GetCoattail Research — The Filing Tape #79. Hewlett Packard Enterprise fell about 5.1% on October 14 in Barron's account of a Barclays downgrade, and the filings describe a three-name tracked cohort that cut its stake 52.04% in the second quarter, a full market that added 149.8 million shares, an insider record with zero open-market purchases, no congressional record at all, and a borrow 41.0% below its January 2026 peak.
The Hype
Hewlett Packard Enterprise became a market story on October 14 for the wrong reason. Barron's market-movers coverage recorded the shares down about 5.1% that day, after Barclays cut its rating on HPE — and on Dell and NetApp as well — to Equal Weight from Overweight, judging that no meaningful AI inflection had arrived yet. Barchart's movers summary of the same session likewise put HPE down more than 4%, Dell down more than 6% and NetApp down more than 2% on the downgrade. The cut landed on a stock that, in our own daily-close file, had already run hard: the file ends earlier, on October 2, at $69.33 — itself the 252-session closing high, up 188.6% year to date on that file, after an 89.5% rise in the second quarter alone. The filings below ask a prior question: who held the stock before the downgrade was written.
The Tape
For Hewlett Packard Enterprise — the seventy-ninth Filing Tape audit — the tape shows a three-name tracked cohort whose share count fell 52.04% in the second quarter even as the full market added 149,752,865 shares, an insider record containing no open-market purchase at all against 41 sales, no congressional record in any aggregate, a 5% register that is entirely passive filings peaking at 8.9%, and a borrow 41.0% below its series maximum.
| Lens | As of | What the filings show | Direction vs prior period |
|---|---|---|---|
| Superinvestors (13F) | Jun 30, 2026 | 3 long holders; 832,602 shares; $37,558,677 | Holders 2 → 3; shares −52.04% as both continuing holders cut |
| All institutions (13F) | Jun 30, 2026 | 1,442 filers; 1,173,958,422 shares | Filers +340; shares +14.62% |
| Insiders (Form 4) | Oct 2, 2026 | 0 purchases in the full parsed record; last 90 days: 5 sales | No purchase in any window of the record |
| Congress | Oct 3, 2026 | No record in the combined, House or Senate aggregates | No row in any aggregate |
| 13D/G | Apr 30, 2026 | 4 parsed filings (all SC 13G-family); register maximum 8.9% (BlackRock) | Latest filing reports 7.52% as of Mar 31, 2026 |
| Short interest (FINRA) | Sep 15, 2026 | 55,958,000 shares; 4.22% of shares outstanding | Up 20.1% year over year; 41.0% below the series maximum |
Lens 1 — the superinvestors: three holders, and the top one is nine-tenths. We track 83 large, mostly long-only managers whose 13F portfolios we collect directly from SEC EDGAR. As of June 30, 2026, 3 held Hewlett Packard Enterprise long, totalling 832,602 shares worth $37,558,677, with no option rows — every row on the single CUSIP. John Rogers - Ariel Investments holds 751,355 shares worth $33,893,624 — 90.2% of the cohort's position — at a 0.34% weight, and it decreased 54.7% in the quarter. Behind it sit Dodge & Cox Funds (63,450 shares, decreased 17.3%) and Lee Ainslie - Maverick Capital (17,797 shares, new in the quarter). Both continuing holders decreased, one manager entered, and no tracked manager exited. On a cohort basis — each manager's pipeline row matched by its EDGAR total value, with the implied changes matching the collection's labels exactly — the cohort held 1,736,152 shares at March 31 and 832,602 at June 30, down 903,550 shares (−52.04%). Ariel's cut alone, from 1,659,398 shares to 751,355, is 908,043 shares — more than the cohort's whole net decline, partly offset by Maverick's new 17,797-share position. The implied price, $45.11, sits exactly on the June 30 close. 13F figures are as of June 30, 2026; funds have up to 45 days to file, so this picture is complete — and always lagging.
Lens 2 — institutions: 340 more filers, 149.8 million more shares. At June 30, 2026, 1,442 institutions reported positions, up 340 from 1,102 at March 31 (+30.85%), 1,432 of them long. Reported shares rose 14.62%, from 1,024,205,557 to 1,173,958,422 shares. Reported value rose 116.53% to $52,903,999,889; the aggregate includes option rows, so we headline filer and share counts and label dollars "reported" (see methodology). The name reports under a single CUSIP, and the by-CUSIP row matches the by-ticker totals exactly on every field. The full market added shares at a pace the tracked cohort did not join — the cohort's entire position is 832,602 shares, and it shrank by more than half.
Lens 3 — insiders: no purchase in the entire parsed record. The parsed Form 4 record holds 143 filings through October 2, 2026, and zero purchase transactions — in the last 90 days, in the last year, and across the full record — with zero officer purchases in every window. The 90-day window holds 5 sale transactions totalling 325,131 shares and $19,307,415.22, by 4 sellers, 4 of the 5 of them officer sales. Across the last year the record holds 29 sales totalling 1,651,855 shares and $54,008,156.77, by 12 sellers, 25 of the 29 of them officer sales; across the full record, 41 sales totalling 2,371,169 shares and $70,211,718.37, by 13 sellers, 35 of the 41 of them officer sales. The site's own insider aggregate, compiled over the same 90-day window, matches the full parse exactly. We assign no motives; this is a register of sales with an empty purchase column, and this audit describes it as exactly that.
Lens 4 — Congress: no record at all. The combined record (as of October 3, 2026) carries no Hewlett Packard Enterprise row. The House aggregate (as of October 3, 2026) carries no row, and the Senate aggregate (as of October 1, 2026) carries no row either. There is no purchase, no sale, no member and no date to report from our congressional collections for this name.
Lens 5 — the 5% register: four filings, all passive, four reporting names. Our full parse holds exactly 4 SC 13D/G filings — two SC 13G and two SC 13G/A amendments, with no SC 13D-family filing at all — 4 reporting-person rows across 4 names, most recently filed April 30, 2026, matching the site aggregate's ticker-keyed row on every headline field. The register's maximum is BlackRock, Inc. reporting 118,699,078 shares (8.9%) as of December 31, 2025. The remaining rows carry Vanguard reporting names, printed here exactly as filed and not combined: The Vanguard Group reports 0 shares (0.0%) as of March 13, 2026; Vanguard Portfolio Management reports 74,077,721 shares (5.58%) as of March 31, 2026; and Vanguard Capital Management reports 99,882,727 shares (7.52%) as of March 31, 2026. There is no activist filer in this register at all.
Lens 6 — short interest: 55,958,000 shares, well under the peak, above a year ago. As of September 15, 2026 — the most recent of 137 FINRA settlements since January 15, 2021 — 55,958,000 shares were sold short, up 1.18% from the prior settlement. The series maximum, 94,785,356 shares on January 30, 2026 — verified by a maximum query over the whole series — leaves the latest 41.0% below it. The last five settlements read 65,104,946, 65,183,825, 59,572,842, 55,304,252 and 55,958,000. Against the year-ago 46,587,551 shares the latest is up 20.1%; against the June 30, 2026 settlement of 67,772,233 it is down 17.4%. Against 1,327,464,779 shares outstanding, it is 4.22% of the share count, at 1.58 days to cover.
The Gap
The narrative, as the downgrade coverage frames it, is a waiting question: the AI payoff has not yet shown up as a meaningful inflection, so a stock that had risen 89.5% in the second quarter and 53.7% more since quarter-end — on our price file, through October 2 — fell about 5.1% on October 14. The filings describe who held the stock before that question was asked, and the two ownership lenses point in opposite directions. The full market held 1,173,958,422 reported shares at June 30, up 149,752,865 shares (+14.62%), as its filer count rose by 340 to 1,442. The tracked cohort held 832,602 shares and cut 52.04% of them: both continuing holders decreased, the largest holder cut 54.7%, and the quarter's only entry was a new 17,797-share position. The 5% register holds no activist at all — passive filings whose reported maximum, 8.9%, dates to December 31, 2025. Insiders have recorded no open-market purchase in the parsed record against 41 sales, and sold $19,307,415.22 in the last 90 days. Congress has no record for this name in any aggregate. The borrow, at 55,958,000 shares and 4.22% of the share count, is well below its January 2026 peak but a fifth higher than a year ago. One plausible reading is that broad accumulation and a rising price carried the register while the tracked cohort concentrated into a single, shrinking position and the company's own officers sold into the same quarters. The record supports each clause separately; it does not say which side the next quarter favours.
What Would Change the Picture
Nothing above is a recommendation. It is a record. These filings would change the description:
- 1. The 2026Q3 13Fs (filing window closing mid-November 2026). The cohort held 832,602 shares at June 30 — three holders, 90.2% of it in Ariel Investments' position. Ariel adding or trimming moves this lens on its own; so does any follow-through on Maverick Capital's new 17,797-share entry, opened in a quarter when both continuing holders cut.
- 2. A first insider purchase — the record currently has none. The parsed record holds zero purchase transactions across 143 filings, in every window. A single purchase breaks a register that currently has an empty column.
- 3. A fresh 5% print, or any SC 13D at all. The register's latest filing is dated April 30, 2026 and reports 7.52% as of March 31, 2026; its maximum, BlackRock's 8.9%, is as of December 31, 2025, and every filing in the parse is passive. An activist 13D would be this lens's first.
- 4. Whether the borrow rebuilds toward its January 2026 level, or fades toward its low. Short interest stands at 55,958,000 shares, 41.0% below the series maximum of 94,785,356. A reading back above the June 30 print of 67,772,233 extends a rebuild; a reading below the series minimum of 20,756,217 sets a new series low.
- 5. A first congressional record of any kind. The combined, House and Senate aggregates carry no row for this name at all. A single reported purchase or sale gives this lens its first entry in any column.
As-of & Limits
The lenses rest on different clocks, none live: 13F is a June 30, 2026 snapshot published up to 45 days later; Form 4 runs through October 2, 2026; Congress through October 3, 2026 (Senate through October 1, 2026); 13D/G through the April 30, 2026 filing; short interest through September 15, 2026; our price file ends October 2, 2026. Two limits are specific to this name. First, the October 14 downgrade — the reason for the search interest — postdates every lens here, and the downgrade-day price move is known to this audit only from outside coverage, not from our own price file, so nothing in the tape yet reflects positioning after it. Second, the congressional lens is an absence in our aggregates, reported as such: our combined, House and Senate collections carry no row for this name.
Related reading: Six of 83: ValueAct Is 67.0% of the Superinvestors' BlackRock Stake. Its Insiders Have Never Bought a Share. — Filing Tape #78; Twelve of 83: One Holder Is 47.7% of the Superinvestors' Johnson & Johnson Stake. Its Insiders Have Bought Once. — Filing Tape #77; Five of 83: Viking Is 70.9% of the Superinvestors' Morgan Stanley Stake. Its Insiders Have Never Bought a Share. — Filing Tape #76. Hewlett Packard Enterprise's own page: Hewlett Packard Enterprise (HPE) on GetCoattail.
Methodology and data notes
- Superinvestor lens: 83 managers collected directly from SEC EDGAR Form 13F (managers_13f collection), positions as of June 30, 2026; Hewlett Packard Enterprise identified by its single CUSIP 42824C109. Three distinct managers hold long positions totalling 832,602 shares; there are no option rows for this name in the collection. The direction count on the collection's labels, across the long rows, is two DECREASED (Dodge & Cox Funds, John Rogers - Ariel Investments) and one NEW (Lee Ainslie - Maverick Capital); the collection's exit list carries no Hewlett Packard Enterprise row. John Rogers - Ariel Investments' share of the cohort is 90.2% = 751,355 / 832,602. Quarter-to-quarter cohort totals require care in this audit: the site pipeline's holdings files now cover 147 accessions (an expanded roster), so their CUSIP totals — 24,990,994 shares in 3 rows at March 31 and 8,818,166 shares in 5 rows at June 30, a change of −64.71% — are not the 83-manager cohort; the second-quarter file carries two rows outside the EDGAR collection totalling 7,985,564 shares (7,781,642 and 203,922), and the first-quarter file carries one such row of 23,254,842 shares. The cohort comparison printed in this audit (1,736,152 long shares at March 31, in the 2 rows of the managers who continued into the second quarter; 832,602 long shares at June 30, a change of −903,550 shares or −52.04%) is built manager by manager: each cohort manager's pipeline row was matched by the manager's EDGAR total portfolio value, and the changes implied by the matched rows (Ariel Investments −54.7%, from 1,659,398 shares to 751,355; Dodge & Cox Funds −17.3%, from 76,754 shares to 63,450) match the EDGAR collection's change labels exactly; Maverick Capital is labelled NEW and has no first-quarter row. Ariel Investments' quarter move (−908,043 shares) is larger than the cohort's net change because Maverick Capital added 17,797 shares in the same quarter while Dodge & Cox Funds trimmed 13,304.
- Full-market lens: SEC Form 13F Data Sets full-market aggregation. The primary table is the full13f collection's by-ticker file (holders = distinct filers reporting the CUSIP; 1,432 reported long positions out of 1,442 filers). Hewlett Packard Enterprise reports under a single CUSIP, 42824C109, and the backfill fixtures' by-CUSIP row matches the by-ticker row exactly on holders, long holders, shares, reported value, prior holders and prior value. The by-ticker file's entered/exited fields (1,252 and 912, a net of +340 that matches the change in holder count) are gross flows, so this audit headlines the net change. Reported-value caution: the aggregate value ($52,903,999,889 over 1,173,958,422 shares) implies $45.06 per share against a June 30, 2026 close of $45.11 in our price file, a gap of −0.1% — printed here as found. The aggregate sums the VALUE of every information-table row — including put and call option rows — while the share count covers long common-stock rows only, so we headline filer and share counts and label dollar values "reported."
- Insider lens: full-parse Form 4 aggregation (agg_by_ticker), record as of October 2, 2026 (143 filings). Sale and purchase counts are transaction-code counts (S and P) in non-derivative rows; grants and exercises are not counted as purchases, and one filing can contain many transaction rows. Purchase transactions total zero in the full parsed record — zero in the 90-day window (July 5 to October 2, 2026), zero in the one-year window and zero across the record, with zero officer purchases in every window. Sale transactions total 5 in the last 90 days (325,131 shares, $19,307,415.22, 4 sellers, 4 of the 5 of them officer sales), 29 in the last year (1,651,855 shares, $54,008,156.77, 12 sellers, 25 of the 29 officer sales) and 41 across the parsed record (2,371,169 shares, $70,211,718.37, 13 sellers, 35 of the 41 officer sales). The site's insider aggregate (compiled as of October 14, 2026, over a 90-day window) matches the full parse's 90-day window exactly on purchases (0), sales (5), sellers (4) and sale value ($19,307,415.22). The full-parse aggregate's sale-value totals imply $59.38 per share for the 90-day window, $32.70 for the one-year window and $29.61 for the full record, each inside the traded price range of its window on our price file ($43.15 to $69.33 for the 90-day window, $20.00 to $69.33 for the one-year window, and $11.98 to $69.33 across the price file), so the sale totals are cited as figures in this article. "Never bought" in this audit means zero purchase transactions in the parsed Form 4 record we maintain; it is a statement about that record, not about any individual's complete history.
- 13D/G lens: full-parse SC 13D/G parsed filings (4 filings matching issuer CIK 1645590 on CUSIP 42824C109: two SC 13G and two SC 13G/A filings, the latter amendments, with no SC 13D-family filing), filings through April 30, 2026. The site aggregation carries this name under a ticker-keyed row; that row (4 filings, 0 D-filings, 4 G-filings, 2 amendments, 4 reporters, latest date April 30, 2026, maximum 8.9% and 292,659,526.0 reported shares) matches the parsed filings on filings, form mix, amendments, latest date, maximum and reported-share total. The parsed reporting-person rows sum to 292,659,526.0 shares, but that total sums reporting-person rows across different dates, so it is not used as a stake figure in the article. The rows are reported as filed, under the names exactly as they appear: BlackRock, Inc. printing 118,699,078 shares at 8.9% as of December 31, 2025, filed January 21, 2026 as SC 13G/A; The Vanguard Group printing 0 shares at 0.0% as of March 13, 2026, filed March 27, 2026 as SC 13G/A; Vanguard Portfolio Management printing 74,077,721 shares at 5.58% as of March 31, 2026, filed April 29, 2026 as SC 13G; and Vanguard Capital Management printing 99,882,727 shares at 7.52% as of March 31, 2026, filed April 30, 2026 as SC 13G. The three Vanguard reporting names are separate rows as filed and are not combined in this audit. The parsed coverage for this issuer holds these 4 filings; a 5% holder that has not filed in the covered window would not appear here.
- Congress lens: Senate PTR archive and House PTR archive as maintained on this site. The combined record (as of October 3, 2026) has no Hewlett Packard Enterprise row; the House aggregate (as of October 3, 2026) has no row; the Senate aggregate (as of October 1, 2026) has no row. This audit reports the absence exactly as the aggregates stand and does not fill the lens with figures from outside those collections.
- Short interest lens: FINRA Equity Short Interest files (biweekly settlement dates), collected directly from FINRA's public distribution. The published series covers 137 settlements from January 15, 2021 (first settlement in the series, 25,745,984 shares) to September 15, 2026. The latest reading is 55,958,000 shares on September 15, 2026, up 1.18% from the prior settlement (55,304,252 on August 31, 2026). The series maximum is 94,785,356 shares on January 30, 2026 (verified by a maximum query over the series, not read off the latest row), so the latest reading sits 41.0% below the maximum. The year-ago settlement (September 15, 2025) printed 46,587,551 shares, so the latest reading sits 20.1% above a year ago. The series minimum is 20,756,217 shares on August 30, 2024. The June 30, 2026 settlement printed 67,772,233 shares, so the latest reading sits 17.4% below the 13F snapshot date's borrow. FINRA publishes each settlement about two weeks after the fact, so the October price action is not yet in this series. The share-count ratio (4.22%) uses the fundamentals file's shares-outstanding figure below.
- Fundamentals note: our fundamentals collection carries Hewlett Packard Enterprise's revenue of $34,296,000,000, net income of $57,000,000 and assets of $75,906,000,000, each labelled fiscal 2025 in the file. The file is marked ok for this name, with no missing fields: shares outstanding of 1,327,464,779 (as of August 27, 2026 in the file, sourced in the file to the share count) and a file-computed market value of $93,559,722,080.13. The file does not flag the issuer as a foreign private issuer, and it carries SIC 3570, Computer & office Equipment. The file's price for the name is $70.48 as of October 6, 2026; our daily-close file ends October 2, 2026 at $69.33, and we keep the two files' figures separate rather than blending them.
- Prices: our own daily-close file for Hewlett Packard Enterprise through October 2, 2026 ($69.33 close, +188.6% year to date on that file; the last close is itself the 252-session closing high, so it sits 0.0% below it; 252-session closing low $20.00 on February 23, 2026, so the last close sits 246.6% above it; closes of $23.81 at March 31, 2026 and $45.11 at June 30, 2026, a second-quarter change of +89.5%; change from June 30 to October 2 of +53.7%; change from the September 30, 2025 close of $24.56 of +182.3%). The series in our price file begins June 1, 2021 at $16.09 and holds 1,342 rows.
- Market context sources: Google Trends United States mirrors (checked October 15, 2026; a mirror's top ten entries were non-stock topics, and a search-cache snapshot's stock queries — NBIS, Dell and Netflix — were all names already audited in this series, so the selection moved to the next source); Barron's October 14 market-movers coverage (checked October 15, 2026; among the names in its headline — CoreWeave, HPE, Dell, Bank of America, Morgan Stanley and Bending Spoons — HPE was the highest-ranked name not yet audited in this series and not previously set aside; the same coverage recorded HPE down about 5.1% on October 14 after Barclays cut HPE, Dell and NetApp to Equal Weight from Overweight, judging that no meaningful AI inflection had arrived yet); Barchart's October 14 movers summary (checked October 15, 2026; it likewise put Dell down more than 6%, HPE down more than 4% and NetApp down more than 2% on the same downgrade). Figures we could not confirm against two sources were left out; the external items above are reported speech from those outlets, not GetCoattail measurements.
- Hewlett Packard Enterprise is in the GetCoattail stock-page universe: Hewlett Packard Enterprise (HPE) stock page. Series data: hpe_lens_data.csv · hpe_short_interest_series.csv. Earlier audits: BlackRock · Johnson & Johnson.
Past patterns are not a promise of future results. For education only — not investment advice.
This article describes public filings as of the dates stated. It is not investment advice and makes no recommendation. Filings lag reality: 13F positions are as of June 30, 2026, and later trading is not yet public.
Revision history
- v1.0 — October 15, 2026: first publication.