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HomeStocksQTWOInstitutional Holders

QTWO logoQ2 Holdings, Inc. (QTWO) Institutional Ownership

Q2 2026 13F Data|Updated 2026-11-07

✨

Institutional ownership increased this quarter (+5.28 pp), with a relatively well-distributed shareholder base.

Institutional Ownership
Can exceed 100% due to securities lending, short interest, and reporting timing differences.
105.7%$3.1B total value · ▲ +5.28 pp vs prior quarter
Smart Money Score
Based on ownership concentration, fund quality, buying/selling activity, ownership indicators, and institutional trend.
58 / 100Neutral
Institutions & Flow329 holders-18 net flow (+34 / -52)

AI Insights & Key Takeaways

  • Negative Institutional Flow (-18)
  • Millennium Management Llc and Two Sigma Investments, Lp maintain significant positions
  • Top 10 holders control 47.5% of institutional value
  • No Insider Signal

Top Institutional Holders of QTWO

Ranked by reported Q2 2026 13F market value

Top 10 Holders
47.5%
Top 25 Holders
70.5%

Share of total reported institutional value in QTWO held by the largest 10 / 25 filers.

#InstitutionShares HeldMarket ValueQoQ ChangeOwnership %% of Fund
1BlackRock, Inc.10.4M$501.8M+3.9%16.730%0.01%
2VANGUARD PORTFOLIO MANAGEMENT LLC5.0M$239.1M+2.3%7.970%0.01%
3VANGUARD CAPITAL MANAGEMENT LLC2.7M$130.7M+0.7%4.359%

Quarterly Institutional Activity

Filings activity in QTWO during Q2 2026, grouped by how each filer changed its position.

OverviewNew Buyers34Added To185Trimmed104Exited52
  • BlackRock, Inc.$501.8M
  • VANGUARD PORTFOLIO MANAGEMENT LLC$239.1M
  • VANGUARD CAPITAL MANAGEMENT LLC

QTWO Institutional Ownership by Quarter

8 quarters of 13F filings · Δ columns show change vs prior quarter

QuarterInst. HoldersΔ HoldersOwnership %Δ OwnershipTotal 13F ValueΔ Value
Q2 20263295.5%105.68%+5.28 pp$3.09B+6.6%
Q1 2026348+0.3%100.40%6.33 pp$2.90B38%
Q4 2025347+6.1%106.73%0.36 pp$4.65B+0.3%
Q3 2025327+1.9%107.09%+4.79 pp$4.63B18%
Q2 20253210.9%102.30%0.93 pp$5.62B+16%
Q1 2025324

QTWO — Frequently Asked Questions

Quick answers to the most common questions about buying QTWO stock.

What percentage of QTWO is owned by institutions?

Based on Q2 2026 13F filings, institutional ownership of Q2 Holdings, Inc. stands at 105.7%, held across 329 reporting institutions.

Who is the largest institutional holder of QTWO?

BlackRock, Inc. is the largest reported institutional holder of QTWO, with approximately 10,431,842 shares worth $0.50B as of Q2 2026.

Is QTWO a hedge fund favorite?

Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of QTWO, including MILLENNIUM MANAGEMENT LLC, TWO SIGMA INVESTMENTS, LP.

What is QTWO's Smart Money Score?

Our composite Smart Money Score for QTWO is 58 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.

How many institutions bought QTWO this quarter?
0.00%
4STATE STREET CORP2.6M$126.5M+5.4%4.218%0.00%
5TREMBLANT CAPITAL GROUP1.8M$88.6M+8.2%2.954%2.54%
6MILLENNIUM MANAGEMENT LLC1.8M$86.9M+124.1%2.899%0.03%
7NOMURA ASSET MANAGEMENT INTERNATIONAL INC.1.6M$78.6M+32.7%2.620%0.12%
8GEODE CAPITAL MANAGEMENT, LLC1.6M$76.3M+6.6%2.543%0.00%
9Capital Research Global Investors1.5M$71.2M-8.7%2.374%0.01%
10VICTORY CAPITAL MANAGEMENT INC1.4M$68.9M+708.4%2.298%0.04%
11Conestoga Capital Advisors, LLC1.4M$67.0M-21.9%2.234%1.46%
12GOLDMAN SACHS GROUP INC1.3M$62.0M+85.7%2.066%0.01%
13TWO SIGMA INVESTMENTS, LP1.2M$57.9M+15.8%1.929%0.04%
14AMERICAN CENTURY COMPANIES INC1.1M$54.3M+2.0%1.812%0.02%
15ALGEBRIS (UK) LTD1.1M$51.3M+53.9%1.717%3.38%
16FEDERATED HERMES, INC.1.0M$50.4M+11.3%1.679%0.07%
17DIMENSIONAL FUND ADVISORS LP1.0M$48.6M+0.1%1.621%0.01%
18MANUFACTURERS LIFE INSURANCE COMPANY, THE998K$48.0M+42.8%1.600%0.02%
19ARROWSTREET CAPITAL, LIMITED PARTNERSHIP876K$42.1M+69.7%1.405%0.02%
20Tensile Capital Management LP869K$41.8M-2.4%1.393%5.77%
21WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC831K$40.0M+175.0%1.332%0.12%
22BROWN ADVISORY INC824K$39.6M+273.5%1.321%0.06%
23Nuveen, LLC811K$39.0M+23.9%1.300%0.01%
24JENNISON ASSOCIATES LLC801K$38.5M-10.5%1.285%0.02%
25NORTHERN TRUST CORP693K$33.4M+6.4%1.112%0.00%

denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in QTWO — a direct measure of their conviction.

$130.7M
  • STATE STREET CORP$126.5M
  • TREMBLANT CAPITAL GROUP$88.6M
  • MILLENNIUM MANAGEMENT LLC$86.9M
  • NOMURA ASSET MANAGEMENT INTERNATIONAL INC.$78.6M
  • GEODE CAPITAL MANAGEMENT, LLC$76.3M
  • VICTORY CAPITAL MANAGEMENT INC$68.9M
  • GOLDMAN SACHS GROUP INC$62.0M
  • TWO SIGMA INVESTMENTS, LP$57.9M
  • AMERICAN CENTURY COMPANIES INC$54.3M
  • 1.8%
    103.23%
    +0.48 pp
    $4.85B
    17%
    Q4 2024330+15%102.75%0.40 pp$5.87B+24%
    Q3 2024288—103.15%—$4.73B—

    Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.

    34 institutions opened new positions in QTWO during Q2 2026, while 52 fully exited. 185 added to existing positions and 104 trimmed.

    How is institutional ownership of QTWO changing?

    QTWO institutional ownership rose by 5.28 percentage points quarter-over-quarter, with a net change of -19 holders.

    How concentrated is QTWO ownership among the top holders?

    The top 10 institutions account for 47.5% of all reported 13F value in QTWO, and the top 25 account for 70.5%.

    Where does this QTWO institutional ownership data come from?

    All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.

    QTWOQ2 Holdings, Inc.
    $73.92$4.6B
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