13FPulse
中
HA

HAPN HAPPEN INC

2026Q2 · CUSIP 52603A208 · Sector: Financials

Normal

Fund flows are within the usual range

Funds that own it
238
Institutions that reported holding it to the SEC
Net decrease in holders
7
Last quarter 245 → now 238
How unusual is that
Bottom 20%
Stronger than only 17% of US stocks
What the filings say, in one paragraph

238 funds held HAPN at the end of 2026Q2, down 7 from the quarter before. Fund flows are within the usual range — nothing unusual. On the business itself, the P/E is 10.7x, return on equity is 12.5%. HAPN has had 6 buying rushes in its history, and the price moved +22.2% 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.

2019Q3: holders=102 2019Q4: holders=107 2020Q1: holders=106 2020Q2: holders=113 2020Q3: holders=116 2020Q4: holders=136 2021Q1: holders=157 2021Q2: holders=160 2021Q3: holders=201 2021Q4: holders=226 2022Q1: holders=214 2022Q2: holders=206 2022Q3: holders=211 2022Q4: holders=209 2023Q1: holders=194 2023Q2: holders=176 2023Q3: holders=184 2023Q4: holders=172 2024Q1: holders=179 2024Q2: holders=198 2024Q3: holders=210 2024Q4: holders=238 2025Q1: holders=235 2025Q2: holders=224 2025Q3: holders=241 2025Q4: holders=255 2026Q1: holders=245 2026Q2: holders=238 -95 -47.5 +0 +47.5 +95 91180268 19Q320Q221Q121Q422Q323Q224Q124Q425Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 6 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2024Q4 Top 20% -24.5% +13.1%
2024Q2 Top 20% +38.6% +30.8%
2021Q4 Top 20% -30.4% -19.9%
2021Q3 Top 5% -57.6% -68.5%
2021Q1 Top 20% +109.3% +236.2%
2019Q3 Top 1% in the market -1.7% -58.3%

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
133
Change in large funds
+1
Total value they hold
$2.2B
Funds buying for the first time
38
Funds that sold out entirely
45
Price change that quarter
+14.5%
Funds holding puts (bearish)
7
Funds holding calls (bullish)
5

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)
10.7
EPS (TTM)
$1.67
EPS YoY
+160.9%
Revenue (TTM)
—
Revenue YoY
—
Net margin
—
ROE
12.5%
Debt ratio
87.5%
FCF (TTM)
-$3.0B
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2022-09-30: EPS 0.41 2022-12-31: EPS 0.26 2023-03-31: EPS 0.13 2023-06-30: EPS 0.09 2023-09-30: EPS 0.05 2023-12-31: EPS 0.09 2024-03-31: EPS 0.11 2024-06-30: EPS 0.13 2024-09-30: EPS 0.13 2024-12-31: EPS 0.08 2025-03-31: EPS 0.10 2025-06-30: EPS 0.33 2025-09-30: EPS 0.37 2025-12-31: EPS 0.36 2026-03-31: EPS 0.44 2026-06-30: EPS 0.50 0.00 0.28 0.55 2022202320242025202606/26 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 24 7 20 34 2023202420252026

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
-945M-265M414M 20162017201820192020202120222023202420252026
Latest quarter $-645M (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.