HubSpot

HUBS • NYSE

HubSpot is a software - application company in the technology sector on NYSE, led by Yamini Rangan, with a market cap of $19.8B. As of Q3 2025, 87% of shares are held by 748 institutional investors, with VANGUARD GROUP INC as the largest holder at 10.89%.

Chief Executive Officer and PresidentYamini Rangan

Market Cap$19.8B

Software - Application

Technology

Employees7.8K

Websitehubspot.com

Country

United States of America

Overview

Overview of institutional ownership in HUBS as of Q3 2025 with a market cap of $24.6B

All Institutions

Institutions: 748
Value Held: $21.5B
Shares Held: 46.2M
Avg Position: $28.8M
Median Position: $894.8K

Hedge Funds

Hedge Funds: 74
Value Held: $2.5B
Shares Held: 5.4M
Avg Position: $34.1M
Median Position: $6.2M

Ownership Breakdown

Institutional (non-HF)

77.16%

$19.0B

Hedge Funds

10.24%

$2.5B

Retail & Other

12.6%

$3.1B

Based on market cap of $24.6B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in HUBS as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$2.7B 0.04% of portfolio	10.89% 5.7M shares	Q4 2014 Held for 10y 11m	$6.69T
B BlackRock, Inc. Institution	-	$1.9B 0.03% of portfolio	7.53% 4.0M shares	Q2 2015 Held for 10y 5m	$5.67T
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$1.6B 0.17% of portfolio	6.37% 3.4M shares	Q4 2014 Held for 10y 11m	$912.31B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$964.7M 0.06% of portfolio	3.91% 2.1M shares	Q4 2014 Held for 10y 11m	$1.56T
FMR LLC Institution	-	$767.8M 0.04% of portfolio	3.11% 1.6M shares	Q4 2014 Held for 10y 11m	$1.92T
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Edmund Wellington Iii President	$683.7M 0.12% of portfolio	2.77% 1.5M shares	Q4 2014 Held for 10y 11m	$571.21B
Pictet Asset Management Holding SA Long Only Manager	Elizabeth Retta Dillon CEO	$683.2M 0.66% of portfolio	2.77% 1.5M shares	Q3 2023 Held for 2y 2m	$103.68B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$537.5M 0.02% of portfolio	2.18% 1.1M shares	Q4 2014 Held for 10y 11m	$2.88T
HENDERSON GROUP PLC Institution	Ali Dibadj CEO	$536.6M 0.25% of portfolio	2.18% 1.1M shares	Q3 2020 Held for 5y 2m	$218.74B
FRANKLIN RESOURCES INC Institution	Gregory E. Johnson CEO	$506.8M 0.13% of portfolio	2.06% 1.1M shares	Q4 2014 Held for 10y 11m	$395.56B

Net Capital Flow

Institutional buying and selling activity for HUBS in Q3 2025

Net Flow: −$771.1M
Buyers: 303
Sellers: 370
Total Bought: +$2.8B
Total Sold: −$3.5B
Avg Position: $27.3M

Biggest Buyers

Institution	Net Bought	Current Position
Pictet Asset Management Holding SA Long Only Manager	+$418.0M +892.6K shares	$683.2M 1.5M shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$213.8M +457.0K shares	$224.3M 479.5K shares
B BlackRock, Inc. Institution	+$162.7M +347.9K shares	$1.9B 4.0M shares
VANGUARD GROUP INC Institution	+$161.6M +345.5K shares	$2.7B 5.7M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$157.1M +335.9K shares	$250.5M 535.5K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$120.5M +257.6K shares	$255.6M 546.4K shares
HENDERSON GROUP PLC Institution	+$81.3M +173.8K shares	$536.6M 1.1M shares
A Amundi Institution	+$76.6M +165.3K shares	$209.7M 452.3K shares
M Man Group plc Institution	+$76.5M +163.5K shares	$193.0M 412.6K shares
E Employees Retirement System of Texas Institution	+$65.9M +140.8K shares	$66.4M 141.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
JPMORGAN CHASE & CO Institution	−$706.9M −1.5M shares	$964.7M 2.1M shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	−$365.9M −782.2K shares	$1.6B 3.4M shares
FMR LLC Institution	−$314.5M −672.4K shares	$767.8M 1.6M shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	−$272.0M −581.4K shares	$41.1M 87.8K shares
JENNISON ASSOCIATES LLC Long Only Manager	−$174.7M −373.4K shares	$197.1M 421.3K shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	−$171.8M −367.3K shares	$683.7M 1.5M shares
Durable Capital Partners LP Hedge Fund•Long/Short	−$128.1M −273.8K shares	$152.8M 326.7K shares
FRANKLIN RESOURCES INC Institution	−$99.9M −213.6K shares	$506.8M 1.1M shares
Clearbridge Investments, LLC Long Only Manager	−$84.5M −180.6K shares	$305.1M 652.1K shares
Invesco Ltd. ETF Provider	−$82.1M −175.6K shares	$60.7M 129.8K shares

Entry and Exit Activity

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

New Positions: 56
New Value: $118.4M
Exited Positions: 115
Exited Value: $302.1M

New Positions

Institution	Position Value
R RDST Capital LLC Hedge Fund•Long/Short	$56.8M 121.5K shares
Jain Global LLC Hedge Fund•Multi-Strategy	$20.5M 43.8K shares
T TIAA TRUST, NATIONAL ASSOCIATION Institution	$15.1M 32.2K shares
IMC-Chicago, LLC RIA/Wealth	$4.7M 10.1K shares
D Delta Global Management LP Hedge Fund•Market Neutral	$2.3M 4.8K shares
SANDERS MORRIS HARRIS INC. Long Only Manager	$2.1M 4.5K shares
T Triasima Portfolio Management inc. Long Only Manager	$2.1M 4.4K shares
M Millington Financial Advisors, LLC RIA/Wealth	$1.8M 4.1K shares
F FACTORY MUTUAL INSURANCE CO Institution	$1.6M 3.5K shares
Legacy Capital Group California, Inc. RIA/Wealth	$912.7K 2.0K shares

Exited Positions

Institution	Previous Position
C Capital International Investors Institution	$62.2M 111.8K shares
LORD, ABBETT & CO. LLC Long Only Manager	$50.0M 89.9K shares
Baird Financial Group, Inc. Private Equity	$35.1M 63.0K shares
Aquatic Capital Management LLC Hedge Fund•Quant	$19.9M 35.8K shares
PRIMECAP MANAGEMENT CO/CA/ Long Only Manager	$17.9M 32.2K shares
Polar Capital Holdings Plc Long Only Manager	$12.3M 22.1K shares
Susquehanna Portfolio Strategies, LLC Private Equity	$11.9M 21.3K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$10.7M 19.2K shares
A AXA Institution	$7.2M 12.9K shares
Symphony Financial, Ltd. Co. RIA/Wealth	$6.5M 11.7K shares

Options Activity

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

Call Positions: 26
Call Value: $343.7M
Put Positions: 25
Put Value: $287.8M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$92.8M 2.0K contracts
P PEAK6 LLC Institution	$60.7M 1.3K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$48.9M 1.0K contracts
Walleye Trading LLC RIA/Wealth	$33.3M 712.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$19.2M 411.0 contracts
W WOLVERINE TRADING, LLC Institution	$17.7M 340.0 contracts
A ADAPT Investment Managers SA Institution	$11.7M 250.0 contracts
J JANE STREET GROUP, LLC Institution	$10.8M 231.0 contracts
D D. E. Shaw & Co., Inc. Institution	$10.5M 224.0 contracts
SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC Hedge Fund•Long/Short	$9.4M 200.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$53.7M 1.1K contracts
UBS Group AG Institution	$45.0M 961.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$43.3M 926.0 contracts
D D. E. Shaw & Co., Inc. Institution	$26.5M 566.0 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$20.3M 433.0 contracts
J JANE STREET GROUP, LLC Institution	$15.8M 337.0 contracts
W WOLVERINE TRADING, LLC Institution	$15.7M 302.0 contracts
A ADAPT Investment Managers SA Institution	$14.0M 300.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$13.5M 288.0 contracts
Walleye Trading LLC RIA/Wealth	$13.1M 279.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
NDVR, Inc. RIA/Wealth	Amber Dawn Baker CCO	10.16% $12.2M	0.05% 26.0K shares	Q4 2023 Held for 1y 11m	$120.0M
Spyglass Capital Management LLC Long Only Manager	James Andrew Robillard President	5.62% $105.4M	0.43% 225.2K shares	Q4 2023 Held for 1y 11m	$1.9B
R RDST Capital LLC Hedge Fund•Long/Short	Brian David Pirie Managing Partner	5.26% $56.8M	0.23% 121.5K shares	Q3 2025 Held for 2 months	$1.1B
CADIAN CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short	Conor O'Brien CFO	3.76% $63.3M	0.26% 135.3K shares	Q2 2022 Held for 3y 5m	$1.7B
SUNRISE PARTNERS LIMITED PARTNERSHIP /CT Hedge Fund•Multi-Strategy	Ravi Mohan Singh CEO	3.13% $6.3M	0.03% 13.5K shares	Q3 2024 Held for 1y 2m	$202.2M
Evolutionary Tree Capital Management, LLC Long Only Manager	Thomas Merrill Ricketts CEO	2.98% $2.7M	0.01% 5.8K shares	Q4 2020 Held for 4y 11m	$91.7M
Atreides Management, LP Hedge Fund•Long/Short	Gavin Seth Baker CIO	2.96% $113.9M	0.46% 243.4K shares	Q3 2025 Held for 2 months	$3.8B
A ADAPT Investment Managers SA Institution	-	2.63% $12.5M	0.05% 26.7K shares	Q2 2025 Held for 5 months	$475.4M
DIKER MANAGEMENT LLC RIA/Wealth	Lawrence Howard Levy Managing Partner	2.27% $2.8M	0.01% 6.0K shares	Q4 2021 Held for 3y 11m	$123.8M
G Generali Investments Towarzystwo Funduszy Inwestycyjnych Institution	-	2.23% $4.2M	0.02% 9.0K shares	Q1 2022 Held for 3y 8m	$188.7M

Hedge Fund Spotlight

Discover hedge funds investing in HUBS

CenterBook Partners LP

Hedge Fund • Market Neutral

Portfolio ManagerDavid Israel Stemerman

Portfolio Value: $2.0B
Positions: 545
Last Reported: Q3 2025

Sector Allocation

Position in HubSpot

Market Value: $708.2K
Shares Held: 1.5K
Portfolio Weight: 0.03%
Owned Since: 2025-Q1

Top Holding	Sector	Market Value	Weight
1 Amazon AMZN	Specialty Retail Consumer Cyclical	$40.2M	1.99%
2 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$35.3M	1.74%
3 Visa V	Financial - Credit Services Financial Services	$34.0M	1.68%