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Hyatt Hotels Corp. (H) is the issuer in a Schedule 13G/A reporting beneficial ownership of 3,895,754 shares of Class A common stock, or 9.4% of the class. The reporting persons are Principal Global Investors LLC, Principal Real Estate Investors, LLC, and Principal Funds, Inc.
They report shared voting and dispositive power over 3,112,309, 783,445, and 2,139,297 shares, respectively. Separately, Principal MidCap Fund, a series of Principal Funds, Inc., is identified as owning 2,139,297 shares, or 5.1%, as of September 30, 2026.
Key Figures
Beneficial ownership:3,895,754 sharesPercent of class:9.4%Shared voting and dispositive power:3,112,309 shares+3 more
6 metrics
Beneficial ownership3,895,754 sharesClass A common stock
Percent of class9.4%Reported beneficial ownership
Shared voting and dispositive power3,112,309 sharesPrincipal Global Investors LLC
Shared voting and dispositive power783,445 sharesPrincipal Real Estate Investors, LLC
Shared voting and dispositive power2,139,297 sharesPrincipal Funds, Inc.
Percent of class5.1%Principal MidCap Fund ownership as of September 30, 2026
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Shared Voting Powerfinancial
"Shared Voting Power 3,112,309.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
Shared Dispositive Powerfinancial
"Shared Dispositive Power 3,112,309.00"
Joint Filing Agreementregulatory
"pursuant to a Joint Filing Agreement"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many Hyatt (H) shares did the reporting persons beneficially own?
The reported beneficial ownership was 3,895,754 shares of Class A common stock, or 9.4% of the class.
Which investor held more than 5% of Hyatt (H) Class A common stock?
Principal MidCap Fund, a series of Principal Funds, Inc., had ownership of 2,139,297 shares, representing 5.1% of the class as of September 30, 2026.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 4)
Hyatt Hotels Corp
(Name of Issuer)
Class A Common Stock
(Title of Class of Securities)
448579102
(CUSIP Number)
09/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
448579102
1
Names of Reporting Persons
PRINCIPAL GLOBAL INVESTORS
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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,112,309.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,112,309.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,112,309.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.5 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
448579102
1
Names of Reporting Persons
PRINCIPAL REAL ESTATE INVESTORS, 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
783,445.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
783,445.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
783,445.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.9 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
448579102
1
Names of Reporting Persons
PRINCIPAL FUNDS, INC.
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
MARYLAND
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,139,297.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,139,297.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,139,297.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.1 %
12
Type of Reporting Person (See Instructions)
IV
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Hyatt Hotels Corp
(b)
Address of issuer's principal executive offices:
150 NORTH RIVERSIDE PLAZA, 8TH FLOOR, CHICAGO, ILLINOIS
60606
Item 2.
(a)
Name of person filing:
PRINCIPAL GLOBAL INVESTORS
PRINCIPAL REAL ESTATE INVESTORS, LLC
PRINCIPAL FUNDS, INC.
(b)
Address or principal business office or, if none, residence:
PRINCIPAL GLOBAL INVESTORS
711 HIGH STREET
DES MOINES, Iowa
50392-0300
PRINCIPAL REAL ESTATE INVESTORS, LLC
711 HIGH STREET
DES MOINES, Iowa
50392-0300
PRINCIPAL FUNDS, INC.
711 HIGH STREET
DES MOINES, Iowa
50392-0300
(c)
Citizenship:
PRINCIPAL GLOBAL INVESTORS - DELAWARE
PRINCIPAL REAL ESTATE INVESTORS, LLC - DELAWARE
PRINCIPAL FUNDS, INC. - MARYLAND
(d)
Title of class of securities:
Class A Common Stock
(e)
CUSIP No.:
448579102
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
3,895,754
(b)
Percent of class:
9.4 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
PRINCIPAL GLOBAL INVESTORS - 0
PRINCIPAL REAL ESTATE INVESTORS, LLC - 0
PRINCIPAL FUNDS, INC. - 0
(ii) Shared power to vote or to direct the vote:
PRINCIPAL GLOBAL INVESTORS - 3,112,309
PRINCIPAL REAL ESTATE INVESTORS, LLC - 783,445
PRINCIPAL FUNDS, INC. - 2,139,297
(iii) Sole power to dispose or to direct the disposition of:
PRINCIPAL GLOBAL INVESTORS - 0
PRINCIPAL REAL ESTATE INVESTORS, LLC - 0
PRINCIPAL FUNDS, INC. - 0
(iv) Shared power to dispose or to direct the disposition of:
PRINCIPAL GLOBAL INVESTORS - 3,112,309
PRINCIPAL REAL ESTATE INVESTORS, LLC - 783,445
PRINCIPAL FUNDS, INC. - 2,139,297
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
As of September 30, 2026 the Principal MidCap Fund, a series to the Principal Funds, Inc., had ownership of 2,139,297 shares representing 5.1%.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
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 § 240.14a-11.
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.
PRINCIPAL GLOBAL INVESTORS
Signature:
/s/ J. Markham Penrod
Name/Title:
J. Markham Penrod, Chief Compliance Officer - North America, Principal Asset Management
Date:
10/28/2026
PRINCIPAL REAL ESTATE INVESTORS, LLC
Signature:
/s/ J. Markham Penrod
Name/Title:
J. Markham Penrod, Chief Compliance Officer - North America, Principal Asset Management
Date:
10/28/2026
PRINCIPAL FUNDS, INC.
Signature:
/s/ John L. Sullivan
Name/Title:
John L. Sullivan, Counsel and Assistant Secretary
Date:
10/29/2026
Exhibit Information
This statement is filed by Principal Global Investors LLC, Principal Real Estate Investors LLC, and Principal Funds Inc. jointly pursuant to a Joint Filing Agreement, which is filed with this Schedule 13G as Exhibit 99.1.