HST Host Hotels & Resorts, Inc. - Common Stock

NASDAQ · Real Estate · View on SEC EDGAR ↗
$22.87
Price · Aug 18, 2026
Fundamentals as of Aug 7, 2026

About Host Hotels & Resorts, Inc. - Common Stock Company overview from Wikipedia

Host Hotels & Resorts, Inc. is an American real estate investment trust that invests in hotels. The company is based in Bethesda, Maryland. As of December 31, 2024, the company owned 81 upscale hotels containing about 43,400 rooms in the United States, Brazil, and Canada.

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Host Hotels & Resorts, Inc. is an American real estate investment trust that invests in hotels. The company is based in Bethesda, Maryland. As of December 31, 2024, the company owned 81 upscale hotels containing about 43,400 rooms in the United States, Brazil, and Canada.

## History

In 1897, the Van Noy Brothers of Kansas City, Missouri, formed Van Noy Railway News and Hotel Company to operate news stands along the Missouri Pacific and other regional railroads. The company expanded to various hospitality services, including hotels. After several name and business changes, it became the Host International Company in 1968.

In 1927, John Willard Marriott and his wife Alice opened a root beer stand in Washington, D.C., that they named “The Hot Shoppe”. It became a public company and in 1957, Hot Shoppes, Inc. expanded into the lodging business with the opening of its first hotel in Arlington, Virginia. In 1967, the company was renamed as Marriott Corporation.

In 1982, Marriott acquired the Host International Company.

Marriott split its business in 1993 into Marriott International, Inc., which took over management and franchising, and Host Marriott Corporation, which became the new name for the original Marriott Corporation. Host Marriott managed lodging and travel concessions at airports, and along turnpikes and interstate highways. The concession businesses were further spun off as Host Marriott Services, now HMSHost.

In 1998, the company divested its non-hotel business and reorganized as a real estate investment trust. In 2006, the company adopted its current name, Host Hotels & Resorts, Inc.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

HST Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$22.87
Market Cap
$15.73B
P/E (TTM)
20.8
EPS (TTM)
$1.10
Revenue (TTM)
$6.11B
Div Yield
4.0%
ROE
11.6%
Debt/Equity
52W Range
$16 – $26

HST Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $6.11B
10-point trend, +12.6%
2016-12-31 2025-12-31
EPS $1.10
10-point trend, +7.8%
2016-12-31 2025-12-31
Free Cash Flow
3-point trend, +1.6%
2016-12-31 2018-12-31
Margins 12.5%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
HST
Peer Median
P/E (TTM)
5-point trend, +101.9%
20.8
27.1
P/S (TTM)
5-point trend, -53.6%
2.6
2.0
P/B
5-point trend, -3.6%
2.4
0.9

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
HST
Peer Median
Operating Margin
5-point trend, +261.6%
14.0%
Net Profit Margin
5-point trend, +3392.1%
12.5%
2.8%
ROA
5-point trend, +6611.1%
5.9%
0.89%
ROE
5-point trend, +6935.3%
11.6%
1.5%
ROIC
5-point trend, +3045.2%
12.4%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
HST
Peer Median

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
HST
Peer Median
Revenue YoY
5-point trend, +111.6%
7.6%
Revenue CAGR 3Y
5-point trend, +111.6%
7.6%
Revenue CAGR 5Y
5-point trend, +111.6%
30.4%
EPS YoY
5-point trend, +5600.0%
11.1%
Net Income YoY
5-point trend, +7054.5%
9.8%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
HST
Peer Median
EPS (Diluted)
5-point trend, +5600.0%
$1.10

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
HST
Peer Median
Payout Ratio
5-point trend, +0.81
81.4%

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
4.0%
Payout Ratio
81.4%
5Y Div CAGR
Ex-dateAmount
June 30, 2026$0.9200
March 31, 2026$0.2000
Dec. 31, 2025$0.3500
Sept. 30, 2025$0.2000
June 30, 2025$0.2000
March 31, 2025$0.2000
Dec. 31, 2024$0.3000
Sept. 30, 2024$0.2000
June 28, 2024$0.2000
March 27, 2024$0.2000
Dec. 28, 2023$0.4500
Sept. 28, 2023$0.1800
June 29, 2023$0.1500
March 30, 2023$0.1200
Dec. 29, 2022$0.3200
Sept. 29, 2022$0.1200
June 29, 2022$0.0600
March 30, 2022$0.0300
March 30, 2020$0.2000
Dec. 30, 2019$0.2500

HST Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 25 analysts
  • Strong Buy 8 32.0%
  • Buy 7 28.0%
  • Hold 10 40.0%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

20 analysts · 2026-08-13
Median target $25.00 +9.3%
Mean target $25.07 +9.6%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.12%
Period EPS Actual EPS Est Surprise
June 30, 2026 $0.35 $0.36 -0.01%
March 31, 2026 $0.72 $0.45 0.27%
Dec. 31, 2025 $0.31 $0.19 0.12%
Sept. 30, 2025 $0.23 $0.04 0.19%
June 30, 2025 $0.32 $0.22 0.10%
March 31, 2025 $0.35 $0.28 0.07%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
HST $12.19B 16.1 7.6% 12.5% 11.6%
RHP $5.96B 25.1 10.2% 9.4% 37.5%
APLE $2.79B 16.0 -1.3% 12.4% 5.5%
PK $2.09B -7.3 -2.2% -11.1% -8.3%
DRH $1.83B 20.4 -0.83% 9.0% 6.7%
PEB $1.28B -12.6 1.5% -4.5% -2.5%
SHO $1.70B 223.5 6.0% 2.6% 1.2%
XHR $1.30B 22.1 3.8% 5.9% 5.3%
RLJ $1.13B 745.0 -1.4% 2.1% 1.3%
SVC $309M -1.5 -4.3% -11.2% -30.1%
INN $530M -22.1 -0.32% -1.6% -1.3%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 13
Annual Income Statement data for HST
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, +14.9% $6.11B $5.68B $5.31B $4.91B $2.89B $1.62B $5.47B $5.52B $5.39B $5.43B $5.35B $5.32B
SG&A Expense 12-point trend, +188.4% $124M $123M $132M $107M $99M $89M $107M $104M $98M $106M $94M $43M
Operating Expenses 12-point trend, +13.7% $5.26B $4.81B $4.48B $4.13B $3.14B $2.57B $4.67B $4.99B $4.71B $4.75B $4.72B $4.63B
Operating Income 12-point trend, +23.2% $855M $875M $827M $775M $-250M $-953M $799M $530M $676M $684M $631M $694M
Interest Expense 10-point trend, -7.7% · · $191M $156M $191M $194M $222M $176M $167M $154M $227M $207M
Pretax Income 12-point trend, +8.3% $818M $721M $788M $669M $-102M $-961M $962M $1.30B $651M $811M $574M $755M
Income Tax 12-point trend, +200.0% $42M $14M $36M $26M $-91M $-220M $30M $150M $80M $40M $9M $14M
Net Income 12-point trend, +4.5% $765M $697M $740M $633M $-11M $-732M $920M $1.09B $564M $762M $558M $732M
EPS (Basic) 12-point trend, +14.4% $1.11 $0.99 $1.04 $0.89 $-0.02 $-1.04 $1.26 $1.47 $0.76 $1.03 $0.74 $0.97
EPS (Diluted) 12-point trend, +14.6% $1.10 $0.99 $1.04 $0.88 $-0.02 $-1.04 $1.26 $1.47 $0.76 $1.02 $0.74 $0.96
Shares (Basic) 12-point trend, -8.5% 691,400,000 702,100,000 709,700,000 714,700,000 710,300,000 705 730 739 738 743,000,000 752,400,000 755,400,000
Shares (Diluted) 12-point trend, -11.8% 694,100,000 704,000,000 712,800,000 717,500,000 710,300,000 705 731 740 739 743,700,000 752,900,000 786,800,000
EBITDA 12-point trend, +20.4% $855M $875M $827M $775M $-250M $-953M $799M $530M $676M $684M $650M $710M
Balance Sheet 14
Annual Balance Sheet data for HST
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 12-point trend, +15.3% $768M $554M $1.14B $667M $807M $2.33B $1.57B $1.54B $913M $372M $221M $666M
PP&E (Net) 12-point trend, +1.4% $10.64B $10.91B $9.62B $9.75B $9.99B $9.42B $9.67B $9.76B $9.69B $10.14B $10.58B $10.49B
PP&E (Gross) 12-point trend, +19.2% $21.16B $20.81B $18.80B $18.43B $18.45B $18.28B $17.99B $18.18B $17.93B $17.99B $18.09B $17.75B
Accum. Depreciation 12-point trend, +46.7% $10.53B $9.90B $9.18B $8.68B $8.46B $8.86B $8.32B $8.42B $8.23B $7.85B $7.50B $7.18B
Total Assets 12-point trend, +7.2% $13.05B $13.05B $12.24B $12.27B $12.35B $12.89B $12.30B $12.09B $11.69B $11.41B $11.66B $12.17B
Capital Leases 7-point trend, -7.1% $563M $560M $563M $568M $564M $610M $606M · · · · ·
Total Liabilities 12-point trend, +38.0% $6.32B $6.27B $5.42B $5.39B $5.78B $6.46B $4.84B $4.40B $4.52B $4.21B $4.41B $4.58B
Long-term Debt 12-point trend, -19.2% $1.27B $896M $746M $758M $436M $442M $445M $455M $1.50B $1.22B $1.27B $1.58B
Common Stock 12-point trend, -12.5% $7M $7M $7M $7M $7M $7M $7M $7M $7M $7M $8M $8M
Retained Earnings 12-point trend, +39.0% $-670M $-777M $-839M $-939M $-1.19B $-1.18B $-307M $-610M $-1.07B $-1.01B $-1.14B $-1.10B
AOCI 12-point trend, -36.0% $-68M $-83M $-70M $-75M $-76M $-74M $-56M $-59M $-60M $-83M $-107M $-50M
Stockholders' Equity 12-point trend, -10.6% $6.56B $6.61B $6.63B $6.71B $6.44B $6.32B $7.32B $7.49B $6.97B $6.99B $7.06B $7.34B
Liabilities + Equity 12-point trend, +7.2% $13.05B $13.05B $12.24B $12.27B $12.35B $12.89B $12.30B $12.09B $11.69B $11.41B $11.66B $12.17B
Shares Outstanding 12-point trend, -9.0% 687,800,000 699,100,000 703,600,000 713,400,000 714,100,000 705,400,000 713 740 739,100,000 737,800,000 750,300,000 755,800,000
Cash Flow 15
Annual Cash Flow data for HST
Metric Trend 202520242023202220212020201920182017201620152014
D&A 12-point trend, +14.7% $795M $762M $697M $664M $762M $665M $676M $944M $751M $724M $708M $693M
Stock-based Comp 12-point trend, +18.2% $26M $24M $30M $26M $18M $17M $15M $14M $11M $12M $11M $22M
Deferred Tax 12-point trend, +2900.0% $28M $8M $26M $20M $-93M $-165M $7M $4M $38M $27M $5M $-1M
Operating Cash Flow 12-point trend, +32.5% $1.51B $1.50B $1.44B $1.42B $292M $-307M $1.25B $1.30B $1.23B $1.30B $1.16B $1.14B
CapEx 5-point trend, -13.3% · · · · · · · $274M $205M $293M $383M $316M
Investing Cash Flow 10-point trend, -412.1% $-507M $-2.04B $-183M $-618M $-1.16B $-195M $58M $100M $-267M $-99M · ·
Stock Issued 8-point trend, -75.0% · · $1M $1M $138M $0 $0 · · $4M $2M $4M
Stock Repurchased 9-point trend, -69.6% $205M $107M $182M $27M $0 $147M $482M · · $218M $675M ·
Net Stock Activity 10-point trend, -5225.0% $-205M $-107M $-181M $-26M $138M $-147M $-482M · · $-214M $-673M $4M
Dividends Paid 12-point trend, +32.8% $623M $737M $547M $150M $0 $320M $623M $629M $628M $596M $646M $469M
Financing Cash Flow 10-point trend, +16.3% $-868M $-13M $-771M $-874M $-657M $1.23B $-1.31B $-748M $-402M $-1.04B · ·
Net Change in Cash 12-point trend, +180.3% $139M $-565M $489M $-79M $-1.52B $726M $-6M $647M $565M $167M $-421M $-173M
Taxes Paid 9-point trend, -48.2% $11M $11M $12M · · · $93M $82M $40M $15M $9M $22M
Free Cash Flow 5-point trend, +24.2% · · · · · · · $1.03B $1.02B $1.01B $783M $826M
Levered FCF 5-point trend, +41.3% · · · · · · · $870M $879M $864M $553M $616M
Profitability 7
Annual Profitability data for HST
Metric Trend 202520242023202220212020201920182017201620152014
Operating Margin 12-point trend, +5.4% 14.0% 15.4% 15.6% 15.8% -8.6% -58.8% 14.6% 9.6% 12.6% 12.6% 12.1% 13.3%
Net Margin 12-point trend, -8.5% 12.5% 12.3% 13.9% 12.9% -0.38% -45.2% 16.8% 19.7% 10.5% 14.0% 10.4% 13.7%
Pretax Margin 12-point trend, -5.8% 13.4% 12.7% 14.8% 13.6% -3.5% -59.3% 17.6% 23.5% 12.1% 14.9% 10.8% 14.2%
EBITDA Margin 12-point trend, +5.4% 14.0% 15.4% 15.6% 15.8% -8.6% -58.8% 14.6% 9.6% 12.6% 12.6% 12.1% 13.3%
ROA 12-point trend, +0.2% 5.9% 5.5% 6.0% 5.1% -0.09% -5.8% 7.5% 9.1% 4.9% 6.6% 4.7% 5.9%
ROE 12-point trend, +15.6% 11.6% 10.5% 11.1% 9.6% -0.17% -10.7% 12.4% 15.0% 8.1% 10.8% 7.8% 10.1%
ROIC 12-point trend, +30.2% 12.4% 13.0% 11.9% 11.1% -0.42% -11.6% 10.6% 6.3% 8.5% 9.3% 9.1% 9.5%
Liquidity & Solvency 1
Annual Liquidity & Solvency data for HST
Metric Trend 202520242023202220212020201920182017201620152014
Interest Coverage 10-point trend, +30.5% · · 4.3 5.0 -1.3 -4.9 3.6 3.0 4.0 4.4 2.8 3.3
Efficiency 1
Annual Efficiency data for HST
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 12-point trend, +9.5% 0.5 0.4 0.4 0.4 0.2 0.1 0.4 0.5 0.5 0.5 0.4 0.4
Per Share 6
Annual Per Share data for HST
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share 12-point trend, -1.8% $9.53 $9.45 $9.43 $9.41 $9.02 $8.96 $10.26 $10.12 $9.43 $9.48 $9.41 $9.71
Revenue / Share 12-point trend, +29.4% $8.81 $8.07 $7.45 $6839024.39 $4068703.36 $2294942.63 $7480508.82 $7.46 $7.29 $7.30 $7.16 $6.80
Cash Flow / Share 12-point trend, +48.8% $2.18 $2.13 $2.02 $1973519.16 $411093.90 $-434905.79 $1709752.43 $1.76 $1.66 $1.75 $1.56 $1.46
Cash / Share 12-point trend, +23.4% $1.12 $0.79 $1.63 $0.94 $1.13 $3.31 $2.20 $2.08 $1.24 $0.50 $0.32 $0.91
Dividend / Share 12-point trend, +26.7% $1 $1 $1 $1 $0 $0 $1 $1 $1 $1 $1 $1
EPS (TTM) 12-point trend, +14.6% $1.10 $0.99 $1.04 $0.88 $-0.02 $-1.04 $1.26 $1.47 $0.76 $1.02 $0.74 $0.96
Growth Rates 8
Annual Growth Rates data for HST
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, -90.3% 7.6% 7.0% 8.2% 69.8% 78.4% · · · · · · ·
Revenue CAGR 3Y 3-point trend, -84.3% 7.6% 25.3% 48.5% · · · · · · · · ·
Revenue CAGR 5Y 30.4% · · · · · · · · · · ·
EPS YoY 3-point trend, -38.9% 11.1% -4.8% 18.2% · · · · · · · · ·
EPS CAGR 3Y 7.7% · · · · · · · · · · ·
Net Income YoY 3-point trend, -42.2% 9.8% -5.8% 16.9% · · · · · · · · ·
Net Income CAGR 3Y 6.5% · · · · · · · · · · ·
Dividend CAGR 5Y 14.2% · · · · · · · · · · ·
Valuation (TTM) 13
Annual Valuation (TTM) data for HST
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 12-point trend, +14.9% $6.11B $5.68B $5.31B $4.91B $2.89B $1.62B $5.47B $5.52B $5.39B $5.43B $5.35B $5.32B
Net Income TTM 12-point trend, +4.5% $765M $697M $740M $633M $-11M $-732M $920M $1.09B $564M $762M $558M $732M
Market Cap 12-point trend, -32.1% $12.19B $12.25B $13.70B $11.45B $12.42B $10.32B $13.23B $12.34B $14.67B $13.90B $11.51B $17.97B
P/E 12-point trend, -34.9% 16.1 17.7 18.7 18.2 -869.5 -14.1 14.7 11.3 26.1 18.5 20.7 24.8
P/S 12-point trend, -40.9% 2.0 2.2 2.6 2.3 4.3 6.4 2.4 2.2 2.7 2.6 2.2 3.4
P/B 12-point trend, -24.1% 1.9 1.9 2.1 1.7 1.9 1.6 1.8 1.6 2.1 2.0 1.6 2.4
P / Tangible Book 6-point trend, +13.9% 1.9 1.9 2.1 1.7 1.9 1.6 · · · · · ·
P / Cash Flow 12-point trend, -48.3% 8.1 8.2 9.5 8.1 42.5 -33.6 10.6 9.5 11.9 10.7 9.8 15.6
P / FCF 5-point trend, -44.7% · · · · · · · 12.0 14.3 13.8 14.7 21.7
Dividend Yield 12-point trend, +95.8% 5.1% 6.0% 4.0% 1.3% 0.00% 3.1% 4.7% 5.1% 4.3% 4.3% 5.6% 2.6%
Earnings Yield 12-point trend, +53.5% 6.2% 5.7% 5.3% 5.5% -0.12% -7.1% 6.8% 8.8% 3.8% 5.4% 4.8% 4.0%
Payout Ratio 12-point trend, +27.1% 81.4% 105.7% 73.9% 23.7% 0.00% -43.7% 67.7% 57.9% 111.3% 78.2% 115.8% 64.1%
Annual Payout 12-point trend, +32.8% $623M $737M $547M $150M $0 $320M $623M $629M $628M $596M $646M $469M

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $6.11B$5.68B$5.31B$4.91B$2.89B
Operating Margin % 14.0%15.4%15.6%15.8%-8.6%
Net Income $765M$697M$740M$633M$-11M
Diluted EPS $1.10$0.99$1.04$0.88$-0.02

Latest News Recent headlines mentioning this company

Trading Signals Recent buy/sell signals with entry price and risk/reward ratio

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Institutional owners (13F) 782 filers · $11.2B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
112 (-8 vs prior Q) 44 (-11 vs prior Q) 306 (+29 vs prior Q) 213 (+48 vs prior Q) +112.7M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD GROUP INC $1,807,470,471 101,944,189 16.13% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $1,437,483,099 60,627,714 12.83% Shares
STATE STREET CORP $1,032,940,573 41,955,050 9.22% Shares
VANGUARD CAPITAL MANAGEMENT LLC $1,025,381,391 43,246,790 9.15% Shares
GEODE CAPITAL MANAGEMENT, LLC $459,714,464 19,420,001 4.10% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $304,301,490 12,834,310 2.72% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $269,598,799 11,370,679 2.41% Shares
BANK OF AMERICA CORP /DE/ $265,803,327 11,210,600 2.37% Shares
DIMENSIONAL FUND ADVISORS LP $237,403,504 10,012,801 2.12% Shares
AMERIPRISE FINANCIAL INC $181,812,445 7,665,038 1.62% Shares
NORGES BANK $179,432,491 7,567,798 1.60% Shares
CENTERSQUARE INVESTMENT MANAGEMENT LLC $138,961,489 5,860,881 1.24% Shares
Caisse de depot et placement du Quebec $113,169,798 4,773,083 1.01% Shares
PANAGORA ASSET MANAGEMENT INC $100,240,403 4,227,769 0.89% Shares
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND $98,316,336 4,146,619 0.88% Shares
BlackRock, Inc. $97,132,804 4,096,702 0.87% Shares
VANGUARD FIDUCIARY TRUST CO $85,754,375 3,616,802 0.77% Shares
GOLDMAN SACHS GROUP INC $77,511,002 3,269,127 0.69% Shares
OMERS ADMINISTRATION Corp $72,979,380 3,078,000 0.65% Shares
CI INVESTMENTS INC. $71,949,821 3,034,577 0.64% Shares
Gotham Asset Management, LLC $64,309,700 2,712,345 0.57% Shares
PRUDENTIAL FINANCIAL INC $63,171,881 2,664,356 0.56% Shares
Holocene Advisors, LP $62,314,883 2,628,211 0.56% Shares
AMERICAN CENTURY COMPANIES INC $62,277,232 2,626,623 0.56% Shares
Allianz Asset Management GmbH $60,434,609 2,548,908 0.54% Shares
MILLER HOWARD INVESTMENTS INC /NY $57,345,787 2,418,633 0.51% Shares
APG Asset Management US Inc. $56,499,972 2,419,699 0.50% Shares
BARCLAYS PLC $56,356,820 2,376,922 0.50% Shares
Brandywine Global Investment Management, LLC $56,087,969 3,163,450 0.50% Shares
Daiwa Securities Group Inc. $55,615,314 2,345,648 0.50% Shares
NewEdge Wealth, LLC $52,345,235 2,207,728 0.47% Shares
MACKENZIE FINANCIAL CORP $51,253,385 2,161,678 0.46% Shares
HSBC HOLDINGS PLC $50,703,604 2,139,844 0.45% Shares
BNP PARIBAS FINANCIAL MARKETS $46,048,045 1,942,136 0.41% Shares
Sumitomo Mitsui Trust Group, Inc. $45,951,000 1,938,043 0.41% Shares
FMR LLC $41,621,597 1,755,445 0.37% Shares
CITADEL ADVISORS LLC $40,763,915 1,719,271 0.36% Shares
TUDOR INVESTMENT CORP ET AL $39,279,907 1,656,681 0.35% Shares
LOS ANGELES CAPITAL MANAGEMENT LLC $38,037,336 1,604,274 0.34% Shares
California Public Employees Retirement System $38,024,012 1,603,712 0.34% Shares
Quantinno Capital Management LP $37,835,195 1,595,748 0.34% Shares
Man Group plc $36,998,957 1,560,479 0.33% Shares
MILLENNIUM MANAGEMENT LLC $36,017,031 1,519,065 0.32% Shares
Resolution Capital Ltd $35,044,684 1,478,055 0.31% Shares
Swiss National Bank $32,721,673 1,380,079 0.29% Shares
Mitsubishi UFJ Asset Management Co., Ltd. $31,888,551 1,344,941 0.28% Shares
Vanguard Global Advisers, LLC $31,189,723 1,315,467 0.28% Shares
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO $30,905,511 1,303,480 0.28% Shares
LASALLE INVESTMENT MANAGEMENT SECURITIES LLC $28,864,957 1,217,417 0.26% Shares
ALGERT GLOBAL LLC $28,362,376 1,196,220 0.25% Shares
RHUMBLINE ADVISERS $28,026,110 1,182,042 0.25% Shares
VICTORY CAPITAL MANAGEMENT INC $27,755,769 1,170,636 0.25% Shares
Arbejdsmarkedets Tillaegspension $27,596,069 1,163,900 0.25% Shares
Advisors Capital Management, LLC $27,039,846 1,140,440 0.24% Shares
PRINCIPAL FINANCIAL GROUP INC $25,579,890 1,078,865 0.23% Shares
NOMURA ASSET MANAGEMENT CO LTD $24,995,319 1,054,210 0.22% Shares
PINEBRIDGE INVESTMENTS LLC $24,868,115 1,048,845 0.22% Shares
Universal- Beteiligungs- und Servicegesellschaft mbH $23,355,616 985,747 0.21% Shares
FIRST TRUST ADVISORS LP $23,351,399 984,876 0.21% Shares
ADAGE CAPITAL PARTNERS GP, L.L.C. $21,757,078 917,633 0.19% Shares
IEQ CAPITAL, LLC $21,568,082 909,662 0.19% Shares
Susquehanna Portfolio Strategies, LLC $21,133,458 891,331 0.19% Shares
LAZARD ASSET MANAGEMENT LLC $20,920,590 882,353 0.19% Shares
Sophron Capital Management L.P. $20,459,525 862,907 0.18% Shares
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. $20,219,000 852,783 0.18% Shares
MERCER GLOBAL ADVISORS INC /ADV $19,861,084 837,667 0.18% Shares
Asset Management One Co., Ltd. $19,647,469 1,025,442 0.18% Shares
Apollo Management Holdings, L.P. $19,017,080 802,070 0.17% Shares
JANE STREET GROUP, LLC $18,975,113 800,300 0.17% Call option
ALLIANCEBERNSTEIN L.P. $18,956,406 989,374 0.17% Shares
VIRGINIA RETIREMENT SYSTEMS ET Al $18,099,139 1,020,820 0.16% Shares
STATE OF WISCONSIN INVESTMENT BOARD $17,252,012 727,626 0.15% Shares
MARSHALL WACE, LLP $17,207,082 725,731 0.15% Shares
ENVESTNET ASSET MANAGEMENT INC $16,856,500 710,992 0.15% Shares
MACQUARIE GROUP LTD $16,841,332 710,305 0.15% Shares
CAPITOLIS LIQUID GLOBAL MARKETS LLC $16,674,413 703,265 0.15% Shares
Weiss Asset Management LP $16,617,675 700,872 0.15% Shares
Nuveen Asset Management, LLC $15,565,714 888,454 0.14% Shares
VANGUARD ASSET MANAGEMENT, Ltd $15,447,089 651,501 0.14% Shares
JONES FINANCIAL COMPANIES LLLP $15,360,099 612,933 0.14% Shares
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS $15,350,897 647,444 0.14% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $15,209,400 793,810 0.14% Shares
Vanguard Investments Australia, Ltd. $14,874,895 627,368 0.13% Shares
NISA INVESTMENT ADVISORS, LLC $14,602,944 594,961 0.13% Shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC $13,483,965 613,745 0.12% Shares
TWO SIGMA INVESTMENTS, LP $13,432,877 566,549 0.12% Shares
Qube Research & Technologies Ltd $13,146,199 554,458 0.12% Shares
Zurcher Kantonalbank (Zurich Cantonalbank) $13,126,069 553,609 0.12% Shares
SummitTX Capital, L.P. $12,722,573 536,591 0.11% Shares
PFA Pension, Forsikringsaktieselskab $12,621,307 532,320 0.11% Shares
Bank Julius Baer & Co. Ltd, Zurich $12,532,993 502,929 0.11% Shares
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM $12,445,592 524,909 0.11% Shares
O'SHAUGHNESSY ASSET MANAGEMENT, LLC $12,356,348 521,145 0.11% Shares
Hudson Bay Capital Management LP $12,106,942 510,626 0.11% Shares
Illinois Municipal Retirement Fund $11,807,248 497,986 0.11% Shares
Retirement Systems of Alabama $11,628,901 490,464 0.10% Shares
ExodusPoint Capital Management, LP $11,440,288 482,509 0.10% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $10,986,669 463,377 0.10% Shares
NEW YORK STATE COMMON RETIREMENT FUND $10,984,013 463,265 0.10% Shares
D. E. Shaw & Co., Inc. $10,843,176 457,325 0.10% Shares

Company insiders 37 insiders · 20 officers · 18 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
James F Risoleo President and CEO Feb. 17, 2026 F 3,096,034 0 0 $0
Edward W Walter President & CEO Dec. 19, 2016 M 54,420 0 0 $0
Christopher J Nassetta President and CEO April 30, 2007 S 950,949 0 0 $0
Sourav Ghosh EVP, Chief Financial Officer Feb. 17, 2026 F 512,010 0 0 $0
Michael D Bluhm Chief Financial Officer Nov. 6, 2019 F 159,688 0 0 $0
Gregory J Larson EVP & Chief Financial Officer March 17, 2017 S 157,163 0 0 $0
Larry K Harvey EVP and CFO May 21, 2013 M 295,678 0 0 $0
Nathan S Tyrrell EVP, Ch. Investment Officer May 26, 2026 S 682,089 0 4 $-2,031,608
Joseph Ottinger SVP & Corp. Controller May 14, 2026 F 44,661 0 0 $0
Michael E Lentz EVP, Development, D&C Feb. 27, 2026 M 331,536 0 2 $-870,226
Julie P Aslaksen EVP, General Counsel & Sec. Feb. 17, 2026 F 349,219 0 0 $0
Mari Sifo Executive Vice President and Feb. 10, 2025 F 22,624 0 0 $0
Joanne G. Hamilton EVP, Human Resources Feb. 15, 2022 A 185,104 0 0 $0
Brian G Macnamara SVP, Controller Nov. 11, 2020 S 57,987 0 0 $0
Richard E Marriott Chairman of the Board May 15, 2020 G 3,194,711 0 0 $0
Elizabeth A Abdoo EVP & General Counsel Feb. 13, 2019 F 211,822 0 0 $0
Minaz Abji EVP, Asset Management March 1, 2017 M 121,788 0 0 $0
Struan Bryer Robertson Exec. Vice President & CIO May 15, 2015 J 0 0 0 $0
Gerard E. Haberman SVP, Dev, Des & Construction May 14, 2015 J 0 0 0 $0
Pamela K Wagoner Senior Vice President May 14, 2009 J 70,677 0 0 $0
Mary Hogan Preusse Director July 15, 2026 A 13,590 0 0 $0
Gordon H Smith Director July 15, 2026 A 62,075 0 0 $0
Mary Baglivo Director July 15, 2026 A 16,431 0 0 $0
William A Stein Director July 15, 2026 A 12,674 0 0 $0
Diana Laing Director July 15, 2026 A 0 0 $0
Walter C Rakowich Director May 26, 2026 S 76,537 0 1 $-78,043
Herman E Bulls Director May 20, 2026 A 54,806 0 0 $0
John B Morse JR Director April 15, 2022 A 90,418 0 0 $0
Sandeep Mathrani Director May 20, 2021 A 21,516 0 0 $0
Sheila Colleen Bair Director May 15, 2020 D 1,000 0 0 $0
Ann Mclaughlin Korologos Director May 15, 2020 D 116,862 0 0 $0
Terence C Golden Director May 11, 2017 M 0 0 0 $0
Robert M Baylis Director April 15, 2014 A 13,809 0 0 $0
Willard Woodson Brittain JR Director May 10, 2012 J 0 0 0 $0
Judith A Mchale Director May 14, 2009 A 27,298 0 0 $0
Richard A Burton May 11, 2005 J 0 0 0 $0
John A Carnella March 14, 2005 S 0 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 10 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Undisclosed reporting person Sept. 4, 2002 Initial filing SEC
Undisclosed reporting person July 15, 2002 Initial filing SEC
Undisclosed reporting person May 23, 2002 Initial filing SEC
Nov. 28, 2001 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person June 14, 2001 Initial filing SEC
June 1, 2001 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person May 15, 2001 Initial filing SEC
May 4, 2001 Initial filing SEC
Blackstone Real Estate Partners II L.P., Blackstone Real Estate Holdings II L.P., Blackstone Real Estate Partners II.TE.1 L.P., Blackstone Real Estate Partners II.TE.2 L.P., Blackstone Real Estate Partners II.TE.3 L.P., Blackstone Real Estate Partners II.TE.4 L.P., Blackstone Real Estate Partners II.TE.5 L.P., Blackstone Real Estate Partners I L.P., Blackstone Real Estate Partners Two L.P., Blackstone Real Estate Partners Three L.P., Blackstone Real Estate Partners IV L.P., Blackstone RE Capital Partners L.P., Blackstone RE Capital Partners II L.P., Blackstone RE Offshore Capital Partners L.P., Blackstone Real Estate Holdings L.P., CR/RE L.L.C (2), BRE Logan Hotel Inc., BRE/Ceriale L.L.C. (2), RTZ Management Corp. (2), Blackstone Real Estate Associates L.P. (2), Blackstone Real Estate Associates II L.P. (2), Blackstone Real Estate Management II L.P. (2), BREA L.L.C. (2), BREA II L.L.C. (2), Peter G. Peterson (2), Stephen A. Schwarzman (2), John G. Schreiber (2), John Ceriale (2) Feb. 14, 2001 Initial filing SEC
Feb. 2, 2001 Initial filing SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 155 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
SRHR · Elevation Series Trust 4.31% 103,525 NS April 30, 2026 N-PORT
ADPV · Series Portfolios Trust 3.73% 302,503 NS April 30, 2026 N-PORT
REIT · ALPS ETF Trust 3.59% 81,889 NS May 31, 2026 N-PORT
IRET · Tidal Trust II 3.56% 4,465 NS April 30, 2026 N-PORT
RSPR · Invesco Exchange-Traded Fund Trust 3.16% 135,772 Aug. 8, 2026 Daily
SPDV · ETF Series Solutions 2.06% 87,687 NS April 30, 2026 N-PORT
ICF · iShares Trust 1.85% 1,666,685 SH Aug. 8, 2026 Daily
GQRE · FlexShares Trust 1.78% 322,728 NS April 30, 2026 N-PORT
VGSR · Manager Directed Portfolios 1.39% 333,723 NS March 31, 2026 N-PORT
BBRE · J.P. Morgan Exchange-Traded Fund Tr… 1.37% 731,539 NS May 31, 2026 N-PORT
JPRE · J.P. Morgan Exchange-Traded Fund Tr… 1.36% 281,186 NS May 31, 2026 N-PORT
USRT · iShares Trust 1.29% 2,552,144 SH Aug. 8, 2026 Daily
DFAR · Dimensional ETF Trust 1.13% 903,743 NS April 30, 2026 N-PORT
VRAI · ETFis Series Trust I 1.13% 9,837 NS April 30, 2026 N-PORT
RDIV · Invesco Exchange-Traded Fund Trust … 1.10% 655,434 Aug. 8, 2026 Daily
URE · ProShares Trust 1.08% 26,355 NS May 31, 2026 N-PORT
IYR · iShares Trust 1.08% 2,092,220 SH Aug. 8, 2026 Daily
SCHH · SCHWAB STRATEGIC TRUST 1.04% 4,524,389 NS May 31, 2026 N-PORT
NUSC · Nushares ETF Trust 1.03% 627,298 NS April 30, 2026 N-PORT
CVY · Invesco Exchange-Traded Fund Trust 0.99% 52,883 Aug. 8, 2026 Daily
FREL · FIDELITY COVINGTON TRUST 0.98% 670,490 NS April 30, 2026 N-PORT
DRN · Direxion Shares ETF Trust 0.94% 20,914 NS April 30, 2026 N-PORT
IQRA · New York Life Investments Active ET… 0.90% 2,937 NS April 30, 2026 N-PORT
ERET · iShares Trust 0.88% 5,314 SH Aug. 8, 2026 Daily
VNQ · VANGUARD SPECIALIZED FUNDS 0.87% 26,179,418 SH Aug. 8, 2026 Daily
AVRE · AMERICAN CENTURY ETF TRUST 0.87% 305,959 NS May 31, 2026 N-PORT
REET · iShares Trust 0.85% 1,856,963 SH Aug. 8, 2026 Daily
HIDV · AB Active ETFs, Inc. 0.84% 69,969 NS May 31, 2026 N-PORT
SPVM · Invesco Exchange-Traded Fund Trust 0.77% 43,028 Aug. 8, 2026 Daily
DFGR · Dimensional ETF Trust 0.73% 1,215,205 NS April 30, 2026 N-PORT
PPTY · ETF Series Solutions 0.69% 7,403 NS May 31, 2026 N-PORT
AFMC · First Trust Exchange-Traded Fund VI… 0.64% 44,846 NS May 31, 2026 N-PORT
INFO · Harbor ETF Trust 0.64% 232,256 NS April 30, 2026 N-PORT
FNK · First Trust Exchange-Traded AlphaDE… 0.62% 63,632 NS April 30, 2026 N-PORT
IQSM · New York Life Investments ETF Trust 0.60% 89,549 NS April 30, 2026 N-PORT
VMAX · Lattice Strategies Trust 0.58% 12,852 NS April 30, 2026 N-PORT
KRMA · Global X Funds 0.54% 28,043 NS May 31, 2026 N-PORT
QDF · FlexShares Trust 0.53% 536,580 NS April 30, 2026 N-PORT
AFLG · First Trust Exchange-Traded Fund VI… 0.52% 145,481 NS May 31, 2026 N-PORT
ISCV · iShares Trust 0.50% 149,557 SH Aug. 8, 2026 Daily
LSVD · ADVISORS' INNER CIRCLE FUND 0.50% 142,618 NS April 30, 2026 N-PORT
JPUS · J.P. Morgan Exchange-Traded Fund Tr… 0.42% 88,460 NS April 30, 2026 N-PORT
JPME · J.P. Morgan Exchange-Traded Fund Tr… 0.42% 86,886 NS April 30, 2026 N-PORT
CLSE · Trust for Professional Managers 0.41% 110,816 NS May 31, 2026 N-PORT
BKMC · BNY Mellon ETF Trust 0.38% 112,124 NS April 30, 2026 N-PORT
VBR · VANGUARD INDEX FUNDS 0.35% 9,970,453 SH Aug. 8, 2026 Daily
FNX · First Trust Exchange-Traded AlphaDE… 0.30% 189,941 NS April 30, 2026 N-PORT
BBMC · J.P. Morgan Exchange-Traded Fund Tr… 0.30% 283,581 NS April 30, 2026 N-PORT
CSM · ProShares Trust 0.29% 67,000 NS May 31, 2026 N-PORT
SCHM · SCHWAB STRATEGIC TRUST 0.27% 1,731,053 NS May 31, 2026 N-PORT