Helgi Hundingsbane is a hero in Norse sagas. Helgi appears in Volsunga saga and in two lays in the Poetic Edda named Helgakviða Hundingsbana I and Helgakviða Hundingsbana II. The Poetic Edda relates that Helgi and his mistress Sigrún were Helgi Hjörvarðsson and Sváva of the Helgakviða Hjörvarðssonar reborn. They were once again reborn as Helgi Haddingjaskati and Kára whose story survives as a part of the Hrómundar saga Gripssonar.
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Helgi appears to be the son of Sigmund and Borghild, and only fifteen years old he avenges his father by slaying Hunding, the king of the Saxons. This gives him the cognomen Hunding's bane. He continues with his warlike feats and one day, as he stands aboard his longship, he is visited by a valkyrie named Sigrún, who can ride through the air and over the sea and who knows well about his feats. She embraces him and kisses him, and he immediately falls in love with her.
However, her father king Högne of Östergötland has promised her to Hothbrodd, the son of king Granmar of Södermanland. Helgi collects a force at Brandey (probably modern Brändholmen/Brändö, , at the estuary of the bay of Bråviken, until 1813 named Brandö, the modern Swedish form of Brandey) and goes to Granmarr's kingdom. It is retold in detail about the gathering of the forces and of how, in a great battle, Helgi and his brother Sinfjötli fight with Högne, his son Dag, Granmar and all of Granmar's sons Hothbrodd, Starkad and Gudmund. Everyone dies but Helgi, Sinfjötli and Högne's youngest son Dag. Sigrún bids an angry farewell to the dying Hothbrodd and cries with happiness when she learns that her whole family is dead but Dag, who swears allegiance to Helgi.
Sigrún and Helgi marry and they have several sons. Dag is, however, tormented by the fact that honour demands that he avenge his father. Somehow, Odin lends him a spear, and he dutifully pierces Helgi with it. Then he goes to Sigrún to give his condolences, which makes her curse him:
She tells Dag to flee into the woods and to thenceforth live on carrion. Then she buries Helgi in a barrow, but Helgi's soul is already in Valhalla, where Odin tells him to make himself comfortable. Helgi gladly obeys and orders Hunding to feed the pigs, to wash the einherjars' feet and to do other menial chores.
One evening, someone says that he has seen Helgi ride with a large retinue into his own barrow, and so Sigrún goes to the barrow in order to see Helgi. His hair is covered with frost, his body is sullied with blood and his hands are wet. He explains that this is because every tear she has shed has fallen wet and cold on him. In spite of this, she prepares the bed in his mound and they spend a comfortable and wonderful night together.
Before day breaks, Helgi has to return to Valhalla. Sigrún returns home and spends the rest of her life waiting in vain for Helgi to return to his barrow one more time.
Helgi is attributed to two different genealogies in the sagas. He is described as an Ylfing (the Wylfings of Beowulf) in several places, but also as a Völsung since he is described as the son of Sigmund and Borghild and the brother of Sinfjotle and Sigurd. This is probably due to a merger between the legend of the Völsungs and an earlier legend of Helgi Hundingsbane.
Both Högne and Helgi are described as kings of East Götaland, which may seem to be a contradiction. However, in the Heimskringla we learn that Högne was the father-in-law of the Ylfing Hjörvard. Since both are Ylfings or married into the clan, the battle between Helgi and Högne was apparently a civil war. The existence of a civil war may explain why Hjörvard was a sea-king, a man without roof, despite being described by Sögubrot as a former ruler of East Götaland. If so, the legends may be based on a civil war where Högne had usurped the throne from Hjörvard, but was killed by Hjörvard's kinsman Helgi.
The Völsung origin is most likely a later addition, since the legends of Sigurd describe events in the 5th century and those of Helgi describe events in the 7th century. Moreover, in the 7th or 8th century poem Beowulf, the legends of Sigmund were already known.
In Gesta Danorum, which was written to glorify the past of the Danish nation, Helgi Saxo appears to have mixed Helgi Hundingbane with the Danish king Halga, as he claims that Helgi killed a Swedish king named Hunding. Hothbrodd was made a Swedish king and given Ohthere's position in the line. Because of this the Danish scholar Bugge tried, in 1896, to connect him to the Skjöldung Helgi.
Due to this modification, Helgi's residence Hringstaðir is occasionally interpreted as the Danish Ringsted. Others have remarked that, in the Norse sagas the Ylfings are never called Danish, and the only territory that they are said to have ruled is East Götaland. In the first poem (Helgakviða Hundingsbana I), Sinfjotle has his residence on the Bravellir (the plain west of Bråviken in East Götaland, see Battle of Bråvalla) and Helgi resides at Hringstaðir (probably modern Ringstad, an old royal estate on the same plain existing well before, and during, the 7th century).
Moreover, in the Heimskringla, their enemy Granmar (the father of Hothbrodd) was the king of Södermanland, which is adjacent to East Götaland, and not of Sweden.
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