Houlihan Lokey
544 hedge funds and large institutions have $7.72B invested in Houlihan Lokey in 2026 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 190 increasing their positions, 213 reducing their positions, and 96 closing their positions.
289% more call options, than puts
Call options by funds: $3.63M | Put options by funds: $934K
1.04% more ownership
Funds ownership: 99.9% → 100.93% (+1%)
6% less funds holding
Funds holding: 576 → 544 (-32)
11% less repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 213
17% less capital invested
Capital invested by funds: $9.3B → $7.72B (-$1.58B)
24% less first-time investments, than exits
New positions opened: 73 | Existing positions closed: 96
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$171M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$69.3M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$58M |
| 4 |
Jones Financial Companies
Des Peres,
Missouri
|
+$47.9M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$42.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$64.7M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$61.8M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$59.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$47.1M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$46.4M |
HLI Hedge Fund Activity: Q1 2026 in Review
544 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Houlihan Lokey (HLI) for Q1 2026, worth a combined $7.72B — down 17% from $9.3B a quarter earlier.
Sellers outnumbered buyers: 96 funds closed out of HLI and 73 opened new positions — a net loss of 23 holders — while 213 trimmed existing stakes and 190 added.
The largest buyer was Morgan Stanley, adding an estimated $171M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $64.7M.
- 544 institutional investors held Houlihan Lokey (HLI) as of Q1 2026, down from 576 in Q4 2025.
- Funds reported $7.72B of Houlihan Lokey stock for Q1 2026, down 17% quarter-over-quarter.
- 73 funds opened new Houlihan Lokey positions in Q1 2026 and 96 closed out, a net change of -23 holders.
- The largest Houlihan Lokey buyer in Q1 2026 was Morgan Stanley, an estimated $171M added.
- The largest Houlihan Lokey seller in Q1 2026 was T. Rowe Price Investment Management, an estimated $64.7M sold.
Based on aggregated 13F filings for Q1 2026.