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Filing Details

Accession Number:: 0000935836-26-000262
Form Type:: 13G Filing
Publication Date:: 2026-05-14 20:00:00

Filed By:: Philosophy Capital
Company:: Hudson Pacific Properties Inc. (NYSE:HPP)
Filing Date:: 2026-05-15
SEC Url:: 13G Filing

Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name	Beneficially Owned Number of Shares	Beneficially Owned Number of Aggregate Shares	Percent of Class
Philosophy Capital Management LLC	0	3,688,281	6.8%
Jacob Rubin	0	3,688,281	6.8%

Filing

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Hudson Pacific Properties, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

444097406

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP Number(s):

444097406

Names of Reporting Persons

Philosophy Capital Management LLC

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 3,688,281.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 3,688,281.00

Aggregate Amount Beneficially Owned by Each Reporting Person

3,688,281.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

6.8 %

Type of Reporting Person (See Instructions)

IA, OO

Comment for Type of Reporting Person: The percentage reported herein is calculated based on 54,242,024 shares of Common Stock outstanding as of May 1, 2026, as reported in the Form 10-Q filed by the Issuer for the quarter ended March 31, 2026.

SCHEDULE 13G

CUSIP Number(s):

444097406

Names of Reporting Persons

Jacob Rubin

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 3,688,281.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 3,688,281.00

Aggregate Amount Beneficially Owned by Each Reporting Person

3,688,281.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

6.8 %

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

Item 1.

(a)

Name of issuer:

Hudson Pacific Properties, Inc.

(b)

Address of issuer's principal executive offices:

11601 Wilshire Blvd., Ninth Floor, Los Angeles, CA 90025

Item 2.

(a)

Name of person filing:

Philosophy Capital Management LLC, a Delaware limited liability company ("Philosophy") Jacob Rubin Philosophy is the investment adviser and general partner of private investment funds and the investment adviser to other clients. Mr. Rubin is the control person of Philosophy. The reporting persons are filing this Schedule 13G jointly, but not as members of a group, and each disclaims membership in a group. Each reporting person also disclaims beneficial ownership of Common Stock except to the extent of that person's pecuniary interest therein.

(b)

Address or principal business office or, if none, residence:

3201 Danville Boulevard, Suite 100, Alamo, CA 94507

(c)

Citizenship:

See Item 4 of the cover sheet for each reporting person.

(d)

Title of class of securities:

Common Stock

(e)

CUSIP Number(s):

444097406

Item 3.

If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

(b)

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(c)

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

(d)

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

(e)

An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f)

An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g)

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h)

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:

(k)

Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

Item 4.

Ownership

(a)

Amount beneficially owned:

The response to Row 9 of the cover page for each reporting person is incorporated herein by reference and sets forth the information required by this item

(b)

Percent of class:

The response to Row 11 of the cover page for each reporting person is incorporated herein by reference and sets forth the information required by this item.

(c)

Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote:

The response to Row 5 of the cover page for each reporting person is incorporated herein by reference and sets forth the information required by this item.

(ii) Shared power to vote or to direct the vote:

The response to Row 6 of the cover page for each reporting person is incorporated herein by reference and sets forth the information required by this item.

(iii) Sole power to dispose or to direct the disposition of:

The response to Row 7 of the cover page for each reporting person is incorporated herein by reference and sets forth the information required by this item.

(iv) Shared power to dispose or to direct the disposition of:

The response to Row 8 of the cover page for each reporting person is incorporated herein by reference and sets forth the information required by this item.

Item 5.

Ownership of 5 Percent or Less of a Class.

Not Applicable

Item 6.

Ownership of more than 5 Percent on Behalf of Another Person.

Not Applicable

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not Applicable

Item 8.

Identification and Classification of Members of the Group.

Not Applicable

Item 9.

Notice of Dissolution of Group.

Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Philosophy Capital Management LLC

Signature:	/s/ Jacob Rubin
Name/Title:	Managing Member
Date:	05/14/2026

Jacob Rubin

Signature:	/s/ Jacob Rubin
Name/Title:	Reporting person
Date:	05/14/2026

Exhibit Information

Exhibit 99 - Agreement Regarding Joint Filing of Statement on Schedule 13D or 13G