Capital Research Global Investors filed an amendment to a Schedule 13G/A reporting beneficial ownership of 1,620,408 shares of Q2 Holdings, Inc. common stock, representing 2.6% of 62,404,372 shares outstanding as stated. The filing lists sole voting and dispositive power over the reported shares.
The filing identifies the reporting entity and its related investment management entities, provides a CUSIP of 74736L109, and is signed by a Vice President and Senior Counsel on 05/11/2026.
Positive
None.
Negative
None.
Insights
Institutional holder reports a modest 2.6% stake in Q2 Holdings.
The filing shows Capital Research Global Investors as the beneficial owner of 1,620,408 shares, with sole voting and dispositive power. The filing also lists related investment management entities that operate under the CRGI name.
Ownership at 2.6% of 62,404,372 shares outstanding is below typical 5% disclosure thresholds for activist signaling; subsequent filings would show any material changes.
Key Figures
Shares beneficially owned:1,620,408 sharesPercent of class:2.6%Shares outstanding:62,404,372 shares+2 more
Percent of class2.6%percent of class based on filing
Shares outstanding62,404,372 sharesshares believed to be outstanding (as stated)
CUSIP74736L109Q2 Holdings common stock identifier
Signature date05/11/2026filing signature date
Key Terms
Schedule 13G/A, beneficial owner, sole dispositive power, sole voting power
4 terms
Schedule 13G/Aregulatory
"Amendment to Schedule 13G/A reporting beneficial ownership"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficial ownerregulatory
"CRGI is deemed to be the beneficial owner of 1,620,408 shares"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
sole dispositive powerregulatory
"Sole power to dispose or to direct the disposition of: 1,620,408"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
sole voting powerregulatory
"Sole power to vote or to direct the vote: 1,620,408"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
How many Q2 Holdings (QTWO) shares does Capital Research report owning?
Capital Research Global Investors reports beneficial ownership of 1,620,408 shares. The filing states this figure as the number of shares with sole voting and dispositive power held by the reporting entity.
What percentage of QTWO does the 1,620,408 shares represent?
The filing states the reported stake equals 2.6% of the class. That percentage is calculated relative to 62,404,372 shares the filing identifies as outstanding.
Does Capital Research have voting control over the reported QTWO shares?
Yes. The Schedule 13G/A discloses sole voting power of 1,620,408 shares and sole dispositive power of 1,620,408 shares, with no shared voting or dispositive power listed.
What document and CUSIP identify this holding disclosure for QTWO?
The holding is disclosed on an amended Schedule 13G/A for Q2 Holdings, Inc., with CUSIP 74736L109. The filing names Capital Research Global Investors and affiliated investment management entities.
When was the Schedule 13G/A signed for this QTWO position?
The Schedule 13G/A is signed by Jae Won Chung, Vice President and Senior Counsel, on 05/11/2026, as shown on the filing's signature block.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Q2 Holdings, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
74736L109
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
74736L109
1
Names of Reporting Persons
Capital Research Global Investors
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,620,408.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,620,408.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,620,408.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
2.6 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Q2 Holdings, Inc.
(b)
Address of issuer's principal executive offices:
10355 Pecan Park Boulevard, Austin, TX 78729
Item 2.
(a)
Name of person filing:
Capital Research Global Investors
(b)
Address or principal business office or, if none, residence:
333 South Hope Street, 55th Fl, Los Angeles, CA 90071
(c)
Citizenship:
N/A
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
74736L109
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
1,620,408 **
**Capital Research Global Investors ("CRGI") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CRGI's divisions of each of the investment management entities collectively provide investment management services under the name "Capital Research Global Investors." CRGI is deemed to be the beneficial owner of 1,620,408 shares or 2.6% of the 62,404,372 shares believed to be outstanding.
(b)
Percent of class:
2.6 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
1,620,408
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
1,620,408
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Capital Research Global Investors
Signature:
Jae Won Chung
Name/Title:
Vice President and Senior Counsel II, Capital Research and Management Company
