HIGHLAND CAPITAL MANAGEMENT, LLC
Long book
$1.89B
Q1 2026
Positions
416
Top-10 weight
32%
concentration
Last quarter
+18.1%
SPY +14.8%
Turnover
23%
of book per quarter
Strategy in plain words
auto-generated from filingsHIGHLAND CAPITAL MANAGEMENT, LLC is an institutional manager, running a $1.89B US long book across 416 positions.
The portfolio is moderately concentrated (top 10 ≈ 32% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: MICROSOFT CORP, APPLE INC, BROADCOM INC, NVIDIA CORP, ALPHABET INC-CL A.
Over the last 9 quarters its long book ran on average 0.4pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.3%
Q2 2024
+5.0%
Q3 2024
+1.7%
Q4 2024
-4.7%
Q1 2025
+12.5%
Q2 2025
+8.7%
Q3 2025
+3.6%
Q4 2025
-2.8%
Q1 2026
+18.1%
Sector allocation
Technology 38%
Financials 15%
Industrials 13%
Consumer discretionary 10%
Healthcare 6%
Services media 5%
Energy 3%
Other 3%
Long book by quarter
What does HIGHLAND CAPITAL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MSFT MICROSOFT CORP | Technology | 288.1K | $106.7M | 5.6% | +0.4% |
| AAPL APPLE INC | Technology | 393.1K | $99.8M | 5.3% | -1.0% |
| AVGO BROADCOM INC | Technology | 214.8K | $66.5M | 3.5% | -0.2% |
| NVDA NVIDIA CORP | Technology | 351.6K | $61.3M | 3.2% | +0.8% |
| GOOGL ALPHABET INC-CL A | Technology | 180.3K | $51.9M | 2.7% | +0.1% |
| JPM JPMORGAN CHASE & CO | Financials | 158.4K | $46.6M | 2.5% | +1.3% |
| MU MICRON TECHNOLOGY INC | Technology | 134.3K | $45.4M | 2.4% | -5.7% |
| AMZN AMAZON.COM INC | Consumer discretionary | 204.2K | $42.5M | 2.3% | +0.1% |
| GOOG ALPHABET INC-CL C | Technology | 138.7K | $39.8M | 2.1% | +25.1% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 38.0K | $37.8M | 2.0% | -4.6% |
| GS GOLDMAN SACHS GROUP INC | Financials | 36.4K | $30.8M | 1.6% | -4.6% |
| MRK MERCK & CO. INC. | Healthcare | 237.6K | $28.6M | 1.5% | -8.9% |
| META META PLATFORMS INC-CLASS A | Technology | 43.3K | $24.8M | 1.3% | -4.0% |
| C CITIGROUP INC | Financials | 215.0K | $24.4M | 1.3% | -1.3% |
| RTX RTX CORP | Industrials | 101.4K | $19.6M | 1.0% | -0.6% |
| LOW LOWE'S COS INC | Consumer discretionary | 80.2K | $18.9M | 1.0% | -0.8% |
| V VISA INC-CLASS A SHARES | Services media | 57.5K | $17.4M | 0.9% | -11.5% |
| NEM NEWMONT CORP | Materials | 157.6K | $17.1M | 0.9% | -0.4% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 34.4K | $16.9M | 0.9% | +0.7% |
| FDX FEDEX CORP | Industrials | 45.4K | $16.2M | 0.9% | +0.2% |
| JNJ JOHNSON & JOHNSON | Healthcare | 62.7K | $15.3M | 0.8% | +0.2% |
| COP CONOCOPHILLIPS | Energy | 108.6K | $14.3M | 0.8% | -1.5% |
| WMT WALMART INC | Consumer discretionary | 112.1K | $13.9M | 0.7% | +15.7% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 27.4K | $13.1M | 0.7% | -0.2% |
| BAC BANK OF AMERICA CORP | Financials | 264.3K | $12.9M | 0.7% | -11.0% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 32.8K | $12.8M | 0.7% | +23.7% |
| CSCO CISCO SYSTEMS INC | Technology | 159.7K | $12.4M | 0.7% | -1.9% |
| GEV GE VERNOVA INC | Industrials | 14.2K | $12.4M | 0.7% | +25.3% |
| CARR CARRIER GLOBAL CORP | Industrials | 219.8K | $12.4M | 0.7% | -0.8% |
| PEP PEPSICO INC | Consumer staples | 77.1K | $12.0M | 0.6% | +0.8% |
| PWR QUANTA SERVICES INC | Industrials | 21.4K | $11.8M | 0.6% | +4.1% |
| PG PROCTER & GAMBLE CO/THE | Other | 77.2K | $11.1M | 0.6% | +0.7% |
| GLW CORNING INC | Industrials | 81.2K | $11.0M | 0.6% | Held |
| XOM EXXON MOBIL CORP | Energy | 64.7K | $11.0M | 0.6% | -2.2% |
| TTWO TAKE-TWO INTERACTIVE SOFTWRE | Technology | 54.0K | $10.7M | 0.6% | +15.7% |
| SPGI S&P GLOBAL INC | Services media | 25.0K | $10.6M | 0.6% | +1.4% |
| JLL JONES LANG LASALLE INC | Real estate | 34.2K | $10.4M | 0.6% | +41.3% |
| BA BOEING CO/THE | Industrials | 50.3K | $10.0M | 0.5% | +1.8% |
| ABBV ABBVIE INC | Healthcare | 44.4K | $9.7M | 0.5% | -12.1% |
| CVX CHEVRON CORP | Energy | 43.6K | $9.0M | 0.5% | +11.8% |
| WM WASTE MANAGEMENT INC | Utilities | 38.8K | $8.9M | 0.5% | -17.7% |
| CAT CATERPILLAR INC | Industrials | 12.4K | $8.8M | 0.5% | -36.2% |
| AXP AMERICAN EXPRESS CO | Financials | 28.9K | $8.7M | 0.5% | -0.6% |
| UBER UBER TECHNOLOGIES INC | Services media | 120.7K | $8.7M | 0.5% | +18.4% |
| FHN FIRST HORIZON CORP | Financials | 379.2K | $8.6M | 0.5% | +1.0% |
| CBOE CBOE GLOBAL MARKETS INC | Financials | 29.9K | $8.4M | 0.4% | -0.6% |
| TSLA TESLA INC | Industrials | 21.1K | $7.9M | 0.4% | -26.2% |
| GPC GENUINE PARTS CO | Consumer discretionary | 72.2K | $7.6M | 0.4% | +9.8% |
| SYF SYNCHRONY FINANCIAL | Financials | 110.7K | $7.5M | 0.4% | +0.5% |
| QCOM QUALCOMM INC | Technology | 58.4K | $7.5M | 0.4% | -2.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 13, 2026 | 418 | $1.89B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 2, 2026 | 409 | $2.01B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 16, 2025 | 414 | $2.01B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 22, 2025 | 405 | $1.85B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 24, 2025 | 393 | $1.67B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 23, 2025 | 377 | $1.75B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 23, 2024 | 376 | $1.75B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 25, 2024 | 347 | $1.69B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 7, 2024 | 344 | $1.74B | canonical | SEC ↗ |
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