Nebius Group N.V.
NBIS
333 hedge funds and large institutions have $1.73B invested in Nebius Group N.V. in 2025 Q1 according to their latest regulatory filings, with 115 funds opening new positions, 93 increasing their positions, 73 reducing their positions, and 81 closing their positions.
42% more first-time investments, than exits
New positions opened: 115 | Existing positions closed: 81
42% more call options, than puts
Call options by funds: $329M | Put options by funds: $232M
27% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 73
10% more funds holding
Funds holding: 303 → 333 (+30)
11.19% less ownership
Funds ownership: 52.19% → 40.99% (-11%)
27% less funds holding in top 10
Funds holding in top 10: 22 → 16 (-6)
39% less capital invested
Capital invested by funds: $2.82B → $1.73B (-$1.09B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Slate Path Capital
New York
|
+$71M |
| 2 |
VARA
Value Aligned Research Advisors
Princeton,
New Jersey
|
+$44.7M |
| 3 |
Morgan Stanley
New York
|
+$41.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$32.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$27.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$326M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$82.4M |
| 3 |
FAM
Fred Alger Management
New York
|
-$78.8M |
| 4 |
CM
Conifer Management
New York
|
-$59.2M |
| 5 |
SC
Samlyn Capital
New York
|
-$58.4M |
NBIS Hedge Fund Activity: Q1 2025 in Review
333 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Nebius Group N.V. (NBIS) for Q1 2025, worth a combined $1.73B — down 39% from $2.82B a quarter earlier.
Buyers outnumbered sellers: 115 funds opened new NBIS positions and 81 closed out — a net gain of 34 holders — while 93 added to existing stakes and 73 trimmed.
The largest buyer was Slate Path Capital, adding an estimated $71M. The largest seller was Fidelity Investments, cutting an estimated $326M.
- 333 institutional investors held Nebius Group N.V. (NBIS) as of Q1 2025, up from 303 in Q4 2024.
- Funds reported $1.73B of Nebius Group N.V. stock for Q1 2025, down 39% quarter-over-quarter.
- 115 funds opened new Nebius Group N.V. positions in Q1 2025 and 81 closed out, a net change of +34 holders.
- The largest Nebius Group N.V. buyer in Q1 2025 was Slate Path Capital, an estimated $71M added.
- The largest Nebius Group N.V. seller in Q1 2025 was Fidelity Investments, an estimated $326M sold.
Based on aggregated 13F filings for Q1 2025.