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NOTE

FiscalNote

Delisted

NOTE was delisted on the 25th of March, 2026.

70 hedge funds and large institutions have $27.6M invested in FiscalNote in 2025 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 23 increasing their positions, 18 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more call options, than puts

Call options by funds: $291K | Put options by funds: $225K

28% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 18

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.54% less ownership

Funds ownership: 3.41%2.86% (-0.54%)

23% less funds holding

Funds holding: 9170 (-21)

39% less capital invested

Capital invested by funds: $45.1M → $27.6M (-$17.4M)

50% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 38

Holders
70
Holders Change
-21
Holders Change %
-23.08%
% of All Funds
0.92%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
19
Increased
23
Reduced
18
Closed
38
Calls
$291K
Puts
$225K
Net Calls
+$66K
Net Calls Change
-$313K
Name Holding Trade Value Shares
Change
Change in
Stake
Ameriprise
76
Ameriprise
Minnesota
-$143K -14,713 Closed
Bank of New York Mellon
77
Bank of New York Mellon
New York
-$116K -11,929 Closed
Deutsche Bank
78
Deutsche Bank
Germany
-$91.3K -9,388 Closed
SEI Investments
79
SEI Investments
Pennsylvania
-$81.1K -8,367 Closed
AllianceBernstein
80
AllianceBernstein
Tennessee
-$65.8K -6,783 Closed
XT
81
XTX Topco
Cayman Islands
-$57.6K -5,935 Closed
Envestnet Asset Management
82
Envestnet Asset Management
Illinois
-$55.2K -5,697 Closed
RhumbLine Advisers
83
RhumbLine Advisers
Massachusetts
-$46.5K -4,801 Closed
IIM
84
INTECH Investment Management
Florida
-$40.8K -4,209 Closed
JFG
85
Jefferies Financial Group
New York
-$40.4K -4,167 Closed
MCM
86
Massar Capital Management
Connecticut
-$34.8K -3,585 Closed
Mirae Asset Global ETFs Holdings
87
Mirae Asset Global ETFs Holdings
Hong Kong
-$34.4K -3,545 Closed
CF
88
Corebridge Financial
Texas
-$29.3K -3,020 Closed
Mariner
89
Mariner
Kansas
-$26.6K -2,741 Closed
New York State Common Retirement Fund
90
New York State Common Retirement Fund
New York
-$25.8K -2,661 Closed
T. Rowe Price Associates
91
T. Rowe Price Associates
Maryland
-$25K -2,537 Closed
Squarepoint
92
Squarepoint
New York
-$23.1K -2,383 Closed
Invesco
93
Invesco
Georgia
-$21.9K -2,257 Closed
SG Americas Securities
94
SG Americas Securities
New York
-$22K -2,257 Closed
GCM
95
Graham Capital Management
Connecticut
-$21.9K -2,255 Closed
PFSRSONJ
96
Police & Firemen's Retirement System of New Jersey
New Jersey
-$19.8K -2,044 Closed
TSS
97
Two Sigma Securities
New York
-$13.6K -1,401 Closed
CWM
98
CIBC World Markets
New York
-$13.3K -1,368 Closed
ProShare Advisors
99
ProShare Advisors
Maryland
-$12.9K -1,334 Closed
Wolverine Trading
100
Wolverine Trading
Illinois
-$8.3K -1,107 Closed

NOTE Hedge Fund Activity: Q2 2025 in Review

70 of the 7,602 institutional investors tracked by Wall St. Rank reported a position in FiscalNote (NOTE) for Q2 2025, worth a combined $27.6M — down 39% from $45.1M a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of NOTE and 19 opened new positions — a net loss of 19 holders — while 18 trimmed existing stakes and 23 added.

The largest buyer was Millennium Management, opening a new position worth an estimated $675K. The largest seller was BlackRock, cutting an estimated $2.29M.

  • 70 institutional investors held FiscalNote (NOTE) as of Q2 2025, down from 91 in Q1 2025.
  • Funds reported $27.6M of FiscalNote stock for Q2 2025, down 39% quarter-over-quarter.
  • 19 funds opened new FiscalNote positions in Q2 2025 and 38 closed out, a net change of -19 holders.
  • The largest FiscalNote buyer in Q2 2025 was Millennium Management, an estimated $675K added.
  • The largest FiscalNote seller in Q2 2025 was BlackRock, an estimated $2.29M sold.

Based on aggregated 13F filings for Q2 2025.