We are live on ! Find out more
HLI icon

Houlihan Lokey

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.

New
Increased
Maintained
Reduced
Closed

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: 56 (+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: 547551 (+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%)

Holders
551
Holders Change
+4
Holders Change %
+0.73%
% of All Funds
7.23%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.08%
New
74
Increased
188
Reduced
204
Closed
63
Calls
$5.92M
Puts
$1.4M
Net Calls
+$4.52M
Net Calls Change
+$3.15M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.13B -$34.6M -176,658 -3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.09B +$2.7M +13,750 +0.3%
Kayne Anderson Rudnick Investment Management
3
Kayne Anderson Rudnick Investment Management
California
$600M -$16.7M -85,078 -3%
EARNEST Partners
4
EARNEST Partners
Georgia
$497M -$10.1M -51,336 -2%
State Street
5
State Street
Massachusetts
$352M -$315K -1,607 -0.1%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$295M -$38M -193,617 -12%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$282M -$17M -86,514 -6%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$274M +$57.3M +292,202 +28%
BAM
9
Burgundy Asset Management
Ontario, Canada
$243M -$1.24M -6,349 -0.5%
BAMCO Inc
10
BAMCO Inc
New York
$232M -$3.13M -15,953 -1%
Bank of America
11
Bank of America
North Carolina
$205M -$8.2M -41,810 -4%
Capital Research Global Investors
12
Capital Research Global Investors
California
$196M +$30.9M +157,605 +20%
Raymond James Financial
13
Raymond James Financial
Florida
$173M -$6.3M -32,129 -4%
Invesco
14
Invesco
Georgia
$170M -$3.75M -19,115 -2%
T. Rowe Price Investment Management
15
T. Rowe Price Investment Management
Maryland
$165M -$48.8M -249,104 -24%
FMI
16
Fiduciary Management Inc
Wisconsin
$154M -$685K -3,493 -0.5%
SEI Investments
17
SEI Investments
Pennsylvania
$147M +$5.36M +27,328 +4%
Thrivent Financial for Lutherans
18
Thrivent Financial for Lutherans
Minnesota
$146M +$60.2M +307,214 +76%
Neuberger Berman Group
19
Neuberger Berman Group
New York
$137M -$3.15M -16,055 -2%
Jennison Associates
20
Jennison Associates
New York
$121M +$23.4M +119,440 +25%
ClearBridge Investments
21
ClearBridge Investments
New York
$118M -$1.4M -7,139 -1%
Capital International Investors
22
Capital International Investors
California
$117M -$44.6M -227,454 -28%
Morgan Stanley
23
Morgan Stanley
New York
$115M -$12.5M -63,976 -10%
Northern Trust
24
Northern Trust
Illinois
$110M -$375K -1,912 -0.4%
Dimensional Fund Advisors
25
Dimensional Fund Advisors
Texas
$107M -$6.45M -32,878 -6%

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.