180 hedge funds and large institutions have $742M invested in Udemy in 2025 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 57 increasing their positions, 62 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

more ownership

Funds ownership:

less first-time investments, than exits

New positions opened: | Existing positions closed:

less repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

less funds holding

Funds holding:

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

17% less capital invested

Capital invested by funds: $896M → $742M (-$155M)

37% less call options, than puts

Call options by funds: $480K | Put options by funds: $756K

Holders
180
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$480K
Puts
$756K
Net Calls
Net Calls Change

Top Buyers

1 +$22M
2 +$15.8M
3 +$10.1M
4
Allianz Asset Management
Allianz Asset Management
Germany
+$7.2M
5
SFM
Soros Fund Management
New York
+$6.42M

Top Sellers

1 -$27.5M
2 -$16M
3 -$11.7M
4
Morgan Stanley
Morgan Stanley
New York
-$7.63M
5
Federated Hermes
Federated Hermes
Pennsylvania
-$6.43M
Name Holding Trade Value Shares
Change
Change in
Stake
C
151
Covestor
United Kingdom
$19K
AB
152
Amalgamated Bank
New York
$18K
CA
153
Clearstead Advisors
Ohio
$13.3K
GI
154
GAMMA Investing
California
$8.16K
AF
155
Allworth Financial
California
$7.7K
SSG
156
Summit Securities Group
New York
$5.9K
Group One Trading
157
Group One Trading
Illinois
$3.86K
SCM
158
Sterling Capital Management
North Carolina
$3.83K
CPG
159
Cornerstone Planning Group
New Jersey
$3.64K
Optiver Holding
160
Optiver Holding
Netherlands
$3.23K
SPIA
161
Steward Partners Investment Advisory
New York
$2.96K
TWD
162
True Wealth Design
Ohio
$2.31K
PCM
163
PenderFund Capital Management
British Columbia, Canada
$2.19K
RIL
164
Rothschild Investment LLC
Illinois
$2.18K
AAP
165
Arax Advisory Partners
Colorado
$1.93K
Rockefeller Capital Management
166
Rockefeller Capital Management
New York
$1.92K
EWA
167
EverSource Wealth Advisors
Alabama
$1.78K
PA
168
Parallel Advisors
California
$1.64K
FFA
169
Farther Finance Advisors
California
$1.34K
IA
170
IFP Advisors
Florida
$1.16K
GC
171
Globeflex Capital
California
$936
CFM
172
Cornerstone Financial Management
Massachusetts
$556
MCM
173
MAI Capital Management
Ohio
$422
PNC Financial Services Group
174
PNC Financial Services Group
Pennsylvania
$281
National Bank of Canada
175
National Bank of Canada
Quebec, Canada
$123