HP INC HPQ
COM · Common Stock · CUSIP 40434L105 · ISIN US40434L1052
American information technology company
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($120.7m this quarter). Holder counts are more reliable. Shares outstanding: 934.7m as of 2025-08-22, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $27.27. Options: 31 managers hold calls ($311.3m notional), 29 hold puts ($259.1m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 986 |
| Q4 2022 | 1,002 |
| Q1 2023 | 1,009 |
| Q2 2023 | 1,032 |
| Q3 2023 | 1,006 |
| Q4 2023 | 1,100 |
| Q1 2024 | 1,086 |
| Q2 2024 | 1,159 |
| Q3 2024 | 1,163 |
| Q4 2024 | 1,175 |
| Q1 2025 | 1,158 |
| Q2 2025 | 1,100 |
| Q3 2025 | 1,109 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 501 | 433 |
| Q1 2024 | 503 | 473 |
| Q2 2024 | 583 | 424 |
| Q3 2024 | 561 | 458 |
| Q4 2024 | 470 | 532 |
| Q1 2025 | 526 | 534 |
| Q2 2025 | 490 | 555 |
| Q3 2025 | 504 | 491 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $424.6m | $350.6m | 0.83 |
| Q1 2025 | $257.2m | $202.9m | 0.79 |
| Q2 2025 | $307.3m | $281.9m | 0.92 |
| Q3 2025 | $311.3m | $259.1m | 0.83 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +5.5m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +5.4m |
| AQR CAPITAL MANAGEMENT LLC | Added | +5.3m |
| WORLDQUANT MILLENNIUM ADVISORS LLC | New | +3.6m |
| MILLENNIUM MANAGEMENT LLC | Added | +3.3m |
| VANGUARD GROUP INC | Added | +3.1m |
| STATE STREET CORP | Added | +2.7m |
| GOLDMAN SACHS GROUP INC | Added | +2.3m |
| Man Group plc | Added | +2.0m |
| Assenagon Asset Management S.A. | Added | +1.4m |
Biggest sellers
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -3.7m |
| ROYAL BANK OF CANADA | Reduced | -3.4m |
| Amundi | Reduced | -3.3m |
| DME Capital Management, LP | Reduced | -2.7m |
| Qube Research & Technologies Ltd | Reduced | -2.5m |
| KBC Group NV | Reduced | -2.2m |
| AustralianSuper Pty Ltd | Reduced | -2.2m |
| Freestone Grove Partners LP | Sold out | -1.7m |
| Invesco Ltd. | Reduced | -1.6m |
| Woodline Partners LP | Sold out | -1.4m |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $51.8m1.9m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $50.5m1.9m shares |
| Twin Tree Management, LP | Added | $32.9m1.2m shares |
| Squarepoint Ops LLC | Reduced | $21.6m794.1k shares |
| JANE STREET GROUP, LLC | Added | $21.2m779.7k shares |
| IMC-Chicago, LLC | Added | $16.0m587.8k shares |
| Walleye Trading LLC | Added | $15.2m557.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $14.9m548.6k shares |
| Cubist Systematic Strategies, LLC | Added | $14.0m515.6k shares |
| UBS Group AG | Added | $9.8m358.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $66.2m2.4m shares |
| CITADEL ADVISORS LLC | Reduced | $27.4m1.0m shares |
| UBS Group AG | Added | $21.2m778.8k shares |
| IMC-Chicago, LLC | Added | $17.2m630.3k shares |
| Walleye Trading LLC | Added | $17.0m625.8k shares |
| Walleye Capital LLC | Reduced | $16.6m610.1k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $12.4m455.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $12.3m451.3k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $11.1m409.1k shares |
| Squarepoint Ops LLC | Reduced | $9.9m364.9k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +1.6 pts · filed 2026-04-07 | 10.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.3% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q3 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2023 | 0 | — | 2 | $2.3m | $2.3m |
| Q1 2024 | 0 | — | 5 | $6.1m | $1.1m |
| Q2 2024 | 0 | — | 1 | $6.3m | $6.3m |
| Q3 2024 | 0 | — | 1 | $7.0m | $7.0m |
| Q4 2024 | 0 | — | 4 | $9.7m | $6.8m |
| Q1 2025 | 0 | — | 3 | $2.8m | $2.3m |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 1 | $920.5k | $920.5k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-09-29 | LORES ENRIQUE President and CEO, director | Sold plan | $920.5k34.3k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.05% of their portfolio | 129.7m $3.5bn | Added +3.1m |
| BlackRock, Inc. 0.06% of their portfolio | 115.6m $3.1bn | Reduced -21.2k |
| STATE STREET CORP 0.05% of their portfolio | 52.7m $1.5bn | Added +2.7m |
| Dodge & Cox 0.51% of their portfolio | 34.7m $944.4m | Reduced -260.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 27.0m $734.6m | Added +852.7k |
| PRIMECAP MANAGEMENT CO/CA/ 0.38% of their portfolio | 18.1m $493.7m | Reduced -511.7k |
| BANK OF AMERICA CORP /DE/ 0.04% of their portfolio | 18.0m $490.4m | Added +236.6k |
| MORGAN STANLEY 0.02% of their portfolio | 15.0m $409.5m | Added +94.5k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 11.6m $317.2m | Added +5.5m |
| Invesco Ltd. 0.05% of their portfolio | 11.6m $314.9m | Reduced -1.6m |
| NORTHERN TRUST CORP 0.04% of their portfolio | 11.4m $311.7m | Reduced -105.1k |
| LSV ASSET MANAGEMENT 0.68% of their portfolio | 11.4m $310.0m | Reduced -131.2k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 10.7m $291.7m | Added +2.3m |
| AQR CAPITAL MANAGEMENT LLC 0.16% of their portfolio | 9.0m $244.5m | Added +5.3m |
| DEUTSCHE BANK AG\ 0.08% of their portfolio | 8.8m $239.3m | Added +175.6k |
| Legal & General Group Plc 0.05% of their portfolio | 8.7m $235.6m | Added +586.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.14% of their portfolio | 8.4m $228.2m | Added +5.4m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 7.2m $197.0m | Reduced -3.7m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 7.1m $194.4m | Added +183.0k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 6.8m $186.2m | Added +517.4k |
| Pacer Advisors, Inc. 0.46% of their portfolio | 6.6m $179.1m | Reduced -1.0m |
| RWC Asset Management LLP 7.73% of their portfolio | 5.9m $159.9m | Added +116.3k |
| Maj Invest Holding A/S 5.35% of their portfolio | 5.8m $156.7m | Added +210.8k |
| UBS Group AG 0.03% of their portfolio | 5.3m $144.3m | Reduced -420.7k |
| Nuveen, LLC 0.04% of their portfolio | 5.3m $143.0m | Reduced -1.2m |
| AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio | 5.1m $137.7m | Added +181.2k |
| FIRST TRUST ADVISORS LP 0.10% of their portfolio | 4.8m $129.9m | Reduced -102.9k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 4.7m $127.6m | Reduced -85.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.10% of their portfolio | 4.6m $125.5m | Reduced -55.0k |
| HSBC HOLDINGS PLC 0.07% of their portfolio | 4.6m $124.3m | Reduced -357.5k |
| Allianz Asset Management GmbH 0.15% of their portfolio | 4.5m $123.2m | Reduced -138.3k |
| MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio | 4.1m $111.0m | Added +3.3m |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 4.1m $110.3m | Reduced -3.4m |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.42% of their portfolio | 3.6m $97.5m | New |
| AustralianSuper Pty Ltd 0.45% of their portfolio | 3.5m $96.2m | Reduced -2.2m |
| Amundi 0.03% of their portfolio | 3.3m $88.5m | Reduced -3.3m |
| DNB Asset Management AS 0.32% of their portfolio | 3.1m $84.3m | Added +616 |
| BARCLAYS PLC 0.03% of their portfolio | 2.8m $76.1m | Added +362.8k |
| Swiss National Bank 0.04% of their portfolio | 2.7m $73.7m | Reduced -145.9k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 2.5m $69.4m | Reduced -8.1k |
| California Public Employees Retirement System 0.04% of their portfolio | 2.5m $67.8m | Added +833.6k |
| CANADA LIFE ASSURANCE Co 0.09% of their portfolio | 2.4m $64.3m | Added +19.6k |
| National Pension Service 0.05% of their portfolio | 2.3m $63.2m | Added +211.4k |
| DAVENPORT & Co LLC 0.34% of their portfolio | 2.3m $62.7m | Reduced -33.9k |
| Man Group plc 0.12% of their portfolio | 2.3m $62.4m | Added +2.0m |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 2.3m $62.2m | Added +8.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio | 2.2m $61.2m | Added +258.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 2.2m $60.8m | Added +188.4k |
| ACADIAN ASSET MANAGEMENT LLC 0.10% of their portfolio | 2.1m $56.5m | Added +865.3k |
| KBC Group NV 0.13% of their portfolio | 2.1m $55.9m | Reduced -2.2m |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 2.0m $55.2m | Added +35.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.04% of their portfolio | 1.9m $51.0m | Added +29.3k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.08% of their portfolio | 1.8m $49.7m | Added +16.4k |
| CAPTRUST FINANCIAL ADVISORS 0.10% of their portfolio | 1.8m $48.0m | Reduced -4.7k |
| FMR LLC 0.00% of their portfolio | 1.8m $47.7m | Added +46.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 1.7m $45.2m | Added +9.2k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 1.6m $44.5m | Added +295.4k |
| CITIGROUP INC 0.03% of their portfolio | 1.6m $43.7m | Reduced -884 |
| Railway Pension Investments Ltd 0.59% of their portfolio | 1.6m $43.6m | Added +92.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 1.6m $43.5m | Added +233.7k |
| Andra AP-fonden 0.53% of their portfolio | 1.5m $41.3m | Reduced -11.6k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.07% of their portfolio | 1.5m $40.5m | Added +888.6k |
| Mitsubishi UFJ Trust & Banking Corp 0.09% of their portfolio | 1.5m $40.3m | Added +101.8k |
| Gotham Asset Management, LLC 0.17% of their portfolio | 1.4m $39.2m | Added +651.2k |
| Assenagon Asset Management S.A. 0.06% of their portfolio | 1.4m $38.0m | Added +1.4m |
| Squarepoint Ops LLC 0.08% of their portfolio | 1.4m $37.5m | Added +1.4m |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 1.4m $37.5m | Added +53.5k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 1.3m $35.5m | Added +1.2m |
| NATIXIS ADVISORS, LLC 0.05% of their portfolio | 1.3m $34.9m | Added +275.3k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 1.2m $33.3m | Reduced -144.0k |
| Applied Finance Capital Management, LLC 2.35% of their portfolio | 1.2m $33.1m | Added +94.5k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.03% of their portfolio | 1.2m $32.3m | Added +274.7k |
| NATIXIS 0.17% of their portfolio | 1.2m $31.7m | Reduced -81.7k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.18% of their portfolio | 1.1m $31.2m | Added +267.2k |
| Robeco Institutional Asset Management B.V. 0.04% of their portfolio | 1.1m $30.6m | Reduced -71.7k |
| CONNING INC. 1.02% of their portfolio | 1.1m $30.6m | Reduced -212.6k |
| LPL Financial LLC 0.01% of their portfolio | 1.1m $28.6m | Added +657.9k |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 1.0m $28.2m | Reduced -442.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 1.0m $28.5m | Reduced -38.5k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.08% of their portfolio | 1.0m $28.3m | Reduced -122.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 1.0m $28.3m | Reduced -525.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio | 1.0m $27.9m | Added +689.9k |
| STOREBRAND ASSET MANAGEMENT AS 0.07% of their portfolio | 982.8k $26.8m | Reduced -28.4k |
| Aberdeen Group plc 0.04% of their portfolio | 973.8k $26.2m | Added +19.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.05% of their portfolio | 967.4k $26.3m | Reduced -88.4k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 966.4k $26.3m | Reduced -58.7k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio | 940.8k $25.6m | Reduced -20.2k |
| SHELTON CAPITAL MANAGEMENT 0.54% of their portfolio | 926.9k $25.2m | Added +189.6k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 909.5k $24.8m | Added +534.8k |
| Summit Street Capital Management, LLC 7.03% of their portfolio | 907.3k $51.2m | Added +184.5k |
| ALPS ADVISORS INC 0.13% of their portfolio | 877.1k $23.9m | Reduced -108.6k |
| Capitolis Liquid Global Markets LLC 0.18% of their portfolio | 830.0k $22.6m | New |
| Swiss Life Asset Management Ltd 0.12% of their portfolio | 829.6k $22.6m | Added +33.5k |
| Swedbank AB 0.02% of their portfolio | 829.5k $22.6m | Added +23.8k |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 802.6k $21.9m | Added +139.7k |
| Achmea Investment Management B.V. 0.27% of their portfolio | 799.4k $21.8m | Added +34.0k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 785.5k $21.4m | Reduced -501.5k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 780.6k $21.3m | Reduced -220.0k |
| AVIVA PLC 0.04% of their portfolio | 775.3k $21.1m | Added +14.9k |
| DekaBank Deutsche Girozentrale 0.03% of their portfolio | 768.3k $20.6m | Unchanged |