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Houlihan Lokey, Inc.

HLI
Exchange
NYSE
Industry
Investment Advice
SEC CIK
0001302215

In the last 90 days, Houlihan Lokey, Inc. insiders filed 1 open-market purchase and 1 sale; 520 institutions reported holding it in 13F filings for Q2 2026, worth $7.40B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Houlihan Lokey, 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
579
+33 vs. Q3 2025
Shares held
54.5M
+1.61M (+3.1%) vs. Q3 2025
Total value
$9.30B
−$1.32B (−12.4%) vs. Q3 2025
New holders
106
174 more added
Sold out
73
225 more reduced

7 institutions 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 HLI 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 holdersQ4 2025: 579 institutions
Q1 2021: 276 institutionsQ2 2021: 302 institutionsQ3 2021: 308 institutionsQ4 2021: 344 institutionsQ1 2022: 343 institutionsQ2 2022: 324 institutionsQ3 2022: 323 institutionsQ4 2022: 335 institutionsQ1 2023: 330 institutionsQ2 2023: 331 institutionsQ3 2023: 338 institutionsQ4 2023: 393 institutionsQ1 2024: 399 institutionsQ2 2024: 416 institutionsQ3 2024: 452 institutionsQ4 2024: 506 institutionsQ1 2025: 525 institutionsQ2 2025: 549 institutionsQ3 2025: 553 institutionsQ4 2025: 579 institutionsQ1 2026: 547 institutionsQ2 2026: 520 institutions
Value heldQ4 2025: $9.30B
Q1 2021: $3.47BQ2 2021: $4.31BQ3 2021: $4.78BQ4 2021: $5.21BQ1 2022: $4.42BQ2 2022: $3.86BQ3 2022: $3.71BQ4 2022: $4.35BQ1 2023: $4.40BQ2 2023: $4.92BQ3 2023: $5.39BQ4 2023: $6.45BQ1 2024: $6.81BQ2 2024: $7.19BQ3 2024: $8.36BQ4 2024: $9.29BQ1 2025: $8.60BQ2 2025: $9.93BQ3 2025: $10.9BQ4 2025: $9.30BQ1 2026: $7.72BQ2 2026: $7.40B
Institutions holding HLI and their total value by quarter
QuarterHoldersValue
Q2 2026520$7.40B
Q1 2026547$7.72B
Q4 2025579$9.30B
Q3 2025553$10.9B
Q2 2025549$9.93B
Q1 2025525$8.60B
Q4 2024506$9.29B
Q3 2024452$8.36B
Q2 2024416$7.19B
Q1 2024399$6.81B
Q4 2023393$6.45B
Q3 2023338$5.39B
Q2 2023331$4.92B
Q1 2023330$4.40B
Q4 2022335$4.35B
Q3 2022323$3.71B
Q2 2022324$3.86B
Q1 2022343$4.42B
Q4 2021344$5.21B
Q3 2021308$4.78B
Q2 2021302$4.31B
Q1 2021276$3.47B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Houlihan Lokey, Inc.; share changes are against Q3 2025.

Institutions holding HLI in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc5,256,736$915.7M0.01%−48,446−0.9%Reduced
BlackRock, Inc.5,241,321$913.0M0.02%−269,388−4.9%Reduced
Kayne Anderson Rudnick Investment Management LLC2,772,807$483.0M1.30%−149,067−5.1%Reduced
Earnest Partners LLC2,291,511$399.2M1.71%−129,622−5.4%Reduced
Royal Bank of Canada1,703,369$296.7M0.05%+1,334,769+362.1%Added
State Street Corp1,703,295$296.7M0.01%−11,708−0.7%Reduced
Geode Capital Management, LLC1,418,549$247.1M0.02%+84,757+6.4%Added
Wellington Management Group LLP1,283,813$223.6M0.04%−88,890−6.5%Reduced
Bank of Montreal1,199,459$208.9M0.09%+1,156,973+2,723.2%Added
FMR LLC1,125,462$196.0M0.01%−309,477−21.6%Reduced
Bamco Inc1,123,951$195.8M0.53%−6,239−0.6%Reduced
Capital Research Global Investors962,263$167.6M0.03%+5,822+0.6%Added
Bank of America Corp953,840$166.1M0.01%−46,340−4.6%Reduced
Raymond James Financial Inc796,361$139.8M0.04%−45,588−5.4%Reduced
Invesco Ltd.760,961$132.6M0.01%−66,564−8.0%Reduced
Thrivent Financial for Lutherans708,847$123.5M0.22%−4,647−0.7%Reduced
Fiduciary Management Inc697,293$121.5M1.34%−50,539−6.8%Reduced
SEI Investments Co688,906$120.0M0.12%−29,046−4.0%Reduced
Norges Bank662,940$115.5M0.01%+662,940New
Neuberger Berman Group LLC628,778$109.5M0.08%−36,958−5.6%Reduced
Jennison Associates LLC587,767$102.4M0.06%−1,326−0.2%Reduced
Clearbridge Investments, LLC568,883$99.1M0.08%−3,880−0.7%Reduced
Morgan Stanley550,308$95.9M0.01%−8,976−1.6%Reduced
Goldman Sachs Group Inc544,862$94.9M0.01%+92,453+20.4%Added
Dimensional Fund Advisors LP535,337$93.3M0.02%+13,445+2.6%Added
T. Rowe Price Investment Management, Inc.533,456$92.9M0.06%−269,687−33.6%Reduced
Westfield Capital Management Co LP520,002$90.6M0.38%+113,696+28.0%Added
Northern Trust Corp509,671$88.8M0.01%−26,817−5.0%Reduced
Champlain Investment Partners, LLC459,100$80.0M0.81%−52,181−10.2%Reduced
Bank of New York Mellon Corp424,253$73.9M0.01%−64,052−13.1%Reduced
Charles Schwab Investment Management Inc422,344$73.6M0.01%+4,801+1.1%Added
First Trust Advisors LP408,038$71.1M0.05%+14,929+3.8%Added
Wells Fargo & Company393,901$68.6M0.01%−14,433−3.5%Reduced
Nomura Asset Management International Inc.386,908$67.4M0.10%+386,908New
AQR Capital Management LLC379,478$66.1M0.03%+145,454+62.2%Added
Van Berkom & Associates Inc.377,378$65.7M1.90%+686+0.2%Added
GW&K Investment Management, LLC356,255$62.1M0.54%+13,614+4.0%Added
Fiera Capital Corp352,579$61.4M0.19%+86,764+32.6%Added
Alliancebernstein L.P.352,138$61.3M0.02%−108,527−23.6%Reduced
Envestnet Asset Management Inc343,414$59.8M0.02%−62,476−15.4%Reduced
Natixis Advisors, L.P.325,664$56.7M0.08%+290+0.1%Added
Handelsbanken Fonder AB313,458$54.6M0.16%−85,000−21.3%Reduced
Capital International Investors313,232$54.6M0.01%−257,672−45.1%Reduced
Ancora Advisors, LLC280,261$48.8M1.01%+3,433+1.2%Added
Congress Asset Management Co266,656$46.4M0.33%−108,644−28.9%Reduced
Woodley Farra Manion Portfolio Management Inc257,463$44.8M2.14%−2,733−1.1%Reduced
Franklin Resources Inc239,674$41.7M0.01%−26,853−10.1%Reduced
UBS Group AG237,228$41.3M0.01%−45,523−16.1%Reduced
Argent Capital Management LLC236,095$41.1M1.17%−5,617−2.3%Reduced
Eventide Asset Management, LLC234,404$40.9M0.64%+14,356+6.5%Added
Caisse de Depot Et Placement du Quebec234,047$40.8M0.07%+63,430+37.2%Added
Schroder Investment Management Group225,385$39.6M0.03%−17,722−7.3%Reduced
HighTower Advisors, LLC222,857$38.8M0.04%−24,928−10.1%Reduced
Barlow Wealth Partners, Inc.204,387$37.2M4.01%+1,254+0.6%Added
Ameriprise Financial Inc201,864$35.2M0.01%+97,251+93.0%Added
Renaissance Group LLC185,020$32.2M1.29%−1,162−0.6%Reduced
Qube Research & Technologies Ltd174,016$30.3M0.04%−34,497−16.5%Reduced
Flputnam Investment Management Co171,246$29.8M0.43%+4,250+2.5%Added
Janus Henderson Group PLC162,168$28.3M0.01%+46,135+39.8%Added
Price T Rowe Associates Inc160,825$28.0M0.00%−168,623−51.2%Reduced
JPMorgan Chase & Co158,530$27.6M0.00%−16,165−9.3%Reduced
Rhumbline Advisers157,343$27.4M0.02%+1,884+1.2%Added
UBS Asset Management Americas Inc153,662$26.8M0.01%+8,527+5.9%Added
D. E. Shaw & Co., Inc.148,240$25.8M0.02%+145,146+4,691.2%Added
Public Employees Retirement Association of Colorado146,251$25.5M0.09%00.0%Unchanged
Brown Advisory Inc140,942$24.6M0.03%−19,828−12.3%Reduced
Tudor Investment Corp Et Al126,977$22.1M0.12%+105,797+499.5%Added
Fenimore Asset Management Inc123,672$21.5M0.45%+17,199+16.2%Added
Barclays PLC122,900$21.4M0.01%−106,175−46.3%Reduced
GHP Investment Advisors, Inc.118,845$20.7M0.85%−140−0.1%Reduced
Nuveen, LLC118,820$20.7M0.01%+3,327+2.9%Added
Principal Financial Group Inc117,096$20.4M0.01%−3,507−2.9%Reduced
LPL Financial LLC115,453$20.1M0.01%+10,205+9.7%Added
Point72 Asset Management, L.P.115,238$20.1M0.03%+115,238New
Walleye Capital LLC115,148$20.1M0.11%+110,924+2,626.0%Added
Millennium Management LLC108,927$19.0M0.01%+15,446+16.5%Added
Swiss National Bank107,236$18.7M0.01%+3,000+2.9%Added
California Public Employees Retirement System103,943$18.1M0.01%+3,229+3.2%Added
Grantham, Mayo, Van Otterloo & Co. LLC99,580$17.3M0.04%−68,970−40.9%Reduced
Montanaro Asset Management Ltd97,650$17.0M4.74%+8,650+9.7%Added
New York State Common Retirement Fund95,225$16.6M0.02%−44,315−31.8%Reduced
Alps Advisors Inc92,789$16.2M0.09%−4,850−5.0%Reduced
Citigroup Inc88,080$15.3M0.01%−20,977−19.2%Reduced
Segall Bryant & Hamill, LLC87,982$15.3M0.21%+3,955+4.7%Added
ArrowMark Colorado Holdings LLC86,601$15.1M0.33%+86,601New
Legal & General Group Plc86,209$15.0M0.00%−19,736−18.6%Reduced
Interval Partners, LP84,954$14.8M0.35%+84,954New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.78,842$13.7M0.02%+78,456+20,325.4%Added
Jain Global LLC76,453$13.3M0.13%+76,453New
Whittier Trust Co70,928$13.1M0.14%−124−0.2%Reduced
Russell Investments Group, Ltd.74,633$13.0M0.01%+2,819+3.9%Added
StonePine Asset Management Inc.74,495$13.0M0.08%00.0%Unchanged
Stifel Financial Corp73,033$12.7M0.01%−8,168−10.1%Reduced
Atwood & Palmer Inc69,960$12.2M0.69%+69,960New
Citadel Advisors LLC67,083$11.7M0.01%−5,182−7.2%Reduced
Aptus Capital Advisors, LLC65,889$11.5M0.10%+286+0.4%Added
Retirement Systems of Alabama65,426$11.4M0.04%−309−0.5%Reduced
Wealth High Governance Asset Management Ltda.61,026$10.6M1.90%+61,026New
Jane Street Group, LLC57,521$10.0M0.01%+55,248+2,430.6%Added
Franklin, Parlapiano, Turner & Welch, LLC52,129$9.90M2.46%−1,978−3.7%Reduced