Docebo
DCBO
91 hedge funds and large institutions have $340M invested in Docebo in 2025 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 31 increasing their positions, 32 reducing their positions, and 23 closing their positions.
3% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 32
1.9% less ownership
Funds ownership: 42.27% → 40.38% (-1.9%)
7% less capital invested
Capital invested by funds: $363M → $340M (-$23.9M)
13% less funds holding
Funds holding: 104 → 91 (-13)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
45% less call options, than puts
Call options by funds: $604K | Put options by funds: $1.09M
57% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPP
Long Path Partners
Stamford,
Connecticut
|
+$7.8M |
| 2 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$7.05M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.56M |
| 4 |
D.E. Shaw & Co
New York
|
+$4.35M |
| 5 |
Man Group
London,
United Kingdom
|
+$2.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$9.87M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$9.85M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.18M |
| 4 |
ACA
AYAL Capital Advisors
Toronto,
Ontario, Canada
|
-$5.04M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$3.68M |
DCBO Hedge Fund Activity: Q2 2025 in Review
91 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Docebo (DCBO) for Q2 2025, worth a combined $340M — down 6.6% from $363M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of DCBO and 10 opened new positions — a net loss of 13 holders — while 32 trimmed existing stakes and 31 added.
The largest buyer was Long Path Partners, adding an estimated $7.8M. The largest seller was American Century Companies, exiting entirely with an estimated $9.87M sold.
- 91 institutional investors held Docebo (DCBO) as of Q2 2025, down from 104 in Q1 2025.
- Funds reported $340M of Docebo stock for Q2 2025, down 6.6% quarter-over-quarter.
- 10 funds opened new Docebo positions in Q2 2025 and 23 closed out, a net change of -13 holders.
- The largest Docebo buyer in Q2 2025 was Long Path Partners, an estimated $7.8M added.
- The largest Docebo seller in Q2 2025 was American Century Companies, an estimated $9.87M sold.
Based on aggregated 13F filings for Q2 2025.