L3VLUP
Quarter end
30 Jun 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 1 Aug 2025
Managers listing it
23
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q1 2025 and Q2 2025; 20 listed it in both
Shares listed
82,606,623
combined, among listed positions
Reported value
$11.7bn
combined, at the quarter end

Among the 95 comparable managers: 11 buyers (opened or added shares) and 11 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 Q2 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q1 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

23 of 23 holders

ActionFiling
Capital World Investors29,274,363$4.2bn0.60%Added+1,094,01913 Aug 2025 (the filing on sec.gov)
Fidelity (FMR LLC)17,879,222$2.5bn0.14%Trimmed-261,78914 Aug 2025 (the filing on sec.gov)
Capital Research Global Investors9,001,952$1.3bn0.26%Added+1,887,10613 Aug 2025 (the filing on sec.gov)
Tiger Global Management LLC6,209,496$881m2.58%Held014 Aug 2025 (the filing on sec.gov)
Invesco Ltd3,527,854$500m0.09%Trimmed-93,50313 Aug 2025 (the filing on sec.gov)
Neuberger Berman Group LLC2,767,623$393m0.30%Added+10,16427 Oct 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc2,515,909$357munder 0.1%Trimmed-683,85214 Aug 2025 (the filing on sec.gov)
MFS Investment Management2,044,533$290m0.09%Trimmed-522,6458 Aug 2025 (the filing on sec.gov)
D1 Capital Partners LP1,415,000$201m2.79%Added+138,79114 Aug 2025 (the filing on sec.gov)
AllianceBernstein LP1,304,987$185m0.06%Trimmed-1,168,62714 Aug 2025 (the filing on sec.gov)
Third Point LLC1,275,000$181m2.37%Trimmed-225,00014 Aug 2025 (the filing on sec.gov)
Janus Henderson Group Ltd1,083,908$154m0.08%Trimmed-95,13914 Aug 2025 (the filing on sec.gov)
Markel Group Inc1,012,500$144m1.21%Held01 Aug 2025 (the filing on sec.gov)
Wellington Management Group LLP824,828$117munder 0.1%Addedn.a.14 Aug 2025 (the filing on sec.gov)
Two Sigma Investments LP693,398$98m0.17%Addedn.a.14 Aug 2025 (the filing on sec.gov)
Two Sigma Advisers LP660,324$94m0.19%Added+129,00014 Aug 2025 (the filing on sec.gov)
Marshall Wace LLP395,020$56m0.06%Addedn.a.13 Aug 2025 (the filing on sec.gov)
Freestone Grove Partners LP251,509$36m0.27%Added+134,31214 Aug 2025 (the filing on sec.gov)
Brevan Howard Capital Management LP155,602$22m0.13%Added+142,84214 Aug 2025 (the filing on sec.gov)
Walleye Capital LLC118,632$17m0.07%Trimmed-98,57313 Aug 2025 (the filing on sec.gov)
Artisan Partners LP112,914$16munder 0.1%Trimmed-38,60112 Aug 2025 (the filing on sec.gov)
Quantbot Technologies LP63,549$9.0m0.23%Added+23,89913 Aug 2025 (the filing on sec.gov)
Moore Capital Management LP18,500$2.6munder 0.1%Trimmed-37,50014 Aug 2025 (the filing on sec.gov)

Largest increases and reductions, by shares

Q1 2025 to Q2 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.

New (0)

No new position among listed positions.

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 →