L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 4 Feb 2026
Managers listing it
33
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
82,402,192
combined, among listed positions
Reported value
$1.5bn
combined, at the quarter end

Among the 92 comparable managers: 27 buyers (opened or added shares) and 7 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +27,818,340.

Managers listing CDE 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.

33 of 33 holders

ActionFiling
Fidelity (FMR LLC)16,912,621$302munder 0.1%Added+15,325,41717 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP14,563,232$260m0.15%Added+259,97813 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc8,074,246$144munder 0.1%Trimmed-1,352,28717 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP5,632,625$100m0.14%Added+2,122,80217 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP5,491,794$98munder 0.1%Added+1,264,03017 Feb 2026 (the filing on sec.gov)
Invesco Ltd4,831,743$86munder 0.1%Added+1,346,32219 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC2,676,708$48m0.05%Added+1,000,43413 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP2,584,840$46munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP2,447,923$44munder 0.1%Added+462,08917 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC2,139,881$38munder 0.1%Added+2,080,56017 Feb 2026 (the filing on sec.gov)
Man Group PLC1,766,873$32m0.05%Added+620,92217 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd1,749,086$31munder 0.1%Trimmed-286,19817 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.1,371,306$24munder 0.1%Trimmed-1,000,23517 Feb 2026 (the filing on sec.gov)
First Eagle Investment Management LLC1,231,606$22munder 0.1%Trimmed-423,6104 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP1,209,783$22munder 0.1%Added+501,90017 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP965,748$17munder 0.1%Added+78,52017 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC922,890$16munder 0.1%Added+201,46017 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC915,454$16m0.06%Added+109,20017 Feb 2026 (the filing on sec.gov)
Rokos Capital Management LLP912,061$16m0.06%Newnew13 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP851,057$15munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp824,625$15munder 0.1%Added+795,86417 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC731,202$13munder 0.1%Added+258,61827 Oct 2026 (the filing on sec.gov)
Renaissance Technologies LLC694,289$12munder 0.1%Newnew12 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP642,850$11m0.09%Added+481,92917 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP634,286$11munder 0.1%Added+550,01813 Feb 2026 (the filing on sec.gov)
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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.
5 in Q3 2024 to 7 in Q2 2026

Tracked managers listing it, at least.

05101520172018201920222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
CDE by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20133$17mn.a.n.a.
Q3 20132$2.5mn.a.n.a.
Q4 20132$987kn.a.n.a.
Q2 20141$308kn.a.n.a.
Q3 20141$286kn.a.n.a.
Q4 20141$859kn.a.n.a.
Q3 20151$272kn.a.n.a.
Q2 20163$56mn.a.n.a.
Q3 20168$164mn.a.n.a.
Q4 20164$105mn.a.n.a.
Q1 20173$82mn.a.n.a.
Q2 20172$81mn.a.n.a.
Q3 20173$87mn.a.n.a.
Q4 20171$4.1mn.a.n.a.
Q1 20181$6.5mn.a.n.a.
Q2 20181$688kn.a.n.a.
Q4 20181$233kn.a.n.a.
Q1 20192$1.1mn.a.n.a.
Q2 20191$831kn.a.n.a.
Q3 20193$5.5mn.a.n.a.
Q2 20202$3.6mn.a.n.a.
Q4 20202$7.4mn.a.n.a.
Q2 20211$5.3mn.a.n.a.
Q3 20211$3.3mn.a.n.a.
Q1 20223$34mn.a.n.a.
Q2 20221$1.9mn.a.n.a.
Q3 20221$1.4mn.a.n.a.
Q4 20222$2.4mn.a.n.a.
Q1 20234$36mn.a.n.a.
Q2 20232$25mn.a.n.a.
Q3 20232$26mn.a.n.a.
Q4 20231$7.0m10
Q1 20241$8.9m10
Q2 20243$56m30
Q3 20245$68m41
Q4 20246$96m61
Q1 20253$16m22
Q2 20257$243m61
Q3 20259$638m45
Q4 202512$586m277
Q1 202614$2.1bn2215
Q2 20267$825m1523

Compare with…

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

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

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