Heritage Global
HGBL
28 hedge funds and large institutions have $13.2M invested in Heritage Global in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
46% more capital invested
Capital invested by funds: $9.08M → $13.2M (+$4.14M)
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
12% more funds holding
Funds holding: 25 → 28 (+3)
0.06% more ownership
Funds ownership: 15.3% → 15.36% (+0.06%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$292K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$65.2K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$45.7K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$44.6K |
| 5 |
Renaissance Technologies
New York
|
+$42.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$178K |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$82.5K |
| 3 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$63.3K |
| 4 |
B
Bailard
Foster City,
California
|
-$51K |
| 5 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$48K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
B
26
Bailard
Foster City,
California
| – | -$51K | -31,718 | Closed |
|
|
BBHC
27
Brown Brothers Harriman & Co
New York
| – | -$48K | -30,000 | Closed |
|
|
TSS
28
Two Sigma Securities
New York
| – | -$24K | -14,608 | Closed |
|
29
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$21K | -12,981 | Closed |
|
30
UBS Group
Zurich,
Switzerland
| – | -$6K | -3,572 | Closed |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$484 | -232 | -53% |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| – | +$94 | +45 | New |
|
HGBL Hedge Fund Activity: Q4 2022 in Review
28 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Heritage Global (HGBL) for Q4 2022, worth a combined $13.2M — up 46% from $9.08M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new HGBL positions and 5 closed out — a net gain of 3 holders — while 7 added to existing stakes and 5 trimmed.
The largest buyer was Vanguard Group, adding an estimated $292K. The largest seller was Ancora Advisors, cutting an estimated $178K.
- 28 institutional investors held Heritage Global (HGBL) as of Q4 2022, up from 25 in Q3 2022.
- Funds reported $13.2M of Heritage Global stock for Q4 2022, up 46% quarter-over-quarter.
- 8 funds opened new Heritage Global positions in Q4 2022 and 5 closed out, a net change of +3 holders.
- The largest Heritage Global buyer in Q4 2022 was Vanguard Group, an estimated $292K added.
- The largest Heritage Global seller in Q4 2022 was Ancora Advisors, an estimated $178K sold.
Based on aggregated 13F filings for Q4 2022.