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Heritage Global


About: Heritage Global Inc values and monetizes industrial and financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. It aids in facilitating the economy by diverting useful industrial assets from landfills and operating a supply chain by overseeing the post-sale account activity of financial assets. The group operates in four segments namely Auction and Liquidation; Refurbishment and Resale; Brokerage and Specialty Lending. It generates maximum revenue from the Auction and Liquidation segment. The Auction and Liquidation segment, through HGP, operates as a global full-service auction, appraisal, and asset advisory firm, including the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment.

Employees: 82

Funds holding %
of 6,474 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)

50% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 14

0.61% more ownership

Funds ownership: 26.33% [Q3] → 26.94% (+0.61%) [Q4]

9% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 11

2% less funds holding

Funds holding: 55 [Q3] → 54 (-1) [Q4]

9% less capital invested

Capital invested by funds: $30.6M [Q3] → $27.9M (-$2.75M) [Q4]

Research analyst outlook

We haven’t received any recent analyst ratings for HGBL.

Financial journalist opinion