Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Horace Mann Educators Corp N (HMN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +9
Streak
1Q ▲
Buyers last Q
57%

Smart Money Signals — HMN

Based on 260 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added HMN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
260 hedge funds hold HMN right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +9% more funds vs a year ago

fund count last 6Q
+22 new funds entered over the past year (+9% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 57% buying

146 buying110 selling
Last quarter: 146 funds bought or added vs 110 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+12 vs last Q)

new funds entering per quarter
Funds opening a new HMN position: 31 → 35 → 35 → 47. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 16% medium ■ 20% new
165 out of 260 hedge funds have held HMN 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 +26% but shares only +9% — price-driven

Value
+26%
Shares
+8%
Last quarter: the total dollar value of institutional holdings rose +26%, but actual share count only changed +9%. 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.
📈

Growing discovery — still being found

44 → 31 → 35 → 35 → 47 new funds/Q
New funds entering each quarter: 31 → 35 → 35 → 47. A growing number of institutions are discovering HMN each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 69% veterans vs 23% newcomers

■ 69% veterans ■ 7% 1-2yr ■ 23% new
Entry-cohort mix of 260 holders: 180 (69%) are 2+ year veterans, 19 entered 1–2 years ago, and 61 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 62% AUM from top-100 funds

62% from top-100 AUM funds
51 of 260 holders are among the 100 largest funds by AUM, controlling 62% of total institutional value in HMN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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 — HMN

In 2026 Q2, 146 hedge funds were net buyers of HMN (47 opened a new position, 99 added to an existing one), while 110 reduced or exited (72 trimmed, 38 sold completely) — a 57% buyer ratio, indicating a slight buying edge. 62% of total institutional value in HMN is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +9 funds (more new holders than closures). Total institutional holders: 260.

Hedge Fund Ownership: HMN

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

Market Analysis: HMN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HMN

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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.

12 top-rated funds 1 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: HMN
258 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 258 251 2.79%
13F Shares 42M 41M 2.86%
Total Value $1.98B $1.60B 23.38%
New Positions 46 35 +11
Increased Positions 98 80 +18
Closed Positions 39 35 +4
Reduced Positions 72 94 -22
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: HMN

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Financial Highlights

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Institutional Holders (2026 Q2)

258 + investors

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

QUARTER:
Top 25 HMN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Longboard Asset Management, LP 3.73% 4,310 $223K
2 Icon Advisers Inc/Co 1.41% 145,037 $7.5M
3 Bragg Financial Advisors, Inc 0.63% 454,836 $23.5M
4 Wasatch Advisors LP 0.47% 1,401,027 $72.4M
5 Palisade Capital Management, LP 0.32% 141,314 $7.3M
6 Bridgeway Capital Management, LLC 0.29% 319,332 $16.5M
7 Fuller & Thaler Asset Management, INC. 0.27% 1,915,839 $99.0M
8 Emerald Investment Advisers, LLC 0.23% 67,208 $3.5M
9 EntryPoint Capital, LLC 0.21% 9,612 $314K
10 Earnest Partners LLC 0.21% 1,122,824 $58.0M
11 Hodges Capital Management Inc. 0.16% 47,376 $2.4M
12 Nia Impact Advisors, LLC 0.11% 5,072 $262K
13 Edgestream Partners, L.P. 0.09% 60,480 $3.1M
14 Hotchkis & Wiley Capital Management LLC 0.08% 549,837 $28.4M
15 Odyssean, LLC 0.08% 9,558 $494K
16 Martingale Asset Management L P 0.07% 60,139 $3.1M
17 NJ State Employees Deferred Compensation Plan 0.07% 14,000 $632K
18 Brown Advisory Inc 0.07% 829,104 $42.8M
19 North Star Investment Management Corp. 0.06% 23,000 $1.2M
20 Blueshift Asset Management, LLC 0.06% 5,335 $276K
21 Inceptionr LLC 0.06% 4,954 $256K
22 Empowered Funds, LLC 0.05% 197,332 $10.2M
23 Hillsdale Investment Management Inc. 0.05% 40,600 $2.1M
24 Tectonic Advisors LLC 0.04% 17,537 $906K
25 Cornerstone Wealth Group, LLC 0.04% 14,225 $735K
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 — Horace Mann Educators Corp N (HMN)

What does the Smart Money Trend signal show for HMN?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added HMN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for HMN?

Slight buying edge — 57% buying: Last quarter: 146 funds bought or added vs 110 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for HMN holders?

Elite ownership — 62% AUM from top-100 funds: 51 of 260 holders are among the 100 largest funds by AUM, controlling 62% of total institutional value in HMN. 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 HMN?

63% of holders stayed for 2+ years: 165 out of 260 hedge funds have held HMN 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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