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Hamilton Lane

393 hedge funds and large institutions have $5.93B invested in Hamilton Lane in 2025 Q2 according to their latest regulatory filings, with 90 funds opening new positions, 125 increasing their positions, 137 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

105% more first-time investments, than exits

New positions opened: 90 | Existing positions closed: 44

39% more call options, than puts

Call options by funds: $2.27M | Put options by funds: $1.63M

12% more funds holding

Funds holding: 351393 (+42)

9% less repeat investments, than reductions

Existing positions increased: 125 | Existing positions reduced: 137

1.22% less ownership

Funds ownership: 102.01%100.8% (-1.2%)

10% less capital invested

Capital invested by funds: $6.57B → $5.93B (-$645M)

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
393
Holders Change
+42
Holders Change %
+11.97%
% of All Funds
5.17%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
90
Increased
125
Reduced
137
Closed
44
Calls
$2.27M
Puts
$1.63M
Net Calls
+$631K
Net Calls Change
-$580K
Name Holding Trade Value Shares
Change
Change in
Stake
HSA
151
Hussman Strategic Advisors
Maryland
$1.49M +$1.58M +10,500 New
NAAA
152
New Age Alpha Advisors
New York
$1.49M +$304K +2,015 +24%
SOMRS
153
State of Michigan Retirement System
Michigan
$1.48M
EP
154
Edgestream Partners
New Jersey
$1.47M +$1.56M +10,358 New
Creative Planning
155
Creative Planning
Kansas
$1.47M -$82.6K -548 -5%
Polen Capital Management
156
Polen Capital Management
Florida
$1.43M -$6.37M -42,259 -81%
NMIMC
157
Northwestern Mutual Investment Management Company
Wisconsin
$1.38M +$6.18K +41 +0.4%
Handelsbanken Fonder
158
Handelsbanken Fonder
Sweden
$1.36M
AAS
159
Avantax Advisory Services
Texas
$1.29M +$121K +801 +10%
IMRF
160
Illinois Municipal Retirement Fund
Illinois
$1.27M +$742K +4,922 +123%
OPERF
161
Oregon Public Employees Retirement Fund
Oregon
$1.26M
Victory Capital Management
162
Victory Capital Management
Texas
$1.25M -$257K -1,706 -16%
AQR Capital Management
163
AQR Capital Management
Connecticut
$1.24M -$486K -3,221 -27%
EAM
164
Erste Asset Management
Austria
$1.23M +$281K +1,865 +28%
Cetera Investment Advisers
165
Cetera Investment Advisers
Illinois
$1.22M +$589K +3,905 +83%
SCM
166
Sterling Capital Management
North Carolina
$1.22M +$139K +923 +12%
KK
167
KLP Kapitalforvaltning
Norway
$1.2M +$15.1K +100 +1%
AIP
168
Ameritas Investment Partners
Nebraska
$1.2M -$622K -4,124 -33%
CAU
169
Caxton Associates (UK)
$1.18M +$1.25M +8,305 New
DT
170
Diversified Trust
Tennessee
$1.18M +$334K +2,215 +36%
CJ
171
Caitlin John
Michigan
$1.17M +$633K +4,196 +103%
NMERB
172
New Mexico Educational Retirement Board
New Mexico
$1.17M
New York State Teachers Retirement System (NYSTRS)
173
New York State Teachers Retirement System (NYSTRS)
New York
$1.13M +$15.1K +100 +1%
Bank of Montreal
174
Bank of Montreal
Ontario, Canada
$1.08M -$10.1K -67 -0.9%
TPCW
175
TD Private Client Wealth
New York
$1.03M +$1.09M +7,243 +19,576%

HLNE Hedge Fund Activity: Q2 2025 in Review

393 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Hamilton Lane (HLNE) for Q2 2025, worth a combined $5.93B — down 9.8% from $6.57B a quarter earlier.

Buyers outnumbered sellers: 90 funds opened new HLNE positions and 44 closed out — a net gain of 46 holders — while 125 added to existing stakes and 137 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $97.6M. The largest seller was BlackRock, cutting an estimated $158M.

  • 393 institutional investors held Hamilton Lane (HLNE) as of Q2 2025, up from 351 in Q1 2025.
  • Funds reported $5.93B of Hamilton Lane stock for Q2 2025, down 9.8% quarter-over-quarter.
  • 90 funds opened new Hamilton Lane positions in Q2 2025 and 44 closed out, a net change of +46 holders.
  • The largest Hamilton Lane buyer in Q2 2025 was Citadel Advisors, an estimated $97.6M added.
  • The largest Hamilton Lane seller in Q2 2025 was BlackRock, an estimated $158M sold.

Based on aggregated 13F filings for Q2 2025.