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 ($5.4m this quarter). Holder counts are more reliable. Shares outstanding: 40.8m as of 2024-07-31, 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 ≈ $32.62. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 201 |
| Q4 2022 | 205 |
| Q1 2023 | 188 |
| Q2 2023 | 201 |
| Q3 2023 | 197 |
| Q4 2023 | 200 |
| Q1 2024 | 233 |
| Q2 2024 | 226 |
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 |
| Q3 2023 | 87 | 105 |
| Q4 2023 | 81 | 94 |
| Q1 2024 | 107 | 96 |
| Q2 2024 | 104 | 112 |
Biggest buyers
| BROWN ADVISORY INC | New | +1.0m |
| Invesco Ltd. | Added | +163.6k |
| NEW YORK STATE COMMON RETIREMENT FUND | Added | +144.7k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Added | +129.3k |
| TWO SIGMA INVESTMENTS, LP | Added | +107.0k |
| LAZARD ASSET MANAGEMENT LLC | New | +94.7k |
| DEPRINCE RACE & ZOLLO INC | Added | +86.8k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Added | +84.1k |
| BANK OF MONTREAL /CAN/ | Added | +64.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +59.8k |
Biggest sellers
| MORGAN STANLEY | Reduced | -1.1m |
| FRANKLIN RESOURCES INC | Reduced | -540.3k |
| Ceredex Value Advisors LLC | Sold out | -306.8k |
| ARIEL INVESTMENTS, LLC | Sold out | -251.1k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -208.5k |
| Assenagon Asset Management S.A. | Reduced | -117.1k |
| MARSHALL WACE, LLP | Reduced | -110.6k |
| KENNEDY CAPITAL MANAGEMENT LLC | Sold out | -97.5k |
| ZACKS INVESTMENT MANAGEMENT | Sold out | -84.0k |
| Empowered Funds, LLC | Reduced | -76.6k |
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 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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| 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 |
| Q3 2023 | 1 | $103.9k | 1 | $16.8k | $16.8k |
| Q4 2023 | 0 | — | 1 | $19.1k | $19.1k |
| Q1 2024 | 1 | $133.0k | 5 | $2.7m | $2.0m |
| Q2 2024 | 0 | — | 1 | $20.6k | $20.6k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-05-20 | McClure Beverley J. Director | Sold plan | $20.6k590 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 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 5.9m $191.4m | Reduced -41.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 5.0m $163.4m | Reduced -54.8k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.54% of their portfolio | 3.9m $126.5m | Reduced -38.1k |
| FRANKLIN RESOURCES INC 0.03% of their portfolio | 2.6m $84.3m | Reduced -540.3k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 2.5m $82.7m | Added +43.1k |
| STATE STREET CORP 0.00% of their portfolio | 1.6m $52.6m | Reduced -49.9k |
| EARNEST PARTNERS LLC 0.22% of their portfolio | 1.4m $46.5m | Added +26.7k |
| DEPRINCE RACE & ZOLLO INC 0.79% of their portfolio | 1.1m $35.4m | Added +86.8k |
| BROWN ADVISORY INC 0.04% of their portfolio | 1.0m $33.8m | New |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 992.4k $32.4m | Added +11.9k |
| GW&K Investment Management, LLC 0.28% of their portfolio | 945.7k $30.8m | Reduced -34.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 931.7k $30.4m | Added +34.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 908.3k $29.6m | Added +54.8k |
| CRAMER ROSENTHAL MCGLYNN LLC 1.54% of their portfolio | 803.9k $26.2m | Reduced -46.9k |
| Invesco Ltd. 0.00% of their portfolio | 563.4k $18.4m | Added +163.6k |
| MORGAN STANLEY 0.00% of their portfolio | 556.5k $18.2m | Reduced -1.1m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 552.1k $18.0m | Added +12.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 523.0k $17.1m | Reduced -4.1k |
| Bragg Financial Advisors, Inc 0.69% of their portfolio | 470.9k $15.4m | Added +715 |
| Bank of New York Mellon Corp 0.00% of their portfolio | 461.0k $15.0m | Reduced -6.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 425.6k $13.9m | Added +26.2k |
| PALISADE CAPITAL MANAGEMENT, LP 0.37% of their portfolio | 414.0k $13.5m | Reduced -7.4k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 370.3k $12.1m | Added +31.1k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.24% of their portfolio | 307.8k $10.0m | Added +84.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 306.2k $10.0m | Reduced -34.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 273.7k $8.9m | Added +144.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 250.9k $8.2m | Reduced -66.9k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 202.2k $6.6m | Added +107.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 202.1k $6.6m | Reduced -10.0k |
| ProShare Advisors LLC 0.02% of their portfolio | 182.8k $6.0m | Reduced -33.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 176.4k $5.8m | Reduced -7.7k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio | 175.7k $5.7m | Added +26.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 157.5k $5.1m | Reduced -8.1k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 156.5k $5.1m | Added +35.6k |
| Empowered Funds, LLC 0.09% of their portfolio | 154.7k $5.0m | Reduced -76.6k |
| NORGES BANK 0.00% of their portfolio | 151.6k $4.9m | Added +54.9k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio | 145.2k $4.7m | Added +129.3k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 134.1k $4.4m | Reduced -3.2k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 133.3k $4.3m | Added +14.9k |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 127.1k $4.1m | Reduced -117.1k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 123.6k $4.0m | Reduced -9.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 120.5k $3.9m | Added +55.4k |
| TRILLIUM ASSET MANAGEMENT, LLC 0.10% of their portfolio | 117.5k $3.8m | Added +7.5k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 113.3k $3.7m | Added +42.9k |
| Legal & General Group Plc 0.00% of their portfolio | 110.2k $3.6m | Reduced -2.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 109.4k $3.6m | Added +59.8k |
| ICON ADVISERS INC/CO 0.75% of their portfolio | 103.1k $3.3m | Added +54.3k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 100.0k $3.3m | Reduced -110.6k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 94.7k $3.1m | New |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 93.8k $3.1m | Added +4.5k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 90.1k $2.9m | Added +6.4k |
| NFJ INVESTMENT GROUP, LLC 0.09% of their portfolio | 86.0k $2.8m | Reduced -10.7k |
| Swiss National Bank 0.00% of their portfolio | 80.5k $2.6m | Unchanged |
| Arjuna Capital 0.69% of their portfolio | 78.5k $2.6m | Added +1.2k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 78.3k $2.6m | Added +795 |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 77.5k $2.6m | Added +64.1k |
| HANTZ FINANCIAL SERVICES, INC. 0.04% of their portfolio | 62.5k $2.0m | Reduced -11.2k |
| Cubist Systematic Strategies, LLC 0.03% of their portfolio | 59.4k $1.9m | Reduced -29.8k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 54.7k $1.8m | Reduced -20.8k |
| LPL Financial LLC 0.00% of their portfolio | 47.7k $1.6m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 47.6k $1.6m | Unchanged |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 47.3k $1.5m | Added +5.1k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 46.3k $1.5m | Added +28.2k |
| COMERICA BANK 0.01% of their portfolio | 46.0k $1.5m | Reduced -1.3k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 45.9k $1.5m | Reduced -700 |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 44.4k $1.4m | Reduced -2.3k |
| MARTINGALE ASSET MANAGEMENT L P 0.03% of their portfolio | 44.0k $1.4m | Reduced -2.8k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 42.9k $1.4m | Reduced -208.5k |
| Trexquant Investment LP 0.02% of their portfolio | 40.5k $1.3m | Reduced -4.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 40.0k $1.3m | Reduced -1.4k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 38.9k $1.3m | Reduced -10.7k |
| Mitsubishi UFJ Asset Management (UK) Ltd. 0.64% of their portfolio | 38.0k $1.2m | Reduced -3.0k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 37.9k $1.2m | Reduced -1.6k |
| GSA CAPITAL PARTNERS LLP 0.08% of their portfolio | 37.1k $1.2m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 35.9k $1.2m | Added +5.4k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.01% of their portfolio | 31.9k $1.0m | Added +5.9k |
| CITIGROUP INC 0.00% of their portfolio | 29.6k $966.7k | Added +2.5k |
| CWM, LLC 0.00% of their portfolio | 28.9k $944.0k | Reduced -2.1k |
| NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 28.9k $941.9k | Reduced -1.2k |
| CAXTON ASSOCIATES LP 0.03% of their portfolio | 27.4k $892.4k | New |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 26.5k $864.4k | Reduced -25.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 25.6k $834.1k | Added +10.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 25.4k $829.5k | Added +7.2k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 24.1k $784.0k | Reduced -827 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 24.0k $783.9k | Added +2.2k |
| Corebridge Financial, Inc. 0.00% of their portfolio | 23.8k $777.8k | First filing |
| SIT INVESTMENT ASSOCIATES INC 0.02% of their portfolio | 22.4k $732.0k | Added +5.9k |
| NATIXIS ADVISORS, LLC 0.00% of their portfolio | 22.3k $729.0k | Added +473 |
| HARBOR CAPITAL ADVISORS, INC. 0.06% of their portfolio | 22.3k $728.0k | Added +16.3k |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 22.2k $723.6k | Reduced -1.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 21.6k $705.5k | Reduced -6.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 21.5k $702.0k | Reduced -4.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 21.4k $697.2k | Added +710 |
| SEI INVESTMENTS CO 0.00% of their portfolio | 21.2k $693.1k | Added +7.7k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 21.2k $689.9k | First filing |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 20.7k $676.2k | Added +9.0k |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 20.6k $672.0k | Added +400 |
| UBS Group AG 0.00% of their portfolio | 20.2k $660.2k | Reduced -23.0k |
| WESPAC Advisors, LLC 0.52% of their portfolio | 20.2k $659.5k | Reduced -8.2k |
| DekaBank Deutsche Girozentrale 0.00% of their portfolio | 19.3k $636.0k | New |