What institutions actually sold last quarter
Measured in shares, which positions were genuinely cut?
Real selling, measured in share count. Some of the names here reported a RISE in market value last quarter, because the price climbed faster than the funds could get out.
We could not reach the database to compute this study just now. The figures below are therefore missing, rather than zero. We would rather show you an honest gap than a confident blank.
- Change in total shares held across all 105 funds, Q4 2025 to Q1 2026, ranked by the largest percentage reduction.
- Restricted to positions still worth over $2bn, so this is real money being cut and not a rounding error.
- Selling is far less informative than buying. A fund sells to meet redemptions, to rebalance, to fund a better idea, or because it changed its mind, and a 13F cannot tell you which.
- Long US equity only, filed up to 45 days after the quarter.
Free to quote, chart or republish with attribution. Cite as: SteadyShares, What institutions actually sold last quarter, https://steadyshares.com/research/what-institutions-actually-sold. 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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