- Quarter end
- 30 Sep 2025
- the date the book describes
- Filed
- 17 Nov 2025
- latest of these filings; the earliest 13 Nov 2025
- Managers listing it
- 7
- at least, of 95 tracked, among listed positions
- Comparable managers
- 95
- filed both Q2 2025 and Q3 2025; 4 listed it in both
- Shares listed
- 11,093,175
- combined, among listed positions
- Reported value
- $922m
- combined, at the quarter end
Among the 95 comparable managers: 4 buyers (opened or added shares) and 2 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 ARE in Q3 2025
7 of 7 holders
| Action | Filing | |||||
|---|---|---|---|---|---|---|
| Invesco Ltd | 3,821,880 | $319m | 0.05% | Added | n.a. | 13 Nov 2025 (the filing on sec.gov) |
| Capital World Investors | 3,691,381 | $308m | under 0.1% | Trimmed | -106,411 | 13 Nov 2025 (the filing on sec.gov) |
| AQR Capital Management LLC | 2,564,915 | $212m | 0.14% | Added | +531,668 | 14 Nov 2025 (the filing on sec.gov) |
| Arrowstreet Capital LP | 660,512 | $55m | under 0.1% | Trimmed | -97,021 | 13 Nov 2025 (the filing on sec.gov) |
| Point72 Asset Management LP | 289,090 | $24m | under 0.1% | New | new | 14 Nov 2025 (the filing on sec.gov) |
| Brevan Howard Capital Management LP | 37,630 | $3.1m | under 0.1% | Added | n.a. | 14 Nov 2025 (the filing on sec.gov) |
| Caxton Associates LLP | 27,767 | $2.3m | 0.05% | Held | 0 | 17 Nov 2025 (the filing on sec.gov) |
Largest increases and reductions, by shares
Increases
- AQR Capital Management LLCexisting position · 2,564,915 shares now+531,668
- Point72 Asset Management LPnew position · 289,090 shares now+289,090
Reductions
- Capital World Investorsexisting position · 3,691,381 shares now-106,411
- Arrowstreet Capital LPexisting position · 660,512 shares now-97,021
New positions and exits
New (1)
Exited (0)
No exit shown by a manager’s own filing.
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q2 2013 | 5 | $57m | n.a. | n.a. |
| Q3 2013 | 6 | $72m | n.a. | n.a. |
| Q4 2013 | 2 | $36m | n.a. | n.a. |
| Q1 2014 | 4 | $137m | n.a. | n.a. |
| Q2 2014 | 5 | $178m | n.a. | n.a. |
| Q3 2014 | 4 | $134m | n.a. | n.a. |
| Q4 2014 | 5 | $530m | n.a. | n.a. |
| Q1 2015 | 4 | $698m | n.a. | n.a. |
| Q2 2015 | 4 | $666m | n.a. | n.a. |
| Q3 2015 | 8 | $697m | n.a. | n.a. |
| Q4 2015 | 5 | $340m | n.a. | n.a. |
| Q1 2016 | 3 | $316m | n.a. | n.a. |
| Q2 2016 | 3 | $497m | n.a. | n.a. |
| Q3 2016 | 5 | $487m | n.a. | n.a. |
| Q4 2016 | 9 | $417m | n.a. | n.a. |
| Q1 2017 | 9 | $709m | n.a. | n.a. |
| Q2 2017 | 9 | $842m | n.a. | n.a. |
| Q3 2017 | 10 | $736m | n.a. | n.a. |
| Q4 2017 | 10 | $1.1bn | n.a. | n.a. |
| Q1 2018 | 11 | $1.3bn | n.a. | n.a. |
| Q2 2018 | 13 | $1.4bn | n.a. | n.a. |
| Q3 2018 | 12 | $1.4bn | n.a. | n.a. |
| Q4 2018 | 11 | $1.1bn | n.a. | n.a. |
| Q1 2019 | 9 | $1.6bn | n.a. | n.a. |
| Q2 2019 | 18 | $2.2bn | n.a. | n.a. |
| Q3 2019 | 14 | $2.3bn | n.a. | n.a. |
| Q4 2019 | 14 | $2.6bn | n.a. | n.a. |
| Q1 2020 | 15 | $2.1bn | n.a. | n.a. |
| Q2 2020 | 11 | $2.2bn | n.a. | n.a. |
| Q3 2020 | 16 | $2.8bn | n.a. | n.a. |
| Q4 2020 | 10 | $2.5bn | n.a. | n.a. |
| Q1 2021 | 13 | $2.0bn | n.a. | n.a. |
| Q2 2021 | 15 | $2.9bn | n.a. | n.a. |
| Q3 2021 | 13 | $3.5bn | n.a. | n.a. |
| Q4 2021 | 13 | $3.8bn | n.a. | n.a. |
| Q1 2022 | 16 | $2.6bn | n.a. | n.a. |
| Q2 2022 | 15 | $1.4bn | n.a. | n.a. |
| Q3 2022 | 11 | $1.2bn | n.a. | n.a. |
| Q4 2022 | 8 | $910m | n.a. | n.a. |
| Q1 2023 | 10 | $782m | n.a. | n.a. |
| Q2 2023 | 9 | $573m | n.a. | n.a. |
| Q3 2023 | 8 | $498m | n.a. | n.a. |
| Q4 2023 | 4 | $690m | 3 | 3 |
| Q1 2024 | 6 | $800m | 6 | 1 |
| Q2 2024 | 8 | $786m | 5 | 3 |
| Q3 2024 | 8 | $742m | 5 | 3 |
| Q4 2024 | 10 | $505m | 6 | 4 |
| Q1 2025 | 8 | $804m | 6 | 3 |
| Q2 2025 | 8 | $534m | 8 | 0 |
| Q3 2025 | 7 | $922m | 4 | 2 |
| Q4 2025 | 5 | $295m | 21 | 11 |
| Q1 2026 | 6 | $341m | 14 | 17 |
| Q2 2026 | 6 | $861m | 10 | 19 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
ARE and WELL →ARE and EQIX →ARE and PLD →Choose a stock to compare with ARE →
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 ARE, latest filings →Back to the 13F Explorer →