undamentalytics Newsletter

Coupang, Inc.: which funds bought and sold

Institutions that bought and sold Coupang shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 253 institutions that filed 13F reports for both quarters added to or opened positions in Coupang, and 335 cut or closed them. Together they sold a net 46.9M shares, −3.4% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 101.9M shares (−16.7%); index fund managers were net sellers of 5.1M shares (−3.3%). 76 opened a new position and 93 sold out entirely.

Bought, Q2 2026 253 institutions, 76 of them new holders Sold, Q2 2026 335 institutions, 93 of them sold out
Net change, all compared −46.9M shares (−3.4%)
Net change, active managers −101.9M shares (−16.7%), 47 bought, 43 sold

Buyers versus sellers

institutions compared, 667
Active managers and hedge funds 47 bought · 43 sold · −101.9M
Index fund managers 4 bought · 8 sold · −5.1M
Other institutions 202 bought · 284 sold · +60.1M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Aspex Management (HK) Ltd +22.0M +137.1% 38.0M $661M
Artisan Partners Limited Partnership Active manager +16.8M +49.8% 50.4M $876M
Point72 Asset Management, L.P. Hedge fund +14.6M +187.5% 22.4M $389M
Massachusetts Institute Of Technology +9.9M +51.5% 29.1M $506M
Assenagon Asset Management S.A. +9.4M +54.7% 26.5M $460M
Invesco Ltd. +6.1M +446.0% 7.5M $130M
Goldman Sachs Group Inc +5.9M +40.9% 20.4M $355M
Harris Associates L P Active manager +4.3M +43.2% 14.3M $248M
Dream Peak Capital Ltd +3.9M +78.0% 8.9M $154M
Marshall Wace, LLP Hedge fund +3.6M New position 3.6M $62.4M
Squarepoint Ops LLC Hedge fund +3.5M New position 3.5M $61.3M
Pointstate Capital LP Hedge fund +3.4M +463.8% 4.2M $72.2M
Balyasny Asset Management L.P. Hedge fund +3.3M New position 3.3M $57.2M
Jane Street Group, LLC +3.3M +205.9% 4.9M $84.5M
Madison Avenue Partners, LP Hedge fund +3.1M +33.0% 12.5M $216M
Irenic Capital Management LP Hedge fund +2.5M New position 2.5M $43.2M
Avantyr Capital Partners, LP +2.4M New position 2.4M $42.2M
American Century Companies Inc Active manager +2.4M +79.2% 5.3M $92.5M
Two Sigma Investments, LP Hedge fund +2.2M +870.4% 2.5M $42.8M
Carrhae Capital LLP Hedge fund +2.2M New position 2.2M $38.2M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Baillie Gifford & Co Active manager −41.9M −34.7% 78.7M $1.4B
Capital International Investors Active manager −40.8M −92.1% 3.5M $61M
Dragoneer Investment Group, LLC Hedge fund −27.9M Sold out 0 —
Eminence Capital, LP Hedge fund −15.5M Sold out 0 —
Price T Rowe Associates Inc Active manager −12.2M −76.7% 3.7M $64M
Durable Capital Partners LP Hedge fund −9.0M −69.8% 3.9M $67.4M
Jpmorgan Chase & Co −6.8M −49.8% 6.8M $119M
FMR LLC Active manager −6.7M −40.2% 9.9M $172M
Morgan Stanley −6.1M −10.9% 50.0M $869M
Jacobs Levy Equity Management, Inc Active manager −4.4M −59.6% 3.0M $52.4M
Holocene Advisors, LP Hedge fund −4.0M −22.1% 14.1M $246M
D. E. Shaw & Co., Inc. Hedge fund −3.9M −76.4% 1.2M $21M
Foxhaven Asset Management, LP Hedge fund −3.3M −22.4% 11.5M $200M
Massachusetts Financial Services Co Active manager −3.2M −41.4% 4.5M $77.9M
Blackrock, Inc. Index funds −2.5M −3.8% 62.4M $1.1B
Columbus Hill Capital Management, L.P. −1.7M −31.3% 3.8M $66.4M
Sands Capital Management, LLC Active manager −1.6M −17.6% 7.6M $131M
Fund 1 Investments, LLC −1.6M −94.3% 96K $1.7M
Hmi Capital Management, L.P. −1.5M −24.9% 4.4M $76.7M
Arrowstreet Capital, Limited Partnership Hedge fund −1.5M −31.3% 3.2M $55.2M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Marshall Wace, LLPHedge fund 3.6M $62.4M
Squarepoint Ops LLCHedge fund 3.5M $61.3M
Balyasny Asset Management L.P.Hedge fund 3.3M $57.2M
Irenic Capital Management LPHedge fund 2.5M $43.2M
Avantyr Capital Partners, LP 2.4M $42.2M
Carrhae Capital LLPHedge fund 2.2M $38.2M
Estuary Capital Management LP 2.1M $36.7M
Scge Management, L.P.Hedge fund 2.1M $36.3M
Caisse De Depot Et Placement Du Quebec 981K $17M
HRT Financial LP 939K $16.3M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Dragoneer Investment Group, LLCHedge fund 27.9M $526M
Eminence Capital, LPHedge fund 15.5M $293M
Healthcare Of Ontario Pension Plan Trust Fund 781K $14.8M
Pensiondanmark Pensionsforsikringsaktieselskab 596K $11.2M
Federated Hermes, Inc.Active manager 511K $9.6M
Nishkama Capital, LLC 479K $9M
Allen Operations LLC 325K $6.1M
Bank Of Nova Scotia 267K $5M
Archon Partners LLC 220K $4.2M
Choreo, LLC 174K $3.3M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
586
Ten largest holders
54.2%
of 13F-reported shares
Index fund managers
11.0%
of 13F-reported shares
Active managers and hedge funds
37.5%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 47 43 18 9 −101.9M −16.7%
Index fund managers 4 8 0 0 −5.1M −3.3%
Other institutions 202 284 58 84 +60.1M +9.7%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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