L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
34
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 14 listed it in both
Shares listed
42,136,476
combined, among listed positions
Reported value
$10.9bn
combined, at the quarter end

Among the 92 comparable managers: 20 buyers (opened or added shares) and 17 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +4,051,000.

Managers listing AJG 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.

34 of 34 holders

ActionFiling
Fidelity (FMR LLC)15,110,682$3.9bn0.20%Added+2,578,08117 Feb 2026 (the filing on sec.gov)
Capital World Investors12,613,371$3.3bn0.44%Added+830,25211 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP2,965,983$768m0.13%Trimmed-304,82417 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd1,869,559$484m0.22%Added+239,27217 Feb 2026 (the filing on sec.gov)
Invesco Ltd1,733,169$449munder 0.1%Added+85,54519 Feb 2026 (the filing on sec.gov)
Capital Research Global Investors1,548,473$401m0.07%Added+7,92011 Feb 2026 (the filing on sec.gov)
Viking Global Investors LP1,040,977$269m0.71%Newnew17 Feb 2026 (the filing on sec.gov)
Dodge & Cox880,585$228m0.12%Newnew13 Feb 2026 (the filing on sec.gov)
Baillie Gifford & Co865,260$224m0.19%Trimmed-43,62523 Jan 2026 (the filing on sec.gov)
AllianceBernstein LP793,108$205m0.06%Trimmed-242,52417 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC623,960$161munder 0.1%Added+512,74217 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc567,739$147munder 0.1%Added+171,27817 Feb 2026 (the filing on sec.gov)
Woodline Partners LP535,602$139m0.54%Newnew17 Feb 2026 (the filing on sec.gov)
Artisan Partners LP204,838$53m0.08%Newnew17 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.173,498$45munder 0.1%Added+139,10817 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC147,798$38munder 0.1%Added+1,13417 Feb 2026 (the filing on sec.gov)
MFS Investment Management134,912$35munder 0.1%Trimmed-1,198,26722 Jan 2026 (the filing on sec.gov)
Marshall Wace LLP84,329$22munder 0.1%Trimmed-15,26813 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP69,387$18munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP35,039$9.1munder 0.1%Added+11,45317 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC29,929$7.7munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC24,758$6.4munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Millennium Management LLC23,788$6.2munder 0.1%Trimmed-172,03817 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC12,796$3.3munder 0.1%Added+3,22412 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC12,397$3.2munder 0.1%Trimmed-31727 Oct 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.
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 →