NU HLDGS LTD NU
ORD SHS CL A · Common Stock · CUSIP G6683N103 · ISIN KYG6683N1034
- SectorFinancials
- IndustryFinance Services
- HeadquartersCayman Islands
- FilingsSEC EDGAR
* 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 ($131.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $13.69. Options: 44 managers hold calls ($916.0m notional), 38 hold puts ($666.2m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 252 |
| Q4 2022 | 264 |
| Q1 2023 | 301 |
| Q2 2023 | 352 |
| Q3 2023 | 405 |
| Q4 2023 | 497 |
| Q1 2024 | 574 |
| Q2 2024 | 609 |
| Q3 2024 | 652 |
| Q4 2024 | 712 |
| Q1 2025 | 734 |
| Q2 2025 | 786 |
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 2023 | 268 | 121 |
| Q4 2023 | 297 | 158 |
| Q1 2024 | 352 | 222 |
| Q2 2024 | 351 | 238 |
| Q3 2024 | 335 | 313 |
| Q4 2024 | 359 | 332 |
| Q1 2025 | 440 | 301 |
| Q2 2025 | 453 | 304 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $813.8m | $574.1m | 0.71 |
| Q4 2024 | $615.0m | $456.6m | 0.74 |
| Q1 2025 | $521.1m | $409.4m | 0.79 |
| Q2 2025 | $916.0m | $666.2m | 0.73 |
Biggest buyers
| D1 Capital Partners L.P. | Added | +14.3m |
| JANE STREET GROUP, LLC | Added | +13.1m |
| RENAISSANCE TECHNOLOGIES LLC | Added | +12.2m |
| JENNISON ASSOCIATES LLC | Added | +11.6m |
| GOLDMAN SACHS GROUP INC | Added | +10.5m |
| BNP PARIBAS FINANCIAL MARKETS | Added | +9.9m |
| SQUADRA INVESTMENTS - GESTAO DE RECURSOS LTDA. | New | +9.2m |
| ATMOS CAPITAL GESTAO DE RECURSOS LTDA. | Added | +9.2m |
| MILLENNIUM MANAGEMENT LLC | Added | +8.2m |
| MARSHALL WACE, LLP | Added | +7.6m |
Biggest sellers
| Capital Research Global Investors | Reduced | -69.2m |
| JPMORGAN CHASE & CO | Reduced | -39.2m |
| SC US (TTGP), LTD. | Reduced | -36.4m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -22.3m |
| MORGAN STANLEY | Reduced | -16.5m |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -12.8m |
| REDPOINT MANAGEMENT, LLC | Sold out | -10.6m |
| Nuveen, LLC | Reduced | -8.8m |
| Invesco Ltd. | Reduced | -7.7m |
| COATUE MANAGEMENT LLC | Reduced | -7.3m |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $161.7m11.8m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $106.4m7.8m shares |
| NWI MANAGEMENT LP | New | $73.5m5.4m shares |
| PEAK6 LLC | Added | $66.9m4.9m shares |
| D. E. Shaw & Co., Inc. | Added | $57.4m4.2m shares |
| Parallax Volatility Advisers, L.P. | Reduced | $45.4m3.3m shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $44.1m3.2m shares |
| JANE STREET GROUP, LLC | Reduced | $40.6m3.0m shares |
| GOLDMAN SACHS GROUP INC | Added | $40.2m2.9m shares |
| SIMPLEX TRADING, LLC | Reduced | $36.6m2.7m shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $167.2m12.2m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $91.9m6.7m shares |
| GOLDMAN SACHS GROUP INC | Added | $61.6m4.5m shares |
| BANK OF AMERICA CORP /DE/ | Added | $53.4m3.9m shares |
| JANE STREET GROUP, LLC | Added | $45.2m3.3m shares |
| SIMPLEX TRADING, LLC | Added | $39.4m2.9m shares |
| JPMORGAN CHASE & CO | Reduced | $38.0m2.8m shares |
| Parallax Volatility Advisers, L.P. | Reduced | $17.2m1.3m shares |
| GROUP ONE TRADING LLC | Added | $15.5m1.1m shares |
| Walleye Trading LLC | Reduced | $14.4m1.1m 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 |
|---|---|
| Rua California Ltd. 13G · exempt (held before listing) filed 2025-10-17 | 19.2% |
| BlackRock, Inc. 13G · institution filed 2026-04-24 | 8.4% |
| BAILLIE GIFFORD & CO 13G · institution -1.0 pts · filed 2026-08-03 | 6.0% |
Fell to 5% or below in the last year: Capital Research Global Investors (4.9%, 2025-11-13)
Insider purchases and sales in Q2 2025
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.
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.07% of their portfolio | 267.6m $3.7bn | Reduced -6.5m |
| BAILLIE GIFFORD & CO 2.67% of their portfolio | 261.0m $3.6bn | Reduced -4.2m |
| Capital Research Global Investors 0.54% of their portfolio | 194.9m $2.7bn | Reduced -69.2m |
| MORGAN STANLEY 0.10% of their portfolio | 107.7m $1.5bn | Reduced -16.5m |
| JPMORGAN CHASE & CO 0.09% of their portfolio | 95.4m $1.3bn | Reduced -39.2m |
| STATE STREET CORP 0.05% of their portfolio | 91.2m $1.3bn | Added +2.2m |
| WCM INVESTMENT MANAGEMENT, LLC 2.23% of their portfolio | 73.8m $978.1m | Reduced -3.2m |
| SC US (TTGP), LTD. 7.06% of their portfolio | 72.8m $998.6m | Reduced -36.4m |
| FMR LLC 0.05% of their portfolio | 64.8m $889.3m | Added +6.1m |
| Technology Crossover Management X, Ltd. 85.35% of their portfolio | 55.8m $765.3m | Unchanged |
| SANDS CAPITAL MANAGEMENT, LLC 2.15% of their portfolio | 54.5m $747.8m | Added +3.1m |
| COATUE MANAGEMENT LLC 1.85% of their portfolio | 48.4m $664.6m | Reduced -7.3m |
| NORGES BANK 0.08% of their portfolio | 45.7m $626.6m | Added +4.7m |
| JENNISON ASSOCIATES LLC 0.34% of their portfolio | 42.0m $575.7m | Added +11.6m |
| Kontiki Capital Management (HK) Ltd. 30.25% of their portfolio | 38.6m $529.9m | Added +6.0m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.05% of their portfolio | 32.1m $440.9m | Reduced -22.3m |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 30.0m $411.8m | Reduced -1.8m |
| Ribbit Management Company, LLC 27.38% of their portfolio | 29.3m $402.3m | Added +2.3m |
| FIL Ltd 0.34% of their portfolio | 29.2m $400.4m | Added +1.9m |
| Legal & General Group Plc 0.10% of their portfolio | 28.7m $394.4m | Added +194.4k |
| NORTHERN TRUST CORP 0.05% of their portfolio | 26.9m $368.8m | Reduced -991.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 24.4m $331.2m | Reduced -12.8m |
| D1 Capital Partners L.P. 4.60% of their portfolio | 24.1m $331.1m | Added +14.3m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio | 22.6m $309.6m | Added +738.2k |
| VANGUARD GROUP INC 0.00% of their portfolio | 22.0m $302.4m | Added +773.4k |
| MAVERICK CAPITAL LTD 4.58% of their portfolio | 21.7m $298.2m | Added +5.0m |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 21.6m $296.3m | Added +10.5m |
| SOFTBANK GROUP CORP. 1.16% of their portfolio | 21.0m $288.2m | Unchanged |
| CANADA PENSION PLAN INVESTMENT BOARD 0.23% of their portfolio | 19.7m $270.4m | Added +2.1m |
| Orbis Allan Gray Ltd 1.26% of their portfolio | 18.9m $258.9m | Added +4.1m |
| Capital International Investors 0.04% of their portfolio | 18.0m $247.0m | Reduced -2.0m |
| Whale Rock Capital Management LLC 3.40% of their portfolio | 17.8m $244.8m | Reduced -6.6m |
| AMERIPRISE FINANCIAL INC 0.06% of their portfolio | 17.3m $237.6m | Added +5.1m |
| RENAISSANCE TECHNOLOGIES LLC 0.31% of their portfolio | 16.7m $229.3m | Added +12.2m |
| UBS Group AG 0.05% of their portfolio | 16.7m $229.0m | Added +3.0m |
| Coronation Fund Managers Ltd. 11.91% of their portfolio | 16.0m $219.7m | Added +157.3k |
| a16z Perennial Management, L.P. 17.68% of their portfolio | 15.6m $213.8m | Reduced -357.3k |
| MARSHALL WACE, LLP 0.24% of their portfolio | 14.7m $201.6m | Added +7.6m |
| Artisan Partners Limited Partnership 0.29% of their portfolio | 14.3m $196.7m | Reduced -1.8m |
| Amundi 0.07% of their portfolio | 14.1m $190.1m | Added +6.1m |
| CITADEL ADVISORS LLC 0.16% of their portfolio | 13.7m $188.3m | Added +3.3m |
| JANE STREET GROUP, LLC 0.30% of their portfolio | 13.7m $187.8m | Added +13.1m |
| BNP PARIBAS FINANCIAL MARKETS 0.14% of their portfolio | 13.2m $181.7m | Added +9.9m |
| Aberdeen Group plc 0.31% of their portfolio | 13.0m $179.8m | Added +35.8k |
| MILLENNIUM MANAGEMENT LLC 0.16% of their portfolio | 12.9m $176.9m | Added +8.2m |
| Nuveen, LLC 0.05% of their portfolio | 12.9m $176.4m | Reduced -8.8m |
| WASATCH ADVISORS LP 0.92% of their portfolio | 12.8m $175.6m | Reduced -6.7m |
| Robeco Institutional Asset Management B.V. 0.28% of their portfolio | 12.5m $172.1m | Reduced -5.3m |
| ATMOS CAPITAL GESTAO DE RECURSOS LTDA. 26.51% of their portfolio | 12.5m $171.1m | Added +9.2m |
| SurgoCap Partners LP 6.43% of their portfolio | 12.2m $167.6m | Added +6.5m |
| Sumitomo Mitsui Trust Group, Inc. 0.10% of their portfolio | 12.0m $164.5m | Reduced -366.7k |
| Advent International, L.P. 5.25% of their portfolio | 11.8m $161.9m | Reduced -3.2m |
| TIGER GLOBAL MANAGEMENT LLC 0.44% of their portfolio | 11.0m $151.4m | Unchanged |
| SEI INVESTMENTS CO 0.17% of their portfolio | 10.6m $145.1m | Reduced -259.0k |
| WASHINGTON UNIVERSITY 87.81% of their portfolio | 10.4m $106.6m | Unchanged |
| Fisher Asset Management, LLC 0.06% of their portfolio | 10.4m $142.5m | Added +3.1m |
| Capital World Investors 0.02% of their portfolio | 10.2m $140.3m | Added +83.3k |
| Dragoneer Investment Group, LLC 2.77% of their portfolio | 9.9m $135.9m | Unchanged |
| SQUADRA INVESTMENTS - GESTAO DE RECURSOS LTDA. 31.66% of their portfolio | 9.2m $125.8m | New |
| Assenagon Asset Management S.A. 0.18% of their portfolio | 8.4m $115.1m | Reduced -319.8k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 8.2m $113.2m | Reduced -897.9k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.38% of their portfolio | 7.5m $102.5m | Added +7.5m |
| BARCLAYS PLC 0.04% of their portfolio | 7.4m $101.1m | Reduced -884.6k |
| Swiss National Bank 0.06% of their portfolio | 7.3m $99.6m | Added +8.4k |
| Sands Capital Alternatives, LLC 19.39% of their portfolio | 7.2m $98.4m | Added +11.1k |
| TWO SIGMA INVESTMENTS, LP 0.18% of their portfolio | 7.2m $98.2m | Added +5.3m |
| Polar Capital Holdings Plc 0.50% of their portfolio | 6.9m $94.8m | Added +833.3k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.25% of their portfolio | 6.9m $94.3m | Added +585.6k |
| Seven Springs Wealth Group, LLC 22.95% of their portfolio | 6.8m $92.7m | New |
| Balyasny Asset Management L.P. 0.21% of their portfolio | 6.6m $90.3m | New |
| HRT FINANCIAL LP 0.48% of their portfolio | 6.6m $90.1m | Added +6.1m |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 6.5m $88.9m | Reduced -6.3m |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 6.2m $84.5m | Added +3.7m |
| Focus Partners Wealth 0.18% of their portfolio | 6.1m $84.1m | Added +4.7m |
| Mitsubishi UFJ Trust & Banking Corp 0.19% of their portfolio | 5.9m $80.5m | Added +1.8m |
| MANNING & NAPIER ADVISORS LLC 0.93% of their portfolio | 5.7m $78.1m | New |
| Qube Research & Technologies Ltd 0.11% of their portfolio | 5.5m $75.6m | New |
| Azora Capital LP 3.37% of their portfolio | 5.4m $74.6m | Added +2.4m |
| California Public Employees Retirement System 0.05% of their portfolio | 5.3m $72.1m | Added +1.4m |
| D. E. Shaw & Co., Inc. 0.07% of their portfolio | 5.2m $71.9m | Added +5.0m |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.24% of their portfolio | 5.2m $71.7m | Added +204.6k |
| Russell Investments Group, Ltd. 0.09% of their portfolio | 5.2m $70.8m | Added +700.5k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 5.2m $70.7m | Reduced -7.3m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 4.9m $67.0m | Reduced -4.2m |
| Kora Management LP 8.19% of their portfolio | 4.9m $66.6m | Added +954.0k |
| IEQ CAPITAL, LLC 0.41% of their portfolio | 4.8m $66.5m | Added +1.1m |
| ICONIQ Capital, LLC 1.06% of their portfolio | 4.6m $63.0m | Reduced -19.0k |
| CITIGROUP INC 0.04% of their portfolio | 4.5m $61.9m | Reduced -4.5m |
| Sharp Capital Gestora de Recursos Ltda. 61.58% of their portfolio | 4.5m $61.6m | Added +2.7m |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.14% of their portfolio | 4.5m $61.5m | Added +6 |
| Pictet Asset Management Holding SA 0.06% of their portfolio | 4.4m $61.0m | Added +415.7k |
| Comprehensive Financial Management LLC 1.68% of their portfolio | 4.4m $60.4m | Unchanged |
| Invesco Ltd. 0.01% of their portfolio | 4.4m $59.8m | Reduced -7.7m |
| Alta Park Capital, LP 7.37% of their portfolio | 4.4m $59.8m | Added +946.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.09% of their portfolio | 4.3m $59.6m | Reduced -101.1k |
| Holocene Advisors, LP 0.15% of their portfolio | 4.3m $59.0m | New |
| Amova Asset Management Americas, Inc. 0.55% of their portfolio | 4.0m $54.7m | Reduced -253.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.07% of their portfolio | 3.9m $53.9m | Added +2.1m |
| SYLEBRA CAPITAL LLC 1.99% of their portfolio | 3.6m $48.8m | Unchanged |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 3.5m $48.4m | Reduced -544.3k |