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
27
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 10 listed it in both
Shares listed
82,203,746
combined, among listed positions
Reported value
$1.7bn
combined, at the quarter end

Among the 92 comparable managers: 20 buyers (opened or added shares) and 10 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -500,621.

Managers listing BZ 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.

27 of 27 holders

ActionFiling
Capital World Investors27,990,431$570m0.08%Trimmed-6,080,56011 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC12,485,182$254m0.42%Added+4,136,90110 Feb 2026 (the filing on sec.gov)
Baillie Gifford & Co9,955,584$203m0.17%Added+1,390,88223 Jan 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc9,416,759$192munder 0.1%Added+1,213,24017 Feb 2026 (the filing on sec.gov)
Artisan Partners LP4,560,372$93m0.14%Trimmed-90,53317 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC3,975,967$81m0.13%Added+496,26712 Feb 2026 (the filing on sec.gov)
Invesco Ltd3,493,465$71munder 0.1%Added+148,91919 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP2,028,417$41munder 0.1%Added+1,679,62917 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP1,805,744$37munder 0.1%Added+120,41317 Feb 2026 (the filing on sec.gov)
Man Group PLC1,653,313$34m0.06%Added+297,72517 Feb 2026 (the filing on sec.gov)
Oaktree Capital Management LP1,523,231$31m0.44%Trimmed-120,34117 Feb 2026 (the filing on sec.gov)
MFS Investment Management1,094,415$22munder 0.1%Added+417,71422 Jan 2026 (the filing on sec.gov)
Jane Street Group LLC375,442$7.7munder 0.1%Trimmed-782,32112 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC346,006$7.1munder 0.1%Trimmed-589,27417 Feb 2026 (the filing on sec.gov)
Millennium Management LLC267,157$5.4munder 0.1%Added+238,88617 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP261,731$5.3munder 0.1%Added+228,45717 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC230,532$4.7munder 0.1%Added+115,39617 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP182,907$3.7munder 0.1%Trimmed-3,132,69013 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC165,347$3.4munder 0.1%Added+98,79313 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC113,002$2.3munder 0.1%Added+20,55113 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP112,500$2.3munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP44,931$916kunder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC39,592$807kunder 0.1%Trimmed-208,79617 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP34,003$693kunder 0.1%Added+34617 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)23,464$478kunder 0.1%Added+17617 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.
8 in Q3 2024 to 8 in Q2 2026

Tracked managers listing it, at least.

05101520222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
BZ by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20219$294mn.a.n.a.
Q3 20216$1.3bnn.a.n.a.
Q4 20215$1.5bnn.a.n.a.
Q1 20225$703mn.a.n.a.
Q2 202210$1.1bnn.a.n.a.
Q3 20227$820mn.a.n.a.
Q4 20226$757mn.a.n.a.
Q1 20239$753mn.a.n.a.
Q2 202310$559mn.a.n.a.
Q3 20239$599mn.a.n.a.
Q4 20238$570m36
Q1 202411$734m74
Q2 202413$1.0bn94
Q3 20248$627m54
Q4 20247$390m35
Q1 202510$1.1bn74
Q2 202510$1.4bn73
Q3 202510$1.7bn46
Q4 20259$1.5bn2010
Q1 20268$648m2011
Q2 20268$536m722

Compare with…

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

BZ and GOOGL →BZ and META →BZ and SPCX →Choose a stock to compare with BZ →

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