- 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
- 31
- at least, of 95 tracked, among listed positions
- Comparable managers
- 92
- filed both Q3 2025 and Q4 2025; 10 listed it in both
- Shares listed
- 33,111,923
- combined, among listed positions
- Reported value
- $8.2bn
- combined, at the quarter end
Among the 92 comparable managers: 20 buyers (opened or added shares) and 11 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +1,286,582.
Managers listing APD in Q4 2025
31 of 31 holders
Largest increases and reductions, by shares
Increases
- Viking Global Investors LPexisting position · 4,782,534 shares now+1,115,415
- Citadel Advisors LLCexisting position · 1,631,039 shares now+668,490
- Dodge & Coxexisting position · 9,236,610 shares now+231,718
- D. E. Shaw & Co.existing position · 199,760 shares now+198,593
- Point72 Asset Management LPexisting position · 244,423 shares now+175,852
Reductions
- Invesco Ltdexisting position · 1,215,303 shares now-665,349
- MFS Investment Managementexisting position · 835,033 shares now-321,525
- Woodline Partners LPexisting position · 3,372 shares now-214,652
- Fidelity (FMR LLC)existing position · 1,288,315 shares now-139,321
- Neuberger Berman Group LLCexisting position · 412,754 shares now-112,024
New positions and exits
New (4)
Exited (2)
- Marshall Wace LLPwas $19m
- Brevan Howard Capital Management LPwas $404k
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q2 2013 | 13 | $2.8bn | n.a. | n.a. |
| Q3 2013 | 16 | $3.8bn | n.a. | n.a. |
| Q4 2013 | 16 | $3.5bn | n.a. | n.a. |
| Q1 2014 | 15 | $3.6bn | n.a. | n.a. |
| Q2 2014 | 15 | $4.2bn | n.a. | n.a. |
| Q3 2014 | 23 | $4.8bn | n.a. | n.a. |
| Q4 2014 | 21 | $5.6bn | n.a. | n.a. |
| Q1 2015 | 23 | $6.4bn | n.a. | n.a. |
| Q2 2015 | 24 | $5.7bn | n.a. | n.a. |
| Q3 2015 | 24 | $5.6bn | n.a. | n.a. |
| Q4 2015 | 23 | $6.0bn | n.a. | n.a. |
| Q1 2016 | 17 | $4.5bn | n.a. | n.a. |
| Q2 2016 | 22 | $5.0bn | n.a. | n.a. |
| Q3 2016 | 25 | $4.3bn | n.a. | n.a. |
| Q4 2016 | 25 | $4.4bn | n.a. | n.a. |
| Q1 2017 | 29 | $3.8bn | n.a. | n.a. |
| Q2 2017 | 26 | $3.6bn | n.a. | n.a. |
| Q3 2017 | 27 | $4.9bn | n.a. | n.a. |
| Q4 2017 | 27 | $4.7bn | n.a. | n.a. |
| Q1 2018 | 21 | $4.2bn | n.a. | n.a. |
| Q2 2018 | 23 | $4.0bn | n.a. | n.a. |
| Q3 2018 | 26 | $4.3bn | n.a. | n.a. |
| Q4 2018 | 23 | $3.7bn | n.a. | n.a. |
| Q1 2019 | 14 | $4.1bn | n.a. | n.a. |
| Q2 2019 | 15 | $4.6bn | n.a. | n.a. |
| Q3 2019 | 16 | $4.2bn | n.a. | n.a. |
| Q4 2019 | 20 | $4.5bn | n.a. | n.a. |
| Q1 2020 | 22 | $3.5bn | n.a. | n.a. |
| Q2 2020 | 20 | $3.8bn | n.a. | n.a. |
| Q3 2020 | 22 | $4.8bn | n.a. | n.a. |
| Q4 2020 | 29 | $3.6bn | n.a. | n.a. |
| Q1 2021 | 22 | $3.1bn | n.a. | n.a. |
| Q2 2021 | 23 | $3.0bn | n.a. | n.a. |
| Q3 2021 | 21 | $2.5bn | n.a. | n.a. |
| Q4 2021 | 24 | $4.2bn | n.a. | n.a. |
| Q1 2022 | 26 | $3.1bn | n.a. | n.a. |
| Q2 2022 | 20 | $2.3bn | n.a. | n.a. |
| Q3 2022 | 18 | $2.1bn | n.a. | n.a. |
| Q4 2022 | 19 | $3.8bn | n.a. | n.a. |
| Q1 2023 | 27 | $3.9bn | n.a. | n.a. |
| Q2 2023 | 23 | $3.7bn | n.a. | n.a. |
| Q3 2023 | 23 | $3.8bn | n.a. | n.a. |
| Q4 2023 | 18 | $3.9bn | 10 | 9 |
| Q1 2024 | 17 | $4.5bn | 11 | 6 |
| Q2 2024 | 13 | $5.7bn | 8 | 7 |
| Q3 2024 | 14 | $8.6bn | 7 | 6 |
| Q4 2024 | 13 | $7.8bn | 9 | 4 |
| Q1 2025 | 11 | $8.4bn | 5 | 5 |
| Q2 2025 | 13 | $7.7bn | 8 | 3 |
| Q3 2025 | 10 | $8.0bn | 5 | 3 |
| Q4 2025 | 11 | $7.3bn | 20 | 11 |
| Q1 2026 | 15 | $9.2bn | 24 | 14 |
| Q2 2026 | 15 | $9.0bn | 18 | 21 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
APD and LIN →APD and GLW →APD and HWM →Choose a stock to compare with APD →
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 APD, latest filings →Back to the 13F Explorer →