Strategy Inc
MSTR
850 hedge funds and large institutions have $18.2B invested in Strategy Inc in 2026 Q2 according to their latest regulatory filings, with 106 funds opening new positions, 362 increasing their positions, 271 reducing their positions, and 180 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 362 | Existing positions reduced: 271
2.61% more ownership
Funds ownership: 60.71% → 63.32% (+2.6%)
10% less funds holding
Funds holding: 941 → 850 (-91)
10% less call options, than puts
Call options by funds: $8.04B | Put options by funds: $8.96B
26% less capital invested
Capital invested by funds: $24.7B → $18.2B (-$6.45B)
29% less funds holding in top 10
Funds holding in top 10: 17 → 12 (-5)
41% less first-time investments, than exits
New positions opened: 106 | Existing positions closed: 180
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$584M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$502M |
| 3 |
Jane Street
New York
|
+$358M |
| 4 |
BlackRock
New York
|
+$238M |
| 5 |
HF
HRT Financial
New York
|
+$199M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$671M |
| 2 |
DE
Defiance ETFs
New York
|
-$418M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$405M |
| 4 |
MG
Marex Group
London,
|
-$282M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$199M |
MSTR Hedge Fund Activity: Q2 2026 in Review
850 of the 8,295 institutional investors tracked by Wall St. Rank reported a position in Strategy Inc (MSTR) for Q2 2026, worth a combined $18.2B — down 26% from $24.7B a quarter earlier.
Sellers outnumbered buyers: 180 funds closed out of MSTR and 106 opened new positions — a net loss of 74 holders — while 271 trimmed existing stakes and 362 added.
The largest buyer was Goldman Sachs, adding an estimated $584M. The largest seller was Capital Research Global Investors, cutting an estimated $671M.
- 850 institutional investors held Strategy Inc (MSTR) as of Q2 2026, down from 941 in Q1 2026.
- Funds reported $18.2B of Strategy Inc stock for Q2 2026, down 26% quarter-over-quarter.
- 106 funds opened new Strategy Inc positions in Q2 2026 and 180 closed out, a net change of -74 holders.
- The largest Strategy Inc buyer in Q2 2026 was Goldman Sachs, an estimated $584M added.
- The largest Strategy Inc seller in Q2 2026 was Capital Research Global Investors, an estimated $671M sold.
Based on aggregated 13F filings for Q2 2026.