Supply breakdown
Shares as of Aug 20, 2026| Category | Shares | % | Value | Status |
|---|---|---|---|---|
| Circulating | 82.72M | 100.0% | $7.47B | Estimated |
| Free float | - | - | - | Unavailable |
| Insider-held, unrestricted | - | - | - | Unavailable |
| Locked team funds | - | - | - | Unavailable |
| Other restricted (unlisted classes only) | - | - | - | Unavailable |
| Total outstanding | 82.72M | 100.0% | $7.47B | Verified |
| Ownership views (overlap the categories above, never added) | ||||
| Institutional holdings (13F; over 100%, double counted) | 89.72M | 108.5% | $8.10B | Estimated |
| Insider-held, all (Forms 3, 4, 5) | - | - | - | Unavailable |
Institutional and insider holdings can include both tradable and locked shares, so they are shown for reference and never added to the total. Check: no class has more shares deducted than it has outstanding, and the review found no shares that may be counted twice: reconciles.
Valuation
- Traditional$7.47B
- Fully diluted$7.53B
- Circulating$7.47B
- Free float-
- Locked team value$0
- Other restricted value$0
Locked and restricted shares
Not reviewed yet.
Institutional holders
13F, quarter ended Jun 30, 2026| Holder | Shares | % of total |
|---|---|---|
| BlackRock, Inc. | 11.28M | 13.63% |
| WASATCH ADVISORS LP | 7.96M | 9.62% |
| MORGAN STANLEY | 4.55M | 5.50% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 4.06M | 4.91% |
| VANGUARD CAPITAL MANAGEMENT LLC | 3.64M | 4.40% |
| STATE STREET CORP | 3.24M | 3.92% |
| GEODE CAPITAL MANAGEMENT, LLC | 2.37M | 2.87% |
| AQR CAPITAL MANAGEMENT LLC | 2.00M | 2.42% |
| DIMENSIONAL FUND ADVISORS LP | 1.87M | 2.26% |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 1.77M | 2.14% |
Sum of long share positions in Form 13F reports for the quarter. 13F covers managers with over $100M in US equities; some positions are reported by more than one filer. The total is 108% of shares outstanding, so it counts some shares twice: positions reported by more than one manager, and lent shares that appear at both the lender and the buyer. Read it as an upper bound.
Insiders
Forms 3, 4 and 5Form 4 aggregation pending
Share classes
| Class | Listing | Shares outstanding | As of |
|---|---|---|---|
| Common stock | HQY on Nasdaq | 82,715,296 | Aug 20, 2026 |
Notes and sources
- HEALTHEQUITY, INC. 10-Q for period ended 2026-07-31, Cover page (0001428336-26-000041)
- SEC public float (non-affiliates): $7.00B as of Jul 31, 2025, from the 10-K cover. It is a dollar value at a past date, not circulating supply.