Shift4
FOUR
458 hedge funds and large institutions have $8.56B invested in Shift4 in 2025 Q2 according to their latest regulatory filings, with 81 funds opening new positions, 178 increasing their positions, 156 reducing their positions, and 60 closing their positions.
148% more call options, than puts
Call options by funds: $166M | Put options by funds: $67.1M
35% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 60
32% more capital invested
Capital invested by funds: $6.49B → $8.56B (+$2.07B)
14% more repeat investments, than reductions
Existing positions increased: 178 | Existing positions reduced: 156
13% more funds holding in top 10
Funds holding in top 10: 16 → 18 (+2)
10.79% more ownership
Funds ownership: 117.31% → 128.11% (+11%)
4% more funds holding
Funds holding: 441 → 458 (+17)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$119M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$77.7M |
| 3 |
WHCM
Wolf Hill Capital Management
Greenwich,
Connecticut
|
+$69.7M |
| 4 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$65M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$58.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PL
Perpetual Ltd
Sydney, New South Wales,
Australia
|
-$56.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$54M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
-$44.5M |
| 4 |
CRCM
Cat Rock Capital Management
Greenwich,
Connecticut
|
-$32.3M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$25.9M |
FOUR Hedge Fund Activity: Q2 2025 in Review
458 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Shift4 (FOUR) for Q2 2025, worth a combined $8.56B — up 32% from $6.49B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new FOUR positions and 60 closed out — a net gain of 21 holders — while 178 added to existing stakes and 156 trimmed.
The largest buyer was UBS Group, adding an estimated $119M. The largest seller was Perpetual Ltd, exiting entirely with an estimated $56.9M sold.
- 458 institutional investors held Shift4 (FOUR) as of Q2 2025, up from 441 in Q1 2025.
- Funds reported $8.56B of Shift4 stock for Q2 2025, up 32% quarter-over-quarter.
- 81 funds opened new Shift4 positions in Q2 2025 and 60 closed out, a net change of +21 holders.
- The largest Shift4 buyer in Q2 2025 was UBS Group, an estimated $119M added.
- The largest Shift4 seller in Q2 2025 was Perpetual Ltd, an estimated $56.9M sold.
Based on aggregated 13F filings for Q2 2025.