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Hawaiian Electric Industries

321 hedge funds and large institutions have $1.71B invested in Hawaiian Electric Industries in 2025 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 121 increasing their positions, 81 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

91% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 35

49% more repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 81

24% more capital invested

Capital invested by funds: $1.38B → $1.71B (+$331M)

9% more funds holding

Funds holding: 294321 (+27)

8.19% more ownership

Funds ownership: 72.55%80.74% (+8.2%)

35% less call options, than puts

Call options by funds: $43.8M | Put options by funds: $67.6M

Holders
321
Holders Change
+27
Holders Change %
+9.18%
% of All Funds
3.9%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
67
Increased
121
Reduced
81
Closed
35
Calls
$43.8M
Puts
$67.6M
Net Calls
-$23.8M
Net Calls Change
-$45.6M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$346M +$147M +12,683,490 +82%
Vanguard Group
2
Vanguard Group
Pennsylvania
$239M +$18.9M +1,628,307 +9%
HKAM
3
Horizon Kinetics Asset Management
New York
$239M +$13.2M +1,134,646 +6%
State Street
4
State Street
Massachusetts
$86.2M +$29.4M +2,540,134 +57%
T. Rowe Price Investment Management
5
T. Rowe Price Investment Management
Maryland
$82.4M -$64.7M -5,582,746 -45%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$50.7M +$2.42M +209,192 +5%
Morgan Stanley
7
Morgan Stanley
New York
$44.3M +$14.3M +1,233,690 +52%
Charles Schwab
8
Charles Schwab
California
$41.2M -$2.51M -216,851 -6%
QCM
9
Quantinno Capital Management
New York
$39.9M +$5.29M +456,097 +16%
UBS Group
10
UBS Group
Switzerland
$37.3M -$15.6M -1,347,050 -31%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$27.2M +$1.74M +150,347 +7%
1WCM
12
12 West Capital Management
New York
$22.8M +$21.4M +1,850,000 New
Goldman Sachs
13
Goldman Sachs
New York
$19.6M +$2.56M +220,879 +16%
Northern Trust
14
Northern Trust
Illinois
$19M +$96.8K +8,351 +0.5%
Bank of America
15
Bank of America
North Carolina
$15.9M -$3.17M -273,854 -17%
MRI
16
Mad River Investors
Massachusetts
$15.8M +$625K +53,900 +4%
N
17
Nuveen
North Carolina
$14.1M -$1.96M -169,148 -13%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$13.8M +$6.1M +526,253 +88%
JP Morgan Chase
19
JP Morgan Chase
New York
$12.3M -$2.79M -240,851 -19%
Assenagon Asset Management
20
Assenagon Asset Management
Luxembourg
$10.8M -$16.6K -1,432 -0.2%
Allianz Asset Management
21
Allianz Asset Management
Germany
$10.3M -$1.64M -141,727 -15%
Principal Financial Group
22
Principal Financial Group
Iowa
$10.1M +$9.39M +810,625 +6,662%
EGA
23
Eagle Global Advisors
Texas
$9.84M -$2.85M -246,210 -24%
CAM
24
Congress Asset Management
Massachusetts
$9.56M +$210K +18,091 +2%
Legal & General Group
25
Legal & General Group
United Kingdom
$8.84M +$2.33M +200,809 +39%

HE Hedge Fund Activity: Q4 2025 in Review

321 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Hawaiian Electric Industries (HE) for Q4 2025, worth a combined $1.71B — up 24% from $1.38B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new HE positions and 35 closed out — a net gain of 32 holders — while 121 added to existing stakes and 81 trimmed.

The largest buyer was BlackRock, adding an estimated $147M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $64.7M.

  • 321 institutional investors held Hawaiian Electric Industries (HE) as of Q4 2025, up from 294 in Q3 2025.
  • Funds reported $1.71B of Hawaiian Electric Industries stock for Q4 2025, up 24% quarter-over-quarter.
  • 67 funds opened new Hawaiian Electric Industries positions in Q4 2025 and 35 closed out, a net change of +32 holders.
  • The largest Hawaiian Electric Industries buyer in Q4 2025 was BlackRock, an estimated $147M added.
  • The largest Hawaiian Electric Industries seller in Q4 2025 was T. Rowe Price Investment Management, an estimated $64.7M sold.

Based on aggregated 13F filings for Q4 2025.