HGBL · Heritage Global Inc.
$1.20
+0.01 (+0.84%)
At close · Aug 26
View the 10-Q filed May 7, 2026
Customer concentration
— top customer 78% of receivables
One customer — 78% of receivables (March 31, 2026)
“The Company's portfolio includes its largest borrower’s gross note receivable balance of approximately $21.4 million, representing 78% of our total gross notes receivable balance as of March 31, 2026, as compared to 76% as of December 31, 2025.”
One customer — 76% of receivables (December 31, 2025)
“The Company's portfolio includes its largest borrower’s gross note receivable balance of approximately $21.4 million, representing 78% of our total gross notes receivable balance as of March 31, 2026, as compared to 76% as of December 31, 2025.”
Market Cap
$41.22M
Shares
34.64M
Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.
Holders: 36
Total Value: $14,310,030
Total Shares: 11,826,487
Institutional Ownership Trend
24 quarters
Holder Concentration
Across 36 13F filers · Δ vs Mar 31, 2026Top Holder
19.2%
+1.4 pts
Top 5
72.5%
+0.9 pts
Top 10
92.0%
+2.2 pts
HHI
1,223
Broadly held+44
Quarterly Activity
vs Mar 31, 2026
New
3
Increased
9
Decreased
8
Sold Out
5
Unchanged
16
Holder count:
-2
Institutional value:
-16.6%
Shares held:
-6.2%
Top Buyers
vs Mar 31, 2026| Institution | Added | Now Holds | Open |
|---|---|---|---|
| Small Mink Brook Asset Management LLC | +34,821 | 2,273,077 | |
| Mega JANE STREET GROUP, LLC | +23,948 | 42,957 | |
| Mega BlackRock, Inc. | +21,383 | 168,422 | |
| Mega GEODE CAPITAL MANAGEMENT, LLC | +17,215 | 359,349 | |
| Mega NORTHERN TRUST CORP | +14,339 | 51,204 |
Top Sellers
vs Mar 31, 2026| Institution | Sold | Now Holds | Open |
|---|---|---|---|
| Mega VANGUARD CAPITAL MANAGEMENT LLC | −263,909 | 1,393,638 | |
| Mid PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | −222,690 | 2,021,458 | |
| Mega DIMENSIONAL FUND ADVISORS LP | −25,310 | 179,234 | |
| Small Ridgewood Investments LLC | −15,000 | 222,165 | |
| Large ACADIAN ASSET MANAGEMENT LLC | −5,203 | 11,491 |
Top New Positions
vs Mar 31, 2026| Institution | Acquired | Value (USD) | Open |
|---|---|---|---|
| Mega CITADEL ADVISORS LLC | 38,312 | $46,357 | |
| Mega BARCLAYS PLC | 165 | $199 | |
| Small Caitong International Asset Management Co., Ltd | 6 | $7 |
Top Sold-Out Positions
vs Mar 31, 2026| Institution | Previously Held | Last Value (USD) | Open |
|---|---|---|---|
| Small Evernest Financial Advisors, LLC | 194,000 | $263,840 | |
| Small Rothschild Wealth LLC | 81,366 | $110,657 | |
| Large Man Group plc | 79,690 | $108,378 | |
| Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP | 46,533 | $63,284 | |
| Mega CITIGROUP INC | 4,155 | $5,650 |