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What the big funds walked away from

Which companies did the most funds abandon completely?

What we found

Cutting a position is routine. Closing it entirely is a verdict. These are the companies that the largest number of funds walked away from completely in a single quarter.

Figure

Number of funds that exited completely

AZNN168QR12DAY12SYU112DVAX12FYBR11NGDN11CMA11CDTX111RG11CADE10PCH10THS10PLYM10

Computed live from our database when you loaded this page. Nothing here is hand-typed, so nothing here can go stale.

TickerCompanyFunds exitingValue exited
AZNNASTRAZENECA PLC-SPONS ADR16$5.13bn
8QRCONFLUENT INC-CLASS A12$1.05bn
DAYDAYFORCE INC12$0.69bn
SYU1SYNOVUS FINANCIAL CORP12$0.49bn
DVAXDYNAVAX TECHNOLOGIES CORP12$0.18bn
FYBRFRONTIER COMMUNICATIONS PARE11$0.68bn
NGDNNEW GOLD INC11$0.68bn
CMACOMERICA INC11$0.59bn
CDTXCIDARA THERAPEUTICS INC11$0.49bn
1RGREV GROUP INC11$0.25bn
CADECADENCE BANK10$0.2bn
PCHPOTLATCHDELTIC CORP10$0.19bn
THSTREEHOUSE FOODS INC10$0.17bn
PLYMPLYMOUTH INDUSTRIAL REIT INC10$0.07bn
EB4EVENTBRITE INC-CLASS A10$0.03bn
9HIHILLENBRAND INC9$0.15bn
TGNATEGNA INC9$0.1bn
FUBOGBPFUBOTV INC9$0.07bn
MOFGMIDWESTONE FINANCIAL GROUP I9$0.03bn
UNHUNITEDHEALTH GROUP INC8$2.08bn
VEEVVEEVA SYSTEMS INC-CLASS A8$0.93bn
FISVFISERV INC8$0.64bn
RNAGBPAVIDITY BIOSCIENCES INC8$0.64bn
LPLALPL FINANCIAL HOLDINGS INC8$0.46bn
62CPIPER SANDLER COS8$0.24bn

Live from our database. 25 rows shown.

How we computed it
  • Companies where a fund held a position in Q4 2025 and none at all in Q1 2026.
  • Only companies exited by at least 2 funds are shown.
What this CANNOT tell you
  • A takeover, a delisting or a merger removes a company from every book at once and looks exactly like a mass exit. Several names here will be corporate actions rather than decisions.
  • Selling is far less informative than buying. Funds sell for a dozen reasons and a filing shows none of them.
Citation

Free to quote, chart or republish with attribution. Cite as: SteadyShares, What the big funds walked away from, https://steadyshares.com/research/the-exits. If you are a journalist and want the underlying query or a different cut of the data, ask and we will run it.

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Educational information, not financial advice, and not a recommendation to buy or sell anything. A late regulatory filing is a paperwork failure and nothing more: we make no allegation of wrongdoing against any person named on this page.