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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
Eurizon Capital SGR S.p.A.190$33.4K0.00%+190New
UMA Financial Services, Inc.207$36.1K0.01%−5−2.4%Reduced
Quest Partners LLC208$36.2K0.00%−186−47.2%Reduced
Cornerstone Planning Group LLC202$36.5K0.01%+1+0.5%Added
CBIZ Investment Advisory Services, LLC215$37.5K0.00%00.0%Unchanged
Bartlett & Co. Wealth Management LLC217$37.8K0.00%00.0%Unchanged
TCTC Holdings, LLC232$40.4K0.00%00.0%Unchanged
Atlantic Edge Private Wealth Management, LLC235$40.9K0.01%+235New
SRS Capital Advisors, Inc.263$45.8K0.00%−1,729−86.8%Reduced
Parkside Financial Bank & Trust268$46.7K0.00%−40−13.0%Reduced
CIBC Private Wealth Group, LLC277$48.3K0.00%+177+177.0%Added
Thurston, Springer, Miller, Herd & Titak, Inc.334$58.2K0.02%+334New
Emerald Advisers, LLC345$60.1K0.00%00.0%Unchanged
Farther Finance Advisors, LLC360$62.7K0.00%−107−22.9%Reduced
Versant Capital Management, Inc378$65.8K0.01%+2+0.5%Added
Cullen/Frost Bankers, Inc.400$69.7K0.00%00.0%Unchanged
Anchor Investment Management, LLC450$78.4K0.01%00.0%Unchanged
Quarry LP518$90.2K0.01%+518New
Wellington Grp LLC530$92.3K0.03%+530New
Park Place Capital Corp556$96.8K0.02%+9+1.6%Added
Signaturefd, LLC605$105.4K0.00%−54−8.2%Reduced
Stephenson National Bank & Trust626$109.0K0.03%−487−43.8%Reduced
MAI Capital Management765$133.3K0.00%+52+7.3%Added
Bayforest Capital Ltd792$138.0K0.10%−103−11.5%Reduced
Brown Brothers Harriman & Co816$142.1K0.00%−492−37.6%Reduced
Allworth Financial LP855$148.9K0.00%−150−14.9%Reduced
AlphaCentric Advisors LLC863$150.3K0.15%+863New
AdvisorNet Financial, Inc875$152.4K0.01%+17+2.0%Added
Aster Capital Management (DIFC) Ltd960$167.2K0.07%−1,489−60.8%Reduced
Sankala Group LLC1,034$169.4K0.14%+1,034New
Caitong International Asset Management Co., Ltd983$171.2K0.04%+983New
Parallel Advisors, LLC995$173.3K0.00%+10+1.0%Added
Smartleaf Asset Management LLC1,119$196.8K0.01%−56−4.8%Reduced
Horizon Investments, LLC1,133$197.4K0.00%−27,453−96.0%Reduced
Huntington National Bank1,156$201.4K0.00%+60+5.5%Added
Profund Advisors LLC1,165$202.9K0.01%−105−8.3%Reduced
Equitable Holdings, Inc.1,169$203.6K0.00%+1,169New
Fourth Dimension Wealth, LLC1,175$204.6K0.07%−23−1.9%Reduced
Johnson Investment Counsel Inc1,191$207.5K0.00%00.0%Unchanged
Bessemer Group Inc1,189$208.0K0.00%−481−28.8%Reduced
OneAscent Financial Services LLC1,195$208.2K0.02%+1,195New
Bannerstone Capital Management, LLC1,197$208.4K0.20%+1,197New
Resources Investment Advisors, LLC.1,200$209.1K0.00%−14−1.2%Reduced
Sagespring Wealth Partners, LLC1,200$209.1K0.00%−81−6.3%Reduced
Independent Advisor Alliance1,220$212.5K0.01%+43+3.7%Added
OneAscent Family Office, LLC1,223$213.0K0.14%−5−0.4%Reduced
Martingale Asset Management L P1,223$213.0K0.01%−310−20.2%Reduced
Meeder Advisory Services, Inc.1,250$217.7K0.01%+17+1.4%Added
Blair William & Co1,260$219.5K0.00%+37+3.0%Added
Voya Financial Advisors, Inc.1,237$219.5K0.02%−87−6.6%Reduced
Meiji Yasuda Asset Management Co Ltd.1,263$220.0K0.01%00.0%Unchanged
denkapparat Operations GmbH1,270$221.2K0.12%00.0%Unchanged
PFW Advisors LLC1,283$223.5K0.07%−119−8.5%Reduced
Evergreen Capital Management LLC1,288$224.4K0.01%−605−32.0%Reduced
National Bank of Canada1,292$224.9K0.00%+1,292New
Blueshift Asset Management, LLC1,294$225.4K0.07%+1,294New
Covestor Ltd1,305$227.0K0.12%−52−3.8%Reduced
Jefferies Financial Group Inc.1,317$229.4K0.00%−61−4.4%Reduced
OneAscent Wealth Management LLC1,323$230.5K0.08%−296−18.3%Reduced
Clearstead Advisors, LLC1,343$233.9K0.00%+945+237.4%Added
Diversify Wealth Management, LLC1,297$234.2K0.01%+12+0.9%Added
Merit Financial Group, LLC1,347$234.7K0.00%−766−36.3%Reduced
Forum Financial Management, LP1,352$235.5K0.00%−20−1.5%Reduced
Okabena Investment Services Inc1,382$240.7K0.05%00.0%Unchanged
Lido Advisors, LLC1,207$243.7K0.00%+126+11.7%Added
111 Capital1,402$244.2K0.05%+1,402New
Journey Retirement Planning & Investment Management LLC1,413$246.4K0.05%+1,413New
FourThought Financial Partners, LLC1,418$247.1K0.02%−35−2.4%Reduced
Nisa Investment Advisors, LLC1,447$252.1K0.00%+4+0.3%Added
Riverwater Partners LLC1,460$254.3K0.10%+2+0.1%Added
Warren Averett Asset Management, LLC1,467$255.5K0.00%+1,467New
Allspring Global Investments Holdings, LLC1,407$258.4K0.00%+1,407New
Two Sigma Securities, LLC1,490$259.5K0.04%+1,490New
HB Wealth Management, LLC1,494$260.2K0.00%+327+28.0%Added
Marex Group plc1,502$261.6K0.00%+1,502New
Intech Investment Management LLC1,520$264.8K0.00%−8,498−84.8%Reduced
Ausdal Financial Partners, Inc.1,529$266.4K0.01%+463+43.4%Added
Ritholtz Wealth Management1,548$269.6K0.00%+157+11.3%Added
Fifth Third Wealth Advisors LLC1,553$270.5K0.01%+3+0.2%Added
KBC Group NV1,557$271.0K0.00%00.0%Unchanged
Evoke Wealth, LLC1,563$272.3K0.01%−161−9.3%Reduced
Advyzon Investment Management, LLC1,569$273.3K0.03%+510+48.2%Added
Infrastructure Capital Advisors, LLC1,572$273.8K0.03%00.0%Unchanged
Serenus Wealth Advisors, LLC1,610$280.4K0.05%00.0%Unchanged
Skopos Labs, Inc.1,608$285.2K0.01%+1,608New
Arkadios Wealth Advisors1,643$286.1K0.01%+203+14.1%Added
CIBC Asset Management Inc1,644$286.4K0.00%00.0%Unchanged
Mitsubishi UFJ Trust & Banking Corp1,644$286.4K0.00%+1,644New
Fedenia Advisers LLC1,651$287.6K0.11%+17+1.0%Added
Vestmark Advisory Solutions, Inc.1,661$289.4K0.00%−982−37.2%Reduced
AlTi Global, Inc.1,677$292.1K0.01%+1,677New
IFP Advisors, Inc1,694$295.1K0.01%+72+4.4%Added
SFMG, LLC1,716$298.9K0.02%00.0%Unchanged
Hamilton Capital Partners Inc.1,730$301.3K0.01%+62+3.7%Added
Trajan Wealth LLC1,738$302.7K0.01%−94−5.1%Reduced
Global Retirement Partners, LLC1,741$303.3K0.01%+329+23.3%Added
Legato Capital Management LLC1,750$304.8K0.03%+1,750New
Axxcess Wealth Management, LLC1,761$306.7K0.01%−1,176−40.0%Reduced
Brown Miller Wealth Management, LLC1,761$306.7K0.08%+41+2.4%Added
Cassaday & Co Wealth Management LLC1,770$308.3K0.01%−36−2.0%Reduced