Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Howard Hughes Holdings Inc (HHH)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -37
Streak
1Q ▼
Buyers last Q
45%

Smart Money Signals — HHH

Based on 287 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

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

High ownership — 89% of 3.0Y peak

89% of all-time peak
287 funds currently hold this stock — 89% of the 3.0-year high of 324 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding HHH is almost the same as a year ago (-2 funds, -1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 45% buying

146 buying178 selling
Last quarter: 178 funds reduced or exited vs 146 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-22 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 56 → 60 → 71 → 49. 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.
🔒

46% of holders stayed for 2+ years

■ 46% conviction (2yr+) ■ 27% medium ■ 26% new
133 out of 287 hedge funds have held HHH 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.
💎

Buying through price weakness — shares +1%, value -20%

Value
-20%
Shares
+1%
Last quarter: funds added +1% more shares while total portfolio value only changed -20%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~49 new funds/quarter

44 → 56 → 60 → 71 → 49 new funds/Q
New funds entering each quarter: 56 → 60 → 71 → 49. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 52% veterans vs 32% newcomers

■ 52% veterans ■ 17% 1-2yr ■ 32% new
Entry-cohort mix of 295 holders: 152 (52%) are 2+ year veterans, 50 entered 1–2 years ago, and 93 (32%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 20% AUM from major funds

20% from top-100 AUM funds
43 of 284 holders rank in the top 100 by AUM, accounting for 20% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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 — HHH

In 2026 Q1, 146 hedge funds were net buyers of HHH (49 opened a new position, 97 added to an existing one), while 178 reduced or exited (92 trimmed, 86 sold completely) — a 45% buyer ratio, indicating roughly balanced activity. 20% of total institutional value in HHH is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -37 funds (more exits than new entries). Total institutional holders: 287.

Hedge Fund Ownership: HHH

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

Market Analysis: HHH

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HHH

-- --

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

Is It Too Late to Buy Howard Hughes Holdings Inc (HHH) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much HHH has moved relative to its sector benchmark (XLRE) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
HHH
+5.7%
XLRE
+7.4%

HHH outperformed XLRE by -1.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
HHH
+4.8%
XLRE
+1.5%

Since the filing became public, HHH outperformed XLRE by +3.3% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

25 top-rated funds 4 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
3.2
/ 10
conviction
Hedge Fund Positioning: HHH
285 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 285 324 -12.04%
13F Shares 54M 53M 1.02%
Total Value $3.37B $4.23B -20.29%
New Positions 48 71 -23
Increased Positions 93 102 -9
Closed Positions 87 40 +47
Reduced Positions 90 101 -11
Total Calls 5 7 -28.57%
Total Puts 6 5 20.0%
PUT/CALL Ratio 1.2 0.71 Neutral

Statistics: HHH

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
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Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

285 + investors

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

QUARTER:
Top 25 HHH holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Pershing Square INC. 100.00% 9,000,000 $569.3M
2 JCP Investment Management, LLC 9.85% 234,100 $14.8M
3 Pershing Square Capital Management, L.P. 8.70% 18,852,064 $1.19B
4 Northern Right Capital Management, L.P. 8.61% 382,672 $24.2M
5 Incline Global Management LLC 4.59% 184,930 $11.7M
6 Walleye Partners, LLC 4.44% 57,151 $3.6M
7 Bernzott Capital Advisors 2.74% 90,287 $5.7M
8 Sage Investment Counsel LLC 1.91% 27,163 $1.7M
9 Landmark Investment Partners, L.P. 1.70% 37,512 $2.4M
10 Flat Footed LLC 1.48% 215,288 $13.6M
11 Long Focus Capital Management, LLC 1.22% 733,695 $46.4M
12 Donald Smith & CO., INC. 1.19% 1,043,822 $66.0M
13 Intrepid Capital Management Inc 1.08% 44,276 $2.8M
14 Consulta Ltd 0.94% 300,000 $19.0M
15 Northside Capital Management, LLC 0.72% 130,483 $8.3M
16 Boyar Asset Management INC. 0.72% 20,095 $1.3M
17 Msrh, LLC 0.64% 7,200 $574K
18 Motley Fool Wealth Management, LLC 0.62% 86,126 $5.4M
19 IFC Advisors LLC 0.48% 52,674 $3.3M
20 Rivernorth Capital Management, LLC 0.47% 149,204 $9.4M
21 Womack Financial LLC 0.38% 8,253 $522K
22 River Road Asset Management, LLC 0.37% 510,387 $32.3M
23 Independent Investors Inc 0.36% 28,637 $1.8M
24 Keynote Financial Services LLC 0.35% 10,550 $667K
25 Dark Forest Capital Management LP 0.33% 59,357 $3.8M
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 — Howard Hughes Holdings Inc (HHH)

What does the Smart Money Trend signal show for HHH?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their HHH 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 HHH?

More sellers than buyers — 45% buying: Last quarter: 178 funds reduced or exited vs 146 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for HHH holders?

Strong quality — 20% AUM from major funds: 43 of 284 holders rank in the top 100 by AUM, accounting for 20% 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 HHH?

46% of holders stayed for 2+ years: 133 out of 287 hedge funds have held HHH 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 Howard Hughes Holdings Inc (HHH) following the 2026 Q1 hedge fund 13F filings?

As of today, HHH has moved +4.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.5% for the XLRE sector ETF — an outperformance of +3.3%. Since the quarter end (March 31, 2026), HHH has gained +5.7% vs +7.4% for XLRE. 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.

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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