Quarterly deep analysis of institutional holdings, hedge fund strategies, and market trends.
Oak Grove Capital concentrates 50.2% of its $844M portfolio in Micron and NVIDIA, signaling conviction in AI-driven semiconductor demand across the entire chip ecosystem.
Renaissance Technologies’ Q4 2025 13F reveals a dramatic Alphabet exit (-89% to -94%), an 85% NVIDIA trim, and a 2,545% NFLX build. But the tiny $64.5M AUM confirms this is NOT the Medallion Fund—here is what the public portfolio actually signals.
Cliff Asness’s AQR Capital disclosed $190.6B across 16,934 holdings in its Q4 2025 13F—one of the broadest institutional books in the market. Massive momentum-driven adds in NOW (+953%), NFLX (+691%), and CMG (+342%) reveal a factor engine firing on all cylinders.
Wellington Management’s Q4 2025 13F shows aggressive conviction in DoorDash (+593%) and Netflix (+560%), while slashing Boeing and Exact Sciences. Inside the moves of a $571 billion active powerhouse.
Point72 Asset Management’s Q4 2025 13F reveals a $1.56B new QQQ position alongside dramatic increases in UNH (+1,201%), PEP (+965%), and GLD (+891%) — a dual signal of tech conviction and defensive hedging from Steve Cohen’s team.
T. Rowe Price’s Q4 2025 13F reveals a +686% surge in Netflix shares alongside a sprawling 4,500-position book. We break down the conviction moves hiding inside one of America’s largest active managers.
Bridgewater Associates doubled its AUM to $27.4B in Q4 2025, anchored by a massive $2.87B iShares S&P 500 ETF position. With 290 new positions and 281 exits, the post-Dalio team is rewriting the playbook.
Millennium Management’s Q4 2025 13F filing shows $237.8M in public equity holdings — a tiny slice of the firm’s $60B+ AUM — with 145 new positions and 145 exits reflecting the multi-pod hedge fund’s rapid-fire rotation strategy.
Two Sigma Investments executed a massive sector rotation in Q4 2025, exiting $583M in financials while building $403M positions in tech ETFs. With 168 new positions and 168 exits, the quant fund’s algorithmic signals point to a decisive shift.
Vanguard ($6.90T), BlackRock ($5.92T), and State Street ($2.98T) collectively hold $15.8 trillion in 13F-reportable assets across 72,190 positions. Here's how the index fund giants compare.
BlackRock's Q4 2025 13F reports $5.92 trillion across a record 50,216 positions. NVDA leads at 6.13%, but the real story is the breadth: 50,000+ line items mapping every corner of U.S. equities.
Vanguard Group's Q4 2025 13F reveals $6.9 trillion across 17,686 positions with NVDA at 6.1%, AAPL at 5.6%, and MSFT at 5.0% — a near-perfect mirror of market-cap weighting that grew 3.3% QoQ.
UK's largest asset manager held $450.9B in Q4 2025 with Nvidia at 7.09% and Apple at 6.66%. The top-3 concentration of 19.3% is notably higher than comparable diversified managers.
Wells Fargo's Q4 2025 13F shows $549.1B across 6,616 holdings. Four ETFs (SPY, IVV, QQQ, ITOT) account for $53.8B — a 9.7% allocation to index wrappers that dwarfs the individual stock positions below.
Wellington Management held $570.7B across 1,878 positions in Q4 2025. Eli Lilly and Merck sit at #7 and #8, giving healthcare a 4.1% share of the top-12 — unusual for a fund this size.
UBS Group AG cut its SPY ETF position by more than half (from $27B to $12.3B) in Q4 2025 while growing its self-owned UBS stock to $6.8B — a restructuring that reshuffled the entire top-15.
Charles Schwab Investment Management grew to $643.6B across 3,451 holdings in Q4 2025, with Nvidia leading at 4.5% — but the real story is three Schwab Strategic Trust ETFs quietly occupying top-15 slots worth $23.8B combined.
Invesco Ltd. closed Q4 2025 at $652B across 23,487 holdings. While top-5 concentration stayed low at 17.7%, the firm joined the same NFLX mega-accumulation pattern seen at Citadel and other whales, adding 836% more Netflix shares.
Citadel Advisors hit $666B in Q4 2025, up from $657B. The headline move: exiting a $43B QQQ position under CUSIP 04609e107 and opening a $36B replacement under 46090E103, while simultaneously ramping Netflix shares from 5.6M to 95.1M.
Northern Trust Corp’s Q4 2025 13F reveals a $784B portfolio with massive accumulation in Netflix (+883% shares) and ServiceNow (+400% shares), while the core remained anchored to NVDA, AAPL, and MSFT.