DocuSign
DOCU
818 hedge funds and large institutions have $12.2B invested in DocuSign in 2025 Q3 according to their latest regulatory filings, with 132 funds opening new positions, 274 increasing their positions, 293 reducing their positions, and 88 closing their positions.
50% more first-time investments, than exits
New positions opened: 132 | Existing positions closed: 88
4% more funds holding
Funds holding: 783 → 818 (+35)
5% more call options, than puts
Call options by funds: $402M | Put options by funds: $382M
6% less repeat investments, than reductions
Existing positions increased: 274 | Existing positions reduced: 293
2.91% less ownership
Funds ownership: 87.06% → 84.15% (-2.9%)
33% less capital inflows, than outflows
Capital inflows: $1.05B | Capital outflows: $1.57B
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$112M |
| 2 |
Woodline Partners
San Francisco,
California
|
+$73.6M |
| 3 |
Squarepoint
New York
|
+$57.8M |
| 4 |
Millennium Management
New York
|
+$44.2M |
| 5 |
Andra AP-fonden
Goteborg,
Sweden
|
+$37.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$185M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$115M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$111M |
| 4 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$78.3M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$60.2M |
DOCU Hedge Fund Activity: Q3 2025 in Review
818 of the 7,649 institutional investors tracked by Wall St. Rank reported a position in DocuSign (DOCU) for Q3 2025, worth a combined $12.2B — down 11% from $13.7B a quarter earlier.
Buyers outnumbered sellers: 132 funds opened new DOCU positions and 88 closed out — a net gain of 44 holders — while 274 added to existing stakes and 293 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $112M. The largest seller was Fidelity Investments, cutting an estimated $185M.
- 818 institutional investors held DocuSign (DOCU) as of Q3 2025, up from 783 in Q2 2025.
- Funds reported $12.2B of DocuSign stock for Q3 2025, down 11% quarter-over-quarter.
- 132 funds opened new DocuSign positions in Q3 2025 and 88 closed out, a net change of +44 holders.
- The largest DocuSign buyer in Q3 2025 was Balyasny Asset Management, an estimated $112M added.
- The largest DocuSign seller in Q3 2025 was Fidelity Investments, an estimated $185M sold.
Based on aggregated 13F filings for Q3 2025.