HUBBELL INC HUBB
COM · Common Stock · CUSIP 443510607 · ISIN US4435106079
Electric and electronic products manufacturer
- SectorTechnology
- IndustryElectronic Components & Accessories
- HeadquartersShelton, CT
- Founded1888
- Websitehubbell.com
- 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 ($33.9m this quarter). Holder counts are more reliable. Shares outstanding: 53.7m as of 2024-10-24, 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 ≈ $359.83. Options: 10 managers hold calls ($70.7m notional), 16 hold puts ($47.8m).
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 498 |
| Q4 2022 | 592 |
| Q1 2023 | 583 |
| Q2 2023 | 669 |
| Q3 2023 | 680 |
| Q4 2023 | 730 |
| Q1 2024 | 783 |
| Q2 2024 | 789 |
| Q3 2024 | 801 |
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 | 288 | 216 |
| Q1 2023 | 243 | 280 |
| Q2 2023 | 291 | 294 |
| Q3 2023 | 290 | 296 |
| Q4 2023 | 308 | 340 |
| Q1 2024 | 370 | 333 |
| Q2 2024 | 379 | 354 |
| Q3 2024 | 377 | 351 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $13.2m | $10.5m | 0.79 |
| Q1 2024 | $120.3m | $24.3m | 0.20 |
| Q2 2024 | $124.7m | $23.1m | 0.19 |
| Q3 2024 | $70.7m | $47.8m | 0.68 |
Biggest buyers
| MIZUHO SECURITIES USA LLC | Added | +8.0m |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | Added | +1.9m |
| Bank of New York Mellon Corp | Added | +661.2k |
| DEUTSCHE BANK AG\ | Added | +384.6k |
| Impax Asset Management Group plc | Added | +279.7k |
| MILLENNIUM MANAGEMENT LLC | Added | +203.6k |
| Zurcher Kantonalbank (Zurich Cantonalbank) | Added | +168.4k |
| Cartenna Capital, LP | New | +142.0k |
| Amundi | Added | +129.9k |
| LGT CAPITAL PARTNERS LTD. | New | +92.7k |
Biggest sellers
| Point72 Asset Management, L.P. | Sold out | -269.8k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -216.2k |
| Bain Capital Public Equity Management II, LLC | Sold out | -213.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Reduced | -141.8k |
| Qube Research & Technologies Ltd | Sold out | -124.5k |
| FIRST TRUST ADVISORS LP | Reduced | -120.5k |
| JANE STREET GROUP, LLC | Reduced | -116.6k |
| AXA S.A. | Reduced | -92.2k |
| Balyasny Asset Management L.P. | Reduced | -92.1k |
| WESTFIELD CAPITAL MANAGEMENT CO LP | Reduced | -73.9k |
Biggest calls
| SCOPUS ASSET MANAGEMENT, L.P. | Reduced | $25.7m60.0k shares |
| PEAK6 Investments LLC | Unchanged | $19.3m45.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.3m24.0k shares |
| JANE STREET GROUP, LLC | Reduced | $6.5m15.2k shares |
| CITADEL ADVISORS LLC | Reduced | $5.1m11.9k shares |
| Cubist Systematic Strategies, LLC | Reduced | $2.2m5.2k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.2m2.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $299.0k700 shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | New | $128.5k300 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $12.4m29.0k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | New | $8.6m20.0k shares |
| SIMPLEX TRADING, LLC | Added | $5.3m12.4k shares |
| CITADEL ADVISORS LLC | Added | $5.0m11.7k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $4.3m10.0k shares |
| UBS Group AG | New | $2.9m6.8k shares |
| WOLVERINE TRADING, LLC | Added | $2.8m6.6k shares |
| Twin Tree Management, LP | New | $1.9m4.5k shares |
| PEAK6 Investments LLC | Added | $1.5m3.6k shares |
| Cubist Systematic Strategies, LLC | Reduced | $1.2m2.7k 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
| BlackRock, Inc. 13G · institution filed 2025-04-24 | 7.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC), Bank of New York Mellon Corp (4.1%, 2026-01-29)
Insider purchases and sales in Q3 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 |
|---|---|---|---|---|---|
| Q4 2022 | 0 | — | 1 | $4.5m | — |
| Q1 2023 | 0 | — | 1 | $2.3m | — |
| Q2 2023 | 0 | — | 1 | $153.0k | — |
| Q3 2023 | 0 | — | 3 | $3.8m | — |
| Q4 2023 | 0 | — | 1 | $543.1k | — |
| Q1 2024 | 0 | — | 5 | $12.1m | — |
| Q2 2024 | 2 | $246.1k | 2 | $1.4m | — |
| Q3 2024 | 0 | — | 2 | $6.0m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-08-09 | Bakker Gerben Chairman, President & CEO, director | Sold | $5.9m15.7k shares |
| 2024-08-06 | CARDOSO CARLOS M Director | Sold | $164.0k450 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 2024
| Manager | Shares | Change |
|---|---|---|
| MIZUHO SECURITIES USA LLC 0.18% of their portfolio | 8.0m $16.5m | Added +8.0m |
| VANGUARD GROUP INC 0.05% of their portfolio | 6.6m $2.8bn | Added +31.8k |
| BlackRock, Inc. 0.05% of their portfolio | 5.2m $2.2bn | First filing |
| JPMORGAN CHASE & CO 0.06% of their portfolio | 3.6m $1.5bn | Reduced -21.0k |
| Bank of New York Mellon Corp 0.21% of their portfolio | 2.7m $1.2bn | Added +661.2k |
| FMR LLC 0.06% of their portfolio | 2.3m $981.8m | Reduced -53.1k |
| STATE STREET CORP 0.04% of their portfolio | 2.1m $896.2m | Added +22.5k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 1.9m $4.5k | Added +1.9m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.08% of their portfolio | 1.6m $705.9m | Reduced -40.2k |
| Invesco Ltd. 0.12% of their portfolio | 1.5m $626.5m | Reduced -35.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.18% of their portfolio | 1.4m $607.2m | Added +82.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 1.3m $535.7m | Added +8.3k |
| Impax Asset Management Group plc 2.03% of their portfolio | 1.2m $514.4m | Added +279.7k |
| FIL Ltd 0.45% of their portfolio | 1.2m $498.1m | Added +13.4k |
| Nuveen Asset Management, LLC 0.12% of their portfolio | 1.0m $429.3m | Added +24.7k |
| DEUTSCHE BANK AG\ 0.15% of their portfolio | 873.3k $374.1m | Added +384.6k |
| Artisan Partners Limited Partnership 0.37% of their portfolio | 576.6k $247.0m | Added +5.5k |
| MORGAN STANLEY 0.02% of their portfolio | 566.6k $242.7m | Added +13.9k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 501.0k $214.6m | Added +49.1k |
| NORGES BANK 0.03% of their portfolio | 467.1k $200.1m | Reduced -51.5k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 445.2k $190.7m | Reduced -26.9k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.29% of their portfolio | 378.0k $161.9m | Reduced -216.2k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.36% of their portfolio | 373.9k $160.2m | Added +9.7k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 373.6k $160.0m | Reduced -2.9k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 361.1k $154.7m | Added +9.2k |
| FIRST TRUST ADVISORS LP 0.15% of their portfolio | 358.3k $153.5m | Reduced -120.5k |
| PNC Financial Services Group, Inc. 0.09% of their portfolio | 346.8k $148.5m | Reduced -9.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.13% of their portfolio | 316.6k $135.6m | Reduced -12.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 302.9k $129.7m | Reduced -141.8k |
| Boston Trust Walden Corp 0.89% of their portfolio | 299.1k $128.1m | Reduced -42.4k |
| UNITED BANK 14.30% of their portfolio | 286.8k $122.9m | Unchanged |
| Legal & General Group Plc 0.03% of their portfolio | 277.0k $118.6m | Added +5.7k |
| WESTWOOD HOLDINGS GROUP INC 0.49% of their portfolio | 273.2k $117.0m | Added +3.3k |
| Amundi 0.04% of their portfolio | 243.0k $105.6m | Added +129.9k |
| MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio | 242.6k $103.9m | Added +203.6k |
| Aberdeen Group plc 0.19% of their portfolio | 237.5k $101.9m | Added +18.8k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.29% of their portfolio | 231.1k $99.0m | Added +168.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio | 229.2k $98.2m | Added +15.2k |
| BANK OF MONTREAL /CAN/ 0.04% of their portfolio | 225.8k $96.8m | Reduced -3.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 222.6k $95.4m | Reduced -25.0k |
| AVIVA PLC 0.24% of their portfolio | 220.4k $94.4m | Added +4.2k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.57% of their portfolio | 217.7k $93.2m | Added +17 |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 186.7k $80.0m | Added +56.1k |
| BESSEMER GROUP INC 0.13% of their portfolio | 183.7k $78.7m | Reduced -40.5k |
| Ceredex Value Advisors LLC 1.53% of their portfolio | 183.1k $78.4m | Reduced -21.6k |
| STOREBRAND ASSET MANAGEMENT AS 0.24% of their portfolio | 178.7k $76.5m | Reduced -3.0k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.33% of their portfolio | 169.9k $72.8m | Reduced -73.9k |
| Swiss National Bank 0.04% of their portfolio | 159.3k $68.2m | Added +500 |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 153.0k $65.5m | Reduced -16.0k |
| UBS Group AG 0.02% of their portfolio | 150.8k $64.6m | Added +37.5k |
| OLD REPUBLIC INTERNATIONAL CORP 2.38% of their portfolio | 148.0k $63.4m | Unchanged |
| MACQUARIE GROUP LTD 0.07% of their portfolio | 146.0k $62.5m | Added +55.0k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 143.8k $61.6m | Reduced -9.8k |
| HM PAYSON & CO 1.05% of their portfolio | 142.5k $61.0m | Added +66.8k |
| Bahl & Gaynor LLC 0.31% of their portfolio | 142.4k $61.0m | Added +2.7k |
| Cartenna Capital, LP 4.83% of their portfolio | 142.0k $60.8m | New |
| REGIONS FINANCIAL CORP 0.44% of their portfolio | 141.4k $60.6m | Reduced -2.3k |
| CIBC Private Wealth Group LLC 0.10% of their portfolio | 129.1k $55.3m | Added +220 |
| Fiera Capital Corp 0.16% of their portfolio | 127.5k $54.6m | Reduced -4.3k |
| Stephens Investment Management Group LLC 0.73% of their portfolio | 125.8k $53.9m | Added +45.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.06% of their portfolio | 124.0k $53.2m | Added +1.4k |
| Sandhill Capital Partners LLC 3.76% of their portfolio | 123.2k $52.8m | Added +21.7k |
| ANCHOR CAPITAL ADVISORS LLC 1.36% of their portfolio | 119.8k $51.3m | Reduced -1.9k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 117.1k $50.2m | Added +15.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 116.6k $50.0m | Reduced -135 |
| BARCLAYS PLC 0.02% of their portfolio | 103.4k $44.3m | Reduced -3.0k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 99.4k $45.8m | Added +24.5k |
| Covea Finance 1.86% of their portfolio | 99.2k $42.5m | Added +64.7k |
| DekaBank Deutsche Girozentrale 0.08% of their portfolio | 99.2k $42.1m | Reduced -12.5k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 98.8k $42.3m | Reduced -6.8k |
| JOHNSON INVESTMENT COUNSEL INC 0.41% of their portfolio | 96.8k $41.5m | Reduced -6.6k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 96.3k $41.2m | Added +10.8k |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 96.1k $41.2m | Reduced -15.3k |
| SEI INVESTMENTS CO 0.05% of their portfolio | 96.0k $41.1m | Added +16.8k |
| California Public Employees Retirement System 0.03% of their portfolio | 94.7k $40.6m | Reduced -4.3k |
| FEDERATED HERMES, INC. 0.09% of their portfolio | 93.1k $39.9m | Reduced -148 |
| LGT CAPITAL PARTNERS LTD. 1.38% of their portfolio | 92.7k $39.7m | New |
| Guinness Asset Management LTD 0.73% of their portfolio | 89.8k $38.5m | Reduced -8.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 80.6k $34.5m | Reduced -1.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 79.8k $34.2m | Added +10.3k |
| National Pension Service 0.03% of their portfolio | 79.0k $33.8m | Reduced -14.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio | 77.8k $33.3m | Reduced -12.2k |
| SCOUT INVESTMENTS, INC. 0.92% of their portfolio | 76.8k $35.1m | Reduced -17.2k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 75.4k $32.3m | Added +3.2k |
| TORTOISE CAPITAL ADVISORS, L.L.C. 0.40% of their portfolio | 73.1k $31.3m | Added +2.8k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 72.1k $30.9m | Added +172 |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.10% of their portfolio | 71.7k $30.7m | Added +13.0k |
| AXA S.A. 0.09% of their portfolio | 71.5k $30.6m | Reduced -92.2k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.27% of their portfolio | 71.3k $30.5m | Added +6.9k |
| Alyeska Investment Group, L.P. 0.15% of their portfolio | 66.5k $28.5m | Added +26.2k |
| Smith Group Asset Management, LLC 2.34% of their portfolio | 66.0k $28.3m | Added +1.2k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 65.3k $28.0m | Added +4.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 64.9k $27.8m | Added +5.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio | 62.8k $26.9m | Added +48.3k |
| Granite Investment Partners, LLC 1.14% of their portfolio | 62.3k $26.7m | Added +136 |
| Northwest & Ethical Investments L.P. 0.70% of their portfolio | 62.2k $26.7m | Reduced -112 |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 60.6k $26.0m | Added +931 |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio | 59.8k $25.6m | Reduced -2.0k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 59.3k $25.4m | Added +33.9k |
| Formuepleje A/S 1.29% of their portfolio | 59.0k $25.3m | Added +22.6k |