Who owns HPP (HPP)
Which tracked institutional funds hold HPP, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See HPP 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
25 tracked funds added or opened HPP while 73 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
HPP’s largest tracked holder by dollar value, Adelante Capital Management LLC, sizes it at 4.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 4.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in HPP 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 193 tracked filers holding HPP, 120 increased or opened the position and 86 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 HPP 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 12
- VANGUARD PORTFOLIO MANAGEMENT LLC$17M
- VANGUARD CAPITAL MANAGEMENT LLC$14M
- AMERIPRISE FINANCIAL INC$5M
- VANGUARD FIDUCIARY TRUST CO$2M
- Militia Capital Management LLC$2M
- TUDOR INVESTMENT CORP ET AL$1M
Full exits 16
- VANGUARD GROUP INC$56M
- Hudson Bay Capital Management LP$40M
- Conversant Capital LLC$28M
- PRUDENTIAL FINANCIAL INC$18M
- J. Goldman & Co LP$7M
- WESTWOOD HOLDINGS GROUP INC$5M
Largest adds
- T. Rowe Price Investment Management, Inc.$10M
- EverSource Wealth Advisors, LLC$7M
- VALUEWORKS LLC$3M
- AQR CAPITAL MANAGEMENT LLC$2M
- WHITEBOX ADVISORS LLC$998K
- MARSHALL WACE, LLP$965K
Largest trims
- COHEN & STEERS, INC.$44M
- BlackRock, Inc.$28M
- PRINCIPAL FINANCIAL GROUP INC$12M
- DAVIS SELECTED ADVISERS$8M
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC$8M
- STATE STREET CORP$7M
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 |
|---|---|---|---|---|
| COHEN & STEERS, INC. added | 9,643,541 | $57M | 7.3% | 2026-Q1 |
| BlackRock, Inc. added | 7,051,452 | $42M | 5.3% | 2026-Q1 |
| Philosophy Capital Management LLC added | 3,545,971 | $21M | 2.7% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 2,852,157 | $17M | 2.1% | 2026-Q1 |
| T. Rowe Price Investment Management, Inc. added | 2,826,598 | $17M | 2.1% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 2,615,356 | $15M | 2.0% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 2,380,193 | $14M | 1.8% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 2,092,995 | $12M | 1.6% | 2026-Q1 |
| VALUEWORKS LLC added | 1,840,023 | $11M | 1.4% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 1,659,422 | $10M | 1.2% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 1,612,010 | $10M | 1.2% | 2026-Q1 |
| STATE STREET CORP added | 1,589,302 | $9M | 1.2% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 1,385,089 | $8M | 1.0% | 2026-Q1 |
| EverSource Wealth Advisors, LLC added | 124,580 | $7M | 0.9% | 2026-Q1 |
| FMR LLC trimmed | 859,170 | $5M | 0.6% | 2026-Q1 |
| Saba Capital Management, L.P. added | 831,868 | $5M | 0.6% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 813,647 | $5M | 0.6% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 778,611 | $5M | 0.6% | 2026-Q1 |
| Universal- Beteiligungs- und Servicegesellschaft mbH trimmed | 746,348 | $4M | 0.6% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC trimmed | 735,592 | $4M | 0.6% | 2026-Q1 |
| UBS Group AG added | 709,190 | $4M | 0.5% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 705,984 | $4M | 0.5% | 2026-Q1 |
| Burkehill Global Management, LP | 571,428 | $3M | 0.4% | 2026-Q1 |
| Blackstone Inc. | 542,442 | $3M | 0.4% | 2026-Q1 |
| Alta Fundamental Advisers LLC | 529,390 | $3M | 0.4% | 2026-Q1 |
| NORTHERN TRUST CORP added | 496,566 | $3M | 0.4% | 2026-Q1 |
| Purpose Unlimited Inc. added | 487,601 | $3M | 0.4% | 2026-Q1 |
| Jump Financial, LLC added | 464,065 | $3M | 0.3% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 452,138 | $3M | 0.3% | 2026-Q1 |
| MORGAN STANLEY trimmed | 444,865 | $3M | 0.3% | 2026-Q1 |
| Allianz Asset Management GmbH added | 439,330 | $3M | 0.3% | 2026-Q1 |
| ALGERT GLOBAL LLC trimmed | 413,282 | $2M | 0.3% | 2026-Q1 |
| LANDMARK INVESTMENT PARTNERS, L.P. added | 392,188 | $2M | 0.3% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 378,275 | $2M | 0.3% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 347,861 | $2M | 0.3% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 344,332 | $2M | 0.3% | 2026-Q1 |
| MARSHALL WACE, LLP added | 337,307 | $2M | 0.3% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 333,316 | $2M | 0.3% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 323,080 | $2M | 0.2% | 2026-Q1 |
| DAVIS SELECTED ADVISERS trimmed | 322,176 | $2M | 0.2% | 2026-Q1 |
| SEI INVESTMENTS CO added | 301,353 | $2M | 0.2% | 2026-Q1 |
| Militia Capital Management LLC new | 298,605 | $2M | 0.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 288,272 | $2M | 0.2% | 2026-Q1 |
| XTX Topco Ltd added | 238,398 | $1M | 0.2% | 2026-Q1 |
| HRT FINANCIAL LP trimmed | 233,106 | $1M | 0.2% | 2026-Q1 |
| Man Group plc added | 229,709 | $1M | 0.2% | 2026-Q1 |
| Bank of New York Mellon Corp added | 221,081 | $1M | 0.2% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL trimmed | 208,446 | $1M | 0.2% | 2026-Q1 |
| Divco West Real Estate Services, LLC | 191,297 | $1M | 0.1% | 2026-Q1 |
| WHITEBOX ADVISORS LLC added | 189,080 | $1M | 0.1% | 2026-Q1 |
| Quantinno Capital Management LP added | 184,034 | $1M | 0.1% | 2026-Q1 |
| Nuveen, LLC added | 171,705 | $1M | 0.1% | 2026-Q1 |
| STATE OF WISCONSIN INVESTMENT BOARD added | 150,108 | $887K | 0.1% | 2026-Q1 |
| Adelante Capital Management LLC added | 3,043,383 | $60M | 7.7% | 2025-Q2 stale |
| Union Bancaire Privee, UBP SA | 144,000 | $56M | 7.1% | 2025-Q3 stale |
| VANGUARD GROUP INC trimmed | 5,130,380 | $56M | 7.1% | 2025-Q4 stale |
| Conversant Capital LLC trimmed | 2,607,060 | $28M | 3.6% | 2025-Q4 stale |
| WELLINGTON MANAGEMENT GROUP LLP added | 7,447,177 | $20M | 2.6% | 2025-Q2 stale |
| Hudson Bay Capital Management LP | 6,987,635 | $19M | 2.5% | 2025-Q4 stale |
| PRUDENTIAL FINANCIAL INC trimmed | 1,637,420 | $18M | 2.3% | 2025-Q4 stale |
| Ghisallo Capital Management LLC new | 5,250,000 | $14M | 1.8% | 2025-Q2 stale |
| Diameter Capital Partners LP added | 5,140,426 | $14M | 1.8% | 2025-Q3 stale |
| KETTLE HILL CAPITAL MANAGEMENT, LLC added | 4,558,816 | $13M | 1.6% | 2025-Q3 stale |
| RUSH ISLAND MANAGEMENT, LP added | 4,529,012 | $12M | 1.6% | 2025-Q2 stale |
| Vision Capital Corp added | 3,482,555 | $10M | 1.2% | 2025-Q2 stale |
| TWO SIGMA INVESTMENTS, LP added | 3,429,356 | $9M | 1.2% | 2025-Q3 stale |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC trimmed | 2,855,185 | $8M | 1.0% | 2025-Q3 stale |
| J. Goldman & Co LP trimmed | 632,808 | $7M | 0.9% | 2025-Q4 stale |
| Zimmer Partners, LP added | 2,325,000 | $6M | 0.8% | 2025-Q2 stale |
| Hazelview Securities Inc. added | 2,227,200 | $6M | 0.8% | 2025-Q2 stale |
| Aberdeen Group plc | 2,104,469 | $6M | 0.7% | 2025-Q3 stale |
| Troluce Capital Advisors LLC added | 2,000,000 | $6M | 0.7% | 2025-Q3 stale |
| Waterfront Capital Partners, LLC trimmed | 1,850,000 | $5M | 0.6% | 2025-Q2 stale |
| WESTWOOD HOLDINGS GROUP INC added | 450,001 | $5M | 0.6% | 2025-Q4 stale |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 1,722,457 | $5M | 0.6% | 2025-Q2 stale |
| Park West Asset Management LLC trimmed | 414,626 | $4M | 0.6% | 2025-Q4 stale |
| TWO SIGMA ADVISERS, LP added | 1,615,500 | $4M | 0.6% | 2025-Q3 stale |
| GRATIA CAPITAL, LLC new | 1,223,500 | $4M | 0.5% | 2025-Q1 stale |
| SONA ASSET MANAGEMENT (US) LLC new | 310,989 | $3M | 0.4% | 2025-Q4 stale |
| Investment Management Corp of Ontario | 998,206 | $3M | 0.4% | 2025-Q3 stale |
| Allspring Global Investments Holdings, LLC added | 986,148 | $3M | 0.3% | 2025-Q3 stale |
| LONESTAR CAPITAL MANAGEMENT LLC added | 250,000 | $3M | 0.3% | 2025-Q4 stale |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 219,968 | $2M | 0.3% | 2025-Q4 stale |
| Anson Funds Management LP trimmed | 214,899 | $2M | 0.3% | 2025-Q4 stale |
| Greenland Capital Management LP added | 746,450 | $2M | 0.3% | 2025-Q1 stale |
| DigitalBridge Group, Inc. | 725,700 | $2M | 0.3% | 2025-Q1 stale |
| VOYA INVESTMENT MANAGEMENT LLC trimmed | 192,365 | $2M | 0.3% | 2025-Q4 stale |
| Alyeska Investment Group, L.P. trimmed | 750,000 | $2M | 0.3% | 2025-Q3 stale |
| BOOTHBAY FUND MANAGEMENT, LLC added | 668,710 | $2M | 0.2% | 2025-Q3 stale |
| Brown University | 604,746 | $2M | 0.2% | 2025-Q1 stale |
| CANADA LIFE ASSURANCE Co added | 619,907 | $2M | 0.2% | 2025-Q3 stale |
| GROUP ONE TRADING LLC added | 604,169 | $2M | 0.2% | 2025-Q2 stale |
| Squarepoint Ops LLC added | 128,647 | $1M | 0.2% | 2025-Q4 stale |
| Freestone Capital Holdings, LLC trimmed | 112,252 | $1M | 0.2% | 2025-Q4 stale |
| ExodusPoint Capital Management, LP added | 412,632 | $1M | 0.1% | 2025-Q3 stale |
| Mitsubishi UFJ Trust & Banking Corp added | 356,049 | $1M | 0.1% | 2025-Q1 stale |
| Oasis Management Co Ltd. new | 380,002 | $1M | 0.1% | 2025-Q3 stale |
| AXA S.A. trimmed | 336,656 | $993K | 0.1% | 2025-Q1 stale |
| Point72 Asset Management, L.P. added | 334,893 | $988K | 0.1% | 2025-Q1 stale |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 300,009 | $885K | 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.