Q3 2026 13F · SEC CIK 860486

Highland Capital Management, LLC

Institutional asset managerFiled 2026-10-26 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $2.2B
Reported positions: 415
Top holdings a year, 3 yrs: +26.9%
Assets under management: $3.9B

Highland Capital Management, LLC is an institutional asset manager that reported 415 positions worth $2.2B in its Q3 2026 13F, filed 2026-10-26. Its largest holdings were Microsoft Corp (MSFT, 7.0%), Apple Inc (AAPL, 6.5%), Micron Technology Inc (MU, 5.5%). A portfolio copying its top holdings returned 26.9% a year over the last 3 years, against 20.4% for the S&P 500.

Highland Capital Management, LLC holdings largest 50 of 415 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Highland Capital Management, LLC 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
MSFTMicrosoft Corp	7.0%	4.5%	300,293	+13.4%	$154.0M
AAPLApple Inc	6.5%	5.0%	425,180	+12.9%	$141.6M
MUMicron Technology Inc	5.5%	5.8%	114,087	+4.0%	$121.5M
NVDANvidia Corporation	3.9%	3.5%	369,650	-1.4%	$84.4M
AVGOBroadcom Inc	3.3%	3.6%	203,009	-0.8%	$71.3M
GOOGLAlphabet Inc	2.7%	3.2%	172,885	-11.2%	$59.5M
AMZNAmazon Com Inc	2.6%	1.7%	229,612	+47.7%	$57.2M
IVVIshares Tr	2.3%	2.3%	64,873	-1.0%	$49.7M
JPMJpmorgan Chase & Co	2.2%	2.3%	146,566	-2.7%	$48.5M
GOOGAlphabet Inc	1.9%	2.5%	121,425	-20.4%	$41.4M
METAMeta Platforms Inc	1.7%	1.0%	50,709	+29.1%	$36.8M
MRKMerck & Co Inc	1.5%	1.4%	227,463	-2.6%	$33.1M
CRWDCrowdstrike Hldgs Inc	1.5%	0.9%	120,413	+352.5%	$31.9M
COSTCostco Wholesale Corporation	1.4%	1.6%	34,390	-5.4%	$31.3M
GSGoldman Sachs Group Inc	1.4%	1.7%	33,384	-7.4%	$30.1M
IWFIshares Tr	1.1%	1.1%	198,346	-1.2%	$24.8M
CCitigroup Inc	1.1%	1.3%	184,927	-10.8%	$23.9M
TMOThermo Fisher Scientific Inc	1.0%	0.8%	33,691	-2.7%	$22.7M
VVisa Inc	0.8%	0.9%	51,349	-8.1%	$18.5M
RTXRtx Corporation	0.8%	0.9%	97,820	-0.5%	$18.2M
NEMNewmont Corp	0.8%	0.7%	154,072	-1.6%	$17.8M
CSCOCisco Sys Inc	0.8%	0.9%	156,201	-1.6%	$16.8M
JNJJohnson & Johnson	0.7%	0.7%	61,930	-1.0%	$16.4M
LOWLowes Cos Inc	0.6%	0.8%	76,783	-1.4%	$14.2M
COPConocophillips	0.6%	0.5%	112,657	+0.5%	$14.1M
BACBank of Amer Corp	0.6%	0.7%	257,502	-1.7%	$14.0M
IEFAIshares Tr	0.6%	0.6%	142,577	+0.1%	$13.8M
BRK-BBerkshire Hathaway Inc Del	0.6%	0.6%	26,517	-1.4%	$13.2M
VTIVanguard Index Fds	0.6%	0.6%	35,046	+0.2%	$13.1M
PWRQuanta Svcs Inc	0.6%	0.6%	19,120	+1.2%	$12.3M
MRVLMarvell Technology Inc	0.6%	0.9%	46,256	-32.9%	$12.2M
AMDAdvanced Micro Devices Inc	0.6%	0.4%	19,788	+18.4%	$12.1M
CARRCarrier Global Corporation	0.5%	0.7%	212,793	+0.2%	$11.7M
FDXFedex Corp	0.5%	0.6%	40,602	-0.5%	$11.6M
AXPAmerican Express Co	0.5%	0.4%	36,034	+25.3%	$11.0M
PGProcter & Gamble Co	0.5%	0.5%	75,135	-0.8%	$10.9M
QCOMQualcomm Inc	0.5%	0.5%	57,724	+1.4%	$10.6M
VLOValero Energy Corp	0.5%	—	27,005	—	$10.5M
XOMExxonmobil Holdings Corp	0.5%	—	63,781	—	$10.4M
GPCGenuine Parts Co	0.5%	0.4%	82,348	+0.1%	$10.4M
SPGIS&p Global Inc	0.5%	0.5%	25,816	+0.2%	$10.2M
ETNEaton Corp PLC	0.4%	—	22,814	—	$9.8M
LLYEli Lilly & Co	0.4%	0.6%	8,373	-23.4%	$9.7M
TTWOTake-Two Interactive Softwar	0.4%	0.5%	46,070	-2.0%	$9.6M
BABoeing Co	0.4%	0.5%	51,098	-0.4%	$9.5M
THCTenet Healthcare Corp	0.4%	—	35,540	—	$9.1M
WMTWalmart Inc	0.4%	0.5%	87,329	-1.3%	$9.1M
JLLJones Lang LaSalle Inc	0.4%	0.5%	28,243	-17.2%	$8.6M
MCKMckesson Corp	0.4%	—	10,058	—	$8.6M
UBERUber Technologies Inc	0.4%	0.5%	124,074	-13.7%	$8.5M

What Highland Capital Management, LLC bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

CRWD Crowdstrike Hldgs Inc+352.5% shares
AMZN Amazon Com Inc+47.7% shares
META Meta Platforms Inc+29.1% shares
AXP American Express Co+25.3% shares
AMD Advanced Micro Devices Inc+18.4% shares
MSFT Microsoft Corp+13.4% shares
AAPL Apple Inc+12.9% shares

Reduced

MRVL Marvell Technology Inc-32.9% shares
LLY Eli Lilly & Co-23.4% shares
GOOG Alphabet Inc-20.4% shares
JLL Jones Lang LaSalle Inc-17.2% shares
UBER Uber Technologies Inc-13.7% shares
GOOGL Alphabet Inc-11.2% shares
C Citigroup Inc-10.8% shares
V Visa Inc-8.1% shares

Left the top 50

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +30.5% /yr; S&P 500 +20.1%
3 years: +26.9% /yr; S&P 500 +20.4%
5 years: +16.1% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$2.2B	415
Q2 2026	$2.2B	411
Q1 2026	$1.9B	416
Q4 2025	$2.0B	407
Q3 2025	$2.0B	412
Q2 2025	$1.8B	403
Q1 2025	$1.7B	391
Q4 2024	$1.8B	375
Q3 2024	$1.8B	374
Q2 2024	$1.7B	345
Q1 2024	$1.7B	342
Q4 2023	$1.6B	331

Questions about Highland Capital Management, LLC's portfolio

What stocks does Highland Capital Management, LLC own?

Highland Capital Management, LLC's latest 13F, for Q3 2026 and filed Oct 26, 2026, lists 415 positions worth $2.2B. The largest are Microsoft Corp (MSFT) at 7.0%, Apple Inc (AAPL) at 6.5%, Micron Technology Inc (MU) at 5.5%, Nvidia Corporation (NVDA) at 3.9% and Broadcom Inc (AVGO) at 3.3%.

What did Highland Capital Management, LLC buy last quarter?

In Q3 2026, Highland Capital Management, LLC added Crowdstrike Hldgs Inc (CRWD) (+352.5% shares), Amazon Com Inc (AMZN) (+47.7% shares) and Meta Platforms Inc (META) (+29.1% shares), compared with its Q2 2026 filing.

What did Highland Capital Management, LLC sell last quarter?

In Q3 2026, Highland Capital Management, LLC cut from its top 50 Corning Inc (GLW), cut from its top 50 Ge Vernova Inc (GEV), cut from its top 50 Caterpillar Inc (CAT), cut from its top 50 Abbvie Inc (ABBV), cut from its top 50 Roku Inc (ROKU), Marvell Technology Inc (MRVL) (-32.9% shares), Eli Lilly & Co (LLY) (-23.4% shares) and Alphabet Inc (GOOG) (-20.4% shares), compared with its Q2 2026 filing.

How has Highland Capital Management, LLC's portfolio performed?

A portfolio copying Highland Capital Management, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +26.9% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +30.5% against +20.1%. Over 5 years: +16.1% a year against +11.6%.

When is Highland Capital Management, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Highland Capital Management, LLC's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Highland Capital Management, LLC manage?

Highland Capital Management, LLC reported $3.9B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $2.2B.