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HCI on NYSE

HCI Group, Inc.

American fire company based in Tampa, incorporated in Florida2

In its 2026 annual report the company says: “We provide various homeowners’ property and casualty insurance products for properties located in the State of Florida, which is our primary market, as well as in other states in the northeast and southeast regions of the United States. Our insurance operations are supported by other insurance-related subsidiaries within the consolidated group.”5 Its shares trade on NYSE under the symbol HCI.2

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Last updated Oct 21, 2026.

Overview

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  • TickerHCI on NYSE2
  • IndustryFire, Marine & Casualty Insurance2
  • HeadquartersTampa, United States2
  • Incorporated inFL3
  • Business address3802 Coconut Palm Drive, Tampa, Fl 336193
  • Filer categoryLarge accelerated filer3
  • Legal formProfit Corporation2
  • LEI549300CZF7EZJH0MPH742
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O F&L Corp., 32202 Jacksonville, United States2
  • Registered withFlorida Division of Corporations, P060001486522

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HCI Group, Inc., together with its subsidiaries (collectively, “we,” “our,” “us,” the “Company,” or “HCI”), is primarily engaged in the property and casualty insurance business. We provide various homeowners’ property and casualty insurance products for properties located in the State of Florida, which is our primary market, as well as in other states in the northeast and southeast regions of the United States (“U.S.”).5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

33.2%Net margin6
20.1%Revenue growth, 20256
28.7%Return on equity6
$440.8MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Insurance Operation brought in 72% of the revenue HCI Group, Inc. broke down this way in fiscal 2025.

  1. Insurance Operation$834.4M672%up 16% from 2024
  2. Exzeo Group Inc$221.3M619%up 65% from 2024
  3. Reciprocal Exchange Operation$65.5M66%up 113% from 2024
  4. Corporate Segment and Other Operating$23.6M62%down 10% from 2024
  5. Real Estate, Operations$14.8M61%up 5% from 2024
Business segments by year
Business segments202320242025
Insurance Operation$544.6M$717.3M$834.4M
Exzeo Group Inc$88.4M$134.5M$221.3M
Reciprocal Exchange Operation$0$30.8M$65.5M
Corporate Segment and Other Operating$10.4M$26.3M$23.6M
Real Estate, Operations$18.7M$14.1M$14.8M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs55¢$493.0M
  • Income tax12¢$108.9M
  • Profit33¢$299.0M

Out of $900.9M in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Capital spending1¢$3.6M
  • Dividends paid4¢$19.3M
  • Share buybacks0¢$1.5M
  • Kept or used elsewhere94¢$420.0M

Out of $444.4M of cash from operations.6

Financial statements

Revenue789106$900.9M in 2025+272% since 2019
0$250.0M$500.0M$750.0M$1.0B2019: $242.5M$242.5M20192020: $310.4M$310.4M2020+28%2021: $407.9M$407.9M2021+31%2022: $499.6M$499.6M2022+22%2023: $550.7M$550.7M2023+10%2024: $750.1M$750.1M2024+36%2025: $900.9M$900.9M2025+20%
Net income789106$299.0M in 2025+1025% since 2019
-$100.0M0$100.0M$200.0M$300.0M2019: $26.6M$26.6M20192020: $27.6M$27.6M2020+4%2021: $1.9M$1.9M2021−93%2022: -$58.5M-$58.5M20222023: $79.0M$79.0M20232024: $110.0M$110.0M2024+39%2025: $299.0M$299.0M2025+172%

Every line of the income statement as filed: the last 3 fiscal years (annual) or 12 quarters (quarterly), latest first.6

Period ending2025-12-312024-12-312023-12-31
Gross premiums earned$1.2B$1.1B$765.5M
Premiums ceded-$414.5M-$405.7M-$269.6M
Net premiums earned$821.7M$677.6M$495.9M
Net investment income$65.4M$59.1M$46.2M
Net realized investment gains (losses)$2.8M$3.4M-$2.0M
Net unrealized investment gains$123.0K$2.6M$3.2M
Policy fee income$6.9M$4.6M$4.7M
Other$4.1M$2.7M$2.6M
Total revenue$900.9M$750.1M$550.7M
Losses and loss adjustment expenses$241.8M$374.7M$254.6M
Policy acquisition and other underwriting expenses$122.4M$99.4M$90.8M
General and administrative personnel and other operating expenses$72.1M$63.2M$53.9M
Interest expense$9.2M$13.3M$11.1M
Other operating expenses$26.1M$26.0M$22.6M
Total expenses$471.6M$576.6M$433.0M
Income (loss) before income taxes$429.3M$173.4M$117.7M
Income tax expense$108.9M$45.8M$28.4M
Net income$320.4M$127.6M$89.3M
Net income attributable to redeemable noncontrolling interests (Note 18)$0-$10.1M-$9.4M
Net income attributable to noncontrolling interests-$21.4M-$7.5M-$853.0K
Net income after noncontrolling interests$299.0M$110.0M$79.0M
Basic earnings per share$24.58$10.59$9.13
Diluted earnings per share$22.72$8.89$7.62

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Corporate structure

HCI Group, Inc. sits at the top of its group. 51 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of HCI Group, Inc.

  • HCI Group, Inc. Tampa, Florida, United States
    • Exzeo Group, Inc. Stake · Tampa, Florida
    • Big Bend Lincoln SWC, LLC Subsidiary · Florida, United States
    • Carillon Property Holdings, LLC Subsidiary · Florida, United States
    • Century Park Holdings, LLC Subsidiary · Florida, United States
    • Claddaugh Casualty Insurance Company Ltd. Subsidiary · Bermuda
    • Coconut Palm Property Holdings, LLC Subsidiary · Florida, United States
    • Core Risk Managers, LLC Subsidiary · Florida, United States
    • Corporate Oaks Property Holdings, LLC Subsidiary · Florida, United States
    • Cypress Claims Services, Inc. Subsidiary · Florida, United States
    • Cypress Property Management Services, Inc. Subsidiary · Florida, United States
    • Cypress Tech Development Company, Inc. Subsidiary · Florida, United States
    • Dark Horse Re, LLC Subsidiary · Florida, United States
    • Enclave Services, Inc. Subsidiary · Florida, United States
    • Exzeo Group, Inc. Subsidiary · Florida, United States
    • Exzeo Insurance Services, Inc. Subsidiary · Florida, United States
    • Exzeo Software Private Limited Subsidiary · India
    • Exzeo USA, Inc. Subsidiary · Florida, United States
    • FMKT MEL OWNER, LLC Subsidiary · Florida, United States
    • Fortex Reinsurance SPC, Ltd. Subsidiary · Cayman Islands
    • Gators on the Pass Holdings, LLC Subsidiary · Florida, United States
    • Green Street JV, LLC Subsidiary · Florida, United States
    • Greenleaf Capital LLC Subsidiary · Florida, United States
    • Greenleaf Essence, LLC Subsidiary · Florida, United States
    • Griston Claim Management, Inc. Subsidiary · Florida, United States
    • Griston Claim Services, Inc. Subsidiary · Florida, United States
    • and 25 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G; stakes of 5% or more it reported on Schedules 13D and 13G (1 companies). Each entity in the chart links to its source.

What it owns

What HCI Group, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Construction in progress$17.4M10 Dec 31, 2024$5.5M10 Dec 31, 2023+213.9%
Property and equipment, before depreciation$53.5M6 Dec 31, 2025$50.0M6 Dec 31, 2024+7.0%
Accumulated depreciation$24.6M6 Dec 31, 2025$20.4M6 Dec 31, 2024+20.2%
Property and equipment, net$28.9M6 Dec 31, 2025$29.5M6 Dec 31, 2024−2.0%
Operating-lease assets (leased space)$1.2M10 Dec 31, 2024$1.4M10 Dec 31, 2023−16.0%

Real estate and locations

ItemLatestA year beforeChange
Real estate investments, at cost$113.2M6 Dec 31, 2025$86.6M6 Dec 31, 2024+30.7%
Real estate accumulated depreciation$9.4M6 Dec 31, 2025$7.5M6 Dec 31, 2024+25.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.2B6 Dec 31, 2025$532.5M6 Dec 31, 2024+127.3%
Debt securities available for sale$597.3M6 Dec 31, 2025$718.5M6 Dec 31, 2024−16.9%
Equity securities at fair value$65.9M6 Dec 31, 2025$56.2M6 Dec 31, 2024+17.2%

Intangibles and goodwill

ItemLatestA year beforeChange
Finite-lived intangibles, gross$12.6M6 Dec 31, 2025$12.6M6 Dec 31, 20240%
Accumulated amortization$10.0M6 Dec 31, 2025$7.4M6 Dec 31, 2024+34.0%
Finite-lived intangibles, net$2.7M6 Dec 31, 2025$5.2M6 Dec 31, 2024−48.5%

Properties, in its own words

Real Estate Owned and Used in Operations

Tampa, Florida. Coconut Palm. The real estate consists of 10.4 acres of land and a two-story office building with gross area of approximately 64,850 square feet and currently serves as HCI Group, Inc.’s corporate headquarters.

The rest of Item 2

Tampa, Florida. Century Park. The real estate consists of 6.2 acres of land and a four-story office building with gross area of approximately 68,908 square feet and currently serves as Exzeo’s corporate headquarters. As of December 31, 2025, this property serves as collateral to a 4.55% promissory note of $4.1 million which matures in August 2036.

Ocala, Florida. Silver Springs. The real estate consists of 1.5 acres of land and a two-story office building with gross area of approximately 12,896 square feet. The facility is 100% designated as an auxiliary office for Exzeo.

Tierra Verde, Florida. Tierra Verde. The real estate consists of 7.1 acres of waterfront property, a dry rack storage building with gross area of 57,500 square feet, and two buildings with retail space having an aggregate gross area of approximately 23,912 square feet. This marina facility is owned and operated by us. Approximately 6% of the available retail space is occupied as our marina office and 33% of the retail space is leased to non-affiliates. We are currently assessing redevelopment opportunities for this property.

Treasure Island, Florida. Treasure Island. The real estate consists of approximately 9.1 acres of waterfront property, a restaurant, and a marina facility. The marina facility is currently owned and operated by us. The restaurant facility is leased to an unrelated party that operates several restaurants in the area.

Riverview, Florida. Riverview Station. The real estate consists of 2.3 acres of land with a gas station and a retail shopping center with 12,945 of rentable space. The entirety of this property is leased to non-affiliates.

Clearwater, Florida. Clearwater Market. The real estate consists of 6.1 acres of land and a retail shopping center with 58,692 square feet of rentable space. The shopping center is anchored by an ALDI supermarket. Approximately 94% of the rentable space is leased to non-affiliates and the remaining space is available for lease. As of December 31, 2025, this property serves as collateral to a 5.50% promissory note of $11.4 million which matures in July 2033.

Tampa, Florida. Westview. We own approximately 8.6 acres of undeveloped land that we acquired in February 2019.

Haines City, Florida. Shops at the Grove. The real estate consists of approximately 15.5 acres of land and a retail shopping center with 60,748 square feet of rentable space. The shopping center is anchored by a Publix supermarket. Approximately 94% of the rentable space is leased to non-affiliates and the remaining space is available for lease. As of December 31, 2025, this property serves as collateral to a 5.65% promissory note of $16.9 million which matures in August 2035.

Tampa, Florida. Corporate Oaks. The real estate consists of 10.4 acres of land and three three-story office buildings with gross area of approximately 189,147 square feet. The entirety of this property is leased to the Government Employee Insurance Company (“GEICO”).

St. Petersburg, Florida. Carillon Park. The real estate consists of 12.4 acres of land and two two-story office buildings with gross area of approximately 179,723 square feet. The rentable space is unoccupied and is currently being marketed for lease to non-affiliated tenants.

Leased Property

Noida, India. We lease 15,000 square feet of office space for our information technology operations for Exzeo. The lease is scheduled to expire on January 31, 2031.

Plantation, Florida. We lease approximately 5,700 square feet of office space for our claims related administration. The lease is scheduled to expire on May 31, 2028.

We believe all of our properties are adequate and suitable for our business and are adequately maintained.

Item 2 of the 10-K filed Feb 26, 2026.5

Leadership

Who has led HCI Group, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Francis Xavier McCahill Iii.2008–2011
  2. Paresh Patel2011–now

Chair

  1. Paresh Patel2009–2011

President

  1. Francis Xavier McCahill Iii.2008–2011
  2. Scott R. Wallace2012–2015
  3. Anthony Saravanos2013–now

Chief financial officer

  1. Richard R. Allen2008–2017
  2. James Mark Harmsworth2017–now

Chief operating officer

  1. Karin Sue Coleman2021–now
2010201520202025
Board members and other officers (20)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Big Bend Lincoln SWC, LLC Florida4
  • Carillon Property Holdings, LLC Florida4
  • Century Park Holdings, LLC Florida4
  • Claddaugh Casualty Insurance Company Ltd. Bermuda4
  • Coconut Palm Property Holdings, LLC Florida4
  • Core Risk Managers, LLC Florida4
  • Corporate Oaks Property Holdings, LLC Florida4
  • Cypress Claims Services, Inc. Florida4
  • Cypress Property Management Services, Inc. Florida4
  • Cypress Tech Development Company, Inc. Florida4
  • Dark Horse Re, LLC Florida4
  • Enclave Services, Inc. Florida4
  • Exzeo Group, Inc. Florida4
  • Exzeo Insurance Services, Inc. Florida4
  • Exzeo Software Private Limited India4
  • Exzeo USA, Inc. Florida4
  • FMKT MEL OWNER, LLC Florida4
  • Fortex Reinsurance SPC, Ltd. Cayman Islands4
  • Gators on the Pass Holdings, LLC Florida4
  • Green Street JV, LLC Florida4
  • Greenleaf Capital LLC Florida4
  • Greenleaf Essence, LLC Florida4
  • Griston Claim Management, Inc. Florida4
  • Griston Claim Services, Inc. Florida4
All 49 listed subsidiaries
  • Grove Haines City, LLC Florida4
  • Gulf To Bay LM, LLC Florida4
  • HCI Insurance Administration Services, Inc. Florida4
  • HCPCI Holdings, LLC Florida4
  • Homeowners Choice Managers, Inc. Florida4
  • Homeowners Choice Property & Casualty Insurance Company, Inc. Florida4
  • JP Beach Holdings, LLC Florida4
  • John’s Pass Marina Investment Holdings, LLC Florida4
  • Lamba Insurance Group, Inc. Florida4
  • Melbourne FMA, LLC Florida4
  • Omega Insurance Agency, Inc. Florida4
  • Pass Investment Holdings, LLC Florida4
  • Sage Property Advisors, LLC Florida4
  • Silver Springs Property Investments, LLC Florida4
  • Sorrento PBX, LLC Florida4
  • Southern Administration, Inc. Florida4
  • Surplus Note 25, LLC Florida4
  • TI Marina Company, Inc. Florida4
  • TV Investment Holdings, LLC Florida4
  • Tailrow Funding, LLC Florida4
  • Tailrow Risk Managers, LLC Florida4
  • Treasure Island Restaurant Company, Inc. Florida4
  • TypTap Insurance Company Florida4
  • Westview Holdings, LLC Florida4
  • perRisk Insurance Company Arizona4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • Homeowners Choice, Inc.May 16, 2007 to May 21, 20133

Timeline

  1. Aug 6, 20268-K Results of operations41
  2. Jun 15, 20268-K Entered a material agreement42
  3. Jun 12, 20268-K Shareholder vote43
  4. Jun 1, 20268-K Entered a material agreement44
  5. May 6, 20268-K Results of operations45
  6. Feb 25, 20268-K Results of operations46
  7. Dec 23, 20258-K Entered a material agreement; Executive or director change; Regulation FD disclosure47
  8. Dec 19, 20258-K Executive or director change48
  9. Nov 6, 20258-K Results of operations49
  10. Oct 16, 20258-K Results of operations50
  11. Sep 25, 20258-K Regulation FD disclosure51
  12. Aug 7, 20258-K Results of operations52
  13. Aug 5, 2011New chief executive Paresh Patel becomes CEO14
  14. Jul 23, 2008New chief executive Francis Xavier McCahill Iii. becomes CEO15
  15. Nov 30, 2006Founded HCI Group, Inc. is founded2

Calendar

Coming up

  1. Nov 5, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $4.90 a share, on Nov 6, 2025.53

When it reported results

  1. Aug 6, 2026Reported quarterly or annual results41
  2. May 6, 2026Reported quarterly or annual results45
  3. Feb 25, 2026Reported quarterly or annual results46
  4. Nov 6, 2025Reported quarterly or annual results49
  5. Oct 16, 2025Reported quarterly or annual results50
  6. Aug 7, 2025Reported quarterly or annual results52
  7. May 8, 2025Reported quarterly or annual results54
  8. Feb 27, 2025Reported quarterly or annual results55

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

249 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 61 major events, 100 insider forms, 42 large holders, 26 other. The latest 20:

  1. Aug 7, 202610-Q EDGAR
  2. Aug 6, 20268-K EDGAR
  3. Jul 28, 2026SCHEDULE 13G/A EDGAR
  4. Jun 15, 20264 EDGAR
  5. Jun 15, 20264 EDGAR
  6. Jun 15, 20264 EDGAR
  7. Jun 15, 20264 EDGAR
  8. Jun 15, 20264 EDGAR
  9. Jun 15, 20268-K EDGAR
  10. Jun 12, 20268-K EDGAR
  11. Jun 1, 20268-K EDGAR
  12. May 27, 20264 EDGAR
  13. May 27, 20264 EDGAR
  14. May 27, 20264 EDGAR
  15. May 27, 20264 EDGAR
  16. May 15, 2026SCHEDULE 13G/A EDGAR
  17. May 7, 202610-Q EDGAR
  18. May 6, 20268-K EDGAR
  19. Apr 29, 2026ARS EDGAR
  20. Apr 29, 2026DEF 14A EDGAR

The 249 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

31 open-market trades by officers, directors and large owners since October 2021: 16 buys and 15 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Apr 11, 2024Patel PareshChief Executive OfficerBuy500$111.00$55.5KForm 4
Apr 9, 2024Patel PareshChief Executive OfficerBuy1,000$114.90$114.9KForm 4
Apr 8, 2024Saravanos AnthonyDivision PresidentSale20,873$116.78$2.4MForm 4
Apr 5, 2024Saravanos AnthonyDivision PresidentSale3,160$115.00$363.4KForm 4
Apr 4, 2024Graham Andrew L.General CounselSale2,839$116.10$329.6KForm 4
Apr 3, 2024Graham Andrew L.General CounselSale29,243$117.00$3.4MForm 4
Mar 28, 2024Madhu SanjayDirectorSale30,206$115.21$3.5MForm 4
Mar 28, 2024Saravanos AnthonyDivision PresidentSale13,000$115.11$1.5MForm 4
Mar 27, 2024Madhu SanjayDirectorSale3,294$118.72$391.1KForm 4
Mar 27, 2024Saravanos AnthonyDivision PresidentSale12,967$117.01$1.5MForm 4
Mar 27, 2024Graham Andrew L.General CounselSale6,803$118.01$802.8KForm 4
Mar 26, 2024Coleman Karin SueChief Operating OfficerSale23,000$115.62$2.7MForm 4
Mar 26, 2024Graham Andrew L.General CounselSale1,206$116.50$140.5KForm 4
Mar 26, 2024Harmsworth James MarkChief Financial OfficerSale20,000$117.12$2.3MForm 4
May 22, 2023Harmsworth James MarkChief Financial OfficerSale9,963$55.97$557.6KForm 4
May 19, 2023Harmsworth James MarkChief Financial OfficerSale5,037$56.38$284.0KForm 4
May 16, 2023Valiente Lauren LDirectorBuy441$56.81$25.1KForm 4
Apr 17, 2023Watts SusanDirectorBuy670$49.99$33.5KForm 4
Dec 20, 2022Graham Andrew L.General CounselBuy165$36.10$6.0KForm 4
Dec 16, 2022Burks Robert WayneDirectorBuy2,000$33.50$67.0KForm 4

All 31 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Stakes it holds

HCI Group, Inc. has told the SEC it owns more than 5% of 1 company, latest first (Schedules 13D and 13G).

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Paresh PatelChief Executive Officer63$950.0K$8.2M67
2025Karin ColemanChief Operating Officer; President of HCPCI President of TypTap65$500.0K$1.1M67
2025Mark HarmsworthChief Financial Officer62$450.0K$1.0M67
2025Andrew L. GrahamVice President, General Counsel, and Corporate Secretary68$400.0K$956.3K67
2025Anthony SaravanosPresident, Greenleaf Capital, LLC.55$350.0K$722.7K67
2024Paresh PatelChief Executive Officer63$950.0K$20.2M67
2024Karin ColemanChief Operating Officer; President of HCPCI President of TypTap65$500.0K$818.7K67
2024Mark HarmsworthChief Financial Officer62$450.0K$767.2K67
2024Andrew L. GrahamVice President, General Counsel, and Corporate Secretary68$400.0K$720.0K67
2024Anthony SaravanosPresident, Greenleaf Capital, LLC.55$350.0K$531.6K67
2023Paresh PatelChief Executive Officer63$950.0K$3.7M67
2023Karin ColemanChief Operating Officer; President of HCPCI President of TypTap65$400.0K$570.5K67
2023Mark HarmsworthChief Financial Officer62$350.0K$518.0K67
2023Andrew L. GrahamVice President, General Counsel, and Corporate Secretary68$300.0K$470.5K67
2023Anthony SaravanosPresident, Greenleaf Capital, LLC.55$300.0K$434.9K67

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.1,843,638$323.1M0.0%+202,320
Khrom Capital Management LLC690,749$121.1M10.1%+110,481
Vanguard Capital Management LLC477,702$83.7M0.0%−9,033
State Street Corp424,559$74.4M0.0%+26,048
American Century Companies Inc415,740$72.9M0.0%−209,633
Dimensional Fund Advisors LP409,716$71.8M0.0%+54,832
Geode Capital Management, LLC298,370$52.3M0.0%−3,035
Vanguard Portfolio Management LLC276,525$48.5M0.0%−57,677
Qube Research & Technologies Ltd241,129$42.3M0.0%−530
Arrowstreet Capital, Limited Partnership236,105$41.4M0.0%+119,247
Goldman Sachs Group Inc181,010$31.7M0.0%+51,214
Freestone Grove Partners LP175,557$30.8M0.2%−167,829
Morgan Stanley175,235$30.7M0.0%−26,487
Fmr LLC150,281$26.3M0.0%+52,183
Allspring Global Investments Holdings, LLC145,533$26.0M0.0%+37,327
UBS Group AG139,600$24.5M0.0%+111,389
Ameriprise Financial Inc132,258$23.2M0.0%+111,329
Aqr Capital Management LLC130,716$22.9M0.0%+53,030
Northern Trust Corp124,264$21.8M0.0%+15,237
Two Sigma Investments, LP119,320$20.9M0.0%+19,983
Invesco Ltd.112,246$19.7M0.0%+14,057
Charles Schwab Investment Management Inc103,081$18.1M0.0%+2,870
Bank Of America Corp /de/99,412$17.4M0.0%+18,723
Jacobs Levy Equity Management, Inc89,832$15.7M0.1%−9,362
Jane Street Group, LLC79,576$13.9M0.0%−38,644

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How HCI Group, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARHCI Group, Inc.1
  • CIK0001400810
  • Employer ID (EIN)20-59613965
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company5
  • Incorporated inFlorida5
  • Fiscal year endsDecember 311
  • Industry code (SIC)6331 Fire, Marine & Casualty Insurance1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business address3802 Coconut Palm Drive, Tampa, FL 336191
  • Phone813 849-95001
  • Shares outstanding12,438,867 as of Aug 3, 202612
  • Public float$1.7B as of Jun 30, 20255
  • AuditorForvis Mazars, LLP, Charlotte, North Carolina PCAOB ID 686; no auditor attestation of internal control over financial reporting5
  • On EDGAR sinceMay 16, 20071
  • Filings981 in all: 4 (407), 8-K (237), 10-Q (55), SC 13G/A (35), 3 (23), 10-K (18), DEF 14A (18), UPLOAD (16)1
    All 44 form types

    CORRESP (15), SC 13G (15), CT ORDER (13), SC 13D/A (13), SCHEDULE 13G/A (10), ARS (9), EFFECT (8), S-3/A (8), 424B3 (7), 144 (6), 8-K/A (6), 424B5 (5), 8-A12B (5), S-3 (5), SC 13D (5), 4/A (4), CERTNYS (4), S-1/A (4), 25 (3), 25-NSE (3), POS AM (3), 8-A12B/A (2), CERTNAS (2), DEFA14A (2), FWP (2), S-8 (2), SCHEDULE 13G (2), 424B4 (1), 425 (1), POS EX (1), PRE 14A (1), REGDEX (1), S-1 (1), S-1MEF (1), S-3ASR (1), SCHEDULE 13D/A (1)

  • Latest filingsAnnual report (10-K) Feb 26, 2026
    Quarterly report (10-Q) Aug 7, 2026
    Proxy statement (DEF 14A) Apr 29, 2026
    Latest 8-K (8-K) Aug 6, 2026

Securities registered for trading

ClassSymbolExchange
Common SharesHCINew York Stock Exchange

From the cover page of the 10-K filed Feb 26, 2026 (Section 12(b) of the Exchange Act).5

Risk factors and legal proceedings

The risks HCI Group, Inc. names in Item 1A of its 10-K filed Feb 26, 2026: 41 risks under these headings, as written.5

  • Business and operational risks
  • Our historical revenue growth was derived primarily through policy assumptions and acquisitions. We cannot guarantee that future policy assumptions and acquisitions will be available to the extent they have in the past.
  • Although we have begun providing insurance services in other states, our insurance business is primarily in Florida. Thus, any catastrophic event or other condition affecting losses in Florida could adversely affect our financial condition and results of operations.
  • Our results may fluctuate based on many factors including cyclical changes in the insurance industry.
  • We rely on highly skilled and experienced personnel and if we are unable to attract, retain or motivate key personnel or hire qualified personnel, our business may be seriously harmed. In addition, the loss of our Chief Executive Officer or other key senior management personnel could harm our business and future prospects.
  • Our information technology systems may fail or be disrupted, which could adversely affect our business.
  • Increased competition, competitive pressures, industry developments, and market conditions could affect the growth of our business and adversely impact our financial results.
  • Our interests may conflict with the interests of Exzeo and the interests of Exzeo’s other stockholders. Certain conflicts of interest between Exzeo and us could be resolved in a manner unfavorable to us.
  • We may not achieve some or all of the anticipated benefits of Exzeo being a standalone public company, which could negatively impact our business, financial condition and results of operation.
  • If our actual losses from claims exceed our loss reserves, our financial results would be adversely affected.
  • Our failure to pay claims accurately could adversely affect our insurance business, financial results and capital requirements.
  • The effects of emerging claim and coverage issues on our business are uncertain.
The other 30 risks
  • Failure to maintain our risk-based capital at the required levels could adversely affect our ability to maintain regulatory authority to conduct our business.
  • If we are unable to expand our business because our capital must be used to pay greater than anticipated claims, our financial results may suffer.
  • Reinsurance coverage may not be available to us in the future at commercially reasonable rates or at all and we risk non-collectability of reinsurance amounts due us from reinsurers with which we have contracted.
  • The failure of the risk mitigation strategies we utilize could have a material, adverse effect on our financial condition or results of operations.
  • The failure of any of the loss limitation methods we employ could have a material, adverse effect on our financial condition or our results of operations.
  • If our customers were to claim that the policies they purchased failed to provide adequate or appropriate coverage, we could face claims that could harm our business, results of operations and financial condition.
  • Now and in the future, we may rely on independent agents to write our insurance policies, and if we are not able to contract with and retain independent agents, our revenues would be negatively affected.
  • Our success depends on our ability to accurately price the risks we underwrite.
  • Our foreign operations expose us to additional risks, which could negatively impact our business, operating results, and financial condition.
  • Our acquired renewal rights intangible assets can be subject to impairment charges which can adversely affect our financial results.
  • The insolvency and receivership of United Property & Casualty Insurance Company could adversely affect our financial results.
  • Any lack of business or financial success by a reciprocal insurance exchange we manage could diminish our expected management fee revenue and damage our business reputation.
  • Financial risks
  • HCI Group, Inc. depends on the ability of its subsidiaries to generate and transfer funds to meet its debt obligations.
  • We may require additional capital in the future which may not be available or may only be available on unfavorable terms.
  • Our credit agreement contains restrictions that can limit our flexibility in operating our business.
  • An increase in interest rates may negatively impact our operating results and financial condition.
  • Investment risks
  • There may be limited markets for and restrictions on certain holdings in our investment portfolio.
  • Our financial results may be negatively affected by the fact that a portion of our income is generated by the investment of our available cash.
  • Our revenue from real estate investments may be affected by the success and economic viability of our anchor retail tenants. Our reliance on a single or significant tenant at certain properties may impact our ability to lease vacated space and adversely affect returns on the specific property.
  • Our retail and other real estate properties may be subject to impairment charges which can adversely affect our financial results.
  • Our ongoing investments in real estate and information technology businesses have inherent risks and could burden our financial and human resources.
  • Legal and regulatory risks
  • Industry trends, such as litigation against the insurance industry and individual insurers, the willingness of courts to expand covered causes of loss, rising jury awards, and the escalation of loss severity may contribute to increased costs and to the deterioration of the reserves of our insurance subsidiaries.
  • As an insurance holding company, we are currently subject to state regulation and in the future may become subject to federal regulation.
  • Our insurance subsidiaries are subject to extensive regulation, which may reduce our profitability or limit our growth. Moreover, if we fail to comply with these regulations, we may be subject to penalties, including fines and suspensions, which may adversely affect our financial condition and results of operations.
  • A regulatory environment that requires approval of rate increases and that can dictate underwriting practices and mandate participation in loss sharing arrangements may adversely affect our results of operations and financial condition.
  • Our real estate operations are subject to regulation under various federal, state, and local laws concerning the environment.
  • Security and fraud risks
  • An unauthorized disclosure or loss of policyholder or employee information or other sensitive or confidential information, including by cyber-attack or other security breach, could cause a loss of data, give rise to remediation or other expenses, expose us to liability under federal and state laws, and subject us to litigation and investigations, which could have an adverse effect on our business, cash flows, financial condition and results of operations.
  • General risks
  • An overall decline in economic activity could have a material adverse effect on the financial condition and results of operations of our business.
  • Changing climate conditions could have an adverse impact on our business, results of operations or financial condition.
  • We have exposure to unpredictable catastrophes, which can materially and adversely affect our financial results.

Legal proceedings

We are a party to litigation and other legal matters arising in the ordinary course of our business. From time to time, we are also subject to regulatory and governmental examinations, information requests and subpoenas, inquiries, investigations, and threatened legal actions and proceedings. Although we cannot predict with certainty the ultimate resolution of the litigation and other legal matters we are a party to, we do not believe that any known or potential litigation and other legal matters will have a material, adverse effect on our consolidated financial position, results of operations, or cash flows. See Note 21 “Commitments and Contingencies” to our consolidated financial statements under Item 8 of this Annual Report on Form 10-K for additional information.

The opening of Item 3, Legal Proceedings.5

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