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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.

New
Increased
Maintained
Reduced
Closed

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: 276298 (+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: 118 (-3)

Holders
298
Holders Change
+22
Holders Change %
+7.97%
% of All Funds
3.91%
Holding in Top 10
8
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-27.27%
% of All Funds
0.11%
New
66
Increased
102
Reduced
93
Closed
42
Calls
$12.8M
Puts
$3.25M
Net Calls
+$9.54M
Net Calls Change
+$3.53M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$323M +$5.89M +201,499 +2%
Kayne Anderson Rudnick Investment Management
2
Kayne Anderson Rudnick Investment Management
California
$190M -$13.7M -469,182 -6%
HCM
3
HMI Capital Management
California
$184M
Capital International Investors
4
Capital International Investors
California
$159M -$19.5K -666 -0%
BlackRock
5
BlackRock
New York
$143M +$7.06M +241,722 +5%
WA
6
Wasatch Advisors
Utah
$135M -$36.7M -1,254,741 -20%
T. Rowe Price Investment Management
7
T. Rowe Price Investment Management
Maryland
$126M -$26.1M -894,856 -16%
LPP
8
Long Path Partners
Connecticut
$91.3M -$41.5M -1,421,868 -30%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$70.9M +$5.29M +180,910 +7%
Bank of America
10
Bank of America
North Carolina
$68.1M +$60.7M +2,076,579 +475%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$66.6M -$2.62M -89,809 -4%
SM
12
Senvest Management
New York
$65.6M +$68.8M +2,354,408 +3,622%
CCA
13
Conestoga Capital Advisors
Pennsylvania
$61.7M -$11.5M -394,682 -15%
Capital Research Global Investors
14
Capital Research Global Investors
California
$60.4M -$17.5M -597,837 -21%
ClearBridge Investments
15
ClearBridge Investments
New York
$58.3M -$1.6M -54,904 -2%
SCM
16
Spyglass Capital Management
California
$58.3M +$16.6M +569,166 +36%
BAMCO Inc
17
BAMCO Inc
New York
$55.7M +$22.2K +759 +0%
ACM
18
American Capital Management
New York
$55.3M +$2.47M +84,447 +4%
Balyasny Asset Management
19
Balyasny Asset Management
Illinois
$54.3M +$31.1M +1,065,541 +114%
State Street
20
State Street
Massachusetts
$52.2M +$5.27M +180,326 +10%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$51.7M +$4.28M +146,564 +8%
BBHC
22
Brown Brothers Harriman & Co
New York
$48.6M
BCM
23
Brown Capital Management
Maryland
$45.7M -$11M -375,759 -18%
Ameriprise
24
Ameriprise
Minnesota
$44.2M -$3.87M -132,375 -8%
T. Rowe Price Associates
25
T. Rowe Price Associates
Maryland
$43.6M +$43.8M +1,497,655 +1,342%

NCNO Hedge Fund Activity: Q3 2025 in Review

298 of the 7,619 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.