Dark Forest Capital Management’s Houlihan Lokey HLI Stock Holding History

Dark Forest Capital Management’s Portfolio HLI Stock Details HLI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$5.49M	Buy	+40,895	New	+$6.03M	0.35%	42
2025 Q4	–	Sell	-19,258	Closed	-$3.95M	–	1136
2025 Q3	$3.95M	Sell	19,258 -4,787	-20%	-$939K	0.15%	196
2025 Q2	$4.33M	Buy	24,045 +7,659	+47%	+$1.29M	0.17%	145
2025 Q1	$2.65M	Buy	16,386 +14,511	+774%	+$2.49M	0.12%	281
2024 Q4	$326K	Buy	+1,875	New	+$330K	0.05%	625
2023 Q4	–	Sell	-5,032	Closed	-$539K	–	750
2023 Q3	$539K	Sell	5,032 -3,184	-39%	-$328K	0.04%	678
2023 Q2	$808K	Buy	+8,216	New	+$743K	0.07%	392
2022 Q2	–	Sell	-96	Closed	-$8K	–	1084
2022 Q1	$8K	Sell	96 -207	-68%	-$21.3K	﹤0.01%	1032
2021 Q4	$31K	Buy	303 +21	+7%	+$2.24K	0.01%	547
2021 Q3	$26K	Buy	+282	New	+$24.7K	0.01%	737

Other funds holding HLI

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

Kayne Anderson Rudnick Investment Management Los Angeles, California $32.2B AUM 10.98% 1-Year Est. Return

EARNEST Partners Atlanta, Georgia $27.7B AUM 52.44% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $304B AUM 35.64% 1-Year Est. Return

Dark Forest Capital Management's HLI Position: Q2 2026 in Review

Dark Forest Capital Management opened a new position in Houlihan Lokey (HLI) in Q2 2026: 40,895 shares worth $5.49M. The stake represents 0.35% of the portfolio and ranks #42 among its holdings. This is a return to the name: Dark Forest Capital Management previously reported a position in HLI as recently as Q3 2025.

Dark Forest Capital Management first reported a position in HLI in Q3 2021 and has held it in 10 quarters since. 518 funds tracked by Wall St. Rank hold HLI as of Q2 2026.

Dark Forest Capital Management held 40,895 shares of Houlihan Lokey worth $5.49M as of Q2 2026.
Houlihan Lokey was a new Dark Forest Capital Management position in Q2 2026.
Houlihan Lokey made up 0.35% of Dark Forest Capital Management's portfolio in Q2 2026, its #42 holding.
Dark Forest Capital Management first reported a position in Houlihan Lokey in Q3 2021 and has held it in 10 quarters since.
518 funds tracked by Wall St. Rank held Houlihan Lokey as of Q2 2026.

Based on Dark Forest Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.