Who owns HHH (HHH)
Which tracked institutional funds hold HHH, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See HHH company fundamentals →
Ownership as of the 2026-Q1 13F filings. 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
44 tracked funds added or opened HHH while 105 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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
HHH’s largest tracked holder by dollar value, Pershing Square Capital Management, L.P., sizes it at 8.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 8.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in HHH 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 2025-Q4 and 2026-Q1, across 290 tracked filers holding HHH, 144 increased or opened the position and 181 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
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 HHH between the 2025-Q4 and 2026-Q1 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 22
- VANGUARD PORTFOLIO MANAGEMENT LLC$190M
- VANGUARD CAPITAL MANAGEMENT LLC$104M
- FRANKLIN RESOURCES INC$35M
- Flat Footed LLC$14M
- VANGUARD FIDUCIARY TRUST CO$12M
- Incline Global Management LLC$12M
Full exits 26
- VANGUARD GROUP INC$319M
- CRCM LP$49M
- Brandywine Global Investment Management, LLC$42M
- HRT FINANCIAL LP$10M
- MILLENNIUM MANAGEMENT LLC$8M
- CAPITAL FUND MANAGEMENT S.A.$5M
Largest adds
- Long Focus Capital Management, LLC$17M
- WELLS FARGO & COMPANY/MN$15M
- CITADEL ADVISORS LLC$7M
- AMERIPRISE FINANCIAL INC$4M
- ALLIANCEBERNSTEIN L.P.$3M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$3M
Largest trims
- Pershing Square Capital Management, L.P.$311M
- PERSHING SQUARE INC.$149M
- DIMENSIONAL FUND ADVISORS LP$30M
- BlackRock, Inc.$24M
- Russell Investments Group, Ltd.$16M
- DONALD SMITH & CO., INC.$15M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Pershing Square Capital Management, L.P. | 18,852,064 | $1.2B | 29.9% | 2026-Q1 |
| PERSHING SQUARE INC. | 9,000,000 | $569M | 14.3% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 3,007,740 | $190M | 4.8% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 2,822,522 | $179M | 4.5% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 1,649,652 | $104M | 2.6% | 2026-Q1 |
| BlackRock, Inc. trimmed | 1,479,435 | $94M | 2.3% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 1,470,378 | $93M | 2.3% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 1,239,333 | $78M | 2.0% | 2026-Q1 |
| DONALD SMITH & CO., INC. added | 1,043,822 | $66M | 1.7% | 2026-Q1 |
| Long Focus Capital Management, LLC added | 733,695 | $46M | 1.2% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 600,036 | $38M | 1.0% | 2026-Q1 |
| STATE STREET CORP added | 572,752 | $36M | 0.9% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 556,346 | $35M | 0.9% | 2026-Q1 |
| River Road Asset Management, LLC trimmed | 510,387 | $32M | 0.8% | 2026-Q1 |
| NORGES BANK added | 417,213 | $31M | 0.8% | 2026-Q1 |
| Northern Right Capital Management, L.P. added | 382,672 | $24M | 0.6% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 366,370 | $23M | 0.6% | 2026-Q1 |
| MORGAN STANLEY trimmed | 335,955 | $21M | 0.5% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 304,520 | $19M | 0.5% | 2026-Q1 |
| Consulta Ltd | 300,000 | $19M | 0.5% | 2026-Q1 |
| Gotham Asset Management, LLC trimmed | 295,007 | $19M | 0.5% | 2026-Q1 |
| FIRST MANHATTAN CO. LLC. trimmed | 239,757 | $15M | 0.4% | 2026-Q1 |
| JCP Investment Management, LLC added | 234,100 | $15M | 0.4% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 222,826 | $14M | 0.4% | 2026-Q1 |
| UBS Group AG added | 219,733 | $14M | 0.3% | 2026-Q1 |
| Flat Footed LLC new | 215,288 | $14M | 0.3% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 206,389 | $13M | 0.3% | 2026-Q1 |
| HORIZON KINETICS ASSET MANAGEMENT LLC trimmed | 196,410 | $12M | 0.3% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 195,789 | $12M | 0.3% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 192,782 | $12M | 0.3% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 191,883 | $12M | 0.3% | 2026-Q1 |
| Incline Global Management LLC added | 184,930 | $12M | 0.3% | 2026-Q1 |
| LMR Partners LLP added | 158,919 | $10M | 0.3% | 2026-Q1 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC added | 149,204 | $9M | 0.2% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 144,438 | $9M | 0.2% | 2026-Q1 |
| State of New Jersey Common Pension Fund D | 143,025 | $9M | 0.2% | 2026-Q1 |
| H/2 CREDIT MANAGER LP | 140,268 | $9M | 0.2% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 138,917 | $9M | 0.2% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 136,057 | $9M | 0.2% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL trimmed | 133,744 | $8M | 0.2% | 2026-Q1 |
| Northside Capital Management, LLC added | 130,483 | $8M | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 129,500 | $8M | 0.2% | 2026-Q1 |
| Amundi trimmed | 111,907 | $7M | 0.2% | 2026-Q1 |
| ZACKS INVESTMENT MANAGEMENT added | 107,964 | $7M | 0.2% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 105,670 | $7M | 0.2% | 2026-Q1 |
| Bank of New York Mellon Corp added | 103,298 | $7M | 0.2% | 2026-Q1 |
| Sowell Financial Services LLC added | 101,544 | $6M | 0.2% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 100,700 | $6M | 0.2% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 97,052 | $6M | 0.2% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 94,845 | $6M | 0.2% | 2026-Q1 |
| Bernzott Capital Advisors trimmed | 90,287 | $6M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 71,043 | $6M | 0.1% | 2026-Q1 |
| INGALLS & SNYDER LLC added | 87,304 | $6M | 0.1% | 2026-Q1 |
| Motley Fool Wealth Management, LLC trimmed | 86,126 | $5M | 0.1% | 2026-Q1 |
| OSSIAM new | 84,950 | $5M | 0.1% | 2026-Q1 |
| Tidal Investments LLC added | 75,683 | $5M | 0.1% | 2026-Q1 |
| JACOBS LEVY EQUITY MANAGEMENT, INC added | 74,304 | $5M | 0.1% | 2026-Q1 |
| Invesco Ltd. trimmed | 73,540 | $5M | 0.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 71,780 | $5M | 0.1% | 2026-Q1 |
| Nuveen, LLC added | 68,884 | $4M | 0.1% | 2026-Q1 |
| LOS ANGELES CAPITAL MANAGEMENT LLC trimmed | 65,270 | $4M | 0.1% | 2026-Q1 |
| Swiss National Bank | 64,500 | $4M | 0.1% | 2026-Q1 |
| STATE OF WISCONSIN INVESTMENT BOARD added | 61,594 | $4M | 0.1% | 2026-Q1 |
| PIN OAK INVESTMENT ADVISORS INC trimmed | 60,900 | $4M | 0.1% | 2026-Q1 |
| UniSuper Management Pty Ltd | 60,130 | $4M | 0.1% | 2026-Q1 |
| DARK FOREST CAPITAL MANAGEMENT LP added | 59,357 | $4M | 0.1% | 2026-Q1 |
| Jump Financial, LLC added | 58,400 | $4M | 0.1% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 57,951 | $4M | 0.1% | 2026-Q1 |
| Walleye Partners, LLC added | 57,151 | $4M | 0.1% | 2026-Q1 |
| CITIGROUP INC added | 54,252 | $3M | 0.1% | 2026-Q1 |
| Candriam S.C.A. added | 54,136 | $3M | 0.1% | 2026-Q1 |
| IFC Advisors LLC added | 52,674 | $3M | 0.1% | 2026-Q1 |
| LPL Financial LLC trimmed | 48,450 | $3M | 0.1% | 2026-Q1 |
| MARSHALL WACE, LLP added | 48,367 | $3M | 0.1% | 2026-Q1 |
| NATIXIS trimmed | 45,449 | $3M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 3,997,874 | $319M | 8.0% | 2025-Q4 stale |
| Egerton Capital (UK) LLP added | 1,196,288 | $89M | 2.2% | 2025-Q1 stale |
| CRCM LP added | 612,839 | $49M | 1.2% | 2025-Q4 stale |
| Brandywine Global Investment Management, LLC trimmed | 524,951 | $42M | 1.0% | 2025-Q4 stale |
| NEW SOUTH CAPITAL MANAGEMENT INC trimmed | 485,201 | $36M | 0.9% | 2025-Q1 stale |
| DENDUR CAPITAL LP trimmed | 342,524 | $25M | 0.6% | 2025-Q1 stale |
| Alberta Investment Management Corp | 249,000 | $20M | 0.5% | 2025-Q3 stale |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ | 217,395 | $16M | 0.4% | 2025-Q1 stale |
| PROSPECTOR PARTNERS LLC trimmed | 151,573 | $12M | 0.3% | 2025-Q3 stale |
| HRT FINANCIAL LP added | 123,299 | $10M | 0.2% | 2025-Q4 stale |
| BEACH INVESTMENT COUNSEL INC/PA added | 112,698 | $8M | 0.2% | 2025-Q1 stale |
| ALPINE ASSOCIATES MANAGEMENT INC. new | 111,044 | $8M | 0.2% | 2025-Q1 stale |
| MILLENNIUM MANAGEMENT LLC added | 96,153 | $8M | 0.2% | 2025-Q4 stale |
| GREAT LAKES ADVISORS, LLC new | 85,787 | $6M | 0.1% | 2025-Q2 stale |
| Trexquant Investment LP added | 66,501 | $5M | 0.1% | 2025-Q1 stale |
| Cubist Systematic Strategies, LLC added | 61,395 | $5M | 0.1% | 2025-Q1 stale |
| CAPITAL FUND MANAGEMENT S.A. trimmed | 56,590 | $5M | 0.1% | 2025-Q4 stale |
| Impax Asset Management Group plc trimmed | 55,707 | $4M | 0.1% | 2025-Q4 stale |
| Concorde Financial Corp trimmed | 52,047 | $4M | 0.1% | 2025-Q3 stale |
| TWO SIGMA INVESTMENTS, LP trimmed | 52,912 | $4M | 0.1% | 2025-Q4 stale |
| Resolute Capital Asset Partners LLC added | 55,000 | $4M | 0.1% | 2025-Q1 stale |
| HSBC HOLDINGS PLC trimmed | 49,466 | $4M | 0.1% | 2025-Q4 stale |
| HARRIS ASSOCIATES L P trimmed | 38,394 | $3M | 0.1% | 2025-Q4 stale |
| JANE STREET GROUP, LLC trimmed | 35,787 | $3M | 0.1% | 2025-Q4 stale |
| Graham Capital Management, L.P. added | 38,200 | $3M | 0.1% | 2025-Q1 stale |
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.