Howard Hughes Holdings Inc. owns, manages, and develops commercial, residential, and mixed-use real estate throughout the U.S. Its award-winning assets include the country’s preeminent portfolio of master planned communities, as well as operating properties and development opportunities including: the Seaport in New York City; Downtown Columbia® in Maryland; The Woodlands®, Bridgeland® and The Woodlands Hills® in the Greater Houston, Texas area; Summerlin® in Las Vegas; Ward Village® in Honolulu, Hawaiʻi; and Teravalis™ in the Greater Phoenix, Arizona area. The Howard Hughes portfolio is strategically positioned to meet and accelerate development based on market demand, resulting in one of the strongest real estate platforms in the country. Dedicated to innovative placemaking, the company is recognized for its ongoing commitment to design excellence and to the cultural life of its communities. Howard Hughes Holdings Inc. is traded on the New York Stock Exchange as HHH. For additional information visit www.howardhughes.com.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
IRS number
931869991
Latest filings (excl ownership)
10-Q
2023 Q3
Quarterly report
6 Nov 23
8-K
Howard Hughes Holdings Inc. Reports Third Quarter 2023 Results
6 Nov 23
8-K
Departure of Directors or Certain Officers
19 Oct 23
8-K
Howard Hughes Holdings Inc. Appoints Anton D. Nikodemus
5 Oct 23
8-K
Howard Hughes Holdings Inc. Appoints Elena Verbinskaya Chief Accounting Officer
3 Oct 23
S-8
Registration of securities for employees
11 Aug 23
S-3ASR
Automatic shelf registration
11 Aug 23
8-K12B
Notification of registration of securities
11 Aug 23
Latest ownership filings
4
Zachary Winick
7 Dec 23
4
WILLIAM A ACKMAN
6 Dec 23
4
L JAY CROSS
4 Dec 23
4
David R. O'Reilly
4 Dec 23
4
WILLIAM A ACKMAN
1 Dec 23
4
Zachary Winick
29 Nov 23
4
WILLIAM A ACKMAN
28 Nov 23
SC 13D/A
Pershing Square Capital Management, L.P.
28 Nov 23
4
WILLIAM A ACKMAN
22 Nov 23
4
WILLIAM A ACKMAN
17 Nov 23
Financial summary
| Quarter (USD) | Sep 23 | |
|---|---|---|
| Revenue | ||
| Cost of revenue | ||
| Operating income | ||
| Operating margin | ||
| Net income | ||
| Net profit margin | ||
| Cash on hand | ||
| Change in cash | ||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | |||
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 935.80 mm | 935.80 mm | ||||
| Cash burn (monthly) | 229.63 mm | 170.59 mm | ||||
| Cash used (since last report) | 522.38 mm | 388.07 mm | ||||
| Cash remaining | 413.42 mm | 547.73 mm | ||||
| Runway (months of cash) | 1.8 | 3.2 | ||||
Institutional ownership, Q3 2023
93.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 197 |
| Opened positions | 197 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 3.41 tn |
| Total shares | 46.56 mm |
| Total puts | 164.60 k |
| Total calls | 61.80 k |
| Total put/call ratio | 2.7 |
| Largest owners | Shares | Value |
|---|---|---|
| Pershing Square Capital Management | 16.81 mm | $1.25 tn |
| Vanguard | 4.85 mm | $359.18 bn |
| Baillie Gifford & Co | 2.55 mm | $188.89 bn |
| Barrow Hanley Mewhinney & Strauss | 2.25 mm | $167.00 bn |
| Dimensional Fund Advisors | 2.16 mm | $160.01 bn |
| PFG Principal Financial Group Inc - Registered Shares | 2.12 mm | $156.89 bn |
| Harris Associates L P | 2.11 mm | $156.06 bn |
| BLK Blackrock | 1.64 mm | $121.55 bn |
| New South Capital Management | 643.54 k | $47.71 bn |
| Donald Smith & Co. | 629.09 k | $46.63 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 6 Dec 23 | Zachary Winick | Common stock, $0.01 par value per share | Sell | Dispose S | No | No | 75.7 | 400 | 30.28 k | 13,859 |
| 6 Dec 23 | Pershing Square Capital Management | Common stock, par value $0.01 per share | Buy | Acquire P | Yes | Yes | 74.86 | 3,485 | 260.89 k | 18,842,039 |
| 4 Dec 23 | Pershing Square Capital Management | Common stock, par value $0.01 per share | Buy | Acquire P | Yes | Yes | 74.92 | 3,251 | 243.56 k | 18,838,554 |
| 1 Dec 23 | Pershing Square Capital Management | Common stock, par value $0.01 per share | Buy | Acquire P | Yes | Yes | 74.28 | 44,100 | 3.28 mm | 18,835,303 |
| 30 Nov 23 | O'Reilly David R. | Common stock, $0.01 par value per share | Payment of exercise | Dispose F | No | No | 73.51 | 912 | 67.04 k | 82,851 |
| 30 Nov 23 | L Jay Cross | Common stock, $0.01 par value per share | Payment of exercise | Dispose F | No | No | 73.51 | 730 | 53.66 k | 38,869 |
| 30 Nov 23 | Pershing Square Capital Management | Common stock, par value $0.01 per share | Buy | Acquire P | Yes | Yes | 73.55 | 32,150 | 2.36 mm | 18,791,203 |
| 29 Nov 23 | Pershing Square Capital Management | Common stock, par value $0.01 per share | Buy | Acquire P | Yes | Yes | 74.18 | 68,871 | 5.11 mm | 18,759,053 |