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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 5 of 21  ·  407 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 TKO TKO GROUP HOLDINGS INC CL A Communication Services 26,380.0 $5.5M 0.27% -1K -4.6% $209.00 -6.9%
82 VEA VANGUARD FTSE DEVELOPED MARKET 83,044.0 $5.2M 0.26% $62.47 +15.2%
83 APOS APOLLO GLOBAL MANAGEMENT INC Financial Services 35,450.0 $5.1M 0.26% NEW $144.76 -82.3%
84 NRG NRG ENERGY INC Utilities 31,980.0 $5.1M 0.25% -2K -4.6% $159.24 -17.0%
85 MAR MARRIOTT INTL IN CLASS A Consumer Cyclical 16,388.0 $5.1M 0.25% -395.0 -2.4% $310.24 +27.2%
86 DIS WALT DISNEY CO Communication Services 44,549.0 $5.1M 0.25% -2K -5.0% $113.77 -11.3%
87 CI CIGNA GROUP Healthcare 18,365.0 $5.1M 0.25% +5K +36.3% $275.23 +3.6%
88 NSC NORFOLK SOUTHERN CORP Industrials 17,309.0 $5.0M 0.25% -775.0 -4.3% $288.72 +4.1%
89 COLB COLUMBIA BANKING SYSTEMS INC Financial Services 178,344.0 $5.0M 0.25% +5K +2.9% $27.95 +7.5%
90 MA MASTERCARD INC Financial Services 8,690.0 $5.0M 0.25% +8K +798.7% $570.88 -13.7%
91 SLB SLB LIMITED COM STK Energy 128,907.0 $4.9M 0.25% -38K -22.8% $38.38 +31.1%
92 SBUX STARBUCKS CORP Consumer Cyclical 58,538.0 $4.9M 0.24% -3K -4.4% $84.21 +18.5%
93 DUK DUKE ENERGY CORP Utilities 41,880.0 $4.9M 0.24% -2K -4.2% $117.21 +5.6%
94 BSX BOSTON SCIENTIFIC CORP Healthcare 51,000.0 $4.9M 0.24% -2K -4.7% $95.35 -52.9%
95 COF CAPITAL ONE FINANCIAL CORPORAT Financial Services 19,780.0 $4.8M 0.24% -940.0 -4.5% $242.36 -17.2%
96 ACN ACCENTURE PLC Technology 17,810.0 $4.8M 0.24% -1K -6.7% $268.30 -41.8%
97 NFLX NETFLIX.COM INC Communication Services 50,535.0 $4.7M 0.24% +43K +560.0% $93.76 -17.9%
98 CASY CASEYS GENERAL STORES INC Consumer Cyclical 8,460.0 $4.7M 0.23% -400.0 -4.5% $552.71 +53.9%
99 TPG TPG INC CL A Financial Services 73,170.0 $4.7M 0.23% -4K -4.9% $63.84 -33.3%
100 NEE NEXTERA ENERGY INC Utilities 58,177.0 $4.7M 0.23% -3K -4.6% $80.28 +6.8%
Page 5 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%