Sezzle
SEZL
210 hedge funds and large institutions have $811M invested in Sezzle in 2025 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 75 increasing their positions, 58 reducing their positions, and 80 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 58
2% less call options, than puts
Call options by funds: $54.4M | Put options by funds: $55.8M
2.47% less ownership
Funds ownership: 32.43% → 29.96% (-2.5%)
10% less funds holding
Funds holding: 233 → 210 (-23)
28% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 80
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
58% less capital invested
Capital invested by funds: $1.93B → $811M (-$1.12B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
+$67.4M |
| 2 |
Man Group
London,
United Kingdom
|
+$36.1M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$34M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$21.8M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$71.6M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$40.1M |
| 3 |
Renaissance Technologies
New York
|
-$35.8M |
| 4 |
Goldman Sachs
New York
|
-$22.2M |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
-$20.5M |
SEZL Hedge Fund Activity: Q3 2025 in Review
210 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Sezzle (SEZL) for Q3 2025, worth a combined $811M — down 58% from $1.93B a quarter earlier.
Sellers outnumbered buyers: 80 funds closed out of SEZL and 58 opened new positions — a net loss of 22 holders — while 58 trimmed existing stakes and 75 added.
The largest buyer was Divisadero Street Capital Management, adding an estimated $67.4M. The largest seller was D.E. Shaw & Co, cutting an estimated $71.6M.
- 210 institutional investors held Sezzle (SEZL) as of Q3 2025, down from 233 in Q2 2025.
- Funds reported $811M of Sezzle stock for Q3 2025, down 58% quarter-over-quarter.
- 58 funds opened new Sezzle positions in Q3 2025 and 80 closed out, a net change of -22 holders.
- The largest Sezzle buyer in Q3 2025 was Divisadero Street Capital Management, an estimated $67.4M added.
- The largest Sezzle seller in Q3 2025 was D.E. Shaw & Co, an estimated $71.6M sold.
Based on aggregated 13F filings for Q3 2025.