$QTWO

$68.21 -$1.61 (2.31%) Live

$QTWO Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 62.4M shares outstanding

Who owns QTWO?

By type of holder

Institutions 100.0% Insiders 0.0% Everyone else 0.0%

Concentration Top 10 holders own 48.9%

BlackRock, Inc. 16.7% · Vanguard Portfolio Management LLC 8.0%

Institutional ownership

100.0%

0 pts vs last qtr

Institutional holders

326

-23 vs last qtr

Net shares bought

+3.1M

by institutions in Q2 2026

New / sold out

38 / 61

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Victory Capital Management Inc +1.3M
Millennium Management LLC +1.0M

Biggest sellers in Q2 2026

Assenagon Asset Management S.A. −915.4K
North Reef Capital Management LP SOLD OUT −620.8K

Who is planning to sell?

Notices of proposed sale, last 12 months

$27.6M

36 notices from 15 people

Shares covered

501.7K

0.80% of the company

Arranged in advance

25%

of the value is under a 10b5-1 plan

Under a 10b5-1 plan No plan

Largest proposed sellers

Flake Matthew P Officer $6.95M
Coleman Kirk L Officer $4.31M

Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2019–FY2025

+41.0%

+5.89% a year

Each share's claim on the business

−29.1%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

$5M vs $468M

over 7 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years63% 3–5 years6% 1–3 years15% Under 1 year16%

Quarterly turnover

13.6%

of institutional shares changed hands

Top 10 managers, median time held

5 years

Super Investors

Investment managers reporting QTWO on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
B BlackRock, Inc.	10.4M	16.73%	+395.7K (+3.9%)	≤2021	0.0%
Shares held by quarter Peak holding10.4M (Q2'26) Change over 8 quarters+4.6M Share of the company16.730% BlackRock, Inc.'s full portfolio →
VP Vanguard Portfolio Management LLC	5.0M	7.97%	+111.1K (+2.3%)	≤2021	0.0%
Shares held by quarter Peak holding5.0M (Q2'26) Change over 8 quarters+5.0M Share of the company7.970% Vanguard Portfolio Management LLC's full portfolio →

BlackRock, Inc.

10.4M

% of company

16.73%

Change vs last qtr

+395.7K (+3.9%)

Held since

≤2021

Vanguard Portfolio Management LLC

5.0M

% of company

7.97%

Change vs last qtr

+111.1K (+2.3%)

Held since

≤2021

28 more super investors behind a free account

See every manager holding Q2 Holdings Inc, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting QTWO on Form N-PORT; together they hold 57.9% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
IC iShares Core S&P Small-Cap ETF iShares Trust	$181M	3.8M	6.05%	0.16%	June 30, 2026
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$90.8M	1.9M	3.03%	0.00%	June 30, 2026

iShares Core S&P Small-Cap ETF

iShares Trust

Position value

$181M

% of company

6.05%

% of the fund

0.16%

As of

June 30, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$90.8M

% of company

3.03%

% of the fund

0.00%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding Q2 Holdings Inc and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
FM Flake Matthew P Insider	675.9K	1.08%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company1.080% Flake Matthew P's insider activity →
CK Coleman Kirk L Insider	329.7K	0.53%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company0.530% Coleman Kirk L's insider activity →

Flake Matthew P

Insider

675.9K

% of company

1.08%

Change vs last qtr

—

Held since

—

Coleman Kirk L

Insider

329.7K

% of company

0.53%

Change vs last qtr

—

Held since

—

13 more holders behind a free account

See every insider and 5%+ holder of Q2 Holdings Inc.

Comments