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Institutional Ownership · SEC Form 13F

Who owns Horace Mann Educators Corporation (HMN)


Which tracked institutional funds hold HMN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See HMN company fundamentals →

Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

252
Institutional holders
40M
Shares held (tracked funds)

How the tape is positioned

31 tracked funds added or opened HMN while 74 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

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

HMN’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 HMN more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in HMN 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 252 tracked filers holding HMN, 115 increased or opened the position and 135 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.

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 HMN 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 13

  • VANGUARD PORTFOLIO MANAGEMENT LLC$121M
  • VANGUARD CAPITAL MANAGEMENT LLC$78M
  • VANGUARD FIDUCIARY TRUST CO$11M
  • Emerald Investment Advisers, LLC$3M
  • Man Group plc$2M
  • D. E. Shaw & Co., Inc.$2M

Full exits 16

  • VANGUARD GROUP INC$213M
  • Brandywine Global Investment Management, LLC$3M
  • F/m Investments LLC$3M
  • MERITAGE PORTFOLIO MANAGEMENT$3M
  • AlphaQuest LLC$2M
  • Integrated Quantitative Investments LLC$2M

Largest adds

  • TWO SIGMA INVESTMENTS, LP$15M
  • CITADEL ADVISORS LLC$6M
  • Edgestream Partners, L.P.$6M
  • ALLIANCEBERNSTEIN L.P.$5M
  • EXCHANGE TRADED CONCEPTS, LLC$3M
  • RAYMOND JAMES FINANCIAL INC$2M

Largest trims

  • BlackRock, Inc.$86M
  • FRANKLIN RESOURCES INC$14M
  • FULLER & THALER ASSET MANAGEMENT, INC.$10M
  • PRICE T ROWE ASSOCIATES INC /MD/$8M
  • DIMENSIONAL FUND ADVISORS LP$7M
  • BROWN ADVISORY INC$6M

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).

FundSharesReported value% of valueQuarter
BlackRock, Inc. trimmed4,327,145$185M9.6%2026-Q1
FRANKLIN RESOURCES INC trimmed2,999,476$128M6.6%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new2,841,684$121M6.3%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ added2,563,874$109M5.7%2026-Q1
DIMENSIONAL FUND ADVISORS LP added2,184,648$93M4.8%2026-Q1
FULLER & THALER ASSET MANAGEMENT, INC. trimmed1,985,506$85M4.4%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new1,824,704$78M4.0%2026-Q1
STATE STREET CORP added1,728,738$74M3.8%2026-Q1
EARNEST PARTNERS LLC trimmed1,126,831$48M2.5%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added1,057,226$45M2.3%2026-Q1
AMERICAN CENTURY COMPANIES INC added976,233$42M2.2%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP830,771$35M1.8%2026-Q1
BROWN ADVISORY INC trimmed806,855$34M1.8%2026-Q1
ALLIANCEBERNSTEIN L.P. added731,432$34M1.8%2026-Q1
AMERIPRISE FINANCIAL INC trimmed657,014$28M1.5%2026-Q1
GW&K Investment Management, LLC trimmed626,312$27M1.4%2026-Q1
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added539,257$23M1.2%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added527,085$22M1.2%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed503,529$21M1.1%2026-Q1
Bragg Financial Advisors, Inc added455,376$19M1.0%2026-Q1
MORGAN STANLEY trimmed442,721$19M1.0%2026-Q1
Invesco Ltd. trimmed442,155$19M1.0%2026-Q1
NORTHERN TRUST CORP added433,505$19M1.0%2026-Q1
TWO SIGMA INVESTMENTS, LP added427,258$18M0.9%2026-Q1
Bank of New York Mellon Corp trimmed386,530$16M0.9%2026-Q1
Qube Research & Technologies Ltd added366,402$16M0.8%2026-Q1
BRIDGEWAY CAPITAL MANAGEMENT, LLC trimmed336,776$14M0.7%2026-Q1
PALISADE CAPITAL MANAGEMENT, LP trimmed296,035$13M0.7%2026-Q1
FMR LLC added269,508$12M0.6%2026-Q1
VANGUARD FIDUCIARY TRUST CO new263,537$11M0.6%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added257,744$11M0.6%2026-Q1
GOLDMAN SACHS GROUP INC trimmed220,368$9M0.5%2026-Q1
AQR CAPITAL MANAGEMENT LLC added208,141$9M0.5%2026-Q1
HENNESSY ADVISORS INC trimmed203,000$9M0.4%2026-Q1
Empowered Funds, LLC added194,776$8M0.4%2026-Q1
CITADEL ADVISORS LLC added191,864$8M0.4%2026-Q1
Trexquant Investment LP added168,108$7M0.4%2026-Q1
UBS Group AG added166,357$7M0.4%2026-Q1
Edgestream Partners, L.P. added163,101$7M0.4%2026-Q1
ICON ADVISERS INC/CO152,037$6M0.3%2026-Q1
ProShare Advisors LLC added149,165$6M0.3%2026-Q1
Public Sector Pension Investment Board added145,584$6M0.3%2026-Q1
RHUMBLINE ADVISERS added129,713$6M0.3%2026-Q1
NEW YORK STATE COMMON RETIREMENT FUND121,305$5M0.3%2026-Q1
ENVESTNET ASSET MANAGEMENT INC trimmed117,529$5M0.3%2026-Q1
WELLS FARGO & COMPANY/MN trimmed117,034$5M0.3%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added94,819$4M0.2%2026-Q1
TEACHER RETIREMENT SYSTEM OF TEXAS trimmed93,900$4M0.2%2026-Q1
Nuveen, LLC added92,316$4M0.2%2026-Q1
Legal & General Group Plc trimmed92,216$4M0.2%2026-Q1
LAZARD ASSET MANAGEMENT LLC trimmed90,198$4M0.2%2026-Q1
RAYMOND JAMES FINANCIAL INC added86,375$4M0.2%2026-Q1
EXCHANGE TRADED CONCEPTS, LLC added83,662$4M0.2%2026-Q1
FIRST TRUST ADVISORS LP added83,014$4M0.2%2026-Q1
Swiss National Bank80,300$3M0.2%2026-Q1
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main79,608$3M0.2%2026-Q1
Russell Investments Group, Ltd. added77,628$3M0.2%2026-Q1
SEI INVESTMENTS CO added77,532$3M0.2%2026-Q1
JACOBS LEVY EQUITY MANAGEMENT, INC added73,735$3M0.2%2026-Q1
Quantinno Capital Management LP added73,627$3M0.2%2026-Q1
BESSEMER GROUP INC added71,626$3M0.2%2026-Q1
JPMORGAN CHASE & CO trimmed69,831$3M0.2%2026-Q1
JANE STREET GROUP, LLC added69,749$3M0.2%2026-Q1
Emerald Investment Advisers, LLC new64,679$3M0.1%2026-Q1
NEW YORK STATE TEACHERS RETIREMENT SYSTEM trimmed64,021$3M0.1%2026-Q1
Connor, Clark & Lunn Investment Management Ltd. trimmed60,771$3M0.1%2026-Q1
Hillsdale Investment Management Inc. trimmed57,600$2M0.1%2026-Q1
Hodges Capital Management Inc. trimmed54,910$2M0.1%2026-Q1
MILLENNIUM MANAGEMENT LLC trimmed53,860$2M0.1%2026-Q1
Man Group plc added53,027$2M0.1%2026-Q1
CAPTRUST FINANCIAL ADVISORS added52,940$2M0.1%2026-Q1
State of New Jersey Common Pension Fund D added52,301$2M0.1%2026-Q1
HANTZ FINANCIAL SERVICES, INC. trimmed51,712$2M0.1%2026-Q1
MARTINGALE ASSET MANAGEMENT L P added51,139$2M0.1%2026-Q1
D. E. Shaw & Co., Inc. added48,640$2M0.1%2026-Q1
Corient Private Wealth LLC new45,465$2M0.1%2026-Q1
HRT FINANCIAL LP trimmed44,493$2M0.1%2026-Q1
INTECH INVESTMENT MANAGEMENT LLC added43,686$2M0.1%2026-Q1
PRUDENTIAL FINANCIAL INC trimmed41,685$2M0.1%2026-Q1
ROYAL BANK OF CANADA added39,484$2M0.1%2026-Q1
Point72 Asset Management, L.P. trimmed38,407$2M0.1%2026-Q1
DEUTSCHE BANK AG\ added38,069$2M0.1%2026-Q1
Mitsubishi UFJ Asset Management (UK) Ltd.38,000$2M0.1%2026-Q1
BALYASNY ASSET MANAGEMENT L.P. added37,674$2M0.1%2026-Q1
VOYA INVESTMENT MANAGEMENT LLC trimmed37,626$2M0.1%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new37,341$2M0.1%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed37,328$2M0.1%2026-Q1
VANGUARD GROUP INC trimmed4,613,796$213M11.1%2025-Q4 stale
DEPRINCE RACE & ZOLLO INC trimmed922,880$39M2.0%2025-Q1 stale
CRAMER ROSENTHAL MCGLYNN LLC trimmed248,489$11M0.6%2025-Q2 stale
Allspring Global Investments Holdings, LLC trimmed138,264$6M0.3%2025-Q1 stale
MARSHALL WACE, LLP added133,795$6M0.3%2025-Q2 stale
NFJ INVESTMENT GROUP, LLC81,232$3M0.2%2025-Q1 stale
Brandywine Global Investment Management, LLC trimmed71,180$3M0.2%2025-Q4 stale
F/m Investments LLC trimmed64,834$3M0.2%2025-Q4 stale
MERITAGE PORTFOLIO MANAGEMENT trimmed59,364$3M0.1%2025-Q4 stale
AlphaQuest LLC added50,247$2M0.1%2025-Q4 stale
Integrated Quantitative Investments LLC added41,618$2M0.1%2025-Q4 stale
Lighthouse Investment Partners, LLC trimmed39,258$2M0.1%2025-Q4 stale
COMERICA BANK added33,497$2M0.1%2025-Q4 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.

HoldersTotal shares

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.

Learn how to read institutional ownership