HGBL - Heritage Global
Printed from CEF Radar (cefradar.com). Source: public filings at the U.S. Securities and Exchange Commission. Last checked: Nov 2, 2026, 1:39 a.m. New York time.
HGBL is a company, not a closed-end fund. We still track it - notices about it are below - but most of this site is about funds.
Is anyone targeting this fund?
Yes - 2 large investors hold stakes in this company, and 1 of them is pushing for changes.
- Ross Dove owns 5.8% and has said it may push for changes. Since Sept 29, 2026.
- Punch owns 6.5% as a passive investor. On file since Feb 14, 2024.
What this means for you
Ross Dove has told the regulator it may push for changes at this company. That usually means asking for a seat on the board, a sale of the company, or a change in how it is run.
Nothing is required of you now.
Large investors can also sell down and walk away. We show every notice they file, the day it is filed.
What happened, and when
-
Sept 29, 2026
Ross Dove now owns 5.8%. It has said it may push for changes.
Original document → -
May 15, 2026
Punch cut its stake to 6.5% (from 7.5%), as a passive investor.
Original document → -
Feb 14, 2024
Punch now owns 7.5%, as a passive investor.
Original document →
Details: all notices, events and fund facts
| Date | Investor | Stake | Type of notice |
|---|---|---|---|
| Sept 29, 2026 | Ross Dove | 5.8% | Updated notice |
| May 15, 2026 | Punch | 6.5% | Updated notice |
| Feb 14, 2024 | Punch | 7.5% | Updated notice |
No announcements from the fund on file. Most funds announce their payout on their own website, not in a filing with the regulator, so a cut or a raise there does not show up here.
- Run by
- not filed yet
- Fund family
- not filed yet
- Exchange
- Nasdaq
See this fund's page at the SEC →
Email me when something new is filed for HGBL
Free. One email when a large investor files a notice, or when the fund announces a buy-back, a vote or a closing - usually within a day. No password. Most funds announce payout changes on their own website, where we do not look.