Heritage Global
HGBL
28 hedge funds and large institutions have $21.7M invested in Heritage Global in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 6 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
64% more capital invested
Capital invested by funds: $13.2M → $21.7M (+$8.52M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
5.28% more ownership
Funds ownership: 15.23% → 20.51% (+5.3%)
4% more funds holding
Funds holding: 27 → 28 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Koshinski Asset Management
Decatur,
Illinois
|
+$3.99M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.15M |
| 3 |
Renaissance Technologies
New York
|
+$165K |
| 4 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$110K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$92.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$359K |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
-$221K |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$121K |
| 4 |
Charles Schwab
San Francisco,
California
|
-$45.4K |
| 5 |
VF
Virtu Financial
New York
|
-$26K |
HGBL Hedge Fund Activity: Q1 2023 in Review
28 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Heritage Global (HGBL) for Q1 2023, worth a combined $21.7M — up 64% from $13.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new HGBL positions and 6 closed out — a net gain of 1 holder — while 9 added to existing stakes and 3 trimmed.
The largest buyer was Koshinski Asset Management, opening a new position worth an estimated $3.99M. The largest seller was Punch & Associates Investment Management, cutting an estimated $359K.
- 28 institutional investors held Heritage Global (HGBL) as of Q1 2023, up from 27 in Q4 2022.
- Funds reported $21.7M of Heritage Global stock for Q1 2023, up 64% quarter-over-quarter.
- 7 funds opened new Heritage Global positions in Q1 2023 and 6 closed out, a net change of +1 holder.
- The largest Heritage Global buyer in Q1 2023 was Koshinski Asset Management, an estimated $3.99M added.
- The largest Heritage Global seller in Q1 2023 was Punch & Associates Investment Management, an estimated $359K sold.
Based on aggregated 13F filings for Q1 2023.