L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 10 Feb 2026
Managers listing it
28
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 7 listed it in both
Shares listed
11,156,588
combined, among listed positions
Reported value
$1.5bn
combined, at the quarter end

Among the 92 comparable managers: 18 buyers (opened or added shares) and 13 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -141,422.

Managers listing AFG in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

28 of 28 holders

ActionFiling
Fidelity (FMR LLC)6,677,603$913munder 0.1%Trimmed-235,94117 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP993,378$136munder 0.1%Trimmed-5,43417 Feb 2026 (the filing on sec.gov)
Invesco Ltd803,509$110munder 0.1%Trimmed-118,72419 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC751,273$103m0.13%Added+96,94817 Feb 2026 (the filing on sec.gov)
Woodline Partners LP438,439$60m0.23%Trimmed-183,18417 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC263,440$36munder 0.1%Added+45,36317 Feb 2026 (the filing on sec.gov)
Millennium Management LLC253,932$35munder 0.1%Added+167,83417 Feb 2026 (the filing on sec.gov)
Man Group PLC199,354$27munder 0.1%Added+82617 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP98,627$13munder 0.1%Added+18,91313 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP94,523$13munder 0.1%Added+80,31417 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC87,014$12munder 0.1%Added+70,77117 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP84,123$11munder 0.1%Trimmed-45,51617 Feb 2026 (the filing on sec.gov)
Hudson Bay Capital Management LP76,121$10munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP63,073$8.6munder 0.1%Trimmed-9,73413 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc57,260$7.8munder 0.1%Added+2,44917 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP56,464$7.7munder 0.1%Trimmed-25,58417 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP42,144$5.8munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.41,716$5.7munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Holocene Advisors LP28,983$4.0munder 0.1%Trimmed-14,21417 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC21,012$2.9munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd5,190$709kunder 0.1%Added+1,20017 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC4,079$557kunder 0.1%Newnew10 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC3,906$534kunder 0.1%Added+38327 Oct 2026 (the filing on sec.gov)
Jane Street Group LLC3,176$434kunder 0.1%Added+43912 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP3,136$429kunder 0.1%Added+1,60013 Feb 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
4 in Q3 2024 to 9 in Q2 2026

Tracked managers listing it, at least.

0510152014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
AFG by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20133$65mn.a.n.a.
Q3 20133$160mn.a.n.a.
Q4 20134$204mn.a.n.a.
Q1 20146$234mn.a.n.a.
Q2 20149$261mn.a.n.a.
Q3 20148$258mn.a.n.a.
Q4 20147$265mn.a.n.a.
Q1 20154$244mn.a.n.a.
Q2 20154$244mn.a.n.a.
Q3 20154$241mn.a.n.a.
Q4 20153$204mn.a.n.a.
Q1 20164$204mn.a.n.a.
Q2 20164$168mn.a.n.a.
Q3 20164$187mn.a.n.a.
Q4 20165$354mn.a.n.a.
Q1 20178$399mn.a.n.a.
Q2 20178$393mn.a.n.a.
Q3 20179$433mn.a.n.a.
Q4 20177$428mn.a.n.a.
Q1 20189$511mn.a.n.a.
Q2 20188$340mn.a.n.a.
Q3 201811$340mn.a.n.a.
Q4 201813$313mn.a.n.a.
Q1 201915$355mn.a.n.a.
Q2 201913$421mn.a.n.a.
Q3 201911$477mn.a.n.a.
Q4 20199$445mn.a.n.a.
Q1 20206$226mn.a.n.a.
Q2 202014$187mn.a.n.a.
Q3 20209$174mn.a.n.a.
Q4 20205$164mn.a.n.a.
Q1 20216$800mn.a.n.a.
Q2 20217$937mn.a.n.a.
Q3 20216$833mn.a.n.a.
Q4 20219$1.0bnn.a.n.a.
Q1 20229$904mn.a.n.a.
Q2 20227$890mn.a.n.a.
Q3 20228$777mn.a.n.a.
Q4 20228$817mn.a.n.a.
Q1 20238$707mn.a.n.a.
Q2 20238$663mn.a.n.a.
Q3 20235$703mn.a.n.a.
Q4 20235$723m23
Q1 20247$992m70
Q2 20245$840m23
Q3 20244$908m40
Q4 20246$945m32
Q1 20258$918m62
Q2 20256$1.0bn42
Q3 20258$1.4bn62
Q4 20259$1.3bn1813
Q1 202611$1.2bn2211
Q2 20269$1.3bn1617

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

AFG and V →AFG and AXP →AFG and BAC →Choose a stock to compare with AFG →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own AFG, latest filings →Back to the 13F Explorer →