Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

HAWAIIAN ELEC INDS INC MTN B (HE)

315 + Investors. Track Smart Money conviction in HE. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +23
Streak
3Q ▲
Buyers last Q
60%

Smart Money Signals — HE

Based on 306 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added HE than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
306 hedge funds hold HE right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +9% more funds vs a year ago

fund count last 6Q
+25 new funds entered over the past year (+9% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 60% buying

181 buying121 selling
Last quarter: 181 funds were net buyers (62 opened a brand new position + 119 added to an existing one). Only 121 were sellers (82 trimmed + 39 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+11 vs last Q)

new funds entering per quarter
Funds opening a new HE position: 45 → 42 → 51 → 62. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 20% medium ■ 20% new
186 out of 306 hedge funds have held HE for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

59 → 45 → 42 → 51 → 62 new funds/Q
New funds entering each quarter: 45 → 42 → 51 → 62. A growing number of institutions are discovering HE each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 67% of holders stayed 2+ years

■ 67% veterans ■ 8% 1-2yr ■ 25% new
Of 315 current holders: 211 (67%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 41% AUM from top-100 funds

41% from top-100 AUM funds
39 of 306 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in HE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: HE

How many hedge funds hold HE — quarterly history vs. share price
Quarterly hedge fund ownership of HE vs. share price

Market Analysis: HE

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HE

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

48 top-rated funds 2 high-conviction
Consensus
7.3
/ 10
breadth
×
Elite
2.1
/ 10
conviction
Hedge Fund Positioning: HE
2026 Q1 Stats Unlock in 22 days 315 + Investors

Track Smart Money conviction in HE. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 315 294 7.14%
13F Shares 141M 130M 8.1%
Total Value $1.73B $1.44B 20.32%
New Positions 63 52 +11
Increased Positions 134 121 +13
Closed Positions 43 36 +7
Reduced Positions 89 94 -5
Total Calls 8 8 -
Total Puts 5 7 -28.57%
PUT/CALL Ratio 0.62 0.88 Bullish

Statistics: HE

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

315 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in HE. Verified SEC 13F-HR filings.

Top 25 institutional holders of HE — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 MAD RIVER INVESTORS 7.03% 1,317,050 $19.5M
2 MSRH, LLC 2.03% 148,085 $1.8M
3 Lesa Sroufe & Co 1.96% 193,981 $3K
4 Dougherty & Associates, LLC 0.90% 65,920 $978K
5 PROMETHIUM ADVISORS,LLC 0.83% 107,987 $1.6M
6 MAD RIVER INVESTORS 0.25% 46,900 $696K
7 CONGRESS ASSET MANAGEMENT CO 0.11% 989,335 $14.7M
8 Inscription Capital, LLC 0.10% 62,455 $927K
9 Inspire Investing, LLC 0.04% 34,696 $515K
10 DRIVE WEALTH MANAGEMENT, LLC 0.04% 11,386 $169K
11 Aaron Wealth Advisors LLC 0.03% 37,257 $553K
12 Optas, LLC 0.03% 13,613 $202K
13 Versant Capital Management, Inc 0.03% 20,114 $298K
14 DELTEC ASSET MANAGEMENT LLC 0.03% 10,000 $148K
15 Essex Financial Services, Inc. 0.02% 26,257 $390K
16 Louisiana State Employees Retirement System 0.02% 76,600 $1K
17 State of Alaska, Department of Revenue 0.01% 90,949 $1K
18 GAMMA Investing LLC 0.01% 18,692 $277K
19 Janney Montgomery Scott LLC 0.01% 313,689 $5K
20 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% 57,207 $849K
21 V-Square Quantitative Management LLC 0.01% 6,000 $89K
22 Venturi Wealth Management, LLC 0.01% 13,364 $198K
23 YOUSIF CAPITAL MANAGEMENT, LLC 0.01% 45,852 $680K
24 ARMSTRONG ADVISORY GROUP, INC 0.01% 7,224 $107K
25 Mosley Wealth Management 0.01% 1,275 $14K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — HAWAIIAN ELEC INDS INC MTN B (HE)

What does the Smart Money Trend signal show for HE?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added HE than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for HE?

More buyers than sellers — 60% buying: Last quarter: 181 funds were net buyers (62 opened a brand new position + 119 added to an existing one). Only 121 were sellers (82 trimmed + 39 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for HE holders?

Elite ownership — 41% AUM from top-100 funds: 39 of 306 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in HE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held HE?

61% of holders stayed for 2+ years: 186 out of 306 hedge funds have held HE for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.