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Trupanion

231 hedge funds and large institutions have $2.17B invested in Trupanion in 2025 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 88 increasing their positions, 69 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

73% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 22

48% more capital invested

Capital invested by funds: $1.47B → $2.17B (+$699M)

28% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 69

7% more funds holding

Funds holding: 216231 (+15)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

2% less call options, than puts

Call options by funds: $30M | Put options by funds: $30.6M

1.2% less ownership

Funds ownership: 92.76%91.55% (-1.2%)

Holders
231
Holders Change
+15
Holders Change %
+6.94%
% of All Funds
3.04%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
38
Increased
88
Reduced
69
Closed
22
Calls
$30M
Puts
$30.6M
Net Calls
-$634K
Net Calls Change
+$3.65M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$286M -$862K -19,453 -0.4%
Capital World Investors
2
Capital World Investors
California
$227M +$219K +4,938 +0.1%
AI
3
Aflac Inc
Georgia
$201M
Vanguard Group
4
Vanguard Group
Pennsylvania
$200M +$2.08M +47,028 +1%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$113M -$20.1M -452,862 -18%
Bank of America
6
Bank of America
North Carolina
$72.3M -$14.3M -322,289 -20%
PCH
7
Polar Capital Holdings
United Kingdom
$72M -$2.21M -50,000 -4%
State Street
8
State Street
Massachusetts
$71.1M +$1.45M +32,839 +3%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$70.6M +$15.2M +343,071 +37%
Marshall Wace
10
Marshall Wace
United Kingdom
$58.1M -$6.66M -150,277 -13%
Morgan Stanley
11
Morgan Stanley
New York
$52.9M -$846K -19,096 -2%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$47.7M +$2.51M +56,671 +7%
GLCM
13
Greenlea Lane Capital Management
Connecticut
$42.3M -$6.37M -143,740 -16%
Baillie Gifford & Co
14
Baillie Gifford & Co
United Kingdom
$33.2M -$3.5M -78,926 -12%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$26.4M +$3.2M +72,324 +18%
ClearBridge Investments
16
ClearBridge Investments
New York
$25.3M +$172K +3,888 +0.9%
Balyasny Asset Management
17
Balyasny Asset Management
Illinois
$24.9M +$1.49M +33,650 +8%
HP
18
Hosking Partners
United Kingdom
$22.7M +$576K +13,014 +3%
Northern Trust
19
Northern Trust
Illinois
$22.1M +$1.67M +37,616 +10%
D.E. Shaw & Co
20
D.E. Shaw & Co
New York
$21.7M +$10.7M +242,404 +162%
Charles Schwab
21
Charles Schwab
California
$17.9M +$994K +22,444 +7%
Goldman Sachs
22
Goldman Sachs
New York
$17.9M +$6.47M +146,070 +82%
TI
23
Trexquant Investment
Connecticut
$17.1M +$2.11M +47,595 +18%
Barclays
24
Barclays
United Kingdom
$16.5M +$1.6M +36,176 +14%
Squarepoint
25
Squarepoint
New York
$14.7M +$1.46M +32,905 +14%

TRUP Hedge Fund Activity: Q2 2025 in Review

231 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Trupanion (TRUP) for Q2 2025, worth a combined $2.17B — up 48% from $1.47B a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new TRUP positions and 22 closed out — a net gain of 16 holders — while 88 added to existing stakes and 69 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $15.2M. The largest seller was Wellington Management Group, cutting an estimated $20.1M.

  • 231 institutional investors held Trupanion (TRUP) as of Q2 2025, up from 216 in Q1 2025.
  • Funds reported $2.17B of Trupanion stock for Q2 2025, up 48% quarter-over-quarter.
  • 38 funds opened new Trupanion positions in Q2 2025 and 22 closed out, a net change of +16 holders.
  • The largest Trupanion buyer in Q2 2025 was Fidelity Investments, an estimated $15.2M added.
  • The largest Trupanion seller in Q2 2025 was Wellington Management Group, an estimated $20.1M sold.

Based on aggregated 13F filings for Q2 2025.