L3VLUP
Quarter end
30 Jun 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 7 Aug 2025
Managers listing it
22
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q1 2025 and Q2 2025; 18 listed it in both
Shares listed
68,296,549
combined, among listed positions
Reported value
$2.8bn
combined, at the quarter end

Among the 95 comparable managers: 15 buyers (opened or added shares) and 6 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 AR 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.

22 of 22 holders

ActionFiling
Fidelity (FMR LLC)24,980,235$1.0bn0.06%Trimmed-681,64814 Aug 2025 (the filing on sec.gov)
Wellington Management Group LLP19,260,253$776m0.14%Added+634,23014 Aug 2025 (the filing on sec.gov)
D. E. Shaw & Co.5,034,749$203m0.14%Added+1,981,69514 Aug 2025 (the filing on sec.gov)
Neuberger Berman Group LLC3,686,411$148m0.11%Added+164,46927 Oct 2026 (the filing on sec.gov)
Two Sigma Investments LP2,815,071$113m0.20%Added+1,161,81414 Aug 2025 (the filing on sec.gov)
Two Sigma Advisers LP2,376,400$96m0.20%Added+1,119,70014 Aug 2025 (the filing on sec.gov)
Voloridge Investment Management LLC1,981,093$80m0.29%Trimmed-353,31914 Aug 2025 (the filing on sec.gov)
MFS Investment Management1,813,443$73munder 0.1%Trimmed-240,9718 Aug 2025 (the filing on sec.gov)
AQR Capital Management LLC1,443,708$58munder 0.1%Added+173,80414 Aug 2025 (the filing on sec.gov)
Renaissance Technologies LLC1,152,500$46m0.06%Added+42,30013 Aug 2025 (the filing on sec.gov)
Tudor Investment Corp736,263$30m0.06%Trimmed-386,17614 Aug 2025 (the filing on sec.gov)
Bridgewater Associates LP627,399$25m0.10%Newnew13 Aug 2025 (the filing on sec.gov)
Walleye Capital LLC560,891$23m0.09%Addedn.a.13 Aug 2025 (the filing on sec.gov)
Freestone Grove Partners LP396,901$16m0.12%Added+110,77914 Aug 2025 (the filing on sec.gov)
ExodusPoint Capital Management LP341,559$14m0.12%Addedn.a.13 Aug 2025 (the filing on sec.gov)
Acadian Asset Management LLC290,251$12munder 0.1%Added+120,0057 Aug 2025 (the filing on sec.gov)
Discovery Capital Management LLC287,800$12m0.91%Newnew14 Aug 2025 (the filing on sec.gov)
Brevan Howard Capital Management LP209,242$8.4munder 0.1%Added+155,86014 Aug 2025 (the filing on sec.gov)
Quantbot Technologies LP146,186$5.9m0.15%Added+28,18213 Aug 2025 (the filing on sec.gov)
PDT Partners LLC115,077$4.6m0.26%Trimmed-102,20714 Aug 2025 (the filing on sec.gov)
Winton Group Ltd22,839$920kunder 0.1%Trimmed-12,49014 Aug 2025 (the filing on sec.gov)
Maverick Capital Ltd18,278$736kunder 0.1%Held014 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.

Exited (0)

No exit shown by a manager’s own filing.

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.
12 in Q3 2024 to 12 in Q2 2026

Tracked managers listing it, at least.

01020302014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
AR by quarter
QuarterHoldersReported valueBuyersSellers
Q4 201310$931mn.a.n.a.
Q1 20149$812mn.a.n.a.
Q2 20148$1.2bnn.a.n.a.
Q3 20147$1.2bnn.a.n.a.
Q4 20147$779mn.a.n.a.
Q1 20156$977mn.a.n.a.
Q2 20156$793mn.a.n.a.
Q3 20155$556mn.a.n.a.
Q4 20155$673mn.a.n.a.
Q1 201610$843mn.a.n.a.
Q2 201611$672mn.a.n.a.
Q3 20164$691mn.a.n.a.
Q4 20167$719mn.a.n.a.
Q1 20179$644mn.a.n.a.
Q2 20174$724mn.a.n.a.
Q3 20173$653mn.a.n.a.
Q4 20176$690mn.a.n.a.
Q1 20183$604mn.a.n.a.
Q2 20184$852mn.a.n.a.
Q3 20184$691mn.a.n.a.
Q4 20183$324mn.a.n.a.
Q1 20197$393mn.a.n.a.
Q2 20193$168mn.a.n.a.
Q3 20192$66mn.a.n.a.
Q4 20193$8.2mn.a.n.a.
Q1 20201$907kn.a.n.a.
Q1 20215$90mn.a.n.a.
Q2 20219$184mn.a.n.a.
Q3 202110$719mn.a.n.a.
Q4 202113$793mn.a.n.a.
Q1 202216$1.8bnn.a.n.a.
Q2 202220$2.4bnn.a.n.a.
Q3 202224$2.3bnn.a.n.a.
Q4 202218$2.2bnn.a.n.a.
Q1 202315$1.7bnn.a.n.a.
Q2 202310$1.5bnn.a.n.a.
Q3 202314$1.9bnn.a.n.a.
Q4 202313$1.6bn104
Q1 202416$2.3bn123
Q2 202414$2.5bn88
Q3 202412$1.9bn95
Q4 202413$2.2bn94
Q1 202525$2.9bn197
Q2 202522$2.8bn156
Q3 202515$2.1bn109
Q4 202514$2.1bn1618
Q1 202618$2.5bn1917
Q2 202612$1.5bn2115

Compare with…

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

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

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