HEALTHPEAK PROPERTIES INC DOC
COM · REIT · CUSIP 42250P103 · ISIN US42250P1030
Real estate investment trust
* 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 ($49.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $20.21. Options: 12 managers hold calls ($12.9m notional), 10 hold puts ($3.9m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 589 |
| Q4 2022 | 610 |
| Q1 2023 | 592 |
| Q2 2023 | 611 |
| Q3 2023 | 588 |
| Q4 2023 | 616 |
| Q1 2024 | 679 |
| Q2 2024 | 710 |
| Q3 2024 | 736 |
| Q4 2024 | 763 |
| Q1 2025 | 760 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 289 | 268 |
| Q3 2023 | 280 | 270 |
| Q4 2023 | 290 | 288 |
| Q1 2024 | 474 | 212 |
| Q2 2024 | 375 | 308 |
| Q3 2024 | 368 | 327 |
| Q4 2024 | 341 | 356 |
| Q1 2025 | 412 | 305 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $13.0m | $4.8m | 0.37 |
| Q3 2024 | $18.5m | $3.1m | 0.17 |
| Q4 2024 | $17.2m | $2.4m | 0.14 |
| Q1 2025 | $12.9m | $3.9m | 0.30 |
Biggest buyers
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +7.9m |
| Invesco Ltd. | Added | +4.0m |
| GOLDMAN SACHS GROUP INC | Added | +2.5m |
| Amundi | Added | +2.4m |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | Added | +2.1m |
| BANK OF AMERICA CORP /DE/ | Added | +1.6m |
| Resolution Capital Ltd | Added | +1.3m |
| Cullen Capital Management, LLC | Added | +1.3m |
| Adelante Capital Management LLC | Added | +1.2m |
| FULLER & THALER ASSET MANAGEMENT, INC. | Added | +1.1m |
Biggest sellers
| Long Pond Capital, LP | Sold out | -4.3m |
| JPMORGAN CHASE & CO | Reduced | -3.2m |
| BlackRock, Inc. | Reduced | -2.9m |
| Zurich Insurance Group Ltd/FI | Sold out | -1.2m |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -1.2m |
| AMERIPRISE FINANCIAL INC | Reduced | -1.1m |
| National Pension Service | Reduced | -1.1m |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. | Reduced | -1.1m |
| Alyeska Investment Group, L.P. | Reduced | -1.0m |
| UBS Group AG | Reduced | -1.0m |
Biggest calls
| UBS Group AG | Reduced | $3.2m159.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.6m128.5k shares |
| CITADEL ADVISORS LLC | Added | $2.4m117.9k shares |
| Twin Tree Management, LP | Reduced | $1.2m61.6k shares |
| GROUP ONE TRADING LLC | Added | $1.1m56.7k shares |
| MILLENNIUM MANAGEMENT LLC | New | $782.5k38.7k shares |
| JANE STREET GROUP, LLC | Reduced | $535.8k26.5k shares |
| IMC-Chicago, LLC | Added | $495.4k24.5k shares |
| WOLVERINE TRADING, LLC | Added | $476.5k23.6k shares |
| SIMPLEX TRADING, LLC | New | $14.0k700 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.9m95.6k shares |
| CITADEL ADVISORS LLC | Reduced | $477.2k23.6k shares |
| IMC-Chicago, LLC | Added | $404.4k20.0k shares |
| GROUP ONE TRADING LLC | Added | $355.9k17.6k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $289.1k14.3k shares |
| WOLVERINE TRADING, LLC | New | $201.9k10.0k shares |
| SIMPLEX TRADING, LLC | Added | $177.0k8.8k shares |
| Walleye Trading LLC | New | $60.7k3.0k shares |
| Quaker Wealth Management, LLC | First filing | $13.8k683 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 filed 2025-04-28 | 10.0% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 8.4% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.4% |
| STATE STREET CORP 13G · institution new · filed 2026-08-07 | 6.4% |
Fell to 5% or below in the last year: JPMORGAN CHASE & CO (4.3%, 2026-07-22), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q1 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 |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 1 | $300.8k | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 111.6m $2.3bn | Reduced -92.8k |
| BlackRock, Inc. 0.03% of their portfolio | 81.1m $1.6bn | Reduced -2.9m |
| STATE STREET CORP 0.04% of their portfolio | 48.2m $973.8m | Added +735.9k |
| Invesco Ltd. 0.09% of their portfolio | 23.1m $467.3m | Added +4.0m |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 18.9m $380.5m | Added +517.8k |
| FULLER & THALER ASSET MANAGEMENT, INC. 1.44% of their portfolio | 18.4m $372.0m | Added +1.1m |
| PRINCIPAL FINANCIAL GROUP INC 0.20% of their portfolio | 17.9m $361.1m | Reduced -276.7k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 16.5m $333.3m | Reduced -3.2m |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 2.78% of their portfolio | 13.3m $268.6m | Added +2.1m |
| MORGAN STANLEY 0.02% of their portfolio | 13.1m $264.3m | Added +733.4k |
| Legal & General Group Plc 0.06% of their portfolio | 11.3m $227.9m | Added +278.9k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 10.5m $212.7m | Reduced -6.6k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 10.4m $210.1m | Added +77.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 10.2m $207.0m | Added +84.6k |
| Cullen Capital Management, LLC 2.36% of their portfolio | 10.1m $204.1m | Added +1.3m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.05% of their portfolio | 9.2m $186.4m | Added +7.9m |
| NORGES BANK 0.02% of their portfolio | 8.8m $177.5m | Added +549.1k |
| DEUTSCHE BANK AG\ 0.07% of their portfolio | 8.5m $171.5m | Added +23.1k |
| PGGM Investments 2.01% of their portfolio | 7.4m $149.1m | Added +208.5k |
| Resolution Capital Ltd 2.89% of their portfolio | 7.3m $148.6m | Added +1.3m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 7.1m $143.6m | Added +1.6m |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 6.8m $136.8m | Added +2.5m |
| Bank of New York Mellon Corp 0.03% of their portfolio | 6.3m $127.3m | Reduced -214.8k |
| Nuveen, LLC 0.04% of their portfolio | 6.1m $124.1m | First filing |
| AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio | 5.8m $117.5m | Added +437.0k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 1.77% of their portfolio | 5.7m $115.4m | Added +930.1k |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 5.5m $109.9m | Reduced -1.1m |
| Amundi 0.04% of their portfolio | 5.0m $98.2m | Added +2.4m |
| FMR LLC 0.01% of their portfolio | 4.2m $84.7m | Added +676.4k |
| LPL Financial LLC 0.03% of their portfolio | 4.0m $81.5m | Added +404.4k |
| CI INVESTMENTS INC. 0.33% of their portfolio | 3.9m $79.2m | Added +94.9k |
| Russell Investments Group, Ltd. 0.10% of their portfolio | 3.5m $71.4m | Added +415.7k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.74% of their portfolio | 3.5m $70.7m | Reduced -1.1m |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 3.1m $61.8m | Added +669.2k |
| Douglas Lane & Associates, LLC 0.83% of their portfolio | 2.8m $56.5m | Added +218.4k |
| Aberdeen Group plc 0.11% of their portfolio | 2.8m $55.7m | Reduced -56.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.05% of their portfolio | 2.7m $54.3m | Added +52.8k |
| APG Asset Management US Inc. 0.41% of their portfolio | 2.7m $53.3m | Added +191.1k |
| Brookfield Corp /ON/ 0.05% of their portfolio | 2.5m $50.2m | Reduced -76.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 2.5m $49.7m | Reduced -12.5k |
| UBS Group AG 0.01% of their portfolio | 2.4m $48.7m | Reduced -1.0m |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 2.3m $46.3m | Added +111.1k |
| STRS OHIO 0.18% of their portfolio | 2.1m $41.9m | Added +39.8k |
| Swiss National Bank 0.03% of their portfolio | 2.0m $39.9m | Reduced -2.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 1.7m $35.3m | Added +161.2k |
| GW&K Investment Management, LLC 0.32% of their portfolio | 1.7m $35.0m | Added +25.2k |
| Alyeska Investment Group, L.P. 0.13% of their portfolio | 1.6m $31.9m | Reduced -1.0m |
| CRAWFORD INVESTMENT COUNSEL INC 0.55% of their portfolio | 1.5m $31.2m | Added +98.3k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.88% of their portfolio | 1.5m $30.9m | Added +57.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.06% of their portfolio | 1.5m $30.9m | Added +41.6k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 1.5m $30.6m | Added +18.7k |
| ZACKS INVESTMENT MANAGEMENT 0.28% of their portfolio | 1.5m $29.9m | Added +51.1k |
| CANADA LIFE ASSURANCE Co 0.05% of their portfolio | 1.5m $29.9m | Added +109.5k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 1.4m $28.4m | Added +120.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 1.3m $27.2m | First filing |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 1.3m $27.1m | Added +258.9k |
| Asset Management One Co., Ltd. 0.09% of their portfolio | 1.3m $26.8m | Reduced -374 |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 1.3m $26.6m | Reduced -109.0k |
| FEDERATED HERMES, INC. 0.06% of their portfolio | 1.3m $26.5m | Added +16.0k |
| BARCLAYS PLC 0.01% of their portfolio | 1.3m $26.5m | Added +247.0k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 1.3m $25.7m | Added +159.7k |
| MACQUARIE GROUP LTD 0.03% of their portfolio | 1.2m $25.1m | Added +57.7k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.09% of their portfolio | 1.2m $24.6m | Reduced -31.8k |
| NOMURA ASSET MANAGEMENT CO LTD 0.07% of their portfolio | 1.2m $24.3m | Added +59.8k |
| Adelante Capital Management LLC 1.82% of their portfolio | 1.2m $24.0m | Added +1.2m |
| California Public Employees Retirement System 0.02% of their portfolio | 1.2m $23.7m | Reduced -52.2k |
| Foresight Group Ltd Liability Partnership 3.22% of their portfolio | 1.1m $22.8m | Reduced -88.7k |
| PRUDENTIAL FINANCIAL INC 0.03% of their portfolio | 1.1m $22.8m | Reduced -6.1k |
| Hudson Bay Capital Management LP 0.14% of their portfolio | 1.1m $22.8m | Added +287.6k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.09% of their portfolio | 1.1m $22.5m | Added +178.0k |
| JUPITER ASSET MANAGEMENT LTD 0.21% of their portfolio | 1.1m $22.3m | New |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 1.1m $22.1m | Reduced -93.7k |
| M&T Bank Corp 0.08% of their portfolio | 1.1m $22.0m | Added +94.5k |
| AXA S.A. 0.07% of their portfolio | 1.1m $21.8m | Reduced -351.5k |
| Pictet Asset Management Holding SA 0.02% of their portfolio | 1.1m $21.7m | Added +20.3k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 1.1m $21.5m | Reduced -368.8k |
| Allianz Asset Management GmbH 0.03% of their portfolio | 1.1m $21.4m | Reduced -551.7k |
| CITIGROUP INC 0.02% of their portfolio | 1.0m $21.2m | Added +497.4k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 1.0m $21.1m | Added +293.8k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.16% of their portfolio | 1.0m $21.0m | First filing |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.05% of their portfolio | 1.0m $20.9m | Added +263.1k |
| 1832 Asset Management L.P. 0.04% of their portfolio | 1.0m $20.5m | Added +340.1k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.25% of their portfolio | 1.0m $20.5m | Added +375.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 1.0m $20.5m | Added +20.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 1.0m $20.4m | Added +12.1k |
| Foundry Partners, LLC 1.00% of their portfolio | 934.9k $18.9m | Added +256.3k |
| MUFG Securities EMEA plc 0.46% of their portfolio | 880.0k $17.8m | New |
| Janney Montgomery Scott LLC 0.05% of their portfolio | 839.5k $17.0m | Added +217.1k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.10% of their portfolio | 804.4k $16.3m | Reduced -207.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 795.3k $16.1m | Reduced -485.0k |
| Man Group plc 0.05% of their portfolio | 779.7k $15.8m | Reduced -727.7k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.25% of their portfolio | 747.5k $15.1m | Reduced -64.1k |
| Presima Securities ULC 3.33% of their portfolio | 737.1k $14.9m | Added +41.9k |
| Robeco Institutional Asset Management B.V. 0.03% of their portfolio | 698.9k $14.1m | Added +58.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 680.0k $13.8m | Added +569 |
| Lighthouse Investment Partners, LLC 0.62% of their portfolio | 670.2k $13.6m | Reduced -169.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 647.3k $13.1m | Added +109.1k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 645.5k $13.1m | Added +167.4k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.04% of their portfolio | 640.9k $13.0m | Added +20.0k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio | 638.4k $12.9m | Reduced -15.0k |