HOULIHAN LOKEY, INC. - Class A common stock, par value $0.001 per share (HLI) Institutional Ownership

13F Institutional Holders and Ownership History from Q3 2015 to Q4 2025

Type / Class
Equity / Class A common stock, par value $0.001 per share
Symbol
HLI on NYSE
Shares outstanding
70,218,542
Price per share
$174.19
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
53,055,092
Total reported value
$10,881,979,423
% of total 13F portfolios
0.01%
Share change
-2,139,707
Value change
-$404,543,582
Number of holders
545
Price from insider filings
$174.19
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of HOULIHAN LOKEY, INC. - Class A common stock, par value $0.001 per share (HLI) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
HL VOTING TRUST 23% $3,113,048,402 16,212,105 HL Voting Trust 26 Aug 2025
Adelson Scott Joseph 22% $2,737,048,557 15,799,172 A&R Voting Trust 30 Dec 2025
BlackRock, Inc. 8.9% $726,304,774 4,803,603 BlackRock, Inc. 31 Mar 2025
EARNEST PARTNERS LLC 4.9% $400,514,890 2,648,908 EARNEST PARTNERS LLC 31 Mar 2025

As of 30 Sep 2025, 545 institutional investors reported holding 53,055,092 shares of HOULIHAN LOKEY, INC. - Class A common stock, par value $0.001 per share (HLI). This represents 76% of the company’s total 70,218,542 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of HOULIHAN LOKEY, INC. - Class A common stock, par value $0.001 per share (HLI) together control 50% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
BlackRock, Inc. 7.8% 5,510,709 -3.1% 0.02% $1,131,458,854
VANGUARD GROUP INC 7.6% 5,305,182 +0.26% 0.02% $1,089,259,969
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 4.2% 2,921,874 -2.8% 1.5% $599,919,300
EARNEST PARTNERS LLC 3.4% 2,421,133 -2.1% 2.2% $497,107,028
STATE STREET CORP 2.4% 1,715,003 -0.09% 0.01% $352,124,416
FMR LLC 2% 1,434,939 -12% 0.02% $294,621,627
WELLINGTON MANAGEMENT GROUP LLP 2% 1,372,703 -5.9% 0.05% $281,843,380
GEODE CAPITAL MANAGEMENT, LLC 1.9% 1,333,792 +28% 0.02% $273,892,181
Burgundy Asset Management Ltd. 1.7% 1,219,617 -0.52% 2.3% $243,008,687
BAMCO INC /NY/ 1.6% 1,130,190 -1.4% 0.62% $232,050,611
BANK OF AMERICA CORP /DE/ 1.4% 1,000,180 -4% 0.02% $205,356,971
Capital Research Global Investors 1.4% 956,441 +20% 0.04% $196,376,466
RAYMOND JAMES FINANCIAL INC 1.2% 841,949 -3.7% 0.06% $172,869,155
Invesco Ltd. 1.2% 827,525 -2.3% 0.03% $169,907,522
T. Rowe Price Investment Management, Inc. 1.1% 803,143 -24% 0.1% $164,902,000
FIDUCIARY MANAGEMENT INC /WI/ 1.1% 747,832 -0.46% 1.6% $153,544,866
SEI INVESTMENTS CO 1% 717,952 +4% 0.16% $147,410,218
Thrivent Financial for Lutherans 1% 713,494 +76% 0.29% $146,495,000
NEUBERGER BERMAN GROUP LLC 0.95% 665,736 -2.4% 0.1% $136,688,933
JENNISON ASSOCIATES LLC 0.84% 589,093 +25% 0.07% $120,952,553
Clearbridge Investments, LLC 0.82% 572,763 -1.2% 0.09% $117,599,679
Capital International Investors 0.81% 570,904 -28% 0.02% $117,218,009
MORGAN STANLEY 0.8% 559,284 -10% 0.01% $114,832,568
NORTHERN TRUST CORP 0.76% 536,488 -0.36% 0.01% $110,151,715
DIMENSIONAL FUND ADVISORS LP 0.74% 521,892 -5.9% 0.02% $107,156,601

Institutional Holders of HOULIHAN LOKEY, INC. - Class A common stock, par value $0.001 per share (HLI) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 1,149,518 $202,153,105 -$15,063,717 $174.19 52
2025 Q3 53,055,092 $10,881,979,423 -$404,543,582 $205.32 545
2025 Q2 55,151,304 $9,926,930,863 +$471,413,503 $179.95 544
2025 Q1 52,561,420 $8,486,275,913 -$176,036,527 $161.50 518
2024 Q4 53,463,729 $9,285,338,233 +$241,952,208 $173.66 500
2024 Q3 52,069,972 $8,251,511,022 -$188,233,301 $158.02 445
2024 Q2 53,332,960 $7,194,386,675 +$105,892,526 $134.86 412
2024 Q1 52,456,854 $6,723,831,534 -$176,607,535 $128.19 393
2023 Q4 1,047,611 $125,619,056 -$1,316,372 $119.91 3
2023 Q3 49,699,809 $5,324,263,104 +$64,009,557 $107.12 331
2023 Q2 49,352,829 $4,851,731,817 -$68,687,664 $98.31 322
2023 Q1 49,814,649 $4,357,814,827 +$34,355,865 $87.49 318
2022 Q4 49,764,649 $4,337,998,316 +$112,538,388 $87.16 325
2022 Q3 47,535,054 $3,584,163,617 -$82,413,100 $75.38 302
2022 Q2 46,814,786 $3,690,173,815 -$104,325,926 $78.93 308
2022 Q1 48,316,182 $4,246,411,649 -$13,852,866 $87.80 330
2021 Q4 48,452,824 $5,015,818,699 -$174,213,363 $103.52 333
2021 Q3 51,833,146 $4,773,349,808 -$72,403,215 $92.10 302
2021 Q2 52,551,643 $4,298,154,432 +$50,117,339 $81.79 294
2021 Q1 52,163,907 $3,469,599,808 +$85,587,401 $66.51 269
2020 Q4 50,675,136 $3,405,855,631 -$15,553,117 $67.23 277
2020 Q3 50,932,605 $3,006,387,310 +$30,478,654 $59.05 251
2020 Q2 50,481,269 $2,806,692,172 +$184,120,724 $55.64 269
2020 Q1 47,162,586 $2,459,780,724 +$147,754,717 $52.12 219
2019 Q4 44,177,472 $2,159,064,792 +$113,044,385 $48.87 181
2019 Q3 42,059,645 $1,896,707,843 +$151,182,435 $45.10 188
2019 Q2 41,626,016 $1,852,170,315 +$187,437,850 $44.53 180
2019 Q1 37,822,247 $1,733,138,442 +$188,309,094 $45.85 164
2018 Q4 33,603,854 $1,235,872,924 -$3,670,849 $36.80 156
2018 Q3 33,913,687 $1,522,673,661 +$11,989,394 $44.93 162
2018 Q2 33,273,057 $1,696,789,399 +$168,392,578 $51.22 186
2018 Q1 30,242,174 $1,348,758,987 +$205,474,164 $44.60 161
2017 Q4 26,724,348 $1,214,085,119 +$154,799,533 $45.43 146
2017 Q3 22,857,631 $894,461,217 +$52,401,425 $39.13 124
2017 Q2 21,557,855 $752,363,795 -$6,043,053 $34.90 111
2017 Q1 21,766,161 $749,838,577 +$341,599,923 $34.45 103
2016 Q4 12,573,303 $391,296,278 +$23,549,202 $31.12 88
2016 Q3 11,871,178 $297,345,771 +$2,200,505 $25.05 73
2016 Q2 11,842,550 $264,918,240 -$680,486 $22.37 69
2016 Q1 11,817,555 $294,232,312 -$2,653,070 $24.90 69
2015 Q4 12,114,959 $317,480,958 +$28,863,367 $26.21 67
2015 Q3 11,237,351 $244,974,854 +$244,442,778 $21.80 61