Trupanion
TRUP
214 hedge funds and large institutions have $1.34B invested in Trupanion in 2025 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 63 increasing their positions, 89 reducing their positions, and 28 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
4% less call options, than puts
Call options by funds: $8M | Put options by funds: $8.32M
3% less funds holding
Funds holding: 221 → 214 (-7)
4.74% less ownership
Funds ownership: 87.72% → 82.97% (-4.7%)
18% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 28
18% less capital invested
Capital invested by funds: $1.63B → $1.34B (-$293M)
29% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 89
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$10.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$9.7M |
| 3 |
BlackRock
New York
|
+$8.73M |
| 4 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
+$6.87M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$4.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$40M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$15.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$15.4M |
| 4 |
Millennium Management
New York
|
-$13.2M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$4.4M |
TRUP Hedge Fund Activity: Q4 2025 in Review
214 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Trupanion (TRUP) for Q4 2025, worth a combined $1.34B — down 18% from $1.63B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of TRUP and 23 opened new positions — a net loss of 5 holders — while 89 trimmed existing stakes and 63 added.
The largest buyer was Goldman Sachs, adding an estimated $10.1M. The largest seller was Balyasny Asset Management, cutting an estimated $40M.
- 214 institutional investors held Trupanion (TRUP) as of Q4 2025, down from 221 in Q3 2025.
- Funds reported $1.34B of Trupanion stock for Q4 2025, down 18% quarter-over-quarter.
- 23 funds opened new Trupanion positions in Q4 2025 and 28 closed out, a net change of -5 holders.
- The largest Trupanion buyer in Q4 2025 was Goldman Sachs, an estimated $10.1M added.
- The largest Trupanion seller in Q4 2025 was Balyasny Asset Management, an estimated $40M sold.
Based on aggregated 13F filings for Q4 2025.