L3VLUP
Quarter end
30 Sep 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 29 Oct 2025
Managers listing it
31
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q2 2025 and Q3 2025; 23 listed it in both
Shares listed
34,690,444
combined, among listed positions
Reported value
$16.6bn
combined, at the quarter end

Among the 95 comparable managers: 17 buyers (opened or added shares) and 15 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.

Managers listing CAT in Q3 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q2 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

31 of 31 holders

ActionFiling
T. Rowe Price Associates Inc6,812,530$3.3bn0.35%Added+4,956,95214 Nov 2025 (the filing on sec.gov)
Wellington Management Group LLP5,228,058$2.5bn0.44%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Capital World Investors4,588,281$2.2bn0.30%Added+2,28013 Nov 2025 (the filing on sec.gov)
Capital Research Global Investors4,295,367$2.0bn0.38%Trimmed-7,39413 Nov 2025 (the filing on sec.gov)
Fidelity (FMR LLC)3,132,825$1.5bn0.08%Added+1,333,42613 Nov 2025 (the filing on sec.gov)
Invesco Ltd2,962,896$1.4bn0.22%Trimmed-319,82413 Nov 2025 (the filing on sec.gov)
MFS Investment Management1,830,414$873m0.27%Addedn.a.29 Oct 2025 (the filing on sec.gov)
AllianceBernstein LP925,126$441m0.14%Added+352,96114 Nov 2025 (the filing on sec.gov)
Neuberger Berman Group LLC858,479$410m0.30%Trimmed-37,32527 Oct 2026 (the filing on sec.gov)
Two Sigma Advisers LP525,300$251m0.50%Added+212,60014 Nov 2025 (the filing on sec.gov)
Citadel Advisors LLC524,583$250munder 0.1%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Millennium Management LLC403,737$193m0.08%Trimmed-195,57214 Nov 2025 (the filing on sec.gov)
Two Sigma Investments LP403,727$193m0.29%Added+259,52614 Nov 2025 (the filing on sec.gov)
Jane Street Group LLC389,730$186munder 0.1%Trimmed-33,21814 Nov 2025 (the filing on sec.gov)
Balyasny Asset Management LLC347,892$166m0.21%Trimmed-20,27814 Nov 2025 (the filing on sec.gov)
Markel Group Inc328,650$157m1.27%Held031 Oct 2025 (the filing on sec.gov)
AQR Capital Management LLC246,400$117m0.07%Addedn.a.14 Nov 2025 (the filing on sec.gov)
D. E. Shaw & Co.163,619$78munder 0.1%Trimmed-82,99314 Nov 2025 (the filing on sec.gov)
Man Group PLC153,582$73m0.13%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Janus Henderson Group Ltd115,757$55munder 0.1%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Squarepoint Ops LLC113,225$54m0.05%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Walleye Capital LLC64,864$31m0.12%Trimmed-87,36914 Nov 2025 (the filing on sec.gov)
Woodline Partners LP61,915$30m0.14%Added+11,04114 Nov 2025 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC58,410$28m0.16%Trimmed-255,11814 Nov 2025 (the filing on sec.gov)
Dodge & Cox40,794$19munder 0.1%Trimmed-1,12713 Nov 2025 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q2 2025 to Q3 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.
19 in Q3 2024 to 32 in Q2 2026

Tracked managers listing it, at least.

0102030402014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
CAT by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201311$2.8bnn.a.n.a.
Q3 201310$2.9bnn.a.n.a.
Q4 201316$4.4bnn.a.n.a.
Q1 201421$5.9bnn.a.n.a.
Q2 201417$7.0bnn.a.n.a.
Q3 201415$5.2bnn.a.n.a.
Q4 201423$4.6bnn.a.n.a.
Q1 201519$4.0bnn.a.n.a.
Q2 201515$4.9bnn.a.n.a.
Q3 201520$5.1bnn.a.n.a.
Q4 201521$5.8bnn.a.n.a.
Q1 201620$5.9bnn.a.n.a.
Q2 201618$6.4bnn.a.n.a.
Q3 201617$8.1bnn.a.n.a.
Q4 201615$8.4bnn.a.n.a.
Q1 201722$8.3bnn.a.n.a.
Q2 201724$9.2bnn.a.n.a.
Q3 201728$9.7bnn.a.n.a.
Q4 201725$11.1bnn.a.n.a.
Q1 201830$8.2bnn.a.n.a.
Q2 201830$7.1bnn.a.n.a.
Q3 201828$7.1bnn.a.n.a.
Q4 201823$4.9bnn.a.n.a.
Q1 201931$5.1bnn.a.n.a.
Q2 201923$3.9bnn.a.n.a.
Q3 201918$2.8bnn.a.n.a.
Q4 201919$4.0bnn.a.n.a.
Q1 202015$2.9bnn.a.n.a.
Q2 202022$3.6bnn.a.n.a.
Q3 202018$5.0bnn.a.n.a.
Q4 202027$8.6bnn.a.n.a.
Q1 202124$12.3bnn.a.n.a.
Q2 202133$10.0bnn.a.n.a.
Q3 202128$8.2bnn.a.n.a.
Q4 202129$8.4bnn.a.n.a.
Q1 202224$9.7bnn.a.n.a.
Q2 202226$8.4bnn.a.n.a.
Q3 202219$7.2bnn.a.n.a.
Q4 202228$11.8bnn.a.n.a.
Q1 202326$11.1bnn.a.n.a.
Q2 202328$11.6bnn.a.n.a.
Q3 202328$13.0bnn.a.n.a.
Q4 202321$13.3bn814
Q1 202420$15.5bn713
Q2 202424$11.7bn159
Q3 202419$12.6bn712
Q4 202420$11.4bn128
Q1 202526$7.3bn197
Q2 202528$8.4bn219
Q3 202531$16.6bn1715
Q4 202529$16.8bn1723
Q1 202628$18.9bn1724
Q2 202632$29.1bn1822

Compare with…

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

CAT and GE →CAT and LRCX →CAT and GEV →Choose a stock to compare with CAT →

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