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Institutional Ownership · SEC Form 13F

Who owns The Trade Desk, Inc. (TTD)


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

Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

774
Institutional holders
365M
Shares held (tracked funds)

How the tape is positioned

The tracked-fund tape on TTD is one-sided between 2025-Q4 and 2026-Q1: 102 added or opened and 392 trimmed or exited — on balance reducing.

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

TTD’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 TTD more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in TTD 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 773 tracked filers holding TTD, 396 increased or opened the position and 541 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.

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 TTD 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 35

  • VANGUARD CAPITAL MANAGEMENT LLC$650M
  • VANGUARD PORTFOLIO MANAGEMENT LLC$509M
  • VANGUARD FIDUCIARY TRUST CO$58M
  • COATUE MANAGEMENT LLC$31M
  • Vanguard Global Advisers, LLC$22M
  • VANGUARD ASSET MANAGEMENT, Ltd$17M

Full exits 93

  • VANGUARD GROUP INC$2.1B
  • TWO SIGMA ADVISERS, LP$260M
  • ARK Investment Management LLC$111M
  • T. Rowe Price Investment Management, Inc.$84M
  • Amova Asset Management Americas, Inc.$50M
  • Champlain Investment Partners, LLC$49M

Largest adds

  • Alyeska Investment Group, L.P.$126M
  • TWO SIGMA INVESTMENTS, LP$92M
  • Assenagon Asset Management S.A.$61M
  • WORLDQUANT MILLENNIUM ADVISORS LLC$51M
  • ACADIAN ASSET MANAGEMENT LLC$41M
  • D. E. Shaw & Co., Inc.$33M

Largest trims

  • BAILLIE GIFFORD & CO$843M
  • BlackRock, Inc.$765M
  • GEODE CAPITAL MANAGEMENT, LLC$199M
  • STATE STREET CORP$159M
  • California Public Employees Retirement System$89M
  • MORGAN STANLEY$78M

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
STATE STREET CORP added44,933,369$1.0B9.1%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new28,645,253$650M5.8%2026-Q1
BlackRock, Inc. trimmed26,067,380$591M5.3%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new22,443,160$509M4.5%2026-Q1
TWO SIGMA INVESTMENTS, LP added14,161,321$321M2.9%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added13,988,728$317M2.8%2026-Q1
NORGES BANK trimmed3,786,074$207M1.8%2026-Q1
MORGAN STANLEY added8,767,560$199M1.8%2026-Q1
GOLDMAN SACHS GROUP INC added8,728,294$198M1.8%2026-Q1
Invesco Ltd. added8,095,989$184M1.6%2026-Q1
FEDERATED HERMES, INC. added7,628,435$173M1.5%2026-Q1
WORLDQUANT MILLENNIUM ADVISORS LLC added5,695,191$129M1.1%2026-Q1
Alyeska Investment Group, L.P. added5,628,855$128M1.1%2026-Q1
VOLORIDGE INVESTMENT MANAGEMENT, LLC added5,529,171$125M1.1%2026-Q1
RENAISSANCE TECHNOLOGIES LLC added5,440,541$123M1.1%2026-Q1
MILLENNIUM MANAGEMENT LLC added4,914,295$112M1.0%2026-Q1
CITIGROUP INC added4,912,283$111M1.0%2026-Q1
D. E. Shaw & Co., Inc. added4,779,371$108M1.0%2026-Q1
BARCLAYS PLC added4,659,984$106M0.9%2026-Q1
BANK OF AMERICA CORP /DE/ added4,548,894$103M0.9%2026-Q1
BNP PARIBAS FINANCIAL MARKETS added4,137,594$94M0.8%2026-Q1
NORTHERN TRUST CORP added3,918,343$89M0.8%2026-Q1
UBS Group AG added3,540,366$80M0.7%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added3,503,082$79M0.7%2026-Q1
CITADEL ADVISORS LLC added3,369,706$76M0.7%2026-Q1
DEUTSCHE BANK AG\ added3,225,053$73M0.7%2026-Q1
Assenagon Asset Management S.A. added3,219,046$73M0.6%2026-Q1
JACOBS LEVY EQUITY MANAGEMENT, INC added3,132,743$71M0.6%2026-Q1
Amundi added3,056,305$69M0.6%2026-Q1
Point72 Asset Management, L.P. added2,779,100$63M0.6%2026-Q1
FMR LLC added2,573,462$58M0.5%2026-Q1
Legal & General Group Plc added2,566,452$58M0.5%2026-Q1
VANGUARD FIDUCIARY TRUST CO new2,541,557$58M0.5%2026-Q1
JPMORGAN CHASE & CO added2,388,311$53M0.5%2026-Q1
MARSHALL WACE, LLP added2,286,685$52M0.5%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed2,268,914$51M0.5%2026-Q1
ACADIAN ASSET MANAGEMENT LLC added2,235,765$51M0.5%2026-Q1
Bank of New York Mellon Corp trimmed2,187,034$50M0.4%2026-Q1
CANADA PENSION PLAN INVESTMENT BOARD added1,967,758$45M0.4%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed1,956,491$44M0.4%2026-Q1
Squarepoint Ops LLC trimmed1,940,964$44M0.4%2026-Q1
BNP PARIBAS ASSET MANAGEMENT Holding S.A. added1,761,752$40M0.4%2026-Q1
Quantinno Capital Management LP added1,496,748$34M0.3%2026-Q1
FIRST TRUST ADVISORS LP added1,448,758$33M0.3%2026-Q1
BANK OF NOVA SCOTIA added1,394,787$32M0.3%2026-Q1
COATUE MANAGEMENT LLC1,387,089$31M0.3%2026-Q1
Retirement Systems of Alabama added1,309,016$30M0.3%2026-Q1
Swiss National Bank added1,292,200$29M0.3%2026-Q1
PRIMECAP MANAGEMENT CO/CA/ added1,232,605$28M0.2%2026-Q1
RAYMOND JAMES FINANCIAL INC added1,146,163$25M0.2%2026-Q1
HSBC HOLDINGS PLC added1,083,635$25M0.2%2026-Q1
Harding Loevner LP trimmed1,069,565$24M0.2%2026-Q1
Nuveen, LLC trimmed1,058,147$24M0.2%2026-Q1
WELLS FARGO & COMPANY/MN added1,032,860$23M0.2%2026-Q1
Voleon Capital Management LP added1,023,518$23M0.2%2026-Q1
ROYAL BANK OF CANADA trimmed999,194$23M0.2%2026-Q1
Mitsubishi UFJ Asset Management Co., Ltd. added995,585$23M0.2%2026-Q1
Vanguard Global Advisers, LLC new965,256$22M0.2%2026-Q1
RHUMBLINE ADVISERS added948,080$22M0.2%2026-Q1
Sumitomo Mitsui Trust Group, Inc. trimmed946,685$21M0.2%2026-Q1
SG Americas Securities, LLC added923,312$21M0.2%2026-Q1
Jump Financial, LLC added863,100$20M0.2%2026-Q1
TUDOR INVESTMENT CORP ET AL trimmed855,366$19M0.2%2026-Q1
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA trimmed921,260$19M0.2%2026-Q1
Man Group plc added813,219$18M0.2%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new766,187$17M0.2%2026-Q1
Russell Investments Group, Ltd. added764,407$17M0.2%2026-Q1
ALLIANCEBERNSTEIN L.P. added449,228$17M0.2%2026-Q1
DIMENSIONAL FUND ADVISORS LP trimmed710,982$16M0.1%2026-Q1
California Public Employees Retirement System trimmed705,031$16M0.1%2026-Q1
Clear Street Group Inc. added700,284$16M0.1%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed668,065$15M0.1%2026-Q1
VANGUARD GROUP INC trimmed56,152,970$2.1B19.0%2025-Q4 stale
TWO SIGMA ADVISERS, LP added6,860,400$260M2.3%2025-Q4 stale
Jericho Capital Asset Management L.P. added4,067,000$199M1.8%2025-Q3 stale
VIKING GLOBAL INVESTORS LP new2,674,320$193M1.7%2025-Q2 stale
ARK Investment Management LLC added2,927,539$111M1.0%2025-Q4 stale
T. Rowe Price Investment Management, Inc. trimmed2,214,982$84M0.7%2025-Q4 stale
WELLINGTON MANAGEMENT GROUP LLP trimmed1,107,816$80M0.7%2025-Q2 stale
Freestone Grove Partners LP new876,935$63M0.6%2025-Q2 stale
SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC added876,307$63M0.6%2025-Q2 stale
SOMA EQUITY PARTNERS LP new978,646$54M0.5%2025-Q1 stale
Amova Asset Management Americas, Inc. added1,323,004$50M0.4%2025-Q4 stale
Champlain Investment Partners, LLC trimmed1,301,060$49M0.4%2025-Q4 stale
PARNASSUS INVESTMENTS, LLC trimmed647,351$47M0.4%2025-Q2 stale
WESTFIELD CAPITAL MANAGEMENT CO LP trimmed712,098$39M0.3%2025-Q1 stale
NICHOLAS COMPANY, INC. added1,016,743$39M0.3%2025-Q4 stale
Ardmore Road Asset Management LP added750,000$37M0.3%2025-Q3 stale
Chicago Capital, LLC trimmed420,146$30M0.3%2025-Q2 stale
Migdal Insurance & Financial Holdings Ltd. added400,000$29M0.3%2025-Q2 stale
FERNBRIDGE CAPITAL MANAGEMENT LP new363,775$26M0.2%2025-Q2 stale
Stony Point Capital LLC added463,411$25M0.2%2025-Q1 stale
Local Pensions Partnership Investment Ltd312,500$22M0.2%2025-Q2 stale
Raiffeisen Bank International AG added449,921$22M0.2%2025-Q3 stale
CW Advisors, LLC added298,025$21M0.2%2025-Q2 stale
PEREGRINE CAPITAL MANAGEMENT LLC trimmed539,228$20M0.2%2025-Q4 stale
LAZARD ASSET MANAGEMENT LLC added405,836$20M0.2%2025-Q3 stale
BAMCO INC /NY/ trimmed500,036$19M0.2%2025-Q4 stale
MAPLELANE CAPITAL, LLC added212,000$15M0.1%2025-Q2 stale
FORTE CAPITAL LLC /ADV trimmed208,463$15M0.1%2025-Q2 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