<SUBMISSION>
<ACCESSION-NUMBER>0000950129-08-000812
<TYPE>SC 13G
<PUBLIC-DOCUMENT-COUNT>2
<FILING-DATE>20080213
<DATE-OF-FILING-DATE-CHANGE>20080212
<GROUP-MEMBERS>AIM ADVISORS, INC.
<GROUP-MEMBERS>AIM CAPITAL MANAGEMENT, INC.
<GROUP-MEMBERS>INVESCO INSTITUTIONAL (N.A.), INC
<GROUP-MEMBERS>INVESCO NATIONAL TRUST COMPANY
<GROUP-MEMBERS>POWERSHARES CAPITAL MANAGEMENT LLC
<SUBJECT-COMPANY>
<COMPANY-DATA>
<CONFORMED-NAME>HOT TOPIC INC /CA/
<CIK>0001017712
<ASSIGNED-SIC>5600
<IRS-NUMBER>770198182
<STATE-OF-INCORPORATION>CA
<FISCAL-YEAR-END>0130
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>SC 13G
<ACT>34
<FILE-NUMBER>005-48895
<FILM-NUMBER>08600272
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>18305 EAST SAN JOSE AVENUE
<CITY>CITY OF INDUSTRY
<STATE>CA
<ZIP>91748
<PHONE>6268394681
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>18305 EAST SAN JOSE AVENUE
<CITY>CITY OF INDUSTRY
<STATE>CA
<ZIP>91768
</MAIL-ADDRESS>
</SUBJECT-COMPANY>
<FILED-BY>
<COMPANY-DATA>
<CONFORMED-NAME>Invesco Ltd.
<CIK>0000914208
<ASSIGNED-SIC>6282
<IRS-NUMBER>980557567
<STATE-OF-INCORPORATION>D0
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>SC 13G
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>1360 PEACHTREE ST. NE
<CITY>ATLANTA
<STATE>GA
<ZIP>30309
<PHONE>404-892-0896
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>1360 PEACHTREE ST. NE
<CITY>ATLANTA
<STATE>GA
<ZIP>30309
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>INVESCO PLC/LONDON/
<DATE-CHANGED>20070529
</FORMER-COMPANY>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>AMVESCAP PLC/LONDON/
<DATE-CHANGED>19991221
</FORMER-COMPANY>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>AMVESCAP /LONDON/
<DATE-CHANGED>19971121
</FORMER-COMPANY>
</FILED-BY>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>h53615bksc13g.txt
<DESCRIPTION>SCHEDULE 13G
<TEXT>
<PAGE>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934

                              (Amendment No. __ )*

                                 Hot Topic, Inc.
--------------------------------------------------------------------------------
                                (Name of Issuer)

                                  Common Stock
--------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    441339108
--------------------------------------------------------------------------------
                                 (CUSIP Number)

                                December 31, 2007
--------------------------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

      [X]   Rule 13d-1(b)

      [ ]   Rule 13d-1(c)

      [ ]   Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

<PAGE>

                                  SCHEDULE 13G

CUSIP No. 441339108

--------------------------------------------------------------------------------

      1.    Names of Reporting Persons. I.R.S. Identification Nos. of above
            persons (entities only). Invesco Ltd.
                  AIM Advisors, Inc.
                  AIM Capital Management, Inc.
                  Invesco Institutional (N.A.), Inc.
                  Invesco National Trust Company
                  PowerShares Capital Management LLC

--------------------------------------------------------------------------------

      2.    Check the Appropriate Box if a Member of a Group (see Instructions)

            (a)
            (b)

--------------------------------------------------------------------------------

      3.    SEC Use Only _______________________________________________

--------------------------------------------------------------------------------

      4.    Citizenship or Place of Organization
            Invesco Ltd. - Bermuda
                  AIM Advisors, Inc. - US
                  AIM Capital Management, Inc. - US
                  Invesco Institutional (N.A.), Inc. - US
                  Invesco National Trust Company - US
                  PowerShares Capital Management LLC - US

--------------------------------------------------------------------------------

                        5.    Sole Voting Power 2,238,900 Such shares are held
                              by the following entities in the respective
                              amounts listed:

                                   AIM Advisors, Inc. - 1,253,973
                                   AIM Capital Management, Inc. - 968,703
                                   Invesco Institutional (N.A.), Inc. - 6,300
                                   Invesco National Trust Company - 1,675
                                   PowerShares Capital Management LLC - 8,249

Number of Shares        --------------------------------------------------------
Beneficially Owned
by Each Reporting       6.    Shared Voting Power -0-
Person With
                        --------------------------------------------------------

                        7.    Sole Dispositive Power 2,243,200: Such shares are
                              held by the following entities in the respective
                              amounts listed:

                                   AIM Advisors, Inc. - 1,253,973
                                   AIM Capital Management, Inc. - 968,703
                                   Invesco Institutional (N.A.), Inc. - 6,300
                                   Invesco National Trust Company - 5,975
                                   PowerShares Capital Management LLC - 8,249

                        --------------------------------------------------------

                        8.    Shared Dispositive Power -0-

--------------------------------------------------------------------------------

      9.    Aggregate Amount Beneficially Owned by Each Reporting Person:
            2,243,200

--------------------------------------------------------------------------------

      10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares
            (See Instructions) N/A

--------------------------------------------------------------------------------

      11.   Percent of Class Represented by Amount in Row (9) 5.15%

--------------------------------------------------------------------------------

      12.   Type of Reporting Person (See Instructions) IA, HC. See Items 2 and
            3 of this statement.

<PAGE>

                                  SCHEDULE 13G

Item 1(a)         Name of Issuer:

                  Hot Topic, Inc.

Item 1(b)         Address of Issuer's Principal Executive Offices:

                        18305 East San Jose Avenue
                        City of Industry, CA 91748
                        United States

Item 2(a)         Name of Person Filing:

                  Invesco Ltd.

                  In accordance with Securities and Exchange Commission Release
                  No. 34-39538 (January 12, 1998), this statement on Schedule
                  13G or amendment thereto is being filed by Invesco Ltd.
                  ("Invesco"), a Bermuda Company, on behalf of itself and its
                  subsidiaries listed in Item 4 of the cover of this statement.
                  Invesco through such subsidiaries provides investment
                  management services to institutional and individual investors
                  worldwide.

                  Executive officers and directors of Invesco or its
                  subsidiaries may beneficially own shares of the securities of
                  the issuer to which this statement relates (the "Shares"), and
                  such Shares are not reported in this statement. Invesco and
                  its subsidiaries disclaim beneficial ownership of Shares
                  beneficially owned by any of their executive officers and
                  directors. Each of Invesco's direct and indirect subsidiaries
                  also disclaim beneficial ownership of Shares beneficially
                  owned by Invesco and any other subsidiary.

Item 2(b)         Address of Principal Business Office:

                  1360 Peachtree Street NE
                  Atlanta, GA 30309
                  United States

Item 2(c)         Citizenship:

                  See the response to Item 2(a) of this statement.

Item 2(d)         Title of Class of Securities:

                  Common Stock, .01 par value per share

Item 2(e)         CUSIP Number:

                  441339108

Item 3            If this statement is filed pursuant to ss240.13d-1(b) or
                  240.13d-2(b) or (c), check whether the person filing is a:

        (e) [x]   An investment adviser in accordance with section
                  240.13d-1(b)(1)(ii)(E)

        (g) [x]   A parent holding company or control person in accordance with
                  section 240.13d-1(b)(1)(ii)(G)

                  As noted in Item 2 above, Invesco is making this filing on
                  behalf of its subsidiaries listed herein. Each of these
                  entities is either an investment adviser registered with the
                  United States Securities and Exchange Commission under Section
                  203 of the Investment Advisers Act of 1940, as amended, or
                  under similar laws of other jurisdictions. Invesco is a
                  holding company.

<PAGE>

Item 4            Ownership:

                  Please see responses to Items 5-8 on the cover of this
                  statement, which are incorporated herein by reference.

Item 5            Ownership of Five Percent or Less of a Class:

                  If this statement is being filed to report the fact that
                  as of the date hereof the reporting person has ceased to
                  be the beneficial owner of more than five percent of the
                  class of securities, check the following

                  [ ]

Item 6            Ownership of More than Five Percent on Behalf of Another
                  Person:

                  N/A

Item 7            Identification and Classification of the Subsidiary Which
                  Acquired the Security Being reported on By the Parent Holding
                  Company:

                  Please see Item 3 of this statement, which is incorporated
                  herein by reference.

Item 8            Identification and Classification of Members of the Group:

                  N/A

Item 9            Notice of Dissolution of a Group:

                  N/A

Item 10           Certification:

                  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.

                  Signature:

                  After reasonable inquiry and to the best of my knowledge and
                  belief, I certify that the information set forth in this
                  statement is true, complete and correct.

                                                    02/09/2008
                                   --------------------------------------------
                                                        Date

                              Invesco Ltd.

                              By:  /s/ Lisa Brinkley
                                   --------------------------------------------
                              Lisa Brinkley
                              Global Compliance Director

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>h53615bkexv99w1.txt
<DESCRIPTION>JOINT FILING AGREEMENT
<TEXT>
<PAGE>

                        JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k)(l) under the Securities Exchange Act of 1934,
as amended, the undersigned hereby agree to the joint filing of the attached
Schedule 13G, and any and all amendments thereto, and expressly authorize
Invesco Ltd., as the ultimate parent company of each of its undersigned
subsidiaries, to file such Schedule 13G, and any and all amendments thereto, on
behalf of each of them.

Dated: February 9, 2008       Invesco Ltd.

                              By:  /s/ Lisa Brinkley
                                   ----------------------------------------
                              Name:  Lisa Brinkley
                              Title: Global Compliance Director

                              AIM Advisors, Inc.

                              By:  /s/ Todd L. Spillane
                                   ----------------------------------------
                              Name:  Todd L. Spillane
                              Title: Chief Compliance Officer

                              AIM Capital Management, Inc.

                              By:  /s/ Todd L. Spillane
                                   ----------------------------------------
                              Name:  Todd L. Spillane
                              Title: Chief Compliance Officer

                              AIM Funds Management, Inc.

                              By:  /s/ Wayne Bolton
                                   ----------------------------------------
                              Name:  Wayne Bolton
                              Title: Vice President, Compliance &
                                     Chief Compliance Officer

                              AIM Private Asset Management, Inc.

                              By:  /s/ Todd L. Spillane
                                   ----------------------------------------
                              Name:  Todd L. Spillane
                              Title: Chief Compliance Officer

                              Invesco National Trust Company

                              By:  /s/ Kevin Lyman
                                   ----------------------------------------
                              Name:  Kevin Lyman
                              Title: Assistant General Counsel

                              Atlantic Trust Company, N.A.

                              By:  /s/ Wayne Dewitt
                                   ----------------------------------------
                              Name:  Wayne DeWitt
                              Title: General Counsel

                              Invesco Hong Kong Limited

                              By:  /s/ Asha Balachandra
                                   ----------------------------------------
                              Name:  Asha Balachandra
                              Title: Reg. Head of Legal AP

<PAGE>

                              Invesco Asset Management Deutschland GmbH

                              By:  /s/ Stephanie Ehrenfried
                                   ----------------------------------------
                              Name:  Stephanie Ehrenfried
                              Title: Head of Legal CE

                              Invesco Asset Management Limited

                              By:  /s/ Nick Styman
                                   ----------------------------------------
                              Name:  Nick Styman
                              Title: Director of European Compliance

                              Invesco Asset Management S.A.

                              By:  /s/ Patrick Riviere
                                   ----------------------------------------
                              Name:  Patrick Riviere
                              Title: Chief Regional Officer

                              Invesco Asset Management Oesterreich GmbH

                              By:  /s/ Thomas Kraus
                                   ----------------------------------------
                              Name:  Thomas Kraus
                              Title: Head of Sales

                              Invesco Global Asset Management (N.A.), Inc.

                              By:  /s/ Jeffrey Kupor
                                   ----------------------------------------
                              Name:  Jeffrey Kupor
                              Title: Head of Legal WW Institutional

                              Invesco GT Management Company S.A.

                              By:  /s/ Nick Styman
                                   ----------------------------------------
                              Name:  Nick Styman
                              Title: Director of European Compliance

                              Invesco Institutional (N.A.), Inc.

                              By:  /s/ Jeffrey Kupor
                                   ----------------------------------------
                              Name:  Jeffrey Kupor
                              Title: Head of Legal WW Institutional

                              Invesco Management S.A.

                              By:  /s/ Alain Gerbaldi
                                   ----------------------------------------
                              Name:  Alain Gerbaldi
                              Title: Head of Performance Measurement &
                                     Risk Analysis

                              Invesco Maximum Income Management S.A.

                              By:  /s/ Alain Gerbaldi
                                   ----------------------------------------
                              Name:  Alain Gerbaldi
                              Title: Head of Performance Measurement &
                                     Risk Analysis

                              Invesco Private Capital, Inc.

                              By:  /s/ Jeffrey Kupor
                                   ----------------------------------------
                              Name:  Jeffrey Kupor
                              Title: Head of Legal WW Institutional

<PAGE>

                              Invesco Senior Secured Management, Inc.

                              By:  /s/ Jeffrey Kupor
                                   ----------------------------------------
                              Name:  Jeffrey Kupor
                              Title: Head of Legal WW Institutional

                              Invesco Taiwan Limited

                              By:  /s/ Asha Balachandra
                                   ----------------------------------------
                              Name:  Asha Balachandra
                              Title: Reg. Head of Legal, AP

                              Invesco Asset Management (Japan) Limited

                              By:  /s/ Asha Balachandra
                                   ----------------------------------------
                              Name:  Asha Balachandra
                              Title: Reg. Head of Legal, AP

                              Invesco Asset Management Ireland Limited

                              By:  /s/ Alain Gerbaldi
                                   ----------------------------------------
                              Name:  Alain Gerbaldi

                              Title: Head of Performance Measurement &
                                     Risk Analysis

                              Invesco Kapitalanlagegesellschaft mbH

                              By:   /s/ Stephanie Ehrenfried
                                   ----------------------------------------
                              Name:  Stephanie Ehrenfried
                              Title: Head of Legal CE

                              PowerShares Capital Management LLC

                              By:    /s/ Kevin Gustafson
                                   ----------------------------------------
                              Name:  Kevin Gustafson
                              Title: General Counsel, COO & CCO

                              Stein Roe Investment Counsel, Inc.

                              By:   /s/ Greg Campbell
                                   ----------------------------------------
                              Name:  Greg Campbell
                              Title: General Counsel
</TEXT>
</DOCUMENT>
</SUBMISSION>
