HLIT ownership update: Invesco reports 4.44M shares in Schedule 13G/A

Rhea-AI Filing Summary

Invesco Ltd. filed Amendment No. 2 to Schedule 13G disclosing its current position in Harmonic Inc. (HLIT) as of 30 Jun 2025. The firm reports beneficial ownership of 4,444,472 common shares, equal to 3.9 % of the outstanding stock. Voting and dispositive authority rest solely with Invesco: 4,412,402 shares under sole voting power and 4,444,472 under sole dispositive power; no shared powers are reported.

The shares are held on behalf of clients managed by Invesco Advisers, Inc. and Invesco Capital Management LLC. Because the stake is under the 5 % threshold, the passive Schedule 13G filing applies rather than a Schedule 13D. Invesco affirms the holding was acquired in the ordinary course of business and not for the purpose of influencing HLIT’s control.

Positive

• Institutional investor Invesco Ltd. maintains a 3.9 % stake in HLIT, indicating continued professional interest and potential stability in the shareholder base.

Negative

• Stake remains below 5 %, conferring minimal influence under SEC rules and signaling no strategic or activist intent.

Insights

Securities Analyst

TL;DR – Invesco holds 3.9 % of HLIT, a modest, passive position with no control ambitions; limited market impact.

Invesco’s 4.44 M-share stake signals continuing institutional participation but remains below the 5 % activism threshold. Sole voting and dispositive powers suggest straightforward custodial management on behalf of clients rather than strategic accumulation. The filing does not alter HLIT’s ownership landscape materially; it neither introduces a new activist nor removes a major shareholder. Market reaction is likely muted, though investors may view ongoing professional stewardship as a mild vote of confidence.

Corporate Governance Expert

TL;DR – Sub-5 % passive ownership limits governance influence; disclosure maintains transparency.

By certifying ordinary-course intent, Invesco avoids the obligations associated with a Schedule 13D, confirming no intent to influence board or policy. Its 3.9 % holding grants limited sway in shareholder proposals and proxy contests. From a governance standpoint, HLIT’s control profile is unchanged; no heightened takeover or activist risk emerges from this amendment.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Harmonic Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

413160102

(CUSIP Number)

06/30/2025

(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. 413160102

1

Names of Reporting Persons

Invesco Ltd.

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

BERMUDA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 4,412,402.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 4,444,472.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,444,472.00

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)

3.9 %

12

Type of Reporting Person (See Instructions)

HC, IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Harmonic Inc
(b)	Address of issuer's principal executive offices: 4300 North 1st Street, San Jose, CA 95134
Item 2.
(a)	Name of person filing: Invesco Ltd. ("Invesco Ltd.")
(b)	Address or principal business office or, if none, residence: 1331 Spring Street NW, Suite 2500, Atlanta, GA 30309
(c)	Citizenship: Bermuda
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 413160102
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: Invesco Ltd., in its capacity as a parent holding company to its investment advisers, may be deemed to beneficially own 4,444,472 shares of the Issuer which are held of record by clients of Invesco Ltd.
(b)	Percent of class: 3.9 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 4,412,402
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 4,444,472
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
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. However, no one individual has greater than 5% economic ownership. The shareholders of the Fund have the right to receive or the power to direct the receipt of dividends and proceeds from the sale of securities listed above.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Invesco Advisers, Inc. Invesco Capital Management LLC
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.

Invesco Ltd.

Signature:	Robert R. Leveille
Name/Title:	Global Head of Compliance
Date:	08/07/2025

FAQ

How many Harmonic Inc. (HLIT) shares does Invesco own?

4,444,472 common shares as of 30 Jun 2025.

What percentage of HLIT’s outstanding shares is held by Invesco?

The filing reports 3.9 % ownership of the total common stock.

Does Invesco share voting power over HLIT shares?

No. It lists 0 shared voting power and sole authority over 4,412,402 shares.

Why is this a Schedule 13G/A and not a Schedule 13D?

With ownership under 5 % and passive intent, Invesco qualifies for the 13G reporting regime.

Which Invesco subsidiaries manage the HLIT position?

The shares are held through Invesco Advisers, Inc. and Invesco Capital Management LLC.

Is Invesco seeking to influence control of Harmonic Inc.?

No. The certification states the holding was acquired in the ordinary course and not to influence control.