HII ranks #640 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
HII is a top-conviction position for Investment Management Associates Inc /adv — at 6.6% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in HII belongs to BlackRock, Inc., but the position matters far more to Investment Management Associates Inc /adv, who has 6.6% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
First Trust Advisors LP has added to its HII position for two straight quarters, increasing it by $56.0M to reach $332.4M today.
Van Eck Associates CORP has trimmed its HII position for two straight quarters, cutting it by $272.4M while still holding $287.6M.
HII is up 0.4% today, and institutions have been net buyers of $2.8B this quarter — today's price move and the underlying institutional flow are pointing the same direction.