L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 23 Jan 2026
Managers listing it
28
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 6 listed it in both
Shares listed
4,887,775
combined, among listed positions
Reported value
$1.2bn
combined, at the quarter end

Among the 92 comparable managers: 21 buyers (opened or added shares) and 12 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -35,181.

Managers listing AVAV in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

28 of 28 holders

ActionFiling
Invesco Ltd1,518,731$367munder 0.1%Added+240,29219 Feb 2026 (the filing on sec.gov)
Baillie Gifford & Co1,179,811$285m0.24%Trimmed-603,86823 Jan 2026 (the filing on sec.gov)
ARK Investment Management LLC433,129$105m0.70%Added+32,67211 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP360,134$87munder 0.1%Trimmed-77,08717 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP260,207$63m0.06%Added+254,86413 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc223,255$54munder 0.1%Trimmed-16,38617 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC163,382$40munder 0.1%Added+87,88517 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP119,709$29munder 0.1%Trimmed-18,56317 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC112,856$27munder 0.1%Newnew12 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)94,550$23munder 0.1%Trimmed-181,57017 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC93,802$23munder 0.1%Trimmed-17,39627 Oct 2026 (the filing on sec.gov)
Susquehanna International Group LLP83,430$20munder 0.1%Added+70,50817 Feb 2026 (the filing on sec.gov)
Davidson Kempner Capital Management LP40,000$9.7m0.11%Added+17,50017 Feb 2026 (the filing on sec.gov)
Man Group PLC37,899$9.2munder 0.1%Added+32,08417 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP28,661$6.9m0.05%Added+25,97417 Feb 2026 (the filing on sec.gov)
Moore Capital Management LP27,161$6.6m0.09%Newnew17 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC17,733$4.3munder 0.1%Added+4,53313 Feb 2026 (the filing on sec.gov)
Winton Group Ltd17,123$4.1m0.14%Newnew11 Feb 2026 (the filing on sec.gov)
Millennium Management LLC14,706$3.6munder 0.1%Added+8,10617 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd14,386$3.5munder 0.1%Added+69117 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC12,290$3.0munder 0.1%Trimmed-4,15413 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC12,091$2.9munder 0.1%Added+3,86017 Feb 2026 (the filing on sec.gov)
Hudson Bay Capital Management LP10,133$2.5munder 0.1%Added+9,76813 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP4,558$1.1munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC3,959$958kunder 0.1%Added+1,57712 Feb 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 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.
4 in Q3 2024 to 3 in Q2 2026

Tracked managers listing it, at least.

0510152014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
AVAV by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20132$13mn.a.n.a.
Q3 20131$1.1mn.a.n.a.
Q4 20132$19mn.a.n.a.
Q1 20145$33mn.a.n.a.
Q2 20143$10mn.a.n.a.
Q3 20142$8.7mn.a.n.a.
Q4 20141$7.2mn.a.n.a.
Q1 20151$7.0mn.a.n.a.
Q2 20151$6.9mn.a.n.a.
Q3 20151$5.3mn.a.n.a.
Q4 20151$7.8mn.a.n.a.
Q1 20161$6.5mn.a.n.a.
Q2 20161$6.4mn.a.n.a.
Q3 20161$7.0mn.a.n.a.
Q4 20162$11mn.a.n.a.
Q1 20172$11mn.a.n.a.
Q2 20173$56mn.a.n.a.
Q3 20174$66mn.a.n.a.
Q4 20173$35mn.a.n.a.
Q1 20182$32mn.a.n.a.
Q2 20183$72mn.a.n.a.
Q3 20183$116mn.a.n.a.
Q4 20182$59mn.a.n.a.
Q1 20192$62mn.a.n.a.
Q2 20193$56mn.a.n.a.
Q3 20193$54mn.a.n.a.
Q4 20193$63mn.a.n.a.
Q1 20205$98mn.a.n.a.
Q2 20206$92mn.a.n.a.
Q3 20204$71mn.a.n.a.
Q4 20203$117mn.a.n.a.
Q1 20214$177mn.a.n.a.
Q2 20214$139mn.a.n.a.
Q3 20213$156mn.a.n.a.
Q4 20213$115mn.a.n.a.
Q1 20224$193mn.a.n.a.
Q2 20222$155mn.a.n.a.
Q3 20222$123mn.a.n.a.
Q4 20222$120mn.a.n.a.
Q1 20233$125mn.a.n.a.
Q2 20233$143mn.a.n.a.
Q3 20233$150mn.a.n.a.
Q4 20233$150m03
Q1 20242$169m03
Q2 20244$430m31
Q3 20244$545m23
Q4 20242$369m11
Q1 20255$332m41
Q2 20255$789m42
Q3 20256$1.2bn42
Q4 202511$963m2112
Q1 20266$351m1516
Q2 20263$264m1814

Compare with…

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

AVAV and RTX →AVAV and BA →AVAV and TDG →Choose a stock to compare with AVAV →

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