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HubSpot

787 hedge funds and large institutions have $26.5B invested in HubSpot in 2025 Q2 according to their latest regulatory filings, with 95 funds opening new positions, 313 increasing their positions, 275 reducing their positions, and 102 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more call options, than puts

Call options by funds: $374M | Put options by funds: $242M

14% more repeat investments, than reductions

Existing positions increased: 313 | Existing positions reduced: 275

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

4% less capital invested

Capital invested by funds: $27.4B → $26.5B (-$968M)

7% less first-time investments, than exits

New positions opened: 95 | Existing positions closed: 102

1.99% less ownership

Funds ownership: 92.37%90.38% (-2%)

2% less funds holding

Funds holding: 804787 (-17)

Holders
787
Holders Change
-17
Holders Change %
-2.11%
% of All Funds
10.36%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
95
Increased
313
Reduced
275
Closed
102
Calls
$374M
Puts
$242M
Net Calls
+$132M
Net Calls Change
+$24.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$3B +$84.6M +144,507 +3%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$2.3B -$451M -770,348 -16%
BlackRock
3
BlackRock
New York
$2.02B +$72.2M +123,301 +4%
JP Morgan Chase
4
JP Morgan Chase
New York
$1.99B +$36.3M +62,047 +2%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$1.29B -$838M -1,430,091 -38%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$1.02B +$232M +396,099 +28%
Franklin Resources
7
Franklin Resources
California
$722M +$101M +172,076 +15%
State Street
8
State Street
Massachusetts
$628M +$16.5M +28,104 +3%
Janus Henderson Group
9
Janus Henderson Group
United Kingdom
$542M +$284M +485,646 +100%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$514M +$22.3M +38,096 +4%
ClearBridge Investments
11
ClearBridge Investments
New York
$464M -$64.3M -109,760 -12%
UBS AM
12
UBS AM
Illinois
$455M +$90.9M +155,264 +23%
Jennison Associates
13
Jennison Associates
New York
$442M +$394M +672,158 +549%
Massachusetts Financial Services
14
Massachusetts Financial Services
Massachusetts
$372M -$152M -258,730 -28%
DCP
15
Durable Capital Partners
Maryland
$334M -$145M -246,924 -29%
Pictet Asset Management
16
Pictet Asset Management
Switzerland
$315M +$36.8M +62,751 +12%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$305M -$40.3M -68,791 -11%
Goldman Sachs
18
Goldman Sachs
New York
$292M -$8.61M -14,705 -3%
Morgan Stanley
19
Morgan Stanley
New York
$273M +$73.3M +125,232 +34%
Norges Bank
20
Norges Bank
Norway
$270M +$4.75M +8,114 +2%
Two Sigma Advisers
21
Two Sigma Advisers
New York
$241M +$138M +235,415 +119%
Two Sigma Investments
22
Two Sigma Investments
New York
$229M +$105M +180,098 +78%
Bank of America
23
Bank of America
North Carolina
$227M +$25M +42,665 +12%
Qube Research & Technologies (QRT)
24
Qube Research & Technologies (QRT)
United Kingdom
$226M +$118M +200,800 +98%
AllianceBernstein
25
AllianceBernstein
Tennessee
$209M +$57.1M +97,469 +35%

HUBS Hedge Fund Activity: Q2 2025 in Review

787 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in HubSpot (HUBS) for Q2 2025, worth a combined $26.5B — down 3.5% from $27.4B a quarter earlier.

Sellers outnumbered buyers: 102 funds closed out of HUBS and 95 opened new positions — a net loss of 7 holders — while 275 trimmed existing stakes and 313 added.

The largest buyer was Jennison Associates, adding an estimated $394M. The largest seller was Fidelity Investments, cutting an estimated $838M.

  • 787 institutional investors held HubSpot (HUBS) as of Q2 2025, down from 804 in Q1 2025.
  • Funds reported $26.5B of HubSpot stock for Q2 2025, down 3.5% quarter-over-quarter.
  • 95 funds opened new HubSpot positions in Q2 2025 and 102 closed out, a net change of -7 holders.
  • The largest HubSpot buyer in Q2 2025 was Jennison Associates, an estimated $394M added.
  • The largest HubSpot seller in Q2 2025 was Fidelity Investments, an estimated $838M sold.

Based on aggregated 13F filings for Q2 2025.