HealthEquity
486 hedge funds and large institutions have $9.56B invested in HealthEquity in 2025 Q2 according to their latest regulatory filings, with 79 funds opening new positions, 177 increasing their positions, 175 reducing their positions, and 50 closing their positions.
58% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 50
38% more call options, than puts
Call options by funds: $34.3M | Put options by funds: $24.8M
17% more capital invested
Capital invested by funds: $8.2B → $9.56B (+$1.36B)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
5% more funds holding
Funds holding: 464 → 486 (+22)
1% more repeat investments, than reductions
Existing positions increased: 177 | Existing positions reduced: 175
1.95% less ownership
Funds ownership: 107.47% → 105.52% (-1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$73.7M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
+$66.5M |
| 3 |
ACP
Atalan Capital Partners
New York
|
+$66.4M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$62.7M |
| 5 |
Man Group
London,
United Kingdom
|
+$22.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$107M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$73.8M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$53.2M |
| 4 |
ClearBridge Investments
New York
|
-$50.4M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$37.9M |
HQY Hedge Fund Activity: Q2 2025 in Review
486 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in HealthEquity (HQY) for Q2 2025, worth a combined $9.56B — up 17% from $8.2B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new HQY positions and 50 closed out — a net gain of 29 holders — while 177 added to existing stakes and 175 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $73.7M. The largest seller was Wasatch Advisors, cutting an estimated $107M.
- 486 institutional investors held HealthEquity (HQY) as of Q2 2025, up from 464 in Q1 2025.
- Funds reported $9.56B of HealthEquity stock for Q2 2025, up 17% quarter-over-quarter.
- 79 funds opened new HealthEquity positions in Q2 2025 and 50 closed out, a net change of +29 holders.
- The largest HealthEquity buyer in Q2 2025 was Citadel Advisors, an estimated $73.7M added.
- The largest HealthEquity seller in Q2 2025 was Wasatch Advisors, an estimated $107M sold.
Based on aggregated 13F filings for Q2 2025.