Heritage Global (HGBL)

• Market cap: $70.9M
• 1 day: 0.50%
• 5 days: -2.43%
• 1 month: -9.05%
• 3 months: -3.83%
• 6 months: 16.18%
• Year to date: 7.49%
• 1 year: -17.62%
• 5 years: -45.38%
• 10 years: -45.38%
• Sector: Financials
• Industry: Capital Markets

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 full-service auction, appraisal, and asset advisory firm, including the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment.

Employees: 86

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

43% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 7

8% more funds holding

Funds holding: 39 [Q4 2024] → 42 (+3) [Q1 2025]

2.29% more ownership

Funds ownership: 36.44% [Q4 2024] → 38.73% (+2.29%) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]

56% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 16

98% less capital invested

Capital invested by funds: $1.89B [Q4 2024] → $30M (-$1.86B) [Q1 2025]