Reddit, Inc.: which funds bought and sold

Institutions that bought and sold Reddit 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, 542 institutions that filed 13F reports for both quarters added to or opened positions in Reddit, and 337 cut or closed them. Together they added a net 5.9M shares, +5.0% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 4.1M shares (+8.6%); index fund managers were net buyers of 1.0M shares (+3.7%). 188 opened a new position and 97 sold out entirely.

Bought, Q2 2026 542 institutions, 188 of them new holders Sold, Q2 2026 337 institutions, 97 of them sold out

Net change, all compared +5.9M shares (+5.0%)

Net change, active managers +4.1M shares (+8.6%), 50 bought, 44 sold

Buyers versus sellers

institutions compared, 971

542 bought 92 337 sold

Active managers and hedge funds 50 bought · 44 sold · +4.1M

Index fund managers 9 bought · 1 sold · +1.0M

Other institutions 483 bought · 292 sold · +754K

Biggest buyers

by change in shares held

Biggest buyers
Institution	Change in shares	Shares June 30, 2026	Value
Jericho Capital Asset Management L.P. Hedge fund	+3.3M New position	3.3M	$579M
Edgewood Management LLC Active manager	+1.7M New position	1.7M	$287M
Citigroup Inc	+833K +67.3%	2.1M	$359M
American Century Companies Inc Active manager	+823K +185.5%	1.3M	$220M
Millennium Management LLC Hedge fund	+677K +1262.9%	730K	$127M
Wt Asset Management Ltd	+448K +210.0%	661K	$115M
T. Rowe Price Investment Management, Inc. Active manager	+389K +17.7%	2.6M	$449M
Jacobs Levy Equity Management, Inc Active manager	+378K +10339.7%	381K	$66.2M
Blackrock, Inc. Index funds	+342K +4.5%	8.0M	$1.4B
BNP Paribas Financial Markets	+339K +373.2%	429K	$74.5M
Broad Bay Capital Management, LP	+323K New position	323K	$56M
Franklin Resources Inc Active manager	+320K +5662.8%	325K	$56.5M
Neuberger Berman Group LLC Active manager	+313K +40.3%	1.1M	$189M
Capital Impact Advisors, LLC	+307K +744.7%	348K	$60.4M
AQR Capital Management LLC Hedge fund	+294K +3157.7%	303K	$52.6M
Wellington Management Group LLP Active manager	+280K +21.8%	1.6M	$272M
UBS Group AG	+272K +18.7%	1.7M	$300M
Blue Grotto Capital, LLC	+271K New position	271K	$47M
Portman Square Capital LLP	+259K +474.9%	314K	$54.5M
Styrax Capital, LP	+250K New position	250K	$43.4M

Biggest buyers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
Jericho Capital Asset Management L.P. Hedge fund	+3.3M New position	3.3M	$579M
Edgewood Management LLC Active manager	+1.7M New position	1.7M	$287M
American Century Companies Inc Active manager	+823K +185.5%	1.3M	$220M
Millennium Management LLC Hedge fund	+677K +1262.9%	730K	$127M
T. Rowe Price Investment Management, Inc. Active manager	+389K +17.7%	2.6M	$449M
Jacobs Levy Equity Management, Inc Active manager	+378K +10339.7%	381K	$66.2M
Franklin Resources Inc Active manager	+320K +5662.8%	325K	$56.5M
Neuberger Berman Group LLC Active manager	+313K +40.3%	1.1M	$189M
AQR Capital Management LLC Hedge fund	+294K +3157.7%	303K	$52.6M
Wellington Management Group LLP Active manager	+280K +21.8%	1.6M	$272M

Biggest sellers

by change in shares held

Biggest sellers
Institution	Change in shares	Shares June 30, 2026	Value
Jpmorgan Chase & Co	−3.5M −80.0%	881K	$155M
Marshall Wace, LLP Hedge fund	−1.0M −41.6%	1.5M	$253M
Alyeska Investment Group, L.P. Hedge fund	−1.0M Sold out	0	—
Viking Global Investors LP Hedge fund	−986K −38.6%	1.6M	$272M
Invesco Ltd.	−842K −75.2%	278K	$48.3M
Alliancebernstein L.P. Active manager	−703K −14.4%	4.2M	$561M
Federated Hermes, Inc. Active manager	−610K −63.9%	345K	$59.8M
Morgan Stanley	−471K −23.0%	1.6M	$275M
Qube Research & Technologies Ltd Hedge fund	−399K −39.6%	608K	$105M
Lord, Abbett & Co. LLC	−268K −86.6%	41K	$7.2M
Fund 1 Investments, LLC	−244K −74.5%	84K	$14.5M
Mackenzie Financial Corp	−226K −80.8%	54K	$9.3M
Think Investments LP	−198K Sold out	0	—
Barclays PLC	−198K −42.3%	270K	$46.9M
National Pension Service	−184K −88.0%	25K	$4.4M
Victory Capital Management Inc Active manager	−177K −56.9%	134K	$23.3M
Acadian Asset Management LLC Active manager	−156K −97.2%	4,534	$784,000
Carnegie Investment Counsel	−156K −85.4%	27K	$4.6M
Schroder Investment Management Group Active manager	−155K −46.6%	177K	$30.8M
Ghisallo Capital Management LLC Hedge fund	−150K Sold out	0	—

Biggest sellers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
Marshall Wace, LLP Hedge fund	−1.0M −41.6%	1.5M	$253M
Alyeska Investment Group, L.P. Hedge fund	−1.0M Sold out	0	—
Viking Global Investors LP Hedge fund	−986K −38.6%	1.6M	$272M
Alliancebernstein L.P. Active manager	−703K −14.4%	4.2M	$561M
Federated Hermes, Inc. Active manager	−610K −63.9%	345K	$59.8M
Qube Research & Technologies Ltd Hedge fund	−399K −39.6%	608K	$105M
Victory Capital Management Inc Active manager	−177K −56.9%	134K	$23.3M
Acadian Asset Management LLC Active manager	−156K −97.2%	4,534	$784,000
Schroder Investment Management Group Active manager	−155K −46.6%	177K	$30.8M
Ghisallo Capital Management LLC Hedge fund	−150K Sold out	0	—

New positions

largest by value

Institution	Shares	Value June 30, 2026
Jericho Capital Asset Management L.P.Hedge fund	3.3M	$579M
Edgewood Management LLCActive manager	1.7M	$287M
Broad Bay Capital Management, LP	323K	$56M
Blue Grotto Capital, LLC	271K	$47M
Styrax Capital, LP	250K	$43.4M
Dje Kapital AG	249K	$43.1M
Healthcare Of Ontario Pension Plan Trust Fund	242K	$42M
Quadrature Capital LtdHedge fund	213K	$36.9M
Light Street Capital Management, LLCHedge fund	183K	$31.7M
Meridiem Capital Partners LP	171K	$29.6M

Sold out

largest by value

Institution	Shares	Value March 31, 2026
Alyeska Investment Group, L.P.Hedge fund	1.0M	$136M
Think Investments LP	198K	$26.7M
Ghisallo Capital Management LLCHedge fund	150K	$20.2M
Stephens Investment Management Group LLC	132K	$17.8M
Distillate Capital Partners LLC	118K	$15.9M
Polar Capital Holdings PLCActive manager	112K	$15.1M
Ardmore Road Asset Management LP	90K	$12.1M
Group One Trading LLC	57K	$7.7M
Teamwork Financial Advisors, LLC	49K	$6.6M
Two Sigma Investments, LPHedge fund	38K	$5.1M

Who holds the shares

13F holdings at June 30, 2026

Institutions reporting: 888
Ten largest holders: 38.9%
Index fund managers: 23.0%
Active managers and hedge funds: 41.5%

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	50	44	20	12	+4.1M	+8.6%
Index fund managers	9	1	0	0	+1.0M	+3.7%
Other institutions	483	292	168	85	+754K	+1.7%

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.

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 Reddit.

Only managers that filed a holdings report for both quarters are compared (971 here). 21 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.

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