Hawaiian Electric's (HE) Second Quarter Numbers Mask A Harder Truth
On August 7, Hawaiian Electric (NYSE:HE) reported second-quarter net income of $123.2 million, or $0.71 per share, numbers that look strong at first glance.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | Horizon Asset Management Murray Stahl | 22,395,397 | $303,009,724 | +4% | 3.44% |
| 2. | Quantinno Capital Hoon Kim | 3,979,937 | $53,848,548 | +14% | 0.06% |
| 3. | 12 West Capital Management Joel Ramin | 1,125,000 | $15,221,250 | -38% | 2.85% |
| 4. | Citadel Investment Group Ken Griffin | 862,812 | $11,673,846 | +317% | 0% |
| 5. | 716,200 | $9,690,186 | -82% | 0% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $41.11 | 542,252 | $22,291,979.72 | 2,012,252 | 2020-03-13 | Filing | |
| $39.59 | 400,060 | $15,838,375.40 | 1,470,000 | 2020-03-12 | Filing | |
| $41.94 | 755,600 | $31,689,864.00 | 1,069,940 | 2020-03-11 | Filing | |
| $34.32 | 237 | $8,125.00 | 20,328 | 2014-12-30 | Filing | |
| $26.72 | 304 | $8,125.00 | 19,901 | 2014-09-30 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $39.21 | 10,000 | $392,120.00 | 23,447 | 2023-03-08 | Filing | |
| $42.25 | 22,000 | $929,500.00 | 14,576 | 2022-05-19 | Filing | |
| $42.15 | 31,000 | $1,306,650.00 | 21,825 | 2021-12-15 | Filing | |
| $41.53 | 4,000 | $166,120.00 | 52,825 | 2021-12-14 | Filing | |
| $44.82 | 100 | $4,481.50 | 35,191 | 2021-05-13 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 26,483,206 | $358,317,783 | 0.01% | |
| 2. | 10,373,982 | $140,359,976 | 0.01% | |
| 3. | 7,479,058 | $101,191,655 | 0% | |
| 4. | 7,181,312 | $97,163,151 | 0% | |
| 5. | 4,335,526 | $58,670,598 | 0% |