XP
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.
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: 10 → 13 (+3)
6% more funds holding
Funds holding: 296 → 313 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$150M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$138M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$122M |
| 4 |
BlackRock
New York
|
+$99.8M |
| 5 |
Morgan Stanley
New York
|
+$77.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$338M |
| 2 |
Dodge & Cox
San Francisco,
California
|
-$142M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$82.4M |
| 4 |
GA
General Atlantic
New York
|
-$70.8M |
| 5 |
SG Americas Securities
New York
|
-$40.7M |
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.