TPG INC TPG
COM CL A · Common Stock · CUSIP 872657101 · ISIN US8726571016
American investment company
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($7.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $40.21. Options: 14 managers hold calls ($25.9m notional), 12 hold puts ($165.1m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 94 |
| Q4 2022 | 109 |
| Q1 2023 | 112 |
| Q2 2023 | 125 |
| Q3 2023 | 121 |
| Q4 2023 | 168 |
| Q1 2024 | 194 |
| Q2 2024 | 203 |
| Q3 2024 | 221 |
| Q4 2024 | 273 |
| Q1 2025 | 253 |
| Q2 2025 | 275 |
| Q3 2025 | 319 |
| Q4 2025 | 342 |
| Q1 2026 | 359 |
| Q2 2026 | 370 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 133 | 94 |
| Q4 2024 | 163 | 100 |
| Q1 2025 | 150 | 127 |
| Q2 2025 | 182 | 109 |
| Q3 2025 | 194 | 102 |
| Q4 2025 | 191 | 133 |
| Q1 2026 | 245 | 153 |
| Q2 2026 | 207 | 175 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $79.0m | $45.6m | 0.58 |
| Q4 2025 | $24.9m | $16.2m | 0.65 |
| Q1 2026 | $11.7m | $99.2m | 8.49 |
| Q2 2026 | $25.9m | $165.1m | 6.36 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +3.0m |
| Balyasny Asset Management L.P. | Added | +2.7m |
| Junto Capital Management LP | New | +2.0m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +1.6m |
| Holocene Advisors, LP | Added | +1.3m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.2m |
| Longaeva Partners L.P. | New | +1.0m |
| GOLDMAN SACHS GROUP INC | Added | +979.9k |
| ALGEBRIS (UK) LTD | New | +798.9k |
| Assenagon Asset Management S.A. | Added | +724.0k |
Biggest sellers
| Capital World Investors | Reduced | -2.4m |
| T. Rowe Price Investment Management, Inc. | Reduced | -2.4m |
| CITADEL ADVISORS LLC | Reduced | -642.9k |
| Apollo Management Holdings, L.P. | Reduced | -624.2k |
| MORGAN STANLEY | Reduced | -611.9k |
| Point72 Asset Management, L.P. | Reduced | -565.4k |
| Public Sector Pension Investment Board | Reduced | -503.0k |
| TUDOR INVESTMENT CORP ET AL | Reduced | -486.4k |
| D. E. Shaw & Co., Inc. | Sold out | -447.7k |
| JANE STREET GROUP, LLC | Reduced | -435.7k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $6.6m163.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.8m93.4k shares |
| IMC-Chicago, LLC | Added | $3.3m82.0k shares |
| Walleye Trading LLC | Added | $2.9m72.7k shares |
| JANE STREET GROUP, LLC | Added | $2.5m61.2k shares |
| K2 PRINCIPAL FUND, L.P. | New | $1.9m48.0k shares |
| GROUP ONE TRADING LLC | Reduced | $1.2m29.8k shares |
| Focus Partners Wealth | New | $729.9k18.0k shares |
| Quantinno Capital Management LP | New | $729.9k18.0k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $608.2k15.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $69.9m1.7m shares |
| Walleye Trading LLC | Added | $38.1m940.2k shares |
| CITADEL ADVISORS LLC | Added | $13.8m341.2k shares |
| BARCLAYS PLC | New | $12.2m300.0k shares |
| GROUP ONE TRADING LLC | Added | $10.5m258.4k shares |
| SIMPLEX TRADING, LLC | Added | $7.7m190.8k shares |
| JANE STREET GROUP, LLC | Added | $5.3m131.4k shares |
| IMC-Chicago, LLC | Added | $5.3m131.3k shares |
| Walleye Capital LLC | Reduced | $1.4m34.0k shares |
| TUDOR INVESTMENT CORP ET AL | Reduced | $523.1k12.9k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
TPG GP A, LLC
13D · may seek influence
-1.9 pts · filed 2026-08-18
Stated purposeThis Amendment amends and supplements Item 4 of the Original Schedule 13D by inserting the following before the penultimate paragraph: "Q3 2026 Exchange Pursuant to the Exchange Agreement, on August 14, 2026, 6,960,798 Common Units were ultimately distributed to certain partners of TPG Partner Holdings, L.P. and the API Entities in connection with the exchange by such partners of those Common Units for an equal number of shares of Class A Common Stock and the cancellation of an equal number of shares of Class B Common Stock (the "Q3 2026 Exchange")." Full filing |
56.4% |
| WELLINGTON MANAGEMENT GROUP LLP 13G · institution +4.0 pts · filed 2026-09-08 | 11.2% |
| Temasek Holdings (Private) Ltd 13G · passive investor -0.7 pts · filed 2026-04-17 | 6.5% |
| DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP 13G · institution new · filed 2026-03-20 | 5.9% |
| INTEGRATED CORE STRATEGIES (US) LLC 13G · passive investor +0.9 pts · filed 2026-06-17 | 5.2% |
Fell to 5% or below in the last year: MANAGED ACCOUNT ADVISORS LLC (0.0%, 2026-05-14), Capital International Investors (3.3%, 2026-05-14), VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 2 | $361.2k | $256.3k |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 1 | $101.2k | $101.2k |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| WELLINGTON MANAGEMENT GROUP LLP 0.08% of their portfolio | 11.0m $446.8m | Added +3.0m |
| Temasek Holdings (Private) Ltd 1.13% of their portfolio | 10.2m $412.1m | Added +135.0k |
| DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP 16.11% of their portfolio | 9.0m $364.9m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 8.0m $323.6m | Added +163.3k |
| MILLENNIUM MANAGEMENT LLC 0.21% of their portfolio | 7.8m $317.6m | Added +1.2m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 6.5m $261.7m | Added +371.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 6.4m $261.4m | Added +163.4k |
| Capital International Investors 0.05% of their portfolio | 5.7m $229.5m | Added +584.9k |
| Balyasny Asset Management L.P. 0.30% of their portfolio | 4.1m $165.1m | Added +2.7m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 3.6m $146.6m | Added +1.6m |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 3.1m $126.4m | Reduced -642.9k |
| STATE STREET CORP 0.00% of their portfolio | 2.6m $105.5m | Added +132.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.5m $101.4m | Reduced -101.3k |
| Vulcan Value Partners, LLC 2.92% of their portfolio | 2.4m $95.8m | Added +375.8k |
| Jackson Brooke LLC 100.00% of their portfolio | 2.3m $92.4m | Unchanged |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 2.3m $92.1m | Added +10.3k |
| Qube Research & Technologies Ltd 0.10% of their portfolio | 2.2m $90.0m | Reduced -352.6k |
| MORGAN STANLEY 0.00% of their portfolio | 2.2m $89.8m | Reduced -611.9k |
| Point72 Asset Management, L.P. 0.13% of their portfolio | 2.1m $85.5m | Reduced -565.4k |
| NORGES BANK 0.01% of their portfolio | 2.1m $83.2m | Not comparable |
| Junto Capital Management LP 1.53% of their portfolio | 2.0m $82.8m | New |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 2.0m $80.1m | Added +447.2k |
| Apollo Management Holdings, L.P. 1.09% of their portfolio | 1.9m $77.3m | Reduced -624.2k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.9m $76.0m | Added +979.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.7m $67.6m | Reduced -153.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.5m $61.8m | Added +76.4k |
| UBS Group AG 0.01% of their portfolio | 1.4m $57.0m | Reduced -116.6k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.17% of their portfolio | 1.4m $56.3m | Added +276.4k |
| Holocene Advisors, LP 0.13% of their portfolio | 1.4m $55.3m | Added +1.3m |
| TimesSquare Capital Management, LLC 0.71% of their portfolio | 1.2m $48.4m | Added +2.9k |
| Longaeva Partners L.P. 1.18% of their portfolio | 1.0m $40.7m | New |
| LORD, ABBETT & CO. LLC 0.11% of their portfolio | 916.3k $37.2m | Added +219.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 900.5k $36.5m | Added +260.1k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 867.0k $35.2m | Added +38.3k |
| T. Rowe Price Investment Management, Inc. 0.02% of their portfolio | 822.3k $33.3m | Reduced -2.4m |
| Assenagon Asset Management S.A. 0.02% of their portfolio | 802.5k $32.5m | Added +724.0k |
| ALGEBRIS (UK) LTD 2.13% of their portfolio | 798.9k $32.3m | New |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 784.9k $31.8m | Added +473.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 781.7k $31.7m | Reduced -218 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 778.4k $894.1k | Reduced -909 |
| Schonfeld Strategic Advisors LLC 0.15% of their portfolio | 722.6k $29.3m | Added +355.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 690.8k $28.0m | Added +5.7k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.04% of their portfolio | 672.7k $27.3m | Added +627.3k |
| MACQUARIE GROUP LTD 0.12% of their portfolio | 672.7k $27.3m | New |
| Grafton Street Partners Management Company, LLC 14.68% of their portfolio | 655.8k $26.6m | Added +73.1k |
| CAZ INVESTMENTS LP 8.70% of their portfolio | 650.0k $26.4m | New |
| Legal & General Group Plc 0.01% of their portfolio | 625.8k $25.4m | Reduced -4.3k |
| CANYON CAPITAL ADVISORS LLC 2.69% of their portfolio | 584.2k $23.7m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 577.0k $23.4m | Added +38.2k |
| Nuveen, LLC 0.01% of their portfolio | 538.9k $21.9m | Added +166.7k |
| Capital World Investors 0.00% of their portfolio | 534.8k $21.7m | Reduced -2.4m |
| Squarepoint Ops LLC 0.04% of their portfolio | 511.4k $20.7m | Reduced -74.5k |
| Partners Group Holding AG 1.35% of their portfolio | 489.8k $19.9m | Reduced -14.6k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 483.1k $19.6m | Added +345.1k |
| BARCLAYS PLC 0.01% of their portfolio | 462.0k $18.7m | Added +310.8k |
| Walleye Trading LLC 0.26% of their portfolio | 460.6k $18.7m | Added +36.9k |
| Border to Coast Pensions Partnership Ltd 0.27% of their portfolio | 452.9k $18.3m | Added +42.9k |
| Man Group plc 0.03% of their portfolio | 447.2k $18.1m | Added +58.9k |
| Focus Partners Wealth 0.00% of their portfolio | 443.2k $174.1k | New |
| Invesco Ltd. 0.00% of their portfolio | 442.4k $17.9m | Added +13.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 428.9k $17.4m | Added +276.0k |
| Jain Global LLC 0.19% of their portfolio | 397.2k $16.1m | Added +346.0k |
| Gillson Capital LP 0.94% of their portfolio | 394.9k $16.0m | Added +267.4k |
| PICTON MAHONEY ASSET MANAGEMENT 0.15% of their portfolio | 393.3k $15.9m | New |
| Walleye Capital LLC 0.07% of their portfolio | 384.2k $15.6m | Added +157.0k |
| Cerity Partners LLC 0.02% of their portfolio | 356.5k $14.5m | Reduced -2.0k |
| Engineers Gate Manager LP 0.18% of their portfolio | 342.3k $13.9m | Added +204.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 334.3k $13.5m | Added +12.2k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 312.9k $12.7m | Reduced -435.7k |
| National Philanthropic Trust 0.18% of their portfolio | 309.1k $12.5m | Unchanged |
| MOORE CAPITAL MANAGEMENT, LP 0.28% of their portfolio | 307.1k $12.5m | Added +103.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 305.5k $12.4m | Reduced -368 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.23% of their portfolio | 301.7k $12.2m | New |
| BW Gestao de Investimentos Ltda. 0.29% of their portfolio | 300.9k $12.2m | New |
| Swiss National Bank 0.01% of their portfolio | 277.6k $11.3m | Added +2.2k |
| Pictet North America Advisors SA 0.94% of their portfolio | 263.2k $10.7m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 253.4k $10.1m | Reduced -214.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 210.6k $8.5m | Reduced -6.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 206.7k $8.4m | Added +30.3k |
| SOROS FUND MANAGEMENT LLC 0.11% of their portfolio | 204.5k $8.3m | Added +31.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 204.4k $8.3m | Added +183.7k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 180.5k $7.3m | Added +21.1k |
| Amundi 0.00% of their portfolio | 170.9k $6.9m | Reduced -89.9k |
| MSA Advisors, LLC 1.77% of their portfolio | 169.5k $6.9m | Unchanged |
| California Public Employees Retirement System 0.00% of their portfolio | 168.1k $6.8m | Reduced -2.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 159.8k $6.5m | Reduced -942 |
| Private Wealth Partners, LLC 0.45% of their portfolio | 155.6k $6.3m | Reduced -87.0k |
| ALGERT GLOBAL LLC 0.07% of their portfolio | 153.9k $6.2m | Added +21.6k |
| Lighthouse Investment Partners, LLC 0.19% of their portfolio | 150.2k $6.1m | Added +135.3k |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 147.2k $6.0m | Added +13.8k |
| Interval Partners, LP 0.19% of their portfolio | 144.2k $5.8m | New |
| Clear Harbor Asset Management, LLC 0.34% of their portfolio | 136.0k $5.5m | Added +5.3k |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 131.3k $5.3m | Added +3.1k |
| SIMPLEX TRADING, LLC 0.14% of their portfolio | 128.5k $5.2m | Added +67.1k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 126.6k $5.1m | Added +1.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 119.0k $4.8m | Reduced -111.2k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 114.4k $4.6m | Reduced -2.2k |
| GROUP ONE TRADING LLC 0.13% of their portfolio | 114.4k $4.6m | Added +27.4k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 112.4k $4.6m | Reduced -30.8k |
| Vestcor Inc 0.11% of their portfolio | 108.9k $4.4m | New |