L3VLUP
Quarter end
30 Jun 2025
the date the book describes
Filed
14 Aug 2025
latest of these filings; the earliest 1 Aug 2025
Managers listing it
18
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q1 2025 and Q2 2025; 11 listed it in both
Shares listed
30,930,592
combined, among listed positions
Reported value
$1.7bn
combined, at the quarter end

Among the 95 comparable managers: 12 buyers (opened or added shares) and 5 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 CE in Q2 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q1 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

18 of 18 holders

ActionFiling
Dodge & Cox15,324,667$848m0.48%Trimmed-66,74913 Aug 2025 (the filing on sec.gov)
Capital Research Global Investors4,587,755$254m0.05%Trimmed-390,09113 Aug 2025 (the filing on sec.gov)
Harris Associates LP3,555,067$197m0.32%Added+1,301,57114 Aug 2025 (the filing on sec.gov)
Point72 Asset Management LP1,727,919$96m0.19%Newnew14 Aug 2025 (the filing on sec.gov)
Capital World Investors1,314,063$73munder 0.1%Trimmed-6213 Aug 2025 (the filing on sec.gov)
Balyasny Asset Management LLC884,373$49m0.07%Added+307,78014 Aug 2025 (the filing on sec.gov)
Voloridge Investment Management LLC854,696$47m0.17%Trimmed-132,41214 Aug 2025 (the filing on sec.gov)
Marshall Wace LLP819,833$45m0.05%Addedn.a.13 Aug 2025 (the filing on sec.gov)
Man Group PLC552,264$31m0.06%Newnew14 Aug 2025 (the filing on sec.gov)
Tudor Investment Corp289,007$16munder 0.1%Addedn.a.14 Aug 2025 (the filing on sec.gov)
Woodline Partners LP263,047$15m0.08%Newnew14 Aug 2025 (the filing on sec.gov)
Two Sigma Advisers LP194,800$11munder 0.1%Trimmed-330,50014 Aug 2025 (the filing on sec.gov)
Moore Capital Management LP153,095$8.5m0.11%Added+52,95514 Aug 2025 (the filing on sec.gov)
ExodusPoint Capital Management LP152,158$8.4m0.07%Addedn.a.13 Aug 2025 (the filing on sec.gov)
Quantbot Technologies LP92,834$5.1m0.13%Added+60,49713 Aug 2025 (the filing on sec.gov)
Markel Group Inc81,300$4.5munder 0.1%Held01 Aug 2025 (the filing on sec.gov)
Holocene Advisors LP71,336$3.9munder 0.1%Added+13,31414 Aug 2025 (the filing on sec.gov)
Freestone Grove Partners LP12,378$685kunder 0.1%Newnew14 Aug 2025 (the filing on sec.gov)

Largest increases and reductions, by shares

Q1 2025 to Q2 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.

Exited (0)

No exit shown by a manager’s own filing.

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.
9 in Q3 2024 to 9 in Q2 2026

Tracked managers listing it, at least.

01020302014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
CE by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201312$3.0bnn.a.n.a.
Q3 201311$3.5bnn.a.n.a.
Q4 201312$3.9bnn.a.n.a.
Q1 20149$3.6bnn.a.n.a.
Q2 20147$4.1bnn.a.n.a.
Q3 201410$3.5bnn.a.n.a.
Q4 20148$3.5bnn.a.n.a.
Q1 20158$3.7bnn.a.n.a.
Q2 20158$4.6bnn.a.n.a.
Q3 201510$3.3bnn.a.n.a.
Q4 201512$3.8bnn.a.n.a.
Q1 201618$3.3bnn.a.n.a.
Q2 201618$2.9bnn.a.n.a.
Q3 201615$2.9bnn.a.n.a.
Q4 201618$3.5bnn.a.n.a.
Q1 201717$3.7bnn.a.n.a.
Q2 201712$3.5bnn.a.n.a.
Q3 201713$3.6bnn.a.n.a.
Q4 201714$3.7bnn.a.n.a.
Q1 201820$3.6bnn.a.n.a.
Q2 201822$3.9bnn.a.n.a.
Q3 201822$3.9bnn.a.n.a.
Q4 201817$2.5bnn.a.n.a.
Q1 201912$2.4bnn.a.n.a.
Q2 20199$2.6bnn.a.n.a.
Q3 201910$3.0bnn.a.n.a.
Q4 201911$3.0bnn.a.n.a.
Q1 202010$1.7bnn.a.n.a.
Q2 202015$2.2bnn.a.n.a.
Q3 20209$2.7bnn.a.n.a.
Q4 202012$3.2bnn.a.n.a.
Q1 202122$3.4bnn.a.n.a.
Q2 202115$3.2bnn.a.n.a.
Q3 202112$3.3bnn.a.n.a.
Q4 202116$3.8bnn.a.n.a.
Q1 202216$3.8bnn.a.n.a.
Q2 202219$3.1bnn.a.n.a.
Q3 202216$2.5bnn.a.n.a.
Q4 202218$3.2bnn.a.n.a.
Q1 202314$3.8bnn.a.n.a.
Q2 202313$4.9bnn.a.n.a.
Q3 202313$5.7bnn.a.n.a.
Q4 20239$7.4bn73
Q1 20249$7.7bn35
Q2 202411$5.7bn46
Q3 20249$5.0bn64
Q4 202414$2.1bn113
Q1 202515$1.8bn104
Q2 202518$1.7bn125
Q3 202512$1.1bn67
Q4 202511$1.3bn2019
Q1 202613$1.9bn1720
Q2 20269$1.2bn2018

Compare with…

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

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

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