Vault-13

HERITAGE GLOBAL INC HGBL

COM · Common Stock · CUSIP 42727E103

50 institutional holders -8 vs Q1 2024
9,462,2549.5m shares reported held*
25.3% of all shares outstanding*
$23.2mreported value*
1 new 14 added 18 reduced 9 sold out net sold ≈ $1.4m (-560.8k 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 ($150 this quarter). Holder counts are more reliable. Shares outstanding: 37.3m as of 2024-08-01, 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 ≈ $2.45.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 26Q4 22: 29Q1 23: 29Q2 23: 52Q3 23: 58Q4 23: 55Q1 24: 58Q2 24: 5050Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202226
Q4 202229
Q1 202329
Q2 202352
Q3 202358
Q4 202355
Q1 202458
Q2 202450

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 15 bought or addedQ4 22: 10 cut or sold outQ4 22Q1 23: 16 bought or addedQ1 23: 9 cut or sold outQ2 23: 37 bought or addedQ2 23: 8 cut or sold outQ2 23Q3 23: 22 bought or addedQ3 23: 25 cut or sold outQ4 23: 30 bought or addedQ4 23: 27 cut or sold outQ4 23Q1 24: 26 bought or addedQ1 24: 24 cut or sold outQ2 24: 15 bought or addedQ2 24: 27 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221510
Q1 2023169
Q2 2023378
Q3 20232225
Q4 20233027
Q1 20242624
Q2 20241527

Biggest buyers

DIMENSIONAL FUND ADVISORS LP Added +47,375+47.4k
Ancora Advisors LLC Added +47,287+47.3k
GSA CAPITAL PARTNERS LLP Added +18,480+18.5k
GEODE CAPITAL MANAGEMENT, LLC Added +7,277+7.3k
BlackRock Inc. Added +4,951+5.0k
Connective Capital Management, LLC Added +3,609+3.6k
OSAIC HOLDINGS, INC. Added +3,600+3.6k
Ridgewood Investments LLC Added +3,000+3.0k
STATE STREET CORP Added +2,700+2.7k
STIFEL FINANCIAL CORP Added +2,000+2.0k

Biggest sellers

1492 Capital Management LLC Sold out -143,036-143.0k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Sold out -123,088-123.1k
Crawford Fund Management, LLC Sold out -93,500-93.5k
Qube Research & Technologies Ltd Reduced -74,021-74.0k
BANK OF MONTREAL /CAN/ Sold out -49,200-49.2k
GOLDMAN SACHS GROUP INC Sold out -45,023-45.0k
RENAISSANCE TECHNOLOGIES LLC Reduced -39,200-39.2k
JANE STREET GROUP, LLC Sold out -28,878-28.9k
MILLENNIUM MANAGEMENT LLC Reduced -23,637-23.6k
AMERIPRISE FINANCIAL INC Reduced -19,966-20.0k

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
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 13G · institution filed 2026-05-15 6.5% 2.2m≈ $2.7m 2026-05-15
Mink Brook Asset Management LLC 13G · passive investor +1.1 pts · filed 2026-04-06 6.4% +1.1 pts 2.2m≈ $2.7m 2026-04-06
DOVE ROSS 13D · may seek influence filed 2026-09-29
Stated purposeMr. Ross Dove currently intends to hold all of the shares of Common Stock described herein for investment purposes. Mr. Ross Dove may make additional purchases for investment purposes from time to time. In addition, Mr. Ross Dove is an officer of the Company and will continue to participate in incentive programs available to executive officers. As CEO and a director, Mr. Ross Dove has a continuing role in the management and governance of the Company, and in this role he may in the future make proposals or offer input on proposals with respect to the matters set forth in (a) through (j) of Item 4 of Schedule 13D. Full filing
 5.8% 2.0m≈ $2.4m 2026-09-29
Topline Capital Management, LLC 13G · institution filed 2025-02-10 5.1% 1.9m≈ $2.3m 2025-02-10

Fell to 5% or below in the last year: VANGUARD CAPITAL MANAGEMENT LLC (4.5%, 2026-07-31), VANGUARD GROUP INC (0.0%, 2026-03-27)

Insider purchases and sales in Q2 2024

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)

BuyingSelling
505Q3 22: 1 buyingQ3 22: 0 sellingQ4 22: 0 buyingQ4 22: 0 sellingQ4 22Q1 23: 0 buyingQ1 23: 0 sellingQ2 23: 0 buyingQ2 23: 0 sellingQ2 23Q3 23: 5 buyingQ3 23: 0 sellingQ4 23: 1 buyingQ4 23: 0 sellingQ4 23Q1 24: 2 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20221$29.9k0——
Q4 20220—0——
Q1 20230—0——
Q2 20230—0——
Q3 20235$141.3k0——
Q4 20231$14.2k0——
Q1 20242$34.5k0——
Q2 20240—0——

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.37% of their portfolio EDINA, MN 2,535,2922.5m $6.2m $6.2m 0.37% Unchanged
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,893,6461.9m $4.7m $4.7m 0.00% Unchanged
3 Uniplan Investment Counsel, Inc. 0.18% of their portfolio MILWAUKEE, WI 805,788805.8k $2.0m $2.0m 0.18% Reduced -2.6k -2,575
4 Ancora Advisors LLC 0.03% of their portfolio Cleveland, OH 519,675519.7k $1.3m $1.3m 0.03% Added +47.3k +47,287
5 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 449,864449.9k $1.1m $1.1m 0.00% Added +47.4k +47,375
6 WYNNEFIELD CAPITAL INC 0.49% of their portfolio NEW YORK, NY 446,030446.0k $1.1m $1.1m 0.49% Unchanged
7 Herr Investment Group LLC 0.32% of their portfolio AUSTIN, TX 432,900432.9k $1.1m $1.1m 0.32% Unchanged
8 Perritt Capital Management Inc 0.46% of their portfolio Chicago, IL 338,924338.9k $833.8k $833.8k 0.46% Reduced -333 -333
9 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 327,560327.6k $806.0k $806.0k 0.00% Added +7.3k +7,277
10 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 318,217318.2k $782.8k $782.8k 0.00% Reduced -39.2k -39,200
11 Connective Capital Management, LLC 0.96% of their portfolio PALO ALTO, CA 207,547207.5k $510.6k $510.6k 0.96% Added +3.6k +3,609
12 Ridgewood Investments LLC 0.25% of their portfolio SPRINGFIELD, NJ 200,547200.5k $493.3k $493.3k 0.25% Added +3.0k +3,000
13 Mutual Advisors, LLC 0.01% of their portfolio OMAHA, NE 167,530167.5k $390.3k $390.3k 0.01% Unchanged
14 BlackRock Inc. 0.00% of their portfolio New York, NY 136,846136.8k $336.6k $336.6k 0.00% Added +5.0k +4,951
15 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 106,598106.6k $262.2k $262.2k 0.00% Reduced -20.0k -19,966
16 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 102,966103.0k $253.3k $253.3k 0.00% Added +2.7k +2,700
17 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 87,08087.1k $214.2k $214.2k 0.00% Reduced -301 -301
18 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 64,08164.1k $157.6k $157.6k 0.00% Reduced -45 -45
19 Man Group plc 0.00% of their portfolio LONDON, X0 62,84162.8k $154.6k $154.6k 0.00% Added +1.7k +1,673
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 57,97458.0k $142.6k $142.6k 0.00% Reduced -13.5k -13,505
21 GSA CAPITAL PARTNERS LLP 0.00% of their portfolio LONDON, X0 28,67028.7k $71.0k $71.0k 0.00% Added +18.5k +18,480
22 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 25,61325.6k $63.0k $63.0k 0.00% Reduced -3.4k -3,430
23 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 18,91418.9k $46.5k $46.5k 0.00% Reduced -1.5k -1,531
24 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 18,76918.8k $46.2k $46.2k 0.00% Reduced -23.6k -23,637
25 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 16,79116.8k $41.3k $41.3k 0.00% Unchanged
26 JAMISON PRIVATE WEALTH MANAGEMENT, INC. 0.00% of their portfolio MILTON, GA 16,00016.0k $0 $0 0.00% Unchanged
27 WEDBUSH SECURITIES INC 0.00% of their portfolio PASADENA, CA 15,48315.5k $38.0k $38.0k 0.00% Reduced -1.2k -1,200
28 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 15,41115.4k $37.9k $37.9k 0.00% Reduced -537 -537
29 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 14,32514.3k $35.2k $35.2k 0.00% Added +2.0k +2,000
30 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 14,23114.2k $35.0k $35.0k 0.00% Reduced -385 -385
31 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 5,4265.4k $13.3k $13.3k 0.00% Added +3.6k +3,600
32 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 4,0004.0k $9.8k $9.8k 0.00% Unchanged
33 WEBSTER BANK, N. A. 0.00% of their portfolio WATERBURY, CT 1,3001.3k $3.2k $3.2k 0.00% Unchanged
34 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 1,0001.0k $2.5k $2.5k 0.00% Added +250 +250
35 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 806806 $2.0k $2.0k 0.00% Reduced -2.3k -2,300
36 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 721721 $2.0k $2.0k 0.00% Added +305 +305
37 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 678678 $1.6k $1.6k 0.00% Unchanged
38 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 575575 $1.4k $1.4k 0.00% Unchanged
39 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 500500 $1.2k $1.2k 0.00% Reduced -1.0k -1,000
40 UBS Group AG 0.00% of their portfolio ZURICH, V8 333333 $819 $819 0.00% Reduced -1.4k -1,379
41 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 256256 $630 $630 0.00% New
42 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 202202 $497 $497 0.00% Added +202 +202
43 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 156156 $384 $384 0.00% Reduced -17.4k -17,444
44 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 8080 $197 $197 0.00% Unchanged
45 FMR LLC 0.00% of their portfolio BOSTON, MA 6767 $165 $165 0.00% Unchanged
46 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 6161 $150 $150 0.00% Unchanged
47 Archer Investment Corp 0.00% of their portfolio Carmel, IN 3535 $86 $86 0.00% Unchanged
48 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 44 $10 $10 0.00% Reduced -74.0k -74,021
49 CarsonAllaria Wealth Management, Ltd. 0.00% of their portfolio GLEN CARBON, IL 22 $5 $5 0.00% Unchanged
50 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged