HR ranks #1305 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
HR is a top-conviction position for Rush Island Management, LP — at 7.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in HR belongs to BlackRock, Inc., but the position matters far more to Rush Island Management, LP, who has 7.0% 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.
California State Teachers Retirement System has added to its HR position for two straight quarters, increasing it by $378.2M to reach $383.6M today.
Starboard Value LP has trimmed its HR position for two straight quarters, cutting it by $174.5M while still holding $39.1M.
HR is down 0.7% today, but institutions show net buying of $537.0M this quarter — a divergence between today's price move and the underlying institutional flow.