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
32
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 9 listed it in both
Shares listed
48,634,566
combined, among listed positions
Reported value
$2.2bn
combined, at the quarter end

Among the 92 comparable managers: 18 buyers (opened or added shares) and 20 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +3,438,615.

Managers listing CART 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
D1 Capital Partners LP22,558,255$1.0bn9.48%Held017 Feb 2026 (the filing on sec.gov)
Holocene Advisors LP5,472,029$246m0.52%Added+3,019,17917 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP2,805,821$126m0.11%Newnew13 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC2,662,135$120munder 0.1%Added+2,258,03312 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC2,324,430$105munder 0.1%Trimmed-361,16017 Feb 2026 (the filing on sec.gov)
Maverick Capital Ltd1,938,835$87m0.94%Trimmed-51,08913 Feb 2026 (the filing on sec.gov)
Invesco Ltd1,777,389$80munder 0.1%Added+179,45919 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC1,424,454$64m0.10%Trimmed-223,99912 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.1,329,107$60munder 0.1%Added+1,283,13417 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)1,283,864$58munder 0.1%Added+324,32117 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP917,620$41m0.15%Added+209,25113 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC700,743$32munder 0.1%Added+221,96917 Feb 2026 (the filing on sec.gov)
Man Group PLC675,160$30m0.05%Added+417,25117 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC657,733$30m0.09%Added+395,79513 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP419,666$19munder 0.1%Trimmed-87,18417 Feb 2026 (the filing on sec.gov)
Millennium Management LLC257,025$12munder 0.1%Trimmed-325,76517 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc233,260$10munder 0.1%Trimmed-175,03517 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP214,954$9.7munder 0.1%Added+96,97417 Feb 2026 (the filing on sec.gov)
Hudson Bay Capital Management LP180,384$8.1munder 0.1%Trimmed-328,17813 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC153,200$6.9munder 0.1%Trimmed-217,47713 Feb 2026 (the filing on sec.gov)
Winton Group Ltd144,698$6.5m0.22%Added+64,06511 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP90,700$4.1munder 0.1%Added+43,40017 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC86,666$3.9munder 0.1%Trimmed-312,34317 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd79,304$3.6munder 0.1%Added+4,36817 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP68,633$3.1munder 0.1%Newnew13 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.
16 in Q3 2024 to 9 in Q2 2026

Tracked managers listing it, at least.

05101520Q3 2023Q1 2024Q3 2024Q1 2025Q3 2025Q1 2026Q2 2026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
CART by quarter
QuarterHoldersReported valueBuyersSellers
Q3 202312$1.5bnn.a.n.a.
Q4 20239$1.0bn55
Q1 202419$2.3bn164
Q2 202419$1.4bn158
Q3 202416$1.7bn711
Q4 202419$1.9bn134
Q1 202514$1.5bn76
Q2 202513$1.7bn104
Q3 202513$1.3bn59
Q4 202512$1.7bn1820
Q1 20268$1.1bn1420
Q2 20269$1.4bn1817

Compare with…

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

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

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