We are live on ! Find out more
HLI icon

Houlihan Lokey

548 hedge funds and large institutions have $9.93B invested in Houlihan Lokey in 2025 Q2 according to their latest regulatory filings, with 81 funds opening new positions, 191 increasing their positions, 208 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more call options, than puts

Call options by funds: $3.85M | Put options by funds: $2.48M

53% more first-time investments, than exits

New positions opened: 81 | Existing positions closed: 53

15% more capital invested

Capital invested by funds: $8.6B → $9.93B (+$1.32B)

5% more funds holding

Funds holding: 524548 (+24)

3.92% more ownership

Funds ownership: 98.6%102.52% (+3.9%)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

8% less repeat investments, than reductions

Existing positions increased: 191 | Existing positions reduced: 208

Holders
548
Holders Change
+24
Holders Change %
+4.58%
% of All Funds
7.21%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
81
Increased
191
Reduced
208
Closed
53
Calls
$3.85M
Puts
$2.48M
Net Calls
+$1.37M
Net Calls Change
-$908K
Name Holding Trade Value Shares
Change
Change in
Stake
RFC
176
Regions Financial Corp
Alabama
$3.22M +$678K +4,034 +29%
AIP
177
Ameritas Investment Partners
Nebraska
$3.1M -$31.2K -186 -1%
TRSOTSOK
178
Teachers Retirement System of the State of Kentucky
Kentucky
$2.99M
MCM
179
Monument Capital Management
Virginia
$2.97M -$143K -850 -5%
ASRS
180
Arizona State Retirement System
Arizona
$2.84M +$58.5K +348 +2%
Zurich Cantonal Bank
181
Zurich Cantonal Bank
Switzerland
$2.83M +$206K +1,228 +8%
PNC Financial Services Group
182
PNC Financial Services Group
Pennsylvania
$2.76M -$270K -1,607 -9%
VCM
183
Voleon Capital Management
California
$2.73M +$1.09M +6,461 +74%
LSERS
184
Louisiana State Employees Retirement System
Louisiana
$2.72M
State of New Jersey Common Pension Fund D
185
State of New Jersey Common Pension Fund D
New Jersey
$2.7M +$201K +1,198 +9%
EGM
186
Engineers Gate Manager
New York
$2.65M +$1.03M +6,158 +72%
DC
187
Davenport & Co
Virginia
$2.65M -$802K -4,776 -24%
Canada Pension Plan Investment Board
188
Canada Pension Plan Investment Board
Ontario, Canada
$2.65M
P
189
&Partners
Tennessee
$2.59M -$49.4K -294 -2%
ETC
190
Exchange Traded Concepts
Oklahoma
$2.58M -$1.01M -5,992 -29%
SEA
191
Stegent Equity Advisors
Texas
$2.57M +$838K +4,988 +54%
VOYA Investment Management
192
VOYA Investment Management
Georgia
$2.54M +$723K +4,303 +44%
OSAM
193
O'Shaughnessy Asset Management
Connecticut
$2.54M +$378K +2,250 +19%
COPPSERS
194
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$2.49M +$152K +906 +7%
Mariner
195
Mariner
Kansas
$2.36M +$16.8K +100 +0.8%
GPGA
196
Grandeur Peak Global Advisors
Utah
$2.36M +$183K +1,092 +9%
PI
197
PineBridge Investments
New York
$2.35M -$840K -5,001 -28%
SOMRS
198
State of Michigan Retirement System
Michigan
$2.32M
Corient Private Wealth
199
Corient Private Wealth
Florida
$2.31M -$218K -1,299 -9%
IMRF
200
Illinois Municipal Retirement Fund
Illinois
$2.3M -$356K -2,117 -14%

HLI Hedge Fund Activity: Q2 2025 in Review

548 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Houlihan Lokey (HLI) for Q2 2025, worth a combined $9.93B — up 15% from $8.6B a quarter earlier.

Buyers outnumbered sellers: 81 funds opened new HLI positions and 53 closed out — a net gain of 28 holders — while 191 added to existing stakes and 208 trimmed.

The largest buyer was Champlain Investment Partners, adding an estimated $60.7M. The largest seller was EARNEST Partners, cutting an estimated $29.6M.

  • 548 institutional investors held Houlihan Lokey (HLI) as of Q2 2025, up from 524 in Q1 2025.
  • Funds reported $9.93B of Houlihan Lokey stock for Q2 2025, up 15% quarter-over-quarter.
  • 81 funds opened new Houlihan Lokey positions in Q2 2025 and 53 closed out, a net change of +28 holders.
  • The largest Houlihan Lokey buyer in Q2 2025 was Champlain Investment Partners, an estimated $60.7M added.
  • The largest Houlihan Lokey seller in Q2 2025 was EARNEST Partners, an estimated $29.6M sold.

Based on aggregated 13F filings for Q2 2025.