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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
BlackRock
1
BlackRock
New York
$1.02B +$11.4M +67,588 +1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$952M -$2.55M -15,172 -0.3%
Kayne Anderson Rudnick Investment Management
3
Kayne Anderson Rudnick Investment Management
California
$541M +$13.4M +79,993 +3%
EARNEST Partners
4
EARNEST Partners
Georgia
$445M -$29.6M -176,439 -7%
State Street
5
State Street
Massachusetts
$309M -$3.27M -19,440 -1%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$293M -$9.3M -55,378 -3%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$263M +$10.8M +64,069 +5%
BAM
8
Burgundy Asset Management
Ontario, Canada
$221M +$6.07M +36,144 +3%
BAMCO Inc
9
BAMCO Inc
New York
$206M +$330K +1,964 +0.2%
T. Rowe Price Investment Management
10
T. Rowe Price Investment Management
Maryland
$189M -$25.1M -149,299 -12%
Bank of America
11
Bank of America
North Carolina
$188M +$6.97M +41,470 +4%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$187M +$3.55M +21,132 +2%
Raymond James Financial
13
Raymond James Financial
Florida
$157M +$13.8M +82,002 +10%
Invesco
14
Invesco
Georgia
$152M -$11.7M -69,372 -8%
Capital Research Global Investors
15
Capital Research Global Investors
California
$144M +$49.5M +294,781 +58%
Capital International Investors
16
Capital International Investors
California
$144M +$579K +3,447 +0.4%
FMI
17
Fiduciary Management Inc
Wisconsin
$135M -$607K -3,616 -0.5%
Norges Bank
18
Norges Bank
Norway
$127M +$5.08M +30,250 +4%
SEI Investments
19
SEI Investments
Pennsylvania
$124M +$14.5M +86,244 +14%
Neuberger Berman Group
20
Neuberger Berman Group
New York
$123M -$3.17M -18,860 -3%
Morgan Stanley
21
Morgan Stanley
New York
$112M +$12.8M +76,462 +14%
Charles Schwab
22
Charles Schwab
California
$106M -$1.52M -9,028 -2%
ClearBridge Investments
23
ClearBridge Investments
New York
$104M -$9.08M -54,064 -9%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$99.8M -$509K -3,029 -0.5%
CIP
25
Champlain Investment Partners
Vermont
$98.3M +$60.7M +361,085 +195%

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.