Q2 Holdings, Inc.
MX ˙ BMV ˙ US74736L1098
SecurityMX:QTWO / Q2 Holdings, Inc.
InstitutionFred Alger Management, Llc
Latest Disclosed Ownership73,588 shares
Latest Disclosed Value $ 3,480,712
Fred Alger Management, Llc reports 18.53% decrease in ownership of QTWO / Q2 Holdings, Inc.

On May 15, 2026 - Fred Alger Management, Llc filed a 13F-HR form disclosing ownership of 73,588 shares of Q2 Holdings, Inc. (MX:QTWO) valued at $3,480,712 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 90,322 shares of Q2 Holdings, Inc.. This represents a change in shares of -18.53% during the quarter.

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)
2026-05-15 2026-03-31 13F Q2 Holdings Equity 74736L109 73,588 -16,734 -18.53 3,481 -46.60 0.0097
2026-02-17 2025-12-31 13F Q2 Holdings Equity 74736L109 90,322 -300,786 -76.91 6,518 -76.98 0.0256
2025-11-14 2025-09-30 13F Q2 Holdings Equity 74736L109 391,108 -39,103 -9.09 28,312 -29.68 0.1102
2025-08-14 2025-06-30 13F Q2 Holdings Equity 74736L109 430,211 -104,512 -19.55 40,263 -5.89 0.1802
2025-05-16 2025-03-31 13F Q2 Holdings Equity 74736L109 534,723 -171,403 -24.27 42,783 -39.80 0.2436
2025-02-14 2024-12-31 13F Q2 Holdings Equity 74736L109 706,126 -122,012 -14.73 71,072 7.59 0.3386
2024-11-14 2024-09-30 13F Q2 HOLDINGS Common 74736L109 828,138 -47,265 -5.40 66,061 25.08 0.3202
2024-08-14 2024-06-30 13F Q2 HOLDINGS Common 74736L109 875,403 -138,484 -13.66 52,813 -0.89 0.2567
2024-05-15 2024-03-31 13F Q2 HOLDINGS Common 74736L109 1,013,887 -4,827 -0.47 53,290 20.50 0.2642
2024-02-14 2023-12-31 13F Q2 HOLDINGS Common 74736L109 1,018,714 -39,950 -3.77 44,222 29.44 0.2386
2023-11-14 2023-09-30 13F Q2 HOLDINGS Common 74736L109 1,058,664 -10,892 -1.02 34,163 3.37 0.1811
2023-11-14 2023-09-30 13F Q2 HOLDINGS Common 74736L109 1,058,664 34,163
2023-08-14 2023-06-30 13F Q2 HOLDINGS Common 74736L109 1,069,556 -220,875 -17.12 33,049 4.03 0.1688
2023-05-16 2023-03-31 13F/A-1 Q2 HOLDINGS Common 74736L109 1,290,431 -495,042 -27.73 31,770 -33.78 0.1699
2023-05-15 2023-03-31 13F Q2 HOLDINGS Common 74736L109 1,290,431 -495,042 31,770 0.1575
2023-02-14 2022-12-31 13F Q2 HOLDINGS Common 74736L109 1,785,473 -353,651 -16.53 47,976 -30.35 0.2600
2022-11-15 2022-09-30 13F Q2 HOLDINGS Common 74736L109 2,139,124 11,696 0.55 68,880 -16.06 0.3490
2022-08-15 2022-06-30 13F Q2 HOLDINGS Common 74736L109 2,127,428 337,403 18.85 82,055 -25.64 0.3832
2022-05-16 2022-03-31 13F Q2 HOLDINGS Common 74736L109 1,790,025 7,786 0.44 110,355 -22.06 0.3526
2022-02-14 2021-12-31 13F Q2 HOLDINGS Common 74736L109 1,782,239 135,058 8.20 141,581 7.25 0.3547
2021-11-15 2021-09-30 13F Q2 HOLDINGS Common 74736L109 1,647,181 7,489 0.46 132,005 -21.52 0.3147
2021-08-16 2021-06-30 13F Q2 HOLDINGS Common 74736L109 1,639,692 302,035 22.58 168,200 25.49 0.3970
2021-05-17 2021-03-31 13F Q2 HOLDINGS Common 74736L109 1,337,657 31,434 2.41 134,033 -18.90 0.3507
2021-02-16 2020-12-31 13F Q2 HOLDINGS Common 74736L109 1,306,223 39,143 3.09 165,276 42.93 0.4300
2020-11-13 2020-09-30 13F Q2 HOLDINGS Common 74736L109 1,267,080 3,364 0.27 115,634 6.66 0.3357
2020-08-14 2020-06-30 13F Q2 HOLDINGS Common 74736L109 1,263,716 206,420 19.52 108,414 73.62 0.3572
2020-05-19 2020-03-31 13F/A-1 Q2 HOLDINGS Common 74736L109 1,057,296 17,822 1.71 62,444 -25.91 0.2744
2020-05-15 2020-03-31 13F Q2 HOLDINGS Common 74736L109 1,057,296 17,822 62,444 274,738.3169
2020-02-14 2019-12-31 13F Q2 HOLDINGS Common 74736L109 1,039,474 12,934 1.26 84,281 4.10 0.3102
2019-11-14 2019-09-30 13F Q2 HOLDINGS Common 74736L109 1,026,540 50,127 5.13 80,963 8.59 0.3177
2019-08-14 2019-06-30 13F Q2 HOLDINGS Common 74736L109 976,413 281,353 40.48 74,559 54.88 0.2864
2019-05-14 2019-03-31 13F Q2 HOLDINGS Common 74736L109 695,060 185,419 36.38 48,140 90.63 0.1917
2019-02-14 2018-12-31 13F Q2 HOLDINGS Common 74736L109 509,641 38,280 8.12 25,253 -11.52 0.1162
2018-11-14 2018-09-30 13F Q2 HOLDINGS Common 74736L109 471,361 89,327 23.38 28,541 30.95 0.1072
2018-07-19 2018-06-30 13F Q2 HOLDINGS Common 74736L109 382,034 145,972 61.84 21,795 102.69 0.0915
2018-05-10 2018-03-31 13F Q2 HOLDINGS Common 74736L109 236,062 99,742 73.17 10,753 114.08 0.0500
2018-02-14 2017-12-31 13F Q2 HOLDINGS Common 74736L109 136,320 -6,677 -4.67 5,023 -15.66 0.0227
2017-11-14 2017-09-30 13F Q2 HOLDINGS Common 74736L109 142,997 -736 -0.51 5,956 12.14 0.0279
2017-08-14 2017-06-30 13F Q2 HOLDINGS Common 74736L109 143,733 -54,518 -27.50 5,311 -23.13 0.0254
2017-05-15 2017-03-31 13F Q2 HOLDINGS Common 74736L109 198,251 66,616 50.61 6,909 81.91 0.0344
2017-02-14 2016-12-31 13F Q2 HOLDINGS Common 74736L109 131,635 57,666 77.96 3,798 79.15 0.0207
2016-11-14 2016-09-30 13F Q2 HOLDINGS Common 74736L109 73,969 73,969 2,120 0.0109
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.