undamentalytics Newsletter

Pics N.V.: which funds bought and sold

Institutions that bought and sold Pics 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, 18 institutions that filed 13F reports for both quarters added to or opened positions in Pics, and 31 cut or closed them. Together they sold a net 3.5M shares, −23.6% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 2.2M shares (−33.5%); index fund managers were net sellers of 258K shares (−30.4%). 9 opened a new position and 17 sold out entirely.

Bought, Q2 2026 18 institutions, 9 of them new holders Sold, Q2 2026 31 institutions, 17 of them sold out
Net change, all compared −3.5M shares (−23.6%)
Net change, active managers −2.2M shares (−33.5%), 5 bought, 15 sold

Buyers versus sellers

institutions compared, 54
Active managers and hedge funds 5 bought · 15 sold · −2.2M
Index fund managers 0 bought · 1 sold · −258K
Other institutions 13 bought · 15 sold · −1.0M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Fil Ltd Active manager +630K +57.2% 1.7M $18.4M
Whetstone Capital Advisors, LLC +206K New position 206K $2.2M
Diametric Capital, LP +195K New position 195K $2.1M
Ameriprise Financial Inc +131K New position 131K $1.4M
Samlyn Capital, LLC Hedge fund +72K +5.2% 1.5M $15.5M
Bluecrest Capital Management Ltd Hedge fund +65K +21.0% 375K $4M
Y-Intercept (Hong Kong) Ltd +61K New position 61K $650,333
Jane Street Group, LLC +53K +68.2% 130K $1.4M
Schonfeld Strategic Advisors LLC Hedge fund +50K +25.4% 246K $2.6M
Bank Of America Corp +34K New position 34K $366,001
Citigroup Inc +33K +51.6% 97K $1M
Marshall Wace, LLP Hedge fund +10K +5.6% 194K $2.1M
State Of Wyoming +8,410 +69.1% 21K $218,702
Persistent Asset Partners Ltd +6,633 New position 6,633 $70,509
Clearstead Advisors, LLC +3,150 New position 3,150 $33,485
Quarry LP +274 New position 274 $2,913
Osaic Holdings, Inc. +100 New position 100 $1,063
Sbi Securities Co., Ltd. +56 +2800.0% 58 $617

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Citadel Advisors LLC Hedge fund −1.3M Sold out 0 —
Goldman Sachs Group Inc −505K −13.8% 3.2M $33.5M
Nishkama Capital, LLC −464K Sold out 0 —
Alyeska Investment Group, L.P. Hedge fund −350K Sold out 0 —
Millennium Management LLC Hedge fund −321K Sold out 0 —
UBS Group AG −278K −64.8% 151K $1.6M
Maverick Capital Ltd Hedge fund −269K Sold out 0 —
Blackrock, Inc. Index funds −258K −31.4% 565K $6M
Burkehill Global Management, LP Hedge fund −150K Sold out 0 —
D. E. Shaw & Co., Inc. Hedge fund −125K Sold out 0 —
Zimmer Partners, LP Hedge fund −125K Sold out 0 —
Ghisallo Capital Management LLC Hedge fund −120K −53.3% 105K $1.1M
Woodline Partners LP Hedge fund −110K Sold out 0 —
Bw Gestao De Investimentos Ltda. −100K Sold out 0 —
HRT Financial LP −92K Sold out 0 —
Two Sigma Investments, LP Hedge fund −84K −53.0% 75K $792,881
Hudson Bay Capital Management LP Hedge fund −84K Sold out 0 —
Morgan Stanley −76K −64.8% 41K $438,637
Readystate Asset Management LP −75K −51.6% 70K $744,100
Mirabella Financial Services LLP −42K −21.4% 154K $1.6M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Whetstone Capital Advisors, LLC 206K $2.2M
Diametric Capital, LP 195K $2.1M
Ameriprise Financial Inc 131K $1.4M
Y-Intercept (Hong Kong) Ltd 61K $650,333
Bank Of America Corp 34K $366,001
Persistent Asset Partners Ltd 6,633 $70,509
Clearstead Advisors, LLC 3,150 $33,485
Quarry LP 274 $2,913
Osaic Holdings, Inc. 100 $1,063

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Citadel Advisors LLCHedge fund 1.3M $13.1M
Nishkama Capital, LLC 464K $4.8M
Alyeska Investment Group, L.P.Hedge fund 350K $3.7M
Millennium Management LLCHedge fund 321K $3.4M
Maverick Capital LtdHedge fund 269K $2.8M
Burkehill Global Management, LPHedge fund 150K $1.6M
D. E. Shaw & Co., Inc.Hedge fund 125K $1.3M
Zimmer Partners, LPHedge fund 125K $1.3M
Woodline Partners LPHedge fund 110K $1.1M
Bw Gestao De Investimentos Ltda. 100K $1M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
38
Ten largest holders
82.9%
of 13F-reported shares
Index fund managers
5.0%
of 13F-reported shares
Active managers and hedge funds
37.4%
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 5 15 0 11 −2.2M −33.5%
Index fund managers 0 1 0 0 −258K −30.4%
Other institutions 13 15 9 6 −1.0M −13.9%

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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