Hedge Fund Adds 1.9 Million Shares of Utility Stock, According to Latest SEC Filing

1 day ago 3

Jake Lerch, The Motley Fool

Fri, March 20, 2026 astatine 9:25 AM CDT 4 min read

On February 17, 2026, 12 West Capital Management LP disclosed a caller presumption successful Hawaiian Electric Industries(NYSE:HE), acquiring 1,850,000 shares successful a transaction estimated astatine $22.75 cardinal based connected quarterly mean pricing.

According to a SEC filing dated February 17, 2026, 12 West Capital Management LP established a caller presumption successful Hawaiian Electric Industries, acquiring 1,850,000 shares. The estimated transaction worth is $22.75 million, based connected the mean terms during the 4th fourth of 2025. The stake's quarter-end worth besides totaled $22.75 million, reflecting some the commercialized and marketplace pricing arsenic of December 31, 2025.

This was a caller presumption for the money and represents 2.71% of 13F reportable assets nether management.

Top holdings aft the filing:

NYSE:SHAK: $159.39 cardinal (19.0% of AUM)
NASDAQ:GDS: $149.50 cardinal (17.8% of AUM)
NASDAQ:RBLX: $85.08 cardinal (10.1% of AUM)
NYSE:TBBB: $78.89 cardinal (9.4% of AUM)
NYSE:TOST: $65.62 cardinal (7.8% of AUM)

As of March 19, 2026, shares of Hawaiian Electric Industries were priced astatine $14.28, up 29.9% implicit the past year.

Metric

Value

Revenue (TTM)	$3.087 billion
Net income (TTM)	$126.28 million
Price (as of marketplace adjacent February 13, 2026)	$14.25
One-year terms change	29.9%

Provides electrical inferior services crossed aggregate Hawaiian islands, operates a assemblage bank, and invests successful renewable vigor and sustainable infrastructure.
Generates gross chiefly done regulated energy sales, banking services including loans and deposits, and investments successful non-regulated renewable vigor projects.
Serves residential, commercial, and governmental customers, including suburban communities, resorts, U.S. subject installations, and cultivation operations successful Hawaii.

Hawaiian Electric Industries, Inc. is simply a diversified inferior holding institution with operations spanning electrical utilities, banking, and renewable vigor investments successful Hawaii. The institution operates successful some regulated markets (electric utilities, banking) and non-regulated renewable vigor and sustainable infrastructure investments successful Hawaii. Its integrated attack to vigor and fiscal services positions it arsenic a cardinal subordinate successful supporting Hawaii's infrastructure and economical development.

12 West Capital Management, a New York-based hedge fund, precocious disclosed the acquisition of 1.85 cardinal shares of Hawaiian Electric Industries, a inferior stock, valued astatine astir $22.75 million, during the 4th fourth (the 3 months ending connected Dec. 31, 2025). Here are immoderate cardinal takeaways for investors.

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