Heritage Global
HGBL
43 hedge funds and large institutions have $15.2M invested in Heritage Global in 2024 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 10 closing their positions.
1.36% less ownership
Funds ownership: 25.34% → 23.98% (-1.4%)
12% less funds holding
Funds holding: 49 → 43 (-6)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
35% less capital invested
Capital invested by funds: $23.2M → $15.2M (-$8.03M)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Koshinski Asset Management
Decatur,
Illinois
|
+$2.17M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$145K |
| 3 |
Millennium Management
New York
|
+$133K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$101K |
| 5 |
RI
Ridgewood Investments
Springfield,
New Jersey
|
+$47.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$1.98M |
| 2 |
CCM
Connective Capital Management
Palo Alto,
California
|
-$511K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$230K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$214K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$117K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$10 | -4 | Closed |
|
|
CWM
52
CarsonAllaria Wealth Management
Glen Carbon,
Illinois
| – | -$5 | -2 | Closed |
|
HGBL Hedge Fund Activity: Q3 2024 in Review
43 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Heritage Global (HGBL) for Q3 2024, worth a combined $15.2M — down 35% from $23.2M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of HGBL and 5 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 10 added.
The largest buyer was Koshinski Asset Management, opening a new position worth an estimated $2.17M. The largest seller was Uniplan Investment Counsel, exiting entirely with an estimated $1.98M sold.
- 43 institutional investors held Heritage Global (HGBL) as of Q3 2024, down from 49 in Q2 2024.
- Funds reported $15.2M of Heritage Global stock for Q3 2024, down 35% quarter-over-quarter.
- 5 funds opened new Heritage Global positions in Q3 2024 and 10 closed out, a net change of -5 holders.
- The largest Heritage Global buyer in Q3 2024 was Koshinski Asset Management, an estimated $2.17M added.
- The largest Heritage Global seller in Q3 2024 was Uniplan Investment Counsel, an estimated $1.98M sold.
Based on aggregated 13F filings for Q3 2024.