Union Pacific
UNP
2,743 hedge funds and large institutions have $120B invested in Union Pacific in 2025 Q4 according to their latest regulatory filings, with 290 funds opening new positions, 1,001 increasing their positions, 1,057 reducing their positions, and 136 closing their positions.
128% more call options, than puts
Call options by funds: $1.42B | Put options by funds: $622M
113% more first-time investments, than exits
New positions opened: 290 | Existing positions closed: 136
4% more funds holding in top 10
Funds holding in top 10: 53 → 55 (+2)
3.46% more ownership
Funds ownership: 83.6% → 87.06% (+3.5%)
3% more funds holding
Funds holding: 2,654 → 2,743 (+89)
2% more capital invested
Capital invested by funds: $117B → $120B (+$2.34B)
5% less repeat investments, than reductions
Existing positions increased: 1,001 | Existing positions reduced: 1,057
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$2.2B |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$518M |
| 3 |
Harris Associates
Chicago,
Illinois
|
+$500M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$426M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$379M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
-$1.2B |
| 2 |
Amundi
Paris,
France
|
-$449M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$335M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$241M |
| 5 |
IP
Interval Partners
New York
|
-$221M |
UNP Hedge Fund Activity: Q4 2025 in Review
2,743 institutional investors reported a position in Union Pacific (UNP) for Q4 2025, worth a combined $120B — up 2% from $117B a quarter earlier.
Buyers outnumbered sellers: 290 funds opened new UNP positions and 136 closed out — a net gain of 154 holders — while 1,001 added to existing stakes and 1,057 trimmed.
The largest buyer was Capital World Investors, adding an estimated $2.2B. The largest seller was UBS AM, cutting an estimated $1.2B.
- 2,743 institutional investors held Union Pacific (UNP) as of Q4 2025, up from 2,654 in Q3 2025.
- Funds reported $120B of Union Pacific stock for Q4 2025, up 2% quarter-over-quarter.
- 290 funds opened new Union Pacific positions in Q4 2025 and 136 closed out, a net change of +154 holders.
- The largest Union Pacific buyer in Q4 2025 was Capital World Investors, an estimated $2.2B added.
- The largest Union Pacific seller in Q4 2025 was UBS AM, an estimated $1.2B sold.
Based on aggregated 13F filings for Q4 2025.