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
37
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 21 listed it in both
Shares listed
48,701,761
combined, among listed positions
Reported value
$7.1bn
combined, at the quarter end

Among the 92 comparable managers: 19 buyers (opened or added shares) and 26 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -5,659,066.

Managers listing BABA 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.

37 of 37 holders

ActionFiling
Fidelity (FMR LLC)10,265,691$1.5bn0.08%Trimmed-1,701,09217 Feb 2026 (the filing on sec.gov)
Dodge & Cox10,016,870$1.5bn0.79%Trimmed-958,50013 Feb 2026 (the filing on sec.gov)
Capital World Investors6,505,165$954m0.13%Added+466,84711 Feb 2026 (the filing on sec.gov)
Appaloosa LP5,137,931$753m10.88%Trimmed-1,312,06917 Feb 2026 (the filing on sec.gov)
Invesco Ltd1,725,802$253munder 0.1%Added+383,79519 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc1,688,109$247munder 0.1%Added+1,208,21917 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC1,433,768$210munder 0.1%Trimmed-1,603,07912 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC1,203,866$176m0.13%Added+101,04827 Oct 2026 (the filing on sec.gov)
Man Group PLC1,106,553$162m0.28%Trimmed-214,44417 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP1,017,259$149munder 0.1%Trimmed-49,35217 Feb 2026 (the filing on sec.gov)
Artisan Partners LP919,312$135m0.20%Trimmed-704,40917 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP827,351$121munder 0.1%Added+630,11217 Feb 2026 (the filing on sec.gov)
Third Point LLC825,000$121m1.66%Newnew17 Feb 2026 (the filing on sec.gov)
Baillie Gifford & Co740,365$109m0.09%Added+368,76023 Jan 2026 (the filing on sec.gov)
D. E. Shaw & Co.717,596$105m0.06%Trimmed-699,21817 Feb 2026 (the filing on sec.gov)
ARK Investment Management LLC637,808$93m0.62%Added+427,63011 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd557,742$82munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Rokos Capital Management LLP442,758$65m0.25%Added+207,00113 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP391,732$57munder 0.1%Trimmed-28,11717 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP379,350$55m0.60%Added+265,24517 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC342,895$50m0.20%Newnew13 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC323,260$47m0.05%Trimmed-268,67613 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP268,531$39munder 0.1%Trimmed-282,59213 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC248,023$36munder 0.1%Trimmed-202,45117 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC227,212$33munder 0.1%Added+134,26417 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.
32 in Q3 2024 to 20 in Q2 2026

Tracked managers listing it, at least.

0204060201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
BABA by quarter
QuarterHoldersReported valueBuyersSellers
Q3 201436$12.4bnn.a.n.a.
Q4 201433$13.1bnn.a.n.a.
Q1 201529$12.5bnn.a.n.a.
Q2 201530$12.2bnn.a.n.a.
Q3 201530$9.3bnn.a.n.a.
Q4 201530$15.6bnn.a.n.a.
Q1 201629$14.7bnn.a.n.a.
Q2 201627$15.2bnn.a.n.a.
Q3 201636$24.6bnn.a.n.a.
Q4 201633$21.5bnn.a.n.a.
Q1 201738$26.4bnn.a.n.a.
Q2 201744$38.5bnn.a.n.a.
Q3 201749$46.9bnn.a.n.a.
Q4 201745$43.0bnn.a.n.a.
Q1 201842$44.4bnn.a.n.a.
Q2 201843$44.2bnn.a.n.a.
Q3 201848$41.5bnn.a.n.a.
Q4 201846$35.6bnn.a.n.a.
Q1 201949$48.4bnn.a.n.a.
Q2 201950$52.4bnn.a.n.a.
Q3 201952$54.7bnn.a.n.a.
Q4 201956$63.2bnn.a.n.a.
Q1 202054$53.5bnn.a.n.a.
Q2 202060$58.2bnn.a.n.a.
Q3 202056$71.2bnn.a.n.a.
Q4 202046$50.4bnn.a.n.a.
Q1 202146$44.4bnn.a.n.a.
Q2 202141$36.2bnn.a.n.a.
Q3 202132$16.9bnn.a.n.a.
Q4 202129$9.5bnn.a.n.a.
Q1 202224$7.6bnn.a.n.a.
Q2 202231$7.3bnn.a.n.a.
Q3 202227$5.6bnn.a.n.a.
Q4 202232$5.5bnn.a.n.a.
Q1 202340$7.7bnn.a.n.a.
Q2 202330$6.0bnn.a.n.a.
Q3 202331$5.9bnn.a.n.a.
Q4 202330$5.5bn2211
Q1 202426$5.3bn1516
Q2 202429$4.6bn1714
Q3 202432$7.5bn2112
Q4 202427$4.5bn1516
Q1 202533$10.9bn2213
Q2 202520$5.3bn619
Q3 202528$9.1bn2011
Q4 202526$6.6bn1926
Q1 202621$4.8bn1424
Q2 202620$2.6bn2017

Compare with…

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

BABA and GOOGL →BABA and AMZN →BABA and GOOG →Choose a stock to compare with BABA →

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