nCino
NCNO
283 hedge funds and large institutions have $1.81B invested in nCino in 2026 Q1 according to their latest regulatory filings, with 69 funds opening new positions, 116 increasing their positions, 77 reducing their positions, and 77 closing their positions.
1,786% more call options, than puts
Call options by funds: $8.98M | Put options by funds: $476K
51% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 77
3.29% less ownership
Funds ownership: 108.92% → 105.62% (-3.3%)
4% less funds holding
Funds holding: 295 → 283 (-12)
10% less first-time investments, than exits
New positions opened: 69 | Existing positions closed: 77
43% less capital invested
Capital invested by funds: $3.2B → $1.81B (-$1.39B)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$72.6M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$44.3M |
| 3 |
Millennium Management
New York
|
+$38.7M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$31.3M |
| 5 |
SM
Senvest Management
New York
|
+$23.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$150M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$59.2M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$50.6M |
| 4 |
ONPI
Owls Nest Partners IA
Chadds Ford,
Pennsylvania
|
-$40.7M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$39.9M |
NCNO Hedge Fund Activity: Q1 2026 in Review
283 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in nCino (NCNO) for Q1 2026, worth a combined $1.81B — down 43% from $3.2B a quarter earlier.
Sellers outnumbered buyers: 77 funds closed out of NCNO and 69 opened new positions — a net loss of 8 holders — while 77 trimmed existing stakes and 116 added.
The largest buyer was Hawk Ridge Capital Management, adding an estimated $72.6M. The largest seller was Capital International Investors, exiting entirely with an estimated $150M sold.
- 283 institutional investors held nCino (NCNO) as of Q1 2026, down from 295 in Q4 2025.
- Funds reported $1.81B of nCino stock for Q1 2026, down 43% quarter-over-quarter.
- 69 funds opened new nCino positions in Q1 2026 and 77 closed out, a net change of -8 holders.
- The largest nCino buyer in Q1 2026 was Hawk Ridge Capital Management, an estimated $72.6M added.
- The largest nCino seller in Q1 2026 was Capital International Investors, an estimated $150M sold.
Based on aggregated 13F filings for Q1 2026.