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DoubleVerify

316 hedge funds and large institutions have $2.5B invested in DoubleVerify in 2025 Q2 according to their latest regulatory filings, with 72 funds opening new positions, 110 increasing their positions, 114 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

85% more call options, than puts

Call options by funds: $12.1M | Put options by funds: $6.52M

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

50% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 48

15% more capital invested

Capital invested by funds: $2.17B → $2.5B (+$323M)

8% more funds holding

Funds holding: 293316 (+23)

4.68% more ownership

Funds ownership: 97.87%102.55% (+4.7%)

4% less repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 114

Holders
316
Holders Change
+23
Holders Change %
+7.85%
% of All Funds
4.16%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.07%
New
72
Increased
110
Reduced
114
Closed
48
Calls
$12.1M
Puts
$6.52M
Net Calls
+$5.55M
Net Calls Change
-$17.5M
Name Holding Trade Value Shares
Change
Change in
Stake
PEP
1
Providence Equity Partners
Rhode Island
$394M
BlackRock
2
BlackRock
New York
$292M -$47.4M -3,459,495 -15%
Vanguard Group
3
Vanguard Group
Pennsylvania
$222M -$49.9M -3,640,873 -20%
Mackenzie Financial
4
Mackenzie Financial
Ontario, Canada
$84M -$1.94M -141,442 -2%
State Street
5
State Street
Massachusetts
$64.9M -$4.32M -315,061 -7%
Morgan Stanley
6
Morgan Stanley
New York
$61.9M +$15.1M +1,099,869 +36%
VBA
7
Van Berkom & Associates
Quebec, Canada
$54.5M +$2.16M +157,537 +5%
BAM
8
Burgundy Asset Management
Ontario, Canada
$54.3M -$21.9M -1,601,092 -31%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$44.8M +$7.87M +573,924 +24%
Assenagon Asset Management
10
Assenagon Asset Management
Luxembourg
$38.5M
CCPM
11
Cooper Creek Partners Management
New York
$38.3M +$35.1M +2,560,153 New
Geode Capital Management
12
Geode Capital Management
Massachusetts
$34.4M -$1.24M -90,388 -4%
SCM
13
SG Capital Management
Illinois
$33.6M +$30.8M +2,247,262 New
RP
14
Riverbridge Partners
Minnesota
$33.1M -$3.75M -273,308 -11%
BCM
15
Brown Capital Management
Maryland
$31.8M -$1.57M -114,409 -5%
DGI
16
Disciplined Growth Investors
Minnesota
$30.4M -$241K -17,561 -0.9%
T. Rowe Price Associates
17
T. Rowe Price Associates
Maryland
$29.8M -$945K -68,950 -3%
Millennium Management
18
Millennium Management
New York
$27.9M +$14.5M +1,059,715 +132%
AQR Capital Management
19
AQR Capital Management
Connecticut
$27.6M -$3.8M -277,146 -13%
Voloridge Investment Management
20
Voloridge Investment Management
Florida
$26.4M -$8.42M -614,563 -26%
Ameriprise
21
Ameriprise
Minnesota
$25.8M +$7.36M +536,943 +45%
SM
22
Sunriver Management
Connecticut
$25.3M +$111K +8,114 +0.5%
D.E. Shaw & Co
23
D.E. Shaw & Co
New York
$24.8M +$10.5M +763,583 +85%
Federated Hermes
24
Federated Hermes
Pennsylvania
$24.7M -$204K -14,869 -0.9%
Norges Bank
25
Norges Bank
Norway
$23.6M -$2.58M -188,465 -11%

DV Hedge Fund Activity: Q2 2025 in Review

316 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in DoubleVerify (DV) for Q2 2025, worth a combined $2.5B — up 15% from $2.17B a quarter earlier.

Buyers outnumbered sellers: 72 funds opened new DV positions and 48 closed out — a net gain of 24 holders — while 110 added to existing stakes and 114 trimmed.

The largest buyer was Cooper Creek Partners Management, opening a new position worth an estimated $35.1M. The largest seller was Vanguard Group, cutting an estimated $49.9M.

  • 316 institutional investors held DoubleVerify (DV) as of Q2 2025, up from 293 in Q1 2025.
  • Funds reported $2.5B of DoubleVerify stock for Q2 2025, up 15% quarter-over-quarter.
  • 72 funds opened new DoubleVerify positions in Q2 2025 and 48 closed out, a net change of +24 holders.
  • The largest DoubleVerify buyer in Q2 2025 was Cooper Creek Partners Management, an estimated $35.1M added.
  • The largest DoubleVerify seller in Q2 2025 was Vanguard Group, an estimated $49.9M sold.

Based on aggregated 13F filings for Q2 2025.