nCino
NCNO
275 hedge funds and large institutions have $3.66B invested in nCino in 2025 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 113 increasing their positions, 99 reducing their positions, and 46 closing their positions.
541% more call options, than puts
Call options by funds: $14.4M | Put options by funds: $2.25M
14% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 99
11.89% more ownership
Funds ownership: 103.34% → 115.23% (+12%)
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
7% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 46
2% less funds holding
Funds holding: 281 → 275 (-6)
9% less capital invested
Capital invested by funds: $4.02B → $3.66B (-$354M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHCM
Sachem Head Capital Management
New York
|
+$156M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$67.5M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$51.4M |
| 4 |
SP
ShawSpring Partners
Boston,
Massachusetts
|
+$32.4M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$25.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$24.5M |
| 3 |
NPT
National Philanthropic Trust
Jenkintown,
Pennsylvania
|
-$14.5M |
| 4 |
LP
LMR Partners
London,
United Kingdom
|
-$11.1M |
| 5 |
SIG
Senator Investment Group
New York
|
-$10.9M |
NCNO Hedge Fund Activity: Q1 2025 in Review
275 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in nCino (NCNO) for Q1 2025, worth a combined $3.66B — down 8.8% from $4.02B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of NCNO and 43 opened new positions — a net loss of 3 holders — while 99 trimmed existing stakes and 113 added.
The largest buyer was Sachem Head Capital Management, opening a new position worth an estimated $156M. The largest seller was BlackRock, cutting an estimated $25.4M.
- 275 institutional investors held nCino (NCNO) as of Q1 2025, down from 281 in Q4 2024.
- Funds reported $3.66B of nCino stock for Q1 2025, down 8.8% quarter-over-quarter.
- 43 funds opened new nCino positions in Q1 2025 and 46 closed out, a net change of -3 holders.
- The largest nCino buyer in Q1 2025 was Sachem Head Capital Management, an estimated $156M added.
- The largest nCino seller in Q1 2025 was BlackRock, an estimated $25.4M sold.
Based on aggregated 13F filings for Q1 2025.