Q2 Holdings, Inc.
US ˙ NYSE ˙ US74736L1098

SecurityQTWO / Q2 Holdings, Inc.
InstitutionSei Investments Co
Latest Disclosed Ownership160,857 shares
Latest Disclosed Value $ 11,607,395
Sei Investments Co reports 9.73% decrease in ownership of QTWO / Q2 Holdings, Inc.

On February 13, 2026 - Sei Investments Co filed a 13F-HR form disclosing ownership of 160,857 shares of Q2 Holdings, Inc. (US:QTWO) valued at $11,607,441 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 13, 2025 disclosing 178,188 shares of Q2 Holdings, Inc.. This represents a change in shares of -9.73% during the quarter. The current value of the position is $7,306,125 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-02-13 2025-12-31 13F Q2 HLDGS COM 74736L109 160,857 -17,331 -9.73 11,607 -10.02 0.0115
2025-11-13 2025-09-30 13F Q2 HLDGS COM 74736L109 178,188 -5,733 -3.12 12,899 -25.06 0.0139
2025-08-14 2025-06-30 13F Q2 HLDGS COM 74736L109 183,921 11,676 6.78 17,213 24.90 0.0200
2025-05-14 2025-03-31 13F/A-1 Q2 HLDGS COM 74736L109 172,245 -16,893 -8.93 13,781 -27.60 0.0177
2025-05-13 2025-03-31 13F Q2 HLDGS COM 74736L109 184,692 -4,446 18,332 0.0199
2025-02-11 2024-12-31 13F Q2 HLDGS COM 74736L109 189,138 -98,365 -34.21 19,036 -17.00 0.0244
2024-11-12 2024-09-30 13F Q2 HLDGS COM 74736L109 287,503 8,454 3.03 22,934 36.24 0.0298
2024-08-13 2024-06-30 13F Q2 HLDGS COM 74736L109 279,049 33,904 13.83 16,835 30.66 0.0239
2024-05-07 2024-03-31 13F Q2 HLDGS COM 74736L109 245,145 93,837 62.02 12,885 96.16 0.0189
2024-02-14 2023-12-31 13F Q2 HLDGS COM 74736L109 151,308 16,406 12.16 6,568 50.88 0.0105
2023-11-14 2023-09-30 13F Q2 HLDGS COM 74736L109 134,902 -36,879 -21.47 4,353 -17.99 0.0078
2023-08-11 2023-06-30 13F Q2 HLDGS COM 74736L109 171,781 22,079 14.75 5,308 44.04 0.0093
2023-05-12 2023-03-31 13F Q2 HLDGS COM 74736L109 149,702 50,789 51.35 3,686 38.69 0.0068
2023-02-10 2022-12-31 13F Q2 HLDGS COM 74736L109 98,913 -102,751 -50.95 2,658 -59.09 0.0059
2022-11-14 2022-09-30 13F Q2 HLDGS COM 74736L109 201,664 -48,240 -19.30 6,494 -32.60 0.0145
2022-08-15 2022-06-30 13F Q2 HLDGS COM 74736L109 249,904 79,047 46.27 9,635 -8.74 0.0208
2022-05-13 2022-03-31 13F Q2 HLDGS COM 74736L109 170,857 -25,655 -13.06 10,558 -32.45 0.0212
2022-02-14 2021-12-31 13F Q2 HLDGS COM 74736L109 196,512 37,433 23.53 15,629 22.34 0.0293
2021-11-12 2021-09-30 13F Q2 HLDGS COM 74736L109 159,079 41,791 35.63 12,775 6.26 0.0268
2021-08-06 2021-06-30 13F Q2 HLDGS COM 74736L109 117,288 7,077 6.42 12,022 7.75 0.0267
2021-05-12 2021-03-31 13F Q2 HLDGS COM 74736L109 110,211 -12,137 -9.92 11,157 -27.93 0.0281
2021-02-08 2020-12-31 13F Q2 HLDGS COM 74736L109 122,348 1,091 0.90 15,480 40.05 0.0400
2020-12-04 2020-09-30 13F/A-1 Q2 HLDGS COM 74736L109 121,257 3,243 2.75 11,053 9.26 0.0320
2020-11-06 2020-09-30 13F Q2 HLDGS COM 74736L109 123,121 5,107 11,223 27,022.4887
2020-08-17 2020-06-30 13F/A-1 Q2 HLDGS COM 74736L109 118,014 25,018 26.90 10,116 83.39 0.0314
2020-08-11 2020-06-30 13F Q2 HLDGS COM 74736L109 50,426 -42,570 4,106 11,137.7436
2020-05-14 2020-03-31 13F Q2 HLDGS COM 74736L109 92,996 44,810 92.99 5,516 40.93 0.0203
2020-02-06 2019-12-31 13F Q2 HLDGS COM 74736L109 48,186 4,264 9.71 3,914 12.63 0.0117
2019-11-12 2019-09-30 13F Q2 HLDGS COM 74736L109 43,922 -13,959 -24.12 3,475 -21.61 0.0089
2019-08-14 2019-06-30 13F Q2 HLDGS COM 74736L109 57,881 7,986 16.01 4,433 27.68 0.0145
2019-05-15 2019-03-31 13F Q2 HLDGS COM 74736L109 49,895 -13,302 -21.05 3,472 -8.90 0.0117
2019-02-13 2018-12-31 13F Q2 HLDGS COM 74736L109 63,197 1,059 1.70 3,811 1.11 0.0136
2018-11-08 2018-09-30 13F Q2 HLDGS COM 74736L109 62,138 33,717 118.63 3,769 132.51 0.0137
2018-08-03 2018-06-30 13F Q2 HLDGS COM 74736L109 28,421 21,204 293.81 1,621 392.71 0.0055
2018-05-11 2018-03-31 13F Q2 HLDGS COM 74736L109 7,217 1,080 17.60 329 45.58 0.0013
2018-02-08 2017-12-31 13F Q2 HLDGS COM 74736L109 6,137 -159 -2.53 226 -13.74 0.0008
2017-11-06 2017-09-30 13F Q2 HLDGS COM 74736L109 6,296 2,739 77.00 262 100.00 0.0009
2017-07-31 2017-06-30 13F Q2 HLDGS COM 74736L109 3,557 959 36.91 131 43.96 0.0005
2017-05-05 2017-03-31 13F Q2 HLDGS COM 74736L109 2,598 351 15.62 91 40.00 0.0004
2017-02-02 2016-12-31 13F Q2 HLDGS COM 74736L109 2,247 -15 -0.66 65 0.00 0.0003
2016-11-04 2016-09-30 13F Q2 HLDGS COM 74736L109 2,262 913 67.68 65 71.05 0.0003
2016-08-11 2016-06-30 13F Q2 HLDGS COM 74736L109 1,349 459 51.57 38 80.95 0.0002
2016-05-10 2016-03-31 13F/A-1 Q2 HLDGS COM 74736L109 890 -402 -31.11 21 -38.24 0.0001
2016-02-03 2015-12-31 13F Q2 HLDGS COM 74736L109 1,292 594 85.10 34 100.00 0.0002
2015-11-02 2015-09-30 13F/A-1 Q2 HLDGS COM 74736L109 698 698 17 0.0002
2015-10-30 2015-09-30 13F DIREXION SHS ETF TR COM 74736L109 698 18
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.