S&P Global
SPGI
2,205 hedge funds and large institutions have $137B invested in S&P Global in 2025 Q4 according to their latest regulatory filings, with 313 funds opening new positions, 792 increasing their positions, 806 reducing their positions, and 121 closing their positions.
159% more first-time investments, than exits
New positions opened: 313 | Existing positions closed: 121
29% more call options, than puts
Call options by funds: $1.68B | Put options by funds: $1.31B
25% more funds holding in top 10
Funds holding in top 10: 75 → 94 (+19)
8% more capital invested
Capital invested by funds: $127B → $137B (+$10.6B)
7% more funds holding
Funds holding: 2,058 → 2,205 (+147)
0.76% more ownership
Funds ownership: 86.18% → 86.93% (+0.76%)
2% less repeat investments, than reductions
Existing positions increased: 792 | Existing positions reduced: 806
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$685M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$456M |
| 3 |
Holocene Advisors
New York
|
+$390M |
| 4 |
TCI Fund Management
London,
United Kingdom
|
+$297M |
| 5 |
Amundi
Paris,
France
|
+$271M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LOAME
Lombard Odier Asset Management (Europe)
London,
United Kingdom
|
-$1.21B |
| 2 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$846M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$717M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$370M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$362M |
SPGI Hedge Fund Activity: Q4 2025 in Review
2,205 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in S&P Global (SPGI) for Q4 2025, worth a combined $137B — up 8.4% from $127B a quarter earlier.
Buyers outnumbered sellers: 313 funds opened new SPGI positions and 121 closed out — a net gain of 192 holders — while 792 added to existing stakes and 806 trimmed.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $685M. The largest seller was Lombard Odier Asset Management (Europe), cutting an estimated $1.21B.
- 2,205 institutional investors held S&P Global (SPGI) as of Q4 2025, up from 2,058 in Q3 2025.
- Funds reported $137B of S&P Global stock for Q4 2025, up 8.4% quarter-over-quarter.
- 313 funds opened new S&P Global positions in Q4 2025 and 121 closed out, a net change of +192 holders.
- The largest S&P Global buyer in Q4 2025 was T. Rowe Price Investment Management, an estimated $685M added.
- The largest S&P Global seller in Q4 2025 was Lombard Odier Asset Management (Europe), an estimated $1.21B sold.
Based on aggregated 13F filings for Q4 2025.