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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
Capital International Investors
1
Capital International Investors
California
$496M -$324M -4,947,475 -42%
Kayne Anderson Rudnick Investment Management
2
Kayne Anderson Rudnick Investment Management
California
$485M +$369M +5,632,269 +548%
Vanguard Group
3
Vanguard Group
Pennsylvania
$404M -$182K -2,776 -0.1%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$347M +$18M +275,709 +6%
T. Rowe Price Investment Management
5
T. Rowe Price Investment Management
Maryland
$252M -$69.7M -1,065,020 -24%
Capital Research Global Investors
6
Capital Research Global Investors
California
$238M +$81.3M +1,241,727 +61%
Janus Henderson Group
7
Janus Henderson Group
United Kingdom
$216M -$4.58M -69,959 -2%
JP Morgan Chase
8
JP Morgan Chase
New York
$205M -$108M -1,654,074 -37%
Bessemer Group
9
Bessemer Group
New Jersey
$138M +$30.1M +460,394 +32%
BlackRock
10
BlackRock
New York
$123M +$1.1M +16,854 +1%
Norges Bank
11
Norges Bank
Norway
$89.2M -$45.9M -701,200 -36%
CCA
12
Conestoga Capital Advisors
Pennsylvania
$85.2M +$30M +458,972 +65%
Acadian Asset Management
13
Acadian Asset Management
Massachusetts
$75.3M -$2.24M -34,156 -3%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$72.8M +$22.7M +346,633 +53%
AC
15
AltraVue Capital
Washington
$60.5M
Qube Research & Technologies (QRT)
16
Qube Research & Technologies (QRT)
United Kingdom
$56M +$14.9M +226,999 +42%
SFM
17
Soros Fund Management
New York
$55.1M -$7.18M -109,658 -13%
William Blair & Company
18
William Blair & Company
Illinois
$54.5M +$962K +14,690 +2%
First Trust Advisors
19
First Trust Advisors
Illinois
$52.7M +$18.6M +283,964 +65%
DekaBank Deutsche Girozentrale
20
DekaBank Deutsche Girozentrale
Germany
$52.4M +$49.5M +756,505 New
BBHC
21
Brown Brothers Harriman & Co
New York
$50.7M +$2M +30,611 +5%
Federated Hermes
22
Federated Hermes
Pennsylvania
$47.9M
ECP
23
Electron Capital Partners
New York
$45.6M +$40.9M +625,281 New
PC
24
Port Capital
Illinois
$45.1M +$296K +4,525 +0.7%
Two Sigma Investments
25
Two Sigma Investments
New York
$42.1M -$200K -3,060 -0.5%

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.