S&P Global

SPGI • NYSE

S&P Global is a financial - data & stock exchanges company in the financial services sector on NYSE, led by Martina L. Cheung, with a market cap of $165.16B. As of Q3 2025, 84% of shares are held by 1,986 institutional investors, with VANGUARD GROUP INC as the largest holder at 9.91%.

CEOMartina L. Cheung

Market Cap$165.16B

Financial - Data & Stock Exchanges

Financial Services

Employees40.5K

Websitespglobal.com

Country

United States of America

Overview

Overview of institutional ownership in SPGI as of Q3 2025 with a market cap of $148.59B

All Institutions

Institutions: 1,986
Value Held: $125.33B
Shares Held: 257.6M
Avg Position: $63.1M
Median Position: $1.3M

Hedge Funds

Hedge Funds: 117
Value Held: $5.8B
Shares Held: 11.9M
Avg Position: $49.5M
Median Position: $4.8M

Ownership Breakdown

Institutional (non-HF)

80.45%

$119.54B

Hedge Funds

3.9%

$5.8B

Retail & Other

15.66%

$23.3B

Based on market cap of $148.59B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in SPGI as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$14.7B 0.22% of portfolio	9.91% 30.3M shares	≤ Q2 2013 Held for 12y 6m+	$6.69T
BlackRock, Inc. Institution	Laurence D. Fink CEO	$12.3B 0.22% of portfolio	8.29% 25.3M shares	≤ Q2 2013 Held for 12y 6m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$6.9B 0.24% of portfolio	4.62% 14.1M shares	≤ Q2 2013 Held for 12y 6m+	$2.88T
T TCI Fund Management Ltd Institution	-	$5.4B 10.33% of portfolio	3.67% 11.2M shares	Q1 2017 Held for 8y 9m	$52.7B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$3.9B 0.24% of portfolio	2.64% 8.1M shares	≤ Q2 2013 Held for 12y 6m+	$1.65T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$3.3B 0.21% of portfolio	2.25% 6.9M shares	≤ Q2 2013 Held for 12y 6m+	$1.57T
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$3.0B 0.53% of portfolio	2.04% 6.2M shares	≤ Q2 2013 Held for 12y 6m+	$571.21B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$2.6B 0.19% of portfolio	1.73% 5.3M shares	≤ Q2 2013 Held for 12y 6m+	$1.33T
FMR LLC Institution	-	$2.0B 0.10% of portfolio	1.35% 4.1M shares	≤ Q2 2013 Held for 12y 6m+	$1.92T
NORTHERN TRUST CORP Institution	Michael G. O'Grady CEO	$1.5B 0.20% of portfolio	1.04% 3.2M shares	≤ Q2 2013 Held for 12y 6m+	$782.03B

Net Capital Flow

Institutional buying and selling activity for SPGI in Q3 2025

Traded: −$994.7M
Buyers: 905
Sellers: 868
Total Bought: +$5.3B
Total Sold: −$6.3B
Avg Position: $59.3M

Biggest Buyers

Institution	Net Bought	Current Position
D DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Institution	+$502.3M +1.0M shares	$1.3B 2.6M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$303.5M +623.5K shares	$326.2M 670.3K shares
M MIZUHO MARKETS AMERICAS LLC Institution	+$289.6M +595.1K shares	$289.9M 595.6K shares
S Squarepoint Ops LLC Hedge Fund•Quant	+$178.5M +366.7K shares	$183.6M 377.1K shares
Holocene Advisors, LP Hedge Fund•Long/Short	+$165.5M +339.9K shares	$372.8M 766.0K shares
J JANE STREET GROUP, LLC Institution	+$165.3M +339.6K shares	$177.3M 364.3K shares
JPMORGAN CHASE & CO Institution	+$151.9M +312.0K shares	$947.4M 1.9M shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	+$133.5M +274.3K shares	$3.0B 6.2M shares
A Assenagon Asset Management S.A. Institution	+$128.7M +264.5K shares	$263.7M 541.8K shares
C Carmignac Gestion Institution	+$123.3M +253.3K shares	$350.7M 720.4K shares

Biggest Sellers

Institution	Net Sold	Current Position
FMR LLC Institution	−$806.9M −1.7M shares	$2.0B 4.1M shares
BlackRock, Inc. Institution	−$580.3M −1.2M shares	$12.3B 25.3M shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	−$449.2M −923.0K shares	$1.1B 2.2M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$325.0M −667.8K shares	$1.3B 2.8M shares
A Amundi Institution	−$275.4M −575.6K shares	$745.8M 1.6M shares
C Capital International Investors Institution	−$240.5M −494.0K shares	$1.0B 2.1M shares
B BNP PARIBAS ARBITRAGE, SA Institution	−$193.9M −398.4K shares	$250.5M 514.8K shares
C Capital World Investors Institution	−$123.8M −254.4K shares	$280.9M 577.1K shares
Intermede Investment Partners Ltd Long Only Manager	−$118.0M −223.8K shares	Sold Off 0 shares
R ROYAL BANK OF CANADA Institution	−$117.3M −240.9K shares	$652.5M 1.3M shares

Entry and Exit Activity

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

New Positions: 60
New Value: $221.1M
Exited Positions: 128
Exited Value: $624.4M

New Positions

Institution	Position Value
A ACTIAM N.V. Institution	$89.4M 183.7K shares
Sone Capital Management, LLC Hedge Fund•Multi-Strategy	$30.3M 62.2K shares
Weiss Asset Management LP Hedge Fund•Multi-Strategy	$29.5M 60.6K shares
P Port Capital LLC Hedge Fund•Value	$23.3M 47.9K shares
Advocacy Wealth Management Services, LLC RIA/Wealth	$12.1M 24.9K shares
Morningstar Investment Management LLC Long Only Manager	$9.1M 18.8K shares
N Nearwater Capital Markets, Ltd Institution	$4.1M 8.4K shares
D L CARLSON INVESTMENT GROUP INC RIA/Wealth	$3.8M 7.8K shares
NORTH STAR ASSET MANAGEMENT INC RIA/Wealth	$3.8M 7.7K shares
Mason Investment Advisory Services, Inc. RIA/Wealth	$2.6M 5.3K shares

Exited Positions

Institution	Previous Position
Intermede Investment Partners Ltd Long Only Manager	$118.0M 223.8K shares
A AXA Institution	$102.5M 194.4K shares
WORLDQUANT MILLENNIUM QUANTITATIVE STRATEGIES LLC Hedge Fund•Multi-Strategy	$73.3M 139.0K shares
A AustralianSuper Pty Ltd Institution	$57.9M 109.8K shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	$50.1M 94.9K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	$44.5M 84.4K shares
G Gillson Capital LP Hedge Fund•Long/Short	$25.0M 47.4K shares
V Varenne Capital Partners Institution	$23.3M 44.1K shares
P Prana Capital Management, LP Hedge Fund•Long/Short	$17.1M 32.4K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$12.8M 24.2K shares

Options Activity

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

Call Positions: 37
Call Value: $822.6M
Put Positions: 35
Put Value: $590.7M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$224.6M 4.6K contracts
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$149.4M 3.1K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$70.0M 1.4K contracts
BANK OF AMERICA CORP /DE/ Institution	$66.0M 1.4K contracts
J JANE STREET GROUP, LLC Institution	$53.3M 1.1K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$44.4M 912.0 contracts
Bowie Capital Management, LLC Hedge Fund•Long/Short	$34.1M 700.0 contracts
W WOLVERINE TRADING, LLC Institution	$32.5M 662.0 contracts
UBS Group AG Institution	$27.0M 554.1 contracts
GOLDMAN SACHS GROUP INC Institution	$23.1M 475.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$207.9M 4.3K contracts
UBS Group AG Institution	$80.4M 1.7K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$68.9M 1.4K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$52.5M 1.1K contracts
J JANE STREET GROUP, LLC Institution	$21.5M 441.0 contracts
CITIGROUP INC Institution	$20.0M 410.0 contracts
Walleye Trading LLC RIA/Wealth	$16.9M 347.0 contracts
CAPSTONE INVESTMENT ADVISORS, LLC Hedge Fund•Multi-Strategy	$16.2M 333.0 contracts
B BNP PARIBAS ARBITRAGE, SA Institution	$12.3M 2.5 contracts
P PEAK6 LLC Institution	$11.4M 235.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
V Valley Forge Advisors, LLC Hedge Fund•Long/Short	Steven Gonedes CFO	20.55% $854.2M	0.57% 1.8M shares	Q4 2016 Held for 9 years	$4.2B
M Milestone Resources Group Ltd Institution	-	14.22% $242.5M	0.16% 498.3K shares	Q3 2020 Held for 5y 3m	$1.7B
A Atalan Capital Partners, LP Hedge Fund•Long/Short	David Randolph Thomas Managing Partner	10.51% $150.5M	0.10% 309.2K shares	Q2 2022 Held for 3y 6m	$1.4B
T TCI Fund Management Ltd Institution	-	10.33% $5.4B	3.67% 11.2M shares	Q1 2017 Held for 8y 9m	$52.7B
L Lionstone Capital Management LLC Fund of Funds	Leon (Nmn) Lowenstein Managing Partner	9.55% $40.9M	0.03% 84.0K shares	Q1 2021 Held for 4y 9m	$427.9M
C Camrose Capital Investment Partners LLP Institution	-	8.89% $38.3M	0.03% 78.7K shares	Q4 2024 Held for 1 year	$430.9M
Laurus Investment Counsel Inc. Long Only Manager	Chris William Page CEO	8.79% $12.8M	0.01% 26.2K shares	Q4 2017 Held for 8 years	$145.2M
R Rothschild & Co Wealth Management UK Ltd Institution	-	8.23% $511.6M	0.34% 1.1M shares	Q1 2018 Held for 7y 9m	$6.2B
A aeris Capital Holding GmbH Institution	-	8.07% $30.8M	0.02% 63.2K shares	Q4 2017 Held for 8 years	$381.2M
Round Hill Asset Management RIA/Wealth	Channing Turner Lushbough President	7.94% $12.3M	0.01% 25.2K shares	Q4 2016 Held for 9 years	$154.6M

Hedge Fund Spotlight

Discover hedge funds investing in SPGI

Fortis Capital Management LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerJames Dickenson Rudolf

Portfolio Value: $710.3M
Positions: 176
Last Reported: Q3 2025

Sector Allocation

Position in S&P Global

Market Value: $826.0K
Shares Held: 1.7K
Portfolio Weight: 0.12%
Owned Since: 2020-Q4

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$161.5M	22.74%
2 SCHX Schwab U.S. Large-Cap ETF SCHX	ETF ETF	$33.3M	4.69%
3 Nvidia NVDA	Semiconductors Technology	$25.5M	3.59%

View full profile

S&P Global

Overview

All Institutions

Hedge Funds

Ownership Breakdown

Biggest Investors

Net Capital Flow

Biggest Buyers

Biggest Sellers

Entry and Exit Activity

New Positions

Exited Positions

Options Activity

Call Positions

Put Positions

Most Committed Institutions

Hedge Fund Spotlight

Position in S&P Global

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