USA Rare Earth, Inc.: which funds bought and sold
Institutions that bought and sold USA Rare Earth 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, 263 institutions that filed 13F reports for both quarters added to or opened positions in USA Rare Earth, and 106 cut or closed them. Together they added a net 10.1M shares, +7.9% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 5.7M shares (+17.5%); index fund managers were net buyers of 7.9M shares (+17.7%). 116 opened a new position and 44 sold out entirely.
Bought, Q2 2026 263 institutions, 116 of them new holders Sold, Q2 2026 106 institutions, 44 of them sold out
Net change, all compared +10.1M shares (+7.9%)
Net change, active managers +5.7M shares (+17.5%), 30 bought, 15 sold
Buyers versus sellers
263 bought 56 106 sold
Active managers and hedge funds 30 bought · 15 sold · +5.7M
Index fund managers 9 bought · 2 sold · +7.9M
Other institutions 224 bought · 89 sold · −3.5M
Biggest buyers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Price T Rowe Associates Inc Active manager | +5.7M +178.3% | 8.9M | $192M |
| UBS Group AG | +5.0M +129.5% | 8.9M | $192M |
| Vanguard Portfolio Management LLC Index funds | +4.1M +290.4% | 5.5M | $119M |
| Renaissance Technologies LLC Hedge fund | +3.0M +313.6% | 4.0M | $85.3M |
| Jpmorgan Chase & Co | +1.7M +729.6% | 2.0M | $41.9M |
| Blackrock, Inc. Index funds | +1.5M +10.5% | 15.6M | $336M |
| State Street Corp Index funds | +1.5M +12.1% | 13.5M | $292M |
| Artisan Partners Limited Partnership Active manager | +954K New position | 954K | $20.6M |
| Citadel Advisors LLC Hedge fund | +819K +87.6% | 1.8M | $37.9M |
| Marex Group Ltd | +697K +48.2% | 2.1M | $46.2M |
| Nomura Asset Management Co Ltd | +617K New position | 617K | $13.3M |
| Geode Capital Management, LLC Index funds | +540K +12.5% | 4.9M | $105M |
| T. Rowe Price Investment Management, Inc. Active manager | +518K New position | 518K | $11.2M |
| Squarepoint Ops LLC Hedge fund | +511K +1460.9% | 546K | $11.8M |
| Korea Investment Corp | +384K +84.5% | 839K | $18.1M |
| Rokos Capital Management LLP Hedge fund | +346K New position | 346K | $7.5M |
| American Century Companies Inc Active manager | +326K New position | 326K | $7M |
| New York State Common Retirement Fund | +300K +518.1% | 358K | $7.7M |
| LPL Financial LLC | +261K +81.9% | 579K | $12.5M |
| Driehaus Capital Management LLC Active manager | +247K +35.4% | 942K | $20.3M |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Price T Rowe Associates Inc Active manager | +5.7M +178.3% | 8.9M | $192M |
| Renaissance Technologies LLC Hedge fund | +3.0M +313.6% | 4.0M | $85.3M |
| Artisan Partners Limited Partnership Active manager | +954K New position | 954K | $20.6M |
| Citadel Advisors LLC Hedge fund | +819K +87.6% | 1.8M | $37.9M |
| T. Rowe Price Investment Management, Inc. Active manager | +518K New position | 518K | $11.2M |
| Squarepoint Ops LLC Hedge fund | +511K +1460.9% | 546K | $11.8M |
| Rokos Capital Management LLP Hedge fund | +346K New position | 346K | $7.5M |
| American Century Companies Inc Active manager | +326K New position | 326K | $7M |
| Driehaus Capital Management LLC Active manager | +247K +35.4% | 942K | $20.3M |
| Man Group PLC Hedge fund | +119K New position | 119K | $2.6M |
Biggest sellers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Alyeska Investment Group, L.P. Hedge fund | −5.3M −31.9% | 11.3M | $244M |
| Trustees Of The University Of Pennsylvania | −4.4M −89.8% | 493K | $10.6M |
| Bayshore Capital Advisors, LLC | −4.3M −49.2% | 4.4M | $95.8M |
| Inflection Point Holdings Ii LLC | −3.1M Sold out | 0 | — |
| Newtyn Management, LLC | −2.3M Sold out | 0 | — |
| Adage Capital Partners Gp, L.L.C. Hedge fund | −1.2M Sold out | 0 | — |
| Weiss Asset Management LP | −861K −76.2% | 269K | $5.8M |
| Hood River Capital Management LLC | −554K −13.1% | 3.7M | $79.6M |
| Encompass Capital Advisors LLC | −465K Sold out | 0 | — |
| Jain Global LLC Hedge fund | −373K −87.0% | 56K | $1.2M |
| Citigroup Inc | −334K −21.2% | 1.2M | $26.8M |
| Reaves W H & Co Inc | −320K −13.8% | 2.0M | $43.2M |
| Seven Grand Managers, LLC | −263K Sold out | 0 | — |
| Toronto Dominion Bank | −251K Sold out | 0 | — |
| Point72 Asset Management, L.P. Hedge fund | −221K Sold out | 0 | — |
| Invesco Ltd. | −186K −28.2% | 472K | $10.2M |
| Goldman Sachs Group Inc | −177K −17.6% | 832K | $17.9M |
| Vanguard Capital Management LLC Index funds | −121K −1.5% | 8.2M | $178M |
| Sovran Advisors, LLC | −118K −25.8% | 339K | $4.8M |
| Xtx Topco Ltd | −90K Sold out | 0 | — |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Alyeska Investment Group, L.P. Hedge fund | −5.3M −31.9% | 11.3M | $244M |
| Adage Capital Partners Gp, L.L.C. Hedge fund | −1.2M Sold out | 0 | — |
| Jain Global LLC Hedge fund | −373K −87.0% | 56K | $1.2M |
| Point72 Asset Management, L.P. Hedge fund | −221K Sold out | 0 | — |
| Tudor Investment Corp Et Al Hedge fund | −85K Sold out | 0 | — |
| Exoduspoint Capital Management, LP Hedge fund | −81K −87.3% | 12K | $253,543 |
| Alliancebernstein L.P. Active manager | −62K −4.3% | 1.4M | $20.6M |
| Millennium Management LLC Hedge fund | −48K −10.4% | 418K | $9M |
| Zimmer Partners, LP Hedge fund | −19K −1.7% | 1.1M | $24.4M |
| Graham Capital Management, L.P. Hedge fund | −12K Sold out | 0 | — |
New positions
| Institution | Shares | Value June 30, 2026 |
|---|---|---|
| Artisan Partners Limited PartnershipActive manager | 954K | $20.6M |
| Nomura Asset Management Co Ltd | 617K | $13.3M |
| T. Rowe Price Investment Management, Inc.Active manager | 518K | $11.2M |
| Rokos Capital Management LLPHedge fund | 346K | $7.5M |
| American Century Companies IncActive manager | 326K | $7M |
| Alps Advisors Inc | 233K | $5M |
| Sender Co & Partners, Inc. | 216K | $4.7M |
| Imc-Chicago, LLC | 184K | $4M |
| Arrowmark Colorado Holdings LLC | 158K | $3.4M |
| Man Group PLCHedge fund | 119K | $2.6M |
Sold out
| Institution | Shares | Value March 31, 2026 |
|---|---|---|
| Inflection Point Holdings Ii LLC | 3.1M | $47.3M |
| Newtyn Management, LLC | 2.3M | $35.4M |
| Adage Capital Partners Gp, L.L.C.Hedge fund | 1.2M | $17.6M |
| Encompass Capital Advisors LLC | 465K | $6.2M |
| Seven Grand Managers, LLC | 263K | $4M |
| Toronto Dominion Bank | 251K | $3.8M |
| Point72 Asset Management, L.P.Hedge fund | 221K | $3.3M |
| Xtx Topco Ltd | 90K | $1.4M |
| Tudor Investment Corp Et AlHedge fund | 85K | $1.3M |
| Arosa Capital Management LP | 65K | $983,775 |
Who holds the shares
- Institutions reporting
- 391
- Ten largest holders
- 61.7% of 13F-reported shares
- Index fund managers
- 37.9% of 13F-reported shares
- Active managers and hedge funds
- 27.6% of 13F-reported shares
| Type | Bought | Sold | New | Sold out | Net change in shares | Net % |
|---|---|---|---|---|---|---|
| Active managers and hedge funds | 30 | 15 | 15 | 7 | +5.7M | +17.5% |
| Index fund managers | 9 | 2 | 1 | 0 | +7.9M | +17.7% |
| Other institutions | 224 | 89 | 100 | 37 | −3.5M | −6.8% |