Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in HNI held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 10.7M | $431.7M | +3.3% | 14.737% | 0.01% |
| 2 | FMR LLC | 10.6M | $429.7M | +35.7% | 14.669% | 0.02% |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 4.8M | $193.0M | +5.3% | 6.589% | 0.01% |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 3.2M | $130.0M | +6.0% | 4.438% | 0.00% |
| 5 | STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | 2.9M | $118.2M | 0.0% | 4.034% | 0.08% |
| 6 | STATE STREET CORP | 2.8M | $113.0M | +4.2% | 3.857% | 0.00% |
| 7 | DIMENSIONAL FUND ADVISORS LP | 2.5M | $103.0M | -14.2% | 3.515% | 0.02% |
| 8 | NORTHERN TRUST CORP | 2.3M | $94.9M | +3.0% | 3.239% | 0.01% |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | 1.9M | $75.9M | +8.2% | 2.589% | 0.00% |
| 10 | FIFTH THIRD BANCORP | 1.5M | $60.6M | -5.0% | 2.068% | 0.10% |
| 11 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.0M | $42.4M | -7.4% | 1.446% | 0.01% |
| 12 | Bank of New York Mellon Corp | 940K | $38.0M | -21.6% | 1.297% | 0.01% |
| 13 | MORGAN STANLEY | 920K | $37.2M | +23.5% | 1.268% | 0.00% |
| 14 | AMERIPRISE FINANCIAL INC | 907K | $36.7M | +0.2% | 1.251% | 0.01% |
| 15 | Nuveen, LLC | 844K | $34.1M | +285.8% | 1.164% | 0.01% |
| 16 | COOKE & BIELER LP | 799K | $32.3M | -17.3% | 1.102% | 0.37% |
| 17 | ROYAL BANK OF CANADA | 664K | $26.8M | +1280.8% | 0.916% | 0.00% |
| 18 | SYSTEMATIC FINANCIAL MANAGEMENT LP | 620K | $25.1M | +8.5% | 0.856% | 0.50% |
| 19 | Front Street Capital Management, Inc. | 581K | $23.5M | +129.9% | 0.801% | 2.66% |
| 20 | LONE PEAK GLOBAL INVESTORS LLC | 537K | $21.7M | -2.0% | 0.740% | 2.98% |
| 21 | VANGUARD FIDUCIARY TRUST CO | 467K | $18.9M | +0.9% | 0.644% | 0.00% |
| 22 | PRINCIPAL FINANCIAL GROUP INC | 420K | $17.0M | +1.5% | 0.579% | 0.01% |
| 23 | Pillsbury Lake Capital LLC | 413K | $16.7M | +86.6% | 0.569% | 4.55% |
| 24 | VICTORY CAPITAL MANAGEMENT INC | 412K | $16.6M | +33.0% | 0.568% | 0.01% |
| 25 | BANK OF AMERICA CORP /DE/ | 389K | $15.7M | -37.2% | 0.537% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in HNI — a direct measure of their conviction.
Filings activity in HNI during Q2 2026, grouped by how each filer changed its position.
Institutions that opened a new HNI position in Q2 2026
Institutions that fully closed their HNI position in Q2 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 275 | 2.5% | 87.43% | +4.75 pp | $2.50B | +27% |
| Q1 2026 | 282 | 5.4% | 82.68% | +1.66 pp | $1.98B | 19% |
| Q4 2025 | 298 | +7.2% | 81.02% | +21.77 pp | $2.43B | +23% |
| Q3 2025 | 278 | +13% | 59.25% | 18.19 pp | $1.98B | +11% |
| Q2 2025 | 245 | +0.8% | 77.44% | 0.08 pp | $1.78B | +11% |
| Q1 2025 | 243 | +9.0% | 77.52% | 5.58 pp | $1.61B | 18% |
| Q4 2024 | 223 | 5.5% | 83.10% | +30.58 pp | $1.97B | 1.5% |
| Q3 2024 | 236 | — | 52.52% | — | $2.00B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying HNI stock.
Based on Q2 2026 13F filings, institutional ownership of HNI Corporation stands at 87.4%, held across 275 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of HNI, with approximately 10,684,086 shares worth $0.43B as of Q2 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of HNI.
Our composite Smart Money Score for HNI is 42 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
48 institutions opened new positions in HNI during Q2 2026, while 56 fully exited. 174 added to existing positions and 47 trimmed.
HNI institutional ownership rose by 4.75 percentage points quarter-over-quarter, with a net change of -7 holders.
The top 10 institutions account for 69.9% of all reported 13F value in HNI, and the top 25 account for 86.0%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
HNI Corporation (HNI) Institutional Ownership