Two Sigma Advisers increased its Ford holdings more than elevenfold in the fourth quarter of 2025, to nearly 21.9 million shares from just over 1.8 million, according to a 13F filing with the Securities and Exchange Commission.
The stake was valued at $287 million at the end of last year.
Since then, it has jumped to $309 million, as the Detroit automaker’s share value increased by 8.9% from a close of $12.98 on December 31, 2025, to $14.13 on Tuesday’s market session.
The New York-based hedge fund first opened a position in Ford in late 2013, with an 800,000-share stake then.
Two Sigma x Ford
The firm has fully exited and returned to the stake six times since then, with the latest having been in mid-2024.
Its holdings in the automaker have varied sharply over the past ten years.
The stake first hit 10 million shares at the beginning of 2018, and then again by the end of 2020.
In mid-2023, the firm reached a record position with over 28 million shares held in Ford, worth over $437 million then.
The last time Two Sigma Advisors held over 20 million shares in the automaker was in the final months of 2023.
Institutional Ownership
Ford was listed on the New York Stock Exchange (NYSE) in 1956, nearly 40 years after General Motors became the first US automaker to go public.
According to data published by Nasdaq, 1,847 institutions collectively hold nearly 2.6 billion Ford shares as of press time.
The company’s major institutional investors are Vanguard and BlackRock — the two largest asset managers in the world.
According to its quarterly portfolio update, Vanguard held 471.7 million shares in the automaker by the end of 2025, worth nearly $6.7 billion as of press time, according to Nasdaq.
The firm purchased about 4 million shares between October and December.
BlackRock purchased 6.2 million additional shares of Ford, increasing its stake by 1.8% to a total of 350.7 million shares, valued at almost $5 billion.
State Street Corp and Charles Schwab Investment Management remained Ford‘s third and fourth largest investors, holding 198.8 million and 152 million shares, respectively.
Newport Trust, currently the fifth-largest institution with a position in the automaker, trimmed its stake by 7 million shares to 137 million, representing a 5% cut.
The Washington-based firm’s stake was valued at $1.9 billion.
Two Sigma places 17th among Ford‘s largest institutional investors, just after Renaissance Technologies.
The hedge fund slashed its holdings in the automaker by nearly 30% in the past quarter, holding 24.7 million shares by the end of December — a position worth $349 million.
