Trade Desk
1,046 hedge funds and large institutions have $18.9B invested in Trade Desk in 2025 Q1 according to their latest regulatory filings, with 146 funds opening new positions, 437 increasing their positions, 346 reducing their positions, and 291 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 437 | Existing positions reduced: 346
11% more call options, than puts
Call options by funds: $1,000M | Put options by funds: $905M
2.36% less ownership
Funds ownership: 78.88% → 76.52% (-2.4%)
13% less funds holding
Funds holding: 1,209 → 1,046 (-163)
50% less first-time investments, than exits
New positions opened: 146 | Existing positions closed: 291
55% less capital invested
Capital invested by funds: $42B → $18.9B (-$23B)
64% less funds holding in top 10
Funds holding in top 10: 25 → 9 (-16)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$487M |
| 2 |
Edgewood Management
Greenwich,
Connecticut
|
+$474M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$170M |
| 4 |
D.E. Shaw & Co
New York
|
+$160M |
| 5 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
+$159M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1B |
| 2 |
Invesco
Atlanta,
Georgia
|
-$466M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$353M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$341M |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
-$280M |
TTD Hedge Fund Activity: Q1 2025 in Review
1,046 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Trade Desk (TTD) for Q1 2025, worth a combined $18.9B — down 55% from $42B a quarter earlier.
Sellers outnumbered buyers: 291 funds closed out of TTD and 146 opened new positions — a net loss of 145 holders — while 346 trimmed existing stakes and 437 added.
The largest buyer was Brown Advisory, adding an estimated $487M. The largest seller was Morgan Stanley, cutting an estimated $1B.
- 1,046 institutional investors held Trade Desk (TTD) as of Q1 2025, down from 1,209 in Q4 2024.
- Funds reported $18.9B of Trade Desk stock for Q1 2025, down 55% quarter-over-quarter.
- 146 funds opened new Trade Desk positions in Q1 2025 and 291 closed out, a net change of -145 holders.
- The largest Trade Desk buyer in Q1 2025 was Brown Advisory, an estimated $487M added.
- The largest Trade Desk seller in Q1 2025 was Morgan Stanley, an estimated $1B sold.
Based on aggregated 13F filings for Q1 2025.