We are live on ! Find out more

313 hedge funds and large institutions have $6.96B invested in XP in 2025 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 127 increasing their positions, 96 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

49% more capital invested

Capital invested by funds: $4.68B → $6.96B (+$2.27B)

48% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 42

32% more repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 96

30% more funds holding in top 10

Funds holding in top 10: 1013 (+3)

6% more funds holding

Funds holding: 296313 (+17)

1.29% more ownership

Funds ownership: 77.9%79.19% (+1.3%)

6% less call options, than puts

Call options by funds: $90.5M | Put options by funds: $96.3M

Holders
313
Holders Change
+17
Holders Change %
+5.74%
% of All Funds
4.12%
Holding in Top 10
13
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+30%
% of All Funds
0.17%
New
62
Increased
127
Reduced
96
Closed
42
Calls
$90.5M
Puts
$96.3M
Net Calls
-$5.77M
Net Calls Change
+$30.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Legal & General Group
26
Legal & General Group
United Kingdom
$52.4M -$2.4M -138,849 -5%
Los Angeles Capital Management
27
Los Angeles Capital Management
California
$51.8M +$44.3M +2,563,564 New
Franklin Resources
28
Franklin Resources
California
$50.3M -$11.3M -653,947 -21%
Acadian Asset Management
29
Acadian Asset Management
Massachusetts
$46.4M +$38.8M +2,246,544 +4,422%
CCM
30
Causeway Capital Management
California
$46.1M +$39.4M +2,280,437 New
Ameriprise
31
Ameriprise
Minnesota
$43.9M +$10.2M +592,212 +37%
JP Morgan Chase
32
JP Morgan Chase
New York
$42.1M +$4.58M +265,118 +15%
BAMCO Inc
33
BAMCO Inc
New York
$38.6M +$4.29M +248,461 +15%
Ninety One (UK)
34
Ninety One (UK)
United Kingdom
$37.9M -$3.19M -184,566 -9%
Goldman Sachs
35
Goldman Sachs
New York
$37.7M +$13M +754,704 +68%
American Century Companies
36
American Century Companies
Missouri
$37.5M +$29.8M +1,725,021 +1,333%
Amundi
37
Amundi
France
$35.2M +$15.9M +922,920 +106%
BNP Paribas Financial Markets
38
BNP Paribas Financial Markets
France
$32.5M +$8.8M +509,514 +46%
Millennium Management
39
Millennium Management
New York
$32.1M -$11.4M -662,076 -29%
N
40
Natixis
France
$29.3M +$22.9M +1,323,470 +1,027%
N
41
Nuveen
North Carolina
$29.2M -$3.64M -210,763 -13%
First Trust Advisors
42
First Trust Advisors
Illinois
$27.7M -$6.57M -379,973 -22%
Marshall Wace
43
Marshall Wace
United Kingdom
$26.4M +$8.24M +476,755 +57%
II
44
INCA Investments
Florida
$26.4M -$892K -51,649 -4%
Federated Hermes
45
Federated Hermes
Pennsylvania
$25.5M +$21.6M +1,250,037 +11,715%
Bank of New York Mellon
46
Bank of New York Mellon
New York
$25.4M -$2.69M -155,663 -11%
CWM
47
CIBC World Markets
New York
$24.8M -$10.4M -604,100 -33%
CIBC World Market
48
CIBC World Market
Ontario, Canada
$24.4M -$5.2M -301,000 -20%
Ohio Public Employees Retirement System (OPERS)
49
Ohio Public Employees Retirement System (OPERS)
Ohio
$22.6M +$16.2M +935,858 +515%
PP
50
Praetorian PR
Puerto Rico
$20.2M -$3.46M -200,000 -17%

XP Hedge Fund Activity: Q2 2025 in Review

313 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in XP (XP) for Q2 2025, worth a combined $6.96B — up 49% from $4.68B a quarter earlier.

Buyers outnumbered sellers: 62 funds opened new XP positions and 42 closed out — a net gain of 20 holders — while 127 added to existing stakes and 96 trimmed.

The largest buyer was Massachusetts Financial Services, opening a new position worth an estimated $150M. The largest seller was Mawer Investment Management, exiting entirely with an estimated $338M sold.

  • 313 institutional investors held XP (XP) as of Q2 2025, up from 296 in Q1 2025.
  • Funds reported $6.96B of XP stock for Q2 2025, up 49% quarter-over-quarter.
  • 62 funds opened new XP positions in Q2 2025 and 42 closed out, a net change of +20 holders.
  • The largest XP buyer in Q2 2025 was Massachusetts Financial Services, an estimated $150M added.
  • The largest XP seller in Q2 2025 was Mawer Investment Management, an estimated $338M sold.

Based on aggregated 13F filings for Q2 2025.