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S&P Global

2,075 hedge funds and large institutions have $136B invested in S&P Global in 2025 Q1 according to their latest regulatory filings, with 188 funds opening new positions, 819 increasing their positions, 765 reducing their positions, and 122 closing their positions.

New
Increased
Maintained
Reduced
Closed

54% more first-time investments, than exits

New positions opened: 188 | Existing positions closed: 122

27% more call options, than puts

Call options by funds: $787M | Put options by funds: $622M

4% more funds holding in top 10

Funds holding in top 10: 7073 (+3)

2% more funds holding

Funds holding: 2,0382,075 (+37)

7% more repeat investments, than reductions

Existing positions increased: 819 | Existing positions reduced: 765

1% more capital invested

Capital invested by funds: $134B → $136B (+$1.45B)

1.55% less ownership

Funds ownership: 86.86%85.3% (-1.6%)

Holders
2,075
Holders Change
+37
Holders Change %
+1.82%
% of All Funds
27.83%
Holding in Top 10
73
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+4.29%
% of All Funds
0.98%
New
188
Increased
819
Reduced
765
Closed
122
Calls
$787M
Puts
$622M
Net Calls
+$165M
Net Calls Change
+$47M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$15.1B +$55.6M +108,729 +0.4%
BlackRock
2
BlackRock
New York
$13.9B +$388M +759,196 +3%
State Street
3
State Street
Massachusetts
$7.24B -$394K -771 -0%
TCI Fund Management
4
TCI Fund Management
United Kingdom
$5.26B -$19.8M -38,808 -0.4%
Morgan Stanley
5
Morgan Stanley
New York
$3.99B +$832M +1,628,069 +26%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$3.42B +$82M +160,576 +2%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$3.28B -$687M -1,344,288 -17%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$3.03B +$32.5M +63,639 +1%
Bank of America
9
Bank of America
North Carolina
$2.71B +$207M +405,394 +8%
Norges Bank
10
Norges Bank
Norway
$2.04B +$281M +550,136 +16%
Northern Trust
11
Northern Trust
Illinois
$1.65B -$10.9M -21,380 -0.7%
UBS AM
12
UBS AM
Illinois
$1.62B +$58.7M +114,843 +4%
Capital International Investors
13
Capital International Investors
California
$1.54B -$1.53B -2,985,233 -50%
T. Rowe Price Associates
14
T. Rowe Price Associates
Maryland
$1.5B +$314M +614,809 +26%
Invesco
15
Invesco
Georgia
$1.42B -$50.8M -99,381 -3%
Wells Fargo
16
Wells Fargo
California
$1.41B +$56.8M +111,090 +4%
Goldman Sachs
17
Goldman Sachs
New York
$1.38B +$24.9M +48,824 +2%
Edgewood Management
18
Edgewood Management
Connecticut
$1.37B -$456M -893,366 -25%
N
19
Nuveen
North Carolina
$1.1B -$6.22M -12,171 -0.6%
Amundi
20
Amundi
France
$1.08B -$69.3M -135,531 -6%
Legal & General Group
21
Legal & General Group
United Kingdom
$1.07B +$14.2M +27,839 +1%
Parnassus Investments
22
Parnassus Investments
California
$1.07B -$62.7M -122,736 -6%
Charles Schwab
23
Charles Schwab
California
$1.05B +$37.6M +73,597 +4%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$1.03B -$19.4M -38,001 -2%
JP Morgan Chase
25
JP Morgan Chase
New York
$990M +$61.5M +120,432 +7%

SPGI Hedge Fund Activity: Q1 2025 in Review

2,075 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in S&P Global (SPGI) for Q1 2025, worth a combined $136B — up 1.1% from $134B a quarter earlier.

Buyers outnumbered sellers: 188 funds opened new SPGI positions and 122 closed out — a net gain of 66 holders — while 819 added to existing stakes and 765 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $832M. The largest seller was Capital International Investors, cutting an estimated $1.53B.

  • 2,075 institutional investors held S&P Global (SPGI) as of Q1 2025, up from 2,038 in Q4 2024.
  • Funds reported $136B of S&P Global stock for Q1 2025, up 1.1% quarter-over-quarter.
  • 188 funds opened new S&P Global positions in Q1 2025 and 122 closed out, a net change of +66 holders.
  • The largest S&P Global buyer in Q1 2025 was Morgan Stanley, an estimated $832M added.
  • The largest S&P Global seller in Q1 2025 was Capital International Investors, an estimated $1.53B sold.

Based on aggregated 13F filings for Q1 2025.