HIMS Hims & Hers Health, Inc.
Executive Summary
Five mega-passive institutional investors (T. Rowe Price, BofA, Wells Fargo, Schwab, Morgan Stanley) increased HIMS positions in Q3 2025, adding a net $256.6M to total holdings of $699M. No sellers were reported. The buying is likely driven by index rebalancing rather than active conviction, offering a limited directional signal.
Key Financial Metrics
Institutional Positions
Net institutional flow: $256.6M
▲ Buyers (5)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| T. Rowe Price | DOUBLED | +444.1% | $174.0K | $146.0K |
| BofA | ADD | +54.9% | $102.6M | $44.4M |
| Wells Fargo | ADD | +54.9% | $50.0M | $21.6M |
| Schwab | ADD | +46.3% | $133.6M | $53.4M |
| Morgan Stanley | ADD | +31.6% | $412.7M | $137.1M |
Actionable Insight
The institutional cluster lacks active-manager conviction, reducing its trading signal. Monitor upcoming 13F filings for active hedge fund or family office interest. Index rebalancing tailwinds may persist if HIMS continues to grow market cap.
Key Facts
- 5 passive funds bought HIMS in Q3 2025; 0 sold
- Total buyer holdings: $699.0M (net +$256.6M)
- All buyers are mega-passive/index managers
- Largest buyer: Morgan Stanley (ADD 31.6%, now $412.7M)
- T. Rowe Price DOUBLED position (+444.1%) but value only $174K
Financial Impact
Passive funds added $256.6M net, increasing cumulative holdings to $699M. No selling activity.
Risk Factors
- Passive buying is not a catalyst for outsize returns
- No selling offers no contrarian opportunity
- High historical volatility in HIMS (recent T+20 alpha -7%)
Market Snapshot
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-HIMS-2025-Q3 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
1d ago
|
Institutional Cluster
| $28.00 awaiting T+1 | awaiting T+1 | — | — |
|
Jun 2, 2026
11d ago
|
8-K
| $27.51 $27.51 | · 0.00% | ▲ +0.69% | — |
|
May 21, 2026
22d ago
|
8-K
| $23.75 $23.85 | ▲ +0.42% | ▼ −0.16% | — |
|
May 19, 2026
24d ago
|
8-K
| $22.44 $23.04 | ▲ +2.67% | ▲ +1.63% | — |
|
May 11, 2026
4w ago
|
8-K
| $25.03 $25.03 | · 0.00% | ▲ +0.54% | — |
|
Apr 28, 2026
6w ago
|
DEFA14A
| $27.91 $26.33 | ▼ −5.66% | ▼ −5.65% | — |
|
Mar 17, 2026
12w ago
|
Insider Cluster
| $24.98 $23.15 | ▼ −7.33% | ▼ −5.93% | — |
|
Mar 17, 2026
12w ago
|
Insider Cluster
| $24.98 $23.15 | ▼ −7.33% | ▼ −5.93% | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access