Heritage Global
HGBL
56 hedge funds and large institutions have $26.4M invested in Heritage Global in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
4% more funds holding
Funds holding: 54 → 56 (+2)
0.01% more ownership
Funds ownership: 26.94% → 26.95% (+0.01%)
5% less capital invested
Capital invested by funds: $27.9M → $26.4M (-$1.46M)
11% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Connective Capital Management
Palo Alto,
California
|
+$580K |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$345K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$203K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$140K |
| 5 |
Goldman Sachs
New York
|
+$128K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$661K |
| 2 |
1CM
1492 Capital Management
Milwaukee,
Wisconsin
|
-$456K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$143K |
| 4 |
Millennium Management
New York
|
-$116K |
| 5 |
Renaissance Technologies
New York
|
-$84.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $211 | – | – | – |
|
52
Fidelity Investments
Boston,
Massachusetts
| $177 | – | – | – |
|
53
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| $161 | – | – | – |
|
|
AIC
54
Archer Investment Corporation
Carmel,
Indiana
| $92 | – | – | – |
|
|
CWM
55
CarsonAllaria Wealth Management
Glen Carbon,
Illinois
| $5 | – | – | – |
|
56
Marshall Wace
London,
United Kingdom
| – | -$64.4K | -23,160 | Closed |
|
57
Barclays
London,
United Kingdom
| – | -$52K | -18,707 | Closed |
|
|
RA
58
Royce & Associates
New York
| – | -$44.9K | -16,155 | Closed |
|
|
NA
59
NewEdge Advisors
New Orleans,
Louisiana
| – | -$21.9K | -7,706 | Closed |
|
|
CIA
60
Cape Investment Advisory
Mcdonough,
Georgia
| – | -$295 | -106 | Closed |
|
61
Bank of America
Charlotte,
North Carolina
| – | -$56 | -20 | Closed |
|
|
CTC
62
Central Trust Company
Jefferson City,
Missouri
| – | -$14 | -5 | Closed |
|
|
JPWM
63
Jamison Private Wealth Management
Milton,
Georgia
| – | +$45.5K | +16,000 | New |
|
HGBL Hedge Fund Activity: Q1 2024 in Review
56 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Heritage Global (HGBL) for Q1 2024, worth a combined $26.4M — down 5.2% from $27.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new HGBL positions and 7 closed out — a net gain of 2 holders — while 16 added to existing stakes and 18 trimmed.
The largest buyer was Connective Capital Management, opening a new position worth an estimated $580K. The largest seller was Punch & Associates Investment Management, cutting an estimated $661K.
- 56 institutional investors held Heritage Global (HGBL) as of Q1 2024, up from 54 in Q4 2023.
- Funds reported $26.4M of Heritage Global stock for Q1 2024, down 5.2% quarter-over-quarter.
- 9 funds opened new Heritage Global positions in Q1 2024 and 7 closed out, a net change of +2 holders.
- The largest Heritage Global buyer in Q1 2024 was Connective Capital Management, an estimated $580K added.
- The largest Heritage Global seller in Q1 2024 was Punch & Associates Investment Management, an estimated $661K sold.
Based on aggregated 13F filings for Q1 2024.