Vault-13

HEIDRICK & STRUGGLES INTL IN HSII

COM · Common Stock · CUSIP 422819102

214 institutional holders +5 vs Q2 2025
19,823,77919.8m shares reported held*
$986.4mreported value*
27 new 73 added 81 reduced 20 sold out net bought ≈ $14.6m (+294.3k shares)

* 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 ($10.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $49.76. Options: 2 managers hold calls ($283.7k notional), 0 hold puts (—).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 173Q4 22: 172Q1 23: 174Q2 23: 163Q3 23: 160Q4 23: 176Q1 24: 176Q2 24: 169Q3 24: 182Q4 24: 192Q1 25: 209Q2 25: 209Q3 25: 214214Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022173
Q4 2022172
Q1 2023174
Q2 2023163
Q3 2023160
Q4 2023176
Q1 2024176
Q2 2024169
Q3 2024182
Q4 2024192
Q1 2025209
Q2 2025209
Q3 2025214

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 23: 82 bought or addedQ4 23: 78 cut or sold outQ1 24: 71 bought or addedQ1 24: 95 cut or sold outQ1 24Q2 24: 75 bought or addedQ2 24: 96 cut or sold outQ3 24: 94 bought or addedQ3 24: 72 cut or sold outQ3 24Q4 24: 84 bought or addedQ4 24: 81 cut or sold outQ1 25: 83 bought or addedQ1 25: 100 cut or sold outQ1 25Q2 25: 116 bought or addedQ2 25: 84 cut or sold outQ3 25: 100 bought or addedQ3 25: 101 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20238278
Q1 20247195
Q2 20247596
Q3 20249472
Q4 20248481
Q1 202583100
Q2 202511684
Q3 2025100101

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100k$200k$300k$400kQ4 24 calls: $168.4kQ4 24 puts: $35.2kQ4 24P/C 0.21Q1 25 calls: $329.8kQ1 25 puts: $227.0kQ1 25P/C 0.69Q2 25 calls: $9.2kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $283.7kQ3 25 puts: $0Q3 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2024$168.4k$35.2k0.21
Q1 2025$329.8k$227.0k0.69
Q2 2025$9.2k$00.00
Q3 2025$283.7k$00.00

Biggest buyers

JPMORGAN CHASE & CO Added +452,773+452.8k
Point72 Asset Management, L.P. Added +187,294+187.3k
Assenagon Asset Management S.A. New +101,339+101.3k
AMERICAN CENTURY COMPANIES INC Added +82,633+82.6k
MILLENNIUM MANAGEMENT LLC Added +74,716+74.7k
Cubist Systematic Strategies, LLC Added +60,931+60.9k
JANE STREET GROUP, LLC Added +58,185+58.2k
Qube Research & Technologies Ltd Added +41,374+41.4k
TEACHER RETIREMENT SYSTEM OF TEXAS Added +40,817+40.8k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +30,522+30.5k

Biggest sellers

Invenomic Capital Management LP Reduced -168,080-168.1k
Pacer Advisors, Inc. Sold out -126,220-126.2k
DIMENSIONAL FUND ADVISORS LP Reduced -109,987-110.0k
Allianz Asset Management GmbH Reduced -100,006-100.0k
BlackRock, Inc. Reduced -96,940-96.9k
CITADEL ADVISORS LLC Reduced -52,022-52.0k
MORGAN STANLEY Reduced -45,429-45.4k
AXA S.A. Sold out -40,802-40.8k
BRIDGEWAY CAPITAL MANAGEMENT, LLC Reduced -35,684-35.7k
Empowered Funds, LLC Reduced -30,907-30.9k

Biggest calls

CITADEL ADVISORS LLC New $273.7k5.5k shares
GROUP ONE TRADING LLC Unchanged $10.0k200 shares

Biggest puts

None

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.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution filed 2025-04-30 15.8% 3.2m 2025-04-30
MAK CAPITAL ONE LLC 13D · may seek influence +0.5 pts · filed 2025-11-05
Stated purposeThe Shares reported herein as being beneficially owned by the Reporting Persons were acquired for investment purposes. The response to Item 6 below is incorporated herein by reference. Full filing
 5.8% +0.5 pts 1.2m 2025-11-05

Fell to 5% or below in the last year: RENAISSANCE TECHNOLOGIES LLC (0.0%, 2026-02-12), DIMENSIONAL FUND ADVISORS LP (0.0%, 2026-01-21)

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,287,0863.3m $163.6m $163.6m 0.00% Reduced -96.9k -96,940
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,536,0681.5m $76.5m $76.5m 0.00% Added +9.3k +9,349
3 MAK CAPITAL ONE LLC 12.05% of their portfolio NEW YORK, NY 1,213,7621.2m $60.4m $60.4m 12.05% Added +2.3k +2,264
4 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 1,120,6771.1m $55.8m $55.8m 0.01% Reduced -110.0k -109,987
5 RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio NEW YORK, NY 1,096,3401.1m $54.6m $54.6m 0.07% Reduced -5.4k -5,400
6 Corvex Management LP 1.79% of their portfolio NEW YORK, NY 1,002,4621.0m $49.9m $49.9m 1.79% Unchanged
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 788,495788.5k $39.2m $39.2m 0.00% Added +144 +144
8 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 672,996673.0k $33.5m $33.5m 0.00% Added +452.8k +452,773
9 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 635,768635.8k $31.6m $31.6m 0.02% Added +82.6k +82,633
10 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 547,563547.6k $27.3m $27.3m 0.00% Added +6.2k +6,167
11 SYSTEMATIC FINANCIAL MANAGEMENT LP 0.60% of their portfolio TEANECK, NJ 496,558496.6k $24.7m $24.7m 0.60% Reduced -1.6k -1,602
12 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 421,601421.6k $21.0m $21.0m 0.00% Reduced -934 -934
13 LSV ASSET MANAGEMENT 0.03% of their portfolio CHICAGO, IL 291,602291.6k $14.5m $14.5m 0.03% Reduced -10.5k -10,544
14 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 276,542276.5k $13.8m $13.8m 0.00% Added +30.5k +30,522
15 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio Los Angeles, CA 259,554259.6k $12.9m $12.9m 0.04% Added +24.9k +24,893
16 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 237,671237.7k $11.8m $11.8m 0.01% Reduced -100.0k -100,006
17 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 237,008237.0k $11.8m $11.8m 0.02% Added +41.4k +41,374
18 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 234,861234.9k $11.7m $11.7m 0.00% Reduced -6.1k -6,127
19 Point72 Asset Management, L.P. 0.02% of their portfolio STAMFORD, CT 223,004223.0k $11.1m $11.1m 0.02% Added +187.3k +187,294
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 213,848213.8k $10.6m $10.6m 0.00% Reduced -45.4k -45,429
21 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 206,662206.7k $10.3m $10.3m 0.01% Added +74.7k +74,716
22 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 206,432206.4k $10.3m $10.3m 0.00% Reduced -3.6k -3,573
23 Applied Fundamental Research, LLC 8.44% of their portfolio CAMBRIDGE, MA 174,612174.6k $8.7m $8.7m 8.44% Reduced -2.4k -2,376
24 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.18% of their portfolio HOUSTON, TX 169,668169.7k $8.4m $8.4m 0.18% Reduced -35.7k -35,684
25 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 168,207168.2k $8.4m $8.4m 0.00% Added +22.7k +22,703
26 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 164,087164.1k $8.2m $8.2m 0.00% Reduced -8.8k -8,833
27 JACOBS LEVY EQUITY MANAGEMENT, INC 0.03% of their portfolio FLORHAM PARK, NJ 157,328157.3k $7.8m $7.8m 0.03% Added +420 +420
28 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 153,086153.1k $7.6m $7.6m 0.00% Reduced -10.6k -10,590
29 Hillsdale Investment Management Inc. 0.23% of their portfolio Toronto, A6 150,200150.2k $7.5m $7.5m 0.23% Added +8.0k +8,000
30 Empowered Funds, LLC 0.07% of their portfolio NEWTOWN SQUARE, PA 138,248138.2k $6.9m $6.9m 0.07% Reduced -30.9k -30,907
31 GLOBAL VALUE INVESTMENT CORP. 10.91% of their portfolio MILWAUKEE, WI 134,750134.8k $6.7m $6.7m 10.91% Reduced -490 -490
32 Robeco Institutional Asset Management B.V. 0.01% of their portfolio ROTTERDAM, P7 117,663117.7k $5.9m $5.9m 0.01% Reduced -3.4k -3,353
33 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 113,340113.3k $5.6m $5.6m 0.00% Reduced -12.1k -12,067
34 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 113,323113.3k $5.6m $5.6m 0.00% Reduced -14.6k -14,574
35 Assenagon Asset Management S.A. 0.01% of their portfolio SENNINGERBERG, N4 101,339101.3k $5.0m $5.0m 0.01% New
36 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 100,108100.1k $5.0m $5.0m 0.00% Reduced -13.0k -12,973
37 Cubist Systematic Strategies, LLC 0.07% of their portfolio STAMFORD, CT 98,03998.0k $4.9m $4.9m 0.07% Added +60.9k +60,931
38 Invenomic Capital Management LP 0.23% of their portfolio BOSTON, MA 88,17688.2k $4.4m $4.4m 0.23% Reduced -168.1k -168,080
39 Boston Partners 0.00% of their portfolio BOSTON, MA 88,09388.1k $4.2m $4.2m 0.00% Added +7.2k +7,185
40 ROYCE & ASSOCIATES LP 0.04% of their portfolio New York, NY 85,73285.7k $4.3m $4.3m 0.04% Added +18.5k +18,488
41 Public Sector Pension Investment Board 0.01% of their portfolio MONTREAL, A8 80,92580.9k $4.0m $4.0m 0.01% Reduced -3.4k -3,422
42 TEACHER RETIREMENT SYSTEM OF TEXAS 0.02% of their portfolio AUSTIN, TX 77,10577.1k $3.8m $3.8m 0.02% Added +40.8k +40,817
43 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 75,98376.0k $3.8m $3.8m 0.00% Added +28.6k +28,645
44 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 72,36872.4k $3.6m $3.6m 0.00% Reduced -3.1k -3,114
45 Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio FRANKFURT AM MAIN, 2M 71,94871.9k $3.6m $3.6m 0.01% Added +872 +872
46 CLARK ESTATES INC/NY 0.77% of their portfolio NEW YORK, NY 67,38767.4k $3.4m $3.4m 0.77% Unchanged
47 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 65,68465.7k $3.3m $3.3m 0.00% Added +58.2k +58,185
48 TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio STAMFORD, CT 62,46762.5k $3.1m $3.1m 0.02% Reduced -19.4k -19,352
49 UBS Group AG 0.00% of their portfolio ZURICH, V8 60,49560.5k $3.0m $3.0m 0.00% Added +11.3k +11,271
50 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 59,96460.0k $3.0m $3.0m 0.00% Reduced -1.3k -1,282
51 Legal & General Group Plc 0.00% of their portfolio London, X0 59,95760.0k $3.0m $3.0m 0.00% Reduced -1.2k -1,213
52 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 58,90458.9k $2.9m $2.9m 0.00% Added +25.0k +24,993
53 MARTINGALE ASSET MANAGEMENT L P 0.07% of their portfolio BOSTON, MA 58,17358.2k $2.9m $2.9m 0.07% Reduced -309 -309
54 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 45,54145.5k $2.3m $2.3m 0.00% Reduced -26.3k -26,323
55 ALGERT GLOBAL LLC 0.04% of their portfolio SAN FRANCISCO, CA 43,66543.7k $2.2m $2.2m 0.04% Added +4.5k +4,550
56 Jackson Creek Investment Advisors LLC 0.61% of their portfolio CASTLE ROCK, CO 42,66342.7k $2.1m $2.1m 0.61% Reduced -17 -17
57 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 40,65240.7k $2.0m $2.0m 0.00% Reduced -5.2k -5,159
58 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 40,63140.6k $2.0m $2.0m 0.00% Reduced -52.0k -52,022
59 Swiss National Bank 0.00% of their portfolio ZURICH, V8 39,60039.6k $2.0m $2.0m 0.00% Unchanged
60 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio ALBANY, NY 37,80037.8k $1.9m $1.9m 0.00% Reduced -400 -400
61 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 34,99935.0k $1.7m $1.7m 0.00% Added +1.9k +1,925
62 Villanova Investment Management Co LLC 1.20% of their portfolio WAYNE, PA 34,65634.7k $1.7m $1.7m 1.20% Added +9.3k +9,323
63 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 32,41632.4k $1.6m $1.6m 0.00% Reduced -585 -585
64 GABELLI FUNDS LLC 0.01% of their portfolio Rye, NY 31,00631.0k $1.5m $1.5m 0.01% Unchanged
65 Inspire Investing, LLC 0.15% of their portfolio MERIDIAN, ID 29,99130.0k $1.5m $1.5m 0.15% Added +21.4k +21,421
66 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 29,76429.8k $1.5m $1.5m 0.00% Added +1 +1
67 Kennondale Capital Management LLC 1.10% of their portfolio RICHMOND, VA 28,94428.9k $1.4m $1.4m 1.10% Added +8.6k +8,606
68 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 28,62228.6k $1.4m $1.4m 0.00% Added +1.2k +1,241
69 Pacific Ridge Capital Partners, LLC 0.30% of their portfolio LAKE OSWEGO, OR 27,53627.5k $1.4m $1.4m 0.30% Unchanged
70 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 26,67926.7k $1.3m $1.3m 0.00% Unchanged
71 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 26,66126.7k $1.3m $1.3m 0.00% Reduced -30.5k -30,543
72 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 26,20026.2k $1.3m $1.3m 0.00% Unchanged
73 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 25,61125.6k $1.3m $1.3m 0.00% Added +12.7k +12,656
74 Campbell & CO Investment Adviser LLC 0.09% of their portfolio BALTIMORE, MD 24,39624.4k $1.2m $1.2m 0.09% Reduced -10.5k -10,527
75 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 24,21324.2k $1.2m $1.2m 0.00% Added +8.7k +8,713
76 Engineers Gate Manager LP 0.01% of their portfolio NEW YORK, NY 22,87022.9k $1.1m $1.1m 0.01% Added +8.8k +8,760
77 Prairiewood Capital, LLC 0.36% of their portfolio FARGO, ND 21,73521.7k $1.1m $1.1m 0.36% Reduced -383 -383
78 SEGALL BRYANT & HAMILL, LLC 0.01% of their portfolio CHICAGO, IL 21,59121.6k $1.1m $1.1m 0.01% New
79 CWA Asset Management Group, LLC 0.04% of their portfolio NAPLES, FL 20,92720.9k $1.0m $1.0m 0.04% New
80 Trexquant Investment LP 0.01% of their portfolio STAMFORD, CT 20,53820.5k $1.0m $1.0m 0.01% Added +7.6k +7,631
81 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 20,49520.5k $1.0m $1.0m 0.00% Added +405 +405
82 Unison Advisors LLC 0.09% of their portfolio PROVIDENCE, RI 20,22520.2k $1.0m $1.0m 0.09% Added +62 +62
83 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 19,83019.8k $986.9k $986.9k 0.00% Reduced -1.9k -1,886
84 AlphaQuest LLC 0.06% of their portfolio New York, NY 19,61419.6k $976.2k $976.2k 0.06% Added +6.1k +6,116
85 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 19,39319.4k $965.2k $965.2k 0.00% Added +2.6k +2,574
86 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 18,73918.7k $933.0k $933.0k 0.00% Added +2.0k +1,960
87 New Age Alpha Advisors, LLC 0.04% of their portfolio RYE, NY 18,51018.5k $921.2k $921.2k 0.04% Reduced -663 -663
88 KLP KAPITALFORVALTNING AS 0.00% of their portfolio OSLO, Q8 17,70017.7k $880.9k $880.9k 0.00% Unchanged
89 SummerHaven Investment Management, LLC 0.51% of their portfolio STAMFORD, CT 17,55617.6k $873.8k $873.8k 0.51% Reduced -8.0k -8,032
90 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 16,98717.0k $845.0k $845.0k 0.00% Added +5.8k +5,829
91 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 16,48316.5k $820.4k $820.4k 0.00% Reduced -10.0k -9,999
92 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 16,13216.1k $802.9k $802.9k 0.00% Added +2.2k +2,226
93 PICTON MAHONEY ASSET MANAGEMENT 0.01% of their portfolio Toronto, A6 15,71615.7k $783.0k $783.0k 0.01% New
94 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 15,16515.2k $754.4k $754.4k 0.00% Reduced -7.8k -7,805
95 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 14,99415.0k $746.0k $746.0k 0.00% Reduced -203 -203
96 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 14,20014.2k $706.7k $706.7k 0.00% Reduced -300 -300
97 Koss-Olinger Consulting, LLC 0.05% of their portfolio GAINESVILLE, FL 12,98513.0k $594.0k $594.0k 0.05% Unchanged
98 CARY STREET PARTNERS FINANCIAL LLC 0.02% of their portfolio RICHMOND, VA 12,73012.7k $633.6k $633.6k 0.02% Reduced -2.3k -2,285
99 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 12,02112.0k $598.3k $598.3k 0.00% Unchanged
100 Summit Global Investments 0.03% of their portfolio BOUNTIFUL, UT 11,79411.8k $587.0k $587.0k 0.03% New