Heritage Financial Corp: which funds bought and sold

Institutions that bought and sold Heritage Financial shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 95 institutions that filed 13F reports for both quarters added to or opened positions in Heritage Financial, and 74 cut or closed them. Together they added a net 353K shares, +1.1% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 355K shares (−3.4%); index fund managers were net buyers of 719K shares (+5.9%). 27 opened a new position and 18 sold out entirely.

Bought, Q2 2026 95 institutions, 27 of them new holders Sold, Q2 2026 74 institutions, 18 of them sold out

Net change, all compared +353K shares (+1.1%)

Net change, active managers −355K shares (−3.4%), 10 bought, 17 sold

Buyers versus sellers

institutions compared, 205

95 bought 36 74 sold

Active managers and hedge funds 10 bought · 17 sold · −355K

Index fund managers 7 bought · 5 sold · +719K

Other institutions 78 bought · 52 sold · −11K

Biggest buyers

by change in shares held

Biggest buyers
Institution	Change in shares	Shares June 30, 2026	Value
Jennison Associates LLC Active manager	+325K +10.1%	3.5M	$105M
Blackrock, Inc. Index funds	+249K +4.5%	5.8M	$172M
Jpmorgan Chase & Co	+227K +1197.8%	246K	$7.2M
State Street Corp Index funds	+186K +10.3%	2.0M	$58.7M
Geode Capital Management, LLC Index funds	+169K +18.1%	1.1M	$32.7M
Vanguard Portfolio Management LLC Index funds	+96K +14.7%	750K	$22.2M
Dimensional Fund Advisors LP	+88K +4.5%	2.0M	$60.6M
Quantinno Capital Management LP	+49K +88.0%	104K	$3.1M
Rhino Investment Partners, Inc	+43K +13.0%	373K	$11.1M
State Of New Jersey Common Pension Fund D	+42K New position	42K	$1.2M
Fortis Capital Management LLC	+36K New position	36K	$1.1M
Xtx Topco Ltd	+35K New position	35K	$1M
Northern Trust Corp Index funds	+28K +6.7%	441K	$13.1M
Freestone Capital Holdings, LLC	+26K New position	26K	$776,399
Millennium Management LLC Hedge fund	+24K New position	24K	$711,561
D. E. Shaw & Co., Inc. Hedge fund	+23K New position	23K	$692,338
Charles Schwab Investment Management Inc Index funds	+22K +5.9%	399K	$11.8M
Wells Fargo & Company	+22K +117.9%	40K	$1.2M
Connor, Clark & Lunn Investment Management Ltd.	+21K +32.3%	86K	$2.5M
Harbor Advisory Corp	+21K New position	21K	$608,691

Biggest buyers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
Jennison Associates LLC Active manager	+325K +10.1%	3.5M	$105M
Millennium Management LLC Hedge fund	+24K New position	24K	$711,561
D. E. Shaw & Co., Inc. Hedge fund	+23K New position	23K	$692,338
Price T Rowe Associates Inc Active manager	+19K +37.4%	69K	$2M
Bridgeway Capital Management, LLC Active manager	+13K +4.4%	301K	$8.9M
Jain Global LLC Hedge fund	+11K New position	11K	$316,934
Neuberger Berman Group LLC Active manager	+7,412 New position	7,412	$219,544
Squarepoint Ops LLC Hedge fund	+7,210 New position	7,210	$213,560
Gabelli Funds LLC Active manager	+1,271 +6.8%	20K	$592,400
Federated Hermes, Inc. Active manager	+802 +1.9%	42K	$1.3M

Biggest sellers

by change in shares held

Biggest sellers
Institution	Change in shares	Shares June 30, 2026	Value
Lord, Abbett & Co. LLC	−272K Sold out	0	—
Arrowstreet Capital, Limited Partnership Hedge fund	−135K −31.2%	298K	$8.8M
Victory Capital Management Inc Active manager	−108K −4.4%	2.4M	$69.9M
Two Sigma Investments, LP Hedge fund	−101K −20.6%	389K	$11.5M
Wellington Management Group LLP Active manager	−100K −15.9%	528K	$15.6M
LSV Asset Management Active manager	−75K Sold out	0	—
Goldman Sachs Group Inc	−69K −22.1%	243K	$7.2M
Deprince Race & Zollo Inc Active manager	−60K −45.4%	72K	$2.1M
Renaissance Technologies LLC Hedge fund	−56K −29.7%	132K	$3.9M
UBS Group AG	−55K −24.3%	171K	$5.1M
Russell Investments Group, Ltd.	−51K −25.9%	147K	$4.4M
Algebris (UK) Ltd	−49K −9.5%	469K	$13.9M
Raymond James Financial Inc	−49K Sold out	0	—
Lazard Asset Management LLC Active manager	−40K Sold out	0	—
AQR Capital Management LLC Hedge fund	−36K −21.3%	133K	$3.9M
Sei Investments Co	−28K −35.0%	52K	$1.5M
Susquehanna International Group, LLP	−28K Sold out	0	—
Globeflex Capital L P	−27K Sold out	0	—
Royce & Associates LP Active manager	−27K −32.7%	55K	$1.6M
Morgan Stanley	−24K −5.0%	456K	$13.5M

Biggest sellers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
Arrowstreet Capital, Limited Partnership Hedge fund	−135K −31.2%	298K	$8.8M
Victory Capital Management Inc Active manager	−108K −4.4%	2.4M	$69.9M
Two Sigma Investments, LP Hedge fund	−101K −20.6%	389K	$11.5M
Wellington Management Group LLP Active manager	−100K −15.9%	528K	$15.6M
LSV Asset Management Active manager	−75K Sold out	0	—
Deprince Race & Zollo Inc Active manager	−60K −45.4%	72K	$2.1M
Renaissance Technologies LLC Hedge fund	−56K −29.7%	132K	$3.9M
Lazard Asset Management LLC Active manager	−40K Sold out	0	—
AQR Capital Management LLC Hedge fund	−36K −21.3%	133K	$3.9M
Royce & Associates LP Active manager	−27K −32.7%	55K	$1.6M

New positions

largest by value

Institution	Shares	Value June 30, 2026
State Of New Jersey Common Pension Fund D	42K	$1.2M
Fortis Capital Management LLC	36K	$1.1M
Xtx Topco Ltd	35K	$1M
Freestone Capital Holdings, LLC	26K	$776,399
Millennium Management LLCHedge fund	24K	$711,561
D. E. Shaw & Co., Inc.Hedge fund	23K	$692,338
Harbor Advisory Corp	21K	$608,691
Tidal Investments LLC	14K	$418,590
Jain Global LLCHedge fund	11K	$316,934
Jump Financial, LLC	8,130	$240,811

Sold out

largest by value

Institution	Shares	Value March 31, 2026
Lord, Abbett & Co. LLC	272K	$7.1M
LSV Asset ManagementActive manager	75K	$1.9M
Raymond James Financial Inc	49K	$1.3M
Lazard Asset Management LLCActive manager	40K	$1M
Susquehanna International Group, LLP	28K	$715,702
Globeflex Capital L P	27K	$709,800
Fourthstone LLC	20K	$519,220
Gsa Capital Partners LLP	19K	$501,000
Strs Ohio	19K	$499,200
Cambria Investment Management, L.P.	10K	$270,738

Who holds the shares

13F holdings at June 30, 2026

Institutions reporting: 189
Ten largest holders: 64.1%
Index fund managers: 39.1%
Active managers and hedge funds: 30.9%

Buying and selling by type of institution, March 31, 2026 to June 30, 2026
Type	Bought	Sold	New	Sold out	Net change in shares	Net %
Active managers and hedge funds	10	17	5	2	−355K	−3.4%
Index fund managers	7	5	0	0	+719K	+5.9%
Other institutions	78	52	22	16	−11K	−0.1%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

What these filings can and cannot tell you

Form 13F lists the long positions in US-listed shares held by investment managers with more than $100 million in such holdings. Managers file it up to 45 days after each quarter ends, so this page shows what funds held at the end of each quarter, not what they are doing now: a position may have changed since. Short positions, most derivatives and smaller managers are not included, and a cut can mean a fund lost clients or rebalanced rather than a view on Heritage Financial.

Only managers that filed a holdings report for both quarters are compared (205 here). 7 other holders are left out: first-time or late filers, firms that changed their SEC registration, and filings that withheld positions under confidential treatment, any of which would otherwise look like a new position or a sale. Figures are as reported by each manager in the SEC's quarterly 13F data sets; option positions are excluded.

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