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UL Solutions

247 hedge funds and large institutions have $4.89B invested in UL Solutions in 2025 Q2 according to their latest regulatory filings, with 84 funds opening new positions, 72 increasing their positions, 71 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

265% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 23

31% more capital invested

Capital invested by funds: $3.74B → $4.89B (+$1.14B)

30% more funds holding

Funds holding: 190247 (+57)

1% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 71

0.5% more ownership

Funds ownership: 107.07%107.58% (+0.5%)

62% less call options, than puts

Call options by funds: $27.2M | Put options by funds: $71.8M

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
247
Holders Change
+57
Holders Change %
+30%
% of All Funds
3.25%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.01%
New
84
Increased
72
Reduced
71
Closed
23
Calls
$27.2M
Puts
$71.8M
Net Calls
-$44.6M
Net Calls Change
-$32.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Natixis Advisors
126
Natixis Advisors
Massachusetts
$1.01M +$207K +3,155 +30%
EMPI
127
Elo Mutual Pension Insurance
Finland
$1.01M +$189K +2,884 +26%
Thrivent Financial for Lutherans
128
Thrivent Financial for Lutherans
Minnesota
$990K
Handelsbanken Fonder
129
Handelsbanken Fonder
Sweden
$969K +$871K +13,300 New
IMRF
130
Illinois Municipal Retirement Fund
Illinois
$899K +$808K +12,345 New
CWM
131
Connecticut Wealth Management
Connecticut
$786K
QC
132
Quadrature Capital
United Kingdom
$780K +$701K +10,714 New
TRCT
133
Tower Research Capital (TRC)
New York
$776K +$697K +10,651 New
XT
134
XTX Topco
Cayman Islands
$734K +$659K +10,068 New
Pictet Asset Management
135
Pictet Asset Management
Switzerland
$692K -$5.37K -82 -0.9%
Teacher Retirement System of Texas
136
Teacher Retirement System of Texas
Texas
$686K -$27.2K -415 -4%
TI
137
Tidal Investments
Wisconsin
$678K +$609K +9,303 New
Osaic Holdings
138
Osaic Holdings
Arizona
$659K +$660K +10,083 +1,115%
QWM
139
Quadcap Wealth Management
Texas
$650K
WLG
140
Williamson Legacy Group
Indiana
$649K +$584K +8,914 New
CT
141
Chicago Trust
Illinois
$648K
YC
142
Yarbrough Capital
Tennessee
$598K
Manulife (Manufacturers Life Insurance)
143
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$574K -$160K -2,445 -24%
Walleye Trading
144
Walleye Trading
New York
$541K +$486K +7,423 New
FC
145
FORA Capital
Florida
$515K +$463K +7,067 New
BFM
146
Boothbay Fund Management
New York
$515K +$463K +7,066 New
FIA
147
Foundations Investment Advisors
Arizona
$514K +$462K +7,053 New
Public Employees Retirement Association of Colorado
148
Public Employees Retirement Association of Colorado
Colorado
$511K +$459K +7,012 New
AA
149
ALPS Advisors
Colorado
$506K +$5.5K +84 +1%
CG
150
Cynosure Group
Utah
$503K +$452K +6,900 New

ULS Hedge Fund Activity: Q2 2025 in Review

247 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in UL Solutions (ULS) for Q2 2025, worth a combined $4.89B — up 31% from $3.74B a quarter earlier.

Buyers outnumbered sellers: 84 funds opened new ULS positions and 23 closed out — a net gain of 61 holders — while 72 added to existing stakes and 71 trimmed.

The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $369M. The largest seller was Capital International Investors, cutting an estimated $324M.

  • 247 institutional investors held UL Solutions (ULS) as of Q2 2025, up from 190 in Q1 2025.
  • Funds reported $4.89B of UL Solutions stock for Q2 2025, up 31% quarter-over-quarter.
  • 84 funds opened new UL Solutions positions in Q2 2025 and 23 closed out, a net change of +61 holders.
  • The largest UL Solutions buyer in Q2 2025 was Kayne Anderson Rudnick Investment Management, an estimated $369M added.
  • The largest UL Solutions seller in Q2 2025 was Capital International Investors, an estimated $324M sold.

Based on aggregated 13F filings for Q2 2025.