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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
BC
176
Bridgefront Capital
Texas
$725K +$620K +35,872 New
DIG
177
Dauntless Investment Group
New Hampshire
$708K +$187K +10,844 +45%
I
178
InceptionR
California
$666K +$569K +32,948 New
PAG
179
Private Advisor Group
New Jersey
$659K +$214K +12,356 +61%
X
180
Xponance
Pennsylvania
$657K +$154K +8,918 +38%
CCIA
181
Campbell & Co Investment Adviser
Maryland
$647K +$251K +14,545 +83%
DnB Asset Management
182
DnB Asset Management
Norway
$643K
QIM
183
Quantitative Investment Management
Virginia
$642K +$549K +31,787 New
LWAM
184
Legacy Wealth Asset Management
Minnesota
$642K +$1.12K +65 +0.2%
Teacher Retirement System of Texas
185
Teacher Retirement System of Texas
Texas
$640K -$237K -13,711 -30%
GCP
186
GSA Capital Partners
United Kingdom
$616K +$527K +30,472 New
US Bancorp
187
US Bancorp
Minnesota
$612K +$312K +18,028 +147%
VSI
188
Verde Servicos Internacionais
Brazil
$612K -$168K -9,700 -24%
Macquarie Group
189
Macquarie Group
Australia
$610K
DAS
190
Diversify Advisory Services
Utah
$603K +$598K +34,606 New
EI
191
Ethic Inc
New York
$602K -$396K -22,894 -43%
LPL Financial
192
LPL Financial
California
$592K +$29.3K +1,696 +6%
NRD
193
Nebula Research & Development
New York
$586K +$501K +29,019 New
SLAM
194
Swiss Life Asset Management
$566K +$280K +16,217 +137%
DS
195
DRW Securities
Illinois
$563K +$98.8K +5,719 +26%
Wealth Enhancement Advisory Services
196
Wealth Enhancement Advisory Services
Minnesota
$525K -$117K -6,796 -20%
ET
197
Entropy Technologies
New York
$520K +$193K +11,182 +77%
SGA
198
Strategic Global Advisors
California
$507K +$434K +25,098 New
SCM
199
Sterling Capital Management
North Carolina
$504K +$73.7K +4,268 +21%
TCM
200
Teza Capital Management
Illinois
$484K -$516K -29,883 -55%

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.