State of Michigan Retirement System’s Houlihan Lokey HLI Stock Holding History

State of Michigan Retirement System’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	$1.7M	Sell	12,700 -400	-3%	-$59K	0.01%	752
2026 Q1	$1.88M	Buy	13,100 +200	+2%	+$32.9K	0.01%	691
2025 Q4	$2.25M	Hold	12,900	–	–	0.01%	630
2025 Q3	$2.65M	Hold	12,900	–	–	0.01%	589
2025 Q2	$2.32M	Hold	12,900	–	–	0.01%	602
2025 Q1	$2.08M	Buy	12,900 +200	+2%	+$34.4K	0.01%	618
2024 Q4	$2.21M	Buy	12,700 +100	+0.8%	+$17.6K	0.01%	621
2024 Q3	$1.99M	Hold	12,600	–	–	0.01%	656
2024 Q2	$1.7M	Sell	12,600 -200	-2%	-$26.2K	0.01%	680
2024 Q1	$1.64M	Buy	12,800 +400	+3%	+$49.5K	0.01%	710
2023 Q4	$1.49M	Buy	+12,400	New	+$1.34M	0.01%	719

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 $3.38T AUM 44.17% 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

State of Michigan Retirement System's HLI Position: Q2 2026 in Review

State of Michigan Retirement System reduced its Houlihan Lokey (HLI) stake by 3.1% in Q2 2026, selling an estimated $59K and leaving 12,700 shares worth $1.7M. The position accounts for 0.01% of the portfolio, ranked #752.

State of Michigan Retirement System first reported a position in HLI in Q4 2023 and has held it in 11 quarters since. The position peaked at $2.65M in Q3 2025. 519 funds tracked by Wall St. Rank hold HLI as of Q2 2026.

State of Michigan Retirement System held 12,700 shares of Houlihan Lokey worth $1.7M as of Q2 2026.
State of Michigan Retirement System sold 400 Houlihan Lokey shares in Q2 2026, an estimated $59K.
Houlihan Lokey made up 0.01% of State of Michigan Retirement System's portfolio in Q2 2026, its #752 holding.
State of Michigan Retirement System first reported a position in Houlihan Lokey in Q4 2023 and has held it in 11 quarters since.
State of Michigan Retirement System's Houlihan Lokey position peaked at $2.65M in Q3 2025.
519 funds tracked by Wall St. Rank held Houlihan Lokey as of Q2 2026.

Based on State of Michigan Retirement System's 13F filing for Q2 2026, filed 30 Jul 2026.