Trade Desk
1,053 hedge funds and large institutions have $18.9B invested in Trade Desk in 2025 Q1 according to their latest regulatory filings, with 148 funds opening new positions, 442 increasing their positions, 344 reducing their positions, and 294 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 442 | Existing positions reduced: 344
11% more call options, than puts
Call options by funds: $1000M | Put options by funds: $905M
2.37% less ownership
Funds ownership: 78.88% → 76.51% (-2.4%)
13% less funds holding
Funds holding: 1,216 → 1,053 (-163)
18% less capital inflows, than outflows
Capital inflows: $4.4B | Capital outflows: $5.34B
50% less first-time investments, than exits
New positions opened: 148 | Existing positions closed: 294
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 |
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 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$255M |
TTD Hedge Fund Activity: Q1 2025 in Review
1,053 of the 7,487 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 $41.7B a quarter earlier.
Sellers outnumbered buyers: 294 funds closed out of TTD and 148 opened new positions — a net loss of 146 holders — while 344 trimmed existing stakes and 442 added.
The largest buyer was Brown Advisory, adding an estimated $487M. The largest seller was Morgan Stanley, cutting an estimated $1B.
- 1,053 institutional investors held Trade Desk (TTD) as of Q1 2025, down from 1,216 in Q4 2024.
- Funds reported $18.9B of Trade Desk stock for Q1 2025, down 55% quarter-over-quarter.
- 148 funds opened new Trade Desk positions in Q1 2025 and 294 closed out, a net change of -146 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.