HealthEquity
487 hedge funds and large institutions have $7.21B invested in HealthEquity in 2026 Q1 according to their latest regulatory filings, with 79 funds opening new positions, 182 increasing their positions, 180 reducing their positions, and 97 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
6% more call options, than puts
Call options by funds: $14.9M | Put options by funds: $14M
1% more repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 180
2.14% less ownership
Funds ownership: 104.29% → 102.15% (-2.1%)
5% less funds holding
Funds holding: 512 → 487 (-25)
12% less capital invested
Capital invested by funds: $8.16B → $7.21B (-$956M)
19% less first-time investments, than exits
New positions opened: 79 | Existing positions closed: 97
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$82M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$51.1M |
| 3 |
DC
Davenport & Co
Richmond,
Virginia
|
+$51M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$50.3M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$45.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
-$102M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$75.3M |
| 3 |
BlackRock
New York
|
-$56.1M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$42.2M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$38M |
HQY Hedge Fund Activity: Q1 2026 in Review
487 of the 8,184 institutional investors tracked by Wall St. Rank reported a position in HealthEquity (HQY) for Q1 2026, worth a combined $7.21B — down 12% from $8.16B a quarter earlier.
Sellers outnumbered buyers: 97 funds closed out of HQY and 79 opened new positions — a net loss of 18 holders — while 180 trimmed existing stakes and 182 added.
The largest buyer was Morgan Stanley, adding an estimated $82M. The largest seller was Westfield Capital Management, cutting an estimated $102M.
- 487 institutional investors held HealthEquity (HQY) as of Q1 2026, down from 512 in Q4 2025.
- Funds reported $7.21B of HealthEquity stock for Q1 2026, down 12% quarter-over-quarter.
- 79 funds opened new HealthEquity positions in Q1 2026 and 97 closed out, a net change of -18 holders.
- The largest HealthEquity buyer in Q1 2026 was Morgan Stanley, an estimated $82M added.
- The largest HealthEquity seller in Q1 2026 was Westfield Capital Management, an estimated $102M sold.
Based on aggregated 13F filings for Q1 2026.