GAP Inc: which funds bought and sold

Institutions that bought and sold GAP 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, 226 institutions that filed 13F reports for both quarters added to or opened positions in GAP, and 275 cut or closed them. Together they sold a net 12.2M shares, −5.3% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 7.3M shares (+11.8%); index fund managers were net buyers of 1.1M shares (+1.7%). 79 opened a new position and 89 sold out entirely.

Bought, Q2 2026 226 institutions, 79 of them new holders Sold, Q2 2026 275 institutions, 89 of them sold out

Net change, all compared −12.2M shares (−5.3%)

Net change, active managers +7.3M shares (+11.8%), 34 bought, 25 sold

Buyers versus sellers

institutions compared, 563

226 bought 62 275 sold

Active managers and hedge funds 34 bought · 25 sold · +7.3M

Index fund managers 5 bought · 7 sold · +1.1M

Other institutions 187 bought · 243 sold · −20.5M

Biggest buyers

by change in shares held

Biggest buyers
Institution	Change in shares	Shares June 30, 2026	Value
Arrowstreet Capital, Limited Partnership Hedge fund	+4.5M +100.1%	9.1M	$170M
AQR Capital Management LLC Hedge fund	+3.1M +27.1%	14.7M	$267M
Goldman Sachs Group Inc	+3.0M +217.2%	4.4M	$82.4M
Capital Research Global Investors Active manager	+2.9M New position	2.9M	$54.3M
Millennium Management LLC Hedge fund	+2.5M New position	2.5M	$47M
Dimensional Fund Advisors LP	+1.9M +13.6%	16.2M	$302M
Pacer Advisors, Inc.	+1.8M +6871.3%	1.9M	$34.8M
First Trust Advisors LP	+1.3M +57.8%	3.6M	$66.5M
Schonfeld Strategic Advisors LLC Hedge fund	+1.2M New position	1.2M	$22.7M
Citadel Advisors LLC Hedge fund	+1.2M +6359.1%	1.2M	$22.7M
Blackrock, Inc. Index funds	+970K +4.4%	23.0M	$429M
UBS Group AG	+918K +49.7%	2.8M	$51.7M
Barclays PLC	+835K +67.4%	2.1M	$38.8M
Victory Capital Management Inc Active manager	+697K +12.8%	6.1M	$115M
Voloridge Investment Management, LLC Hedge fund	+664K New position	664K	$12.4M
American Century Companies Inc Active manager	+603K +47.9%	1.9M	$34.8M
Connor, Clark & Lunn Investment Management Ltd.	+586K +593.8%	685K	$12.8M
LSV Asset Management Active manager	+567K +16.1%	4.1M	$76.3M
Wells Fargo & Company	+552K +371.2%	701K	$13.1M
Jacobs Levy Equity Management, Inc Active manager	+545K +187.8%	835K	$15.6M

Biggest buyers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
Arrowstreet Capital, Limited Partnership Hedge fund	+4.5M +100.1%	9.1M	$170M
AQR Capital Management LLC Hedge fund	+3.1M +27.1%	14.7M	$267M
Capital Research Global Investors Active manager	+2.9M New position	2.9M	$54.3M
Millennium Management LLC Hedge fund	+2.5M New position	2.5M	$47M
Schonfeld Strategic Advisors LLC Hedge fund	+1.2M New position	1.2M	$22.7M
Citadel Advisors LLC Hedge fund	+1.2M +6359.1%	1.2M	$22.7M
Victory Capital Management Inc Active manager	+697K +12.8%	6.1M	$115M
Voloridge Investment Management, LLC Hedge fund	+664K New position	664K	$12.4M
American Century Companies Inc Active manager	+603K +47.9%	1.9M	$34.8M
LSV Asset Management Active manager	+567K +16.1%	4.1M	$76.3M

Biggest sellers

by change in shares held

Biggest sellers
Institution	Change in shares	Shares June 30, 2026	Value
DZ Bank AG Deutsche Zentral Genossenschafts Bank, Frankfurt Am Main	−14.0M −98.1%	269K	$5M
Ameriprise Financial Inc	−8.9M −73.8%	3.2M	$59.2M
Morgan Stanley	−4.4M −68.9%	2.0M	$37M
FMR LLC Active manager	−2.5M −36.2%	4.4M	$82.6M
Marshall Wace, LLP Hedge fund	−2.1M −93.5%	149K	$2.8M
Two Sigma Investments, LP Hedge fund	−2.0M −50.3%	2.0M	$37.1M
Quantinno Capital Management LP	−1.5M −62.7%	914K	$17.1M
Squarepoint Ops LLC Hedge fund	−1.5M Sold out	0	—
Franklin Resources Inc Active manager	−1.4M −26.8%	3.9M	$73.1M
Jane Street Group, LLC	−1.1M −57.7%	801K	$15M
Bwcp, LP	−618K Sold out	0	—
Jpmorgan Chase & Co	−603K −13.3%	3.9M	$73.7M
Holocene Advisors, LP Hedge fund	−600K Sold out	0	—
Man Group PLC Hedge fund	−559K −58.6%	395K	$7.4M
Hightower Advisors, LLC	−512K −41.8%	714K	$13.3M
D. E. Shaw & Co., Inc. Hedge fund	−481K −92.2%	41K	$760,369
Corient Private Wealth LP	−464K −84.7%	84K	$1.6M
Renaissance Technologies LLC Hedge fund	−439K Sold out	0	—
Danske Bank A/S	−423K −99.9%	300	$5,604
Westwood Holdings Group Inc Active manager	−404K Sold out	0	—

Biggest sellers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
FMR LLC Active manager	−2.5M −36.2%	4.4M	$82.6M
Marshall Wace, LLP Hedge fund	−2.1M −93.5%	149K	$2.8M
Two Sigma Investments, LP Hedge fund	−2.0M −50.3%	2.0M	$37.1M
Squarepoint Ops LLC Hedge fund	−1.5M Sold out	0	—
Franklin Resources Inc Active manager	−1.4M −26.8%	3.9M	$73.1M
Holocene Advisors, LP Hedge fund	−600K Sold out	0	—
Man Group PLC Hedge fund	−559K −58.6%	395K	$7.4M
D. E. Shaw & Co., Inc. Hedge fund	−481K −92.2%	41K	$760,369
Renaissance Technologies LLC Hedge fund	−439K Sold out	0	—
Westwood Holdings Group Inc Active manager	−404K Sold out	0	—

New positions

largest by value

Institution	Shares	Value June 30, 2026
Capital Research Global InvestorsActive manager	2.9M	$54.3M
Millennium Management LLCHedge fund	2.5M	$47M
Schonfeld Strategic Advisors LLCHedge fund	1.2M	$22.7M
Voloridge Investment Management, LLCHedge fund	664K	$12.4M
Natixis	538K	$10.1M
Y-Intercept (Hong Kong) Ltd	482K	$9M
Msa Advisors, LLC	309K	$5.8M
Worldquant Millennium Advisors LLCHedge fund	286K	$5.3M
ING Groep NV	264K	$4.9M
Ninety One Uk Ltd	232K	$4.3M

Sold out

largest by value

Institution	Shares	Value March 31, 2026
Squarepoint Ops LLCHedge fund	1.5M	$36.7M
Bwcp, LP	618K	$14.9M
Holocene Advisors, LPHedge fund	600K	$14.5M
Renaissance Technologies LLCHedge fund	439K	$10.6M
Westwood Holdings Group IncActive manager	404K	$9.8M
Boston PartnersActive manager	296K	$7.2M
Candriam S.C.A.	273K	$6.6M
Landscape Capital Management, L.L.C.	232K	$5.6M
Nicholas Investment Partners, LP	209K	$5M
Jefferies Financial Group Inc.	188K	$4.5M

Who holds the shares

13F holdings at June 30, 2026

Institutions reporting: 483
Ten largest holders: 49.0%
Index fund managers: 28.9%
Active managers and hedge funds: 31.3%

Buying and selling by type of institution, March 31, 2026 to June 30, 2026
Type	Bought	Sold	New	Sold out	Net change in shares	Net %
Active managers and hedge funds	34	25	16	10	+7.3M	+11.8%
Index fund managers	5	7	0	1	+1.1M	+1.7%
Other institutions	187	243	63	78	−20.5M	−19.6%

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.

What these filings can and cannot tell you

Form 13F lists the long positions in US-listed shares held by investment managers with more than $100 million in such holdings. Managers file it up to 45 days after each quarter ends, so this page shows what funds held at the end of each quarter, not what they are doing now: a position may have changed since. Short positions, most derivatives and smaller managers are not included, and a cut can mean a fund lost clients or rebalanced rather than a view on GAP.

Only managers that filed a holdings report for both quarters are compared (563 here). 16 other holders are left out: first-time or late filers, firms that changed their SEC registration, and filings that withheld positions under confidential treatment, any of which would otherwise look like a new position or a sale. Figures are as reported by each manager in the SEC's quarterly 13F data sets; option positions are excluded.

← Back to GAP Inc · Insiders · Politicians