SEC 13F Intelligence

Managers / Q3 2019 · view latest →

HIGHLAND CAPITAL MANAGEMENT, LLC

CIK 0000860486 · 850 RIDGE LAKE BLVD, SUITE 205, MEMPHIS, TN, 38120 · 9017619500

Reported Value
$1.3B
Q3 2019
Positions
308
Filings on Record
30
2019–present window
Filed
Nov 20, 2019
original filing

Summary

Highland Capital Management, LLC reported $1.3B in U.S.-listed holdings across 308 positions for Q3 2019.

Its largest position, MSFT, represents 4.2% of the portfolio.

Compared with Q2 2019, the fund opened 32 new positions and exited 27.

Portfolio Metrics

Turnover
+10.7%
vs prior filed quarter
Top-10 Concentration
+23.2%
share of reported value
Largest Position
+4.2%
Microsoft
New / Exited
32 / 27
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $1.2BQ4 ’18Q1 ’19: $1.3BQ2 ’19: $1.3BQ3 ’19: $1.3BQ4 ’19: $1.4BQ4 ’19Q1 ’20: $1.1BQ2 ’20: $1.3BQ3 ’20: $1.4BQ4 ’20: $1.6BQ4 ’20Q1 ’21: $1.6BQ2 ’21: $1.7BQ3 ’21: $1.6BQ4 ’21: $1.8BQ4 ’21Q1 ’22: $1.7BQ2 ’22: $1.4BQ3 ’22: $1.3BQ2 ’23: $1.5BQ2 ’23Q3 ’23: $1.5BQ4 ’23: $1.6BQ1 ’24: $1.7BQ2 ’24: $1.7BQ2 ’24Q3 ’24: $1.8BQ4 ’24: $1.8BQ1 ’25: $1.7BQ2 ’25: $1.8BQ2 ’25Q3 ’25: $2.0BQ4 ’25: $2.0BQ1 ’26: $1.9Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 76.8%ETP: 14.5%Other: 3.6%ADR: 2.3%REIT: 2.0%Other: 0.9%
  • Common Stock · 76.8% · $1.0B
  • ETP · 14.5% · $195M
  • Other · 3.6% · $48M
  • ADR · 2.3% · $31M
  • REIT · 2.0% · $26M
  • Other · 0.9% · $13M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
KELKELLOGG CONEW+90.9K90.9K+$6M$6M
BMYBRISTOL-MYERS SQUIBB CONEW+104.6K104.6K+$5M$5M
HOSPITALITY PROPERTIES TRUSTNEW+160.4K160.4K+$4M$4M
CFGCITIZENS FINANCIAL GROUPNEW+91.0K91.0K+$3M$3M
KEYSKEYSIGHT TECHNOLOGIES INCNEW+32.3K32.3K+$3M$3M
AMATAPPLIED MATERIALS INCNEW+57.4K57.4K+$3M$3M
RRYDER SYSTEM INCORPORATED COMMNEW+46.3K46.3K+$2M$2M
OLNOLIN CORPNEW+127.3K127.3K+$2M$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2019

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM4.19%$56M405.8K
2MRKMERCK AND CO INChistory →COM3.18%$43M508.0K
3CORE S&P 500S&P500 ETF2.82%$38M127.3K
4JPMJ P MORGAN CHASE AND COhistory →COM2.58%$35M295.5K
5AAPLAPPLE INChistory →COM2.51%$34M151.0K
6GOOGLALPHABET INC CL Ahistory →CAP STK CL A · CAP STK CL C2.09%$28M23.1K
7iSHARES CORE MSCI EAFE ETFCORE MSCI EAFE2.00%$27M441.8K
8BABOEING COhistory →COM1.62%$22M57.3K
9CSCOCISCO SYSTEMS INChistory →COM1.52%$20M414.1K
10EXMOCEXXON MOBIL CORPhistory →COM1.43%$19M272.1K
11CHVCHEVRON CORPhistory →COM1.37%$18M155.7K
12CMCSACOMCAST CORP CL Ahistory →CL A1.34%$18M400.6K
13PGPROCTER AND GAMBLE COhistory →COM1.31%$18M141.5K
14BACBANK OF AMERICA CORPhistory →COM1.28%$17M589.4K
15PEPPEPSICO INChistory →COM1.27%$17M124.3K
16BACVERIZON COMMUNICATIONShistory →COM1.27%$17M282.3K
17VVISA INC CL Ahistory →CL A1.26%$17M98.5K
18BRK/BBERKSHIRE HATHAWAY INChistory →CL B1.21%$16M78.5K
19AMZNAMAZON.COM INChistory →COM1.20%$16M9.3K
20DISWALT DISNEY COhistory →COM DISNEY1.18%$16M121.5K
21TRVCCITIGROUP INChistory →COM1.06%$14M206.1K
22TAT&T INChistory →COM1.05%$14M374.8K
23DALDELTA AIR LINES INC DELhistory →COM0.95%$13M221.6K
24COSTCOSTCO WHOLESALE CORPhistory →COM0.94%$13M43.8K
25TMOTHERMO FISHER SCIENTIFIC INChistory →COM0.93%$13M43.1K
26HDHOME DEPOT INChistory →COM0.89%$12M51.6K
27METAFACEBOOK INC CL Ahistory →CL A0.88%$12M66.9K
28INTCINTEL CORPhistory →COM0.81%$11M211.6K
29GSGOLDMAN SACHS GROUP INChistory →COM0.80%$11M52.0K
30USBUS BANCORP DEL COM NEWhistory →COM0.76%$10M185.8K
31WFCWELLS FARGO AND CO NEWhistory →COM0.76%$10M203.1K
32RUSSELL 1000 GROWTH INDEXRUS 1000 GRW ETF0.76%$10M64.0K
33UTXZUNITED TECHNOLOGIES CORPCOM0.74%$10M73.2K
34LOWLOWES COS INCCOM0.74%$10M90.3K
35ELESTEE LAUDER COS INC CL ACL A0.72%$10M48.8K
36CVSCVS HEALTH CORPCOM0.72%$10M152.8K
37VANGUARD SMALL CAP VALUESM CP VAL ETF0.70%$9M73.3K
38VANGUARD US TOTAL EQUITY MARKETOTAL STK MKT0.70%$9M62.1K
39LMTLOCKHEED MARTIN CORPCOM0.69%$9M23.9K
40COPCONOCOPHILLIPSCOM0.68%$9M161.8K
41AEPAMERICAN ELECTRIC POWER INCCOM0.68%$9M97.3K
42JNJJOHNSON AND JOHNSON COCOM0.66%$9M68.6K
43CICIGNA CORPCOM0.64%$9M56.9K
44PFEPFIZER INCCOM0.63%$9M237.0K
45MDLZMONDELEZ INTERNATIONAL INCCL A0.61%$8M149.6K
46VANGUARD MID CAP GROWTH INDEXMCAP GR IDXVIP0.61%$8M55.8K
47FDXFEDEX CORPORATIONCOM0.60%$8M55.5K
48VANGUARD MID CAP VALUE INDEX FMCAP VL IDXVIP0.60%$8M71.0K
49AVGOBROADCOM LTDCOM0.57%$8M27.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.9B418Apr 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$2.0B409Feb 2, 202613F-HRchanges · EDGAR ↗
Q3 2025$2.0B414Oct 16, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.8B405Jul 22, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.7B393Apr 24, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.8B377Jan 23, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.8B376Oct 23, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.7B347Jul 25, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.7B344May 7, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.6B333Jan 17, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.5B332Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.5B326Aug 9, 202313F-HRchanges · EDGAR ↗
Q1 2023under review273May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022under review353Feb 7, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.3B329Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.4B329Jul 14, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.7B335Apr 19, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.8B344Jan 28, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.6B341Oct 25, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.7B335Jul 30, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.6B343Apr 27, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.6B342Jan 21, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.4B319Oct 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.3B312Jul 22, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.1B303May 5, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.4B315Feb 5, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.3B308Nov 20, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.3B306Jul 29, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.3B316Apr 18, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.2B313Jan 16, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.