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
27
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 6 listed it in both
Shares listed
37,698,955
combined, among listed positions
Reported value
$671m
combined, at the quarter end

Among the 92 comparable managers: 13 buyers (opened or added shares) and 15 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +473,788.

Managers listing AM 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.

27 of 27 holders

ActionFiling
Invesco Ltd23,444,026$417munder 0.1%Added+776,79119 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC7,437,252$132m0.10%Added+57,67527 Oct 2026 (the filing on sec.gov)
Voloridge Investment Management LLC1,434,450$26m0.09%Added+41,73717 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP1,198,925$21munder 0.1%Added+647,63817 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP492,485$8.8munder 0.1%Trimmed-8017 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP372,811$6.6munder 0.1%Trimmed-134,15517 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.365,979$6.5munder 0.1%Trimmed-58,52817 Feb 2026 (the filing on sec.gov)
Millennium Management LLC349,570$6.2munder 0.1%Trimmed-92,68717 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp300,756$5.3munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
PDT Partners LLC282,562$5.0m0.33%Trimmed-207,67817 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)277,416$4.9munder 0.1%Added+31,99317 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc263,330$4.7munder 0.1%Added+16,03717 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC230,905$4.1munder 0.1%Trimmed-45,27813 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP218,558$3.9munder 0.1%Trimmed-223,74217 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP162,745$2.9munder 0.1%Added+148,51713 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd160,076$2.8munder 0.1%Held017 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC128,824$2.3munder 0.1%Trimmed-3,18417 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP111,731$2.0munder 0.1%Added+4,67613 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP97,100$1.7munder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC78,111$1.4munder 0.1%Added+17,96217 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP76,191$1.4munder 0.1%Trimmed-93,22710 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP60,301$1.1munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP58,300$1.0munder 0.1%Added+27,30017 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP48,134$856kunder 0.1%Trimmed-10,47017 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC23,732$422kunder 0.1%Trimmed-310,19813 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.
6 in Q3 2024 to 10 in Q2 2026

Tracked managers listing it, at least.

03581020192020202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
AM by quarter
QuarterHoldersReported valueBuyersSellers
Q1 20194$291mn.a.n.a.
Q2 20194$413mn.a.n.a.
Q3 20193$345mn.a.n.a.
Q4 20193$488mn.a.n.a.
Q1 20204$153mn.a.n.a.
Q2 20202$184mn.a.n.a.
Q3 20202$157mn.a.n.a.
Q4 20201$215mn.a.n.a.
Q1 20212$282mn.a.n.a.
Q2 20212$352mn.a.n.a.
Q3 20212$338mn.a.n.a.
Q4 20211$303mn.a.n.a.
Q1 20222$383mn.a.n.a.
Q2 20222$350mn.a.n.a.
Q3 20222$374mn.a.n.a.
Q4 20223$439mn.a.n.a.
Q1 20235$451mn.a.n.a.
Q2 20234$477mn.a.n.a.
Q3 20235$489mn.a.n.a.
Q4 20234$509m22
Q1 20245$563m42
Q2 20247$628m61
Q3 20246$643m51
Q4 20247$648m34
Q1 20258$737m62
Q2 20257$689m61
Q3 20256$634m16
Q4 20255$587m1315
Q1 20267$764m1811
Q2 202610$795m2010

Compare with…

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

AM and GEV →AM and XOM →AM and CVX →Choose a stock to compare with AM →

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