HHHNYSEReal Estate Investment TrustsFiscal year ends December 31
Howard Hughes Holdings Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$66.70−1.99 (-2.90%)
Close on Oct 19, 2026
- Market cap
- $3.95B
- P/E (TTM)
- 13.5
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
90.6%
54M of 60M shares
Institutional holders
305
69 new, 50 sold out
Net institutional buying
20M
In Q2 2026
Insider trades, 12 months
4 buys · 4 sales
Net bought $497.09K
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 |
|---|---|---|---|---|
| Pershing Square Holdco GP, LLC | 27,852,064 | 46.90% | 13D (active) amendment | Aug 5, 2025 |
| Pershing Square Holdco, L.P. | 27,852,064 | 46.90% | 13D (active) amendment | Dec 17, 2025 |
| Pershing Square Partner Group, LLC | 27,852,064 | 46.70% | 13D (active) amendment | Apr 27, 2026 |
| William A. Ackman | 27,852,064 | 46.70% | 13D (active) amendment | Jun 4, 2026 |
| Pershing Square Capital Management, L.P. | 18,852,064 | 37.60% | 13D (active) amendment | Jan 13, 2025 |
| PS Holdco GP Managing Member, LLC | 18,852,064 | 37.40% | 13D (active) amendment | Apr 29, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of HHH | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Pershing Square Holdco, L.P. | 27,852,064 | 46.64% | $1.99B | +18,852,064 | 10.23% |
| Dimensional Fund Advisors LP | 2,924,854 | 4.90% | $209.10M | +102,332 | 0.04% |
| Vanguard Portfolio Management LLC | 2,621,581 | 4.39% | $187.42M | −386,159 | 0.01% |
| BlackRock, Inc. | 1,619,333 | 2.71% | $115.77M | +139,898 | 0.00% |
| Wells Fargo & Company/Mn | 1,494,168 | 2.50% | $106.82M | +23,790 | 0.02% |
| American Century Companies Inc | 1,425,232 | 2.39% | $101.89M | +185,899 | 0.05% |
| Vanguard Capital Management LLC | 1,361,727 | 2.28% | $97.35M | −287,925 | 0.00% |
| Donald Smith & Co., Inc. | 1,002,809 | 1.68% | $71.69M | −41,013 | 1.26% |
| Long Focus Capital Management, LLC | 733,695 | 1.23% | $52.45M | – | 1.34% |
| Flat Footed LLC | 620,418 | 1.04% | $44.35M | +405,130 | 3.39% |
| Geode Capital Management, LLC | 600,880 | 1.01% | $42.97M | +844 | 0.00% |
| Gotham Asset Management, LLC | 598,252 | 1.00% | $42.77M | +303,245 | 0.10% |
| State Street Corp | 585,843 | 0.98% | $41.88M | +13,091 | 0.00% |
| Franklin Resources Inc | 565,125 | 0.95% | $40.40M | +8,779 | 0.01% |
| River Road Asset Management, LLC | 492,052 | 0.82% | $35.18M | −18,335 | 0.39% |
| Morgan Stanley | 398,224 | 0.67% | $28.47M | +62,269 | 0.00% |
| Norges Bank | 365,617 | 0.61% | $26.14M | New | 0.00% |
| Citadel Advisors LLC | 334,562 | 0.56% | $23.92M | New | 0.00% |
| JCP Investment Management, LLC | 314,100 | 0.53% | $22.46M | +80,000 | 12.00% |
| UBS Group AG | 306,291 | 0.51% | $21.90M | +86,558 | 0.00% |
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 | 305 | 54M | 90.6% | 69 / 101 | 90 / 50 | 23M | 3M |
| Q1 2026 | 292 | 53M | 89.1% | 48 / 95 | 94 / 83 | 9M | 3M |
| Q4 2025 | 332 | 52M | 87.7% | 72 / 110 | 98 / 36 | 3M | 2M |
| Q3 2025 | 299 | 52M | 87.3% | 59 / 86 | 100 / 37 | 2M | 3M |
| Q2 2025 | 280 | 52M | 87.9% | 55 / 90 | 96 / 68 | 13M | 6M |
| Q1 2025 | 295 | 46M | 76.8% | 45 / 94 | 96 / 49 | 3M | 4M |
| Q4 2024 | 303 | 47M | 79.0% | 55 / 97 | 85 / 37 | 3M | 3M |
| Q3 2024 | 289 | 47M | 79.3% | 65 / 82 | 85 / 40 | 5M | 3M |
| Q2 2024 | 267 | 47M | 78.8% | 52 / 91 | 82 / 40 | 4M | 5M |
| Q1 2024 | 257 | 48M | 80.1% | 48 / 77 | 86 / 35 | 5M | 4M |
| Q4 2023 | 245 | 48M | 79.7% | 60 / 60 | 89 / 20 | 5M | 5M |
| Q3 2023 | 207 | 47M | 79.2% | 207 / 0 | 0 / 0 | 47M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of HHH | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Real Estate Index Fund | 1,191,178 | 1.99% | $76.14M | 0.10% | Jul 31, 2026 |
| Avantis U.S. Small Cap Value ETF | 1,190,664 | 1.99% | $75.43M | 0.28% | May 31, 2026 |
| Vanguard Total Stock Market Index Fund | 947,693 | 1.59% | $67.75M | 0.00% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 683,611 | 1.14% | $48.87M | 0.03% | Jun 30, 2026 |
| U.S. Small Cap Value Portfolio | 587,087 | 0.98% | $37.53M | 0.19% | Jul 31, 2026 |
| Vanguard Small-Cap Value Index Fund | 433,103 | 0.73% | $30.96M | 0.05% | Jun 30, 2026 |
| Vanguard Selected Value Fund | 366,157 | 0.61% | $23.40M | 0.34% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 353,247 | 0.59% | $25.25M | 0.03% | Jun 30, 2026 |
| Dimensional U.S. Targeted Value ETF | 314,784 | 0.53% | $20.12M | 0.14% | Jul 31, 2026 |
| U.S. Targeted Value Portfolio | 311,960 | 0.52% | $19.94M | 0.12% | Jul 31, 2026 |
| Dimensional US Small Cap Value ETF | 279,524 | 0.47% | $17.87M | 0.22% | Jul 31, 2026 |
| U.S. Micro Cap Portfolio | 235,578 | 0.39% | $15.06M | 0.19% | Jul 31, 2026 |
| U.S. Small Cap Portfolio | 212,871 | 0.36% | $13.61M | 0.07% | Jul 31, 2026 |
| Vanguard Real Estate Ii Index Fund | 209,015 | 0.35% | $13.36M | 0.12% | Jul 31, 2026 |
| Dimensional U.S. Small Cap ETF | 198,899 | 0.33% | $12.71M | 0.08% | Jul 31, 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 |
|---|---|---|---|---|
| Marc Grandisson | Executive Chairman, Vantage, Director | 96,943 | 0.16% | Sep 24, 2026 |
| Ryan Israel | Chief Investment Officer, Director | 970 | 0.00% | May 15, 2025 |
| Andrew D. Davis | Chief Operating Officer, HHC | 32,530 | 0.05% | Sep 24, 2026 |
| Gregory Hendrick | CEO, Vantage | – | – | Jun 11, 2026 |
| James Carman | President, Houston Region | 22,096 | 0.04% | May 18, 2026 |
| Joseph Valane | General Counsel & Secretary | 28,523 | 0.05% | Apr 9, 2026 |
| Ralph Ireland | See Remarks | 3,748 | 0.01% | Mar 13, 2026 |
| Douglas Johnstone | See Remarks | 26,839 | 0.04% | Feb 9, 2026 |
| David R. O'Reilly | Director and CEO | 208,081 | 0.35% | Feb 9, 2026 |
| Kristi Smith | Regional President, Columbia | 26,375 | 0.04% | Feb 9, 2026 |
| Elena Verbinskaya | Chief Accounting Officer | 9,855 | 0.02% | Feb 9, 2026 |
| Carlos A. Olea | Chief Financial Officer | 66,842 | 0.11% | Feb 9, 2026 |
| Charles James Freericks Jr. | President, Arizona | 12,455 | 0.02% | Feb 9, 2026 |
| Jose Miguel Bustamante | President, Nevada | 13,195 | 0.02% | Feb 9, 2026 |
| L. Jay Cross | President | 70,440 | 0.12% | Feb 7, 2025 |
| David Michael Striph | See Remarks | 11,538 | 0.02% | Feb 7, 2025 |
| Mary Ann Tighe | Director | 37,371 | 0.06% | Aug 13, 2026 |
| Thomas Cecil Lachman | Director | 5,754 | 0.01% | Jun 24, 2026 |
| Anthony Williams | Director | 10,271 | 0.02% | Jun 24, 2026 |
| David Eun | Director | 9,720 | 0.02% | Jun 24, 2026 |
| Susan Panuccio | Director | 5,754 | 0.01% | Jun 24, 2026 |
| R. Scot Sellers | Director | 71,555 | 0.12% | Jun 24, 2026 |
| Jean-Baptiste Robert Bernard Wautier | Director | 4,263 | 0.01% | Jun 24, 2026 |
| Square Partner Group LLC Pershing | Director, 10% owner | – | – | Jun 8, 2026 |
| Square Inc. Pershing | Director, 10% owner | – | – | Jun 8, 2026 |
| Pershing Square Management, LLC | Director, 10% owner | 18,511,031 | 31.00% | Jun 8, 2026 |
| Pershing Square HHH Holdings, LLC | Director, 10% owner | 140,000 | 0.23% | Jun 8, 2026 |
| Pershing Square Capital Management, L.P. | Director, 10% owner | 18,511,031 | 31.00% | Jun 8, 2026 |
| William A. Ackman | Director, 10% owner | 18,352,174 | 30.73% | Jun 8, 2026 |
| Pershing Square Holdco GP, LLC | Director, 10% owner | 9,000,000 | 15.07% | Apr 23, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Andrew D. Davis Chief Operating Officer, HHC | Sep 23, 2026 | Buy | +1,000 | $64.49 | $64.49K | 32,530 |
| Marc Grandisson Executive Chairman, Vantage, Director | Sep 23, 2026 | Buy | +25,000 | $64.12 | $1.60M | 96,943 |
| Mary Ann Tighe Director | Aug 11, 2026 | Sale | −13,495 | $67.25 | $907.54K | 0 |
| Marc Grandisson Executive Chairman, Vantage, Director | Jul 15, 2026 | Award | +68,653 | – | – | 71,943 |
| Thomas Cecil Lachman Director | Jun 19, 2026 | Award | +3,290 | – | – | 5,754 |
| David Eun Director | Jun 19, 2026 | Award | +3,290 | – | – | 9,720 |
| Anthony Williams Director | Jun 19, 2026 | Award | +2,169 | – | – | 10,271 |
| Jean-Baptiste Robert Bernard Wautier Director | Jun 19, 2026 | Award | +2,169 | – | – | 4,263 |
| Susan Panuccio Director | Jun 19, 2026 | Award | +3,290 | – | – | 5,754 |
| Mary Ann Tighe Director | Jun 19, 2026 | Award | +3,290 | – | – | 37,371 |
| Marc Grandisson Director | Jun 19, 2026 | Award | +3,290 | – | – | 3,290 |
| R. Scot Sellers Director | Jun 19, 2026 | Award | +4,038 | – | – | 71,555 |
| Pershing Square HHH Holdings, LLC Director, 10% owner | Jun 4, 2026 | Award | +140,000 | $7142.86 | $1.00B | 140,000 |
| James Carman President, Houston Region | May 15, 2026 | Sale | −1,500 | $64.20 | $96.30K | 22,096 |
| Pershing Square Management, LLC Director, 10% owner | Apr 21, 2026 | Other | −341,033 | $65.86 | $22.46M | 18,511,031 |
| Pershing Square Management, LLC Director, 10% owner | Apr 21, 2026 | Other | +341,033 | $65.86 | $22.46M | 341,033 |
| Joseph Valane General Counsel & Secretary | Apr 1, 2026 | Tax withholding | −686 | $63.05 | $43.25K | 28,523 |
| Andrew D. Davis Chief Operating Officer, HHC | Mar 25, 2026 | Sale | −1,636 | $63.87 | $104.49K | 31,530 |
| Joseph Valane General Counsel & Secretary | Mar 13, 2026 | Buy | +1,260 | $64.45 | $81.21K | 29,209 |
| James Carman President, Houston Region | Feb 5, 2026 | Tax withholding | −285 | $80.04 | $22.81K | 23,596 |
| Jose Miguel Bustamante President, Nevada | Feb 5, 2026 | Tax withholding | −321 | $80.04 | $25.69K | 13,195 |
| Joseph Valane General Counsel & Secretary | Feb 5, 2026 | Tax withholding | −483 | $80.04 | $38.66K | 27,949 |
| Charles James Freericks Jr. President, Arizona | Feb 5, 2026 | Tax withholding | −377 | $80.04 | $30.18K | 12,455 |
| Douglas Johnstone See Remarks | Feb 5, 2026 | Tax withholding | −420 | $80.04 | $33.62K | 26,839 |
| Elena Verbinskaya Chief Accounting Officer | Feb 5, 2026 | Tax withholding | −156 | $80.04 | $12.49K | 9,855 |
| David R. O'Reilly Director and CEO | Feb 5, 2026 | Tax withholding | −3,848 | $80.04 | $307.99K | 208,081 |
| Kristi Smith Regional President, Columbia | Feb 5, 2026 | Tax withholding | −384 | $80.04 | $30.74K | 26,375 |
| Carlos A. Olea Chief Financial Officer | Feb 5, 2026 | Tax withholding | −1,154 | $80.04 | $92.37K | 66,842 |
| Andrew D. Davis See Remarks | Feb 5, 2026 | Tax withholding | −396 | $80.04 | $31.70K | 33,166 |
| Jose Miguel Bustamante President, Nevada | Feb 3, 2026 | Award | +3,123 | – | – | 13,516 |
| Jose Miguel Bustamante President, Nevada | Feb 3, 2026 | Award | +3,123 | – | – | 10,393 |
| David R. O'Reilly Director and CEO | Feb 3, 2026 | Award | +13,492 | – | – | 157,963 |
| David R. O'Reilly Director and CEO | Feb 3, 2026 | Tax withholding | −11,573 | $79.77 | $923.18K | 144,471 |
| David R. O'Reilly Director and CEO | Feb 3, 2026 | Award | +53,966 | – | – | 211,929 |
| David R. O'Reilly Director and CEO | Feb 3, 2026 | Award | +16,942 | – | – | 156,044 |
| Kristi Smith Regional President, Columbia | Feb 3, 2026 | Award | +3,123 | – | – | 26,759 |
| Kristi Smith Regional President, Columbia | Feb 3, 2026 | Award | +3,123 | – | – | 23,636 |
| Andrew D. Davis See Remarks | Feb 3, 2026 | Award | +2,498 | – | – | 23,568 |
| Andrew D. Davis See Remarks | Feb 3, 2026 | Award | +3,011 | – | – | 22,657 |
| Andrew D. Davis See Remarks | Feb 3, 2026 | Tax withholding | −1,587 | $79.77 | $126.59K | 21,070 |
| Andrew D. Davis See Remarks | Feb 3, 2026 | Award | +9,994 | – | – | 33,562 |
| Carlos A. Olea Chief Financial Officer | Feb 3, 2026 | Tax withholding | −3,869 | $79.77 | $308.63K | 47,759 |
| Carlos A. Olea Chief Financial Officer | Feb 3, 2026 | Award | +4,047 | – | – | 51,806 |
| Carlos A. Olea Chief Financial Officer | Feb 3, 2026 | Award | +16,190 | – | – | 67,996 |
| Carlos A. Olea Chief Financial Officer | Feb 3, 2026 | Award | +7,153 | – | – | 51,628 |
| Joseph Valane General Counsel & Secretary | Feb 3, 2026 | Award | +2,249 | – | – | 19,438 |
| Joseph Valane General Counsel & Secretary | Feb 3, 2026 | Award | +8,994 | – | – | 28,432 |
| Charles James Freericks Jr. President, Arizona | Feb 3, 2026 | Award | +3,123 | – | – | 9,709 |
| Charles James Freericks Jr. President, Arizona | Feb 3, 2026 | Award | +3,123 | – | – | 12,832 |
| Elena Verbinskaya Chief Accounting Officer | Feb 3, 2026 | Award | +1,827 | – | – | 10,011 |
| Elena Verbinskaya Chief Accounting Officer | Feb 3, 2026 | Award | +1,827 | – | – | 8,184 |
| James Carman President, Houston Region | Feb 3, 2026 | Tax withholding | −1,220 | $79.77 | $97.32K | 17,947 |
| James Carman President, Houston Region | Feb 3, 2026 | Award | +2,967 | – | – | 20,914 |
| James Carman President, Houston Region | Feb 3, 2026 | Award | +2,967 | – | – | 23,881 |
| James Carman President, Houston Region | Feb 3, 2026 | Award | +2,258 | – | – | 19,167 |
| Douglas Johnstone See Remarks | Feb 3, 2026 | Award | +3,904 | – | – | 27,259 |
| Douglas Johnstone See Remarks | Feb 3, 2026 | Award | +3,904 | – | – | 23,355 |
| Douglas Johnstone See Remarks | Feb 3, 2026 | Tax withholding | −1,613 | $79.77 | $128.67K | 19,451 |
| Douglas Johnstone See Remarks | Feb 3, 2026 | Award | +2,314 | – | – | 21,064 |
| Elena Verbinskaya Chief Accounting Officer | Dec 31, 2025 | Tax withholding | −96 | $79.77 | $7.66K | 6,357 |
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 |
|---|---|---|---|---|---|
| Douglas Johnstone Officer | Sep 22, 2026 | 4,015 | $264.34K | Sep 22, 2026 | Restricted Stock Vesting |
| Jose Miguel Bustamante Officer | Aug 17, 2026 | 763 | $51.14K | Aug 17, 2026 | Restricted Stock Vesting |
| Ann Tighe Mary Director | Aug 11, 2026 | 13,495 | $884.60K | Aug 11, 2026 | Purchase |
| Smith Kristi Former affiliate | Jun 17, 2026 | 3,030 | $206.98K | Jun 17, 2026 | Restricted Stock Vesting Under a Registered Plan |
| Jose Miguel Bustamante Officer | Jun 10, 2026 | 700 | $47.03K | Jun 10, 2026 | Open Market Purchase |
| James Carman Officer | May 15, 2026 | 1,500 | $96.30K | May 15, 2026 | Restricted Stock Vesting |
| J. Kaplan Beth Former Affiliate | Dec 18, 2025 | 1,176 | $97.57K | Dec 18, 2025 | Compensation |
| Hidalgo David Affiliate | Nov 26, 2025 | 6,000 | $529.92K | Nov 26, 2025 | Purchase |
| Janell Kaplan Beth Director | Aug 15, 2025 | 1,360 | $99.95K | Aug 15, 2025 | Stock Award |
| David Michael Striph Officer | Jul 7, 2025 | 5,502 | $378.59K | Jul 7, 2025 | Restricted Stock Vesting |
| Douglas Johnstone Officer | Jan 4, 2024 | 658 | $54.61K | Jan 4, 2024 | Restricted Stock Vesting |