Heritage Global Inc.
HGBL- Exchange
- Nasdaq
- Industry
- Services-Business Services, NEC
- SEC CIK
- 0000849145
In the last 90 days, Heritage Global Inc. insiders filed 4 open-market purchases and 2 sales; 36 institutions reported holding it in 13F filings for Q2 2026, worth $14.3M in total; no superinvestor holds it.
13F holders, Q4 2025
Institutional positions in Heritage Global Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 41
- +4 vs. Q3 2025
- Shares held
- 13.3M
- +376.2K (+2.9%) vs. Q3 2025
- Total value
- $16.5M
- −$4.95M (−23.1%) vs. Q3 2025
- New holders
- 8
- 13 more added
- Sold out
- 4
- 8 more reduced
1 institution that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting HGBL on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 36 | $14.3M |
| Q1 2026 | 38 | $17.2M |
| Q4 2025 | 41 | $16.5M |
| Q3 2025 | 38 | $21.8M |
| Q2 2025 | 38 | $28.7M |
| Q1 2025 | 42 | $31.2M |
| Q4 2024 | 39 | $26.3M |
| Q3 2024 | 43 | $15.2M |
| Q2 2024 | 49 | $23.2M |
| Q1 2024 | 56 | $26.4M |
| Q4 2023 | 54 | $27.9M |
| Q3 2023 | 57 | $30.6M |
| Q2 2023 | 51 | $36.4M |
| Q1 2023 | 28 | $21.7M |
| Q4 2022 | 28 | $13.3M |
| Q3 2022 | 25 | $9.08M |
| Q2 2022 | 24 | $10.2M |
| Q1 2022 | 28 | $6.90M |
| Q4 2021 | 27 | $12.0M |
| Q3 2021 | 24 | $12.3M |
| Q2 2021 | 25 | $13.3M |
| Q1 2021 | 25 | $15.7M |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Heritage Global Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Archer Investment Corp | 25 | $31 | 0.00% | 00.0% | Unchanged |
| Smartleaf Asset Management LLC | 100 | $125 | 0.00% | +100 | New |
| Bank of America Corp | 156 | $193 | 0.00% | −116−42.6% | Reduced |
| TD Waterhouse Canada Inc. | 678 | $841 | 0.00% | 00.0% | Unchanged |
| UBS Group AG | 1,631 | $2.02K | 0.00% | +1,615+10,093.8% | Added |
| Wells Fargo & Company | 2,505 | $3.11K | 0.00% | +5+0.2% | Added |
| Advisor Group Holdings, Inc. | 2,745 | $3.40K | 0.00% | −5−0.2% | Reduced |
| Tower Research Capital LLC (TRC) | 3,522 | $4.37K | 0.00% | +651+22.7% | Added |
| Parallel Advisors, LLC | 4,000 | $4.96K | 0.00% | 00.0% | Unchanged |
| Royal Bank of Canada | 5,782 | $7.00K | 0.00% | −34−0.6% | Reduced |
| Citigroup Inc | 9,893 | $12.3K | 0.00% | +9,893 | New |
| HRT Financial LP | 10,726 | $13.0K | 0.00% | +10,726 | New |
| Evergreen Capital Management LLC | 11,878 | $14.7K | 0.00% | 00.0% | Unchanged |
| Squarepoint Ops LLC | 13,653 | $16.9K | 0.00% | +13,653 | New |
| Morgan Stanley | 18,668 | $23.1K | 0.00% | 00.0% | Unchanged |
| XTX Topco Ltd | 24,667 | $30.6K | 0.00% | +24,667 | New |
| Wealth Enhancement Advisory Services, LLC | 25,758 | $32.5K | 0.00% | 00.0% | Unchanged |
| Jane Street Group, LLC | 29,651 | $36.8K | 0.00% | +19,642+196.2% | Added |
| Acadian Asset Management LLC | 31,466 | $38.0K | 0.00% | +31,466 | New |
| Heron Bay Capital Management | 31,925 | $39.6K | 0.01% | −2,792−8.0% | Reduced |
| NorthRock Partners, LLC | 34,139 | $42.3K | 0.00% | +34,139 | New |
| Northern Trust Corp | 36,865 | $45.7K | 0.00% | 00.0% | Unchanged |
| Goldman Sachs Group Inc | 49,951 | $61.9K | 0.00% | +11,512+29.9% | Added |
| Man Group plc | 59,290 | $73.5K | 0.00% | 00.0% | Unchanged |
| Citadel Advisors LLC | 60,303 | $74.8K | 0.00% | −13,162−17.9% | Reduced |
| Wynnefield Capital Inc | 79,426 | $98.5K | 0.06% | −321,604−80.2% | Reduced |
| Susquehanna International Group, LLP | 90,836 | $112.6K | 0.00% | +48,098+112.5% | Added |
| State Street Corp | 116,566 | $144.5K | 0.00% | 00.0% | Unchanged |
| BlackRock, Inc. | 139,954 | $173.5K | 0.00% | +3,270+2.4% | Added |
| Dimensional Fund Advisors LP | 209,612 | $260.0K | 0.00% | −62,705−23.0% | Reduced |
| Geode Capital Management, LLC | 360,176 | $446.7K | 0.00% | +2,402+0.7% | Added |
| Perritt Capital Management Inc | 360,866 | $447.5K | 0.75% | +65,000+22.0% | Added |
| Sentinus, LLC | 360,866 | $447.5K | 0.04% | +360,866 | New |
| Renaissance Technologies LLC | 377,517 | $468.1K | 0.00% | +6,185+1.7% | Added |
| Militia Capital Partners, LP | 563,873 | $699.2K | 0.26% | 00.0% | Unchanged |
| Koshinski Asset Management, Inc. | 917,304 | $1.14M | 0.07% | 00.0% | Unchanged |
| Truffle Hound Capital, LLC | 1,100,000 | $1.36M | 0.80% | 00.0% | Unchanged |
| Topline Capital Management, LLC | 1,850,964 | $2.30M | 0.21% | +172,457+10.3% | Added |
| Vanguard Group Inc | 1,874,040 | $2.32M | 0.00% | +14,013+0.8% | Added |
| Mink Brook Asset Management LLC | 2,028,844 | $2.52M | 1.59% | +146,622+7.8% | Added |
| Punch & Associates Investment Management, Inc. | 2,384,652 | $2.96M | 0.17% | −90,576−3.7% | Reduced |
| RBF Capital, LLC | 0 | $0 | 0.00% | −54,283−100.0% | Sold out |
| Gsa Capital Partners LLP | 0 | $0 | 0.00% | −21,928−100.0% | Sold out |
| Virtu Financial LLC | 0 | $0 | 0.00% | −16,796−100.0% | Sold out |
| Charles Schwab Investment Management Inc | 0 | $0 | 0.00% | −16,791−100.0% | Sold out |
| Ridgewood Investments LLC | – | – | – | – | Not filed |