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Trade Desk

1,072 hedge funds and large institutions have $25.3B invested in Trade Desk in 2025 Q2 according to their latest regulatory filings, with 170 funds opening new positions, 414 increasing their positions, 360 reducing their positions, and 133 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more capital invested

Capital invested by funds: $18.9B → $25.3B (+$6.37B)

33% more funds holding in top 10

Funds holding in top 10: 912 (+3)

28% more first-time investments, than exits

New positions opened: 170 | Existing positions closed: 133

15% more repeat investments, than reductions

Existing positions increased: 414 | Existing positions reduced: 360

2% more funds holding

Funds holding: 1,0461,072 (+26)

5% more call options, than puts

Call options by funds: $1.53B | Put options by funds: $1.46B

0.65% more ownership

Funds ownership: 76.52%77.17% (+0.65%)

Holders
1,072
Holders Change
+26
Holders Change %
+2.49%
% of All Funds
14.11%
Holding in Top 10
12
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+33.33%
% of All Funds
0.16%
New
170
Increased
414
Reduced
360
Closed
133
Calls
$1.53B
Puts
$1.46B
Net Calls
+$69.1M
Net Calls Change
-$26M
Name Holding Trade Value Shares
Change
Change in
Stake
Kayne Anderson Rudnick Investment Management
51
Kayne Anderson Rudnick Investment Management
California
$91.5M +$3.13M +48,974 +4%
Envestnet Asset Management
52
Envestnet Asset Management
Illinois
$90M -$451K -7,068 -0.6%
Walleye Trading
53
Walleye Trading
New York
$88.3M +$39.9M +624,899 +104%
Citigroup
54
Citigroup
New York
$87.6M +$43.6M +683,490 +128%
Victory Capital Management
55
Victory Capital Management
Texas
$87.1M +$16.6M +259,201 +27%
Neuberger Berman Group
56
Neuberger Berman Group
New York
$83.6M -$36.4M -570,407 -33%
US Bancorp
57
US Bancorp
Minnesota
$80.8M +$1.09M +17,066 +2%
Nomura Asset Management
58
Nomura Asset Management
Japan
$80.7M +$54.8M +858,978 +327%
WJWM
59
Williams Jones Wealth Management
New York
$80.5M +$12.9M +202,324 +22%
Wellington Management Group
60
Wellington Management Group
Massachusetts
$79.8M -$15.3M -238,987 -18%
Millennium Management
61
Millennium Management
New York
$79.7M +$45.7M +715,741 +183%
Deutsche Bank
62
Deutsche Bank
Germany
$75.9M -$18.5M -290,224 -22%
Coatue Management
63
Coatue Management
New York
$71.9M +$63.8M +998,989 New
PAM
64
Panagora Asset Management
Massachusetts
$71.8M +$11.8M +185,552 +23%
Amundi
65
Amundi
France
$71.3M -$28.2M -442,085 -31%
Mitsubishi UFJ Trust & Banking
66
Mitsubishi UFJ Trust & Banking
Japan
$70M -$5.19M -81,314 -8%
LPL Financial
67
LPL Financial
California
$68.9M +$3.66M +57,254 +6%
Los Angeles Capital Management
68
Los Angeles Capital Management
California
$68.6M +$60.9M +953,475 New
NAMA
69
Nikko Asset Management Americas
New York
$66.7M -$1.7M -26,662 -3%
NC
70
Nicholas Company
Wisconsin
$64.8M
Schroder Investment Management Group
71
Schroder Investment Management Group
United Kingdom
$64.4M +$20.7M +324,173 +57%
FGP
72
Freestone Grove Partners
California
$63.1M +$56M +876,935 New
SPPAM
73
Summit Partners Public Asset Management
Massachusetts
$63.1M +$549K +8,605 +1%
BNP Paribas Financial Markets
74
BNP Paribas Financial Markets
France
$60.2M +$11.5M +179,674 +27%
Canada Pension Plan Investment Board
75
Canada Pension Plan Investment Board
Ontario, Canada
$59.6M +$28.1M +439,537 +113%

TTD Hedge Fund Activity: Q2 2025 in Review

1,072 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Trade Desk (TTD) for Q2 2025, worth a combined $25.3B — up 34% from $18.9B a quarter earlier.

Buyers outnumbered sellers: 170 funds opened new TTD positions and 133 closed out — a net gain of 37 holders — while 414 added to existing stakes and 360 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $455M. The largest seller was JP Morgan Chase, cutting an estimated $425M.

  • 1,072 institutional investors held Trade Desk (TTD) as of Q2 2025, up from 1,046 in Q1 2025.
  • Funds reported $25.3B of Trade Desk stock for Q2 2025, up 34% quarter-over-quarter.
  • 170 funds opened new Trade Desk positions in Q2 2025 and 133 closed out, a net change of +37 holders.
  • The largest Trade Desk buyer in Q2 2025 was Morgan Stanley, an estimated $455M added.
  • The largest Trade Desk seller in Q2 2025 was JP Morgan Chase, an estimated $425M sold.

Based on aggregated 13F filings for Q2 2025.