293 hedge funds and large institutions have $3.2B invested in nCino in 2025 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 103 increasing their positions, 107 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

Call options by funds: $ | Put options by funds: $

more first-time investments, than exits

New positions opened: | Existing positions closed:

less repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

less funds holding

Funds holding:

2.8% less ownership

Funds ownership: 111.57%108.77% (-2.8%)

9% less capital invested

Capital invested by funds: $3.5B → $3.2B (-$305M)

25% less funds holding in top 10

Funds holding in top 10: 86 (-2)

Holders
293
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$11.8M
Puts
$1.76M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SC
176
Sepio Capital
Utah
$465K
DWM
177
Diversify Wealth Management
Utah
$464K
RAM
178
Resona Asset Management
Japan
$445K
AI
179
Atria Investments
North Carolina
$428K
ET
180
Entropy Technologies
New York
$422K
IFA
181
Index Fund Advisors
California
$400K
P
182
&Partners
Tennessee
$389K
SGAM
183
Smith Group Asset Management
Texas
$384K
Pictet Asset Management
184
Pictet Asset Management
Switzerland
$369K
Northwestern Mutual Wealth Management
185
Northwestern Mutual Wealth Management
Wisconsin
$367K
GCP
186
GSA Capital Partners
United Kingdom
$350K
A
187
AlphaQuest
New York
$335K
AWM
188
Angeles Wealth Management
California
$331K
Victory Capital Management
189
Victory Capital Management
Texas
$324K
Universal-Beteiligungs- und Servicegesellschaft
190
Universal-Beteiligungs- und Servicegesellschaft
Germany
$307K
BC
191
Bridgefront Capital
Texas
$301K
VAS
192
Vestmark Advisory Solutions
Massachusetts
$300K
Janney Montgomery Scott
193
Janney Montgomery Scott
Pennsylvania
$293K
NG
194
Norden Group
Utah
$282K
SS
195
SBI Securities
Japan
$277K
SM
196
Sciencast Management
New Jersey
$248K
CAU
197
Caxton Associates (UK)
$245K
MFS
198
Mirabella Financial Services
United Kingdom
$238K
Ensign Peak Advisors
199
Ensign Peak Advisors
Utah
$233K
SC
200
Shay Capital
New York
$231K