What institutional investors did with their portfolios in 2025 Q3. Data from SEC 13F filings across 500+ tracked funds.
Largest fresh entries initiated this quarter by dollar value.
| Fund | Stock | Value | Weight | Conviction |
|---|---|---|---|---|
| CIBC Bancorp USA Inc. | Old Dominion Freight Line Inc | $6.9B | +8.1% | 98 |
| Clear Street Group Inc. | NVIDIA Corp | $6.2B | +21.1% | 98 |
| CIBC Bancorp USA Inc. | Microsoft Corp | $4.8B | +5.6% | 98 |
| BERKSHIRE HATHAWAY INC | Alphabet Inc | $4.3B | +1.6% | 74 |
| CIBC Bancorp USA Inc. | NVIDIA Corp | $4.3B | +5.0% | 88 |
| PUBLIC INVESTMENT FUND | LUCID GROUP INC C | $4.2B | +21.7% | 100 |
| CIBC Bancorp USA Inc. | Apple Inc | $3.7B | +4.3% | 88 |
| SOFTBANK GROUP CORP. | Intel Corp | $2.9B | +11.2% | 99 |
| CIBC Bancorp USA Inc. | Amazon.com Inc | $2.9B | +3.4% | 88 |
| AXA Investment Managers S.A. | NVIDIA Corp | $2.6B | +7.1% | 98 |
Positions completely sold this quarter, ranked by previous value.
| Fund | Stock | Previous Value |
|---|---|---|
| VANGUARD GROUP INC | HESS CORP | $4.8B |
| VANGUARD GROUP INC | ANSYS INC | $3.9B |
| PUBLIC INVESTMENT FUND | LUCID GROUP INC | $3.7B |
| BlackRock, Inc. |
Funds increasing positions into price weakness — contrarian conviction.
| Fund | Stock | Position Increase | Price Drop | DD Score |
|---|---|---|---|---|
| LMR Partners LLP | Fluor Corp | +144.8Kx | -17.1% | 247,285,120 |
| Pacer Advisors, Inc. | Twilio Inc | +118.7Kx | -15.0% | 178,386,953 |
| PEAK6 LLC | Strategy Inc |
The positions funds are most committed to this quarter.
| Fund | Stock | Type | Value | Conviction |
|---|---|---|---|---|
| PUBLIC INVESTMENT FUND | LUCID GROUP INC C | New | $4.2B | 100 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Microsoft Corp | Increased |
This quarter's top-ranked fund: Cubist Systematic Strategies, LLC
Top 5 winners and losers by estimated P&L.
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer
| HESS CORP |
| $3.6B |
| BlackRock, Inc. | ANSYS INC | $3.5B |
| FARALLON CAPITAL MANAGEMENT LLC | SPDR S&P 500 ETF TR | $3.4B |
| PRUDENTIAL PLC | VANGUARD SCOTTSDALE FDS | $3.1B |
| STATE STREET CORP | HESS CORP | $2.2B |
| VANGUARD GROUP INC | JUNIPER NETWORKS INC | $1.7B |
| BlackRock, Inc. | JUNIPER NETWORKS INC | $1.5B |
| +100.2Kx |
| -15.0% |
| 149,907,215 |
| CANADA PENSION PLAN INVESTMENT BOARD | Expand Energy Corp | +127.5Kx | -8.8% | 112,528,948 |
| BANK OF AMERICA CORP /DE/ | KINDLY MD INC C | +7659x | -91.8% | 70,316,299 |
| RAYMOND JAMES FINANCIAL INC | HOUSTON AMERN ENERGY CORP | +12.9Kx | -46.3% | 59,657,388 |
| UBS Group AG | SMART DIGITAL GROUP LTD | +4409x | -76.9% | 33,921,537 |
| Walleye Capital LLC | INSPIRE MED SYS INC C | +7144x | -42.9% | 30,646,376 |
| PEAK6 LLC | Monday.com Ltd | +7841x | -34.5% | 27,086,336 |
| CITIGROUP INC | RYVYL INC | +4210x | -63.4% | 26,697,561 |
| $30.8B |
100 |
| Holocene Advisors, LP | Tesla Inc | Increased | $2.7B | 100 |
| Jericho Capital Asset Management L.P. | Warner Bros Discovery Inc | Increased | $685.4M | 100 |
| Soroban Capital Partners LP | TransDigm Group Inc | Increased | $765.9M | 100 |
| IEQ CAPITAL, LLC | AppLovin Corp | Increased | $11.3B | 100 |
| Third Point LLC | Microsoft Corp | Increased | $569.7M | 100 |
| MONETA GROUP INVESTMENT ADVISORS LLC | VANGUARD INDEX FDS | Increased | $1.7B | 100 |
| TEXAS PERMANENT SCHOOL FUND CORP | MORGAN STANLEY ETF TRUST | New | $946M | 100 |
| SC US (TTGP), LTD. | FIGMA INC | New | $1.3B | 100 |