We are live on ! Find out more
DV icon

DoubleVerify

294 hedge funds and large institutions have $1.9B invested in DoubleVerify in 2025 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 123 increasing their positions, 101 reducing their positions, and 73 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more call options, than puts

Call options by funds: $9.38M | Put options by funds: $5.11M

22% more repeat investments, than reductions

Existing positions increased: 123 | Existing positions reduced: 101

3.49% more ownership

Funds ownership: 99.37%102.86% (+3.5%)

3% less capital invested

Capital invested by funds: $1.96B → $1.9B (-$66.4M)

10% less funds holding

Funds holding: 326294 (-32)

33% less first-time investments, than exits

New positions opened: 49 | Existing positions closed: 73

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
294
Holders Change
-32
Holders Change %
-9.82%
% of All Funds
3.58%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.04%
New
49
Increased
123
Reduced
101
Closed
73
Calls
$9.38M
Puts
$5.11M
Net Calls
+$4.27M
Net Calls Change
+$25.3M
Name Holding Trade Value Shares
Change
Change in
Stake
VRS
126
Virginia Retirement Systems
Virginia
$800K +$71.7K +6,500 +10%
IMRF
127
Illinois Municipal Retirement Fund
Illinois
$797K -$150K -13,639 -16%
Wealth Enhancement Advisory Services
128
Wealth Enhancement Advisory Services
Minnesota
$795K +$226K +20,445 +39%
AC
129
AXQ Capital
New Jersey
$794K +$249K +22,589 +48%
Daiwa Securities Group
130
Daiwa Securities Group
Japan
$781K
New York State Common Retirement Fund
131
New York State Common Retirement Fund
New York
$762K
VOYA Investment Management
132
VOYA Investment Management
Georgia
$751K +$122K +11,020 +20%
SG Americas Securities
133
SG Americas Securities
New York
$715K +$481K +43,628 +231%
Janus Henderson Group
134
Janus Henderson Group
United Kingdom
$714K
LSERS
135
Louisiana State Employees Retirement System
Louisiana
$701K -$12.1K -1,100 -2%
PFSRSONJ
136
Police & Firemen's Retirement System of New Jersey
New Jersey
$686K +$4.22K +383 +0.6%
Treasurer of the State of North Carolina
137
Treasurer of the State of North Carolina
North Carolina
$686K -$9.83K -891 -1%
State of Tennessee, Department of Treasury
138
State of Tennessee, Department of Treasury
Tennessee
$666K -$242K -21,972 -26%
CAU
139
Caxton Associates (UK)
$638K +$214K +19,387 +53%
OAM
140
Oppenheimer Asset Management
New York
$636K -$176K -15,940 -22%
GCM
141
Graham Capital Management
Connecticut
$618K -$288K -26,075 -33%
HCA
142
Harbor Capital Advisors
Illinois
$572K +$190K +17,271 +53%
Mercer Global Advisors
143
Mercer Global Advisors
Colorado
$569K +$91.4K +8,285 +20%
Robeco Institutional Asset Management
144
Robeco Institutional Asset Management
Netherlands
$562K -$295K -26,758 -35%
XT
145
XTX Topco
Cayman Islands
$539K +$142K +12,862 +38%
AB
146
Amalgamated Bank
New York
$538K +$40.4K +3,663 +8%
Ohio Public Employees Retirement System (OPERS)
147
Ohio Public Employees Retirement System (OPERS)
Ohio
$504K +$12.1K +1,098 +3%
EMPI
148
Elo Mutual Pension Insurance
Finland
$501K -$1.07M -97,191 -69%
Lazard Asset Management
149
Lazard Asset Management
New York
$485K -$418K -37,936 -47%
Zurich Cantonal Bank
150
Zurich Cantonal Bank
Switzerland
$485K -$232K -21,074 -33%