Vault-13

HOWARD HUGHES CORP HHC

COM · Common Stock · CUSIP 44267D107 · ISIN US44267D1072

243 institutional holders -4 vs Q3 2022
47,705,03347.7m shares reported held*
$3.6bnreported value*
36 new 74 added 81 reduced 39 sold out net bought ≈ $64.8m (+847.8k shares)

* 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 ($2.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $76.36. Options: 5 managers hold calls ($2.2m notional), 3 hold puts ($3.3m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 247Q4 22: 243243Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022247
Q4 2022243

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3m$4mQ3 22 calls: $2.1mQ3 22 puts: $1.4mQ3 22P/C 0.68Q4 22 calls: $2.2mQ4 22 puts: $3.3mQ4 22P/C 1.46
Numbers
QuarterCallsPutsP/C
Q3 2022$2.1m$1.4m0.68
Q4 2022$2.2m$3.3m1.46

Biggest buyers

Pershing Square Capital Management, L.P. Added +2,274,971+2.3m
JENNISON ASSOCIATES LLC Added +208,330+208.3k
AMERICAN CENTURY COMPANIES INC Added +135,324+135.3k
NATIXIS New +128,400+128.4k
HSBC HOLDINGS PLC Added +112,112+112.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +109,172+109.2k
MORGAN STANLEY Added +104,142+104.1k
SG Americas Securities, LLC Added +95,056+95.1k
VICTORY CAPITAL MANAGEMENT INC Added +84,577+84.6k
Quinn Opportunity Partners LLC Added +69,140+69.1k

Biggest sellers

ZEKE CAPITAL ADVISORS, LLC Sold out -615,954-616.0k
CARDINAL CAPITAL MANAGEMENT LLC /CT Sold out -541,409-541.4k
JPMORGAN CHASE & CO Reduced -314,253-314.3k
FIDUCIARY MANAGEMENT INC /WI/ Sold out -157,431-157.4k
Assenagon Asset Management S.A. Sold out -107,114-107.1k
VANGUARD GROUP INC Reduced -97,901-97.9k
BAILLIE GIFFORD & CO Reduced -90,337-90.3k
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -89,810-89.8k
NORTHERN TRUST CORP Reduced -85,607-85.6k
Invenomic Capital Management LP Sold out -75,762-75.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.2m15.4k shares
CITADEL ADVISORS LLC Added $466.2k6.1k shares
WOLVERINE TRADING, LLC Reduced $313.0k4.1k shares
SIMPLEX TRADING, LLC Reduced $282.0k3.7k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $2.8m36.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $496.7k6.5k shares
Cutler Group LLC / CA New $5.0k2.6k 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.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Pershing Square Capital Management, L.P. 13.83% of their portfolio New York, NY 15,895,13515.9m $1.2bn $1.2bn 13.83% Added +2.3m +2,274,971
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 5,173,1505.2m $395.3m $395.3m 0.01% Reduced -97.9k -97,901
3 BAILLIE GIFFORD & CO 0.23% of their portfolio EDINBURGH, X0 2,845,3602.8m $217.4m $217.4m 0.23% Reduced -90.3k -90,337
4 PRINCIPAL FINANCIAL GROUP INC 0.13% of their portfolio DES MOINES, IA 2,213,8252.2m $169.2m $169.2m 0.13% Reduced -59.9k -59,863
5 HARRIS ASSOCIATES L P 0.33% of their portfolio CHICAGO, IL 2,129,5782.1m $162.7m $162.7m 0.33% Added +5.1k +5,123
6 DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio AUSTIN, TX 1,814,4401.8m $138.7m $138.7m 0.05% Added +62.0k +61,975
7 BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.50% of their portfolio DALLAS, TX 1,731,0721.7m $132.3m $132.3m 0.50% Reduced -58.4k -58,369
8 BlackRock Inc. 0.00% of their portfolio New York, NY 1,722,3591.7m $131.6m $131.6m 0.00% Added +43.9k +43,918
9 NEW SOUTH CAPITAL MANAGEMENT INC 2.51% of their portfolio MEMPHIS, TN 714,524714.5k $54.6m $54.6m 2.51% Reduced -54.8k -54,842
10 HORIZON KINETICS ASSET MANAGEMENT LLC 0.80% of their portfolio NEW YORK, NY 634,188634.2k $48.5m $48.5m 0.80% Reduced -43.2k -43,248
11 DONALD SMITH & CO., INC. 1.87% of their portfolio NEW YORK, NY 625,758625.8k $47.8m $47.8m 1.87% Reduced -8.3k -8,297
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 581,503581.5k $44.4m $44.4m 0.00% Reduced -32.6k -32,648
13 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 551,795551.8k $42.2m $42.2m 0.01% Added +12.3k +12,298
14 Russell Investments Group, Ltd. 0.09% of their portfolio Seattle, WA 550,394550.4k $42.1m $42.1m 0.09% Reduced -13.5k -13,538
15 Brandywine Global Investment Management, LLC 0.31% of their portfolio PHILADELPHIA, PA 513,670513.7k $39.3m $39.3m 0.31% Added +48.3k +48,334
16 JENNISON ASSOCIATES LLC 0.04% of their portfolio NEW YORK, NY 498,440498.4k $38.1m $38.1m 0.04% Added +208.3k +208,330
17 PM CAPITAL Ltd 7.29% of their portfolio SYDNEY, C3 453,340453.3k $34.6m $34.6m 7.29% Unchanged
18 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 429,356429.4k $32.8m $32.8m 0.04% Added +44.3k +44,348
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 404,654404.7k $30.9m $30.9m 0.00% Added +104.1k +104,142
20 BEACH INVESTMENT COUNSEL INC/PA 3.78% of their portfolio WEST CONSHOHOCKEN, PA 396,585396.6k $30.3m $30.3m 3.78% Added +49.4k +49,353
21 Bernzott Capital Advisors 3.84% of their portfolio Camarillo, CA 388,439388.4k $29.7m $29.7m 3.84% Reduced -12.8k -12,834
22 NORGES BANK 0.01% of their portfolio OSLO, Q8 362,443362.4k $27.7m $27.7m 0.01% Added +10.2k +10,178
23 Clearbridge Investments, LLC 0.02% of their portfolio NEW YORK, NY 301,989302.0k $23.1m $23.1m 0.02% Unchanged
24 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 265,240265.2k $20.3m $20.3m 0.00% Reduced -89.8k -89,810
25 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 255,238255.2k $19.5m $19.5m 0.01% Reduced -1.2k -1,166
26 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 224,982225.0k $17.2m $17.2m 0.03% Added +109.2k +109,172
27 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 222,198222.2k $17.0m $17.0m 0.01% Added +135.3k +135,324
28 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 217,788217.8k $16.6m $16.6m 0.00% Reduced -9.9k -9,933
29 Motley Fool Wealth Management, LLC 1.14% of their portfolio ALEXANDRIA, VA 215,521215.5k $16.5m $16.5m 1.14% Reduced -20.3k -20,305
30 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 210,723210.7k $16.1m $16.1m 0.00% Reduced -85.6k -85,607
31 Quinn Opportunity Partners LLC 2.01% of their portfolio CHARLOTTESVILLE, VA 210,244210.2k $16.1m $16.1m 2.01% Added +69.1k +69,140
32 FIRST MANHATTAN CO. LLC. 0.06% of their portfolio NEW YORK, NY 197,443197.4k $15.1m $15.1m 0.06% Reduced -9.4k -9,367
33 SASCO CAPITAL INC / CT/ 1.85% of their portfolio FAIRFIELD, CT 190,300190.3k $14.5m $14.5m 1.85% Reduced -460 -460
34 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 188,964189.0k $14.4m $14.4m 0.00% Reduced -72.5k -72,508
35 Allianz Asset Management GmbH 0.03% of their portfolio MUNICH, 2M 180,000180.0k $13.8m $13.8m 0.03% Unchanged
36 Mitsubishi UFJ Trust & Banking Corp 0.03% of their portfolio TOKYO, M0 173,377173.4k $13.2m $13.2m 0.03% Reduced -9.2k -9,190
37 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 143,943143.9k $11.0m $11.0m 0.00% Added +4.1k +4,132
38 State of New Jersey Common Pension Fund D 0.04% of their portfolio TRENTON, NJ 142,347142.3k $10.9m $10.9m 0.04% Reduced -1.7k -1,707
39 PROSPECTOR PARTNERS LLC 1.47% of their portfolio GUILFORD, CT 139,586139.6k $10.7m $10.7m 1.47% Reduced -11.7k -11,719
40 NATIXIS 0.06% of their portfolio PARIS, I0 128,400128.4k $9.8m $9.8m 0.06% New
41 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 127,823127.8k $9.8m $9.8m 0.01% Reduced -14.6k -14,565
42 SG Americas Securities, LLC 0.14% of their portfolio NEW YORK, NY 125,602125.6k $9.6m $9.6m 0.14% Added +95.1k +95,056
43 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 120,195120.2k $9.1m $9.1m 0.01% Added +112.1k +112,112
44 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 110,263110.3k $8.4m $8.4m 0.00% Reduced -1.9k -1,864
45 Perpetual Investment Management Ltd 0.98% of their portfolio Sydney, C3 107,887107.9k $8.2m $8.2m 0.98% Added +18.6k +18,630
46 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 94,46594.5k $7.2m $7.2m 0.01% Reduced -4.5k -4,530
47 Swiss National Bank 0.00% of their portfolio ZURICH, V8 90,40090.4k $6.9m $6.9m 0.00% Reduced -900 -900
48 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 90,18890.2k $6.9m $6.9m 0.01% Added +84.6k +84,577
49 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 82,19482.2k $6.3m $6.3m 0.00% Reduced -314.3k -314,253
50 Atria Wealth Solutions, Inc. 0.09% of their portfolio NEW YORK, NY 73,57673.6k $5.6m $5.6m 0.09% Reduced -108 -108
51 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 73,16973.2k $5.6m $5.6m 0.00% Reduced -4.3k -4,275
52 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio COLUMBUS, OH 72,73572.7k $5.6m $5.6m 0.02% Reduced -11.7k -11,686
53 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 68,54468.5k $5.2m $5.2m 0.01% Added +22.3k +22,268
54 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 63,50063.5k $4.9m $4.9m 0.01% Added +53.7k +53,700
55 River Road Asset Management, LLC 0.07% of their portfolio LOUISVILLE, KY 62,92962.9k $4.8m $4.8m 0.07% New
56 Employees Retirement System of Texas 0.06% of their portfolio AUSTIN, TX 58,10058.1k $4.4m $4.4m 0.06% Unchanged
57 Roundview Capital LLC 0.49% of their portfolio PRINCETON, NJ 55,88955.9k $4.3m $4.3m 0.49% Added +1.3k +1,296
58 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 54,65054.6k $4.2m $4.2m 0.00% Reduced -1.7k -1,682
59 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 53,58453.6k $4.1m $4.1m 0.00% Added +6.1k +6,070
60 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 49,77949.8k $3.8m $3.8m 0.01% Added +37.7k +37,745
61 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 48,39348.4k $3.7m $3.7m 0.01% Added +460 +460
62 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 47,28147.3k $3.6m $3.6m 0.01% Reduced -411 -411
63 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 44,90844.9k $3.4m $3.4m 0.00% Added +2.8k +2,812
64 Ancora Advisors LLC 0.10% of their portfolio Cleveland, OH 43,63043.6k $3.3m $3.3m 0.10% Added +39.9k +39,920
65 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 43,50243.5k $3.3m $3.3m 0.00% Reduced -55 -55
66 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 40,19840.2k $3.1m $3.1m 0.00% Added +8.6k +8,628
67 Swedbank AB 0.01% of their portfolio STOCKHOLM, V7 40,00040.0k $3.1m $3.1m 0.01% Unchanged
68 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 38,96639.0k $3.0m $3.0m 0.01% Reduced -2.5k -2,472
69 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 38,44038.4k $2.9m $2.9m 0.00% Reduced -2.3k -2,258
70 JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio FLORHAM PARK, NJ 38,23438.2k $2.9m $2.9m 0.02% New
71 Redwood Investment Management, LLC 0.39% of their portfolio SCOTTSDALE, AZ 38,05938.1k $2.9m $2.9m 0.39% Reduced -8.6k -8,617
72 ROPES WEALTH ADVISORS LLC 0.52% of their portfolio BOSTON, MA 37,60237.6k $2.9m $2.9m 0.52% Unchanged
73 ACR Alpine Capital Research, LLC 0.13% of their portfolio ST. LOUIS, MO 36,78136.8k $2.8m $2.8m 0.13% Added +1.4k +1,403
74 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 35,60035.6k $2.7m $2.7m 0.01% New
75 Moody Aldrich Partners LLC 0.55% of their portfolio MARBLEHEAD, MA 35,24735.2k $2.7m $2.7m 0.55% Reduced -1.6k -1,633
76 Caisse de depot et placement du Quebec 0.01% of their portfolio Montreal, A8 35,00035.0k $2.7m $2.7m 0.01% New
77 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 34,63634.6k $2.6m $2.6m 0.01% Unchanged
78 Motley Fool Asset Management LLC 0.30% of their portfolio ALEXANDRIA, VA 34,52634.5k $2.6m $2.6m 0.30% Reduced -3.4k -3,443
79 Pinnacle Financial Partners Inc 0.08% of their portfolio Nashville, TN 34,21634.2k $2.6m $2.6m 0.08% Added +61 +61
80 PIN OAK INVESTMENT ADVISORS INC 3.18% of their portfolio HOUSTON, TX 33,70433.7k $2.6m $2.6m 3.18% Added +14.3k +14,307
81 PenderFund Capital Management Ltd. 1.01% of their portfolio VANCOUVER, A1 32,83432.8k $3.4k $3.4k 1.01% Reduced -4.5k -4,460
82 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 31,89531.9k $2.4m $2.4m 0.00% Added +3.6k +3,597
83 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 31,51031.5k $2.4m $2.4m 0.01% Reduced -33.0k -32,964
84 Legal & General Group Plc 0.00% of their portfolio London, X0 31,33731.3k $2.4m $2.4m 0.00% Reduced -757 -757
85 INDEPENDENT INVESTORS INC 0.65% of their portfolio NESCONSET, NY 30,68030.7k $2.3m $2.3m 0.65% Reduced -50 -50
86 BANK OF NOVA SCOTIA 0.01% of their portfolio TORONTO, A6 30,16930.2k $2.3m $2.3m 0.01% Added +7.4k +7,428
87 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 28,45928.5k $2.2m $2.2m 0.01% Added +12.1k +12,134
88 ExodusPoint Capital Management, LP 0.03% of their portfolio NEW YORK, NY 26,30426.3k $2.0m $2.0m 0.03% Reduced -2.2k -2,155
89 Trexquant Investment LP 0.06% of their portfolio STAMFORD, CT 25,57725.6k $2.0m $2.0m 0.06% Added +7.8k +7,836
90 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 24,90824.9k $1.9m $1.9m 0.00% First filing
91 UBS Group AG 0.00% of their portfolio ZURICH, V8 24,90724.9k $1.9m $1.9m 0.00% Reduced -12.7k -12,706
92 MADISON WEALTH MANAGEMENT 0.42% of their portfolio CINCINNATI, OH 24,18824.2k $1.8m $1.8m 0.42% Added +7.0k +7,045
93 Federation des caisses Desjardins du Quebec 0.02% of their portfolio LEVIS, A8 23,28423.3k $1.8m $1.8m 0.02% Unchanged
94 SeaBridge Investment Advisors LLC 0.59% of their portfolio SUMMIT, NJ 21,76921.8k $1.7m $1.7m 0.59% Reduced -204 -204
95 Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 0.33% of their portfolio FORT WORTH, TX 21,16521.2k $1.6m $1.6m 0.33% Added +4.7k +4,685
96 LDR Capital Management LLC 0.87% of their portfolio New York, NY 20,80220.8k $1.6m $1.6m 0.87% Reduced -1.2k -1,151
97 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 20,02520.0k $1.5m $1.5m 0.01% Added +7.8k +7,794
98 Gotham Asset Management, LLC 0.04% of their portfolio NEW YORK, NY 19,93419.9k $1.5m $1.5m 0.04% Added +6.4k +6,426
99 KARPAS STRATEGIES, LLC 0.53% of their portfolio LITCHFIELD, CT 19,78219.8k $1.5m $1.5m 0.53% Added +50 +50
100 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 19,52219.5k $1.5m $1.5m 0.00% Reduced -3.2k -3,225