Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Hawaiian Elec Inds Inc Mtn B (HE)

333 + 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
↓ -3
Streak
1Q ▼
Buyers last Q
55%

Smart Money Signals — HE

Based on 339 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their HE positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (99% of max)

99% of all-time peak
339 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
+58 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.
🟡

Slight buying edge — 55% buying

179 buying144 selling
Last quarter: 179 funds bought or added vs 144 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-26 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 52 → 67 → 69 → 43. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 23% medium ■ 17% new
203 out of 339 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.
➡️

Steady discovery — ~43 new funds/quarter

44 → 52 → 67 → 69 → 43 new funds/Q
New funds entering each quarter: 52 → 67 → 69 → 43. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 67% veterans vs 22% newcomers

■ 67% veterans ■ 12% 1-2yr ■ 22% new
Entry-cohort mix of 346 holders: 231 (67%) are 2+ year veterans, 40 entered 1–2 years ago, and 75 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 46% AUM from top-100 funds

46% from top-100 AUM funds
52 of 337 holders are among the 100 largest funds by AUM, controlling 46% 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.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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.

Institutional Sentiment Summary — HE

In 2026 Q2, 179 hedge funds were net buyers of HE (43 opened a new position, 136 added to an existing one), while 144 reduced or exited (98 trimmed, 46 sold completely) — a 55% buyer ratio, indicating a slight buying edge. 46% of total institutional value in HE is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 339.

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

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

14 top-rated funds 2 high-conviction
Consensus
5.1
/ 10
breadth
×
Elite
2.3
/ 10
conviction
Hedge Fund Positioning: HE
2026 Q3 Stats Unlock in 19 days 333 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 333 342 -2.63%
13F Shares 147M 148M -0.61%
Total Value $1.89B $2.07B -8.82%
New Positions 41 69 -28
Increased Positions 131 132 -1
Closed Positions 48 47 +1
Reduced Positions 96 83 +13
Total Calls 5 6 -16.67%
Total Puts 4 7 -42.86%
PUT/CALL Ratio 0.8 1.17 Neutral

Statistics: HE

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

333 + 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:
Top 25 HE holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Mad River Investors 6.67% 1,321,850 $17.9M
2 Horizon Kinetics Asset Management LLC 3.44% 22,395,397 $303.0M
3 12 West Capital Management LP 2.85% 1,125,000 $15.2M
4 Atlas Wealth Partners, LLC 1.72% 116,117 $1.6M
5 Promethium Advisors,LLC 0.81% 125,450 $1.7M
6 EagleClaw Capital Managment, LLC 0.79% 434,750 $5.9M
7 Dougherty & Associates, LLC 0.78% 71,855 $972K
8 PDT Partners, LLC 0.36% 511,975 $6.9M
9 Moors & Cabot, Inc. 0.30% 578,331 $7.8M
10 Intrepid Family Office LLC 0.30% 30,000 $406K
11 Olympiad Research LP 0.30% 10,562 $143K
12 T3 Companies, LLC 0.27% 18,450 $250K
13 Mad River Investors 0.25% 48,800 $660K
14 Altar Rock LLC 0.18% 11,940 $147K
15 Pecaut & CO. 0.17% 41,300 $559K
16 PKS Advisory Services, LLC 0.15% 70,044 $948K
17 Bayforest Capital Ltd 0.15% 11,873 $161K
18 RFG - Bristol Wealth Advisors, LLC 0.13% 39,624 $536K
19 Jupiter Asset Management Ltd 0.12% 1,804,720 $24.4M
20 RBF Capital, LLC 0.11% 200,000 $2.7M
21 Byrne Asset Management LLC 0.11% 15,100 $204K
22 Aigen Investment Management, LP 0.11% 28,747 $389K
23 Meixler Investment Management, Ltd. 0.09% 11,600 $157K
24 Congress Asset Management Co 0.08% 996,265 $13.5M
25 Inscription Capital, LLC 0.07% 62,417 $845K
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

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

What does the Smart Money Trend signal show for HE?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their HE positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for HE?

Slight buying edge — 55% buying: Last quarter: 179 funds bought or added vs 144 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for HE holders?

Elite ownership — 46% AUM from top-100 funds: 52 of 337 holders are among the 100 largest funds by AUM, controlling 46% 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?

60% of holders stayed for 2+ years: 203 out of 339 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.

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