TOP Ships
TOPS
11 hedge funds and large institutions have $318K invested in TOP Ships in 2025 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 1 closing their positions.
0.18% more ownership
Funds ownership: 1.34% → 1.52% (+0.18%)
8% less funds holding
Funds holding: 12 → 11 (-1)
13% less capital invested
Capital invested by funds: $365K → $318K (-$47.2K)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$69K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$9.55K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.88K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$12.7K |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$11.8K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4.81K |
| 4 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
-$4.04K |
| 5 |
Citigroup
New York
|
-$52 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citadel Advisors
Miami,
Florida
| $106K | +$69K | +11,959 | +103% |
|
|
2
Dimensional Fund Advisors
Austin,
Texas
| $82.7K | +$9.55K | +1,656 | +10% |
|
|
3
Morgan Stanley
New York
| $65.4K | -$12.7K | -2,200 | -13% |
|
|
4
Cetera Investment Advisers
Schaumburg,
Illinois
| $59.2K | -$11.8K | -2,053 | -14% |
|
|
5
UBS Group
Zurich,
Switzerland
| $3.09K | +$3.88K | +673 | +5,608% |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $1.01K | -$4.81K | -834 | -79% |
|
|
FDCDDQ
7
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $18 | -$4.04K | -700 | -99% |
|
8
Osaic Holdings
Scottsdale,
Arizona
| $18 | – | – | – |
|
9
JP Morgan Chase
New York
| $9 | – | – | – |
|
|
10
Citigroup
New York
| $5 | -$52 | -9 | -90% |
|
11
AssetMark Inc
Concord,
California
| – | -$29 | -5 | Closed |
|
|
12
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$12 | +2 | +200% |
|
TOPS Hedge Fund Activity: Q4 2025 in Review
11 of the 8,224 institutional investors tracked by Wall St. Rank reported a position in TOP Ships (TOPS) for Q4 2025, worth a combined $318K — down 13% from $365K a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of TOPS and 0 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 4 added.
The largest buyer was Citadel Advisors, adding an estimated $69K. The largest seller was Morgan Stanley, cutting an estimated $12.7K.
- 11 institutional investors held TOP Ships (TOPS) as of Q4 2025, down from 12 in Q3 2025.
- Funds reported $318K of TOP Ships stock for Q4 2025, down 13% quarter-over-quarter.
- 0 funds opened new TOP Ships positions in Q4 2025 and 1 closed out, a net change of -1 holder.
- The largest TOP Ships buyer in Q4 2025 was Citadel Advisors, an estimated $69K added.
- The largest TOP Ships seller in Q4 2025 was Morgan Stanley, an estimated $12.7K sold.
Based on aggregated 13F filings for Q4 2025.