Boothbay Fund Management Boosts Highwoods Properties Stake

Investment firm increases ownership in real estate investment trust by 80.8% in Q3

Mar. 15, 2026 at 8:58am

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Boothbay Fund Management LLC has increased its stake in Highwoods Properties, Inc. (NYSE:HIW) by 80.8% during the third quarter, according to a recent filing with the Securities and Exchange Commission. The institutional investor now owns 379,418 shares of the real estate investment trust's stock, worth approximately $12.1 million.

Why it matters

Highwoods Properties is a major office real estate investment trust (REIT) focused on Class A properties in key urban and suburban markets across the Southeastern U.S. and Texas. The increased investment by Boothbay Fund Management suggests the firm sees value in Highwoods' portfolio and growth potential, despite recent challenges facing the office market.

The details

According to the filing, Boothbay Fund Management acquired an additional 169,528 shares of Highwoods Properties during the third quarter, bringing its total ownership to approximately 0.35% of the REIT's outstanding stock. The investment firm cited Highwoods' diversified portfolio and strategic market positioning as factors behind the increased stake.

  • Boothbay Fund Management disclosed the stake increase in a 13F filing for the third quarter of 2026.

The players

Boothbay Fund Management LLC

An institutional investment firm that manages a diversified portfolio of public and private securities.

Highwoods Properties, Inc.

A real estate investment trust (REIT) that acquires, develops, leases and manages office properties, primarily focused on Class A assets in key urban and suburban markets across the Southeastern U.S. and Texas.

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The takeaway

Boothbay Fund Management's increased stake in Highwoods Properties suggests the investment firm sees long-term value in the office REIT's portfolio and growth potential, despite near-term challenges facing the office market. This move underscores investor confidence in Highwoods' strategic positioning and ability to navigate the evolving commercial real estate landscape.