TPG Inc.

TPG • NASDAQ

TPG Inc. is a asset management company in the financial services sector on NASDAQ, led by Jon Winkelried, with a market cap of $9.3B. As of Q3 2025, 86% of shares are held by 311 institutional investors, with VANGUARD GROUP INC as the largest holder at 8.39%.

Chief Executive OfficerJon Winkelried

Market Cap$9.3B

Asset Management

Financial Services

Employees1.9K

Websitetpg.com

Country

United States of America

Overview

Overview of institutional ownership in TPG as of Q3 2025 with a market cap of $8.5B

All Institutions

Institutions: 311
Value Held: $7.3B
Shares Held: 127.8M
Avg Position: $23.5M
Median Position: $630.5K

Hedge Funds

Hedge Funds: 37
Value Held: $962.4M
Shares Held: 16.8M
Avg Position: $26.0M
Median Position: $2.1M

Ownership Breakdown

Institutional (non-HF)

74.72%

$6.3B

Hedge Funds

11.35%

$962.4M

Retail & Other

13.93%

$1.2B

Based on market cap of $8.5B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in TPG as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$711.6M 0.01% of portfolio	8.39% 12.4M shares	Q1 2022 Held for 3y 8m	$6.69T
C Capital International Investors Institution	-	$671.2M 0.11% of portfolio	7.91% 11.7M shares	Q1 2022 Held for 3y 8m	$615.90B
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Edmund Wellington Iii President	$597.5M 0.10% of portfolio	7.04% 10.4M shares	Q1 2024 Held for 1y 8m	$571.21B
B BlackRock, Inc. Institution	-	$558.8M 0.01% of portfolio	6.59% 9.7M shares	Q1 2022 Held for 3y 8m	$5.67T
T TEMASEK HOLDINGS LTD Institution	-	$505.7M 1.78% of portfolio	5.96% 8.8M shares	Q1 2022 Held for 3y 8m	$28.3B
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	Edward Murray Maloney CEO	$296.7M 0.09% of portfolio	3.50% 5.2M shares	Q1 2022 Held for 3y 8m	$322.72B
DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP Hedge Fund•Value	Mina Fahmy Iskander CFO	$283.2M 9.56% of portfolio	3.34% 4.9M shares	Q2 2025 Held for 5 months	$3.0B
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$239.2M 0.03% of portfolio	2.82% 4.2M shares	Q2 2023 Held for 2y 5m	$912.31B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$220.7M 0.01% of portfolio	2.60% 3.8M shares	Q1 2022 Held for 3y 8m	$1.57T
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$215.3M 0.13% of portfolio	2.54% 3.7M shares	Q3 2024 Held for 1y 2m	$161.58B

Net Capital Flow

Institutional buying and selling activity for TPG in Q3 2025

Net Flow: +$12.1M
Buyers: 132
Sellers: 100
Total Bought: +$626.2M
Total Sold: −$614.1M
Avg Position: $25.9M

Biggest Buyers

Institution	Net Bought	Current Position
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	+$86.4M +1.5M shares	$86.4M 1.5M shares
BANK OF AMERICA CORP /DE/ Institution	+$86.3M +1.5M shares	$205.0M 3.6M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$51.3M +893.1K shares	$149.0M 2.6M shares
G Gillson Capital LP Hedge Fund•Long/Short	+$41.5M +722.2K shares	$41.5M 722.2K shares
Point72 Europe LLP Digital Asset Manager	+$31.3M +545.2K shares	$33.8M 588.1K shares
FIRST TRUST ADVISORS LP ETF Provider	+$31.1M +541.3K shares	$43.0M 747.9K shares
FRANKLIN RESOURCES INC Institution	+$24.4M +425.2K shares	$153.5M 2.7M shares
C Capital International Investors Institution	+$22.5M +392.3K shares	$671.2M 11.7M shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	+$21.1M +368.1K shares	$74.3M 1.3M shares
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	+$18.5M +321.5K shares	$19.3M 336.3K shares

Biggest Sellers

Institution	Net Sold	Current Position
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$218.3M −3.8M shares	$157.8M 2.7M shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	−$166.7M −2.9M shares	$597.5M 10.4M shares
GOLDMAN SACHS GROUP INC Institution	−$25.4M −441.9K shares	$15.3M 266.9K shares
T TEMASEK HOLDINGS LTD Institution	−$23.0M −400.0K shares	$505.7M 8.8M shares
MORGAN STANLEY RIA/Wealth	−$22.0M −382.6K shares	$111.6M 1.9M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$21.0M −366.1K shares	$16.6M 288.2K shares
B BlackRock, Inc. Institution	−$19.6M −340.6K shares	$558.8M 9.7M shares
Burkehill Global Management, LP Hedge Fund•Event Driven	−$13.1M −250.0K shares	Sold Off 0 shares
R ROYAL BANK OF CANADA Institution	−$9.7M −168.1K shares	$23.5M 408.8K shares
TimesSquare Capital Management, LLC Long Only Manager	−$9.4M −164.1K shares	$98.0M 1.7M shares

Entry and Exit Activity

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

New Positions: 43
New Value: $73.2M
Exited Positions: 28
Exited Value: $30.6M

New Positions

Institution	Position Value
P PICTON MAHONEY ASSET MANAGEMENT Institution	$24.3M 423.6K shares
Fortress Investment Group LLC RIA/Wealth	$17.2M 298.8K shares
P Philadelphia Financial Management of San Francisco, LLC Hedge Fund•Sector	$9.1M 159.0K shares
C CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM Institution	$8.9M 155.5K shares
A Assenagon Asset Management S.A. Institution	$4.1M 72.1K shares
Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy	$2.1M 35.8K shares
LOS ANGELES CAPITAL MANAGEMENT & EQUITY RESEARCH INC Long Only Manager	$1.6M 27.4K shares
N Northwest & Ethical Investments L.P. Institution	$1.4M 24.5K shares
Epoch Investment Partners, Inc. Long Only Manager	$683.3K 11.9K shares
N Neo Ivy Capital Management Hedge Fund•Quant	$640.5K 11.1K shares

Exited Positions

Institution	Previous Position
Burkehill Global Management, LP Hedge Fund•Event Driven	$13.1M 250.0K shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	$4.3M 81.5K shares
Walleye Trading LLC RIA/Wealth	$2.8M 53.9K shares
T TWINBEECH CAPITAL LP Hedge Fund•Quant	$2.3M 44.2K shares
D Dynamic Technology Lab Private Ltd Institution	$1.4M 26.8K shares
C Capital Group Private Client Services, Inc. RIA/Wealth	$1.1M 21.1K shares
T TWO SIGMA SECURITIES, LLC Institution	$1.0M 19.7K shares
A AXQ CAPITAL, LP Hedge Fund•Market Neutral	$915.2K 17.4K shares
Engineers Gate Manager LP Hedge Fund•Quant	$630.7K 12.0K shares
Steel Peak Wealth Management LLC RIA/Wealth	$577.0K 11.0K shares

Options Activity

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

Call Positions: 12
Call Value: $73.6M
Put Positions: 11
Put Value: $45.4M

Call Positions

Institution	Position Value
Walleye Trading LLC RIA/Wealth	$31.2M 5.4K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$18.1M 3.1K contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$9.0M 1.6K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$8.5M 1.5K contracts
J JANE STREET GROUP, LLC Institution	$5.9M 1.0K contracts
UBS Group AG Institution	$605.6K 105.4 contracts
W WOLVERINE TRADING, LLC Institution	$200.3K 34.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$143.6K 25.0 contracts
SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC Hedge Fund•Long/Short	- - contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	- - contracts

Put Positions

Institution	Position Value
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$36.4M 6.3K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$4.3M 749.0 contracts
J JANE STREET GROUP, LLC Institution	$2.3M 394.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.0M 179.0 contracts
Walleye Trading LLC RIA/Wealth	$1.0M 176.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$327.5K 57.0 contracts
T TEMASEK HOLDINGS LTD Institution	- - contracts
S SYMMETRY PEAK MANAGEMENT LLC Institution	- - contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	- - contracts
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage	- - contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
G Grafton Street Partners Fund, LP Private Equity	Scott Charles Malpass Founder	12.87% $23.9M	0.28% 415.7K shares	Q4 2023 Held for 1y 11m	$185.6M
DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP Hedge Fund•Value	Mina Fahmy Iskander CFO	9.56% $283.2M	3.34% 4.9M shares	Q2 2025 Held for 5 months	$3.0B
L Longaeva Partners L.P. Institution	-	4.74% $22.1M	0.26% 385.4K shares	Q2 2025 Held for 5 months	$467.6M
G Gillson Capital LP Hedge Fund•Long/Short	Daniel Bartlett Johnson Founder	3.59% $41.5M	0.49% 722.2K shares	Q4 2024 Held for 11 months	$1.2B
MEKETA INVESTMENT GROUP INC /ADV Fund of Funds	Peter Scott Woolley CEO	2.82% $860.6K	0.01% 15.0K shares	Q4 2024 Held for 11 months	$30.5M
South Street Advisors LLC RIA/Wealth	Thomas Carhart Managing Partner	2.65% $20.2M	0.24% 351.3K shares	Q1 2023 Held for 2y 8m	$763.0M
MSA Advisors, LLC Family Office	Paul David Wachter CEO	2.43% $9.7M	0.11% 169.5K shares	Q4 2023 Held for 1y 11m	$400.2M
Fortress Investment Group LLC RIA/Wealth	Yves M Balcer Founder	2.33% $17.2M	0.20% 298.8K shares	Q3 2025 Held for 2 months	$737.1M
Vulcan Value Partners, LLC Long Only Manager	Jeffrey Thomas Stdenis CEO	2.04% $112.3M	1.33% 2.0M shares	Q1 2025 Held for 8 months	$5.5B
Point72 Europe LLP Digital Asset Manager	Jasleen Kaur Bains CCO	1.84% $33.8M	0.40% 588.1K shares	Q4 2023 Held for 1y 11m	$1.8B

Hedge Fund Spotlight

Discover hedge funds investing in TPG

Gillson Capital LP

Hedge Fund • Long/Short

Portfolio ManagerDaniel Bartlett Johnson

Portfolio Value: $1.2B
Positions: 66
Last Reported: Q3 2025

Sector Allocation

Position in TPG Inc.

Market Value: $41.5M
Shares Held: 722.2K
Portfolio Weight: 3.59%
Owned Since: 2024-Q4

Top Holding	Sector	Market Value	Weight
1 Moody's MCO	Financial - Data & Stock Exchanges Financial Services	$54.2M	4.69%
2 Assurant AIZ	Insurance - Specialty Financial Services	$52.0M	4.50%
3 Cboe Global Markets CBOE	Financial - Data & Stock Exchanges Financial Services	$50.7M	4.39%