Who owns HLI (HLI)
Which tracked institutional funds hold HLI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See HLI company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on HLI is one-sided between 2025-Q4 and 2026-Q1: 70 added or opened and 231 trimmed or exited — on balance reducing.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
HLI’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes HLI more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in HLI divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 542 tracked filers holding HLI, 263 increased or opened the position and 318 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in HLI between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 27
- VANGUARD PORTFOLIO MANAGEMENT LLC$399M
- VANGUARD CAPITAL MANAGEMENT LLC$347M
- VANGUARD FIDUCIARY TRUST CO$49M
- VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P.$36M
- Assenagon Asset Management S.A.$17M
- BALYASNY ASSET MANAGEMENT L.P.$17M
Full exits 31
- VANGUARD GROUP INC$901M
- Wealth High Governance Capital Ltda$11M
- Robinhood Asset Management, LLC$7M
- FineMark National Bank & Trust$6M
- THOMAS STORY & SON LLC$6M
- Dorsey Wright & Associates$5M
Largest adds
- MORGAN STANLEY$133M
- CITADEL ADVISORS LLC$58M
- JONES FINANCIAL COMPANIES LLLP$40M
- Champlain Investment Partners, LLC$23M
- Capital Research Global Investors$21M
- BNP PARIBAS FINANCIAL MARKETS$20M
Largest trims
- BlackRock, Inc.$222M
- Pacer Advisors, Inc.$170M
- KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC$104M
- FMR LLC$81M
- EARNEST PARTNERS LLC$79M
- Thrivent Financial for Lutherans$73M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 4,814,007 | $691M | 8.3% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 2,778,410 | $399M | 4.8% | 2026-Q1 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC trimmed | 2,642,146 | $379M | 4.5% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 2,419,332 | $347M | 4.2% | 2026-Q1 |
| EARNEST PARTNERS LLC trimmed | 2,228,984 | $320M | 3.8% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 1,751,495 | $252M | 3.0% | 2026-Q1 |
| STATE STREET CORP trimmed | 1,693,696 | $243M | 2.9% | 2026-Q1 |
| MORGAN STANLEY added | 1,592,009 | $229M | 2.7% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP added | 1,361,410 | $196M | 2.3% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 1,351,209 | $194M | 2.3% | 2026-Q1 |
| Capital Research Global Investors added | 1,314,674 | $189M | 2.3% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ trimmed | 1,149,599 | $165M | 2.0% | 2026-Q1 |
| BAMCO INC /NY/ trimmed | 1,061,403 | $152M | 1.8% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 950,872 | $137M | 1.6% | 2026-Q1 |
| FIDUCIARY MANAGEMENT INC /WI/ added | 803,572 | $115M | 1.4% | 2026-Q1 |
| FMR LLC trimmed | 798,588 | $115M | 1.4% | 2026-Q1 |
| NORGES BANK added | 673,964 | $109M | 1.3% | 2026-Q1 |
| Champlain Investment Partners, LLC added | 717,724 | $103M | 1.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 701,587 | $99M | 1.2% | 2026-Q1 |
| SEI INVESTMENTS CO added | 689,532 | $99M | 1.2% | 2026-Q1 |
| Clearbridge Investments, LLC added | 625,228 | $90M | 1.1% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 623,716 | $90M | 1.1% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 616,519 | $89M | 1.1% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC trimmed | 610,943 | $88M | 1.1% | 2026-Q1 |
| WESTFIELD CAPITAL MANAGEMENT CO LP added | 543,611 | $78M | 0.9% | 2026-Q1 |
| NORTHERN TRUST CORP added | 526,682 | $76M | 0.9% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 488,152 | $70M | 0.8% | 2026-Q1 |
| JENNISON ASSOCIATES LLC trimmed | 468,557 | $67M | 0.8% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 452,611 | $65M | 0.8% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 420,646 | $60M | 0.7% | 2026-Q1 |
| Invesco Ltd. trimmed | 414,987 | $60M | 0.7% | 2026-Q1 |
| Van Berkom & Associates Inc. added | 405,978 | $58M | 0.7% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 398,727 | $57M | 0.7% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed | 379,183 | $54M | 0.7% | 2026-Q1 |
| Fiera Capital Corp added | 361,609 | $52M | 0.6% | 2026-Q1 |
| UBS Group AG added | 359,105 | $52M | 0.6% | 2026-Q1 |
| GW&K Investment Management, LLC trimmed | 354,095 | $51M | 0.6% | 2026-Q1 |
| Thrivent Financial for Lutherans trimmed | 349,756 | $50M | 0.6% | 2026-Q1 |
| NATIXIS ADVISORS, LLC added | 347,746 | $50M | 0.6% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 346,367 | $50M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 340,393 | $49M | 0.6% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 329,441 | $47M | 0.6% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 297,478 | $41M | 0.5% | 2026-Q1 |
| Caisse de depot et placement du Quebec added | 272,060 | $39M | 0.5% | 2026-Q1 |
| Handelsbanken Fonder AB trimmed | 260,558 | $37M | 0.4% | 2026-Q1 |
| WOODLEY FARRA MANION PORTFOLIO MANAGEMENT INC added | 257,692 | $37M | 0.4% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 255,164 | $37M | 0.4% | 2026-Q1 |
| SCHRODER INVESTMENT MANAGEMENT GROUP added | 258,230 | $36M | 0.4% | 2026-Q1 |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. new | 248,770 | $36M | 0.4% | 2026-Q1 |
| EVENTIDE ASSET MANAGEMENT, LLC added | 236,136 | $34M | 0.4% | 2026-Q1 |
| CONGRESS ASSET MANAGEMENT CO trimmed | 232,980 | $33M | 0.4% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL added | 232,715 | $33M | 0.4% | 2026-Q1 |
| BARLOW WEALTH PARTNERS, LLC added | 205,159 | $33M | 0.4% | 2026-Q1 |
| Ancora Advisors LLC trimmed | 223,357 | $32M | 0.4% | 2026-Q1 |
| ARGENT CAPITAL MANAGEMENT LLC trimmed | 202,422 | $29M | 0.3% | 2026-Q1 |
| FRANKLIN RESOURCES INC trimmed | 194,975 | $28M | 0.3% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 193,014 | $28M | 0.3% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 174,863 | $25M | 0.3% | 2026-Q1 |
| FLPUTNAM INVESTMENT MANAGEMENT CO added | 173,532 | $25M | 0.3% | 2026-Q1 |
| Interval Partners, LP added | 170,008 | $24M | 0.3% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 156,922 | $23M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 156,848 | $23M | 0.3% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 158,464 | $22M | 0.3% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 151,949 | $22M | 0.3% | 2026-Q1 |
| RENAISSANCE GROUP LLC trimmed | 151,275 | $22M | 0.3% | 2026-Q1 |
| T. Rowe Price Investment Management, Inc. trimmed | 140,050 | $20M | 0.2% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 138,517 | $20M | 0.2% | 2026-Q1 |
| Fenimore Asset Management Inc added | 138,466 | $20M | 0.2% | 2026-Q1 |
| Grantham, Mayo, Van Otterloo & Co. LLC added | 137,244 | $20M | 0.2% | 2026-Q1 |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO trimmed | 124,451 | $18M | 0.2% | 2026-Q1 |
| BROWN ADVISORY INC trimmed | 122,163 | $18M | 0.2% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 121,733 | $17M | 0.2% | 2026-Q1 |
| SEGALL BRYANT & HAMILL, LLC added | 120,258 | $17M | 0.2% | 2026-Q1 |
| GHP Investment Advisors, Inc. trimmed | 118,797 | $17M | 0.2% | 2026-Q1 |
| Assenagon Asset Management S.A. trimmed | 117,605 | $17M | 0.2% | 2026-Q1 |
| Nuveen, LLC trimmed | 117,197 | $17M | 0.2% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 116,331 | $17M | 0.2% | 2026-Q1 |
| Amundi added | 113,465 | $16M | 0.2% | 2026-Q1 |
| Capital International Investors trimmed | 112,959 | $16M | 0.2% | 2026-Q1 |
| Swiss National Bank added | 107,836 | $15M | 0.2% | 2026-Q1 |
| California Public Employees Retirement System added | 107,374 | $15M | 0.2% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 106,282 | $15M | 0.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 105,177 | $15M | 0.2% | 2026-Q1 |
| BARCLAYS PLC trimmed | 99,916 | $14M | 0.2% | 2026-Q1 |
| Montanaro Asset Management Ltd added | 98,250 | $14M | 0.2% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 90,625 | $13M | 0.2% | 2026-Q1 |
| Jain Global LLC added | 90,583 | $13M | 0.2% | 2026-Q1 |
| ALPS ADVISORS INC trimmed | 89,324 | $13M | 0.2% | 2026-Q1 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. added | 89,099 | $13M | 0.2% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 69,828 | $12M | 0.1% | 2026-Q1 |
| CITIGROUP INC trimmed | 84,324 | $12M | 0.1% | 2026-Q1 |
| ArrowMark Colorado Holdings LLC trimmed | 84,086 | $12M | 0.1% | 2026-Q1 |
| ExodusPoint Capital Management, LP added | 82,574 | $12M | 0.1% | 2026-Q1 |
| LPL Financial LLC trimmed | 81,026 | $12M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 5,173,360 | $901M | 10.8% | 2025-Q4 stale |
| Burgundy Asset Management Ltd. trimmed | 1,219,617 | $243M | 2.9% | 2025-Q3 stale |
| MACQUARIE GROUP LTD added | 312,267 | $64M | 0.8% | 2025-Q3 stale |
| AXA Investment Managers S.A. new | 84,663 | $17M | 0.2% | 2025-Q3 stale |
| Azora Capital LP added | 87,007 | $16M | 0.2% | 2025-Q2 stale |
| Prana Capital Management, LP added | 61,549 | $13M | 0.2% | 2025-Q3 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.