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Carlyle Group

572 hedge funds and large institutions have $11.8B invested in Carlyle Group in 2025 Q2 according to their latest regulatory filings, with 92 funds opening new positions, 236 increasing their positions, 174 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

130% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 40

69% more call options, than puts

Call options by funds: $170M | Put options by funds: $101M

36% more repeat investments, than reductions

Existing positions increased: 236 | Existing positions reduced: 174

20% more capital invested

Capital invested by funds: $9.85B → $11.8B (+$1.97B)

9% more funds holding

Funds holding: 526572 (+46)

1.02% more ownership

Funds ownership: 62.62%63.65% (+1%)

22% less funds holding in top 10

Funds holding in top 10: 97 (-2)

Holders
572
Holders Change
+46
Holders Change %
+8.75%
% of All Funds
7.53%
Holding in Top 10
7
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-22.22%
% of All Funds
0.09%
New
92
Increased
236
Reduced
174
Closed
40
Calls
$170M
Puts
$101M
Net Calls
+$69.4M
Net Calls Change
-$46.1M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.62B +$93.9M +2,180,564 +7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.27B +$18.4M +426,644 +2%
Capital World Investors
3
Capital World Investors
California
$1.03B +$96.5M +2,240,249 +13%
Harris Associates
4
Harris Associates
Illinois
$582M +$109M +2,528,941 +29%
William Blair Investment Management
5
William Blair Investment Management
Illinois
$511M -$95.7M -2,222,023 -18%
Morgan Stanley
6
Morgan Stanley
New York
$470M -$35.6M -825,952 -8%
State Street
7
State Street
Massachusetts
$423M +$16.3M +378,455 +5%
Massachusetts Financial Services
8
Massachusetts Financial Services
Massachusetts
$367M +$13.4M +311,300 +5%
Boston Partners
9
Boston Partners
Massachusetts
$349M -$5.71M -132,525 -2%
Alkeon Capital Management
10
Alkeon Capital Management
New York
$305M +$30.2M +700,000 +13%
AI
11
Ariel Investments
Illinois
$242M -$5.76M -133,669 -3%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$220M +$9.84M +228,484 +6%
UBS Group
13
UBS Group
Switzerland
$187M -$49.1M -1,140,192 -24%
Legal & General Group
14
Legal & General Group
United Kingdom
$173M +$10.7M +248,107 +8%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$170M +$129M +2,987,472 +916%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$153M +$26.4M +611,876 +26%
Norges Bank
17
Norges Bank
Norway
$150M +$84.5M +1,961,479 +204%
BGC
18
Beutel, Goodman & Co
Ontario, Canada
$142M -$3.51M -81,569 -3%
Ameriprise
19
Ameriprise
Minnesota
$142M +$2.02M +46,894 +2%
Northern Trust
20
Northern Trust
Illinois
$118M +$4.67M +108,397 +5%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$116M -$517K -11,991 -0.5%
Goldman Sachs
22
Goldman Sachs
New York
$113M +$45.3M +1,050,643 +92%
Capital International Investors
23
Capital International Investors
California
$107M +$689K +15,989 +0.8%
Millennium Management
24
Millennium Management
New York
$102M -$211M -4,899,617 -71%
FCM
25
Frontier Capital Management
Massachusetts
$97M -$32.2M -746,755 -28%

CG Hedge Fund Activity: Q2 2025 in Review

572 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Carlyle Group (CG) for Q2 2025, worth a combined $11.8B — up 20% from $9.85B a quarter earlier.

Buyers outnumbered sellers: 92 funds opened new CG positions and 40 closed out — a net gain of 52 holders — while 236 added to existing stakes and 174 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $129M. The largest seller was Vulcan Value Partners, exiting entirely with an estimated $226M sold.

  • 572 institutional investors held Carlyle Group (CG) as of Q2 2025, up from 526 in Q1 2025.
  • Funds reported $11.8B of Carlyle Group stock for Q2 2025, up 20% quarter-over-quarter.
  • 92 funds opened new Carlyle Group positions in Q2 2025 and 40 closed out, a net change of +52 holders.
  • The largest Carlyle Group buyer in Q2 2025 was Royal Bank of Canada, an estimated $129M added.
  • The largest Carlyle Group seller in Q2 2025 was Vulcan Value Partners, an estimated $226M sold.

Based on aggregated 13F filings for Q2 2025.