13FPulse
FH

FHB FIRST HAWAIIAN INC

2026Q2 · CUSIP 32051X108 · Sector: Financials

Piling in

Net holder growth ranks near the top of the market

Funds that own it
364
Institutions that reported holding it to the SEC
Net increase in holders
+32
Last quarter 332 → now 364
How unusual is that
Top 10%
Stronger buying than 90% of US stocks
What the filings say, in one paragraph

364 funds held FHB at the end of 2026Q2, up 32 from the quarter before. That is stronger buying than 90.3% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $904M(YoY +9.3%), the P/E is 11.2x, return on equity is 10.1%. FHB has had 11 buying rushes in its history, and the price moved -1.2% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Financials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2016Q4: holders=98 2017Q1: holders=135 2017Q2: holders=126 2017Q3: holders=121 2017Q4: holders=132 2018Q1: holders=150 2018Q2: holders=178 2018Q3: holders=204 2018Q4: holders=192 2019Q1: holders=228 2019Q2: holders=217 2019Q3: holders=202 2019Q4: holders=220 2020Q1: holders=211 2020Q2: holders=208 2020Q3: holders=220 2020Q4: holders=214 2021Q1: holders=239 2021Q2: holders=228 2021Q3: holders=235 2021Q4: holders=241 2022Q1: holders=241 2022Q2: holders=240 2022Q3: holders=252 2022Q4: holders=255 2023Q1: holders=246 2023Q2: holders=227 2023Q3: holders=225 2023Q4: holders=222 2024Q1: holders=221 2024Q2: holders=232 2024Q3: holders=243 2024Q4: holders=247 2025Q1: holders=265 2025Q2: holders=261 2025Q3: holders=284 2025Q4: holders=317 2026Q1: holders=332 2026Q2: holders=364 -37 -18.5 +0 +18.5 +37 88236383 16Q417Q418Q419Q420Q421Q422Q423Q424Q425Q426Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 11 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 10%
2025Q4 Top 20% +4.6%
2025Q3 Top 20% +13.3% +18.5%
2025Q1 Top 20% +2.4% -1.4%
2022Q3 Top 20% +5.7% -33.9%
2021Q1 Top 20% -3.1% +2.1%
2019Q1 Top 10% -5.2% +9.1%
2018Q3 Top 10% +8.9% +7.0%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
177
Change in large funds
+15
Total value they hold
$4.0B
Funds buying for the first time
69
Funds that sold out entirely
37
Price change that quarter
-3.3%
Funds holding puts (bearish)
1
Funds holding calls (bullish)
0

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
11.2
EPS (TTM)
$2.30
EPS YoY
+18.6%
Revenue (TTM)
$0.9B
Revenue YoY
+9.3%
Net margin
31.5%
ROE
10.1%
Debt ratio
88.0%
FCF (TTM)
$313M
Dividend (TTM)
$1.04
Quarterly Revenue & EPS
2021-09-30: EPS 0.50 2021-12-31: EPS 0.44 2022-03-31: EPS 0.45 2022-06-30: EPS 0.46 2022-09-30: EPS 0.54 2022-12-31: EPS 0.63 2023-03-31: EPS 0.52 2023-06-30: EPS 0.49 2023-09-30: EPS 0.46 2023-12-31: EPS 0.37 2024-03-31: EPS 0.42 2024-06-30: EPS 0.48 2024-09-30: EPS 0.48 2024-12-31: EPS 0.41 2025-03-31: EPS 0.47 2025-06-30: EPS 0.58 2025-09-30: EPS 0.59 2025-12-31: EPS 0.56 2026-03-31: EPS 0.55 2026-06-30: EPS 0.60 0M 116M 231M $M 0.00 0.35 0.69 20182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 12 6 11 15 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-67M44M155M 20162017201820192020202120222023202420252026
Latest quarter $155M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.