<SEC-DOCUMENT>0001056823-25-000014.txt : 20250723
<SEC-HEADER>0001056823-25-000014.hdr.sgml : 20250723
<ACCEPTANCE-DATETIME>20250723150650
ACCESSION NUMBER:		0001056823-25-000014
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250723
DATE AS OF CHANGE:		20250723

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HAWAIIAN ELECTRIC INDUSTRIES INC
		CENTRAL INDEX KEY:			0000354707
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				990208097
		STATE OF INCORPORATION:			HI
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-35105
		FILM NUMBER:		251142898

	BUSINESS ADDRESS:	
		STREET 1:		1001 BISHOP STREET, SUITE 2900
		CITY:			HONOLULU
		STATE:			HI
		ZIP:			96813
		BUSINESS PHONE:		8085435662

	MAIL ADDRESS:	
		STREET 1:		P.O. BOX 730
		CITY:			HONOLULU
		STATE:			HI
		ZIP:			96808-0730

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HORIZON KINETICS ASSET MANAGEMENT LLC
		CENTRAL INDEX KEY:			0001056823
		ORGANIZATION NAME:           	
		EIN:				133776334
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		470 PARK AVENUE SOUTH
		STREET 2:		4TH FLOOR SOUTH
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10016
		BUSINESS PHONE:		646-495-7347

	MAIL ADDRESS:	
		STREET 1:		470 PARK AVENUE SOUTH
		STREET 2:		4TH FLOOR SOUTH
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10016

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HORIZON ASSET MANAGEMENT LLC
		DATE OF NAME CHANGE:	20130813

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HORIZON ASSET MANAGEMENT INC/NY
		DATE OF NAME CHANGE:	19990319
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0001056823-25-000009</previousAccessionNumber>
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      <filer>
        <filerCredentials>
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    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>05/09/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0000354707</issuerCik>
        <issuerName>HAWAIIAN ELECTRIC INDUSTRIES INC</issuerName>
        <issuerCusip>419870100</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>1001 BISHOP STREET, SUITE 2900</com:street1>
          <com:street2>1001 BISHOP STREET, SUITE 2900</com:street2>
          <com:city>HONOLULU</com:city>
          <com:stateOrCountry>HI</com:stateOrCountry>
          <com:zipCode>96813</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>HORIZON KINETICS ASSET MANAGEMENT LLC</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>16281709.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>16281709.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>16281709.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>9.4</classPercent>
      <typeOfReportingPerson>IA</typeOfReportingPerson>
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      <item1>
        <issuerName>HAWAIIAN ELECTRIC INDUSTRIES INC</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>1001 BISHOP STREET, SUITE 2900, 1001 BISHOP STREET, SUITE 2900, HONOLULU, HAWAII, 96813.</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Horizon Kinetics Asset Management LLC
</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>470 Park Ave. S, 8th FL S
New York, New York 10016
</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Delaware
</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
        <typeOfPersonFiling>IA</typeOfPersonFiling>
      </item3>
      <item4>
        <amountBeneficiallyOwned>16,281,709
</amountBeneficiallyOwned>
        <classPercent>9.4%</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>16,281,709
</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>16,281,709
</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
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      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
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        <notApplicableFlag>Y</notApplicableFlag>
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        <notApplicableFlag>Y</notApplicableFlag>
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      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under &amp;#167; 240.14a-11.

</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>HORIZON KINETICS ASSET MANAGEMENT LLC</reportingPersonName>
      <signatureDetails>
        <signature>s/Jay Kesslen</signature>
        <title>General Counsel</title>
        <date>07/23/2025</date>
      </signatureDetails>
    </signatureInformation>
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</SEC-DOCUMENT>
