HUBS
HubSpot, Inc. · Technology · Software - Application
Momentum inputs (comparable managers):
holder breadth -5.0% ·
share flow -1.1% ·
net new positions -5.3%
— formula
Broad distribution — falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 150 | -6 | 38.92M | $7.11B | +8 | −13 |
| Q1 2026 | 158 | +1 | 39.74M | $9.69B | +9 | −9 |
| Q4 2025 | 156 | -2 | 40.05M | $16.07B | +2 | −3 |
| Q3 2025 | 23 | +2 | 25.59M | $11.97B | +3 | −2 |
| Q2 2025 | 19 | -1 | 21.24M | $11.82B | +1 | −2 |
| Q1 2025 | 17 | -1 | 10.16M | $5.80B | +1 | −2 |
| Q4 2024 | 18 | +2 | 9.92M | $6.91B | +3 | −1 |
| Q3 2024 | 15 | -1 | 8.51M | $4.52B | — | −1 |
| Q2 2024 | 16 | — | 6.06M | $3.57B | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | The Vanguard Group ✦ (passive) | 5.39M | — | $3.00B | 0.0% | n/c | 1 | SEC ↗ ×5 |
| 2 | T. Rowe Price ✦ | 4.14M | -15.7% | $2.30B | 0.3% | ▼ Trim | 5 | SEC ↗ ×2 |
| 3 | BlackRock ✦ (passive) | 3.62M | — | $2.02B | 0.0% | n/c | 1 | SEC ↗ ×21 |
| 4 | Fidelity (FMR) ✦ | 2.31M | — | $1.29B | 0.1% | n/c | 1 | SEC ↗ ×6 |
| 5 | Wellington Management ✦ | 1.83M | +27.6% | $1.02B | 0.2% | ▲ Add | 5 | SEC ↗ ×8 |
| 6 | State Street Global Advisors ✦ (passive) | 1.13M | +2.6% | $627.62M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 7 | Geode Capital Management ✦ (passive) | 925.94K | +4.3% | $513.89M | 0.0% | ▲ Add | 5 | SEC ↗ ×2 |
| 8 | Norges Bank ✦ (passive) | 484.96K | +1.7% | $269.94M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 9 | Two Sigma Investments ✦ | 411.12K | +78.0% | $228.84M | 0.4% | ▲ Add | 5 | SEC ↗ |
| 10 | AQR Capital Management ✦ | 288.86K | -15.5% | $160.79M | 0.1% | ▼ Trim | 5 | SEC ↗ ×6 |
| 11 | Millennium Management ✦ | 199.59K | +198.2% | $111.10M | 0.1% | ▲ Add | 5 | SEC ↗ |
| 12 | Arrowstreet Capital ✦ | 158.24K | +1.4% | $88.08M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 13 | Citadel Advisors ✦ | 103.24K | +842.1% | $57.47M | 0.1% | ▲ Add | 5 | SEC ↗ ×2 |
| 14 | D. E. Shaw & Co. ✦ | 101.48K | +115.8% | $56.49M | 0.1% | ▲ Add | 5 | SEC ↗ ×3 |
| 15 | Fisher Asset Management ✦ | 51.48K | -8.7% | $28.65M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 16 | Renaissance Technologies ✦ | 41.00K | +3627.3% | $22.82M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 17 | PRIMECAP Management ✦ | 32.15K | -28.6% | $17.90M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 18 | Bridgewater Associates ✦ | 18.05K | New | $10.05M | 0.0% | New | 1 | SEC ↗ |
| 19 | Marshall Wace ✦ | 1.32K | -98.9% | $732,526 | 0.0% | ▼ Trim | 5 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Bridgewater Associates | $10.05M | 0.0% |
Exited
| Point72 Asset Management | $136.76M | was 0.4% |
| Soros Fund Management | $18.64M | was 0.5% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 673 holders, 46.40M shares, $9.99B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.
Open-market purchases (P)
Director · 925 sh @ 215.93 · $199,735
Open-market sales (S)
Director · 8.50K sh · $2.09M
Director · 8.50K sh · $1.87M
Awards, exercises and tax withholding are never counted as buys or sales here. Methodology