We are live on ! Find out more
WRB icon

W.R. Berkley
WRB

930 hedge funds and large institutions have $19B invested in W.R. Berkley in 2025 Q3 according to their latest regulatory filings, with 102 funds opening new positions, 312 increasing their positions, 359 reducing their positions, and 79 closing their positions.

New
Increased
Maintained
Reduced
Closed

623% more call options, than puts

Call options by funds: $22.4M | Put options by funds: $3.1M

29% more first-time investments, than exits

New positions opened: 102 | Existing positions closed: 79

1% more funds holding

Funds holding: 919 → 930 (+11)

2% more capital invested

Capital invested by funds: $18.7B → $19B (+$288M)

2.42% less ownership

Funds ownership: 67.16% → 64.73% (-2.4%)

13% less repeat investments, than reductions

Existing positions increased: 312 | Existing positions reduced: 359

14% less funds holding in top 10

Funds holding in top 10: 22 → 19 (-3)

Holders
930
Holders Change
+11
Holders Change %
+1.2%
% of All Funds
12.21%
Holding in Top 10
19
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-13.64%
% of All Funds
0.25%
New
102
Increased
312
Reduced
359
Closed
79
Calls
$22.4M
Puts
$3.1M
Net Calls
+$19.3M
Net Calls Change
+$12.4M

Top Buyers

1
JFG
Jefferies Financial Group
New York
+$634M
2
Invesco
Invesco
Georgia
+$87.2M
3
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$46.8M
4
Goldman Sachs
Goldman Sachs
New York
+$30.5M
5
Corient Private Wealth
Corient Private Wealth
Florida
+$24.5M

Top Sellers

1
JP Morgan Chase
JP Morgan Chase
New York
-$168M
2
Kayne Anderson Rudnick Investment Management
Kayne Anderson Rudnick Investment Management
California
-$114M
3
Balyasny Asset Management
Balyasny Asset Management
Illinois
-$105M
4
Morgan Stanley
Morgan Stanley
New York
-$102M
5
WP
Woodline Partners
California
-$84.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.81B -$16.9M -238,035 -0.6%
BlackRock
2
BlackRock
New York
$1.9B -$32.8M -460,264 -2%
State Street
3
State Street
Massachusetts
$1.14B +$10.7M +149,605 +1%
Morgan Stanley
4
Morgan Stanley
New York
$904M -$102M -1,431,548 -11%
Kayne Anderson Rudnick Investment Management
5
Kayne Anderson Rudnick Investment Management
California
$727M -$114M -1,601,999 -14%
JFG
6
Jefferies Financial Group
New York
$683M +$634M +8,911,719 New
Geode Capital Management
7
Geode Capital Management
Massachusetts
$640M +$11M +155,007 +2%
Janus Henderson Group
8
Janus Henderson Group
United Kingdom
$532M -$84.1M -1,181,236 -15%
Principal Financial Group
9
Principal Financial Group
Iowa
$402M +$17.3M +242,546 +5%
JP Morgan Chase
10
JP Morgan Chase
New York
$376M -$168M -2,360,694 -32%
Invesco
11
Invesco
Georgia
$375M +$87.2M +1,224,363 +33%
First Trust Advisors
12
First Trust Advisors
Illinois
$323M +$18.7M +262,187 +7%
Wells Fargo
13
Wells Fargo
California
$299M -$11.5M -160,992 -4%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$284M +$46.8M +657,558 +22%
Northern Trust
15
Northern Trust
Illinois
$231M -$4.85M -68,110 -2%
Royal London Asset Management
16
Royal London Asset Management
United Kingdom
$212M +$1.78M +25,036 +0.9%
PCH
17
Polar Capital Holdings
United Kingdom
$211M -$12.5M -175,000 -6%
UBS Group
18
UBS Group
Switzerland
$199M -$1.03M -14,474 -0.6%
Bank of America
19
Bank of America
North Carolina
$197M -$8.01M -112,543 -4%
Corient Private Wealth
20
Corient Private Wealth
Florida
$190M +$24.5M +343,795 +219%
1832 Asset Management
21
1832 Asset Management
Ontario, Canada
$184M -$16.9M -237,641 -9%
Legal & General Group
22
Legal & General Group
United Kingdom
$164M +$3.46M +48,537 +2%
Charles Schwab
23
Charles Schwab
California
$142M +$707K +9,929 +0.5%
MAM
24
Madison Asset Management
Wisconsin
$140M -$1.62M -22,788 -1%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$133M +$1.01M +14,194 +0.8%
1
2 3 4 5

WRB Hedge Fund Activity: Q3 2025 in Review

930 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in W.R. Berkley (WRB) for Q3 2025, worth a combined $19B — up 1.5% from $18.7B a quarter earlier.

Buyers outnumbered sellers: 102 funds opened new WRB positions and 79 closed out — a net gain of 23 holders — while 312 added to existing stakes and 359 trimmed.

The largest buyer was Jefferies Financial Group, opening a new position worth an estimated $634M. The largest seller was JP Morgan Chase, cutting an estimated $168M.

  • 930 institutional investors held W.R. Berkley (WRB) as of Q3 2025, up from 919 in Q2 2025.
  • Funds reported $19B of W.R. Berkley stock for Q3 2025, up 1.5% quarter-over-quarter.
  • 102 funds opened new W.R. Berkley positions in Q3 2025 and 79 closed out, a net change of +23 holders.
  • The largest W.R. Berkley buyer in Q3 2025 was Jefferies Financial Group, an estimated $634M added.
  • The largest W.R. Berkley seller in Q3 2025 was JP Morgan Chase, an estimated $168M sold.

Based on aggregated 13F filings for Q3 2025.