L3VLUP
Quarter end
30 Sep 2025
the date the book describes
Filed
14 Nov 2025
latest of these filings; the earliest 29 Oct 2025
Managers listing it
16
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q2 2025 and Q3 2025; 15 listed it in both
Shares listed
37,132,007
combined, among listed positions
Reported value
$11.5bn
combined, at the quarter end

Among the 95 comparable managers: 6 buyers (opened or added shares) and 12 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.

Managers listing AJG in Q3 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q2 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

16 of 16 holders

ActionFiling
Fidelity (FMR LLC)12,532,601$3.9bn0.20%Trimmed-530,59213 Nov 2025 (the filing on sec.gov)
Capital World Investors11,783,119$3.6bn0.50%Added+101,29813 Nov 2025 (the filing on sec.gov)
Wellington Management Group LLP3,270,807$1.0bn0.18%Added+395,30414 Nov 2025 (the filing on sec.gov)
Invesco Ltd1,647,624$510m0.08%Trimmed-707,00813 Nov 2025 (the filing on sec.gov)
Janus Henderson Group Ltd1,630,287$505m0.23%Added+81,99614 Nov 2025 (the filing on sec.gov)
Capital Research Global Investors1,540,553$477m0.09%Trimmed-4,26113 Nov 2025 (the filing on sec.gov)
MFS Investment Management1,333,179$413m0.13%Trimmed-1,401,45629 Oct 2025 (the filing on sec.gov)
AllianceBernstein LP1,035,632$321m0.10%Trimmed-90,46114 Nov 2025 (the filing on sec.gov)
Baillie Gifford & Co908,885$282m0.21%Trimmed-31,64331 Oct 2025 (the filing on sec.gov)
Balyasny Asset Management LLC628,509$195m0.25%Trimmed-141,88514 Nov 2025 (the filing on sec.gov)
Renaissance Technologies LLC400,500$124m0.16%Added+50,90013 Nov 2025 (the filing on sec.gov)
Moore Capital Management LP145,184$45m0.62%Added+16,75214 Nov 2025 (the filing on sec.gov)
Freestone Grove Partners LP110,811$34m0.26%Trimmed-104,25414 Nov 2025 (the filing on sec.gov)
Marshall Wace LLP99,597$31munder 0.1%Trimmed-47,54113 Nov 2025 (the filing on sec.gov)
Bridgewater Associates LP39,190$12munder 0.1%Newnew13 Nov 2025 (the filing on sec.gov)
GAMCO Investors Inc25,529$7.9m0.08%Trimmed-19912 Nov 2025 (the filing on sec.gov)

Largest increases and reductions, by shares

Q2 2025 to Q3 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.
14 in Q3 2024 to 16 in Q2 2026

Tracked managers listing it, at least.

0102030402014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
AJG by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20137$597mn.a.n.a.
Q3 201310$591mn.a.n.a.
Q4 20136$257mn.a.n.a.
Q1 20142$169mn.a.n.a.
Q2 20148$331mn.a.n.a.
Q3 20147$228mn.a.n.a.
Q4 20148$285mn.a.n.a.
Q1 201510$266mn.a.n.a.
Q2 20155$244mn.a.n.a.
Q3 201511$285mn.a.n.a.
Q4 20156$112mn.a.n.a.
Q1 20169$252mn.a.n.a.
Q2 20165$167mn.a.n.a.
Q3 20163$259mn.a.n.a.
Q4 20164$240mn.a.n.a.
Q1 20177$393mn.a.n.a.
Q2 201712$652mn.a.n.a.
Q3 20178$702mn.a.n.a.
Q4 20179$1.1bnn.a.n.a.
Q1 201816$1.4bnn.a.n.a.
Q2 201814$1.4bnn.a.n.a.
Q3 201812$1.3bnn.a.n.a.
Q4 201814$1.3bnn.a.n.a.
Q1 201916$1.2bnn.a.n.a.
Q2 201912$1.5bnn.a.n.a.
Q3 201910$1.7bnn.a.n.a.
Q4 201911$1.7bnn.a.n.a.
Q1 202010$1.5bnn.a.n.a.
Q2 20206$1.9bnn.a.n.a.
Q3 202015$2.2bnn.a.n.a.
Q4 20207$3.5bnn.a.n.a.
Q1 202111$3.7bnn.a.n.a.
Q2 202116$4.5bnn.a.n.a.
Q3 202119$4.8bnn.a.n.a.
Q4 202118$5.3bnn.a.n.a.
Q1 202217$5.1bnn.a.n.a.
Q2 202210$4.9bnn.a.n.a.
Q3 202216$5.2bnn.a.n.a.
Q4 202217$5.8bnn.a.n.a.
Q1 202317$5.6bnn.a.n.a.
Q2 202314$6.1bnn.a.n.a.
Q3 202314$6.7bnn.a.n.a.
Q4 202312$6.2bn67
Q1 202414$6.7bn77
Q2 202412$7.5bn66
Q3 202414$8.3bn77
Q4 202433$12.4bn265
Q1 202521$14.2bn1313
Q2 202522$13.2bn158
Q3 202516$11.5bn612
Q4 202514$10.4bn2017
Q1 202617$10.7bn1719
Q2 202616$11.6bn2016

Compare with…

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

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

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 AJG, latest filings →Back to the 13F Explorer →