Hearts and Minds Investments Limited (HM1), an ASX-listed company, is a listed investment company that provides a concentrated portfolio of long-only positions in 25-35 global securities based on the conviction ideas from respected fund managers. The Company forgoes any investment fees and instead donates to Australian medical research organisations.
| ASX Code | HM1 |
| Website | http://hm1.com.au |
| Industry/Sector | Asset Management & Custody Banks |
| Market Cap ($M) | 684 |
| HM1 Share Price | $2.990 |
| Day High | $3.020 |
| Day Low | $2.970 |
| Last Close | $2.990 |
| HM1 Share Price Movement | - ( No change ) |
| Distribution Type | Dividend | Franking | Ex-dividend date | Payment date | Current Price+ | Price 7D Avg | Dividend Yield |
|---|---|---|---|---|---|---|---|
| Result | 9.5¢ | 100% | 25 Feb 2026 | 16 Apr 2026 | - | - | - |
| HFResult | 9¢ | 100% | 10 Sep 2025 | 16 Oct 2025 | - | - | - |
| Result | 8¢ | 100% | 26 Feb 2025 | 17 Apr 2025 | - | - | - |
See all dividends from Hearts and Minds Investments Limited (HM1) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.
| Year to Jun | NPAT | EPS | EPS chg (%) | PER | DPS | Yield (%) | Franking (%) |
|---|---|---|---|---|---|---|---|
| 2025A | $106.82 | $46.70 | 109.60% | 6.30 | 17.00 | 5.80% | 100.0% |
| 2024A | $50.93 | $22.30 | 55.10% | 10.90 | 14.50 | 6.00% | 100.0% |
| 2023A | $32.73 | $14.40 | -134.30% | 16.60 | 20.50 | 8.60% | 100.0% |
| Company | Mkt Cap | EPS Growth (%) | P/E (%) | Dividend Yield (%) | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 A | 2024 A | 2025 A | 2023 A | 2024 A | 2025 A | 2023 A | 2024 A | 2025 A | ||
| GQG Partners Inc. (GQG) | $4,260M | -0.0055 | 0.0249 | -0.0614 | 6.0862 | 5.9381 | 6.3269 | 15.24% | 12.41% | 10.53% |
| Hearts and Minds Investments Limited (HM1) | $685M | 1.0957 | 0.0000 | 0.0000 | 6.4094 | 0.0000 | 0.0000 | 5.69% | 0.00% | 0.00% |
| L1 Group Limited (L1G) | $3,170M | -0.8601 | 2.9358 | 0.2634 | 113.3028 | 28.7879 | 22.7860 | 17.41% | 2.99% | 4.34% |
| Netwealth Group Limited (NWL) | $5,995M | 0.3930 | 0.1093 | 0.1450 | 51.4316 | 46.3655 | 40.4939 | 1.58% | 1.76% | 2.00% |
| Pinnacle Investment Management Group Limited (PNI) | $4,302M | 0.3714 | 0.0644 | 0.3874 | 28.6058 | 26.8744 | 19.3706 | 3.36% | 3.49% | 4.66% |
| Earnings | P/E Ratio | P/B Ratio | P/E Growth | |
|---|---|---|---|---|
| Company | 0.20 | 6.41 | 0.87 | 0.00 |
| Market | 0.28 | 13.00 | 1.14 | 0.58 |
| Sector | 0.27 | 10.91 | 1.04 | 1.19 |
| Name | Position | Start Date |
|---|---|---|
| Mr Christopher (Chris) Edgar Cuffe | Non-Executive Chairman, Non-Executive Director | 12 Sep 2018 |
| Dr Gary Hilton Weiss | Non-Executive Director | 12 Sep 2018 |
| Mr Geoffrey(Geoff) James Wilson | Non-Executive Director | 25 Sep 2018 |
| Mr Michael William Traill | Non-Executive Director | 25 Sep 2018 |
| Mr Richard Howes | Non-Executive Director | 1 Jun 2025 |
| Mr David Wright | Non-Executive Director | 25 Sep 2018 |
| Ms Lorraine Berends | Non-Executive Director | 25 Sep 2018 |
| Mr Guy Fowler | Non-Executive Director | 22 Oct 2018 |
| Mr Matthew Grounds | Non-Executive Director | 22 Oct 2018 |
| Date of change | Director | Buy/Sell | Security Type | Qty | Trade Price | Value |
|---|---|---|---|---|---|---|
| 16 Apr 2026 | WRIGHT, David | Issued | Indirect Shares | 3,539 | $2.757 | $9,757.448 |
| 16 Apr 2026 | WEISS, Gary | Issued | Indirect Shares | 1,926 | $2.757 | $5,310.213 |
| 16 Oct 2025 | WRIGHT, David | Buy | Indirect Shares | 2,710 | $3.452 | $9,354.297 |
See all changes in directors' interest & trades for Hearts and Minds Investments Limited (HM1) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.
| Name | Position |
|---|---|
| Paul Alexander Rayson | Chief Executive Officer |
| Charlie Lanchester | Chief Investment Officer |
| Natalie Sylvia Climo | Company Secretary |
Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in Hearts and Minds Investments Limited (HM1). However, you won't necessarily see their names in the company’s annual report, as many trade under nominee names. These shareholders are obliged to provide ongoing substantial notices relating to any change of 1% or more.
| Holding | Name |
|---|---|
| 20,741,756 (9.06%) | Saba Capital Management GP LLC |
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