# HIGHLAND CAPITAL MANAGEMENT, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 860486. Source: https://holderbook.com/funds/860486-highland-capital-management-llc/

- Reported value: $2.2B
- Positions: 411
- Weight of the ten largest: 34.3%
- Filed: 2026-07-21

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $126.7M | 109,725 | 5.8% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $109.0M | 376,682 | 5.0% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $98.8M | 264,734 | 4.5% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $77.3M | 204,730 | 3.6% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $75.0M | 374,948 | 3.5% | 29 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $69.5M | 194,584 | 3.2% | 14 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $53.9M | 152,497 | 2.5% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $49.3M | 150,626 | 2.3% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $49.1M | 65,538 | 2.3% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $37.0M | 155,429 | 1.7% | 31 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $36.5M | 36,043 | 1.7% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $34.0M | 36,339 | 1.6% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $30.0M | 233,452 | 1.4% | 31 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $29.0M | 207,294 | 1.3% | 31 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $24.9M | 200,825 | 1.1% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $22.1M | 39,284 | 1.0% | 31 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $20.5M | 68,916 | 0.9% | 19 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $20.3M | 26,610 | 0.9% | 22 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $19.8M | 77,383 | 0.9% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $19.2M | 55,848 | 0.9% | 31 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $18.7M | 98,320 | 0.9% | 25 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $18.7M | 158,789 | 0.9% | 31 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $17.4M | 34,630 | 0.8% | 31 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $17.2M | 77,887 | 0.8% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $15.9M | 62,572 | 0.7% | 31 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $15.6M | 212,424 | 0.7% | 25 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $15.1M | 12,836 | 0.7% | 9 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $14.9M | 261,950 | 0.7% | 31 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $14.6M | 156,607 | 0.7% | 8 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $14.5M | 13,588 | 0.7% | 22 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $13.8M | 142,389 | 0.6% | 31 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $13.6M | 18,900 | 0.6% | 6 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $13.5M | 26,899 | 0.6% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $13.1M | 10,931 | 0.6% | 27 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $12.9M | 34,959 | 0.6% | 31 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $12.8M | 40,826 | 0.6% | 31 |
| TAKE-TWO INTERACTIVE SOFTWAR | [TTWO](https://holderbook.com/stocks/TTWO/) | $11.8M | 47,030 | 0.5% | 13 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $11.7M | 112,074 | 0.5% | 31 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $11.1M | 51,296 | 0.5% | 24 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $11.1M | 75,704 | 0.5% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $11.0M | 43,576 | 0.5% | 27 |
| JONES LANG LASALLE INC | [JLL](https://holderbook.com/stocks/JLL/) | $10.6M | 34,093 | 0.5% | 13 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $10.5M | 56,944 | 0.5% | 31 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $10.5M | 25,752 | 0.5% | 31 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $10.4M | 143,688 | 0.5% | 20 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $10.0M | 88,443 | 0.5% | 31 |
| ROKU INC | [ROKU](https://holderbook.com/stocks/ROKU/) | $9.9M | 71,676 | 0.5% | 6 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $9.7M | 28,762 | 0.4% | 31 |
| GENUINE PARTS CO | [GPC](https://holderbook.com/stocks/GPC/) | $9.7M | 82,279 | 0.4% | 8 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $9.7M | 16,708 | 0.4% | 5 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $9.5M | 25,407 | 0.4% | 20 |
| FIRST HORIZON CORPORATION | [FHN](https://holderbook.com/stocks/FHN/) | $9.5M | 369,514 | 0.4% | 13 |
| DELTA AIR LINES INC | [DAL](https://holderbook.com/stocks/DAL/) | $8.9M | 95,359 | 0.4% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $8.8M | 64,109 | 0.4% | 31 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $8.7M | 20,519 | 0.4% | 31 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $8.6M | 38,789 | 0.4% | 4 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $8.6M | 19,763 | 0.4% | 5 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $8.5M | 20,189 | 0.4% | 26 |
| TOLL BROTHERS INC | [TOL](https://holderbook.com/stocks/TOL/) | $8.0M | 48,830 | 0.4% | 10 |
| SYNCHRONY FINANCIAL | [SYF](https://holderbook.com/stocks/SYF/) | $8.0M | 105,688 | 0.4% | 31 |
| TIMKEN CO | [TKR](https://holderbook.com/stocks/TKR/) | $8.0M | 54,820 | 0.4% | 13 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $7.9M | 10,946 | 0.4% | 13 |
| VANGUARD INDEX FDS | [VOT](https://holderbook.com/stocks/VOT/) | $7.4M | 24,261 | 0.3% | 31 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $7.3M | 20,030 | 0.3% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $7.3M | 17,582 | 0.3% | 31 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $7.2M | 53,505 | 0.3% | 31 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $7.2M | 10,064 | 0.3% | 26 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $7.1M | 33,940 | 0.3% | 20 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $7.0M | 17,005 | 0.3% | 31 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $6.9M | 50,393 | 0.3% | 31 |
| TENET HEALTHCARE CORP | [THC](https://holderbook.com/stocks/THC/) | $6.7M | 35,890 | 0.3% | 1 |
| PERFORMANCE FOOD GROUP CO | [PFGC](https://holderbook.com/stocks/PFGC/) | $6.7M | 59,700 | 0.3% | 8 |
| AMERICAN WTR WKS CO INC NEW | [AWK](https://holderbook.com/stocks/AWK/) | $6.7M | 50,667 | 0.3% | 2 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $6.6M | 25,381 | 0.3% | 12 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $6.5M | 41,785 | 0.3% | 31 |
| ACUITY INC | [AYI](https://holderbook.com/stocks/AYI/) | $6.4M | 17,080 | 0.3% | 1 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $6.4M | 38,385 | 0.3% | 31 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $6.3M | 17,098 | 0.3% | 10 |
| EAGLE MATLS INC | [EXP](https://holderbook.com/stocks/EXP/) | $6.1M | 27,290 | 0.3% | 17 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $6.1M | 25,051 | 0.3% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $6.0M | 12,539 | 0.3% | 25 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $5.9M | 82,532 | 0.3% | 31 |
| ELANCO ANIMAL HEALTH INC | [ELAN](https://holderbook.com/stocks/ELAN/) | $5.9M | 238,231 | 0.3% | 1 |
| ULTA BEAUTY INC | [ULTA](https://holderbook.com/stocks/ULTA/) | $5.9M | 12,984 | 0.3% | 25 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $5.9M | 57,288 | 0.3% | 31 |
| COLUMBIA BKG SYS INC | [COLB](https://holderbook.com/stocks/COLB/) | $5.7M | 178,705 | 0.3% | 4 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $5.6M | 18,625 | 0.3% | 3 |
| AKAMAI TECHNOLOGIES INC | [AKAM](https://holderbook.com/stocks/AKAM/) | $5.4M | 45,935 | 0.2% | 2 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $5.4M | 17,009 | 0.2% | 31 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $5.3M | 22,021 | 0.2% | 31 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $5.3M | 20,368 | 0.2% | 4 |
| TKO GROUP HOLDINGS INC | [TKO](https://holderbook.com/stocks/TKO/) | $5.3M | 26,270 | 0.2% | 6 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $5.3M | 41,647 | 0.2% | 31 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $5.2M | 6,902 | 0.2% | 9 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $5.2M | 71,893 | 0.2% | 13 |
| INGREDION INC | [INGR](https://holderbook.com/stocks/INGR/) | $5.2M | 54,490 | 0.2% | 1 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $5.1M | 57,837 | 0.2% | 12 |
| ASTERA LABS INC | [ALAB](https://holderbook.com/stocks/ALAB/) | $5.1M | 10,475 | 0.2% | 8 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $5.0M | 18,241 | 0.2% | 31 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $5.0M | 20,780 | 0.2% | 21 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +18.6% | +14.8% | +3.7% | 100% |
| Q1 2026 | -3.1% | -4.6% | +1.5% | 100% |
| Q4 2025 | +3.2% | +2.4% | +0.9% | 100% |
| Q3 2025 | +8.4% | +7.8% | +0.6% | 100% |
| Q2 2025 | +12.1% | +10.5% | +1.6% | 100% |
| Q1 2025 | -5.0% | -4.6% | -0.4% | 100% |
| Q4 2024 | +1.2% | +2.1% | -0.9% | 100% |
| Q3 2024 | +4.6% | +5.4% | -0.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| 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 |
| Q3 2023 | $1.5B | 330 |