Who owns Hawaiian Electric Industries (HE)
Which tracked institutional funds hold HE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See HE company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
45 tracked funds added or opened HE while 73 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
HE’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in HE divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 312 tracked filers holding HE, 167 increased or opened the position and 151 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in HE between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 8
- DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main$4M
- BALYASNY ASSET MANAGEMENT L.P.$2M
- Susquehanna Portfolio Strategies, LLC$2M
- Jupiter Topco LLC$1M
- PKS Advisory Services, LLC$948K
- Jump Financial, LLC$920K
Full exits 25
- T. Rowe Price Investment Management, Inc.$92M
- HRT FINANCIAL LP$8M
- CSM Advisors, LLC$8M
- HighTower Advisors, LLC$6M
- Janney Montgomery Scott LLC$5M
- Sagefield Capital LP$3M
Largest adds
- BlackRock, Inc.$87M
- JUPITER ASSET MANAGEMENT LTD$21M
- CITADEL ADVISORS LLC$9M
- Invesco Ltd.$8M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$5M
- UBS Group AG$4M
Largest trims
- HORIZON KINETICS ASSET MANAGEMENT LLC$18M
- VANGUARD PORTFOLIO MANAGEMENT LLC$12M
- 12 West Capital Management LP$11M
- VANGUARD CAPITAL MANAGEMENT LLC$9M
- BANK OF AMERICA CORP /DE/$8M
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC$8M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 26,483,206 | $358M | 20.2% | 2026-Q2 |
| HORIZON KINETICS ASSET MANAGEMENT LLC added | 22,395,397 | $303M | 17.0% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 10,373,982 | $140M | 7.9% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 7,479,058 | $101M | 5.7% | 2026-Q2 |
| STATE STREET CORP added | 7,181,312 | $97M | 5.5% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 4,335,526 | $59M | 3.3% | 2026-Q2 |
| Quantinno Capital Management LP added | 3,979,937 | $54M | 3.0% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 3,086,280 | $42M | 2.3% | 2026-Q2 |
| Invesco Ltd. added | 2,662,995 | $36M | 2.0% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 2,574,951 | $35M | 2.0% | 2026-Q2 |
| MORGAN STANLEY trimmed | 2,501,036 | $34M | 1.9% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 2,375,093 | $32M | 1.8% | 2026-Q2 |
| NORTHERN TRUST CORP added | 1,916,443 | $26M | 1.5% | 2026-Q2 |
| JUPITER ASSET MANAGEMENT LTD added | 1,804,720 | $24M | 1.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 1,552,999 | $21M | 1.2% | 2026-Q2 |
| UBS Group AG added | 1,378,357 | $19M | 1.0% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 1,338,368 | $18M | 1.0% | 2026-Q2 |
| MAD RIVER INVESTORS added | 1,321,850 | $18M | 1.0% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 1,133,112 | $15M | 0.9% | 2026-Q2 |
| 12 West Capital Management LP trimmed | 1,125,000 | $15M | 0.9% | 2026-Q2 |
| Bank of New York Mellon Corp added | 1,091,015 | $15M | 0.8% | 2026-Q2 |
| CONGRESS ASSET MANAGEMENT CO added | 996,265 | $13M | 0.8% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 977,013 | $13M | 0.8% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 973,430 | $13M | 0.7% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 862,812 | $12M | 0.7% | 2026-Q2 |
| Nuveen, LLC trimmed | 729,187 | $10M | 0.6% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 646,672 | $9M | 0.5% | 2026-Q2 |
| Legal & General Group Plc trimmed | 637,096 | $9M | 0.5% | 2026-Q2 |
| Public Sector Pension Investment Board trimmed | 593,105 | $8M | 0.5% | 2026-Q2 |
| Moors & Cabot, Inc. added | 578,331 | $8M | 0.4% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC added | 545,476 | $7M | 0.4% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 532,200 | $7M | 0.4% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 516,080 | $7M | 0.4% | 2026-Q2 |
| PDT Partners, LLC | 511,975 | $7M | 0.4% | 2026-Q2 |
| Corient Private Wealth LP added | 496,185 | $7M | 0.4% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 493,933 | $7M | 0.4% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 475,190 | $6M | 0.4% | 2026-Q2 |
| VOYA INVESTMENT MANAGEMENT LLC added | 438,400 | $6M | 0.3% | 2026-Q2 |
| EagleClaw Capital Managment, LLC added | 434,750 | $6M | 0.3% | 2026-Q2 |
| CITIGROUP INC trimmed | 434,344 | $6M | 0.3% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 432,957 | $6M | 0.3% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 432,871 | $6M | 0.3% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC added | 425,836 | $6M | 0.3% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 421,854 | $6M | 0.3% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 404,828 | $6M | 0.3% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 378,305 | $5M | 0.3% | 2026-Q2 |
| Swiss National Bank added | 346,400 | $5M | 0.3% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD added | 344,693 | $5M | 0.3% | 2026-Q2 |
| GABELLI FUNDS LLC trimmed | 335,700 | $5M | 0.3% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 318,100 | $4M | 0.2% | 2026-Q2 |
| Allianz Asset Management GmbH added | 313,593 | $4M | 0.2% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 285,593 | $4M | 0.2% | 2026-Q2 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main new | 285,215 | $4M | 0.2% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 271,210 | $4M | 0.2% | 2026-Q2 |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS trimmed | 263,742 | $4M | 0.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 244,660 | $3M | 0.2% | 2026-Q2 |
| ALGERT GLOBAL LLC added | 234,640 | $3M | 0.2% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 226,388 | $3M | 0.2% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 226,351 | $3M | 0.2% | 2026-Q2 |
| FMR LLC added | 208,282 | $3M | 0.2% | 2026-Q2 |
| RBF Capital, LLC | 200,000 | $3M | 0.2% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 199,553 | $3M | 0.2% | 2026-Q2 |
| FEDERATED HERMES, INC. added | 193,263 | $3M | 0.1% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 184,024 | $2M | 0.1% | 2026-Q2 |
| BOOTHBAY FUND MANAGEMENT, LLC added | 183,711 | $2M | 0.1% | 2026-Q2 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed | 181,940 | $2M | 0.1% | 2026-Q2 |
| IEQ CAPITAL, LLC added | 173,001 | $2M | 0.1% | 2026-Q2 |
| GAMCO INVESTORS, INC. ET AL trimmed | 170,009 | $2M | 0.1% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 158,696 | $2M | 0.1% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 148,042 | $2M | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 146,052 | $2M | 0.1% | 2026-Q2 |
| Advisory Services Network, LLC added | 142,319 | $2M | 0.1% | 2026-Q2 |
| LPL Financial LLC added | 141,690 | $2M | 0.1% | 2026-Q2 |
| Summit Trail Advisors, LLC added | 140,137 | $2M | 0.1% | 2026-Q2 |
| Quantbot Technologies LP trimmed | 136,376 | $2M | 0.1% | 2026-Q2 |
| Focus Partners Wealth added | 135,183 | $2M | 0.1% | 2026-Q2 |
| Caprock Group, LLC trimmed | 130,257 | $2M | 0.1% | 2026-Q2 |
| Vanguard Investments Australia, Ltd. added | 128,691 | $2M | 0.1% | 2026-Q2 |
| PROMETHIUM ADVISORS,LLC added | 125,450 | $2M | 0.1% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 116,476 | $2M | 0.1% | 2026-Q2 |
| Atlas Wealth Partners, LLC added | 116,117 | $2M | 0.1% | 2026-Q2 |
| Susquehanna Portfolio Strategies, LLC added | 115,422 | $2M | 0.1% | 2026-Q2 |
| BARCLAYS PLC added | 113,841 | $2M | 0.1% | 2026-Q2 |
| MACQUARIE GROUP LTD trimmed | 111,865 | $2M | 0.1% | 2026-Q2 |
| MetLife Investment Management, LLC added | 96,634 | $1M | 0.1% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 92,678 | $1M | 0.1% | 2026-Q2 |
| Illinois Municipal Retirement Fund trimmed | 92,233 | $1M | 0.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 89,843 | $1M | 0.1% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 89,551 | $1M | 0.1% | 2026-Q2 |
| VIRGINIA RETIREMENT SYSTEMS ET Al added | 89,178 | $1M | 0.1% | 2026-Q2 |
| XTX Topco Ltd added | 88,569 | $1M | 0.1% | 2026-Q2 |
| Jefferies Financial Group Inc. trimmed | 87,900 | $1M | 0.1% | 2026-Q2 |
| State of New Jersey Common Pension Fund D trimmed | 86,525 | $1M | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 86,432 | $1M | 0.1% | 2026-Q2 |
| Bridgewater Associates, LP added | 85,706 | $1M | 0.1% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 85,310 | $1M | 0.1% | 2026-Q2 |
| BURNEY CO/ added | 84,369 | $1M | 0.1% | 2026-Q2 |
| WINTON GROUP Ltd added | 83,880 | $1M | 0.1% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 81,194 | $1M | 0.1% | 2026-Q2 |
| Louisiana State Employees Retirement System | 76,600 | $1M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.