Heritage Global
HGBL
54 hedge funds and large institutions have $27.9M invested in Heritage Global in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 13 reducing their positions, and 12 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 13
0.61% more ownership
Funds ownership: 26.33% → 26.94% (+0.61%)
4% less funds holding
Funds holding: 56 → 54 (-2)
9% less capital invested
Capital invested by funds: $30.6M → $27.9M (-$2.75M)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Wynnefield Capital
New York
|
+$1.31M |
| 2 |
HIG
Herr Investment Group
Austin,
Texas
|
+$1.15M |
| 3 |
1CM
1492 Capital Management
Milwaukee,
Wisconsin
|
+$568K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$352K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$342K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
-$1.04M |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
-$560K |
| 3 |
Morgan Stanley
New York
|
-$500K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$488K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$314K |
HGBL Hedge Fund Activity: Q4 2023 in Review
54 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Heritage Global (HGBL) for Q4 2023, worth a combined $27.9M — down 9% from $30.6M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of HGBL and 10 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 21 added.
The largest buyer was Wynnefield Capital, opening a new position worth an estimated $1.31M. The largest seller was EAM Investors, exiting entirely with an estimated $1.04M sold.
- 54 institutional investors held Heritage Global (HGBL) as of Q4 2023, down from 56 in Q3 2023.
- Funds reported $27.9M of Heritage Global stock for Q4 2023, down 9% quarter-over-quarter.
- 10 funds opened new Heritage Global positions in Q4 2023 and 12 closed out, a net change of -2 holders.
- The largest Heritage Global buyer in Q4 2023 was Wynnefield Capital, an estimated $1.31M added.
- The largest Heritage Global seller in Q4 2023 was EAM Investors, an estimated $1.04M sold.
Based on aggregated 13F filings for Q4 2023.