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Heritage Global Inc.

HGBL
Exchange
Nasdaq
Industry
Services-Business Services, NEC
SEC CIK
0000849145

In the last 90 days, Heritage Global Inc. insiders filed 3 open-market purchases and 1 sale; 36 institutions reported holding it in 13F filings for Q2 2026, worth $14.3M in total; no superinvestor holds it.

13F holders, Q1 2026

Institutional positions in Heritage Global Inc. as of Mar 31, 2026. 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
38
0 vs. Q4 2025
Shares held
12.6M
+2.13M (+20.3%) vs. Q4 2025
Total value
$17.2M
+$4.16M (+32.0%) vs. Q4 2025
New holders
7
6 more added
Sold out
7
13 more reduced

3 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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.

Institutional holdersQ1 2026: 38 institutions
Q1 2021: 25 institutionsQ2 2021: 25 institutionsQ3 2021: 24 institutionsQ4 2021: 27 institutionsQ1 2022: 28 institutionsQ2 2022: 24 institutionsQ3 2022: 25 institutionsQ4 2022: 28 institutionsQ1 2023: 28 institutionsQ2 2023: 51 institutionsQ3 2023: 57 institutionsQ4 2023: 54 institutionsQ1 2024: 56 institutionsQ2 2024: 49 institutionsQ3 2024: 43 institutionsQ4 2024: 39 institutionsQ1 2025: 42 institutionsQ2 2025: 38 institutionsQ3 2025: 38 institutionsQ4 2025: 41 institutionsQ1 2026: 38 institutionsQ2 2026: 36 institutions
Value heldQ1 2026: $17.2M
Q1 2021: $15.7MQ2 2021: $13.3MQ3 2021: $12.3MQ4 2021: $12.0MQ1 2022: $6.90MQ2 2022: $10.2MQ3 2022: $9.08MQ4 2022: $13.3MQ1 2023: $21.7MQ2 2023: $36.4MQ3 2023: $30.6MQ4 2023: $27.9MQ1 2024: $26.4MQ2 2024: $23.2MQ3 2024: $15.2MQ4 2024: $26.3MQ1 2025: $31.2MQ2 2025: $28.7MQ3 2025: $21.8MQ4 2025: $16.5MQ1 2026: $17.2MQ2 2026: $14.3M
Institutions holding HGBL and their total value by quarter
QuarterHoldersValue
Q2 202636$14.3M
Q1 202638$17.2M
Q4 202541$16.5M
Q3 202538$21.8M
Q2 202538$28.7M
Q1 202542$31.2M
Q4 202439$26.3M
Q3 202443$15.2M
Q2 202449$23.2M
Q1 202456$26.4M
Q4 202354$27.9M
Q3 202357$30.6M
Q2 202351$36.4M
Q1 202328$21.7M
Q4 202228$13.3M
Q3 202225$9.08M
Q2 202224$10.2M
Q1 202228$6.90M
Q4 202127$12.0M
Q3 202124$12.3M
Q2 202125$13.3M
Q1 202125$15.7M

Institutions, Q1 2026

Shares, value and share of portfolio for each institution holding Heritage Global Inc.; share changes are against Q4 2025.

Institutions holding HGBL in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Punch & Associates Investment Management, Inc.2,244,148$3.05M0.18%−140,504−5.9%Reduced
Mink Brook Asset Management LLC2,238,256$3.04M1.70%+209,412+10.3%Added
Topline Capital Management, LLC1,785,488$2.43M0.40%−65,476−3.5%Reduced
Vanguard Capital Management LLC1,657,547$2.25M0.00%+1,657,547New
Truffle Hound Capital, LLC1,100,000$1.50M0.92%00.0%Unchanged
Koshinski Asset Management, Inc.917,304$1.25M0.08%00.0%Unchanged
Militia Capital Management LLC563,873$766.9K0.17%+563,873New
Geode Capital Management, LLC342,134$465.4K0.00%−18,042−5.0%Reduced
Renaissance Technologies LLC244,317$332.3K0.00%−133,200−35.3%Reduced
Ridgewood Investments LLC237,165$322.5K0.13%+237,165New
Dimensional Fund Advisors LP204,544$278.1K0.00%−5,068−2.4%Reduced
Evernest Financial Advisors, LLC194,000$273.5K0.06%+194,000New
Vanguard Fiduciary Trust Co166,048$225.8K0.00%+166,048New
BlackRock, Inc.147,039$200.0K0.00%+7,085+5.1%Added
State Street Corp116,566$158.5K0.00%00.0%Unchanged
Sentinus, LLC81,366$110.7K0.01%−279,500−77.5%Reduced
Man Group plc79,690$108.4K0.00%+20,400+34.4%Added
Susquehanna International Group, LLP46,533$63.3K0.00%−44,303−48.8%Reduced
Northern Trust Corp36,865$50.1K0.00%00.0%Unchanged
Goldman Sachs Group Inc35,221$47.9K0.00%−14,730−29.5%Reduced
NorthRock Partners, LLC34,139$46.4K0.00%00.0%Unchanged
Wealth Enhancement Advisory Services, LLC25,758$35.5K0.00%00.0%Unchanged
Jane Street Group, LLC19,009$25.9K0.00%−10,642−35.9%Reduced
Morgan Stanley18,668$25.4K0.00%00.0%Unchanged
Acadian Asset Management LLC16,694$22.0K0.00%−14,772−46.9%Reduced
XTX Topco Ltd13,934$18.9K0.00%−10,733−43.5%Reduced
Evergreen Capital Management LLC11,878$16.2K0.00%00.0%Unchanged
Vanguard Global Advisers, LLC10,769$14.6K0.00%+10,769New
Royal Bank of Canada5,782$8.00K0.00%00.0%Unchanged
Citigroup Inc4,155$5.65K0.00%−5,738−58.0%Reduced
Parallel Advisors, LLC4,000$5.44K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)3,660$4.98K0.00%+138+3.9%Added
UBS Group AG2,875$3.91K0.00%+1,244+76.3%Added
Advisor Group Holdings, Inc.2,240$3.05K0.00%−505−18.4%Reduced
TD Waterhouse Canada Inc.698$9380.00%+20+2.9%Added
Smartleaf Asset Management LLC100$1350.00%00.0%Unchanged
Archer Investment Corp25$340.00%00.0%Unchanged
Harbour Investments, Inc.9$120.00%+9New
Wynnefield Capital Inc0$00.00%−79,426−100.0%Sold out
Citadel Advisors LLC0$00.00%−60,303−100.0%Sold out
Heron Bay Capital Management0$00.00%−31,925−100.0%Sold out
Squarepoint Ops LLC0$00.00%−13,653−100.0%Sold out
HRT Financial LP0$00.00%−10,726−100.0%Sold out
Wells Fargo & Company0$00.00%−2,505−100.0%Sold out
Bank of America Corp0$00.00%−156−100.0%Sold out
Vanguard Group Inc––––Not filed
Militia Capital Partners, LP––––Not filed
Perritt Capital Management Inc––––Not filed