undamentalytics Newsletter

TPG Inc.: which funds bought and sold

Institutions that bought and sold TPG 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, 204 institutions that filed 13F reports for both quarters added to or opened positions in TPG, and 173 cut or closed them. Together they added a net 11.7M shares, +9.0% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 7.5M shares (+12.3%); index fund managers were net buyers of 814K shares (+2.9%). 61 opened a new position and 56 sold out entirely.

Bought, Q2 2026 204 institutions, 61 of them new holders Sold, Q2 2026 173 institutions, 56 of them sold out
Net change, all compared +11.7M shares (+9.0%)
Net change, active managers +7.5M shares (+12.3%), 30 bought, 29 sold

Buyers versus sellers

institutions compared, 411
Active managers and hedge funds 30 bought · 29 sold · +7.5M
Index fund managers 7 bought · 3 sold · +814K
Other institutions 167 bought · 141 sold · +3.4M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Wellington Management Group LLP Active manager +3.0M +38.1% 11.0M $447M
Balyasny Asset Management L.P. Hedge fund +2.7M +202.4% 4.1M $165M
Junto Capital Management LP Hedge fund +2.0M New position 2.0M $82.8M
Price T Rowe Associates Inc Active manager +1.6M +81.4% 3.6M $147M
Holocene Advisors, LP Hedge fund +1.3M +1912.4% 1.4M $55.3M
Millennium Management LLC Hedge fund +1.2M +18.5% 7.8M $318M
Longaeva Partners L.P. +1.0M New position 1.0M $40.7M
Goldman Sachs Group Inc +980K +109.4% 1.9M $76M
Algebris (UK) Ltd +799K New position 799K $32.3M
Assenagon Asset Management S.A. +724K +921.5% 803K $32.5M
Macquarie Group Ltd +673K New position 673K $27.3M
Caz Investments LP +650K New position 650K $26.4M
Nomura Asset Management International Inc. +627K +1384.2% 673K $27.3M
Capital International Investors Active manager +585K +11.5% 5.7M $229M
Canyon Capital Advisors LLC Hedge fund +584K New position 584K $23.7M
Alliancebernstein L.P. Active manager +474K +152.1% 785K $31.8M
Franklin Resources Inc Active manager +447K +29.3% 2.0M $80.1M
Picton Mahoney Asset Management +393K New position 393K $15.9M
Vulcan Value Partners, LLC Active manager +376K +18.9% 2.4M $95.8M
Vanguard Capital Management LLC Index funds +371K +6.1% 6.5M $262M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Capital World Investors Active manager −2.4M −82.1% 535K $21.7M
T. Rowe Price Investment Management, Inc. Active manager −2.4M −74.1% 822K $33.3M
Citadel Advisors LLC Hedge fund −643K −17.1% 3.1M $126M
Apollo Management Holdings, L.P. −624K −24.7% 1.9M $77.3M
Morgan Stanley −612K −21.6% 2.2M $89.8M
Point72 Asset Management, L.P. Hedge fund −565K −21.2% 2.1M $85.5M
Public Sector Pension Investment Board −503K −98.1% 10K $405,500
Tudor Investment Corp Et Al Hedge fund −486K −92.3% 41K $1.7M
D. E. Shaw & Co., Inc. Hedge fund −448K Sold out 0 —
Jane Street Group, LLC −436K −58.2% 313K $12.7M
First Trust Advisors LP −376K Sold out 0 —
Qube Research & Technologies Ltd Hedge fund −353K −13.7% 2.2M $90M
South Street Advisors LLC −320K Sold out 0 —
HRT Financial LP −284K Sold out 0 —
Xtx Topco Ltd −278K Sold out 0 —
FMR LLC Active manager −268K −87.6% 38K $1.5M
Los Angeles Capital Management LLC Active manager −267K −99.8% 602 $24,411
Jennison Associates LLC Active manager −231K −81.6% 52K $2.1M
Jpmorgan Chase & Co −214K −45.8% 253K $10.1M
Dark Forest Capital Management LP −204K −96.6% 7,231 $293,217

New positions

largest by value
InstitutionSharesValue June 30, 2026
Junto Capital Management LPHedge fund 2.0M $82.8M
Longaeva Partners L.P. 1.0M $40.7M
Algebris (UK) Ltd 799K $32.3M
Macquarie Group Ltd 673K $27.3M
Caz Investments LP 650K $26.4M
Canyon Capital Advisors LLCHedge fund 584K $23.7M
Picton Mahoney Asset Management 393K $15.9M
Susquehanna Fundamental Investments, LLC 302K $12.2M
Bw Gestao De Investimentos Ltda. 301K $12.2M
Interval Partners, LPHedge fund 144K $5.8M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
D. E. Shaw & Co., Inc.Hedge fund 448K $18.1M
First Trust Advisors LP 376K $15.2M
South Street Advisors LLC 320K $13M
HRT Financial LP 284K $11.5M
Xtx Topco Ltd 278K $11.3M
Trexquant Investment LPHedge fund 168K $6.8M
Sciencast Management LP 159K $6.5M
Healthcare Of Ontario Pension Plan Trust Fund 159K $6.4M
Prana Capital Management, LPHedge fund 154K $6.2M
Qsemble Capital Management, LP 143K $5.8M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
366
Ten largest holders
50.1%
of 13F-reported shares
Index fund managers
20.3%
of 13F-reported shares
Active managers and hedge funds
47.3%
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 30 29 5 9 +7.5M +12.3%
Index fund managers 7 3 0 0 +814K +2.9%
Other institutions 167 141 56 47 +3.4M +8.4%

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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