Who owns Q2 Holdings (QTWO)
Which tracked institutional funds hold QTWO, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See QTWO company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
81 tracked funds added or opened QTWO while 83 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
QTWO’s largest tracked holder by dollar value, BlackRock, 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 QTWO more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in QTWO 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 2026-Q1 and 2026-Q2, across 305 tracked filers holding QTWO, 165 increased or opened the position and 186 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
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 QTWO between the 2026-Q1 and 2026-Q2 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 12
- Tributary Capital Management, LLC$12M
- Archon Capital Management LLC$7M
- Holocene Advisors, LP$2M
- Apollon Wealth Management, LLC$2M
- Jupiter Topco LLC$1M
- Dockside LLC$1M
Full exits 40
- NORGES BANK$57M
- North Reef Capital Management LP$29M
- BESSEMER GROUP INC$14M
- CITADEL ADVISORS LLC$11M
- Handelsbanken Fonder AB$11M
- Squarepoint Ops LLC$10M
Largest adds
- BlackRock, Inc.$169M
- VICTORY CAPITAL MANAGEMENT INC$61M
- MILLENNIUM MANAGEMENT LLC$49M
- BROWN ADVISORY INC$29M
- GOLDMAN SACHS GROUP INC$29M
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC$26M
Largest trims
- Assenagon Asset Management S.A.$43M
- Conestoga Capital Advisors, LLC$17M
- Schonfeld Strategic Advisors LLC$16M
- JPMORGAN CHASE & CO$14M
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/$14M
- AMERIPRISE FINANCIAL INC$14M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 10,431,842 | $502M | 16.6% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 4,969,943 | $239M | 7.9% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 2,718,267 | $131M | 4.3% | 2026-Q2 |
| STATE STREET CORP added | 2,630,263 | $127M | 4.2% | 2026-Q2 |
| TREMBLANT CAPITAL GROUP added | 1,842,165 | $89M | 2.9% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 1,807,416 | $87M | 2.9% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. added | 1,633,414 | $79M | 2.6% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,585,911 | $76M | 2.5% | 2026-Q2 |
| Capital Research Global Investors trimmed | 1,480,035 | $71M | 2.4% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC added | 1,433,131 | $69M | 2.3% | 2026-Q2 |
| Conestoga Capital Advisors, LLC trimmed | 1,393,275 | $67M | 2.2% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 1,288,201 | $62M | 2.1% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 1,202,730 | $58M | 1.9% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 1,129,697 | $54M | 1.8% | 2026-Q2 |
| ALGEBRIS (UK) LTD added | 1,070,545 | $51M | 1.7% | 2026-Q2 |
| FEDERATED HERMES, INC. added | 1,047,134 | $50M | 1.7% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 1,011,060 | $49M | 1.6% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 997,526 | $48M | 1.6% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 875,851 | $42M | 1.4% | 2026-Q2 |
| Tensile Capital Management LP trimmed | 868,767 | $42M | 1.4% | 2026-Q2 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC added | 830,714 | $40M | 1.3% | 2026-Q2 |
| BROWN ADVISORY INC added | 824,009 | $40M | 1.3% | 2026-Q2 |
| Nuveen, LLC added | 810,573 | $39M | 1.3% | 2026-Q2 |
| JENNISON ASSOCIATES LLC trimmed | 801,053 | $39M | 1.3% | 2026-Q2 |
| NORTHERN TRUST CORP added | 693,494 | $33M | 1.1% | 2026-Q2 |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ added | 688,217 | $33M | 1.1% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 588,828 | $28M | 0.9% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 571,923 | $28M | 0.9% | 2026-Q2 |
| CYPRESS POINT INVESTMENT MANAGEMENT LP added | 548,929 | $26M | 0.9% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 544,376 | $26M | 0.9% | 2026-Q2 |
| MORGAN STANLEY trimmed | 485,746 | $23M | 0.8% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 456,649 | $22M | 0.7% | 2026-Q2 |
| D. E. Shaw & Co., Inc. trimmed | 449,747 | $22M | 0.7% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 447,933 | $22M | 0.7% | 2026-Q2 |
| FIRST TRUST ADVISORS LP added | 428,420 | $21M | 0.7% | 2026-Q2 |
| OBERWEIS ASSET MANAGEMENT INC/ added | 410,409 | $20M | 0.7% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 408,295 | $20M | 0.7% | 2026-Q2 |
| MetLife Investment Management, LLC added | 397,499 | $19M | 0.6% | 2026-Q2 |
| UBS Group AG added | 385,170 | $19M | 0.6% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 380,700 | $18M | 0.6% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 363,452 | $17M | 0.6% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 363,191 | $17M | 0.6% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP added | 353,484 | $17M | 0.6% | 2026-Q2 |
| Aberdeen Group plc added | 349,506 | $17M | 0.6% | 2026-Q2 |
| Curi Capital, LLC added | 342,081 | $16M | 0.5% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 332,138 | $16M | 0.5% | 2026-Q2 |
| EMERALD ADVISERS, LLC trimmed | 318,823 | $15M | 0.5% | 2026-Q2 |
| TimesSquare Capital Management, LLC trimmed | 310,150 | $15M | 0.5% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 306,084 | $15M | 0.5% | 2026-Q2 |
| Invesco Ltd. added | 297,105 | $14M | 0.5% | 2026-Q2 |
| Assenagon Asset Management S.A. trimmed | 295,011 | $14M | 0.5% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 272,605 | $13M | 0.4% | 2026-Q2 |
| FMR LLC added | 272,417 | $13M | 0.4% | 2026-Q2 |
| FIFTH THIRD BANCORP added | 257,341 | $12M | 0.4% | 2026-Q2 |
| Tidal Investments LLC added | 251,079 | $12M | 0.4% | 2026-Q2 |
| Tributary Capital Management, LLC new | 242,876 | $12M | 0.4% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 241,403 | $12M | 0.4% | 2026-Q2 |
| BROWN CAPITAL MANAGEMENT LLC trimmed | 218,489 | $11M | 0.3% | 2026-Q2 |
| Public Sector Pension Investment Board trimmed | 215,069 | $10M | 0.3% | 2026-Q2 |
| EMERALD MUTUAL FUND ADVISERS TRUST | 203,815 | $10M | 0.3% | 2026-Q2 |
| PEREGRINE CAPITAL MANAGEMENT LLC added | 178,825 | $9M | 0.3% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 177,584 | $9M | 0.3% | 2026-Q2 |
| Qube Research & Technologies Ltd trimmed | 168,470 | $8M | 0.3% | 2026-Q2 |
| SILVERCREST ASSET MANAGEMENT GROUP LLC trimmed | 156,016 | $8M | 0.2% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD trimmed | 154,700 | $7M | 0.2% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 153,513 | $7M | 0.2% | 2026-Q2 |
| Trexquant Investment LP trimmed | 150,550 | $7M | 0.2% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 146,200 | $7M | 0.2% | 2026-Q2 |
| Archon Capital Management LLC new | 145,249 | $7M | 0.2% | 2026-Q2 |
| Legal & General Group Plc added | 144,848 | $7M | 0.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 143,634 | $7M | 0.2% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 141,136 | $7M | 0.2% | 2026-Q2 |
| NICHOLAS COMPANY, INC. added | 136,211 | $7M | 0.2% | 2026-Q2 |
| Clearbridge Investments, LLC trimmed | 135,675 | $7M | 0.2% | 2026-Q2 |
| KING LUTHER CAPITAL MANAGEMENT CORP added | 127,940 | $6M | 0.2% | 2026-Q2 |
| SEI INVESTMENTS CO added | 125,853 | $6M | 0.2% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC added | 119,641 | $6M | 0.2% | 2026-Q2 |
| Swiss National Bank trimmed | 119,000 | $6M | 0.2% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC trimmed | 111,670 | $5M | 0.2% | 2026-Q2 |
| RENAISSANCE GROUP LLC trimmed | 106,620 | $5M | 0.2% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 105,687 | $5M | 0.2% | 2026-Q2 |
| NORDEA INVESTMENT MANAGEMENT AB added | 102,334 | $5M | 0.2% | 2026-Q2 |
| Summit Creek Advisors LLC trimmed | 101,701 | $5M | 0.2% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 95,131 | $5M | 0.2% | 2026-Q2 |
| CITIGROUP INC added | 91,741 | $4M | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 90,108 | $4M | 0.1% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 89,221 | $4M | 0.1% | 2026-Q2 |
| Hillsdale Investment Management Inc. added | 82,856 | $4M | 0.1% | 2026-Q2 |
| XTX Topco Ltd added | 79,732 | $4M | 0.1% | 2026-Q2 |
| Gotham Asset Management, LLC added | 76,725 | $4M | 0.1% | 2026-Q2 |
| Freestone Grove Partners LP added | 75,136 | $4M | 0.1% | 2026-Q2 |
| FRED ALGER MANAGEMENT, LLC trimmed | 72,589 | $3M | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP added | 71,226 | $3M | 0.1% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 68,114 | $3M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 66,519 | $3M | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 64,935 | $3M | 0.1% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC trimmed | 64,425 | $3M | 0.1% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 64,176 | $3M | 0.1% | 2026-Q2 |
| Future Fund LLC added | 62,793 | $3M | 0.1% | 2026-Q2 |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC trimmed | 62,780 | $3M | 0.1% | 2026-Q2 |
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.
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.