State of Wyoming’s Hawaiian Electric Industries HE Stock Holding History

State of Wyoming’s Portfolio HE Stock Details HE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-16,681	Closed	-$184K	–	1937
2025 Q3	$184K	Sell	16,681 -9,588	-36%	-$109K	0.02%	1006
2025 Q2	$279K	Buy	+26,269	New	+$274K	0.03%	691
2024 Q3	–	Sell	-21,907	Closed	-$198K	–	1784
2024 Q2	$198K	Buy	21,907 +3,233	+17%	+$33.6K	0.03%	563
2024 Q1	$210K	Buy	18,674 +1,717	+10%	+$21.8K	0.04%	572
2023 Q4	$241K	Buy	16,957 +11,851	+232%	+$154K	0.04%	438
2023 Q3	$62.9K	Buy	+5,106	New	+$124K	0.01%	1159
2023 Q1	–	Sell	-1,442	Closed	-$60.3K	–	1668
2022 Q4	$60.3K	Buy	1,442 +198	+16%	+$7.64K	0.02%	994
2022 Q3	$43K	Sell	1,244 -1,128	-48%	-$45.4K	0.02%	1066
2022 Q2	$97K	Buy	2,372 +1,600	+207%	+$67.3K	0.06%	515
2022 Q1	$33K	Buy	+772	New	+$32.2K	0.02%	1267

Other funds holding HE

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

HKAM

Horizon Kinetics Asset Management New York $9.23B AUM 27.52% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

T. Rowe Price Investment Management Baltimore, Maryland $145B AUM 22.78% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Charles Schwab San Francisco, California $654B AUM 26.35% 1-Year Est. Return

QCM

Quantinno Capital Management New York $59.9B AUM 28.07% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

State of Wyoming's HE Position: Q4 2025 in Review

State of Wyoming sold out of Hawaiian Electric Industries (HE) in Q4 2025, closing a stake of 16,681 shares — an estimated $184K sold.

State of Wyoming first reported a position in HE in Q1 2022 and held it in 10 quarters. The position peaked at $279K in Q2 2025. 321 funds tracked by Wall St. Rank hold HE as of Q4 2025.

State of Wyoming reported no remaining Hawaiian Electric Industries position as of Q4 2025 after selling out during the quarter.
State of Wyoming sold 16,681 Hawaiian Electric Industries shares in Q4 2025, an estimated $184K.
State of Wyoming first reported a position in Hawaiian Electric Industries in Q1 2022 and held it in 10 quarters.
State of Wyoming's Hawaiian Electric Industries position peaked at $279K in Q2 2025.
321 funds tracked by Wall St. Rank held Hawaiian Electric Industries as of Q4 2025.

Based on State of Wyoming's 13F filing for Q4 2025, filed 11 Feb 2026.