Docebo
DCBO
67 hedge funds and large institutions have $103M invested in Docebo in 2026 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 22 increasing their positions, 19 reducing their positions, and 30 closing their positions.
250% more call options, than puts
Call options by funds: $7K | Put options by funds: $2K
16% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 19
18.57% less ownership
Funds ownership: 41.34% → 22.77% (-19%)
19% less funds holding
Funds holding: 83 → 67 (-16)
50% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 30
61% less capital invested
Capital invested by funds: $265M → $103M (-$162M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$2.98M |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
+$1.99M |
| 3 |
NAM
NewGen Asset Management
Toronto,
Ontario, Canada
|
+$1.71M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.65M |
| 5 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
Warburg Pincus
New York
|
-$80.6M |
| 2 |
LPP
Long Path Partners
Stamford,
Connecticut
|
-$21.6M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.71M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$6.71M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$5.68M |
DCBO Hedge Fund Activity: Q1 2026 in Review
67 of the 8,190 institutional investors tracked by Wall St. Rank reported a position in Docebo (DCBO) for Q1 2026, worth a combined $103M — down 61% from $265M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of DCBO and 15 opened new positions — a net loss of 15 holders — while 19 trimmed existing stakes and 22 added.
The largest buyer was Two Sigma Investments, adding an estimated $2.98M. The largest seller was Warburg Pincus, exiting entirely with an estimated $80.6M sold.
- 67 institutional investors held Docebo (DCBO) as of Q1 2026, down from 83 in Q4 2025.
- Funds reported $103M of Docebo stock for Q1 2026, down 61% quarter-over-quarter.
- 15 funds opened new Docebo positions in Q1 2026 and 30 closed out, a net change of -15 holders.
- The largest Docebo buyer in Q1 2026 was Two Sigma Investments, an estimated $2.98M added.
- The largest Docebo seller in Q1 2026 was Warburg Pincus, an estimated $80.6M sold.
Based on aggregated 13F filings for Q1 2026.