[SCHEDULE 13G/A] Hippo Holdings Inc. SEC Filing

Rhea-AI Filing Summary

Thomas B. Akin and related entities reported collective beneficial ownership of 2,405,304 shares of Hippo Holdings Inc. (HIPO), representing 9.61% of the outstanding common stock. The filing breaks ownership down by holder: Thomas B. Akin directly owns 1,221,832 shares (4.9% of the class), Talkot Fund, LP owns 941,060 shares (3.8%), Talkot Partners V, LP owns 7,412 shares (0.0%), Akin Family Foundation owns 125,000 shares (0.5%), Karen Hochster owns 60,000 shares (0.2%), and Kyle Akin owns 50,000 shares (0.2%). The 9.61% figure is calculated using 25,028,054 shares outstanding as of June 30, 2025 per Hippo’s Form 10-Q. The filing states the securities were not acquired to change or influence control and indicates shared voting and dispositive power over the 2,405,304 shares.

Positive

• Material disclosure of aggregate stake: The group beneficially owns 2,405,304 shares (9.61%) providing clear, material ownership transparency.
• Detailed breakdown: The filing lists exact share counts per reporting person, enabling precise ownership analysis.

Negative

• None.

Insights

Securities Analyst

TL;DR: A correlated group of insiders and affiliated entities reports a 9.61% stake in HIPO, disclosed under Schedule 13G/A.

The filing shows concentrated ownership among related parties, with Thomas B. Akin holding the largest direct stake (1,221,832 shares). The aggregate stake of 9.61% is material and could make the group a meaningful holder for governance discussions, although the filing explicitly states the shares were not acquired to influence control. Voting and dispositive power are reported as shared for the aggregate position. For investors, this disclosure clarifies ownership distribution and confirms the reporting persons’ alignment as a group with shared authority over the reported shares.

Corporate Governance Expert

TL;DR: The Schedule 13G/A documents a related-party group holding just under 10% of HIPO, with shared voting/dispositive authority.

The report identifies multiple related reporting persons and provides exact share counts and percentages based on the company’s June 30, 2025 outstanding share count. The filing includes the required certification that the holdings were not acquired to change or influence control, consistent with passive investor reporting. The information is procedurally complete and useful for assessing potential insider influence, board engagement risk, or future coordination among affiliated holders, without indicating active control attempts in this statement.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Hippo Holdings Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

433539103

(CUSIP Number)

08/22/2025

(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)

SCHEDULE 13G

CUSIP No. 433539103

1

Names of Reporting Persons

AKIN THOMAS B

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

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,221,832.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,221,832.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,221,832.00

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)

4.9 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP No. 433539103

1

Names of Reporting Persons

Talkot Fund, LP

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

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 941,060.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 941,060.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

941,060.00

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)

3.8 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 433539103

1

Names of Reporting Persons

Talkot Partners V, LP

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

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 7,412.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 7,412.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

7,412.00

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)

0.0 %

12

Type of Reporting Person (See Instructions)

EP

SCHEDULE 13G

CUSIP No. 433539103

1

Names of Reporting Persons

Akin Family Foundation

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

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 125,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 125,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

125,000.00

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)

0.5 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 433539103

1

Names of Reporting Persons

Karen Hochster

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

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 60,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 60,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

60,000.00

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)

0.2 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP No. 433539103

1

Names of Reporting Persons

Kyle Akin

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

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 50,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 50,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

50,000.00

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)

0.2 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Hippo Holdings Inc.
(b)	Address of issuer's principal executive offices: ONE ALMADEN BLVD, SUITE 400, SAN JOSE, CALIFORNIA, 95113
Item 2.
(a)	Name of person filing: Thomas B. Akin Talkot Fund, LP Talkot Partners V, LP Akin Family Foundation Karen Hochster Kyle Akin
(b)	Address or principal business office or, if none, residence: 100 Meadowcreek Dr Suite 150 Corte Madera, CA 94925
(c)	Citizenship: USA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 433539103
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: Thomas B. Akin, Talkot Fund LP, Talkot Partners V LP, Akin Family Foundation, Karen Hochster, and Kyle Akin beneficially own 2,405,304 shares of Common Stock. Of such 2,405,304 shares of Common Stock, Thomas B. Akin directly beneficially owns 1,221,832 shares of Common Stock, Talkot Fund LP directly beneficially owns 941,060 shares of Common Stock, Talkot Partners V LP directly beneficially owns 7,412 shares of Common Stock, Akin Family Foundation directly beneficially owns 125,000 shares of Common Stock, Karen Hochster directly beneficially owns 60,000 shares of Common Stock, and Kyle Akin directly beneficially owns 50,000 shares of Common Stock.
(b)	Percent of class: 9.61% The percentage is based on 25,028,054 shares of Common Stock issued and outstanding as of June 30, 2025, as reported in form 10Q filed with the Securities and Exchange Commission (the "Commission") on August 6, 2025.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 2,405,304
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 2,405,304
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
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 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.

AKIN THOMAS B

Signature:	Thomas B. Akin
Name/Title:	Thomas B Akin, Managing Partner
Date:	08/25/2025

Talkot Fund, LP

Signature:	Thomas B Akin
Name/Title:	Thomas B Akin, Managing Partner
Date:	08/25/2025

Talkot Partners V, LP

Signature:	Thomas B Akin
Name/Title:	Thomas B Akin, Managing Partner
Date:	08/25/2025

Akin Family Foundation

Signature:	Thomas B Akin
Name/Title:	Thomas B Akin, Managing Partner
Date:	08/25/2025

Karen Hochster

Signature:	Karen Hochster
Name/Title:	Karen Hochster
Date:	08/25/2025

Kyle Akin

Signature:	Kyle Akin
Name/Title:	Kyle Akin
Date:	08/25/2025

FAQ

What percentage of Hippo Holdings (HIPO) is reported in this Schedule 13G/A?

The reporting persons collectively beneficially own 9.61% of HIPO based on 25,028,054 shares outstanding as of June 30, 2025.

How many shares does Thomas B. Akin directly own in HIPO?

Thomas B. Akin directly beneficially owns 1,221,832 shares (4.9% of the class).

Which entities are included in the group filing this Schedule 13G/A?

The filing names Thomas B. Akin, Talkot Fund, LP, Talkot Partners V, LP, Akin Family Foundation, Karen Hochster, and Kyle Akin as reporting persons.

Are the shares reported as held to influence control of the issuer?

No. The certification states the shares were not acquired and are not held to change or influence control of Hippo Holdings.

What voting and dispositive power is reported for the group?

The filing reports shared voting power and shared dispositive power over 2,405,304 shares for the aggregated group.