Mar 31, 2026 filings. Quarterly 13F reports arrive up to 45 days after quarter end; this register is filed through May 29, 2026.
523 institutional managers reported holding HLI for the quarter ended Mar 31, 2026. Together they hold about 80% of shares outstanding; the top 10 hold 36%. 65 opened new positions; 108 closed out. Complete ranked register from SEC 13F filings.
| manager | shares | % out | value (Mar 31, 2026 close) | change | held since |
|---|---|---|---|---|---|
| Vanguard Group | 5.64M | 8.24% | $809.2M | added +7.1% | 2015 Q3 |
| BlackRock | 5.28M | 7.72% | $757.7M | added +0.8% | 2015 Q3 |
| Kayne Anderson Rudnick Investment Management LLC | 2.64M | 3.86% | $379.1M | trimmed -4.7% | 2017 Q4 |
| Earnest Partners LLC | 2.23M | 3.26% | $319.8M | trimmed -2.7% | 2018 Q2 |
| Royal Bank OF Canada | 1.75M | 2.56% | $251.3M | added +2.8% | 2015 Q3 |
| State Street | 1.69M | 2.48% | $243.0M | trimmed -0.6% | 2015 Q3 |
| Morgan Stanley | 1.59M | 2.33% | $228.4M | added +189.3% | 2015 Q3 |
| Wellington Management | 1.36M | 1.99% | $195.3M | added +6% | 2022 Q4 |
| Geode Capital | 1.35M | 1.98% | $193.9M | trimmed -4.7% | 2015 Q3 |
| Capital Research Global Investors | 1.31M | 1.92% | $188.6M | added +36.6% | 2025 Q1 |
| Bank OF Montreal /CAN/ | 1.15M | 1.68% | $165.0M | trimmed -4.2% | 2018 Q2 |
| Mayflower Financial Advisors, LLC | 1.12M | 1.64% | $161.0M | unchanged | 2025 Q3 |
| Bamco INC /NY/ | 1.06M | 1.55% | $152.3M | trimmed -5.6% | 2017 Q4 |
| Bank OF America CORP /DE/ | 950.9k | 1.39% | $136.4M | unchanged | 2015 Q3 |
| FMR (Fidelity) | 856.0k | 1.25% | $122.8M | trimmed -23.9% | 2016 Q2 |
| Fiduciary Management INC /WI/ | 803.6k | 1.17% | $115.3M | added +15.2% | 2019 Q4 |
| Champlain Investment Partners, LLC | 717.7k | 1.05% | $103.0M | added +56.3% | 2025 Q1 |
| Raymond James Financial INC | 701.6k | 1.02% | $100.7M | trimmed -11.9% | 2017 Q4 |
| SEI Investments CO | 689.5k | 1.01% | $98.9M | unchanged | 2019 Q1 |
| Clearbridge Investments, LLC | 625.2k | 0.91% | $89.7M | added +9.9% | 2021 Q1 |
| Goldman Sachs | 623.7k | 0.91% | $89.5M | added +14.5% | 2016 Q2 |
| Dimensional Fund Advisors | 616.5k | 0.90% | $88.5M | added +15.2% | 2017 Q1 |
| Neuberger Berman Group LLC | 610.9k | 0.89% | $87.7M | trimmed -2.8% | 2017 Q1 |
| Westfield Capital Management CO LP | 543.6k | 0.79% | $78.0M | added +4.5% | 2025 Q1 |
| UBS | 534.0k | 0.78% | $76.6M | added +36.6% | 2015 Q3 |
| Northern Trust | 526.7k | 0.77% | $75.6M | added +3.3% | 2015 Q3 |
| Citadel Advisors | 488.2k | 0.71% | $70.0M | added +627.7% | 2021 Q2 |
| Invesco | 474.8k | 0.69% | $68.1M | trimmed -37.6% | 2016 Q1 |
| Jennison Associates LLC | 468.6k | 0.69% | $67.2M | trimmed -20.3% | 2019 Q1 |
| Charles Schwab Investment Management | 452.6k | 0.66% | $64.9M | added +7.2% | 2015 Q4 |
| BNY Mellon | 420.6k | 0.61% | $60.4M | trimmed -0.9% | 2015 Q3 |
| Van Berkom & Associates INC. | 406.0k | 0.59% | $58.3M | added +7.6% | 2019 Q1 |
| AQR Capital | 399.3k | 0.58% | $57.3M | added +5.2% | 2017 Q1 |
| Nomura Asset Management International INC. | 379.2k | 0.55% | $54.4M | trimmed -2% | 2025 Q4 |
| Fiera Capital CORP | 361.6k | 0.53% | $51.9M | added +2.6% | 2021 Q4 |
| Natixis Advisors, LLC | 358.5k | 0.52% | $51.4M | added +7.8% | 2018 Q1 |
| Gw&k Investment Management, LLC | 354.1k | 0.52% | $50.8M | trimmed -0.6% | 2018 Q3 |
| Thrivent Financial for Lutherans | 349.8k | 0.51% | $50.2M | trimmed -50.7% | 2015 Q4 |
| Wells Fargo & COMPANY/MN | 346.4k | 0.51% | $49.7M | trimmed -12.1% | 2015 Q3 |
| Envestnet Asset Management INC | 329.4k | 0.48% | $47.3M | trimmed -4.1% | 2016 Q4 |
| Jones Financial Companies Lllp | 297.5k | 0.43% | $42.7M | added +4700.4% | 2023 Q3 |
| Caisse de depot et placement du Quebec | 272.1k | 0.40% | $39.0M | added +16.2% | 2025 Q2 |
| Handelsbanken Fonder AB | 260.6k | 0.38% | $37.4M | trimmed -16.9% | 2020 Q2 |
| Schroder Investment Management Group | 258.2k | 0.38% | $37.1M | added +14.6% | 2017 Q3 |
| Woodley Farra Manion Portfolio Management INC | 257.7k | 0.38% | $37.0M | unchanged | 2020 Q2 |
| Qube Research & Technologies LTD | 255.2k | 0.37% | $36.6M | added +46.6% | 2024 Q1 |
| Vaughan Nelson Investment Management, L.p. | 248.8k | 0.36% | $35.7M | opened | 2026 Q1 |
| BNP Paribas Financial Markets | 246.0k | 0.36% | $35.3M | added +165% | 2015 Q3 |
| Eventide Asset Management, LLC | 236.1k | 0.34% | $33.9M | added +0.7% | 2023 Q3 |
| Congress Asset Management CO | 233.0k | 0.34% | $33.4M | trimmed -12.6% | 2025 Q1 |
Largest 50 of 523 shown; the full ranked, searchable register is at boothcheck.com/holders/HLI. Related filers are grouped using the filings' own included-manager declarations. Historically, several managers opening new positions in the same quarter said almost nothing about the quarter that followed (59,118 cases since 2013). A filed record, not a forecast. Nothing here is investment advice.