Coupang
CPNG
655 hedge funds and large institutions have $33.2B invested in Coupang in 2025 Q4 according to their latest regulatory filings, with 113 funds opening new positions, 225 increasing their positions, 236 reducing their positions, and 126 closing their positions.
169% more call options, than puts
Call options by funds: $534M | Put options by funds: $199M
0.66% more ownership
Funds ownership: 83.62% → 84.28% (+0.66%)
5% less repeat investments, than reductions
Existing positions increased: 225 | Existing positions reduced: 236
3% less funds holding
Funds holding: 678 → 655 (-23)
10% less first-time investments, than exits
New positions opened: 113 | Existing positions closed: 126
11% less funds holding in top 10
Funds holding in top 10: 45 → 40 (-5)
26% less capital invested
Capital invested by funds: $44.9B → $33.2B (-$11.7B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
+$297M |
| 2 |
Holocene Advisors
New York
|
+$249M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$199M |
| 4 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
+$197M |
| 5 |
FAM
Foxhaven Asset Management
Charlottesville,
Virginia
|
+$185M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$426M |
| 2 |
Morgan Stanley
New York
|
-$263M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$262M |
| 4 |
BCPEMI
Bain Capital Public Equity Management II
Boston,
Massachusetts
|
-$167M |
| 5 |
D.E. Shaw & Co
New York
|
-$159M |
CPNG Hedge Fund Activity: Q4 2025 in Review
655 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in Coupang (CPNG) for Q4 2025, worth a combined $33.2B — down 26% from $44.9B a quarter earlier.
Sellers outnumbered buyers: 126 funds closed out of CPNG and 113 opened new positions — a net loss of 13 holders — while 236 trimmed existing stakes and 225 added.
The largest buyer was Tiger Global Management, adding an estimated $297M. The largest seller was T. Rowe Price Associates, cutting an estimated $426M.
- 655 institutional investors held Coupang (CPNG) as of Q4 2025, down from 678 in Q3 2025.
- Funds reported $33.2B of Coupang stock for Q4 2025, down 26% quarter-over-quarter.
- 113 funds opened new Coupang positions in Q4 2025 and 126 closed out, a net change of -13 holders.
- The largest Coupang buyer in Q4 2025 was Tiger Global Management, an estimated $297M added.
- The largest Coupang seller in Q4 2025 was T. Rowe Price Associates, an estimated $426M sold.
Based on aggregated 13F filings for Q4 2025.