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Institutional Ownership · SEC Form 13F

Who owns PATH (PATH)


Which tracked institutional funds hold PATH, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PATH company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

538
Institutional holders
316,665,456
Shares held (tracked funds)

How the tape is positioned

78 tracked funds added or opened PATH while 198 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

PATH’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes PATH more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in PATH divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 538 tracked filers holding PATH, 313 increased or opened the position and 277 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in PATH between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 32

  • VANGUARD PORTFOLIO MANAGEMENT LLC$294M
  • VANGUARD CAPITAL MANAGEMENT LLC$206M
  • VANGUARD FIDUCIARY TRUST CO$29M
  • COATUE MANAGEMENT LLC$25M
  • Clear Street Group Inc.$6M
  • Blackstone Inc.$5M

Full exits 36

  • VANGUARD GROUP INC$795M
  • TWO SIGMA ADVISERS, LP$27M
  • CAPITAL FUND MANAGEMENT S.A.$16M
  • ZACKS INVESTMENT MANAGEMENT$13M
  • Madrona Venture Group, LLC$10M
  • Westend Capital Management, LLC$9M

Largest adds

  • JANE STREET GROUP, LLC$59M
  • MILLENNIUM MANAGEMENT LLC$28M
  • UBS Group AG$26M
  • JUPITER ASSET MANAGEMENT LTD$21M
  • GOLDMAN SACHS GROUP INC$18M
  • PEAK6 LLC$9M

Largest trims

  • BlackRock, Inc.$234M
  • Point72 Asset Management, L.P.$100M
  • SUSQUEHANNA INTERNATIONAL GROUP, LLP$83M
  • NORGES BANK$81M
  • STATE STREET CORP$65M
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.$59M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
BlackRock, Inc. trimmed38,287,012$425M9.4%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new26,488,863$294M6.5%2026-Q1
Tetragon Partners GP Ltd added25,207,628$280M6.2%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new18,594,868$206M4.6%2026-Q1
STATE STREET CORP added13,346,181$148M3.3%2026-Q1
BANK OF AMERICA CORP /DE/ added10,046,699$112M2.5%2026-Q1
UBS Group AG added9,403,093$104M2.3%2026-Q1
MORGAN STANLEY trimmed8,503,907$94M2.1%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added8,050,156$89M2.0%2026-Q1
Senvest Management, LLC trimmed7,784,822$86M1.9%2026-Q1
Alphabet Inc.7,034,337$78M1.7%2026-Q1
DIMENSIONAL FUND ADVISORS LP added6,831,288$76M1.7%2026-Q1
FEDERATED HERMES, INC. trimmed6,719,798$75M1.7%2026-Q1
JANE STREET GROUP, LLC added6,102,628$68M1.5%2026-Q1
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed5,263,365$58M1.3%2026-Q1
GOLDMAN SACHS GROUP INC added4,807,244$53M1.2%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added4,078,791$45M1.0%2026-Q1
TWO SIGMA INVESTMENTS, LP trimmed3,559,389$40M0.9%2026-Q1
NORGES BANK trimmed3,831,077$39M0.9%2026-Q1
NORTHERN TRUST CORP added3,211,376$36M0.8%2026-Q1
Bank of New York Mellon Corp added3,097,596$34M0.8%2026-Q1
CITADEL ADVISORS LLC added3,090,411$34M0.8%2026-Q1
NEUBERGER BERMAN GROUP LLC added3,060,411$34M0.8%2026-Q1
AQR CAPITAL MANAGEMENT LLC trimmed2,804,338$31M0.7%2026-Q1
CANADA PENSION PLAN INVESTMENT BOARD trimmed2,721,800$30M0.7%2026-Q1
MILLENNIUM MANAGEMENT LLC added2,661,700$30M0.7%2026-Q1
VANGUARD FIDUCIARY TRUST CO new2,645,505$29M0.7%2026-Q1
ALKEON CAPITAL MANAGEMENT LLC2,611,276$29M0.6%2026-Q1
CANADA LIFE ASSURANCE Co added2,416,852$27M0.6%2026-Q1
JUPITER ASSET MANAGEMENT LTD added2,309,418$26M0.6%2026-Q1
COATUE MANAGEMENT LLC2,269,557$25M0.6%2026-Q1
Point72 Asset Management, L.P. trimmed1,946,182$22M0.5%2026-Q1
BW Gestao de Investimentos Ltda. trimmed1,638,950$18M0.4%2026-Q1
Invenomic Capital Management LP added1,636,902$18M0.4%2026-Q1
FIRST TRUST ADVISORS LP added1,624,148$18M0.4%2026-Q1
JPMORGAN CHASE & CO added1,542,393$17M0.4%2026-Q1
ARMISTICE CAPITAL, LLC trimmed1,284,720$14M0.3%2026-Q1
AMERIPRISE FINANCIAL INC added1,253,310$14M0.3%2026-Q1
Trexquant Investment LP added1,215,887$13M0.3%2026-Q1
Optimus Prime Fund Management Co., Ltd.1,180,000$13M0.3%2026-Q1
D. E. Shaw & Co., Inc. trimmed1,170,903$13M0.3%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed1,113,231$12M0.3%2026-Q1
IEQ CAPITAL, LLC trimmed1,092,275$12M0.3%2026-Q1
PEAK6 LLC added1,054,415$12M0.3%2026-Q1
RHUMBLINE ADVISERS added1,037,680$12M0.3%2026-Q1
Invesco Ltd. trimmed1,020,268$11M0.3%2026-Q1
BRANDYWINE MANAGERS, LLC1,009,684$11M0.2%2026-Q1
Nuveen, LLC trimmed1,007,403$11M0.2%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added955,157$11M0.2%2026-Q1
GLENMEDE TRUST CO NA added950,460$11M0.2%2026-Q1
StepStone Group LP902,973$10M0.2%2026-Q1
Swiss National Bank added837,300$9M0.2%2026-Q1
IMC-Chicago, LLC trimmed824,472$9M0.2%2026-Q1
ALLIANCEBERNSTEIN L.P. trimmed516,998$8M0.2%2026-Q1
Tidal Investments LLC added638,563$7M0.2%2026-Q1
BNP PARIBAS FINANCIAL MARKETS trimmed602,921$7M0.1%2026-Q1
D.A. DAVIDSON & CO. added596,888$7M0.1%2026-Q1
STIFEL FINANCIAL CORP added590,555$7M0.1%2026-Q1
Gotham Asset Management, LLC added581,400$6M0.1%2026-Q1
WINTON GROUP Ltd added575,428$6M0.1%2026-Q1
Legal & General Group Plc trimmed572,347$6M0.1%2026-Q1
XTX Topco Ltd added554,300$6M0.1%2026-Q1
Man Group plc added553,718$6M0.1%2026-Q1
DEUTSCHE BANK AG\ trimmed542,505$6M0.1%2026-Q1
Clear Street Group Inc. new541,501$6M0.1%2026-Q1
LOS ANGELES CAPITAL MANAGEMENT LLC added540,110$6M0.1%2026-Q1
California Public Employees Retirement System trimmed527,244$6M0.1%2026-Q1
Retirement Systems of Alabama added524,967$6M0.1%2026-Q1
180 WEALTH ADVISORS, LLC trimmed520,552$6M0.1%2026-Q1
ALGERT GLOBAL LLC added511,435$6M0.1%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added496,496$6M0.1%2026-Q1
AVIVA PLC added491,169$5M0.1%2026-Q1
BNP PARIBAS ASSET MANAGEMENT Holding S.A. added489,370$5M0.1%2026-Q1
Engineers Gate Manager LP added440,344$5M0.1%2026-Q1
Capital Impact Advisors, LLC trimmed434,882$5M0.1%2026-Q1
Blackstone Inc. trimmed433,847$5M0.1%2026-Q1
Circumference Group LLC added425,000$5M0.1%2026-Q1
VANGUARD GROUP INC added48,482,792$795M17.6%2025-Q4 stale
Hudson Bay Capital Management LP added8,012,400$103M2.3%2025-Q2 stale
ARK Investment Management LLC trimmed8,319,250$86M1.9%2025-Q1 stale
VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed5,771,582$77M1.7%2025-Q3 stale
MACQUARIE GROUP LTD added4,604,227$59M1.3%2025-Q2 stale
TWO SIGMA ADVISERS, LP added1,675,801$27M0.6%2025-Q4 stale
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added2,000,000$26M0.6%2025-Q2 stale
Cubist Systematic Strategies, LLC added1,901,909$25M0.6%2025-Q3 stale
PANAGORA ASSET MANAGEMENT INC added1,209,552$16M0.4%2025-Q3 stale
CAPITAL FUND MANAGEMENT S.A. added976,265$16M0.4%2025-Q4 stale
Nikko Asset Management Americas, Inc. trimmed1,112,640$14M0.3%2025-Q2 stale
ZACKS INVESTMENT MANAGEMENT new785,796$13M0.3%2025-Q4 stale
Glenmede Investment Management, LP trimmed828,014$11M0.2%2025-Q3 stale
Madrona Venture Group, LLC607,673$10M0.2%2025-Q4 stale
Westend Capital Management, LLC new547,404$9M0.2%2025-Q4 stale
NFJ INVESTMENT GROUP, LLC new508,943$8M0.2%2025-Q4 stale
Aquatic Capital Management LLC added608,609$8M0.2%2025-Q3 stale
BANK OF NOVA SCOTIA trimmed448,000$7M0.2%2025-Q4 stale
PINEBRIDGE INVESTMENTS, L.P. trimmed561,091$7M0.2%2025-Q2 stale
Walleye Capital LLC added427,259$7M0.2%2025-Q4 stale
Squarepoint Ops LLC trimmed419,740$7M0.2%2025-Q4 stale
PUBLIC SECTOR PENSION INVESTMENT BOARD added474,700$6M0.1%2025-Q3 stale
ING GROEP NV trimmed468,000$6M0.1%2025-Q3 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership