Norges Bank’s Horace Mann Educators HMN Stock Holding History

Norges Bank’s Portfolio HMN Stock Details HMN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-12,000	Closed	-$516K	–	701
2025 Q2	$516K	Hold	12,000	–	–	﹤0.01%	1626
2025 Q1	$513K	Sell	12,000 -95,300	-89%	-$3.83M	﹤0.01%	1691
2024 Q4	$4.21M	Buy	107,300 +16,900	+19%	+$660K	﹤0.01%	1542
2024 Q3	$3.16M	Sell	90,400 -61,200	-40%	-$2.09M	﹤0.01%	1598
2024 Q2	$4.95M	Buy	151,600 +54,900	+57%	+$1.92M	﹤0.01%	1565
2024 Q1	$3.58M	Buy	96,700 +84,700	+706%	+$3M	﹤0.01%	1676
2023 Q4	$392K	Hold	12,000	–	–	﹤0.01%	1908
2023 Q3	$353K	Hold	12,000	–	–	﹤0.01%	1933
2023 Q2	$356K	Hold	12,000	–	–	﹤0.01%	1977
2023 Q1	$402K	Sell	12,000 -28,000	-70%	-$1M	﹤0.01%	2058
2022 Q4	$1.49M	Buy	40,000 +28,000	+233%	+$1.06M	﹤0.01%	2006
2022 Q3	$423K	Hold	12,000	–	–	﹤0.01%	2051
2022 Q2	$461K	Sell	12,000 -11,918	-50%	-$465K	﹤0.01%	2011
2022 Q1	$1M	Sell	23,918 -373,477	-94%	-$15M	﹤0.01%	2052
2021 Q4	$15.4M	Buy	397,395 +820	+0.2%	+$32.2K	﹤0.01%	1597
2021 Q3	$15.8M	Sell	396,575 -103,338	-21%	-$4.1M	﹤0.01%	1607
2021 Q2	$18.7M	Buy	499,913 +85,104	+21%	+$3.39M	﹤0.01%	1567
2021 Q1	$17.9M	Sell	414,809 -165,518	-29%	-$6.85M	﹤0.01%	1595
2020 Q4	$24.4M	Sell	580,327 -53,110	-8%	-$2.05M	0.01%	1450
2020 Q3	$21.2M	Sell	633,437 -46,562	-7%	-$1.73M	0.01%	1390
2020 Q2	$25M	Sell	679,999 -29,386	-4%	-$1.03M	0.01%	1293
2020 Q1	$26M	Sell	709,385 -14,684	-2%	-$606K	0.01%	1075
2019 Q4	$31.6M	Hold	724,069	–	–	0.01%	1228
2019 Q3	$33.5M	Hold	724,069	–	–	0.01%	1134
2019 Q2	$29.2M	Hold	724,069	–	–	0.01%	1246
2019 Q1	$25.5M	Hold	724,069	–	–	0.01%	1337
2018 Q4	$27.1M	Buy	724,069 +25,290	+4%	+$1M	0.01%	1185
2018 Q3	$31.4M	Hold	698,779	–	–	0.01%	1236
2018 Q2	$31.2M	Hold	698,779	–	–	0.01%	1211
2018 Q1	$29.9M	Hold	698,779	–	–	0.01%	1154
2017 Q4	$30.8M	Hold	698,779	–	–	0.01%	1158
2017 Q3	$27.5M	Sell	698,779 -135,412	-16%	-$4.99M	0.01%	1224
2017 Q2	$31.5M	Buy	834,191 +176,956	+27%	+$6.82M	0.01%	1079
2017 Q1	$27M	Hold	657,235	–	–	0.01%	1176
2016 Q4	$28.1M	Hold	657,235	–	–	0.01%	1072
2016 Q3	$23M	Buy	657,235 +4,786	+0.7%	+$169K	0.01%	1137
2016 Q2	$22M	Buy	652,449 +165,882	+34%	+$5.39M	0.01%	1143
2016 Q1	$15.4M	Buy	486,567 +16,600	+4%	+$509K	0.01%	1320
2015 Q4	$15.6M	Hold	469,967	–	–	0.01%	1312
2015 Q3	$15.6M	Buy	469,967 +114,674	+32%	+$3.97M	0.01%	1284
2015 Q2	$12.9M	Buy	355,293 +5,642	+2%	+$198K	0.01%	1466
2015 Q1	$12M	Sell	349,651 -13,067	-4%	-$421K	0.01%	1544
2014 Q4	$12M	Hold	362,718	–	–	0.01%	1547
2014 Q3	$10.3M	Sell	362,718 -362,718	-50%	-$10.7M	0.01%	1576
2014 Q2	$22.7M	Buy	725,436 +362,718	+100%	+$10.7M	0.01%	1562
2014 Q1	$10.5M	Hold	362,718	–	–	0.01%	1557
2013 Q4	$11.4M	Hold	362,718	–	–	0.01%	1496
2013 Q3	$10.3M	Hold	362,718	–	–	0.01%	1544
2013 Q2	$8.84M	Buy	+362,718	New	+$8.43M	0.01%	1550

Other funds holding HMN

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Fuller & Thaler Asset Management San Mateo, California $29.7B AUM 43.33% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

EARNEST Partners Atlanta, Georgia $24.3B AUM 34.41% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Brown Advisory Baltimore, Maryland $60.9B AUM 15.24% 1-Year Est. Return

Norges Bank's HMN Position: Q3 2025 in Review

Norges Bank sold out of Horace Mann Educators (HMN) in Q3 2025, closing a stake of 12,000 shares — an estimated $516K sold.

Norges Bank first reported a position in HMN in Q2 2013 and held it in 49 quarters. The position peaked at $33.5M in Q3 2019. 241 funds tracked by Wall St. Rank hold HMN as of Q3 2025.

Norges Bank reported no remaining Horace Mann Educators position as of Q3 2025 after selling out during the quarter.
Norges Bank sold 12,000 Horace Mann Educators shares in Q3 2025, an estimated $516K.
Norges Bank first reported a position in Horace Mann Educators in Q2 2013 and held it in 49 quarters.
Norges Bank's Horace Mann Educators position peaked at $33.5M in Q3 2019.
241 funds tracked by Wall St. Rank held Horace Mann Educators as of Q3 2025.

Based on Norges Bank's 13F filing for Q3 2025.