HORACE MANN EDUCATORS CORP N HMN
COM · Common Stock · CUSIP 440327104
American insurance and financial services company
- SectorFinancials
- IndustryFire, Marine & Casualty Insurance
- HeadquartersSpringfield, IL
- Founded1945
- Websitehoracemann.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 ($6.5m this quarter). Holder counts are more reliable. Shares outstanding: 40.8m as of 2023-07-31, 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 ≈ $29.62. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 201 |
| Q4 2022 | 205 |
| Q1 2023 | 188 |
| Q2 2023 | 201 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 87 | 91 |
| Q1 2023 | 86 | 93 |
| Q2 2023 | 99 | 96 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $0 | $3.0k | — |
| Q4 2022 | $0 | $0 | — |
| Q1 2023 | $0 | $0 | — |
| Q2 2023 | $0 | $0 | — |
Biggest buyers
| FULLER & THALER ASSET MANAGEMENT, INC. | Added | +608.6k |
| MILLENNIUM MANAGEMENT LLC | Added | +356.4k |
| DEPRINCE RACE & ZOLLO INC | Added | +319.5k |
| TWO SIGMA INVESTMENTS, LP | New | +179.3k |
| TWO SIGMA ADVISERS, LP | New | +170.8k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | New | +135.5k |
| CITADEL ADVISORS LLC | Added | +123.6k |
| Ceredex Value Advisors LLC | Added | +119.9k |
| GOLDMAN SACHS GROUP INC | Added | +119.2k |
| Russell Investments Group, Ltd. | Added | +113.1k |
Biggest sellers
| EARNEST PARTNERS LLC | Reduced | -1.6m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.0m |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | Reduced | -923.6k |
| SEI INVESTMENTS CO | Reduced | -588.0k |
| NEW YORK STATE COMMON RETIREMENT FUND | Reduced | -310.9k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -217.8k |
| HSBC HOLDINGS PLC | Reduced | -154.4k |
| Brandywine Global Investment Management, LLC | Reduced | -99.4k |
| VANGUARD GROUP INC | Reduced | -85.8k |
| CRAMER ROSENTHAL MCGLYNN LLC | Reduced | -83.8k |
Biggest calls
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 |
|---|---|
| FRANKLIN RESOURCES INC 13G · institution new · filed 2026-04-29 | 7.4% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.1% |
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution +1.0 pts · filed 2026-05-15 | 6.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.3% |
Fell to 5% or below in the last year: FULLER & THALER ASSET MANAGEMENT, INC. (4.9%, 2026-05-13), FRANKLIN MUTUAL ADVISERS LLC (0.0%, 2026-04-28; now reported by FRANKLIN RESOURCES INC), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2023
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 |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 1 | $101.2k | 1 | $21.7k | — |
| Q1 2022 | 0 | — | 2 | $82.3k | — |
| Q2 2022 | 1 | $189.8k | 1 | $42.2k | — |
| Q3 2022 | 0 | — | 2 | $392.8k | — |
| Q4 2022 | 1 | $95.8k | 1 | $397.3k | — |
| Q1 2023 | 0 | — | 2 | $139.2k | — |
| Q2 2023 | 0 | — | 2 | $88.2k | $35.7k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-01 | McClure Beverley J. Director | Sold plan | $17.0k560 shares |
| 2023-05-18 | Weckenbrock Michael Senior Vice President | Sold | $52.5k1.6k shares |
| 2023-04-03 | McClure Beverley J. Director | Sold plan | $18.7k560 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 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 6.0m $176.9m | Reduced -7.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 5.1m $150.6m | Reduced -85.8k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.48% of their portfolio | 2.8m $84.3m | Added +608.6k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 2.7m $80.0m | Reduced -217.8k |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 2.5m $74.4m | Reduced -8.8k |
| STATE STREET CORP 0.00% of their portfolio | 1.6m $46.7m | Reduced -4.4k |
| EARNEST PARTNERS LLC 0.25% of their portfolio | 1.5m $45.6m | Reduced -1.6m |
| Channing Capital Management, LLC 1.30% of their portfolio | 1.4m $42.3m | Added +4.9k |
| GW&K Investment Management, LLC 0.30% of their portfolio | 1.0m $31.1m | Reduced -6.5k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 983.4k $29.2m | Added +58.3k |
| DEPRINCE RACE & ZOLLO INC 0.59% of their portfolio | 866.6k $25.7m | Added +319.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 808.5k $24.0m | Added +22.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 720.0k $21.4m | Reduced -1.0m |
| Bank of New York Mellon Corp 0.00% of their portfolio | 548.5k $16.3m | Reduced -24.9k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 529.1k $15.7m | Added +92.0k |
| CRAMER ROSENTHAL MCGLYNN LLC 0.74% of their portfolio | 501.1k $14.9m | Reduced -83.8k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 500.0k $14.8m | Added +356.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 472.0k $14.0m | Added +10.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 458.4k $13.6m | Reduced -310.9k |
| PALISADE CAPITAL MANAGEMENT, LP 0.36% of their portfolio | 453.6k $13.5m | Added +20.6k |
| Invesco Ltd. 0.00% of their portfolio | 444.2k $13.2m | Reduced -68.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 410.6k $12.2m | Reduced -4.0k |
| Ceredex Value Advisors LLC 0.20% of their portfolio | 409.9k $12.2m | Added +119.9k |
| Bragg Financial Advisors, Inc 0.65% of their portfolio | 401.2k $11.9m | Added +3.5k |
| ARIEL INVESTMENTS, LLC 0.09% of their portfolio | 336.9k $10.0m | Reduced -1.4k |
| MORGAN STANLEY 0.00% of their portfolio | 329.3k $9.8m | Added +7.4k |
| Bahl & Gaynor LLC 0.05% of their portfolio | 293.1k $8.7m | Added +24.0k |
| ProShare Advisors LLC 0.02% of their portfolio | 263.3k $7.8m | Added +2.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 239.3k $7.1m | Added +119.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 232.0k $6.9m | Reduced -14.9k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 220.2k $6.5m | Added +113.1k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 210.0k $6.2m | Added +123.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 186.4k $5.5m | Added +5.6k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.13% of their portfolio | 185.6k $5.5m | Added +3.1k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 179.3k $5.3m | New |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 170.8k $5.1m | New |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 146.2k $4.3m | Added +19.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 144.9k $4.3m | Added +10.5k |
| PUTNAM INVESTMENTS LLC 0.01% of their portfolio | 143.7k $4.3m | Reduced -253 |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 136.9k $4.1m | Reduced -1.4k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio | 135.5k $4.0m | New |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 134.7k $4.0m | Reduced -154.4k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 133.9k $4.0m | Reduced -920 |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 116.8k $3.5m | Reduced -37.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 115.6k $3.4m | Added +41.6k |
| Legal & General Group Plc 0.00% of their portfolio | 114.7k $3.4m | Reduced -2.8k |
| Brandywine Global Investment Management, LLC 0.02% of their portfolio | 99.5k $3.0m | Reduced -99.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 95.1k $2.8m | Reduced -13.7k |
| Empowered Funds, LLC 0.09% of their portfolio | 89.4k $2.7m | New |
| EA Series Trust 0.09% of their portfolio | 89.4k $2.7m | First filing |
| Swiss National Bank 0.00% of their portfolio | 88.9k $2.6m | Added +600 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 85.2k $2.5m | Reduced -3.2k |
| TRILLIUM ASSET MANAGEMENT, LLC 0.07% of their portfolio | 83.1k $2.5m | Added +1.5k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 79.7k $2.4m | Added +14.3k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 72.5k $2.2m | Added +558 |
| KENNEDY CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 66.3k $2.0m | Reduced -118 |
| Cubist Systematic Strategies, LLC 0.02% of their portfolio | 65.4k $1.9m | New |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 57.8k $1.7m | New |
| HANTZ FINANCIAL SERVICES, INC. 0.04% of their portfolio | 57.6k $1.7m | Added +91 |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 54.4k $1.6m | Added +18.3k |
| COMERICA BANK 0.00% of their portfolio | 53.7k $2 | First filing |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 53.6k $1.8m | Unchanged |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 53.0k $1.6m | Added +546 |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 51.0k $1.5m | Added +10.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 49.7k $1.5m | Reduced -7.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 49.6k $1.5m | Reduced -1.6k |
| North Star Investment Management Corp. 0.11% of their portfolio | 47.2k $1.4m | Added +425 |
| UBS Group AG 0.00% of their portfolio | 46.4k $1.4m | Added +18.6k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 46.2k $1.4m | Added +2.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 45.7k $1.4m | Added +1.0k |
| HRT FINANCIAL LP 0.01% of their portfolio | 41.9k $1.2m | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 41.3k $1.2m | Reduced -3.9k |
| MARTINGALE ASSET MANAGEMENT L P 0.02% of their portfolio | 41.3k $1.2m | Added +3.4k |
| Mitsubishi UFJ Asset Management (UK) Ltd. 0.77% of their portfolio | 40.5k $1.2m | Unchanged |
| NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 39.7k $1.2m | Added +5.6k |
| EXCHANGE TRADED CONCEPTS, LLC 0.03% of their portfolio | 39.7k $1.2m | Reduced -582 |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 39.1k $1.2m | Reduced -1.5k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.01% of their portfolio | 39.0k $1.2m | Reduced -923.6k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio | 36.0k $1.1m | Reduced -720 |
| GSA CAPITAL PARTNERS LLP 0.10% of their portfolio | 33.2k $985.0k | New |
| CWM, LLC 0.01% of their portfolio | 33.2k $985.0k | Reduced -1.6k |
| CORNERCAP INVESTMENT COUNSEL INC 0.17% of their portfolio | 32.4k $960.5k | New |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio | 30.0k $889.1k | Added +7.4k |
| CITIGROUP INC 0.00% of their portfolio | 29.5k $876.1k | Added +10.2k |
| Trexquant Investment LP 0.02% of their portfolio | 29.0k $861.1k | New |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.09% of their portfolio | 27.7k $820.4k | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 27.3k $810.3k | Added +21.3k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 26.9k $797.0k | Reduced -1.1k |
| Summit Global Investments 0.05% of their portfolio | 26.1k $774.0k | New |
| Advisors Asset Management, Inc. 0.02% of their portfolio | 25.8k $766.7k | Reduced -1.1k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.01% of their portfolio | 24.6k $730.6k | Reduced -72 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 23.5k $697.0k | Added +451 |
| BARCLAYS PLC 0.00% of their portfolio | 23.2k $688.3k | Added +1.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 22.8k $675.8k | Added +4.3k |
| Campbell & CO Investment Adviser LLC 0.12% of their portfolio | 22.3k $662.3k | New |
| Dynamic Technology Lab Private Ltd 0.08% of their portfolio | 22.2k $660.0k | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 22.1k $654.5k | Reduced -366 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 21.8k $646.1k | Unchanged |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 21.7k $644.4k | Reduced -1.3k |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 21.4k $634.7k | Added +2.3k |