Heritage Insurance Holdings

HRTG • NYSE

Heritage Insurance Holdings is a insurance - property & casualty company in the financial services sector on NYSE, led by Ernie Garateix, with a market cap of $898.9M. As of Q3 2025, 60% of shares are held by 174 institutional investors, with BlackRock, Inc. as the largest holder at 6.2%.

CEOErnie Garateix

Market Cap$898.9M

Insurance - Property & Casualty

Financial Services

Employees566.0

Websiteheritagepci.com

Country

United States of America

Overview

Overview of institutional ownership in HRTG as of Q3 2025 with a market cap of $781.0M

All Institutions

Institutions: 174
Value Held: $466.5M
Shares Held: 18.5M
Avg Position: $2.7M
Median Position: $482.3K

Hedge Funds

Hedge Funds: 22
Value Held: $65.2M
Shares Held: 2.6M
Avg Position: $3.0M
Median Position: $1.1M

Ownership Breakdown

Institutional (non-HF)

51.38%

$401.3M

Hedge Funds

8.35%

$65.2M

Retail & Other

40.27%

$314.5M

Based on market cap of $781.0M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in HRTG as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$48.5M 0.00% of portfolio	6.20% 1.9M shares	Q2 2014 Held for 11y 5m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$41.5M 0.00% of portfolio	5.31% 1.6M shares	Q2 2014 Held for 11y 5m	$6.69T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$31.8M 0.01% of portfolio	4.07% 1.3M shares	Q4 2015 Held for 9y 11m	$466.32B
Marshall Wace LLP Institution	Diana Lj Harrison President	$25.8M 0.03% of portfolio	3.30% 1.0M shares	Q2 2021 Held for 4y 5m	$90.3B
A AMERICAN CENTURY COMPANIES INC Institution	-	$22.4M 0.01% of portfolio	2.86% 888.5K shares	Q4 2023 Held for 1y 11m	$195.93B
PRUDENTIAL FINANCIAL INC Institution	Andrew F. Sullivan CEO	$17.4M 0.02% of portfolio	2.23% 691.9K shares	Q2 2024 Held for 1y 5m	$84.1B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$15.9M 0.00% of portfolio	2.03% 630.9K shares	Q3 2014 Held for 11y 2m	$1.57T
Connor, Clark & Lunn Investment Management Ltd. Long Only Manager	John Wyatt Ricketts President	$15.8M 0.05% of portfolio	2.02% 626.2K shares	Q3 2021 Held for 4y 2m	$31.7B
A Assenagon Asset Management S.A. Institution	-	$11.6M 0.02% of portfolio	1.49% 462.1K shares	Q1 2023 Held for 2y 8m	$67.7B
Pacific Ridge Capital Partners, LLC Long Only Manager	Mark Daniel Cooper President	$11.6M 2.51% of portfolio	1.48% 458.9K shares	Q4 2016 Held for 8y 11m	$460.6M

Net Capital Flow

Institutional buying and selling activity for HRTG in Q3 2025

Traded: +$9.6M
Buyers: 104
Sellers: 78
Total Bought: +$65.4M
Total Sold: −$55.8M
Avg Position: $2.3M

Biggest Buyers

Institution	Net Bought	Current Position
A Assenagon Asset Management S.A. Institution	+$8.0M +319.4K shares	$11.6M 462.1K shares
PRUDENTIAL FINANCIAL INC Institution	+$7.8M +308.3K shares	$17.4M 691.9K shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	+$3.5M +137.2K shares	$5.1M 203.8K shares
VANGUARD GROUP INC Institution	+$3.3M +132.3K shares	$41.5M 1.6M shares
H HRT FINANCIAL LLC Institution	+$2.9M +114.7K shares	$3.1M 125.0K shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	+$2.8M +113.1K shares	$15.9M 630.9K shares
J JANE STREET GROUP, LLC Institution	+$2.5M +100.6K shares	$3.8M 151.9K shares
Pacific Ridge Capital Partners, LLC Long Only Manager	+$2.5M +98.2K shares	$11.6M 458.9K shares
A AMERICAN CENTURY COMPANIES INC Institution	+$2.3M +91.8K shares	$22.4M 888.5K shares
Marshall Wace LLP Institution	+$2.1M +82.2K shares	$25.8M 1.0M shares

Biggest Sellers

Institution	Net Sold	Current Position
Invesco Ltd. ETF Provider	−$9.1M −360.5K shares	$1.3M 51.7K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	−$7.1M −283.5K shares	$6.1M 242.9K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$5.2M −206.9K shares	$6.2M 245.0K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	−$4.0M −157.9K shares	$31.8M 1.3M shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$2.5M −100.7K shares	$6.9M 272.3K shares
R Russell Investments Group, Ltd. RIA/Wealth	−$2.2M −86.1K shares	$999.5K 39.7K shares
AMERIPRISE FINANCIAL INC Institution	−$2.2M −85.6K shares	$3.9M 154.0K shares
JPMORGAN CHASE & CO Institution	−$1.9M −75.5K shares	$1.6M 65.4K shares
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	−$1.7M −69.2K shares	$11.5M 457.5K shares
Counterpoint Mutual Funds LLC ETF Provider	−$1.6M −62.9K shares	$937.8K 37.2K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited HRTG in Q3 2025

New Positions: 17
New Value: $2.8M
Exited Positions: 27
Exited Value: $6.7M

New Positions

Institution	Position Value
SIERRA SUMMIT ADVISORS LLC RIA/Wealth	$959.6K 38.1K shares
KESTRA PRIVATE WEALTH SERVICES, LLC RIA/Wealth	$610.9K 24.3K shares
ARP AMERICAS LLC Hedge Fund•Multi-Strategy	$363.1K 14.4K shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC RIA/Wealth	$253.3K 10.0K shares
CAPSTONE INVESTMENT ADVISORS, LLC Hedge Fund•Multi-Strategy	$223.7K 8.9K shares
Optivise Advisory Services LLC RIA/Wealth	$220.5K 8.8K shares
THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. Private Equity	$66.5K 2.6K shares
S State of Alaska, Department of Revenue Institution	$36.6K 1.5K shares
Financial Management Professionals, Inc. RIA/Wealth	$25.7K 1.0K shares
Aster Capital Management Ltd RIA/Wealth	$12.1K 481.0 shares

Exited Positions

Institution	Previous Position
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$762.9K 30.6K shares
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC Hedge Fund•Distressed	$718.6K 28.8K shares
S SCOTIA CAPITAL INC. Institution	$666.8K 26.7K shares
F FOX RUN MANAGEMENT, L.L.C. Hedge Fund•Quant	$569.3K 22.8K shares
Engineers Gate Manager LP Hedge Fund•Quant	$539.5K 21.6K shares
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$470.4K 18.9K shares
Aquatic Capital Management LLC Hedge Fund•Quant	$341.7K 13.7K shares
W Winton Capital Group Ltd Institution	$312.8K 12.5K shares
S State of Tennessee, Treasury Department Institution	$300.1K 12.0K shares
Change Path, LLC RIA/Wealth	$285.9K 11.5K shares

Options Activity

Institutions with the largest Call and Put options positions in HRTG as of Q3 2025

Call Positions: 6
Call Value: $10.9M
Put Positions: 3
Put Value: $3.2M

Call Positions

Institution	Position Value
P PEAK6 LLC Institution	$3.9M 1.6K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$2.3M 931.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.6M 619.0 contracts
J JANE STREET GROUP, LLC Institution	$1.4M 544.0 contracts
Interval Partners, LLC Hedge Fund•Long/Short	$1.3M 529.0 contracts
W WOLVERINE TRADING, LLC Institution	$365.4K 150.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.6M 617.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.3M 526.0 contracts
J JANE STREET GROUP, LLC Institution	$319.8K 127.0 contracts

Most Committed Institutions

Institutions with HRTG as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Pacific Ridge Capital Partners, LLC Long Only Manager	Mark Daniel Cooper President	2.51% $11.6M	1.48% 458.9K shares	Q4 2016 Held for 8y 11m	$460.6M
Quartz Partners, LLC RIA/Wealth	Joseph Albert Leo CEO	1.57% $4.3M	0.56% 172.7K shares	Q1 2025 Held for 8 months	$276.1M
I INSTRUMENTAL WEALTH, LLC RIA/Wealth	David Scott Silver CEO	0.98% $1.4M	0.19% 60.1K shares	Q1 2023 Held for 2y 8m	$142.6M
Annis Gardner Whiting Capital Advisors, LLC RIA/Wealth	Peter Justin Gardner CIO	0.40% $1.9M	0.25% 76.8K shares	Q1 2025 Held for 8 months	$483.4M
EAM Investors, LLC Long Only Manager	Derek John Gaertner CEO	0.40% $3.5M	0.45% 140.3K shares	Q2 2025 Held for 5 months	$873.4M
SIERRA SUMMIT ADVISORS LLC RIA/Wealth	Joseph Thomas Seminetta CCO	0.15% $959.6K	0.12% 38.1K shares	Q3 2025 Held for 2 months	$655.2M
THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. Private Equity	Patrick James Haynes Iii Founder	0.13% $66.5K	0.01% 2.6K shares	Q3 2025 Held for 2 months	$49.6M
Optivise Advisory Services LLC RIA/Wealth	Michael Ray Wallin Managing Partner	0.13% $220.5K	0.03% 8.8K shares	Q3 2025 Held for 2 months	$167.3M
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	John Noland Ryan Montgomery CEO	0.13% $6.1M	0.78% 241.3K shares	Q2 2015 Held for 10y 5m	$4.7B
D Dynamic Technology Lab Private Ltd Institution	-	0.12% $699.2K	0.09% 27.8K shares	Q3 2025 Held for 2 months	$576.8M

Hedge Fund Spotlight

Discover hedge funds investing in HRTG

CAPSTONE INVESTMENT ADVISORS, LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerPaul Matthew Britton

Portfolio Value: $9.4B
Positions: 1,012
Last Reported: Q3 2025

Sector Allocation

Position in Heritage Insurance Holdings

Market Value: $223.7K
Shares Held: 8.9K
Portfolio Weight: 0.00%
Owned Since: 2025-Q3

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