TRUPANION, INC. - Common Stock, $0.00001 par value per share (TRUP) Institutional Ownership

13F Institutional Holders and Ownership History from Q3 2014 to Q4 2025

Type / Class
Equity / Common Stock, $0.00001 par value per share
Symbol
TRUP on Nasdaq
Shares outstanding
43,078,771
Price per share
$31.41
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
35,842,776
Total reported value
$1,339,460,262
% of total 13F portfolios
0%
Share change
-1,861,348
Value change
-$72,785,108
Number of holders
211
Price from insider filings
$31.41
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of TRUPANION, INC. - Common Stock, $0.00001 par value per share (TRUP) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Tarmac DLTFM Ltd 8.3% $154,749,285 3,575,538 Tarmac DLTFM Ltd 11 Oct 2023
WELLINGTON MANAGEMENT GROUP LLP 4.8% -8% $105,755,201 -$8,408,659 2,038,458 -7.4% Wellington Management Group LLP 30 Jun 2025

As of 31 Dec 2025, 211 institutional investors reported holding 35,842,776 shares of TRUPANION, INC. - Common Stock, $0.00001 par value per share (TRUP). This represents 83% of the company’s total 43,078,771 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of TRUPANION, INC. - Common Stock, $0.00001 par value per share (TRUP) together control 69% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
BlackRock, Inc. 12% 5,382,374 +4.3% 0% $201,139,298
Capital World Investors 9.6% 4,123,266 +0.21% 0.02% $154,086,450
Aflac Inc 8.4% 3,636,364 0% 98% $135,890,923
VANGUARD GROUP INC 8.1% 3,505,021 -1.4% 0% $130,982,635
Polar Capital Holdings Plc 3.4% 1,475,000 +13% 0.25% $55,120,750
FMR LLC 3.3% 1,400,657 +5.3% 0% $52,342,563
STATE STREET CORP 3% 1,290,987 +2.2% 0% $48,244,184
MARSHALL WACE, LLP 2.9% 1,267,262 +4.5% 0.05% $47,357,580
GEODE CAPITAL MANAGEMENT, LLC 2% 865,841 +0.02% 0% $32,361,956
MORGAN STANLEY 1.8% 787,460 +0.82% 0% $29,427,431
GREENLEA LANE CAPITAL MANAGEMENT, LLC 1.8% 776,490 +1.6% 8.5% $29,017,431
DIMENSIONAL FUND ADVISORS LP 1.4% 607,022 +12% 0% $22,686,381
BANK OF AMERICA CORP /DE/ 1.4% 597,802 -40% 0% $22,339,858
GOLDMAN SACHS GROUP INC 1.1% 477,014 +116% 0% $17,826,012
Hosking Partners LLP 1.1% 465,950 +8.1% 0.59% $17,412,552
Clearbridge Investments, LLC 1% 447,854 -1.2% 0.01% $16,736,297
NORTHERN TRUST CORP 0.86% 368,631 -6.9% 0% $13,775,741
CITADEL ADVISORS LLC 0.77% 332,800 +287% 0.01% $12,436,736
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.77% 330,521 +1.4% 0% $12,351,584
Trexquant Investment LP 0.73% 316,463 -4.8% 0.11% $11,826,222
BARCLAYS PLC 0.7% 302,625 -20% 0% $11,309,096
Kopion Asset Management, LLC 0.68% 293,706 +11% 7.8% $10,975,793
MILLENNIUM MANAGEMENT LLC 0.66% 283,746 -54% 0.01% $10,603,588
Balyasny Asset Management L.P. 0.64% 276,580 -79% 0.02% $10,335,795
PRINCIPAL FINANCIAL GROUP INC 0.62% 268,203 +16% 0.01% $10,022,746

Institutional Holders of TRUPANION, INC. - Common Stock, $0.00001 par value per share (TRUP) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 35,842,776 $1,339,460,262 -$72,785,108 $37.37 211
2025 Q3 37,712,823 $1,632,251,443 -$75,891,232 $43.28 220
2025 Q2 39,236,599 $2,171,643,074 -$1,241,126 $55.35 232
2025 Q1 39,441,873 $1,470,411,686 +$5,125,972 $37.27 215
2024 Q4 38,865,461 $1,873,485,020 -$65,435,060 $48.20 234
2024 Q3 40,134,122 $1,684,269,256 -$22,339,221 $41.98 208
2024 Q2 41,298,867 $1,214,203,257 -$36,215,259 $29.40 188
2024 Q1 43,800,749 $1,209,725,414 -$17,708,514 $27.61 194
2023 Q4 43,656,735 $1,331,900,819 +$14,202,878 $30.51 208
2023 Q3 42,803,756 $1,207,175,760 -$135,553,227 $28.20 187
2023 Q2 47,913,244 $942,996,361 -$45,146,222 $19.68 184
2023 Q1 45,162,137 $1,937,011,319 +$65,943,393 $42.89 211
2022 Q4 43,644,531 $2,074,695,573 +$46,637,945 $47.53 213
2022 Q3 42,607,386 $2,531,981,844 +$127,385,776 $59.43 208
2022 Q2 40,421,431 $2,436,212,377 +$116,152,833 $60.26 200
2022 Q1 38,297,467 $3,411,999,372 +$20,147,644 $89.12 226
2021 Q4 34,122,852 $4,504,964,857 -$21,987,218 $132.03 248
2021 Q3 34,362,752 $2,669,293,568 +$43,891,534 $77.67 230
2021 Q2 33,736,639 $3,883,122,981 +$199,262,349 $115.10 224
2021 Q1 32,338,830 $2,464,691,130 -$2,220,029 $76.21 227
2020 Q4 32,473,090 $3,887,230,856 -$313,360,838 $119.71 233
2020 Q3 34,619,509 $2,731,256,997 -$9,183,406 $78.90 195
2020 Q2 35,191,532 $1,502,404,455 -$3,126,261 $42.69 161
2020 Q1 35,673,764 $928,601,197 +$4,782,922 $26.03 141
2019 Q4 35,243,956 $1,318,739,633 -$10,008,498 $37.46 148
2019 Q3 32,670,496 $830,459,080 -$34,954,621 $25.42 133
2019 Q2 33,521,786 $1,211,063,992 +$6,102,590 $36.13 146
2019 Q1 33,663,773 $1,102,234,742 +$16,168,177 $32.74 159
2018 Q4 33,321,354 $848,326,509 +$10,273,050 $25.46 156
2018 Q3 31,940,728 $1,140,432,418 +$40,484,386 $35.73 149
2018 Q2 30,779,692 $1,188,068,590 +$193,453,077 $38.60 152
2018 Q1 25,930,326 $775,020,904 +$106,468,239 $29.89 134
2017 Q4 22,508,661 $658,824,864 +$31,610,869 $29.27 135
2017 Q3 19,002,795 $501,853,161 +$20,267,846 $26.41 105
2017 Q2 18,251,784 $408,444,179 +$43,606,569 $22.38 83
2017 Q1 16,780,475 $238,611,330 +$12,647,411 $14.22 75
2016 Q4 16,526,847 $256,521,707 +$40,714,753 $15.52 84
2016 Q3 13,859,585 $234,220,964 +$19,273,889 $16.90 79
2016 Q2 12,790,097 $169,675,998 +$27,833,326 $13.25 78
2016 Q1 10,796,485 $105,937,300 -$1,594,168 $9.85 59
2015 Q4 10,953,386 $106,904,904 +$2,495,819 $9.76 52
2015 Q3 10,721,621 $80,946,504 +$5,364,723 $7.55 54
2015 Q2 9,970,997 $82,163,080 +$260,428 $8.24 54
2015 Q1 9,942,416 $79,517,240 +$4,307,532 $8.00 49
2014 Q4 9,451,155 $65,352,396 +$193,135 $6.93 49
2014 Q3 9,089,730 $76,891,000 +$76,891,000 $8.50 50