L3VLUP
Quarter end
30 Sep 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 29 Oct 2025
Managers listing it
17
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q2 2025 and Q3 2025; 13 listed it in both
Shares listed
85,295,997
combined, among listed positions
Reported value
$11.4bn
combined, at the quarter end

Among the 95 comparable managers: 10 buyers (opened or added shares) and 9 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 APO 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.

17 of 17 holders

ActionFiling
Capital World Investors28,219,600$3.8bn0.51%Trimmed-1,054,76313 Nov 2025 (the filing on sec.gov)
Fidelity (FMR LLC)24,717,099$3.3bn0.17%Added+6,837,87713 Nov 2025 (the filing on sec.gov)
Capital Research Global Investors9,277,951$1.2bn0.23%Added+275,99913 Nov 2025 (the filing on sec.gov)
Tiger Global Management LLC6,209,496$828m2.56%Held014 Nov 2025 (the filing on sec.gov)
T. Rowe Price Associates Inc5,898,720$786m0.08%Added+3,382,81114 Nov 2025 (the filing on sec.gov)
Neuberger Berman Group LLC2,780,301$371m0.27%Added+12,67827 Oct 2026 (the filing on sec.gov)
Invesco Ltd2,187,895$292munder 0.1%Trimmed-1,339,95913 Nov 2025 (the filing on sec.gov)
D1 Capital Partners LP1,159,000$154m1.77%Trimmed-256,00014 Nov 2025 (the filing on sec.gov)
Janus Henderson Group Ltd1,123,392$150m0.07%Added+39,48414 Nov 2025 (the filing on sec.gov)
Markel Group Inc1,012,500$135m1.10%Held031 Oct 2025 (the filing on sec.gov)
AllianceBernstein LP932,160$124munder 0.1%Trimmed-372,82714 Nov 2025 (the filing on sec.gov)
Jane Street Group LLC929,103$124munder 0.1%Newnew14 Nov 2025 (the filing on sec.gov)
Third Point LLC650,000$87m0.96%Trimmed-625,00014 Nov 2025 (the filing on sec.gov)
Woodline Partners LP60,806$8.1munder 0.1%Addedn.a.14 Nov 2025 (the filing on sec.gov)
ExodusPoint Capital Management LP59,891$8.0m0.08%Newnew14 Nov 2025 (the filing on sec.gov)
Moore Capital Management LP40,500$5.4m0.07%Added+22,00014 Nov 2025 (the filing on sec.gov)
Holocene Advisors LP37,583$5.0munder 0.1%Addedn.a.14 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.
25 in Q3 2024 to 17 in Q2 2026

Tracked managers listing it, at least.

010203020222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
APO by quarter
QuarterHoldersReported valueBuyersSellers
Q1 202213$3.8bnn.a.n.a.
Q2 202210$3.0bnn.a.n.a.
Q3 202214$2.8bnn.a.n.a.
Q4 202213$3.8bnn.a.n.a.
Q1 202312$4.0bnn.a.n.a.
Q2 202311$5.3bnn.a.n.a.
Q3 202321$7.2bnn.a.n.a.
Q4 202322$8.0bn139
Q1 202423$10.0bn129
Q2 202427$11.6bn159
Q3 202425$12.6bn1411
Q4 202424$15.8bn1212
Q1 202526$11.5bn1512
Q2 202523$11.7bn1111
Q3 202517$11.4bn109
Q4 202513$12.0bn1516
Q1 202617$9.2bn1916
Q2 202617$9.6bn1519

Compare with…

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

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

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