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Institutional Ownership · SEC Form 13F

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.

305
Institutional holders
65M
Shares held (tracked funds)

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.

FundSharesReported value% of valueQuarter
BlackRock, Inc. added10,431,842$502M16.6%2026-Q2
VANGUARD PORTFOLIO MANAGEMENT LLC added4,969,943$239M7.9%2026-Q2
VANGUARD CAPITAL MANAGEMENT LLC added2,718,267$131M4.3%2026-Q2
STATE STREET CORP added2,630,263$127M4.2%2026-Q2
TREMBLANT CAPITAL GROUP added1,842,165$89M2.9%2026-Q2
MILLENNIUM MANAGEMENT LLC added1,807,416$87M2.9%2026-Q2
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. added1,633,414$79M2.6%2026-Q2
GEODE CAPITAL MANAGEMENT, LLC added1,585,911$76M2.5%2026-Q2
Capital Research Global Investors trimmed1,480,035$71M2.4%2026-Q2
VICTORY CAPITAL MANAGEMENT INC added1,433,131$69M2.3%2026-Q2
Conestoga Capital Advisors, LLC trimmed1,393,275$67M2.2%2026-Q2
GOLDMAN SACHS GROUP INC added1,288,201$62M2.1%2026-Q2
TWO SIGMA INVESTMENTS, LP added1,202,730$58M1.9%2026-Q2
AMERICAN CENTURY COMPANIES INC added1,129,697$54M1.8%2026-Q2
ALGEBRIS (UK) LTD added1,070,545$51M1.7%2026-Q2
FEDERATED HERMES, INC. added1,047,134$50M1.7%2026-Q2
DIMENSIONAL FUND ADVISORS LP added1,011,060$49M1.6%2026-Q2
MANUFACTURERS LIFE INSURANCE COMPANY, THE added997,526$48M1.6%2026-Q2
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added875,851$42M1.4%2026-Q2
Tensile Capital Management LP trimmed868,767$42M1.4%2026-Q2
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC added830,714$40M1.3%2026-Q2
BROWN ADVISORY INC added824,009$40M1.3%2026-Q2
Nuveen, LLC added810,573$39M1.3%2026-Q2
JENNISON ASSOCIATES LLC trimmed801,053$39M1.3%2026-Q2
NORTHERN TRUST CORP added693,494$33M1.1%2026-Q2
FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ added688,217$33M1.1%2026-Q2
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added588,828$28M0.9%2026-Q2
BANK OF AMERICA CORP /DE/ added571,923$28M0.9%2026-Q2
CYPRESS POINT INVESTMENT MANAGEMENT LP added548,929$26M0.9%2026-Q2
PRICE T ROWE ASSOCIATES INC /MD/ added544,376$26M0.9%2026-Q2
MORGAN STANLEY trimmed485,746$23M0.8%2026-Q2
Rockefeller Capital Management L.P. added456,649$22M0.7%2026-Q2
D. E. Shaw & Co., Inc. trimmed449,747$22M0.7%2026-Q2
VANGUARD FIDUCIARY TRUST CO added447,933$22M0.7%2026-Q2
FIRST TRUST ADVISORS LP added428,420$21M0.7%2026-Q2
OBERWEIS ASSET MANAGEMENT INC/ added410,409$20M0.7%2026-Q2
Bank of New York Mellon Corp trimmed408,295$20M0.7%2026-Q2
MetLife Investment Management, LLC added397,499$19M0.6%2026-Q2
UBS Group AG added385,170$19M0.6%2026-Q2
AQR CAPITAL MANAGEMENT LLC trimmed380,700$18M0.6%2026-Q2
BALYASNY ASSET MANAGEMENT L.P. added363,452$17M0.6%2026-Q2
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed363,191$17M0.6%2026-Q2
WELLINGTON MANAGEMENT GROUP LLP added353,484$17M0.6%2026-Q2
Aberdeen Group plc added349,506$17M0.6%2026-Q2
Curi Capital, LLC added342,081$16M0.5%2026-Q2
AMERIPRISE FINANCIAL INC trimmed332,138$16M0.5%2026-Q2
EMERALD ADVISERS, LLC trimmed318,823$15M0.5%2026-Q2
TimesSquare Capital Management, LLC trimmed310,150$15M0.5%2026-Q2
PRINCIPAL FINANCIAL GROUP INC added306,084$15M0.5%2026-Q2
Invesco Ltd. added297,105$14M0.5%2026-Q2
Assenagon Asset Management S.A. trimmed295,011$14M0.5%2026-Q2
JPMORGAN CHASE & CO trimmed272,605$13M0.4%2026-Q2
FMR LLC added272,417$13M0.4%2026-Q2
FIFTH THIRD BANCORP added257,341$12M0.4%2026-Q2
Tidal Investments LLC added251,079$12M0.4%2026-Q2
Tributary Capital Management, LLC new242,876$12M0.4%2026-Q2
RAYMOND JAMES FINANCIAL INC added241,403$12M0.4%2026-Q2
BROWN CAPITAL MANAGEMENT LLC trimmed218,489$11M0.3%2026-Q2
Public Sector Pension Investment Board trimmed215,069$10M0.3%2026-Q2
EMERALD MUTUAL FUND ADVISERS TRUST203,815$10M0.3%2026-Q2
PEREGRINE CAPITAL MANAGEMENT LLC added178,825$9M0.3%2026-Q2
Connor, Clark & Lunn Investment Management Ltd. trimmed177,584$9M0.3%2026-Q2
Qube Research & Technologies Ltd trimmed168,470$8M0.3%2026-Q2
SILVERCREST ASSET MANAGEMENT GROUP LLC trimmed156,016$8M0.2%2026-Q2
CANADA PENSION PLAN INVESTMENT BOARD trimmed154,700$7M0.2%2026-Q2
RHUMBLINE ADVISERS trimmed153,513$7M0.2%2026-Q2
Trexquant Investment LP trimmed150,550$7M0.2%2026-Q2
RENAISSANCE TECHNOLOGIES LLC trimmed146,200$7M0.2%2026-Q2
Archon Capital Management LLC new145,249$7M0.2%2026-Q2
Legal & General Group Plc added144,848$7M0.2%2026-Q2
ENVESTNET ASSET MANAGEMENT INC added143,634$7M0.2%2026-Q2
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed141,136$7M0.2%2026-Q2
NICHOLAS COMPANY, INC. added136,211$7M0.2%2026-Q2
Clearbridge Investments, LLC trimmed135,675$7M0.2%2026-Q2
KING LUTHER CAPITAL MANAGEMENT CORP added127,940$6M0.2%2026-Q2
SEI INVESTMENTS CO added125,853$6M0.2%2026-Q2
LAZARD ASSET MANAGEMENT LLC added119,641$6M0.2%2026-Q2
Swiss National Bank trimmed119,000$6M0.2%2026-Q2
Schonfeld Strategic Advisors LLC trimmed111,670$5M0.2%2026-Q2
RENAISSANCE GROUP LLC trimmed106,620$5M0.2%2026-Q2
DEUTSCHE BANK AG\ added105,687$5M0.2%2026-Q2
NORDEA INVESTMENT MANAGEMENT AB added102,334$5M0.2%2026-Q2
Summit Creek Advisors LLC trimmed101,701$5M0.2%2026-Q2
STATE OF WISCONSIN INVESTMENT BOARD trimmed95,131$5M0.2%2026-Q2
CITIGROUP INC added91,741$4M0.1%2026-Q2
WELLS FARGO & COMPANY/MN added90,108$4M0.1%2026-Q2
ALLIANCEBERNSTEIN L.P. added89,221$4M0.1%2026-Q2
Hillsdale Investment Management Inc. added82,856$4M0.1%2026-Q2
XTX Topco Ltd added79,732$4M0.1%2026-Q2
Gotham Asset Management, LLC added76,725$4M0.1%2026-Q2
Freestone Grove Partners LP added75,136$4M0.1%2026-Q2
FRED ALGER MANAGEMENT, LLC trimmed72,589$3M0.1%2026-Q2
Quantinno Capital Management LP added71,226$3M0.1%2026-Q2
ROYAL BANK OF CANADA trimmed68,114$3M0.1%2026-Q2
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed66,519$3M0.1%2026-Q2
VANGUARD ASSET MANAGEMENT, Ltd added64,935$3M0.1%2026-Q2
PRUDENTIAL FINANCIAL INC trimmed64,425$3M0.1%2026-Q2
BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed64,176$3M0.1%2026-Q2
Future Fund LLC added62,793$3M0.1%2026-Q2
MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC trimmed62,780$3M0.1%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.

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