Robinhood Markets, Inc.

HOOD • NASDAQ

Robinhood Markets, Inc. is a software - infrastructure company in the technology sector on NASDAQ, led by Vladimir Tenev, with a market cap of $123.26B. As of Q3 2025, 64% of shares are held by 1,263 institutional investors, with VANGUARD GROUP INC as the largest holder at 10.63%.

CEOVladimir Tenev

Market Cap$123.26B

Software - Infrastructure

Technology

Employees2.2K

Websiterobinhood.com

Country

United States of America

Overview

Overview of institutional ownership in HOOD as of Q3 2025 with a market cap of $127.24B

All Institutions

Institutions: 1,263
Value Held: $81.1B
Shares Held: 566.8M
Avg Position: $64.2M
Median Position: $1.4M

Hedge Funds

Hedge Funds: 96
Value Held: $2.9B
Shares Held: 20.5M
Avg Position: $30.5M
Median Position: $5.8M

Ownership Breakdown

Institutional (non-HF)

61.41%

$78.1B

Hedge Funds

2.3%

$2.9B

Retail & Other

36.29%

$46.2B

Based on market cap of $127.24B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in HOOD as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$13.5B 0.20% of portfolio	10.63% 94.4M shares	Q4 2021 Held for 3y 11m	$6.69T
B BlackRock, Inc. Institution	-	$8.5B 0.15% of portfolio	6.69% 59.5M shares	Q3 2021 Held for 4y 2m	$5.67T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$5.0B 0.32% of portfolio	3.93% 34.9M shares	Q3 2021 Held for 4y 2m	$1.56T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$4.6B 0.16% of portfolio	3.63% 32.2M shares	Q4 2021 Held for 3y 11m	$2.88T
FMR LLC Institution	-	$4.5B 0.23% of portfolio	3.52% 31.2M shares	Q4 2021 Held for 3y 11m	$1.92T
N Newlands Management Operations LLC Institution	-	$3.5B 16.41% of portfolio	2.72% 24.2M shares	Q4 2022 Held for 2y 11m	$21.1B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$3.0B 0.19% of portfolio	2.34% 20.8M shares	Q3 2021 Held for 4y 2m	$1.57T
I Index Venture Associates VI Ltd Institution	-	$1.9B 38.39% of portfolio	1.47% 13.0M shares	Q3 2021 Held for 4y 2m	$4.9B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$1.2B 0.07% of portfolio	0.97% 8.6M shares	Q3 2021 Held for 4y 2m	$1.65T
WCM INVESTMENT MANAGEMENT/CA Long Only Manager	Mike Brady Trigg CEO	$1.2B 2.46% of portfolio	0.97% 8.6M shares	Q1 2025 Held for 8 months	$48.1B

Net Capital Flow

Institutional buying and selling activity for HOOD in Q3 2025

Net Flow: +$4.0B
Buyers: 490
Sellers: 465
Total Bought: +$14.5B
Total Sold: −$10.5B
Avg Position: $76.1M

Biggest Buyers

Institution	Net Bought	Current Position
VANGUARD GROUP INC Institution	+$2.7B +18.8M shares	$13.5B 94.4M shares
STATE STREET CORP Institution	+$2.3B +16.4M shares	$4.6B 32.2M shares
B BlackRock, Inc. Institution	+$2.3B +16.2M shares	$8.5B 59.5M shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	+$1.1B +7.6M shares	$3.0B 20.8M shares
GOLDMAN SACHS GROUP INC Institution	+$353.4M +2.5M shares	$613.6M 4.3M shares
D D. E. Shaw & Co., Inc. Institution	+$347.0M +2.4M shares	$604.5M 4.2M shares
BANK OF AMERICA CORP /DE/ Institution	+$302.7M +2.1M shares	$1.0B 7.1M shares
NORTHERN TRUST CORP Institution	+$288.1M +2.0M shares	$881.6M 6.2M shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	+$239.8M +1.7M shares	$271.9M 1.9M shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$200.8M +1.4M shares	$757.1M 5.3M shares

Biggest Sellers

Institution	Net Sold	Current Position
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$1.4B −9.5M shares	$286.7M 2.0M shares
FMR LLC Institution	−$1.1B −7.6M shares	$4.5B 31.2M shares
WCM INVESTMENT MANAGEMENT/CA Long Only Manager	−$398.3M −2.9M shares	$1.2B 8.6M shares
ARK Investment Management LLC ETF Provider	−$396.4M −2.8M shares	$718.3M 5.0M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$386.0M −2.7M shares	$50.4M 352.3K shares
A AGF MANAGEMENT LTD Institution	−$382.3M −2.7M shares	$258.2M 1.8M shares
S Sumitomo Mitsui Trust Holdings, Inc. Institution	−$344.3M −2.4M shares	$1.0B 7.1M shares
Nikko Asset Management Americas, Inc. Long Only Manager	−$341.0M −2.4M shares	$769.8M 5.4M shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	−$313.5M −2.2M shares	$114.2M 797.6K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	−$297.4M −2.1M shares	$34.0M 237.8K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited HOOD in Q3 2025

New Positions: 270
New Value: $1.3B
Exited Positions: 101
Exited Value: $1.0B

New Positions

Institution	Position Value
JENNISON ASSOCIATES LLC Long Only Manager	$322.8M 2.3M shares
I Investec Asset Management LTD Long Only Manager	$152.7M 1.1M shares
A ADAGE CAPITAL PARTNERS GP LLC Institution	$100.8M 703.8K shares
A AustralianSuper Pty Ltd Institution	$86.1M 601.7K shares
N NEW YORK STATE TEACHERS RETIREMENT SYSTEM Institution	$82.8M 578.5K shares
Chevy Chase Trust Holdings, Inc. RIA/Wealth	$56.6M 395.1K shares
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. Long Only Manager	$37.8M 264.1K shares
S STATE TREASURER STATE OF MICHIGAN Institution	$30.0M 209.3K shares
C Czech National Bank Institution	$27.6M 192.5K shares
R Retirement Systems of Alabama Institution	$23.6M 165.1K shares

Exited Positions

Institution	Previous Position
Castle Hook Partners LP Hedge Fund•Global Macro	$246.1M 2.6M shares
H HRT FINANCIAL LLC Institution	$191.2M 2.0M shares
R Railway Pension Investments Ltd Institution	$99.1M 1.1M shares
Spyglass Capital Management LLC Long Only Manager	$85.8M 916.6K shares
Q Qube Research & Technologies Ltd Institution	$76.0M 811.5K shares
S Southpoint Capital Advisors LP Hedge Fund•Long/Short	$70.2M 750.0K shares
E Evergreen Quality Fund GP, Ltd. Institution	$34.4M 367.4K shares
CenterBook Partners LP Hedge Fund•Market Neutral	$19.8M 211.2K shares
M Monolith Management Ltd Institution	$16.4M 174.7K shares
A AXA Institution	$14.4M 153.7K shares

Options Activity

Institutions with the largest Call and Put options positions in HOOD as of Q3 2025

Call Positions: 81
Call Value: $13.1B
Put Positions: 78
Put Value: $9.5B

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$4.1B 287.1K contracts
J JANE STREET GROUP, LLC Institution	$2.5B 177.0K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$2.5B 172.8K contracts
T Toroso Investments, LLC ETF Provider	$525.9M 36.7K contracts
D D. E. Shaw & Co., Inc. Institution	$446.4M 31.2K contracts
W WOLVERINE TRADING, LLC Institution	$424.9M 31.1K contracts
Walleye Trading LLC RIA/Wealth	$391.3M 27.3K contracts
P PEAK6 LLC Institution	$283.2M 19.8K contracts
Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy	$270.5M 18.9K contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$253.3M 17.7K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$2.6B 185.1K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.9B 131.1K contracts
J JANE STREET GROUP, LLC Institution	$1.3B 91.8K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$607.6M 42.4K contracts
Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy	$229.1M 16.0K contracts
D D. E. Shaw & Co., Inc. Institution	$222.7M 15.6K contracts
C CANTOR FITZGERALD, L. P. Institution	$221.9M 15.5K contracts
T Toroso Investments, LLC ETF Provider	$217.4M 15.2K contracts
BANK OF AMERICA CORP /DE/ Institution	$204.8M 14.3K contracts
W WOLVERINE TRADING, LLC Institution	$191.9M 14.0K contracts

Most Committed Institutions

Institutions with HOOD as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
I Index Venture Growth Associates III Ltd Institution	-	97.30% $269.4M	0.21% 1.9M shares	Q4 2021 Held for 3y 11m	$276.9M
I Index Venture Associates VI Ltd Institution	-	38.39% $1.9B	1.47% 13.0M shares	Q3 2021 Held for 4y 2m	$4.9B
Steadview Capital Management LLC Hedge Fund•Long/Short	Ravi A Mehta Managing Partner	32.16% $224.4M	0.18% 1.6M shares	Q4 2024 Held for 11 months	$697.7M
N Napean Trading & Investment Co PTE Ltd Institution	-	29.23% $150.3M	0.12% 1.0M shares	Q4 2023 Held for 1y 11m	$514.3M
Paradigm Operations LP Digital Asset Manager	Frederick Ernest Ehrsam Founder	25.33% $472.5M	0.37% 3.3M shares	Q2 2025 Held for 5 months	$1.9B
R Ribbit Management Company, LLC Institution	-	22.17% $464.4M	0.36% 3.2M shares	Q4 2023 Held for 1y 11m	$2.1B
Gator Capital Management, LLC Hedge Fund•Long/Short	Derek Steven Pilecki CIO	19.65% $76.6M	0.06% 535.2K shares	Q4 2023 Held for 1y 11m	$390.0M
N Newlands Management Operations LLC Institution	-	16.41% $3.5B	2.72% 24.2M shares	Q4 2022 Held for 2y 11m	$21.1B
A AlpInvest Partners B.V. Private Equity	Patrick Frederick Ferdinand De Van Der Schueren Director	16.15% $6.4M	0.01% 44.9K shares	Q2 2023 Held for 2y 5m	$39.8M
a16z Perennial Management, L.P. Fund of Funds	David Allan Carpenter Managing Partner	14.03% $88.6M	0.07% 618.9K shares	Q3 2025 Held for 2 months	$631.8M

Hedge Fund Spotlight

Discover hedge funds investing in HOOD

TradeLink Capital LLC

Hedge Fund • Event Driven

Portfolio ManagerSteven Wesley Wolf

Portfolio Value: $12.0M
Positions: 29
Last Reported: Q3 2025

Sector Allocation

Position in Robinhood Markets, Inc.

Market Value: $1.2M
Shares Held: 8.2K
Portfolio Weight: 9.71%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Robinhood Markets, Inc. HOOD	Software - Infrastructure Technology	$1.2M	9.71%
2 John Wiley & Sons, Inc. WLY	Publishing Communication Services	$959.3K	7.97%
3 Middleby MIDD	Industrial - Machinery Industrials	$847.0K	7.04%