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Trade Desk

925 hedge funds and large institutions have $25.7B invested in Trade Desk in 2023 Q4 according to their latest regulatory filings, with 142 funds opening new positions, 351 increasing their positions, 301 reducing their positions, and 105 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more first-time investments, than exits

New positions opened: 142 | Existing positions closed: 105

17% more repeat investments, than reductions

Existing positions increased: 351 | Existing positions reduced: 301

5.74% more ownership

Funds ownership: 74.39%80.14% (+5.7%)

3% more funds holding

Funds holding: 896925 (+29)

1% less capital invested

Capital invested by funds: $26B → $25.7B (-$262M)

3% less call options, than puts

Call options by funds: $739M | Put options by funds: $761M

46% less funds holding in top 10

Funds holding in top 10: 2815 (-13)

Holders
925
Holders Change
+29
Holders Change %
+3.24%
% of All Funds
13.49%
Holding in Top 10
15
Holding in Top 10 Change
-13
Holding in Top 10 Change %
-46.43%
% of All Funds
0.22%
New
142
Increased
351
Reduced
301
Closed
105
Calls
$739M
Puts
$761M
Net Calls
-$22.2M
Net Calls Change
-$24.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$3.31B +$1.37B +18,641,217 +68%
Vanguard Group
2
Vanguard Group
Pennsylvania
$3B +$60.1M +818,568 +2%
Baillie Gifford & Co
3
Baillie Gifford & Co
United Kingdom
$2.95B -$273M -3,710,749 -8%
BlackRock
4
BlackRock
New York
$1.7B +$43.9M +597,178 +3%
JP Morgan Chase
5
JP Morgan Chase
New York
$1.43B -$41.6M -566,089 -3%
T. Rowe Price Investment Management
6
T. Rowe Price Investment Management
Maryland
$1.07B +$3.91M +53,221 +0.4%
Jennison Associates
7
Jennison Associates
New York
$1.05B +$513M +6,978,352 +92%
State Street
8
State Street
Massachusetts
$715M +$58M +789,582 +9%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$564M +$19.1M +260,587 +3%
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$478M -$170M -2,313,638 -26%
Invesco
11
Invesco
Georgia
$470M +$46.7M +636,245 +11%
Norges Bank
12
Norges Bank
Norway
$255M +$23.6M +321,156 +10%
Millennium Management
13
Millennium Management
New York
$239M +$177M +2,414,572 +266%
D.E. Shaw & Co
14
D.E. Shaw & Co
New York
$218M +$30M +407,735 +16%
Macquarie Group
15
Macquarie Group
Australia
$209M -$1.21M -16,424 -0.6%
Northern Trust
16
Northern Trust
Illinois
$200M -$5.59M -76,081 -3%
VOYA Investment Management
17
VOYA Investment Management
Georgia
$192M -$34.4M -468,909 -15%
ZCI
18
Zevenbergen Capital Investments
Washington
$181M -$11.2M -152,997 -6%
JCAM
19
Jericho Capital Asset Management
New York
$167M +$170M +2,319,355 New
UBS AM
20
UBS AM
Illinois
$161M +$38.2M +519,703 +30%
Goldman Sachs
21
Goldman Sachs
New York
$159M +$15.4M +209,222 +10%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$157M -$1.17M -15,983 -0.7%
AIM
23
ARK Investment Management
Florida
$155M +$145M +1,979,319 +1,162%
Amundi
24
Amundi
France
$152M +$12.1M +164,192 +8%
Jane Street
25
Jane Street
New York
$150M +$30.5M +414,609 +25%

TTD Hedge Fund Activity: Q4 2023 in Review

925 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Trade Desk (TTD) for Q4 2023, worth a combined $25.7B — down 1% from $26B a quarter earlier.

Buyers outnumbered sellers: 142 funds opened new TTD positions and 105 closed out — a net gain of 37 holders — while 351 added to existing stakes and 301 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $1.37B. The largest seller was Baillie Gifford & Co, cutting an estimated $273M.

  • 925 institutional investors held Trade Desk (TTD) as of Q4 2023, up from 896 in Q3 2023.
  • Funds reported $25.7B of Trade Desk stock for Q4 2023, down 1% quarter-over-quarter.
  • 142 funds opened new Trade Desk positions in Q4 2023 and 105 closed out, a net change of +37 holders.
  • The largest Trade Desk buyer in Q4 2023 was Morgan Stanley, an estimated $1.37B added.
  • The largest Trade Desk seller in Q4 2023 was Baillie Gifford & Co, an estimated $273M sold.

Based on aggregated 13F filings for Q4 2023.