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BILL Holdings
BILL

369 hedge funds and large institutions have $4.47B invested in BILL Holdings in 2025 Q2 according to their latest regulatory filings, with 59 funds opening new positions, 126 increasing their positions, 135 reducing their positions, and 79 closing their positions.

New
Increased
Maintained
Reduced
Closed

199% more call options, than puts

Call options by funds: $264M | Put options by funds: $88.5M

2.24% more ownership

Funds ownership: 91.39% → 93.62% (+2.2%)

4% more capital invested

Capital invested by funds: $4.28B → $4.47B (+$189M)

0% more funds holding in top 10

Funds holding in top 10: 8 → 8 (0)

7% less repeat investments, than reductions

Existing positions increased: 126 | Existing positions reduced: 135

6% less funds holding

Funds holding: 392 → 369 (-23)

25% less first-time investments, than exits

New positions opened: 59 | Existing positions closed: 79

Holders
369
Holders Change
-23
Holders Change %
-5.87%
% of All Funds
4.86%
Holding in Top 10
8
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.11%
New
59
Increased
126
Reduced
135
Closed
79
Calls
$264M
Puts
$88.5M
Net Calls
+$176M
Net Calls Change
+$30.6M

Top Buyers

Rank Fund Capital Flow
1
UBS Group
UBS Group
Switzerland
+$83M
2
CAM
Contour Asset Management
New York
+$67.6M
3
Nomura Holdings
Nomura Holdings
Japan
+$64.9M
4
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$40.7M
5
SM
Senvest Management
New York
+$39.6M

Top Sellers

Rank Fund Capital Flow
1
Temasek Holdings
Temasek Holdings
Singapore
-$124M
2
UBS AM
UBS AM
Illinois
-$34.1M
3
Fiera Capital (Canada)
Fiera Capital (Canada)
Quebec, Canada
-$29.1M
4
Invesco
Invesco
Georgia
-$27.9M
5
Two Sigma Investments
Two Sigma Investments
New York
-$25.1M
Name Holding Trade Value Shares
Change 		Change in
Stake
GAG
176
GM Advisory Group
New York
$1.04M – – –
GCM
177
Graham Capital Management
Connecticut
$1.03M -$187K -4,233 -16%
MCM
178
Manchester Capital Management
Vermont
$1.02M +$978K +22,120 New
NMIMC
179
Northwestern Mutual Investment Management Company
Wisconsin
$979K +$13.7K +309 +1%
EGM
180
Engineers Gate Manager
New York
$974K +$931K +21,051 New
NMERB
181
New Mexico Educational Retirement Board
New Mexico
$971K – – –
SEI Investments
182
SEI Investments
Pennsylvania
$967K -$526K -11,888 -36%
VI
183
Versor Investments
New York
$961K +$495K +11,205 +117%
SO
184
STRS Ohio
Ohio
$953K -$9.58M -216,741 -91%
KK
185
KLP Kapitalforvaltning
Norway
$944K +$75.1K +1,700 +9%
FAM
186
Fred Alger Management
New York
$939K +$666K +15,055 +288%
PVM
187
Palogic Value Management
Texas
$925K – – –
PGCM
188
Prescott Group Capital Management
Oklahoma
$925K – – –
OPERF
189
Oregon Public Employees Retirement Fund
Oregon
$897K +$17.7K +400 +2%
VRS
190
Virginia Retirement Systems
Virginia
$884K +$17.7K +400 +2%
PCP
191
Perbak Capital Partners
United Kingdom
$875K +$485K +10,974 +138%
LAM
192
LECAP Asset Management
United Kingdom
$868K +$829K +18,753 New
FC
193
FORA Capital
Florida
$867K +$829K +18,747 New
Mackenzie Financial
194
Mackenzie Financial
Ontario, Canada
$858K +$380K +8,600 +87%
AIP
195
Ameritas Investment Partners
Nebraska
$854K – – –
PMAM
196
Picton Mahoney Asset Management
Ontario, Canada
$799K +$763K +17,250 New
SFP
197
Shepherd Financial Partners
Massachusetts
$778K -$24.6K -556 -3%
HIM
198
Hillsdale Investment Management
Ontario, Canada
$740K +$707K +16,000 New
Pictet Asset Management
199
Pictet Asset Management
Switzerland
$695K -$12.9K -292 -2%
Franklin Resources
200
Franklin Resources
California
$694K -$44K -996 -6%
6 7
8
9 10

BILL Hedge Fund Activity: Q2 2025 in Review

369 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in BILL Holdings (BILL) for Q2 2025, worth a combined $4.47B — up 4.4% from $4.28B a quarter earlier.

Sellers outnumbered buyers: 79 funds closed out of BILL and 59 opened new positions — a net loss of 20 holders — while 135 trimmed existing stakes and 126 added.

The largest buyer was UBS Group, adding an estimated $83M. The largest seller was Temasek Holdings, cutting an estimated $124M.

  • 369 institutional investors held BILL Holdings (BILL) as of Q2 2025, down from 392 in Q1 2025.
  • Funds reported $4.47B of BILL Holdings stock for Q2 2025, up 4.4% quarter-over-quarter.
  • 59 funds opened new BILL Holdings positions in Q2 2025 and 79 closed out, a net change of -20 holders.
  • The largest BILL Holdings buyer in Q2 2025 was UBS Group, an estimated $83M added.
  • The largest BILL Holdings seller in Q2 2025 was Temasek Holdings, an estimated $124M sold.

Based on aggregated 13F filings for Q2 2025.