Houlihan Lokey
HLI
551 hedge funds and large institutions have $10.9B invested in Houlihan Lokey in 2025 Q3 according to their latest regulatory filings, with 74 funds opening new positions, 188 increasing their positions, 204 reducing their positions, and 63 closing their positions.
324% more call options, than puts
Call options by funds: $5.92M | Put options by funds: $1.4M
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
17% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 63
10% more capital invested
Capital invested by funds: $9.93B → $10.9B (+$957M)
1% more funds holding
Funds holding: 547 → 551 (+4)
8% less repeat investments, than reductions
Existing positions increased: 188 | Existing positions reduced: 204
2.87% less ownership
Funds ownership: 102.52% → 99.65% (-2.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFA
Mayflower Financial Advisors
Boston,
Massachusetts
|
+$220M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$60.2M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$57.3M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$57.1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$37.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$75.5M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$62.6M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$48.8M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$44.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$38M |
HLI Hedge Fund Activity: Q3 2025 in Review
551 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Houlihan Lokey (HLI) for Q3 2025, worth a combined $10.9B — up 9.6% from $9.93B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new HLI positions and 63 closed out — a net gain of 11 holders — while 188 added to existing stakes and 204 trimmed.
The largest buyer was Mayflower Financial Advisors, opening a new position worth an estimated $220M. The largest seller was Ameriprise, cutting an estimated $75.5M.
- 551 institutional investors held Houlihan Lokey (HLI) as of Q3 2025, up from 547 in Q2 2025.
- Funds reported $10.9B of Houlihan Lokey stock for Q3 2025, up 9.6% quarter-over-quarter.
- 74 funds opened new Houlihan Lokey positions in Q3 2025 and 63 closed out, a net change of +11 holders.
- The largest Houlihan Lokey buyer in Q3 2025 was Mayflower Financial Advisors, an estimated $220M added.
- The largest Houlihan Lokey seller in Q3 2025 was Ameriprise, an estimated $75.5M sold.
Based on aggregated 13F filings for Q3 2025.