Houlihan Lokey
HLI
526 hedge funds and large institutions have $8.6B invested in Houlihan Lokey in 2025 Q1 according to their latest regulatory filings, with 78 funds opening new positions, 203 increasing their positions, 171 reducing their positions, and 53 closing their positions.
69% more call options, than puts
Call options by funds: $5.57M | Put options by funds: $3.29M
47% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 53
19% more repeat investments, than reductions
Existing positions increased: 203 | Existing positions reduced: 171
4% more funds holding
Funds holding: 506 → 526 (+20)
0.96% less ownership
Funds ownership: 99.5% → 98.55% (-0.96%)
7% less capital invested
Capital invested by funds: $9.29B → $8.6B (-$692M)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$86.6M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$86.6M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$49.2M |
| 4 |
Handelsbanken Fonder
Stockholm,
Sweden
|
+$45M |
| 5 |
BlackRock
New York
|
+$43.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$78M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$60.9M |
| 3 |
EARNEST Partners
Atlanta,
Georgia
|
-$54.7M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$45.9M |
| 5 |
Neuberger Berman Group
New York
|
-$41.3M |
HLI Hedge Fund Activity: Q1 2025 in Review
526 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in Houlihan Lokey (HLI) for Q1 2025, worth a combined $8.6B — down 7.5% from $9.29B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new HLI positions and 53 closed out — a net gain of 25 holders — while 203 added to existing stakes and 171 trimmed.
The largest buyer was Congress Asset Management, opening a new position worth an estimated $86.6M. The largest seller was Fiduciary Management Inc, cutting an estimated $78M.
- 526 institutional investors held Houlihan Lokey (HLI) as of Q1 2025, up from 506 in Q4 2024.
- Funds reported $8.6B of Houlihan Lokey stock for Q1 2025, down 7.5% quarter-over-quarter.
- 78 funds opened new Houlihan Lokey positions in Q1 2025 and 53 closed out, a net change of +25 holders.
- The largest Houlihan Lokey buyer in Q1 2025 was Congress Asset Management, an estimated $86.6M added.
- The largest Houlihan Lokey seller in Q1 2025 was Fiduciary Management Inc, an estimated $78M sold.
Based on aggregated 13F filings for Q1 2025.