Union Pacific
UNP
2,865 hedge funds and large institutions have $144B invested in Union Pacific in 2026 Q2 according to their latest regulatory filings, with 239 funds opening new positions, 1,196 increasing their positions, 984 reducing their positions, and 94 closing their positions.
154% more first-time investments, than exits
New positions opened: 239 | Existing positions closed: 94
50% more call options, than puts
Call options by funds: $1.31B | Put options by funds: $874M
22% more repeat investments, than reductions
Existing positions increased: 1,196 | Existing positions reduced: 984
14% more capital invested
Capital invested by funds: $126B → $144B (+$17.2B)
4% more funds holding in top 10
Funds holding in top 10: 49 → 51 (+2)
3% more funds holding
Funds holding: 2,775 → 2,865 (+90)
1.59% more ownership
Funds ownership: 87.37% → 88.96% (+1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$538M |
| 2 |
SPC
Slate Path Capital
New York
|
+$412M |
| 3 |
State Street
Boston,
Massachusetts
|
+$342M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$235M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$205M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$541M |
| 2 |
JP Morgan Chase
New York
|
-$517M |
| 3 |
AIP
Atlas Infrastructure Partners
London,
United Kingdom
|
-$246M |
| 4 |
DAM
Diamant Asset Management
Ridgefield,
Connecticut
|
-$244M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$234M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ORAM
2951
One River Asset Management
Stamford,
Connecticut
| – | -$34.9K | -133 | Closed |
|
|
MWA
2952
Merkkuri Wealth Advisors
Hicksville,
New York
| – | -$28.7K | -118 | Closed |
|
|
SA
2953
Scarborough Advisors
Annapolis,
Maryland
| – | -$27.4K | -113 | Closed |
|
|
NA
2954
Networth Advisors
Canonsburg,
Pennsylvania
| – | -$9.46K | -39 | Closed |
|
|
BDPWM
2955
Barnes Dennig Private Wealth Management
Cincinnati,
Ohio
| – | -$8.25K | -34 | Closed |
|
|
IA
2956
IFS Advisors
Overland Park,
Kansas
| – | -$5.09K | -21 | Closed |
|
|
MTI
2957
Merrithew & Thorsten Inc
San Diego,
California
| – | -$3K | -13 | Closed |
|
|
DFC
2958
DB Fitzpatrick & Co
Boise,
Idaho
| – | -$2.91K | -12 | Closed |
|
2959
Vanguard Advisers Inc
Malvern,
Pennsylvania
| – | -$2.67K | -11 | Closed |
|
|
PWA
2960
Portus Wealth Advisors
Charlotte,
North Carolina
| – | -$1.94K | -8 | Closed |
|
|
ICM
2961
Islay Capital Management
Lubbock,
Texas
| – | -$485 | -2 | Closed |
|
UNP Hedge Fund Activity: Q2 2026 in Review
2,865 of the 8,263 institutional investors tracked by Wall St. Rank reported a position in Union Pacific (UNP) for Q2 2026, worth a combined $144B — up 14% from $126B a quarter earlier.
Buyers outnumbered sellers: 239 funds opened new UNP positions and 94 closed out — a net gain of 145 holders — while 1,196 added to existing stakes and 984 trimmed.
The largest buyer was Viking Global Investors, opening a new position worth an estimated $538M. The largest seller was Canada Pension Plan Investment Board, cutting an estimated $541M.
- 2,865 institutional investors held Union Pacific (UNP) as of Q2 2026, up from 2,775 in Q1 2026.
- Funds reported $144B of Union Pacific stock for Q2 2026, up 14% quarter-over-quarter.
- 239 funds opened new Union Pacific positions in Q2 2026 and 94 closed out, a net change of +145 holders.
- The largest Union Pacific buyer in Q2 2026 was Viking Global Investors, an estimated $538M added.
- The largest Union Pacific seller in Q2 2026 was Canada Pension Plan Investment Board, an estimated $541M sold.
Based on aggregated 13F filings for Q2 2026.