13FPulse
HU

HUBS HUBSPOT INC

2026Q2 · CUSIP 443573100 · Enterprise Software · Sector: Technology

Normal

Fund flows are within the usual range

Funds that own it
582
Institutions that reported holding it to the SEC
Net decrease in holders
95
Last quarter 677 → now 582
How unusual is that
Bottom 20%
Stronger than only 0.9% of US stocks
What the filings say, in one paragraph

582 funds held HUBS at the end of 2026Q2, down 95 from the quarter before. Fund flows are within the usual range — nothing unusual. On the business itself, revenue over the last 12 months was $3.4B(YoY +21.1%), the P/E is 87.1x, return on equity is 8.9%. HUBS has had 22 buying rushes in its history, and the price moved +11.3% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Technology sector, tagged Enterprise Software.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2015Q1: holders=74 2015Q2: holders=95 2015Q3: holders=111 2015Q4: holders=122 2016Q1: holders=129 2016Q2: holders=138 2016Q3: holders=158 2016Q4: holders=164 2017Q1: holders=165 2017Q2: holders=178 2017Q3: holders=177 2017Q4: holders=197 2018Q1: holders=218 2018Q2: holders=236 2018Q3: holders=248 2018Q4: holders=246 2019Q1: holders=287 2019Q2: holders=303 2019Q3: holders=295 2019Q4: holders=288 2020Q1: holders=283 2020Q2: holders=338 2020Q3: holders=358 2020Q4: holders=479 2021Q1: holders=504 2021Q2: holders=545 2021Q3: holders=596 2021Q4: holders=661 2022Q1: holders=628 2022Q2: holders=583 2022Q3: holders=566 2022Q4: holders=578 2023Q1: holders=638 2023Q2: holders=679 2023Q3: holders=682 2023Q4: holders=709 2024Q1: holders=732 2024Q2: holders=801 2024Q3: holders=726 2024Q4: holders=797 2025Q1: holders=800 2025Q2: holders=790 2025Q3: holders=773 2025Q4: holders=749 2026Q1: holders=677 2026Q2: holders=582 -121 -60.5 +0 +60.5 +121 66454842 15Q116Q217Q318Q420Q121Q222Q323Q425Q126Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 22 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2024Q4 Top 10% -18.6% -44.8%
2024Q2 Top 5% +39.9% +54.8%
2024Q1 Top 20% -19.2% +10.0%
2023Q2 Top 5% -10.7% +19.4%
2023Q1 Top 1% in the market +1.4% -3.5%
2021Q4 Top 10% -42.2% -33.1%
2021Q3 Top 5% -39.5% -59.5%
2021Q2 Top 5% +31.4% -16.3%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
251
Change in large funds
-10
Total value they hold
$8.9B
Funds buying for the first time
100
Funds that sold out entirely
195
Price change that quarter
+17.7%
Funds holding puts (bearish)
20
Funds holding calls (bullish)
18

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
87.1
EPS (TTM)
$2.82
EPS YoY
Revenue (TTM)
$3.4B
Revenue YoY
+21.1%
Net margin
4.3%
ROE
8.9%
Debt ratio
52.7%
FCF (TTM)
$797M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2021-09-30: EPS -0.29 2021-12-31: EPS -0.34 2022-03-31: EPS -0.20 2022-06-30: EPS -1.18 2022-09-30: EPS -0.65 2022-12-31: EPS -0.20 2023-03-31: EPS -0.74 2023-06-30: EPS -2.25 2023-09-30: EPS -0.07 2023-12-31: EPS -0.24 2024-03-31: EPS 0.12 2024-06-30: EPS -0.28 2024-09-30: EPS 0.16 2024-12-31: EPS 0.09 2025-03-31: EPS -0.42 2025-06-30: EPS -0.06 2025-09-30: EPS 0.31 2025-12-31: EPS 1.03 2026-03-31: EPS 0.62 2026-06-30: EPS 0.86 0M 456M 912M $M -2.47 -0.67 1.13 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
72 4772 9473 202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-42M96M234M 20162017201820192020202120222023202420252026
Latest quarter $183M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.