Coupang
CPNG
677 hedge funds and large institutions have $44.9B invested in Coupang in 2025 Q3 according to their latest regulatory filings, with 95 funds opening new positions, 260 increasing their positions, 225 reducing their positions, and 75 closing their positions.
190% more call options, than puts
Call options by funds: $831M | Put options by funds: $287M
27% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 75
16% more repeat investments, than reductions
Existing positions increased: 260 | Existing positions reduced: 225
8% more capital invested
Capital invested by funds: $41.4B → $44.9B (+$3.45B)
2% more funds holding
Funds holding: 662 → 677 (+15)
0.3% more ownership
Funds ownership: 83.32% → 83.62% (+0.3%)
4% less funds holding in top 10
Funds holding in top 10: 47 → 45 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$865M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$670M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$446M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$223M |
| 5 |
JP Morgan Chase
New York
|
+$214M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIAU
SB Investment Advisers (UK)
London,
United Kingdom
|
-$605M |
| 2 |
SG
SCHF (GPE)
Wilson,
Wyoming
|
-$363M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$318M |
| 4 |
SM
SCGE Management
Menlo Park,
California
|
-$233M |
| 5 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$188M |
CPNG Hedge Fund Activity: Q3 2025 in Review
677 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Coupang (CPNG) for Q3 2025, worth a combined $44.9B — up 8.3% from $41.4B a quarter earlier.
Buyers outnumbered sellers: 95 funds opened new CPNG positions and 75 closed out — a net gain of 20 holders — while 260 added to existing stakes and 225 trimmed.
The largest buyer was BlackRock, adding an estimated $865M. The largest seller was SB Investment Advisers (UK), cutting an estimated $605M.
- 677 institutional investors held Coupang (CPNG) as of Q3 2025, up from 662 in Q2 2025.
- Funds reported $44.9B of Coupang stock for Q3 2025, up 8.3% quarter-over-quarter.
- 95 funds opened new Coupang positions in Q3 2025 and 75 closed out, a net change of +20 holders.
- The largest Coupang buyer in Q3 2025 was BlackRock, an estimated $865M added.
- The largest Coupang seller in Q3 2025 was SB Investment Advisers (UK), an estimated $605M sold.
Based on aggregated 13F filings for Q3 2025.