Jennison Associates LLC filed Amendment No. 5 to a Schedule 13G with the SEC on October 28, 2026, disclosing beneficial ownership of 3,580,467 shares of Heritage Financial Corp common stock as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Jennison Associates LLC reported beneficial ownership of 3,580,467 shares of Heritage Financial Corp common stock.
  • Percent of class: The reported stake represents 8.8% of Heritage Financial Corp's common stock outstanding.
  • Sole voting power: Jennison Associates LLC reported sole voting power over all 3,580,467 shares.
  • Dispositive power: The filing lists sole dispositive power as 0 shares, and shared dispositive power as 3,580,467 shares.
  • Event date: The date of the event requiring the filing was September 30, 2026.
  • Filer type: Jennison Associates LLC is classified as an investment adviser (IA), organized in Delaware, with a principal office at 55 East 52nd Street, New York, NY 10055.

Jennison Associates' Amendment No. 5 Filing on Heritage Financial Corp Ownership

Jennison Associates LLC, a Delaware-organized investment adviser, filed Amendment No. 5 to Schedule 13G with respect to its holdings in Heritage Financial Corp (NASDAQ:HFWA), an issuer headquartered at 201 Fifth Avenue SW, Olympia, WA 98501. According to the filing, the triggering event date was September 30, 2026, with the statement signed and dated October 28, 2026, by Beata Markowicz, Senior Vice President, Compliance at Jennison Associates LLC.

The filing discloses that Jennison Associates LLC beneficially owns 3,580,467 shares of Heritage Financial Corp common stock (CUSIP 42722X106), representing 8.8% of the class. The filer reported sole voting power over the full 3,580,467 shares, zero shared voting power, zero sole dispositive power, and shared dispositive power over the full 3,580,467 shares. The filing does not identify a counterparty with whom dispositive power is shared, nor does it identify any group members, as Items 7 and 8 are both noted as not applicable.

In the certification included in the filing, Jennison Associates LLC stated that, to the best of its 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." Item 5, regarding ownership of 5 percent or less of a class, and Item 6, regarding ownership of more than 5 percent on behalf of another person, are both marked as not applicable in the filing.

What Was Disclosed

Jennison Associates LLC disclosed beneficial ownership of 3,580,467 shares, or 8.8%, of Heritage Financial Corp common stock as of September 30, 2026, via Amendment No. 5 to Schedule 13G, with sole voting power and shared dispositive power over all reported shares.