L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
43
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 31 listed it in both
Shares listed
135,724,146
combined, among listed positions
Reported value
$29.5bn
combined, at the quarter end

Among the 92 comparable managers: 25 buyers (opened or added shares) and 20 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -6,730,983.

Managers listing BA 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.

43 of 43 holders

ActionFiling
Fidelity (FMR LLC)53,012,948$11.5bn0.59%Added+9,317,46617 Feb 2026 (the filing on sec.gov)
Capital World Investors27,189,639$5.9bn0.80%Trimmed-1,170,08711 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc11,506,446$2.5bn0.27%Trimmed-1,979,76217 Feb 2026 (the filing on sec.gov)
MFS Investment Management9,669,304$2.1bn0.68%Added+73,02622 Jan 2026 (the filing on sec.gov)
Invesco Ltd5,759,888$1.3bn0.12%Added+1,378,16919 Feb 2026 (the filing on sec.gov)
Capital Research Global Investors4,354,889$946m0.17%Trimmed-11,091,89111 Feb 2026 (the filing on sec.gov)
Viking Global Investors LP3,953,087$858m2.28%Added+942,53617 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd3,907,876$840m0.38%Added+1,220,09417 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC2,212,065$480m0.36%Added+29,37227 Oct 2026 (the filing on sec.gov)
Citadel Advisors LLC2,042,883$444m0.07%Added+496,21817 Feb 2026 (the filing on sec.gov)
Millennium Management LLC1,561,459$339m0.14%Trimmed-316,05317 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP1,407,908$306m0.10%Added+129,93817 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP1,310,286$284munder 0.1%Trimmed-3,933,16617 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP879,756$191m0.17%Trimmed-1,769,61613 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP808,931$176m0.25%Added+781,33117 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC768,368$167m0.21%Added+677,79617 Feb 2026 (the filing on sec.gov)
Hudson Bay Capital Management LP701,528$152m0.50%Added+546,32813 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC613,265$133m0.14%Trimmed-375,90713 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC610,884$133m0.21%Trimmed-84,71612 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP561,943$122munder 0.1%Trimmed-495,87017 Feb 2026 (the filing on sec.gov)
Woodline Partners LP434,231$94m0.37%Added+293,69117 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC395,749$86munder 0.1%Added+59,62117 Feb 2026 (the filing on sec.gov)
Davidson Kempner Capital Management LP280,000$61m0.71%Newnew17 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC272,375$59m0.26%Added+182,63817 Feb 2026 (the filing on sec.gov)
Rokos Capital Management LLP226,654$49m0.19%Trimmed-99,38713 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.
20 in Q3 2024 to 25 in Q2 2026

Tracked managers listing it, at least.

0102030402014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
BA by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201323$16.7bnn.a.n.a.
Q3 201323$18.0bnn.a.n.a.
Q4 201324$20.5bnn.a.n.a.
Q1 201420$17.6bnn.a.n.a.
Q2 201423$17.9bnn.a.n.a.
Q3 201419$17.3bnn.a.n.a.
Q4 201416$17.1bnn.a.n.a.
Q1 201524$20.2bnn.a.n.a.
Q2 201522$17.7bnn.a.n.a.
Q3 201522$16.7bnn.a.n.a.
Q4 201520$17.3bnn.a.n.a.
Q1 201619$14.6bnn.a.n.a.
Q2 201621$16.0bnn.a.n.a.
Q3 201623$16.5bnn.a.n.a.
Q4 201620$18.8bnn.a.n.a.
Q1 201725$19.0bnn.a.n.a.
Q2 201724$21.0bnn.a.n.a.
Q3 201732$25.3bnn.a.n.a.
Q4 201733$27.2bnn.a.n.a.
Q1 201833$28.1bnn.a.n.a.
Q2 201834$27.4bnn.a.n.a.
Q3 201834$29.7bnn.a.n.a.
Q4 201836$26.8bnn.a.n.a.
Q1 201937$31.7bnn.a.n.a.
Q2 201933$30.4bnn.a.n.a.
Q3 201932$33.3bnn.a.n.a.
Q4 201935$28.2bnn.a.n.a.
Q1 202018$10.4bnn.a.n.a.
Q2 202018$5.2bnn.a.n.a.
Q3 202020$5.1bnn.a.n.a.
Q4 202026$5.8bnn.a.n.a.
Q1 202126$7.7bnn.a.n.a.
Q2 202125$7.7bnn.a.n.a.
Q3 202122$6.5bnn.a.n.a.
Q4 202119$5.7bnn.a.n.a.
Q1 202223$6.2bnn.a.n.a.
Q2 202222$6.1bnn.a.n.a.
Q3 202217$5.5bnn.a.n.a.
Q4 202224$10.9bnn.a.n.a.
Q1 202329$14.1bnn.a.n.a.
Q2 202331$14.6bnn.a.n.a.
Q3 202332$13.5bnn.a.n.a.
Q4 202331$21.1bn1815
Q1 202421$14.9bn1114
Q2 202420$16.7bn139
Q3 202420$13.9bn913
Q4 202431$28.0bn274
Q1 202530$26.5bn1814
Q2 202532$32.3bn1619
Q3 202533$30.6bn1815
Q4 202534$29.2bn2520
Q1 202631$26.7bn1428
Q2 202625$31.0bn2118

Compare with…

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

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

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