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 ($2.6m this quarter). Holder counts are more reliable. Shares outstanding: 106.0m as of 2024-07-16, 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 ≈ $26.22. Options: 6 managers hold calls ($3.7m notional), 5 hold puts ($2.1m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 293 |
| Q4 2022 | 294 |
| Q1 2023 | 296 |
| Q2 2023 | 285 |
| Q3 2023 | 298 |
| Q4 2023 | 305 |
| Q1 2024 | 294 |
| Q2 2024 | 293 |
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 |
| Q3 2023 | 143 | 144 |
| Q4 2023 | 154 | 144 |
| Q1 2024 | 139 | 143 |
| Q2 2024 | 149 | 130 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $1.9m | $1.2m | 0.61 |
| Q4 2023 | $3.4m | $2.4m | 0.70 |
| Q1 2024 | $4.1m | $3.5m | 0.86 |
| Q2 2024 | $3.7m | $2.1m | 0.56 |
Biggest buyers
| PGGM Investments | Added | +1.6m |
| FRANKLIN RESOURCES INC | Added | +1.2m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +545.1k |
| JPMORGAN CHASE & CO | Added | +485.8k |
| LSV ASSET MANAGEMENT | Added | +288.5k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | New | +254.0k |
| T. Rowe Price Investment Management, Inc. | Added | +223.4k |
| BANK OF AMERICA CORP /DE/ | Added | +213.8k |
| Invesco Ltd. | Added | +200.1k |
| M&G PLC | Added | +111.1k |
Biggest sellers
| MORGAN STANLEY | Reduced | -3.9m |
| Waterfront Capital Partners, LLC | Sold out | -1.0m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -824.9k |
| GRS Advisors, LLC | Reduced | -689.1k |
| COHEN & STEERS, INC. | Reduced | -649.4k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC | Reduced | -627.6k |
| BlackRock Inc. | Reduced | -512.9k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Reduced | -345.3k |
| Mirae Asset Global Investments Co., Ltd. | Reduced | -336.4k |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC | Sold out | -322.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.5m96.7k shares |
| SIMPLEX TRADING, LLC | Added | $646.0k24.6k shares |
| CITADEL ADVISORS LLC | Reduced | $281.1k10.7k shares |
| WOLVERINE TRADING, LLC | New | $244.3k9.3k shares |
| GROUP ONE TRADING LLC | Reduced | $36.8k1.4k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $919.5k35.0k shares |
| CITADEL ADVISORS LLC | Reduced | $803.9k30.6k shares |
| JANE STREET GROUP, LLC | Reduced | $239.1k9.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $126.0k4.8k 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 2024
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 2022 | 3 | $210.3k | 1 | $19.8k | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 1 | $99.0k | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 1 | $17.7k | 0 | — | — |
| Q1 2024 | 1 | $473.4k | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 16.8m $442.5m | Reduced -512.9k |
| VANGUARD GROUP INC 0.01% of their portfolio | 16.8m $440.3m | Reduced -278.1k |
| COHEN & STEERS, INC. 0.89% of their portfolio | 16.2m $424.5m | Reduced -649.4k |
| STATE STREET CORP 0.01% of their portfolio | 7.2m $188.2m | Reduced -133.3k |
| Invesco Ltd. 0.03% of their portfolio | 4.6m $121.1m | Added +200.1k |
| PGGM Investments 1.36% of their portfolio | 3.6m $95.3m | Added +1.6m |
| T. Rowe Price Investment Management, Inc. 0.05% of their portfolio | 2.7m $71.8m | Added +223.4k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 2.2m $58.4m | Added +1.2m |
| Daiwa Securities Group Inc. 0.31% of their portfolio | 2.2m $58.3m | Reduced -67.6k |
| MORGAN STANLEY 0.00% of their portfolio | 2.1m $55.9m | Reduced -3.9m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.0m $53.2m | Added +3.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.9m $49.6m | Added +29.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.8m $46.1m | Added +485.8k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.5m $40.2m | Added +36.3k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.4m $37.8m | Added +12.5k |
| GRS Advisors, LLC 4.27% of their portfolio | 1.4m $37.0m | Reduced -689.1k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.2m $32.3m | Added +56.4k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 1.2m $30.8m | Added +545.1k |
| NORGES BANK 0.00% of their portfolio | 1.0m $27.4m | Reduced -10.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 990.6k $26.0m | Added +213.8k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.46% of their portfolio | 964.3k $25.3m | Reduced -627.6k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 952.6k $25.0m | Reduced -5.0k |
| Legal & General Group Plc 0.01% of their portfolio | 902.7k $23.7m | Reduced -80.1k |
| CORDA Investment Management, LLC. 1.87% of their portfolio | 876.9k $23.0m | Added +8.2k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 850.2k $22.3m | Reduced -214.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 848.7k $22.3m | Added +58.6k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 802.7k $20.6m | Reduced -209.1k |
| LSV ASSET MANAGEMENT 0.03% of their portfolio | 552.0k $14.5m | Added +288.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 520.3k $13.7m | Reduced -25.1k |
| M&G PLC 0.08% of their portfolio | 497.6k $12.9m | Added +111.1k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.14% of their portfolio | 486.7k $12.8m | Reduced -76.5k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 466.1k $12.2m | Reduced -48.9k |
| CHILTON CAPITAL MANAGEMENT LLC 0.46% of their portfolio | 390.2k $10.2m | Reduced -47.4k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 325.4k $8.5m | Reduced -72.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 321.2k $8.4m | Added +49.9k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 287.3k $7.5m | Reduced -9.3k |
| Swedbank AB 0.01% of their portfolio | 275.6k $7.2m | Unchanged |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.01% of their portfolio | 254.0k $6.7m | New |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 251.2k $6.6m | Added +17.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 247.4k $6.5m | Added +7.2k |
| Public Sector Pension Investment Board 0.04% of their portfolio | 233.2k $6.1m | Added +16.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 229.9k $6.0m | Added +80.4k |
| FMR LLC 0.00% of their portfolio | 221.3k $5.8m | Reduced -15.7k |
| Swiss National Bank 0.00% of their portfolio | 208.3k $5.5m | Unchanged |
| AXA S.A. 0.01% of their portfolio | 206.4k $5.4m | Added +102.7k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 199.4k $5.2m | Reduced -20.1k |
| California Public Employees Retirement System 0.00% of their portfolio | 198.7k $5.2m | Added +1.0k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 195.1k $5.1m | Reduced -10.8k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio | 192.8k $5.1m | Reduced -959 |
| Quantinno Capital Management LP 0.09% of their portfolio | 186.5k $4.9m | Added +55.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 178.7k $4.7m | Reduced -10.3k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 177.6k $4.7m | Reduced -23.3k |
| State of Alaska, Department of Revenue 0.05% of their portfolio | 171.1k $4.5m | Reduced -1.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 169.6k $4.5m | Reduced -571 |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 162.4k $4.3m | Reduced -2.0k |
| Davis Selected Advisers 0.00% of their portfolio | 160.5k $0 | Unchanged |
| Asset Management One Co., Ltd. 0.02% of their portfolio | 159.0k $4.2m | Reduced -10.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 154.7k $4.1m | Reduced -824.9k |
| TRUIST FINANCIAL CORP 0.01% of their portfolio | 154.0k $4.0m | Reduced -31.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 153.9k $4.0m | Added +75.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 153.4k $4.0m | Added +20.6k |
| Edge Capital Group, LLC 0.19% of their portfolio | 152.5k $4.0m | Added +6.4k |
| Pacific Heights Asset Management LLC 0.31% of their portfolio | 150.0k $3.9m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 147.6k $3.9m | Added +13.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 146.1k $3.8m | Reduced -4.5k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 136.0k $3.6m | Reduced -18.4k |
| Andrew Hill Investment Advisors, Inc. 2.95% of their portfolio | 135.8k $3.6m | Added +43.3k |
| NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio | 134.3k $3.5m | Added +8.6k |
| CONGRESS ASSET MANAGEMENT CO 0.02% of their portfolio | 130.8k $3.4m | Reduced -1.4k |
| DekaBank Deutsche Girozentrale 0.01% of their portfolio | 121.5k $3.0m | Added +1.1k |
| Paralel Advisors LLC 0.15% of their portfolio | 118.4k $3.1m | Unchanged |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 118.3k $3.1m | Reduced -312.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 104.4k $2.7m | Reduced -2.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 103.1k $2.7m | Reduced -2.5k |
| Vident Advisory, LLC 0.07% of their portfolio | 98.3k $2.6m | Added +1.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 91.9k $2.4m | Reduced -2.3k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 88.0k $2.3m | Reduced -3.7k |
| SG Americas Securities, LLC 0.01% of their portfolio | 86.7k $2.3m | Added +9.2k |
| EASTERLY INVESTMENT PARTNERS LLC 0.20% of their portfolio | 85.0k $2.2m | Reduced -9.0k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 81.7k $2.1m | Reduced -696 |
| CITIGROUP INC 0.00% of their portfolio | 81.4k $2.1m | Added +16 |
| BARCLAYS PLC 0.00% of their portfolio | 76.1k $2.0m | Added +189 |
| Amundi 0.00% of their portfolio | 76.0k $2.0m | Added +12.4k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 74.9k $2.0m | Reduced -232.2k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 74.2k $1.9m | Added +3.5k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 73.9k $1.9m | Added +9.9k |
| GUGGENHEIM CAPITAL LLC 0.01% of their portfolio | 71.2k $1.9m | Reduced -81.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 70.4k $1.8m | Added +4.4k |
| Ilmarinen Mutual Pension Insurance Co 0.02% of their portfolio | 70.0k $1.8m | Unchanged |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 68.8k $1.8m | New |
| Swiss Life Asset Management Ltd 0.02% of their portfolio | 67.7k $1.8m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 64.3k $1.7m | Reduced -3.2k |
| STRS OHIO 0.01% of their portfolio | 62.7k $1.6m | Reduced -61.0k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 62.4k $1.6m | Added +3.6k |
| Illinois Municipal Retirement Fund 0.02% of their portfolio | 59.2k $1.6m | Reduced -841 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 59.1k $1.6m | Added +2.0k |
| UniSuper Management Pty Ltd 0.01% of their portfolio | 58.8k $1.5m | Reduced -800 |
| NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 58.6k $1.5m | Added +7.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 57.7k $1.5m | Reduced -135.1k |
| BOKF, NA 0.03% of their portfolio | 57.3k $1.5m | Reduced -4.1k |