Workday
WDAY
1,095 hedge funds and large institutions have $43B invested in Workday in 2025 Q4 according to their latest regulatory filings, with 155 funds opening new positions, 318 increasing their positions, 491 reducing their positions, and 134 closing their positions.
16% more first-time investments, than exits
New positions opened: 155 | Existing positions closed: 134
13% more call options, than puts
Call options by funds: $751M | Put options by funds: $665M
2.78% more ownership
Funds ownership: 91.15% → 93.93% (+2.8%)
0% less funds holding
Funds holding: 1,097 → 1,095 (-2)
10% less capital invested
Capital invested by funds: $47.5B → $43B (-$4.57B)
32% less funds holding in top 10
Funds holding in top 10: 22 → 15 (-7)
35% less repeat investments, than reductions
Existing positions increased: 318 | Existing positions reduced: 491
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.13B |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$729M |
| 3 |
Janus Henderson Group
London,
|
+$574M |
| 4 |
First Eagle Investment Management
New York
|
+$461M |
| 5 |
GIM
Generation Investment Management
London,
United Kingdom
|
+$234M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Polen Capital Management
Boca Raton,
Florida
|
-$421M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$372M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$296M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$273M |
| 5 |
Parnassus Investments
San Francisco,
California
|
-$250M |
WDAY Hedge Fund Activity: Q4 2025 in Review
1,095 institutional investors reported a position in Workday (WDAY) for Q4 2025, worth a combined $43B — down 9.6% from $47.5B a quarter earlier.
Buyers outnumbered sellers: 155 funds opened new WDAY positions and 134 closed out — a net gain of 21 holders — while 318 added to existing stakes and 491 trimmed.
The largest buyer was Invesco, adding an estimated $1.13B. The largest seller was Polen Capital Management, cutting an estimated $421M.
- 1,095 institutional investors held Workday (WDAY) as of Q4 2025, down from 1,097 in Q3 2025.
- Funds reported $43B of Workday stock for Q4 2025, down 9.6% quarter-over-quarter.
- 155 funds opened new Workday positions in Q4 2025 and 134 closed out, a net change of +21 holders.
- The largest Workday buyer in Q4 2025 was Invesco, an estimated $1.13B added.
- The largest Workday seller in Q4 2025 was Polen Capital Management, an estimated $421M sold.
Based on aggregated 13F filings for Q4 2025.