L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 5 Feb 2026
Managers listing it
32
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 16 listed it in both
Shares listed
49,587,448
combined, among listed positions
Reported value
$7.6bn
combined, at the quarter end

Among the 92 comparable managers: 25 buyers (opened or added shares) and 10 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +3,408,798.

Managers listing BX 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.

32 of 32 holders

ActionFiling
Capital World Investors11,558,378$1.8bn0.24%Trimmed-4,455,81111 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd8,252,293$1.3bn0.56%Added+19,42917 Feb 2026 (the filing on sec.gov)
Capital Research Global Investors6,381,767$984m0.18%Added+3,178,13311 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)5,227,373$806munder 0.1%Added+770,56917 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC3,805,821$587m0.44%Trimmed-159,68927 Oct 2026 (the filing on sec.gov)
Invesco Ltd2,439,936$376munder 0.1%Trimmed-1,667,72919 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC1,941,396$299munder 0.1%Added+1,488,66917 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc1,791,683$276munder 0.1%Added+148,96417 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC1,652,679$255munder 0.1%Added+1,615,21112 Feb 2026 (the filing on sec.gov)
Markel Group Inc1,229,000$189m1.51%Held06 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC883,485$136m0.17%Added+443,27317 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP840,628$130munder 0.1%Added+1,98617 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP634,970$98m0.11%Newnew17 Feb 2026 (the filing on sec.gov)
Millennium Management LLC539,485$83munder 0.1%Added+431,98317 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP487,630$75munder 0.1%Added+377,10517 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP443,632$68m0.49%Added+181,45117 Feb 2026 (the filing on sec.gov)
Woodline Partners LP310,581$48m0.19%Added+213,16717 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC288,334$44munder 0.1%Added+79,80417 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC182,067$28m0.10%Newnew17 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC145,554$22m0.10%Added+123,06017 Feb 2026 (the filing on sec.gov)
GAMCO Investors Inc114,648$18m0.17%Added+1,4075 Feb 2026 (the filing on sec.gov)
Moore Capital Management LP111,680$17m0.25%Added+27,92017 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP108,848$17munder 0.1%Trimmed-25,91217 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP53,499$8.2m0.06%Newnew17 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP40,746$6.3m0.07%Added+4,67317 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.
14 in Q3 2024 to 14 in Q2 2026

Tracked managers listing it, at least.

01020302020202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
BX by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20191$1.4bnn.a.n.a.
Q3 201911$5.0bnn.a.n.a.
Q4 201910$5.2bnn.a.n.a.
Q1 202014$4.4bnn.a.n.a.
Q2 202015$6.0bnn.a.n.a.
Q3 202017$5.5bnn.a.n.a.
Q4 202018$7.0bnn.a.n.a.
Q1 202122$7.1bnn.a.n.a.
Q2 202119$7.2bnn.a.n.a.
Q3 202118$7.6bnn.a.n.a.
Q4 202124$8.6bnn.a.n.a.
Q1 202221$7.2bnn.a.n.a.
Q2 202217$4.9bnn.a.n.a.
Q3 202221$4.6bnn.a.n.a.
Q4 202216$5.0bnn.a.n.a.
Q1 202312$5.4bnn.a.n.a.
Q2 202318$6.3bnn.a.n.a.
Q3 202313$5.6bnn.a.n.a.
Q4 202311$6.9bn37
Q1 202413$7.3bn104
Q2 202413$6.8bn75
Q3 202414$8.6bn87
Q4 202416$9.7bn97
Q1 202520$6.7bn127
Q2 202521$6.8bn146
Q3 202519$7.7bn127
Q4 202522$7.4bn2510
Q1 202619$5.3bn2116
Q2 202614$4.1bn1322

Compare with…

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

BX and V →BX and AXP →BX and BAC →Choose a stock to compare with BX →

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