Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Hni Corp (HNI)

271 + Investors. Track Smart Money conviction in HNI. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -6
Streak
2Q ▼
Buyers last Q
49%

Smart Money Signals — HNI

Based on 274 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their HNI positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 91% of 3.0Y peak

91% of all-time peak
274 funds currently hold this stock — 91% of the 3.0-year high of 301 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +11% more funds vs a year ago

fund count last 6Q
+27 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 49% buying

148 buying151 selling
Last quarter: 151 funds reduced or exited vs 148 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
📈

More new buyers each quarter (+11 vs last Q)

new funds entering per quarter
Funds opening a new HNI position: 64 → 65 → 47 → 58. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

56% of holders stayed for 2+ years

■ 56% conviction (2yr+) ■ 17% medium ■ 27% new
153 out of 274 hedge funds have held HNI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +30% but shares only +11% — price-driven

Value
+30%
Shares
+10%
Last quarter: the total dollar value of institutional holdings rose +30%, but actual share count only changed +11%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📊

Peak discovery — momentum slowing

36 → 64 → 65 → 47 → 58 new funds/Q
New funds entering each quarter: 64 → 65 → 47 → 58. HNI is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 61% veterans vs 30% newcomers

■ 61% veterans ■ 9% 1-2yr ■ 30% new
Entry-cohort mix of 275 holders: 167 (61%) are 2+ year veterans, 26 entered 1–2 years ago, and 82 (30%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 71% AUM from top-100 funds

71% from top-100 AUM funds
49 of 273 holders are among the 100 largest funds by AUM, controlling 71% of total institutional value in HNI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — HNI

In 2026 Q2, 148 hedge funds were net buyers of HNI (58 opened a new position, 90 added to an existing one), while 151 reduced or exited (87 trimmed, 64 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 71% of total institutional value in HNI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -6 funds (more exits than new entries). Total institutional holders: 274.

Hedge Fund Ownership: HNI

How many hedge funds hold HNI — quarterly history vs. share price
Quarterly hedge fund ownership of HNI vs. share price

Market Analysis: HNI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HNI

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

9 top-rated funds 2 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
2.2
/ 10
conviction
Hedge Fund Positioning: HNI
271 + Investors

Track Smart Money conviction in HNI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 271 280 -3.21%
13F Shares 63M 60M 5.58%
Total Value $2.49B $1.97B 26.38%
New Positions 58 47 +11
Increased Positions 89 107 -18
Closed Positions 66 67 -1
Reduced Positions 85 92 -7
Total Calls 2 0 100%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: HNI

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Institutional Holders (2026 Q2)

271 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in HNI. Verified SEC 13F-HR filings.

QUARTER:
Top 25 HNI holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Pillsbury Lake Capital LLC 4.55% 412,808 $16.7M
2 Burnham & Co LLC 3.25% 99,589 $4.0M
3 Lone Peak Global Investors LLC 2.98% 536,672 $21.7M
4 Front Street Capital Management, Inc. 2.66% 580,610 $23.5M
5 Medina Value Partners, LLC 2.01% 253,460 $10.2M
6 Bastion Asset Management Inc. 1.30% 103,713 $3.8M
7 S.A. Mason LLC 0.94% 75,976 $3.1M
8 Conversant Capital LLC 0.88% 185,000 $7.5M
9 SG Capital Management LLC 0.74% 222,882 $9.0M
10 Ironwood Investment Management LLC 0.73% 52,031 $2.1M
11 VARCOV Co. 0.58% 37,862 $1.5M
12 Systematic Financial Management LP 0.50% 620,309 $25.1M
13 DMKC Advisory Services, LLC 0.45% 58,324 $2.4M
14 Grace & White Inc /Ny 0.37% 58,455 $2.4M
15 Cooke & Bieler LP 0.37% 798,957 $32.3M
16 Prelude Capital Management, LLC 0.35% 119,243 $4.8M
17 Atom Investors LP 0.34% 93,877 $3.8M
18 Wealthspan Partners, LLC 0.19% 15,059 $609K
19 Polaris Capital Management, LLC 0.17% 44,500 $1.8M
20 Crawford Investment Counsel Inc 0.15% 222,233 $9.0M
21 Verity Asset Management, Inc. 0.14% 9,170 $371K
22 Oxford Financial Group, LTD. LLC 0.13% 63,690 $2.6M
23 Blueshift Asset Management, LLC 0.11% 12,198 $493K
24 Douglas Lane & Associates, LLC 0.11% 206,841 $8.4M
25 Fifth Third Bancorp 0.10% 1,499,640 $60.6M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Hni Corp (HNI)

What does the Smart Money Trend signal show for HNI?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their HNI positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for HNI?

More sellers than buyers — 49% buying: Last quarter: 151 funds reduced or exited vs 148 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for HNI holders?

Elite ownership — 71% AUM from top-100 funds: 49 of 273 holders are among the 100 largest funds by AUM, controlling 71% of total institutional value in HNI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held HNI?

56% of holders stayed for 2+ years: 153 out of 274 hedge funds have held HNI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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