Hawaiian Elec Inds Inc Mtn B (HE): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Hawaiian Elec Inds Inc Mtn B (HE) following the 2026 Q1 hedge fund 13F filings?

As of today, HE has moved +1.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.5% for the XLU sector ETF — an outperformance of -0.4%. Since the quarter end (March 31, 2026), HE gained -9.8% vs -3.0% for XLU. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Hawaiian Elec Inds Inc Mtn B (HE)

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

Smart Money Signals — HE

Based on 340 hedge funds · latest filing: 2026 Q1 · 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

340 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.

🚀

Fast accumulation — +21% more funds vs a year ago

fund count last 6Q

+59 new funds entered over the past year (+21% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🟢

More buyers than sellers — 60% buying

201 buying133 selling

Last quarter: 201 funds were net buyers (68 opened a brand new position + 133 added to an existing one). Only 133 were sellers (86 trimmed + 47 sold completely). A clear majority buying is a strong confirmation signal.

➡️

Steady new buyers — ~68 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 42 → 52 → 66 → 68. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

56% of holders stayed for 2+ years

■ 56% conviction (2yr+) ■ 23% medium ■ 21% new

190 out of 340 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

48 → 42 → 52 → 66 → 68 new funds/Q

New funds entering each quarter: 42 → 52 → 66 → 68. A growing number of institutions are discovering HE each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Veteran-anchored — 64% veterans vs 26% newcomers

■ 64% veterans ■ 9% 1-2yr ■ 26% new

Entry-cohort mix of 349 holders: 225 (64%) are 2+ year veterans, 32 entered 1–2 years ago, and 92 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

✅

Strong quality — 30% AUM from major funds

30% from top-100 AUM funds

50 of 336 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

3.9

out of 10

Low Exit Risk

Exit risk score 3.9/10 — 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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	339	319	6.27%
13F Shares	148M	141M	4.8%
Total Value	$2.07B	$1.73B	19.46%
New Positions	68	66	+2
Increased Positions	132	122	+10
Closed Positions	48	41	+7
Reduced Positions	83	80	+3
Total Calls	6	8	-25.0%
Total Puts	7	5	40.0%
PUT/CALL Ratio	1.17	0.62	Neutral

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

339

319

6.27%

13F Shares

148M

141M

4.8%

Total Value

$2.07B

$1.73B

19.46%

New Positions

Increased Positions

132

122

+10

Closed Positions

Reduced Positions

Total Calls

-25.0%

Total Puts

40.0%

PUT/CALL Ratio

1.17

0.62

Neutral

Institutional Holders (2026 Q1)

339 + investors

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

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 HE holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Mad River Investors	7.03%	1,317,050	$19.5M
2	12 West Capital Management LP	4.51%	1,800,000	$26.7M
3	Horizon Kinetics Asset Management LLC	3.48%	21,635,294	$321.1M
4	Msrh, LLC	2.03%	148,085	$1.8M
5	Atlas Wealth Partners, LLC	1.75%	114,967	$1.7M
6	Dougherty & Associates, LLC	0.90%	65,920	$978K
7	Promethium Advisors,LLC	0.83%	107,987	$1.6M
8	EagleClaw Capital Managment, LLC	0.77%	370,650	$5.5M
9	Zimmer Partners, LP	0.54%	1,500,000	$22.3M
10	PDT Partners, LLC	0.45%	511,975	$7.6M
11	Intrepid Family Office LLC	0.36%	30,000	$445K
12	Moors & Cabot, Inc.	0.34%	528,206	$7.8M
13	Mad River Investors	0.25%	46,900	$696K
14	Dockside LLC	0.23%	61,260	$909K
15	Sagefield Capital LP	0.22%	205,809	$3.1M
16	T3 Companies, LLC	0.22%	11,300	$168K
17	TriaGen Wealth Management LLC	0.20%	50,400	$748K
18	Scientech Research LLC	0.20%	16,459	$244K
19	Pecaut & CO.	0.19%	40,000	$594K
20	RFG - Bristol Wealth Advisors, LLC	0.16%	39,624	$588K
21	RBF Capital, LLC	0.16%	200,000	$3.0M
22	Oxford Asset Management LLP	0.15%	24,206	$359K
23	Quantbot Technologies LP	0.15%	245,538	$3.6M
24	Integrated Quantitative Investments LLC	0.14%	50,868	$755K
25	Congress Asset Management Co	0.11%	989,335	$14.7M

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: 201 funds were net buyers (68 opened a brand new position + 133 added to an existing one). Only 133 were sellers (86 trimmed + 47 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for HE holders?

Strong quality — 30% AUM from major funds: 50 of 336 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held HE?

56% of holders stayed for 2+ years: 190 out of 340 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.

Is it too late to buy Hawaiian Elec Inds Inc Mtn B (HE) following the 2026 Q1 hedge fund 13F filings?

As of today, HE has moved +1.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.5% for the XLU sector ETF — an outperformance of -0.4%. Since the quarter end (March 31, 2026), HE has gained -9.8% vs -3.0% for XLU. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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Hawaiian Elec Inds Inc Mtn B (HE)

Smart Money Signals — HE

Buying streak — 3 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +21% more funds vs a year ago

More buyers than sellers — 60% buying

Steady new buyers — ~68 new funds per quarter

56% of holders stayed for 2+ years

Growing discovery — still being found

Veteran-anchored — 64% veterans vs 26% newcomers

Strong quality — 30% AUM from major funds

Institutional Sentiment Summary — HE

Hedge Fund Ownership: HE

Market Analysis: HE

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: HE

Is It Too Late to Buy Hawaiian Elec Inds Inc Mtn B (HE) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: HE

Statistics: HE

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Hawaiian Elec Inds Inc Mtn B (HE)

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