Heritage Global Inc. (HGBL) Institutional Ownership

Institutions by Trading Activity

Ownership Statistics

30,830,000Shares Outstanding

2,817,269Shares held by institutions

$3,634,277Value of institutional holdings

42.97%Institutional ownership %

3.81%Shares Changed QoQ

39No. of institutional investors

Shares Owned by Institutions

Shares Purchased/Sold by Institutions

Ownership Summary

According to SEC filings for the period ending December 2025, Heritage Global Inc. (NASDAQ:HGBL) is held by 39 institutional firms.

The collective stake of institutional investors in Heritage Global moved to 43.0% in December 2025, a shift up from the 42.7% reported for September 2025.
In percentage terms, this reflects as a holdings change of 3.81% quarter on quarter, and an increase of 2.63% year over year.
The latest 13F cycle for Heritage Global reveals that of 39 total investors, 21 funds grew their exposure, whereas 8 reduced theirs and 10 made no changes.
The total number of shares held by institutions in Heritage Global increased to 13.25Mn as of December 2025, a net change of up by 485.99K shares quarter on quarter, and down 343.42K shares year over year.
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. continues to be the largest institutional holder of Heritage Global as of December 31, 2025, with a position of 2.38Mn shares, representing 7.73% of the company's outstanding stock.
Among the most significant buyers of Heritage Global during December 2025 were Rothschild Wealth LLC (360.87K), Topline Capital Management, LLC (172.46K), Mink Brook Asset Management LLC (146.62K), PERRITT CAPITAL MANAGEMENT INC (65.00K), SUSQUEHANNA INTERNATIONAL GROUP, LLP (48.10K).
Leading sellers of Heritage Global stock in December 2025 included WYNNEFIELD CAPITAL INC (321.60K), PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. (90.58K), DIMENSIONAL FUND ADVISORS LP (62.70K), CITADEL ADVISORS LLC (13.16K), Heron Bay Capital Management (2.79K).
The top 10 institutional holders of Heritage Global for the quarter ending December 2025 included PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. (2.38Mn), Mink Brook Asset Management LLC (2.03Mn), VANGUARD GROUP INC (1.87Mn), Topline Capital Management, LLC (1.85Mn), Truffle Hound Capital, LLC (1.10Mn), Koshinski Asset Management, Inc. (917.30K), Militia Capital Partners, LP (563.87K), RENAISSANCE TECHNOLOGIES LLC (377.52K), PERRITT CAPITAL MANAGEMENT INC (360.87K), Rothschild Wealth LLC (360.87K).

39 Institutional Holders

2,817,269 Total Shares Held

Rows:

Download Data

Owner Name	Date	Shares Held	Change (QoQ)	Change (%)	Value (USD)
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.	31 Dec, 2025	2,384,652	-90,576	-3.66%	$2,956,968.00
Mink Brook Asset Management LLC	31 Dec, 2025	2,028,844	146,622	7.79%	$2,515,767.00
VANGUARD GROUP INC	31 Dec, 2025	1,874,040	14,013	0.75%	$2,323,811.00
Topline Capital Management, LLC	31 Dec, 2025	1,850,964	172,457	10.27%	$2,295,195.00
Truffle Hound Capital, LLC	31 Dec, 2025	1,100,000	0	0.00%	$1,364,000.00
Koshinski Asset Management, Inc.	31 Dec, 2025	917,304	0	0.00%	$1,137,457.00
Militia Capital Partners, LP	31 Dec, 2025	563,873	0	0.00%	$699,203.00
RENAISSANCE TECHNOLOGIES LLC	31 Dec, 2025	377,517	6,185	1.67%	$468,121.00
PERRITT CAPITAL MANAGEMENT INC	31 Dec, 2025	360,866	65,000	21.97%	$447,474.00
Rothschild Wealth LLC	31 Dec, 2025	360,866	360,866	0.00%	$447,474.00
GEODE CAPITAL MANAGEMENT, LLC	31 Dec, 2025	360,176	2,402	0.67%	$446,721.00
DIMENSIONAL FUND ADVISORS LP	31 Dec, 2025	209,612	-62,705	-23.03%	$259,964.00
BlackRock, Inc.	31 Dec, 2025	139,954	3,270	2.39%	$173,543.00
STATE STREET CORP	31 Dec, 2025	116,566	0	0.00%	$144,542.00
SUSQUEHANNA INTERNATIONAL GROUP, LLP	31 Dec, 2025	90,836	48,098	112.54%	$112,637.00
WYNNEFIELD CAPITAL INC	31 Dec, 2025	79,426	-321,604	-80.19%	$98,488.00
CITADEL ADVISORS LLC	31 Dec, 2025	60,303	-13,162	-17.92%	$74,776.00
Man Group plc	31 Dec, 2025	59,290	0	0.00%	$73,520.00
GOLDMAN SACHS GROUP INC	31 Dec, 2025	49,951	11,512	29.95%	$61,939.00
NORTHERN TRUST CORP	31 Dec, 2025	36,865	0	0.00%	$45,713.00

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