Netflix
NFLX
3,389 hedge funds and large institutions have $244B invested in Netflix in 2026 Q2 according to their latest regulatory filings, with 202 funds opening new positions, 1,498 increasing their positions, 1,391 reducing their positions, and 396 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 1,498 | Existing positions reduced: 1,391
5% more call options, than puts
Call options by funds: $14.9B | Put options by funds: $14.2B
0.25% less ownership
Funds ownership: 80.93% → 80.68% (-0.25%)
7% less funds holding
Funds holding: 3,636 → 3,389 (-247)
26% less capital invested
Capital invested by funds: $328B → $244B (-$84.6B)
49% less first-time investments, than exits
New positions opened: 202 | Existing positions closed: 396
59% less funds holding in top 10
Funds holding in top 10: 149 → 61 (-88)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSCM
Pershing Square Capital Management
New York
|
+$1.15B |
| 2 |
Goldman Sachs
New York
|
+$796M |
| 3 |
State Street
Boston,
Massachusetts
|
+$746M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$627M |
| 5 |
Fundsmith LLP
London,
United Kingdom
|
+$616M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.05B |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.8B |
| 3 |
JP Morgan Chase
New York
|
-$1.64B |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$1.04B |
| 5 |
Edgewood Management
Greenwich,
Connecticut
|
-$720M |
NFLX Hedge Fund Activity: Q2 2026 in Review
3,389 of the 8,339 institutional investors tracked by Wall St. Rank reported a position in Netflix (NFLX) for Q2 2026, worth a combined $244B — down 26% from $328B a quarter earlier.
Sellers outnumbered buyers: 396 funds closed out of NFLX and 202 opened new positions — a net loss of 194 holders — while 1,391 trimmed existing stakes and 1,498 added.
The largest buyer was Pershing Square Capital Management, opening a new position worth an estimated $1.15B. The largest seller was Fidelity Investments, cutting an estimated $6.05B.
- 3,389 institutional investors held Netflix (NFLX) as of Q2 2026, down from 3,636 in Q1 2026.
- Funds reported $244B of Netflix stock for Q2 2026, down 26% quarter-over-quarter.
- 202 funds opened new Netflix positions in Q2 2026 and 396 closed out, a net change of -194 holders.
- The largest Netflix buyer in Q2 2026 was Pershing Square Capital Management, an estimated $1.15B added.
- The largest Netflix seller in Q2 2026 was Fidelity Investments, an estimated $6.05B sold.
Based on aggregated 13F filings for Q2 2026.