L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 10 Feb 2026
Managers listing it
18
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 2 listed it in both
Shares listed
9,071,241
combined, among listed positions
Reported value
$252m
combined, at the quarter end

Among the 92 comparable managers: 14 buyers (opened or added shares) and 4 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +4,412,127.

Managers listing BVN 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.

18 of 18 holders

ActionFiling
Acadian Asset Management LLC2,211,649$62m0.10%Added+828,30210 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP1,742,829$49munder 0.1%Added+1,236,48013 Feb 2026 (the filing on sec.gov)
Artisan Partners LP1,511,011$42m0.06%Added+268,16617 Feb 2026 (the filing on sec.gov)
Millennium Management LLC980,530$27munder 0.1%Added+853,67017 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC684,368$19munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC668,074$19munder 0.1%Added+488,79612 Feb 2026 (the filing on sec.gov)
Invesco Ltd487,092$14munder 0.1%Trimmed-382,60519 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC392,544$11munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC130,822$3.6munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP90,318$2.5munder 0.1%Trimmed-14,56917 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC51,436$1.4munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC35,628$992kunder 0.1%Added+3,06727 Oct 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP29,452$820kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP14,641$407kunder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)12,010$334kunder 0.1%Trimmed-9817 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC11,954$333kunder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP8,724$243kunder 0.1%Newnew10 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC8,159$227kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)

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.
2 in Q3 2024 to 2 in Q2 2026

Tracked managers listing it, at least.

02462014201620182019202320252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
BVN by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20136$44mn.a.n.a.
Q3 20134$50mn.a.n.a.
Q4 20133$14mn.a.n.a.
Q1 20142$18mn.a.n.a.
Q2 20142$15mn.a.n.a.
Q3 20141$1.4mn.a.n.a.
Q4 20141$961kn.a.n.a.
Q2 20151$214kn.a.n.a.
Q3 20151$97kn.a.n.a.
Q1 20162$589kn.a.n.a.
Q2 20161$873kn.a.n.a.
Q3 20162$1.0mn.a.n.a.
Q4 20162$1.5mn.a.n.a.
Q4 20171$495kn.a.n.a.
Q1 20181$17mn.a.n.a.
Q2 20181$29mn.a.n.a.
Q4 20181$584kn.a.n.a.
Q1 20191$1.1mn.a.n.a.
Q2 20192$310mn.a.n.a.
Q3 20192$318mn.a.n.a.
Q4 20193$322mn.a.n.a.
Q3 20202$220mn.a.n.a.
Q4 20202$253mn.a.n.a.
Q1 20231$5.9mn.a.n.a.
Q2 20231$5.8mn.a.n.a.
Q3 20231$5.8mn.a.n.a.
Q2 20242$43m20
Q3 20242$9.1m20
Q4 20242$20m20
Q1 20253$41m30
Q2 20253$46m12
Q3 20252$64m20
Q4 20253$152m144
Q1 20263$298m1011
Q2 20262$170m910

Compare with…

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

BVN and LIN →BVN and GLW →BVN and HWM →Choose a stock to compare with BVN →

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