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NBIS

Nebius Group N.V.

572 hedge funds and large institutions have $10.9B invested in Nebius Group N.V. in 2025 Q3 according to their latest regulatory filings, with 228 funds opening new positions, 151 increasing their positions, 129 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 228 | Existing positions closed: 57

139% more capital invested

Capital invested by funds: $4.57B → $10.9B (+$6.35B)

41% more funds holding

Funds holding: 406572 (+166)

17% more repeat investments, than reductions

Existing positions increased: 151 | Existing positions reduced: 129

13% more funds holding in top 10

Funds holding in top 10: 2326 (+3)

12% more call options, than puts

Call options by funds: $2.85B | Put options by funds: $2.54B

6.95% more ownership

Funds ownership: 41.43%48.38% (+6.9%)

Holders
572
Holders Change
+166
Holders Change %
+40.89%
% of All Funds
7.51%
Holding in Top 10
26
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+13.04%
% of All Funds
0.34%
New
228
Increased
151
Reduced
129
Closed
57
Calls
$2.85B
Puts
$2.54B
Net Calls
+$311M
Net Calls Change
-$66.6M
Name Holding Trade Value Shares
Change
Change in
Stake
OAG
1
Orbis Allan Gray
Bermuda
$1.44B -$337M -4,855,387 -28%
FAM
2
Fred Alger Management
New York
$1.14B +$176M +2,536,832 +33%
JCAM
3
Jericho Capital Asset Management
New York
$517M +$114M +1,648,497 +56%
AL4A
4
Accel Leaders 4 Associates
California
$514M
Morgan Stanley
5
Morgan Stanley
New York
$308M +$48.5M +697,878 +34%
UBS Group
6
UBS Group
Switzerland
$305M +$161M +2,319,609 +588%
Wells Fargo
7
Wells Fargo
California
$285M +$169M +2,434,425 +2,267%
Invesco
8
Invesco
Georgia
$272M -$80.6M -1,161,028 -32%
Millennium Management
9
Millennium Management
New York
$271M +$138M +1,985,978 +460%
Two Sigma Investments
10
Two Sigma Investments
New York
$271M +$162M +2,336,669 +3,201%
Two Sigma Advisers
11
Two Sigma Advisers
New York
$257M +$155M +2,230,000 +3,940%
RIM
12
Rovida Investment Management
Cayman Islands
$246M +$31.5M +453,000 +26%
Qube Research & Technologies (QRT)
13
Qube Research & Technologies (QRT)
United Kingdom
$239M +$147M +2,124,438 New
VARA
14
Value Aligned Research Advisors
New Jersey
$226M -$15.2M -218,674 -10%
Goldman Sachs
15
Goldman Sachs
New York
$213M +$21.8M +313,405 +20%
CS
16
Clear Street
New York
$202M +$125M +1,800,732 New
BNP Paribas Financial Markets
17
BNP Paribas Financial Markets
France
$185M +$108M +1,558,557 +1,680%
GCM
18
Ghisallo Capital Management
Massachusetts
$180M +$111M +1,604,028 New
Janus Henderson Group
19
Janus Henderson Group
United Kingdom
$155M +$96.1M +1,384,467 New
JP Morgan Chase
20
JP Morgan Chase
New York
$154M +$36.6M +526,672 +62%
GAMH
21
Greenwoods Asset Management (HK)
Hong Kong
$143M
NC
22
Nvidia Corp
California
$134M
D.E. Shaw & Co
23
D.E. Shaw & Co
New York
$128M -$55.8M -803,634 -41%
TLA
24
Tree Line Advisors
Hong Kong
$118M
GGHC
25
Gilder Gagnon Howe & Co
New York
$118M +$10.9M +157,525 +18%

NBIS Hedge Fund Activity: Q3 2025 in Review

572 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Nebius Group N.V. (NBIS) for Q3 2025, worth a combined $10.9B — up 139% from $4.57B a quarter earlier.

Buyers outnumbered sellers: 228 funds opened new NBIS positions and 57 closed out — a net gain of 171 holders — while 151 added to existing stakes and 129 trimmed.

The largest buyer was Fred Alger Management, adding an estimated $176M. The largest seller was Orbis Allan Gray, cutting an estimated $337M.

  • 572 institutional investors held Nebius Group N.V. (NBIS) as of Q3 2025, up from 406 in Q2 2025.
  • Funds reported $10.9B of Nebius Group N.V. stock for Q3 2025, up 139% quarter-over-quarter.
  • 228 funds opened new Nebius Group N.V. positions in Q3 2025 and 57 closed out, a net change of +171 holders.
  • The largest Nebius Group N.V. buyer in Q3 2025 was Fred Alger Management, an estimated $176M added.
  • The largest Nebius Group N.V. seller in Q3 2025 was Orbis Allan Gray, an estimated $337M sold.

Based on aggregated 13F filings for Q3 2025.