nCino
NCNO
298 hedge funds and large institutions have $3.5B invested in nCino in 2025 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 102 increasing their positions, 93 reducing their positions, and 42 closing their positions.
294% more call options, than puts
Call options by funds: $12.8M | Put options by funds: $3.25M
57% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 42
8% more funds holding
Funds holding: 276 → 298 (+22)
10% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 93
4.87% less ownership
Funds ownership: 116.45% → 111.58% (-4.9%)
7% less capital invested
Capital invested by funds: $3.78B → $3.5B (-$273M)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
+$68.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$60.7M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$43.8M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$39.8M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$31.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHCM
Sachem Head Capital Management
New York
|
-$126M |
| 2 |
IHG
Insight Holdings Group
New York
|
-$125M |
| 3 |
LPP
Long Path Partners
Stamford,
Connecticut
|
-$41.5M |
| 4 |
SP
ShawSpring Partners
Boston,
Massachusetts
|
-$39M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$36.7M |
NCNO Hedge Fund Activity: Q3 2025 in Review
298 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in nCino (NCNO) for Q3 2025, worth a combined $3.5B — down 7.2% from $3.78B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new NCNO positions and 42 closed out — a net gain of 24 holders — while 102 added to existing stakes and 93 trimmed.
The largest buyer was Senvest Management, adding an estimated $68.8M. The largest seller was Sachem Head Capital Management, exiting entirely with an estimated $126M sold.
- 298 institutional investors held nCino (NCNO) as of Q3 2025, up from 276 in Q2 2025.
- Funds reported $3.5B of nCino stock for Q3 2025, down 7.2% quarter-over-quarter.
- 66 funds opened new nCino positions in Q3 2025 and 42 closed out, a net change of +24 holders.
- The largest nCino buyer in Q3 2025 was Senvest Management, an estimated $68.8M added.
- The largest nCino seller in Q3 2025 was Sachem Head Capital Management, an estimated $126M sold.
Based on aggregated 13F filings for Q3 2025.