFLAC INC Financial Services 14,095.0 $1.6M 0.08% -430.0 -3.0% $110.27 +5.4%
202 NOW SERVICENOW INC Technology 10,110.0 $1.5M 0.08% +8K +430.7% $153.19 -37.7%
203 IBKR INTERACTIVE BROKERS GROUP Financial Services 23,760.0 $1.5M 0.08% -842.0 -3.4% $64.31 +47.9%
204 BUD ANHEUSER BUSCH INBEV N V Consumer Defensive 23,425.0 $1.5M 0.07% -3K -10.5% $64.04 +26.0%
205 ACWX iSHARES MSCI ACWI INDEX FUND 22,226.0 $1.5M 0.07% $67.13 +13.3%
206 INSM INSMED INC Healthcare 8,558.0 $1.5M 0.07% NEW $174.04 -43.4%
207 HLI HOULIHAN LOKEY INC Financial Services 8,400.0 $1.5M 0.07% +816.0 +10.8% $174.19 -18.8%
208 XLK TECHNOLOGY SELECT SECTOR SPDR 10,058.0 $1.4M 0.07% +5K +106.2% $143.97 +29.1%
209 SCHW CHARLES SCHWAB CORPORATION Financial Services 14,412.0 $1.4M 0.07% -2K -13.9% $99.91 -5.4%
210 EL ESTEE LAUDER COS INC Consumer Defensive 13,442.0 $1.4M 0.07% -6K -31.0% $104.72 -21.3%
211 VWO VANGUARD EMERGING MARKETS ETF 26,097.0 $1.4M 0.07% $53.76 +11.3%
212 EFA MSCI EAFE INDEX 14,380.0 $1.4M 0.07% +225.0 +1.6% $96.03 +8.1%
213 OKTA OKTA INC Technology 15,856.0 $1.4M 0.07% -226.0 -1.4% $86.47 +30.7%
214 AON AON CORP Financial Services 3,850.0 $1.4M 0.07% NEW $352.88 -7.4%
215 STM ST MICROELECTRONICS N V Technology 51,360.0 $1.3M 0.07% -6K -11.0% $25.94 +182.8%
216 CEF SPROTT PHYSICAL GOLD & SILVER Financial Services 28,528.0 $1.3M 0.07% -2K -7.8% $45.80 -4.6%
217 CME CME GROUP INC Financial Services 4,784.0 $1.3M 0.07% +530.0 +12.5% $273.08 -7.5%
218 EEM ISHARES MSCI EMERGING MKTS IND 23,322.0 $1.3M 0.06% -2K -8.8% $54.71 +25.4%
219 ICLR ICON PLC Healthcare 6,718.0 $1.2M 0.06% -750.0 -10.0% $182.22 -21.4%
220 MUFG MITSUBISHI UFJ FINANCIAL GROUP Financial Services 77,050.0 $1.2M 0.06% -10K -11.0% $15.86 +30.8%
Page 11 of 21  ·  407 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%