Most Active Hedge Funds — Q3 2025

Funds ranked by portfolio turnover — the percentage of holdings that changed between quarters. High turnover indicates active trading and portfolio repositioning.

#FundPortfolio ValueTurnover %NewClosed

Data sourced from SEC 13F filings for Q3 2025. Filings are delayed up to 45 days after quarter end.

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Frequently Asked Questions

How is turnover calculated?

Portfolio turnover measures the percentage of a fund's holdings that changed between the current and previous quarter, based on new and closed positions relative to total holdings.

When is this data updated?

13F filings are due 45 days after each quarter end. Data is updated as new filings become available.