HIGHWOODS PPTYS INC HIW
COM · REIT · CUSIP 431284108
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersRaleigh, NC
- FilingsSEC EDGAR
* 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 ($1.9m this quarter). Holder counts are more reliable. Shares outstanding: 105.7m as of 2023-07-18, 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 ≈ $23.91. Options: 5 managers hold calls ($1.7m notional), 6 hold puts ($2.8m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 293 |
| Q4 2022 | 294 |
| Q1 2023 | 296 |
| Q2 2023 | 285 |
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 2022 | 154 | 134 |
| Q1 2023 | 168 | 120 |
| Q2 2023 | 128 | 149 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $595.0k | $253.0k | 0.43 |
| Q4 2022 | $1.5m | $343.4k | 0.23 |
| Q1 2023 | $2.1m | $7.2m | 3.41 |
| Q2 2023 | $1.7m | $2.8m | 1.69 |
Biggest buyers
| FRANKLIN RESOURCES INC | Added | +960.2k |
| Senvest Management, LLC | New | +759.1k |
| ExodusPoint Capital Management, LP | Added | +746.4k |
| MILLENNIUM MANAGEMENT LLC | Added | +690.8k |
| CHILTON CAPITAL MANAGEMENT LLC | New | +421.8k |
| Allianz Asset Management GmbH | Added | +389.0k |
| AMERICAN CENTURY COMPANIES INC | Added | +299.1k |
| Schonfeld Strategic Advisors LLC | Added | +286.5k |
| BlackRock Inc. | Added | +229.2k |
| Bank of New York Mellon Corp | Added | +228.9k |
Biggest sellers
| Weiss Multi-Strategy Advisers LLC | Sold out | -1.6m |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | Reduced | -1.5m |
| Balyasny Asset Management L.P. | Reduced | -822.1k |
| Boston Partners | Sold out | -764.3k |
| VANGUARD GROUP INC | Reduced | -549.6k |
| NORTHERN TRUST CORP | Reduced | -492.7k |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC | Reduced | -454.2k |
| Waterfront Capital Partners, LLC | Reduced | -418.1k |
| Sumitomo Mitsui Trust Group, Inc. | Reduced | -400.1k |
| Invesco Ltd. | Reduced | -398.2k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $994.7k41.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $487.8k20.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $162.0k6.8k shares |
| GROUP ONE TRADING LLC | Reduced | $31.1k1.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| WOLVERINE TRADING, LLC | Reduced | $1.5m61.0k shares |
| CITADEL ADVISORS LLC | Added | $664.7k27.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $526.0k22.0k shares |
| GROUP ONE TRADING LLC | Reduced | $124.3k5.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $66.0k2.8k 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 +3.6 pts · filed 2026-07-28 | 17.7% |
| COHEN & STEERS, INC. 13G · institution +4.0 pts · filed 2026-08-14 | 15.3% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-02-05 | 10.5% |
| STATE STREET CORP 13G · institution new · filed 2025-05-13 | 6.0% |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 13G · institution new · filed 2025-05-14 | 5.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2023
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 |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $761.0k | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 3 | $210.3k | 1 | $19.8k | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 1 | $99.0k | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| COHEN & STEERS, INC. 0.88% of their portfolio | 17.5m $418.4m | Added +70.2k |
| VANGUARD GROUP INC 0.01% of their portfolio | 16.2m $388.1m | Reduced -549.6k |
| BlackRock Inc. 0.01% of their portfolio | 12.7m $304.8m | Added +229.2k |
| STATE STREET CORP 0.01% of their portfolio | 6.9m $164.4m | Reduced -98.8k |
| Daiwa Securities Group Inc. 0.37% of their portfolio | 2.3m $55.6m | Reduced -29.1k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 2.1m $50.7m | Added +960.2k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 2.1m $49.3m | Added +299.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.8m $42.3m | Added +79.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.7m $39.9m | Added +87.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.7m $39.8m | Added +228.9k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.5m $35.2m | Added +11.6k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.4m $32.5m | Reduced -492.7k |
| MORGAN STANLEY 0.00% of their portfolio | 1.2m $28.0m | Added +181.8k |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 1.1m $25.4m | Reduced -35.1k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 964.8k $23.1m | Added +37.7k |
| ExodusPoint Capital Management, LP 0.26% of their portfolio | 937.2k $22.4m | Added +746.4k |
| NORGES BANK 0.00% of their portfolio | 929.4k $22.2m | Reduced -137.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 908.9k $21.7m | Added +210.4k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 885.2k $21.2m | Added +690.8k |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.25% of their portfolio | 880.2k $21.0m | Reduced -1.5m |
| Legal & General Group Plc 0.01% of their portfolio | 812.6k $19.4m | Reduced -63.4k |
| CORDA Investment Management, LLC. 1.49% of their portfolio | 795.2k $19.0m | Added +106.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 779.1k $18.6m | Reduced -13.9k |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 773.0k $18.5m | Added +86.7k |
| Senvest Management, LLC 0.60% of their portfolio | 759.1k $18.2m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 727.6k $16.9m | Unchanged |
| Waterfront Capital Partners, LLC 1.30% of their portfolio | 647.0k $15.5m | Reduced -418.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 642.6k $15.4m | Added +24.9k |
| Heitman Real Estate Securities LLC 0.73% of their portfolio | 551.1k $13.2m | Reduced -107.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 545.3k $13.0m | Reduced -400.1k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.23% of their portfolio | 540.4k $12.9m | Reduced -59.4k |
| Schonfeld Strategic Advisors LLC 0.11% of their portfolio | 535.5k $12.8m | Added +286.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.07% of their portfolio | 528.1k $12.6m | Reduced -21.6k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio | 501.1k $12.0m | Reduced -123.0k |
| FMR LLC 0.00% of their portfolio | 464.3k $11.1m | Reduced -40.9k |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC 0.41% of their portfolio | 432.6k $10.3m | Reduced -454.2k |
| Lighthouse Investment Partners, LLC 0.77% of their portfolio | 425.0k $10.2m | Reduced -50.0k |
| CHILTON CAPITAL MANAGEMENT LLC 0.55% of their portfolio | 421.8k $10.1m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 407.0k $9.7m | Added +12.2k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 398.5k $9.5m | Added +389.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 395.9k $9.5m | Reduced -20.3k |
| Kemnay Advisory Services Inc. 4.12% of their portfolio | 392.2k $9.4m | Added +113.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 362.4k $8.7m | Reduced -4.5k |
| Invesco Ltd. 0.00% of their portfolio | 349.5k $8.4m | Reduced -398.2k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 341.3k $8.2m | Added +7.6k |
| State of Tennessee, Department of Treasury 0.03% of their portfolio | 336.8k $8.1m | Unchanged |
| Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio | 317.5k $7.6m | Reduced -23.2k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 288.9k $6.9m | Reduced -5.0k |
| Cercano Management LLC 0.23% of their portfolio | 281.1k $6.7m | Unchanged |
| Swedbank AB 0.01% of their portfolio | 275.6k $6.6m | Unchanged |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.06% of their portfolio | 254.6k $6.1m | Added +17.6k |
| MERITAGE PORTFOLIO MANAGEMENT 0.42% of their portfolio | 248.8k $5.9m | Reduced -17.6k |
| M&G INVESTMENT MANAGEMENT LTD 0.03% of their portfolio | 232.2k $5.6m | Reduced -13.2k |
| Swiss National Bank 0.00% of their portfolio | 229.6k $5.5m | Added +2.6k |
| PUTNAM INVESTMENTS LLC 0.01% of their portfolio | 228.1k $5.5m | New |
| Man Group plc 0.02% of their portfolio | 223.7k $5.3m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 219.0k $5.2m | Added +123.4k |
| UBS Group AG 0.00% of their portfolio | 218.6k $5.2m | Added +552 |
| TRUIST FINANCIAL CORP 0.01% of their portfolio | 213.9k $5.1m | Reduced -11.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 213.5k $5.1m | Added +20.8k |
| California Public Employees Retirement System 0.00% of their portfolio | 208.9k $5.0m | Reduced -2.8k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 198.0k $4.7m | Added +55.3k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 197.4k $4.7m | Added +15.8k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.47% of their portfolio | 190.7k $4.6m | Added +137.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 190.1k $4.5m | Added +103.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 189.7k $4.5m | Added +123.0k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio | 189.7k $4.5m | Reduced -5.0k |
| Edge Capital Group, LLC 0.25% of their portfolio | 183.6k $4.4m | Added +164.1k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 178.9k $4.3m | Reduced -5.6k |
| STRS OHIO 0.02% of their portfolio | 173.7k $4.2m | Reduced -106.2k |
| Asset Management One Co., Ltd. 0.02% of their portfolio | 173.2k $4.1m | Added +7.1k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 172.4k $4.1m | Reduced -700 |
| ALGERT GLOBAL LLC 0.18% of their portfolio | 169.9k $4.1m | Unchanged |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 162.9k $3.9m | Reduced -7.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 162.8k $3.9m | Reduced -143.1k |
| LSV ASSET MANAGEMENT 0.01% of their portfolio | 160.0k $3.8m | Unchanged |
| AMERICAN INTERNATIONAL GROUP, INC. 0.02% of their portfolio | 159.1k $3.8m | Reduced -3.3k |
| Davis Selected Advisers 0.02% of their portfolio | 157.0k $3.8m | Added +4.0k |
| Pacific Heights Asset Management LLC 0.33% of their portfolio | 150.0k $3.6m | Unchanged |
| BOOTHBAY FUND MANAGEMENT, LLC 0.11% of their portfolio | 146.1k $3.5m | Added +5.3k |
| Verition Fund Management LLC 0.05% of their portfolio | 144.9k $3.5m | Reduced -67.3k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 136.9k $3.3m | New |
| Retirement Systems of Alabama 0.01% of their portfolio | 135.9k $3.2m | Reduced -1.6k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.01% of their portfolio | 128.7k $3.1m | Added +29.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 127.7k $3.1m | Reduced -3.6k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 126.7k $3.0m | Reduced -35.1k |
| GSI Capital Advisors LLC 1.81% of their portfolio | 123.8k $3.0m | Reduced -8.5k |
| DekaBank Deutsche Girozentrale 0.01% of their portfolio | 121.2k $2.9m | Added +3.4k |
| State of Alaska, Department of Revenue 0.03% of their portfolio | 120.6k $2.9m | Reduced -6.4k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 116.1k $2.8m | New |
| NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio | 115.2k $2.8m | Added +3.9k |
| Squarepoint Ops LLC 0.02% of their portfolio | 114.4k $2.7m | Reduced -4.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 113.6k $2.7m | Added +95.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 104.6k $2.5m | Reduced -12.3k |
| Swiss Life Asset Management Ltd 0.04% of their portfolio | 102.2k $2.4m | Reduced -29.2k |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.05% of their portfolio | 100.0k $2.4m | Added +18.0k |
| BARCLAYS PLC 0.00% of their portfolio | 98.8k $2.4m | Added +11.5k |
| V3 Capital Management, L.P. 0.75% of their portfolio | 98.3k $2.4m | New |
| HGI Capital Management, LLC 1.12% of their portfolio | 97.4k $2.3m | New |
| Graham Capital Management, L.P. 0.08% of their portfolio | 96.6k $2.3m | Added +40.5k |