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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
Avion Wealth2$00.00%−2−50.0%Reduced
Raleigh Capital Management Inc.0$120.00%0Unchanged
Quaker Wealth Management, LLC1$1750.00%00.0%Unchanged
TFC Financial Management1$1750.00%00.0%Unchanged
Dunhill Financial, LLC1$2350.00%+1New
Abound Wealth Management2$2880.00%+2New
Financial Management Professionals, Inc.2$3480.00%00.0%Unchanged
Rossby Financial, LCC2$3480.00%+2New
Turning Point Benefit Group, Inc.3$5220.00%00.0%Unchanged
Hughes Financial Services, LLC3$5230.00%−3−50.0%Reduced
Sachetta, LLC3$5230.00%00.0%Unchanged
Activest Wealth Management3$5230.00%+2+200.0%Added
Creative Financial Designs Inc5$8710.00%00.0%Unchanged
CVA Family Office, LLC5$8710.00%00.0%Unchanged
Rialto Wealth Management, LLC5$8710.00%+1+25.0%Added
Cornerstone Financial Management LLC5$8710.00%+5New
Harvest Fund Management Co., Ltd4$1.00K0.00%−101−96.2%Reduced
Bay Harbor Wealth Management, LLC7$1.22K0.00%+3+75.0%Added
SHP Wealth Management7$1.22K0.00%+7New
Optima Capital LLC7$1.22K0.00%+7New
West Branch Capital LLC7$1.22K0.00%00.0%Unchanged
Cromwell Holdings LLC8$1.39K0.00%00.0%Unchanged
Bare Financial Services, Inc8$1.39K0.00%+4+100.0%Added
Greenline Wealth Management LLC8$1.46K0.00%+8New
CoreCap Advisors, LLC9$1.57K0.00%+9New
True Wealth Design, LLC10$1.74K0.00%−4−28.6%Reduced
Manchester Capital Management LLC10$1.74K0.00%00.0%Unchanged
Keating Financial Advisory Services, Inc.10$1.74K0.00%+10New
Wealth Watch Advisors, INC11$1.92K0.00%+11New
First Command Advisory Services, Inc.12$2.09K0.00%+12New
DiNuzzo Private Wealth, Inc.12$2.09K0.00%−1−7.7%Reduced
SJS Investment Consulting Inc.12$2.09K0.00%+6+100.0%Added
HFM Investment Advisors, LLC13$2.27K0.00%+8+160.0%Added
Hollencrest Capital Management14$2.44K0.00%00.0%Unchanged
Tucker Asset Management LLC16$2.79K0.00%+16New
Optiver Holding B.V.17$2.96K0.00%−95−84.8%Reduced
First Pacific Financial17$2.98K0.00%−30−63.8%Reduced
Cape Investment Advisory, Inc.19$3.31K0.00%00.0%Unchanged
Private Wealth Management Group, LLC21$3.66K0.00%00.0%Unchanged
Motiv8 Investments LLC21$4.00K0.00%+21New
Essential Partners LLC23$4.01K0.00%−67−74.4%Reduced
Bellevue Asset Management, LLC24$4.18K0.00%00.0%Unchanged
Steigerwald, Gordon & Koch Inc.26$4.53K0.00%00.0%Unchanged
Retirement Wealth Solutions LLC26$4.55K0.00%00.0%Unchanged
PFS Partners, LLC26$4.56K0.00%00.0%Unchanged
Sound Income Strategies, LLC26$4.94K0.00%+26New
Sunbelt Securities, Inc.29$5.05K0.00%00.0%Unchanged
North Star Investment Management Corp.29$5.13K0.00%00.0%Unchanged
Washington Trust Advisors, Inc.31$5.36K0.00%−60−65.9%Reduced
Bravera Wealth31$5.40K0.00%+31New
International Assets Investment Management, LLC33$5.75K0.00%+33New
MPWM Advisory Solutions, LLC35$6.10K0.00%00.0%Unchanged
TD Capital Management LLC36$6.20K0.00%+1+2.9%Added
American National Bank36$6.27K0.00%+36New
TD Private Client Wealth LLC39$6.79K0.00%+5+14.7%Added
Westend Capital Management, LLC41$7.14K0.00%00.0%Unchanged
Salomon & Ludwin, LLC40$7.30K0.00%00.0%Unchanged
SBI Securities Co., Ltd.42$7.32K0.00%00.0%Unchanged
Farmers & Merchants Investments Inc44$7.66K0.00%00.0%Unchanged
Asset Dedication, LLC44$7.67K0.00%00.0%Unchanged
Millstone Evans Group, LLC46$8.01K0.00%00.0%Unchanged
Entrust Financial LLC46$8.01K0.01%+46New
Nvest Wealth Strategies, Inc.50$8.71K0.01%+50New
Basepoint Wealth LLC51$8.96K0.01%+51New
JFS Wealth Advisors, LLC55$9.58K0.00%+15+37.5%Added
Creative Capital Management Investments LLC57$9.93K0.00%+57New
Larson Financial Group LLC59$10.3K0.00%00.0%Unchanged
SageView Advisory Group, LLC62$10.8K0.00%+62New
Bogart Wealth, LLC64$11.1K0.00%−8−11.1%Reduced
Westfuller Advisors, LLC67$11.6K0.00%+1+1.5%Added
Key Financial Inc67$11.7K0.00%00.0%Unchanged
Dogwood Wealth Management LLC69$12.0K0.01%−4−5.5%Reduced
Pinnacle Wealth Planning Services, Inc.72$12.5K0.00%+72New
Wolff Wiese Magana LLC75$13.1K0.01%00.0%Unchanged
Paladin Partners, LLC77$13.4K0.01%+77New
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.78$13.8K0.00%00.0%Unchanged
Cresta Advisors, Ltd.83$14.5K0.01%+83New
Bell Investment Advisors, Inc88$15.3K0.00%00.0%Unchanged
Quent Capital, LLC92$16.0K0.00%−10−9.8%Reduced
Financial Network Wealth Advisors LLC92$16.1K0.02%−21−18.6%Reduced
DV Trading LLC98$17.1K0.00%+98New
Danske Bank A/S100$17.4K0.00%00.0%Unchanged
Toth Financial Advisory Corp100$17.4K0.00%+100New
HHM Wealth Advisors, LLC104$18.1K0.00%00.0%Unchanged
Rothschild Investment LLC105$18.3K0.00%−220−67.7%Reduced
Fortitude Family Office, LLC110$19.2K0.00%+1+0.9%Added
Annis Gardner Whiting Capital Advisors, LLC116$20.2K0.00%+86+286.7%Added
Massmutual Trust Co FSB135$23.5K0.00%−1−0.7%Reduced
FWL Investment Management, LLC138$24.0K0.01%00.0%Unchanged
Westside Investment Management, Inc.148$26.1K0.00%00.0%Unchanged
Flagship Harbor Advisors, LLC151$26.3K0.00%+151New
Root Financial Partners, LLC152$26.5K0.00%+1+0.7%Added
Golden State Wealth Management, LLC153$26.7K0.00%+26+20.5%Added
Oakworth Capital, Inc.165$28.7K0.00%+165New
Private Trust Co NA169$29.4K0.00%00.0%Unchanged
Ameliora Wealth Management Ltd.169$29.4K0.01%00.0%Unchanged
Nomura Asset Management Co Ltd170$29.6K0.00%00.0%Unchanged
Ameriflex Group, Inc.181$31.5K0.02%−181−50.0%Reduced
Clark Wealth Partners181$31.5K0.02%00.0%Unchanged
Trust Co of Toledo NA191$33.3K0.00%00.0%Unchanged