$HGBL

$1.29 +$0.00 (0.0%) Close

$HGBL Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 34.6M shares outstanding

Who owns HGBL?

By type of holder

Institutions 34.1% Insiders 18.7% Everyone else 47.1%

Concentration Top 10 holders own 38.5%

Mink Brook Asset Management LLC 6.6% · Punch & Associates Investment Management, Inc. 5.8%

Institutional ownership

34.1%

-2.3 pts vs last qtr

Institutional holders

-2 vs last qtr

Net shares bought

−786.0K

by institutions in Q2 2026

New / sold out

3 / 5

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Citadel Advisors LLC NEW +38.3K
Mink Brook Asset Management LLC +34.8K

Biggest sellers in Q2 2026

Vanguard Capital Management LLC −263.9K
Punch & Associates Investment Management, Inc. −222.7K

Who is planning to sell?

Notices of proposed sale, last 12 months

$41.8K

9 notices from 1 person

Shares covered

31.1K

0.09% of the company

Arranged in advance

100%

of the value is under a 10b5-1 plan

Under a 10b5-1 plan No plan

Largest proposed sellers

James Sklar Officer 10b5-1 $41.8K

Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2016–FY2025

+24.6%

+2.48% a year

Each share's claim on the business

−19.8%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

$5.62M vs $5.15M

over 10 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years39% 3–5 years1% 1–3 years52% Under 1 year8%

Quarterly turnover

4.4%

of institutional shares changed hands

Top 10 managers, median time held

1.8 years

Super Investors

Investment managers reporting HGBL on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
MB Mink Brook Asset Management LLC	2.3M	6.56%	+34.8K (+1.6%)	2024	1.2%
Shares held by quarter Peak holding2.3M (Q2'26) Change over 8 quarters+2.3M Share of the company6.560% Mink Brook Asset Management LLC's full portfolio →
PA Punch & Associates Investment Management, Inc.	2.0M	5.84%	−222.7K (−9.9%)	≤2021	0.1%
Shares held by quarter Peak holding2.5M (Q3'24) Change over 8 quarters−499.9K Share of the company5.840% Punch & Associates Investment Management, Inc.'s full portfolio →

Mink Brook Asset Management LLC

2.3M

% of company

6.56%

Change vs last qtr

+34.8K (+1.6%)

Held since

2024

Punch & Associates Investment Management, Inc.

2.0M

% of company

5.84%

Change vs last qtr

−222.7K (−9.9%)

Held since

≤2021

28 more super investors behind a free account

See every manager holding Heritage Global Inc, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting HGBL on Form N-PORT; together they hold 6.8% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$1.43M	1.2M	3.41%	0.00%	June 30, 2026
NS North Star Micro Cap Fund Northern Lights Fund Trust II	$455K	345.0K	1.00%	0.25%	February 28, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$1.43M

% of company

3.41%

% of the fund

0.00%

As of

June 30, 2026

North Star Micro Cap Fund

Northern Lights Fund Trust II

Position value

$455K

% of company

1.00%

% of the fund

0.25%

As of

February 28, 2026

13 more funds behind a free account

See every fund holding Heritage Global Inc and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
RD Ross Dove 5%+ holder 13D · 5.8%	2.0M	5.84%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company5.840% Disclosed stake13D · 5.8% View the 13D/G filing →
LD Ludwig David Van Insider	900.5K	2.60%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company2.600% Ludwig David Van's insider activity →

Ross Dove

5%+ holder13D · 5.8%

2.0M

% of company

5.84%

Change vs last qtr

—

Held since

—

Ludwig David Van

Insider

900.5K

% of company

2.60%

Change vs last qtr

—

Held since

—

10 more holders behind a free account

See every insider and 5%+ holder of Heritage Global Inc.

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