UL Solutions
ULS
353 hedge funds and large institutions have $6.8B invested in UL Solutions in 2025 Q4 according to their latest regulatory filings, with 107 funds opening new positions, 125 increasing their positions, 84 reducing their positions, and 31 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
245% more first-time investments, than exits
New positions opened: 107 | Existing positions closed: 31
206% more call options, than puts
Call options by funds: $54.4M | Put options by funds: $17.8M
49% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 84
38% more capital invested
Capital invested by funds: $4.92B → $6.8B (+$1.88B)
27.36% more ownership
Funds ownership: 110.69% → 138.04% (+27%)
26% more funds holding
Funds holding: 280 → 353 (+73)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$261M |
| 2 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$206M |
| 3 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
+$104M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$97.4M |
| 5 |
State Street
Boston,
Massachusetts
|
+$85.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$70.2M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$40M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$35.2M |
| 4 |
AAMU
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
-$21.9M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$15.7M |
ULS Hedge Fund Activity: Q4 2025 in Review
353 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in UL Solutions (ULS) for Q4 2025, worth a combined $6.8B — up 38% from $4.92B a quarter earlier.
Buyers outnumbered sellers: 107 funds opened new ULS positions and 31 closed out — a net gain of 76 holders — while 125 added to existing stakes and 84 trimmed.
The largest buyer was BlackRock, adding an estimated $261M. The largest seller was JP Morgan Chase, cutting an estimated $70.2M.
- 353 institutional investors held UL Solutions (ULS) as of Q4 2025, up from 280 in Q3 2025.
- Funds reported $6.8B of UL Solutions stock for Q4 2025, up 38% quarter-over-quarter.
- 107 funds opened new UL Solutions positions in Q4 2025 and 31 closed out, a net change of +76 holders.
- The largest UL Solutions buyer in Q4 2025 was BlackRock, an estimated $261M added.
- The largest UL Solutions seller in Q4 2025 was JP Morgan Chase, an estimated $70.2M sold.
Based on aggregated 13F filings for Q4 2025.