Cliff Asness's HLI Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 399,342 shares of Houlihan Lokey, Inc. (HLI) worth $57.33 M, representing 0.03% of the portfolio. First purchased in 2017-Q1, this long-term strategic position has been held for 37 quarters.
Based on 13F filings, Cliff Asness has maintained a strategic position in HLI, demonstrating sustained confidence in this investment. Largest addition occurred in Q4 2025, adding 145,454 shares. Largest reduction occurred in Q1 2018, reducing 18,721 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Houlihan Lokey (HLI) Holding Value Over Time
Track share changes against reported price movement
Quarterly Houlihan Lokey (HLI) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | +19,864 | Add 5.23% | 399,342 | $143.57 |
| Q4 2025 | +145,454 | Add 62.15% | 379,478 | $174.19 |
| Q3 2025 | +102,490 | Add 77.92% | 234,024 | $205.32 |
| Q2 2025 | +101,880 | Add 343.56% | 131,534 | $179.95 |
| Q1 2025 | +9,891 | Add 50.05% | 29,654 | $155.06 |
| Q4 2024 | +5,047 | Add 34.30% | 19,763 | $173.65 |
| Q3 2024 | +3,320 | Add 29.13% | 14,716 | $156.63 |
| Q2 2024 | +4,844 | Add 73.93% | 11,396 | $134.85 |
| Q1 2024 | +1,040 | Add 18.87% | 6,552 | $128.20 |
| Q4 2023 | -2,537 | Reduce 31.52% | 5,512 | $119.92 |
| Q3 2023 | -1,766 | Reduce 17.99% | 8,049 | $107.12 |
| Q2 2023 | -1,453 | Reduce 12.89% | 9,815 | $98.31 |
| Q1 2023 | +2,259 | Add 25.07% | 11,268 | $87.49 |
| Q4 2022 | -685 | Reduce 7.07% | 9,009 | $87.16 |
| Q3 2022 | -6,359 | Reduce 39.61% | 9,694 | $75.41 |
| Q2 2022 | -124 | Reduce 0.77% | 16,053 | $78.93 |
| Q1 2022 | +1,185 | Add 7.90% | 16,177 | $87.78 |
| Q4 2021 | +5,885 | Add 64.62% | 14,992 | $103.52 |
| Q3 2021 | -937 | Reduce 9.33% | 9,107 | $92.13 |
| Q2 2021 | -11,368 | Reduce 53.09% | 10,044 | $81.74 |
| Q1 2021 | -5,579 | Reduce 20.67% | 21,412 | $66.50 |
| Q4 2020 | -841 | Reduce 3.02% | 26,991 | $67.24 |
| Q3 2020 | -7,046 | Reduce 20.20% | 27,832 | $59.03 |
| Q2 2020 | +7,450 | Add 27.16% | 34,878 | $55.65 |
| Q1 2020 | +21,388 | Add 354.11% | 27,428 | $52.14 |
| Q4 2019 | +6,040 | New Buy | 6,040 | $48.84 |
| Q3 2019 | -5,429 | Sold Out | 0 | $0.00 |
| Q2 2019 | -384 | Reduce 6.61% | 5,429 | $44.58 |
| Q1 2019 | -3,570 | Reduce 38.05% | 5,813 | $45.93 |
| Q4 2018 | -17,600 | Reduce 65.23% | 9,383 | $36.77 |
| Q3 2018 | -134 | Reduce 0.49% | 26,983 | $44.92 |
| Q2 2018 | +124 | Add 0.46% | 27,117 | $51.22 |
| Q1 2018 | -18,721 | Reduce 40.95% | 26,993 | $44.60 |
| Q4 2017 | -2,978 | Reduce 6.12% | 45,714 | $45.43 |
| Q3 2017 | +19,851 | Add 68.83% | 48,692 | $39.12 |
| Q2 2017 | +12,719 | Add 78.89% | 28,841 | $34.92 |
| Q1 2017 | +16,122 | New Buy | 16,122 | $34.43 |
Cliff Asness's Houlihan Lokey Investment FAQs
Cliff Asness first purchased Houlihan Lokey, Inc. (HLI) in Q1 2017, acquiring 16,122 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Houlihan Lokey, Inc. (HLI) for 37 quarters since Q1 2017.
Cliff Asness's largest addition to Houlihan Lokey, Inc. (HLI) was in Q4 2025, adding 379,478 shares worth $66.1 M.
According to the latest 13F filing for Q1 2026, Cliff Asness's firm, Aqr Capital Management LLC, owns 399,342 shares of Houlihan Lokey, Inc. (HLI), valued at approximately $57.33 M.
As of the Q1 2026 filing, Houlihan Lokey, Inc. (HLI) represents approximately 0.03% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Houlihan Lokey, Inc. (HLI) was 399,342 shares, as reported at the end of Q1 2026.