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Trupanion

221 hedge funds and large institutions have $1.63B invested in Trupanion in 2025 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 69 increasing their positions, 80 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

92% more call options, than puts

Call options by funds: $27.6M | Put options by funds: $14.4M

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

3.84% less ownership

Funds ownership: 91.55%87.72% (-3.8%)

4% less funds holding

Funds holding: 231221 (-10)

14% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 80

21% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 39

25% less capital invested

Capital invested by funds: $2.17B → $1.63B (-$536M)

Holders
221
Holders Change
-10
Holders Change %
-4.33%
% of All Funds
2.9%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
31
Increased
69
Reduced
80
Closed
39
Calls
$27.6M
Puts
$14.4M
Net Calls
+$13.2M
Net Calls Change
+$13.9M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$223M -$447K -9,403 -0.2%
Capital World Investors
2
Capital World Investors
California
$178M +$268K +5,641 +0.1%
AI
3
Aflac Inc
Georgia
$157M
Vanguard Group
4
Vanguard Group
Pennsylvania
$154M -$3.12M -65,720 -2%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$57.6M +$2.62M +55,140 +4%
PCH
6
Polar Capital Holdings
United Kingdom
$56.3M
Balyasny Asset Management
7
Balyasny Asset Management
Illinois
$56.1M +$40.2M +846,784 +189%
State Street
8
State Street
Massachusetts
$54.7M -$1.04M -21,817 -2%
Marshall Wace
9
Marshall Wace
United Kingdom
$52.5M +$7.75M +163,101 +16%
Bank of America
10
Bank of America
North Carolina
$42.8M -$15.1M -317,186 -24%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$37.5M +$224K +4,715 +0.5%
Morgan Stanley
12
Morgan Stanley
New York
$33.8M -$8.29M -174,437 -18%
GLCM
13
Greenlea Lane Capital Management
Connecticut
$33.1M
Wellington Management Group
14
Wellington Management Group
Massachusetts
$28M -$66.1M -1,390,446 -68%
Millennium Management
15
Millennium Management
New York
$26.8M +$19.1M +402,421 +186%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$23.4M +$3.06M +64,289 +13%
ClearBridge Investments
17
ClearBridge Investments
New York
$19.6M -$202K -4,240 -0.9%
HP
18
Hosking Partners
United Kingdom
$18.7M +$963K +20,260 +5%
Northern Trust
19
Northern Trust
Illinois
$17.1M -$196K -4,121 -1%
Barclays
20
Barclays
United Kingdom
$16.4M +$3.89M +81,892 +27%
D.E. Shaw & Co
21
D.E. Shaw & Co
New York
$15.5M -$1.64M -34,500 -9%
TI
22
Trexquant Investment
Connecticut
$14.4M +$1.12M +23,607 +8%
Charles Schwab
23
Charles Schwab
California
$14.1M +$99.6K +2,095 +0.6%
KAM
24
Kopion Asset Management
Texas
$11.5M +$2.17M +45,594 +21%
RH
25
RenaissanceRe Holdings
Bermuda
$11.4M

TRUP Hedge Fund Activity: Q3 2025 in Review

221 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Trupanion (TRUP) for Q3 2025, worth a combined $1.63B — down 25% from $2.17B a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of TRUP and 31 opened new positions — a net loss of 8 holders — while 80 trimmed existing stakes and 69 added.

The largest buyer was Balyasny Asset Management, adding an estimated $40.2M. The largest seller was Wellington Management Group, cutting an estimated $66.1M.

  • 221 institutional investors held Trupanion (TRUP) as of Q3 2025, down from 231 in Q2 2025.
  • Funds reported $1.63B of Trupanion stock for Q3 2025, down 25% quarter-over-quarter.
  • 31 funds opened new Trupanion positions in Q3 2025 and 39 closed out, a net change of -8 holders.
  • The largest Trupanion buyer in Q3 2025 was Balyasny Asset Management, an estimated $40.2M added.
  • The largest Trupanion seller in Q3 2025 was Wellington Management Group, an estimated $66.1M sold.

Based on aggregated 13F filings for Q3 2025.