T. Rowe Price Investment Management Reports New 5.2% Stake in Hudson Pacific Properties (HPP)

On May 15, 2026, T. Rowe Price Investment Management, Inc. filed a Schedule 13G with the SEC, reporting a new 5.2% ownership stake in Hudson Pacific Properties, Inc. (HPP). This position consists of 2,826,598 shares of common stock, valued at approximately $31.83 million based on the filing date data. According to the filing, the investment firm holds sole dispositive power over all 2,826,598 shares and sole voting power over 2,810,950 shares. This reporting event was triggered on March 31, 2026. T. Rowe Price Investment Management, Inc. serves as an investment adviser and has certified that these securities were acquired in the ordinary course of business, without the intent to influence or change the control of the issuer. This filing represents a significant increase from its previously reported 0.0% position, establishing the firm as a major institutional shareholder in the Los Angeles-based real estate investment trust (REIT).