Heritage Global
HGBL
56 hedge funds and large institutions have $30.6M invested in Heritage Global in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 20 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
10% more funds holding
Funds holding: 51 → 56 (+5)
0.8% less ownership
Funds ownership: 27.13% → 26.33% (-0.8%)
16% less capital invested
Capital invested by funds: $36.4M → $30.6M (-$5.82M)
45% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$1.95M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$570K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$424K |
| 5 |
1CM
1492 Capital Management
Milwaukee,
Wisconsin
|
+$377K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Koshinski Asset Management
Decatur,
Illinois
|
-$4.33M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$457K |
| 3 |
Morgan Stanley
New York
|
-$402K |
| 4 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$321K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$222K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $250 | – | – | – |
|
52
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| $190 | – | – | – |
|
53
JP Morgan Chase
New York
| $119 | -$11.9K | -3,508 | -99% |
|
|
AIC
54
Archer Investment Corporation
Carmel,
Indiana
| $78 | – | – | – |
|
|
FDCDDQ
55
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $62 | – | – | – |
|
56
UBS Group
Zurich,
Switzerland
| $19 | -$18K | -5,286 | -100% |
|
|
CWM
57
CarsonAllaria Wealth Management
Glen Carbon,
Illinois
| $6 | – | – | – |
|
|
58
Koshinski Asset Management
Decatur,
Illinois
| – | -$4.33M | -1,195,943 | Closed |
|
|
XT
59
XTX Topco
George Town,
Cayman Islands
| – | -$83.5K | -23,055 | Closed |
|
|
CW
60
CreativeOne Wealth
Overland Park,
Kansas
| – | -$68K | -18,737 | Closed |
|
|
VF
61
Virtu Financial
New York
| – | -$60K | -16,591 | Closed |
|
|
TRCT
62
Tower Research Capital (TRC)
New York
| – | -$14 | -4 | Closed |
|
HGBL Hedge Fund Activity: Q3 2023 in Review
56 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Heritage Global (HGBL) for Q3 2023, worth a combined $30.6M — down 16% from $36.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new HGBL positions and 5 closed out — a net gain of 5 holders — while 11 added to existing stakes and 20 trimmed.
The largest buyer was Uniplan Investment Counsel, adding an estimated $1.95M. The largest seller was Koshinski Asset Management, exiting entirely with an estimated $4.33M sold.
- 56 institutional investors held Heritage Global (HGBL) as of Q3 2023, up from 51 in Q2 2023.
- Funds reported $30.6M of Heritage Global stock for Q3 2023, down 16% quarter-over-quarter.
- 10 funds opened new Heritage Global positions in Q3 2023 and 5 closed out, a net change of +5 holders.
- The largest Heritage Global buyer in Q3 2023 was Uniplan Investment Counsel, an estimated $1.95M added.
- The largest Heritage Global seller in Q3 2023 was Koshinski Asset Management, an estimated $4.33M sold.
Based on aggregated 13F filings for Q3 2023.