HAWAIIAN ELECTRIC INDUSTRIES INC - COMMON STOCK (HE) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / COMMON STOCK
Symbol
HE on NYSE
Shares outstanding
171,715,436
Price per share
$15.80
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
139,042,904
Total reported value
$1,710,011,160
% of total 13F portfolios
0%
Share change
+13,624,831
Value change
+$171,453,394
Number of holders
316
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of HAWAIIAN ELECTRIC INDUSTRIES INC - COMMON STOCK (HE) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
BlackRock, Inc. 16% $341,916,544 27,798,093 BlackRock, Inc. 31 Dec 2025
VANGUARD GROUP INC 11% $238,746,998 19,410,325 The Vanguard Group 31 Dec 2025
HORIZON KINETICS ASSET MANAGEMENT LLC 11% +10% $238,526,065 +$21,525,394 19,392,363 +9.9% HORIZON KINETICS ASSET MANAGEMENT LLC 31 Dec 2025
Arena Holdings Management LLC 6.1% $118,636,817 10,554,877 Arena Holdings Management LLC 04 Dec 2025
T. Rowe Price Investment Management, Inc. 3.9% -43% $95,832,668 -$73,312,463 6,696,902 -43% T. Rowe Price Investment Management, Inc. 31 Dec 2025
Zimmer Partners, LP 2.2% $40,432,512 3,825,214 Zimmer Partners, LP 30 Jun 2025

As of 31 Dec 2025, 316 institutional investors reported holding 139,042,904 shares of HAWAIIAN ELECTRIC INDUSTRIES INC - COMMON STOCK (HE). This represents 81% of the company’s total 171,715,436 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of HAWAIIAN ELECTRIC INDUSTRIES INC - COMMON STOCK (HE) together control 67% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
BlackRock, Inc. 16% 28,145,206 +82% 0.01% $346,186,039
VANGUARD GROUP INC 11% 19,410,325 +9.2% 0% $238,746,997
HORIZON KINETICS ASSET MANAGEMENT LLC 11% 19,392,363 +6.2% 3.2% $238,526,064
STATE STREET CORP 4.1% 7,005,768 +57% 0% $86,170,946
T. Rowe Price Investment Management, Inc. 3.9% 6,696,902 -45% 0.05% $82,372,000
GEODE CAPITAL MANAGEMENT, LLC 2.4% 4,125,284 +5.3% 0% $50,749,566
MORGAN STANLEY 2.1% 3,600,986 +52% 0% $44,292,136
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.9% 3,346,691 -6.1% 0.01% $41,164,299
Quantinno Capital Management LP 1.9% 3,241,971 +16% 0.08% $39,876,243
UBS Group AG 1.8% 3,035,752 -31% 0.01% $37,339,750
DIMENSIONAL FUND ADVISORS LP 1.3% 2,212,106 +7.3% 0.01% $27,211,674
12 West Capital Management LP 1.1% 1,850,000 2.7% $22,755,000
GOLDMAN SACHS GROUP INC 0.93% 1,593,550 +16% 0% $19,600,666
NORTHERN TRUST CORP 0.9% 1,548,395 +0.54% 0% $19,045,259
BANK OF AMERICA CORP /DE/ 0.75% 1,292,104 -17% 0% $15,892,881
MAD RIVER INVESTORS 0.75% 1,284,150 +4.4% 7.2% $15,795,045
Nuveen, LLC 0.67% 1,143,021 -13% 0% $14,059,158
Bank of New York Mellon Corp 0.66% 1,126,015 +88% 0% $13,849,983
JPMORGAN CHASE & CO 0.58% 1,002,481 -19% 0% $12,330,517
Assenagon Asset Management S.A. 0.51% 876,821 -0.16% 0.02% $10,784,898
Allianz Asset Management GmbH 0.49% 834,969 -15% 0.01% $10,270,119
PRINCIPAL FINANCIAL GROUP INC 0.48% 822,793 +6662% 0.01% $10,120,354
EAGLE GLOBAL ADVISORS LLC 0.47% 799,640 -24% 0.36% $9,835,572
CONGRESS ASSET MANAGEMENT CO 0.45% 777,079 +2.4% 0.07% $9,558,072
Legal & General Group Plc 0.42% 718,540 +39% 0% $8,838,042

Institutional Holders of HAWAIIAN ELECTRIC INDUSTRIES INC - COMMON STOCK (HE) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 139,042,904 $1,710,011,160 +$171,453,394 $12.30 316
2025 Q3 125,271,659 $1,383,580,595 -$32,095,938 $11.04 295
2025 Q2 128,520,496 $1,366,205,661 -$41,068,407 $10.63 275
2025 Q1 133,109,997 $1,457,436,440 +$101,992,137 $10.95 285
2024 Q4 123,956,015 $1,206,101,011 +$28,137,537 $9.73 288
2024 Q3 118,532,686 $1,148,575,218 +$430,845,388 $9.68 288
2024 Q2 70,719,328 $637,805,616 +$53,847,797 $9.02 264
2024 Q1 64,358,309 $723,861,107 -$17,946,888 $11.27 293
2023 Q4 65,977,267 $936,190,383 +$21,235,641 $14.19 291
2023 Q3 64,331,590 $791,770,887 -$180,116,317 $12.31 272
2023 Q2 59,576,418 $2,157,878,473 +$4,406,711 $36.20 319
2023 Q1 59,114,150 $2,269,349,961 -$28,840,045 $38.40 330
2022 Q4 60,108,240 $2,517,018,469 +$59,109,252 $41.85 320
2022 Q3 58,613,177 $2,035,844,892 +$6,784,772 $34.66 317
2022 Q2 58,335,829 $2,384,638,464 +$46,024,602 $40.90 328
2022 Q1 57,893,545 $2,452,274,320 +$53,295,700 $42.31 331
2021 Q4 56,563,813 $2,347,982,470 -$166,695,462 $41.50 327
2021 Q3 58,118,903 $2,376,314,246 +$3,562,936 $40.83 294
2021 Q2 58,111,293 $2,456,967,725 -$39,119,714 $42.28 290
2021 Q1 58,906,887 $2,617,018,318 +$128,907,000 $44.43 302
2020 Q4 56,320,306 $1,992,847,016 -$49,629,356 $35.39 307
2020 Q3 54,669,507 $1,816,830,681 -$150,733,320 $33.24 301
2020 Q2 58,706,889 $2,116,697,908 -$51,119,069 $36.06 291
2020 Q1 60,088,481 $2,586,935,193 -$26,898,125 $43.05 306
2019 Q4 60,655,696 $2,842,117,818 -$7,114,452 $46.86 318
2019 Q3 60,890,135 $2,776,865,963 +$46,548,975 $45.61 314
2019 Q2 59,865,446 $2,606,129,393 +$69,414,780 $43.55 316
2019 Q1 58,549,107 $2,386,981,587 +$49,857,425 $40.77 309
2018 Q4 57,379,089 $2,100,914,383 +$12,584,577 $36.62 295
2018 Q3 57,035,798 $2,029,658,558 +$32,288,835 $35.59 300
2018 Q2 56,170,566 $1,926,686,085 +$58,218,359 $34.30 290
2018 Q1 54,467,908 $1,872,875,756 +$40,837,783 $34.38 279
2017 Q4 53,437,800 $1,930,948,025 -$55,265,783 $36.15 276
2017 Q3 54,647,650 $1,824,225,521 +$16,759,312 $33.37 251
2017 Q2 54,167,418 $1,753,961,033 +$16,049,638 $32.38 242
2017 Q1 53,783,816 $1,791,600,780 +$366,261,184 $33.31 255
2016 Q4 50,952,993 $1,685,036,860 +$88,886,212 $33.07 260
2016 Q3 48,756,020 $1,453,783,759 +$20,271,938 $29.85 245
2016 Q2 47,925,613 $1,571,277,389 +$9,539,993 $32.79 230
2016 Q1 47,568,900 $1,540,618,232 +$46,040,875 $32.40 220
2015 Q4 46,294,480 $1,339,981,129 -$14,237,558 $28.95 203
2015 Q3 46,681,664 $1,339,004,727 +$25,046,598 $28.69 201
2015 Q2 45,850,594 $1,362,790,905 +$17,422,716 $29.73 197
2015 Q1 45,149,162 $1,451,048,990 -$70,621,633 $32.12 211
2014 Q4 43,298,072 $1,449,731,418 -$279,517,053 $33.48 226
2014 Q3 53,073,458 $1,409,293,372 +$12,375,706 $26.55 222
2014 Q2 52,810,486 $1,337,057,170 +$179,886,257 $25.32 225
2014 Q1 45,789,338 $1,163,402,073 +$83,469,600 $25.42 219