HASINYSEInvestors, NECFiscal year ends December 31
HA Sustainable Infrastructure Capital, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$35.66−0.76 (-2.09%)
Close on Oct 19, 2026
- Market cap
- $5.10B
- P/E (TTM)
- 62.6
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
132M of 128M shares
Institutional holders
405
57 new, 31 sold out
Net institutional buying
5M
In Q2 2026
Insider trades, 12 months
0 buys · 2 sales
Net sold $5.27M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Vanguard Portfolio Management | 7,786,214 | 6.07% | 13G (passive) | Mar 31, 2026 |
| Vanguard Capital Management | 6,671,197 | 5.20% | 13G (passive) | Mar 31, 2026 |
| T. Rowe Price Investment Management, Inc. | 6,604,443 | 5.20% | 13G (passive) | Dec 31, 2025 |
| BlackRock, Inc. | 17,716,783 | 14.60% | 13G (passive) amendment | Jun 30, 2025 |
| Wellington Group Holdings LLP | 13,053,214 | 10.30% | 13G (passive) amendment | Dec 31, 2025 |
| Wellington Management Company LLP | 10,008,237 | 6.80% | 13G (passive) amendment | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of HASI | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 21,357,545 | 16.62% | $834.01M | +1,248,462 | 0.01% |
| Wellington Management Group Llp | 9,778,291 | 7.61% | $381.84M | −1,610,320 | 0.07% |
| Vanguard Portfolio Management LLC | 7,905,349 | 6.15% | $308.70M | +167,178 | 0.01% |
| T. Rowe Price Investment Management, Inc. | 6,668,469 | 5.19% | $260.40K | −177,089 | 0.17% |
| Vanguard Capital Management LLC | 5,773,860 | 4.49% | $225.47M | +75,961 | 0.00% |
| State Street Corp | 5,733,734 | 4.46% | $223.90M | +335,288 | 0.01% |
| Alliancebernstein L.P. | 4,564,467 | 3.55% | $167.74M | −10,513 | 0.06% |
| JPMorgan Chase & Co | 4,475,858 | 3.48% | $174.56M | +521,369 | 0.01% |
| Geode Capital Management, LLC | 3,697,531 | 2.88% | $144.41M | +606,318 | 0.01% |
| Invesco Ltd. | 2,850,145 | 2.22% | $111.30M | +152,941 | 0.01% |
| Amundi | 2,388,998 | 1.86% | $93.39M | −33,221 | 0.02% |
| Morgan Stanley | 2,330,143 | 1.81% | $90.99M | +286,485 | 0.00% |
| FMR LLC | 2,046,349 | 1.59% | $79.91M | −149,374 | 0.00% |
| Northern Trust Corp | 1,794,313 | 1.40% | $70.07M | +217,001 | 0.01% |
| Norges Bank | 1,736,932 | 1.35% | $67.83M | New | 0.01% |
| Rockefeller Capital Management L.P. | 1,688,146 | 1.31% | $65.92M | +62,382 | 0.10% |
| Goldman Sachs Group Inc | 1,683,129 | 1.31% | $65.73M | −76,500 | 0.01% |
| Schroder Investment Management Group | 1,662,808 | 1.29% | $64.77M | −350,662 | 0.05% |
| Erste Asset Management GmbH | 1,611,218 | 1.25% | $63.00M | −585,925 | 0.49% |
| Swedbank AB | 1,591,618 | 1.24% | $62.15M | +500,090 | 0.05% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 405 | 132M | 100.0% | 57 / 155 | 115 / 31 | 12M | 7M |
| Q1 2026 | 387 | 127M | 98.7% | 53 / 137 | 122 / 33 | 24M | 11M |
| Q4 2025 | 373 | 128M | 99.8% | 57 / 139 | 116 / 36 | 13M | 13M |
| Q3 2025 | 356 | 128M | 99.7% | 47 / 123 | 124 / 38 | 10M | 8M |
| Q2 2025 | 352 | 127M | 98.5% | 35 / 154 | 111 / 42 | 13M | 10M |
| Q1 2025 | 361 | 125M | 97.0% | 57 / 118 | 125 / 34 | 10M | 6M |
| Q4 2024 | 343 | 124M | 96.6% | 43 / 146 | 114 / 65 | 15M | 6M |
| Q3 2024 | 372 | 116M | 90.3% | 57 / 134 | 126 / 47 | 26M | 6M |
| Q2 2024 | 365 | 114M | 88.4% | 57 / 124 | 126 / 34 | 8M | 12M |
| Q1 2024 | 345 | 118M | 91.8% | 41 / 135 | 115 / 37 | 9M | 6M |
| Q4 2023 | 345 | 116M | 90.4% | 59 / 121 | 116 / 37 | 13M | 12M |
| Q3 2023 | 325 | 115M | 89.4% | 54 / 146 | 75 / 48 | 25M | 8M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of HASI | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 7,699,524 | 5.99% | $300.67M | 0.27% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 4,075,665 | 3.17% | $159.15M | 0.01% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 3,312,615 | 2.58% | $129.36M | 0.16% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 2,946,522 | 2.29% | $115.06M | 0.06% | Jun 30, 2026 |
| T. Rowe Price Small-Cap Value Fund, Inc. | 2,546,411 | 1.98% | $99.44M | 0.94% | Jun 30, 2026 |
| Vanguard Explorer Fund | 2,266,600 | 1.76% | $85.84M | 0.39% | Jul 31, 2026 |
| Invesco Solar ETF | 1,935,589 | 1.51% | $79.36M | 3.46% | May 31, 2026 |
| Vanguard Small-Cap Value Index Fund | 1,865,839 | 1.45% | $72.86M | 0.11% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 1,464,864 | 1.14% | $57.20M | 0.06% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 1,411,931 | 1.10% | $53.47M | 0.16% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 1,217,858 | 0.95% | $47.56M | 0.33% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 1,170,640 | 0.91% | $45.71M | 0.27% | Jun 30, 2026 |
| Vanguard Global Equity Fund | 1,092,159 | 0.85% | $42.65M | 0.56% | Jun 30, 2026 |
| Hood River Small-Cap Growth Fund | 864,096 | 0.67% | $33.74M | 0.51% | Jun 30, 2026 |
| T. Rowe Price Small-Cap Stock Fund, Inc. | 829,215 | 0.65% | $32.38M | 0.35% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Ann Marie Reynolds | Co-Chief Investment Officer | 2 | 0.00% | May 22, 2026 |
| Amanuel Haile-Mariam | Co-Chief Investment Officer | 6,496 | 0.01% | May 22, 2026 |
| Daniela Shapiro | Co-Chief Risk Officer | – | – | May 22, 2026 |
| Michelle Whicher | Chief Accounting Officer | 19,084 | 0.01% | May 18, 2026 |
| Marc T. Pangburn | Chief Rev And Strategy Officer | 56,791 | 0.04% | May 12, 2026 |
| Christy Ledet Freer-Greene | Chief Legal Officer | – | – | May 1, 2026 |
| Amin A. Viral | EVP, Chief Risk Officer | 4,078 | 0.00% | Mar 6, 2026 |
| Susan D. Nickey | EVP and Chief Client Officer | 60,859 | 0.05% | Mar 4, 2026 |
| Charles Melko | CFO & Treasurer | 22,563 | 0.02% | Mar 4, 2026 |
| Jeffrey Lipson | Chief Executive Officer | 36,925 | 0.03% | Mar 4, 2026 |
| Nitya Gopalakrishnan | Chief Operating Officer | – | – | Mar 4, 2026 |
| Steven Chuslo | EVP AND CHIEF LEGAL OFFICER | 231,261 | 0.18% | Mar 3, 2025 |
| Kimberly A. Reed | Director | – | – | Jun 5, 2026 |
| Nancy C. Floyd | Director | 2,703 | 0.00% | Jun 5, 2026 |
| Clarence D. Armbrister | Director | 1,135 | 0.00% | Jun 5, 2026 |
| Jeffrey Eckel | Director | 361,270 | 0.28% | Jun 5, 2026 |
| Teresa Brenner | Director | 10,360 | 0.01% | Jun 5, 2026 |
| Laura Ann Schulte | Director | – | – | Jun 5, 2026 |
| Steven G. Osgood | Director | 29,281 | 0.02% | Jun 5, 2026 |
| Barry Edward Welch | Director | – | – | Jun 5, 2026 |
| Lizabeth A. Ardisana | Director | 1,862 | 0.00% | Jun 5, 2026 |
| Richard J. Osborne | Director | 36,645 | 0.03% | Jun 6, 2025 |
| Charles O'Neil | Director | 45,826 | 0.04% | Jun 6, 2025 |
| Nathaniel Rose | – | 151,164 | 0.12% | Mar 3, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Michelle Whicher Chief Accounting Officer | May 15, 2026 | Tax withholding | −961 | $41.19 | $39.58K | 19,084 |
| Amin A. Viral EVP, Chief Risk Officer | Mar 5, 2026 | Tax withholding | −679 | $36.43 | $24.74K | 4,078 |
| Michelle Whicher Chief Accounting Officer | Mar 5, 2026 | Tax withholding | −2,238 | $36.43 | $81.53K | 20,045 |
| Jeffrey Eckel Director | Feb 17, 2026 | Sale | −124,998 | $39.22 | $4.90M | 330,171 |
| Jeffrey Eckel Director | Feb 17, 2026 | Sale | −9,400 | $39.34 | $369.80K | 9,050 |
| Michelle Whicher Chief Accounting Officer | May 15, 2025 | Tax withholding | −629 | $28.35 | $17.83K | 23,648 |
| Teresa Brenner Director | Mar 24, 2025 | Gift | −2,000 | – | – | 10,360 |
| Amin A. Viral EVP, Chief Risk Officer | Mar 5, 2025 | Tax withholding | −679 | $28.53 | $19.37K | 4,757 |
| Michelle Whicher Chief Accounting Officer | Mar 5, 2025 | Tax withholding | −669 | $28.53 | $19.09K | 24,277 |
| Amin A. Viral EVP, Chief Risk Officer | Nov 15, 2024 | Tax withholding | −679 | $27.22 | $18.48K | 5,436 |
| Marc T. Pangburn Chief Financial Officer | Nov 11, 2024 | Buy | +3,500 | $28.71 | $100.49K | 56,791 |
| Jeffrey Eckel Executive Chair, Director | Sep 16, 2024 | Sale | −36,330 | $34.75 | $1.26M | 436,719 |
| Jeffrey Eckel Executive Chair, Director | Sep 16, 2024 | Other | +18,450 | – | – | 455,169 |
| Jeffrey Eckel Executive Chair, Director | Sep 16, 2024 | Other | −18,450 | – | – | 18,450 |
| Jeffrey Eckel Executive Chair, Director | Sep 13, 2024 | Sale | −109,670 | $34.92 | $3.83M | 473,049 |
| Nathaniel Rose EVP & CIO | Sep 11, 2024 | Gift | −5,000 | – | – | 148,164 |
| Nathaniel Rose EVP & CIO | Sep 11, 2024 | Sale | −10,000 | $33.50 | $335.00K | 153,164 |
| Jeffrey Eckel Executive Chair, Director | Feb 20, 2024 | Other | −32,825 | – | – | 34,836 |
| Jeffrey Eckel Executive Chair, Director | Feb 20, 2024 | Gift | −34,836 | – | – | 0 |
| Jeffrey Eckel Executive Chair, Director | Feb 20, 2024 | Other | +32,825 | – | – | 582,719 |
| Clarence D. Armbrister Director | Nov 20, 2023 | Buy | +420 | $23.99 | $10.08K | 420 |
| Richard J. Osborne Director | Aug 21, 2023 | Buy | +1,000 | $19.66 | $19.66K | 36,645 |
| Jeffrey Eckel Executive Chair, Director | Aug 21, 2023 | Buy | +2,525 | $19.76 | $49.89K | 19,162 |
| Jeffrey Eckel Executive Chair, Director | Aug 21, 2023 | Buy | +351 | $19.75 | $6.93K | 2,887 |
| Richard Santoroski EVP and Chief Risk Officer | Aug 21, 2023 | Buy | +2,500 | $20.46 | $51.15K | 2,500 |
| Marc T. Pangburn Chief Financial Officer | Aug 21, 2023 | Buy | +5,000 | $21.09 | $105.45K | 53,291 |
| Jeffrey Lipson Chief Executive Officer | Aug 21, 2023 | Buy | +4,000 | $21.09 | $84.36K | 36,925 |
| Teresa Brenner Director | Aug 21, 2023 | Buy | +1,000 | $20.83 | $20.83K | 12,360 |
| Steven Chuslo EVP AND CHIEF LEGAL OFFICER | Aug 18, 2023 | Buy | +5,000 | $20.93 | $104.65K | 226,561 |
| Nathaniel Rose EVP & CIO | Aug 18, 2023 | Buy | +5,000 | $21.01 | $105.05K | 163,164 |
| Charles Melko CAO & Treasurer | Aug 18, 2023 | Buy | +2,000 | $21.24 | $42.48K | 22,563 |
| Daniel K. McMahon EVP | Aug 18, 2023 | Buy | +5,000 | $21.19 | $105.95K | 118,625 |
| Daniel K. McMahon EVP | Aug 18, 2023 | Buy | +5,000 | $21.18 | $105.90K | 113,625 |
| Nathaniel Rose EVP & CIO | Mar 16, 2023 | Buy | +10,000 | $24.10 | $241.00K | 158,164 |
| Susan D. Nickey EVP and Chief Client Officer | Mar 16, 2023 | Buy | +2,000 | $23.91 | $47.82K | 58,245 |
| Marc T. Pangburn Chief Financial Officer | Mar 16, 2023 | Buy | +3,000 | $24.12 | $72.36K | 48,291 |
| Jeffrey Lipson Chief Executive Officer | Mar 16, 2023 | Buy | +3,000 | $24.36 | $73.08K | 32,925 |
| Jeffrey Eckel Executive Chair, Director | Mar 16, 2023 | Buy | +2,087 | $23.92 | $49.92K | 549,894 |
| Marc T. Pangburn Chief Financial Officer | Mar 5, 2023 | Tax withholding | −6,280 | $31.18 | $195.81K | 45,291 |
| Jeffrey Lipson Chief Executive Officer | Mar 5, 2023 | Tax withholding | −1,812 | $31.18 | $56.50K | 29,925 |
| Susan D. Nickey EVP and Chief Client Officer | Mar 5, 2023 | Tax withholding | −6,280 | $31.18 | $195.81K | 56,245 |
| Charles Melko CAO & Treasurer | Mar 5, 2023 | Tax withholding | −4,330 | $31.18 | $135.01K | 20,563 |
| Steven G. Osgood Director | Nov 10, 2022 | Buy | +1,000 | $32.10 | $32.10K | 29,281 |
| Lizabeth A. Ardisana Director | Nov 10, 2022 | Buy | +825 | $30.80 | $25.41K | 825 |
| Jeffrey Lipson Chief Financial Officer | Nov 9, 2022 | Buy | +1,000 | $29.25 | $29.25K | 31,737 |
| Nathaniel Rose EVP & CIO | Nov 9, 2022 | Buy | +7,000 | $28.90 | $202.30K | 148,164 |
| Nathaniel Rose EVP & CIO | Nov 9, 2022 | Buy | +3,000 | $29.03 | $87.09K | 3,000 |
| Richard J. Osborne Director | Nov 9, 2022 | Buy | +1,000 | $28.58 | $28.58K | 35,645 |
| Marc T. Pangburn EVP and Co-CIO | Nov 9, 2022 | Buy | +2,500 | $28.85 | $72.13K | 51,571 |
| Jeffrey Eckel President and CEO, Director | Nov 9, 2022 | Buy | +10,000 | $29.26 | $292.60K | 547,807 |
| Marc T. Pangburn EVP and Co-CIO | Aug 25, 2022 | Buy | +2,500 | $39.95 | $99.88K | 49,071 |
| Jeffrey Eckel President and CEO, Director | Aug 12, 2022 | Buy | +2,300 | $43.75 | $100.63K | 537,807 |
| Jeffrey Lipson Chief Financial Officer | May 15, 2022 | Tax withholding | −6,534 | $37.53 | $245.22K | 27,737 |
| Jeffrey Lipson Chief Financial Officer | May 13, 2022 | Buy | +3,000 | $37.18 | $111.54K | 30,737 |
| Jeffrey Eckel President and CEO, Director | May 13, 2022 | Buy | +2,668 | $37.41 | $99.81K | 535,507 |
| Susan D. Nickey EVP and Chief Client Officer | Mar 7, 2022 | Tax withholding | −3,963 | $49.09 | $194.54K | 65,139 |
| Marc T. Pangburn EVP and Co-CIO | Mar 7, 2022 | Tax withholding | −3,750 | $49.09 | $184.09K | 46,571 |
| Charles Melko Chief Accounting Officer | Mar 7, 2022 | Tax withholding | −2,362 | $49.09 | $115.95K | 24,893 |
| Jeffrey Lipson Chief Financial Officer | Mar 7, 2022 | Tax withholding | −1,810 | $49.09 | $88.85K | 34,271 |
| Marc T. Pangburn EVP and Co-CIO | Feb 22, 2022 | Sale | −4,700 | $43.27 | $203.37K | 50,271 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| W. Eckel Revocable Trust Jeffrey Director | Feb 17, 2026 | 124,998 | $4.90M | Feb 17, 2026 | Performance Stock Units |
| Kuhn Eckel Kristyn Affiliate | Feb 17, 2026 | 9,400 | $369.79K | Feb 17, 2026 | Performance Stock Units |
| W. Eckel Revocable Trust Jeffrey Officer, Director | Sep 13, 2024 | 146,000 | $5.10M | Sep 13, 2024 | Performance Stock Units |
| Daniel K. McMahon Former Officer | May 30, 2024 | 10,000 | $319.34K | May 14, 2024 | Grant |