HNI CORP HNI
COM · Common Stock · CUSIP 404251100
American office furniture manufacturer
- SectorConsumer discretionary
- IndustryOffice Furniture (No Wood)
- HeadquartersMuscatine, IA
- Founded1944
- Websitehnicorp.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($991.7k this quarter). Holder counts are more reliable. Shares outstanding: 72.2m as of 2026-07-04, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $40.39. Options: 3 managers hold calls ($1.9m notional), 1 hold puts ($12.1k).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 165 |
| Q4 2022 | 172 |
| Q1 2023 | 176 |
| Q2 2023 | 173 |
| Q3 2023 | 189 |
| Q4 2023 | 213 |
| Q1 2024 | 229 |
| Q2 2024 | 219 |
| Q3 2024 | 241 |
| Q4 2024 | 229 |
| Q1 2025 | 252 |
| Q2 2025 | 251 |
| Q3 2025 | 282 |
| Q4 2025 | 304 |
| Q1 2026 | 283 |
| Q2 2026 | 274 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 119 | 104 |
| Q4 2024 | 111 | 110 |
| Q1 2025 | 120 | 109 |
| Q2 2025 | 118 | 135 |
| Q3 2025 | 162 | 107 |
| Q4 2025 | 207 | 104 |
| Q1 2026 | 144 | 158 |
| Q2 2026 | 138 | 145 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $3.8m | $477.9k | 0.13 |
| Q4 2025 | $1.1m | $3.6m | 3.44 |
| Q1 2026 | $0 | $0 | — |
| Q2 2026 | $1.9m | $12.1k | 0.01 |
Biggest buyers
| FMR LLC | Added | +2.8m |
| COOPER CREEK PARTNERS MANAGEMENT LLC | New | +897.0k |
| Nuveen, LLC | Added | +625.2k |
| ROYAL BANK OF CANADA | Added | +616.1k |
| BlackRock, Inc. | Added | +339.1k |
| Front Street Capital Management, Inc. | Added | +328.1k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Added | +239.9k |
| SG Capital Management LLC | New | +222.9k |
| Balyasny Asset Management L.P. | Added | +207.4k |
| Pillsbury Lake Capital LLC | Added | +191.6k |
Biggest sellers
| Boston Partners | Reduced | -843.9k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -422.9k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -422.0k |
| D. E. Shaw & Co., Inc. | Reduced | -271.0k |
| Bank of New York Mellon Corp | Reduced | -259.8k |
| BANK OF AMERICA CORP /DE/ | Reduced | -230.9k |
| Medina Value Partners, LLC | Reduced | -228.9k |
| UBS Group AG | Reduced | -199.9k |
| COOKE & BIELER LP | Reduced | -167.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -161.5k |
Biggest calls
| CITADEL ADVISORS LLC | New | $1.5m37.5k shares |
| JANE STREET GROUP, LLC | New | $300.7k7.4k shares |
| SIMPLEX TRADING, LLC | New | $97.0k2.4k shares |
Biggest puts
| SIMPLEX TRADING, LLC | New | $12.1k300 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| FMR LLC 13G · institution +3.9 pts · filed 2026-08-06 | 14.8% |
| BlackRock, Inc. 13G · institution filed 2025-07-17 | 14.4% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.4% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 3 | $1.5m | $1.5m |
| Q1 2025 | 0 | — | 1 | $134.4k | $134.4k |
| Q2 2025 | 0 | — | 2 | $167.8k | $167.8k |
| Q3 2025 | 0 | — | 2 | $103.0k | $103.0k |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 1 | $104.4k | $104.4k |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 1 | $4.6m | $4.6m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-28 | Lorenger Jeffrey D President & CEO, director | Sold plan | $75.2k1.5k shares |
| 2026-08-27 | Lorenger Jeffrey D President & CEO, director | Sold plan | $2.0m39.6k shares |
| 2026-08-26 | Lorenger Jeffrey D President & CEO, director | Sold plan | $375.9k7.5k shares |
| 2026-08-24 | Lorenger Jeffrey D President & CEO, director | Sold plan | $35.0k700 shares |
| 2026-08-03 | Lorenger Jeffrey D President & CEO, director | Sold plan | $2.2m45.9k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 10.7m $431.7m | Added +339.1k |
| FMR LLC 0.02% of their portfolio | 10.6m $429.7m | Added +2.8m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 4.8m $193.0m | Added +239.9k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 3.2m $130.0m | Added +183.3k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.08% of their portfolio | 2.9m $118.2m | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 2.8m $113.0m | Added +111.5k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 2.5m $103.0m | Reduced -422.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.3m $94.9m | Added +69.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.9m $75.9m | Added +142.0k |
| FIFTH THIRD BANCORP 0.10% of their portfolio | 1.5m $60.6m | Reduced -78.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.0m $42.4m | Reduced -83.9k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 940.1k $38.0m | Reduced -259.8k |
| MORGAN STANLEY 0.00% of their portfolio | 919.6k $37.2m | Added +174.8k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 907.2k $36.7m | Added +2.0k |
| COOPER CREEK PARTNERS MANAGEMENT LLC 1.51% of their portfolio | 897.0k $36.2m | New |
| Nuveen, LLC 0.01% of their portfolio | 844.0k $34.1m | Added +625.2k |
| COOKE & BIELER LP 0.37% of their portfolio | 799.0k $32.3m | Reduced -167.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 664.2k $26.8m | Added +616.1k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.50% of their portfolio | 620.3k $25.1m | Added +48.3k |
| Front Street Capital Management, Inc. 2.66% of their portfolio | 580.6k $23.5m | Added +328.1k |
| LONE PEAK GLOBAL INVESTORS LLC 2.98% of their portfolio | 536.7k $21.7m | Reduced -11.0k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 466.9k $18.9m | Added +4.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 419.5k $17.0m | Added +6.2k |
| Pillsbury Lake Capital LLC 4.58% of their portfolio | 412.8k $16.7m | Added +191.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 411.8k $16.6m | Added +102.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 389.1k $15.7m | Reduced -230.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 377.0k $15.2m | Reduced -43.6k |
| Invesco Ltd. 0.00% of their portfolio | 358.9k $14.5m | Reduced -4.7k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 313.1k $12.7m | Reduced -422.0k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 299.0k $12.1m | Added +171.1k |
| BARCLAYS PLC 0.00% of their portfolio | 292.1k $11.8m | Reduced -116.0k |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 287.9k $11.6m | Added +207.4k |
| Medina Value Partners, LLC 2.01% of their portfolio | 253.5k $10.2m | Reduced -228.9k |
| Public Sector Pension Investment Board 0.03% of their portfolio | 239.9k $9.7m | Reduced -8.3k |
| SG Capital Management LLC 0.82% of their portfolio | 222.9k $9.0m | New |
| CRAWFORD INVESTMENT COUNSEL INC 0.15% of their portfolio | 222.2k $9.0m | Added +11.4k |
| ProShare Advisors LLC 0.01% of their portfolio | 211.6k $8.5m | Added +51.0k |
| Douglas Lane & Associates, LLC 0.11% of their portfolio | 206.8k $8.4m | Added +64.5k |
| Conversant Capital LLC 0.88% of their portfolio | 185.0k $7.5m | New |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 176.8k $7.1m | Reduced -13.4k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 173.6k $6.9m | Added +12.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 168.8k $6.8m | Reduced -5.3k |
| Legal & General Group Plc 0.00% of their portfolio | 158.5k $6.4m | Reduced -6.7k |
| UBS Group AG 0.00% of their portfolio | 143.2k $5.8m | Reduced -199.9k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 136.6k $5.5m | Reduced -13.3k |
| Swiss National Bank 0.00% of their portfolio | 135.8k $5.5m | Added +1.0k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.35% of their portfolio | 119.2k $4.8m | Added +49.6k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 117.4k $4.7m | Reduced -271.0k |
| Bastion Asset Management Inc. 1.30% of their portfolio | 103.7k $3.8m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 101.4k $4.1m | Added +35.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 100.0k $4.0m | Added +15.0k |
| Burnham & Co LLC 3.25% of their portfolio | 99.6k $4.0m | First filing |
| SEB Asset Management AB 0.01% of their portfolio | 98.1k $4.0m | Reduced -32.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 96.9k $4.0m | Reduced -11.5k |
| Atom Investors LP 0.34% of their portfolio | 93.9k $3.8m | Added +27.8k |
| Mariner, LLC 0.00% of their portfolio | 89.5k $3.6m | Reduced -4.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 88.8k $3.0m | Added +10.5k |
| Boston Partners 0.00% of their portfolio | 87.0k $3.5m | Reduced -843.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 77.6k $3.1m | Reduced -2.2k |
| BESSEMER GROUP INC 0.00% of their portfolio | 76.8k $3.1m | Added +535 |
| S.A. Mason LLC 0.94% of their portfolio | 76.0k $3.1m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 75.0k $3.0m | Reduced -11.8k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 74.1k $3.0m | Added +13.6k |
| EARNEST PARTNERS LLC 0.01% of their portfolio | 73.0k $3.0m | Reduced -6.1k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 72.9k $2.9m | Added +379 |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 72.3k $2.9m | Reduced -66.3k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 66.9k $2.7m | Added +3.9k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 65.3k $2.6m | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 64.6k $2.6m | Added +1.4k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.05% of their portfolio | 64.2k $2.6m | Added +7.4k |
| OXFORD FINANCIAL GROUP, LTD. LLC 0.13% of their portfolio | 63.7k $2.6m | Added +375 |
| Creative Planning 0.00% of their portfolio | 62.8k $2.5m | Added +20.3k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 62.5k $2.5m | New |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 60.4k $2.4m | Added +27.4k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 58.9k $2.4m | Reduced -14.9k |
| GRACE & WHITE INC /NY 0.37% of their portfolio | 58.5k $2.4m | Added +19.6k |
| DMKC Advisory Services, LLC 0.45% of their portfolio | 58.3k $2.4m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 56.2k $2.3m | Added +3.5k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 55.1k $2.2m | Added +508 |
| IRONWOOD INVESTMENT MANAGEMENT LLC 0.73% of their portfolio | 52.0k $2.1m | New |
| XTX Topco Ltd 0.03% of their portfolio | 49.2k $2.0m | Added +39.4k |
| Rehmann Capital Advisory Group 0.09% of their portfolio | 46.3k $1.9m | Added +25.0k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 46.0k $1.9m | Reduced -5.7k |
| Polaris Capital Management, LLC 0.17% of their portfolio | 44.5k $1.8m | Added +5.1k |
| SAPIENT CAPITAL LLC 0.02% of their portfolio | 44.1k $1.8m | Unchanged |
| MetLife Investment Management, LLC 0.01% of their portfolio | 42.2k $1.7m | Added +3.8k |
| CITIGROUP INC 0.00% of their portfolio | 41.3k $1.7m | Added +25.9k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 40.0k $1.6m | Added +650 |
| VARCOV Co. 0.58% of their portfolio | 37.9k $1.5m | New |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 37.4k $1.5m | Reduced -11.4k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 36.7k $1.5m | Reduced -8.2k |
| Illinois Municipal Retirement Fund 0.02% of their portfolio | 35.9k $1.5m | Reduced -2.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 34.6k $1.4m | Added +7.5k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 33.3k $1.3m | Added +299 |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 32.4k $1.3m | Reduced -4.6k |
| Jupiter Topco LLC 0.00% of their portfolio | 31.9k $1.3m | First filing |
| Louisiana State Employees Retirement System 0.02% of their portfolio | 30.6k $1.2m | Reduced -200 |
| Curi Capital, LLC 0.02% of their portfolio | 30.4k $1.2m | New |
| Larson Financial Group LLC 0.03% of their portfolio | 28.6k $1.2m | Unchanged |
| NICOLET BANKSHARES INC 0.04% of their portfolio | 28.1k $1.1m | Reduced -1.6k |