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Trade Desk

938 hedge funds and large institutions have $13.8B invested in Trade Desk in 2025 Q4 according to their latest regulatory filings, with 172 funds opening new positions, 252 increasing their positions, 405 reducing their positions, and 178 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.38% less ownership

Funds ownership: 82.57%82.19% (-0.38%)

3% less first-time investments, than exits

New positions opened: 172 | Existing positions closed: 178

5% less call options, than puts

Call options by funds: $1.21B | Put options by funds: $1.28B

2% less funds holding

Funds holding: 962938 (-24)

24% less capital invested

Capital invested by funds: $18.1B → $13.8B (-$4.27B)

38% less repeat investments, than reductions

Existing positions increased: 252 | Existing positions reduced: 405

50% less funds holding in top 10

Funds holding in top 10: 84 (-4)

Holders
938
Holders Change
-24
Holders Change %
-2.49%
% of All Funds
11.41%
Holding in Top 10
4
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-50%
% of All Funds
0.05%
New
172
Increased
252
Reduced
405
Closed
178
Calls
$1.21B
Puts
$1.28B
Net Calls
-$65.6M
Net Calls Change
-$29.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Victory Capital Management
76
Victory Capital Management
Texas
$27.3M -$4.58M -103,383 -13%
California State Teachers Retirement System (CalSTRS)
77
California State Teachers Retirement System (CalSTRS)
California
$26.3M -$228K -5,153 -0.7%
Mitsubishi UFJ Trust & Banking
78
Mitsubishi UFJ Trust & Banking
Japan
$25.7M -$3.44M -77,675 -10%
Walleye Trading
79
Walleye Trading
New York
$24M -$35.3M -796,922 -56%
WAM
80
Weiss Asset Management
Massachusetts
$23.2M +$27.1M +610,269 New
KBC Group
81
KBC Group
Belgium
$23.1M +$4.55M +102,677 +20%
JP Morgan Chase
82
JP Morgan Chase
New York
$22.9M -$254M -5,722,285 -90%
Zurich Cantonal Bank
83
Zurich Cantonal Bank
Switzerland
$22.3M +$18.3M +412,842 +235%
Jane Street
84
Jane Street
New York
$22.2M -$35.4M -798,578 -58%
TI
85
Trexquant Investment
Connecticut
$21.2M +$21.5M +484,829 +666%
SPS
86
Susquehanna Portfolio Strategies
Pennsylvania
$20.6M +$17.4M +393,575 +263%
PCM
87
Peregrine Capital Management
Minnesota
$20.5M -$72.9K -1,644 -0.3%
US Bancorp
88
US Bancorp
Minnesota
$20.1M -$25.4M -573,697 -52%
JF
89
Jump Financial
Illinois
$19.6M +$14.4M +324,171 +168%
BAMCO Inc
90
BAMCO Inc
New York
$19M -$57.6M -1,298,598 -72%
Bank of Montreal
91
Bank of Montreal
Ontario, Canada
$18.8M -$27M -608,454 -55%
Principal Financial Group
92
Principal Financial Group
Iowa
$18.6M +$283K +6,384 +1%
YIH
93
Y-Intercept (HK)
Hong Kong
$17.9M +$7.6M +171,383 +57%
CIA
94
Capital Impact Advisors
Massachusetts
$17.1M +$12.9M +290,724 +182%
TD Asset Management
95
TD Asset Management
Ontario, Canada
$16.6M -$6.93M -156,260 -26%
AllianceBernstein
96
AllianceBernstein
Tennessee
$16.2M -$152K -3,432 -0.8%
Man Group
97
Man Group
United Kingdom
$16.1M +$15.3M +344,796 +431%
Envestnet Asset Management
98
Envestnet Asset Management
Illinois
$15.6M -$27M -608,632 -60%
IMC Chicago
99
IMC Chicago
Illinois
$15.3M -$19.9M -448,158 -53%
SG Americas Securities
100
SG Americas Securities
New York
$15.3M +$13.4M +302,480 +301%