undamentalytics Newsletter

Q2 Holdings, Inc.: which funds bought and sold

Institutions that bought and sold Q2 Holdings 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, 173 institutions that filed 13F reports for both quarters added to or opened positions in Q2 Holdings, and 163 cut or closed them. Together they added a net 3.6M shares, +5.8% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 1.6M shares (+9.6%); index fund managers were net buyers of 806K shares (+3.4%). 36 opened a new position and 54 sold out entirely.

Bought, Q2 2026 173 institutions, 36 of them new holders Sold, Q2 2026 163 institutions, 54 of them sold out
Net change, all compared +3.6M shares (+5.8%)
Net change, active managers +1.6M shares (+9.6%), 25 bought, 31 sold

Buyers versus sellers

institutions compared, 376
Active managers and hedge funds 25 bought · 31 sold · +1.6M
Index fund managers 9 bought · 2 sold · +806K
Other institutions 139 bought · 130 sold · +1.2M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Victory Capital Management Inc Active manager +1.3M +708.4% 1.4M $68.9M
Millennium Management LLC Hedge fund +1.0M +124.1% 1.8M $86.9M
Brown Advisory Inc Active manager +603K +273.5% 824K $39.6M
Goldman Sachs Group Inc +595K +85.7% 1.3M $62M
William Blair Investment Management, LLC Active manager +529K +174.9% 831K $40M
Nomura Asset Management International Inc. +403K +32.7% 1.6M $78.6M
Blackrock, Inc. Index funds +396K +3.9% 10.4M $502M
Algebris (UK) Ltd +375K +53.9% 1.1M $51.3M
Metlife Investment Management, LLC +363K +1046.7% 397K $19.1M
Arrowstreet Capital, Limited Partnership Hedge fund +360K +69.7% 876K $42.1M
Manufacturers Life Insurance Company, The +299K +42.8% 998K $48M
UBS Group AG +261K +210.8% 385K $18.5M
Tributary Capital Management, LLC +243K New position 243K $11.7M
Fort Washington Investment Advisors Inc +200K +41.0% 688K $33.1M
Two Sigma Investments, LP Hedge fund +164K +15.8% 1.2M $57.9M
Nuveen, LLC +156K +23.9% 811K $39M
Gillson Capital LP +150K +170.0% 238K $11.5M
Archon Capital Management LLC +145K New position 145K $7M
Tremblant Capital Group Hedge fund +139K +8.2% 1.8M $88.6M
State Street Corp Index funds +134K +5.4% 2.6M $127M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
North Reef Capital Management LP Hedge fund −621K Sold out 0 —
Assenagon Asset Management S.A. −620K −51.3% 590K $28.4M
Conestoga Capital Advisors, LLC −389K −21.8% 1.4M $67M
Schonfeld Strategic Advisors LLC Hedge fund −350K −75.8% 112K $5.4M
Jpmorgan Chase & Co −314K −53.5% 273K $13M
Ameriprise Financial Inc −297K −47.2% 332K $16M
Massachusetts Financial Services Co Active manager −275K −43.1% 363K $17.5M
Citadel Advisors LLC Hedge fund −256K Sold out 0 —
Qube Research & Technologies Ltd Hedge fund −246K −59.3% 168K $8.1M
Squarepoint Ops LLC Hedge fund −222K Sold out 0 —
Tudor Investment Corp Et Al Hedge fund −219K Sold out 0 —
Morgan Stanley −163K −25.1% 486K $23.4M
Jane Street Group, LLC −156K Sold out 0 —
Capital Research Global Investors Active manager −140K −8.7% 1.5M $71.2M
Ensign Peak Advisors, Inc −135K −96.8% 4,418 $212,506
Point72 Asset Management, L.P. Hedge fund −130K Sold out 0 —
Royal Bank Of Canada −105K −60.7% 68K $3.3M
Trexquant Investment LP Hedge fund −102K −40.4% 151K $7.2M
Jennison Associates LLC Active manager −94K −10.5% 801K $38.5M
Pembroke Management, Ltd −92K Sold out 0 —

New positions

largest by value
InstitutionSharesValue June 30, 2026
Tributary Capital Management, LLC 243K $11.7M
Archon Capital Management LLC 145K $7M
Holocene Advisors, LPHedge fund 49K $2.3M
Apollon Wealth Management, LLC 35K $1.7M
Dockside LLC 22K $1.1M
Allstate Corp 22K $1M
Numerai Gp LLC 14K $682,010
Evergreen Capital Management LLC 14K $676,671
Azzad Asset Management Inc 12K $592,077
Quantbot Technologies LPHedge fund 12K $591,678

Sold out

largest by value
InstitutionSharesValue March 31, 2026
North Reef Capital Management LPHedge fund 621K $29.4M
Citadel Advisors LLCHedge fund 256K $12.1M
Squarepoint Ops LLCHedge fund 222K $10.5M
Tudor Investment Corp Et AlHedge fund 219K $10.4M
Jane Street Group, LLC 156K $7.4M
Point72 Asset Management, L.P.Hedge fund 130K $6.2M
Pembroke Management, Ltd 92K $4.3M
Campbell & Co Investment Adviser LLC 86K $4.1M
Qsemble Capital Management, LP 73K $3.5M
Jump Financial, LLC 66K $3.1M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
327
Ten largest holders
46.0%
of 13F-reported shares
Index fund managers
36.5%
of 13F-reported shares
Active managers and hedge funds
27.3%
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 25 31 3 9 +1.6M +9.6%
Index fund managers 9 2 0 0 +806K +3.4%
Other institutions 139 130 33 45 +1.2M +5.4%

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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