Q2 Holdings Inc (QTWO) — Who's Buying and Selling (13F, Q2 2026)

QTWO ranks #1911 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

QTWO is a top-conviction position for Tensile Capital Management LP — at 5.8% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in QTWO belongs to BlackRock, Inc., but the position matters far more to Tensile Capital Management LP, who has 5.8% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Israel Englander has added to its QTWO position for two straight quarters, increasing it by $67.2M to reach $86.9M today.

Capital Research Global Investors has trimmed its QTWO position for two straight quarters, cutting it by $155.5M while still holding $71.2M.

QTWO is down 0.8% today, but institutions show net buying of $402.6M this quarter — a divergence between today's price move and the underlying institutional flow.

QTWO posted net income of $92.0M over the trailing twelve months, and currently trades at a P/E of 46.1.

• Profitable — net income of $92.0M over the trailing twelve months
• Revenue grew 13.9% year over year
• Net income improved year over year, from $4.9M to $92.0M
• Generated $201.5M in positive operating cash flow
• Current ratio of 1.02x — below the conventional 1.5x liquidity buffer
• Liabilities run 0.93x equity — within a conventional range