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
26
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q2 2025 and Q3 2025; 21 listed it in both
Shares listed
281,247,447
combined, among listed positions
Reported value
$11.0bn
combined, at the quarter end

Among the 95 comparable managers: 15 buyers (opened or added shares) and 14 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 CMG 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.

26 of 26 holders

ActionFiling
Capital World Investors87,844,788$3.4bn0.47%Added+48,398,62813 Nov 2025 (the filing on sec.gov)
T. Rowe Price Associates Inc49,210,147$1.9bn0.21%Trimmed-4,363,83214 Nov 2025 (the filing on sec.gov)
Fidelity (FMR LLC)27,320,822$1.1bn0.06%Trimmed-2,666,23913 Nov 2025 (the filing on sec.gov)
AllianceBernstein LP25,711,104$1.0bn0.32%Trimmed-7,400,40414 Nov 2025 (the filing on sec.gov)
Pershing Square Capital Management LP21,541,177$844m5.77%Held014 Nov 2025 (the filing on sec.gov)
Arrowstreet Capital LP11,433,637$448m0.28%Added+2,265,12213 Nov 2025 (the filing on sec.gov)
Wellington Management Group LLP10,424,411$409m0.07%Trimmed-2,059,02414 Nov 2025 (the filing on sec.gov)
Capital Research Global Investors9,647,801$378m0.07%Trimmed-3,660,91913 Nov 2025 (the filing on sec.gov)
Janus Henderson Group Ltd7,938,025$311m0.14%Trimmed-10,765,68414 Nov 2025 (the filing on sec.gov)
Invesco Ltd7,667,640$300munder 0.1%Added+1,664,50813 Nov 2025 (the filing on sec.gov)
Viking Global Investors LP6,636,563$260m0.68%Added+948,08014 Nov 2025 (the filing on sec.gov)
D. E. Shaw & Co.3,604,847$141m0.08%Addedn.a.14 Nov 2025 (the filing on sec.gov)
AQR Capital Management LLC2,576,612$101m0.06%Added+16,34014 Nov 2025 (the filing on sec.gov)
Man Group PLC2,155,611$84m0.15%Added+509,64214 Nov 2025 (the filing on sec.gov)
Squarepoint Ops LLC1,879,732$74m0.07%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Hudson Bay Capital Management LP1,438,206$56m0.19%Trimmed-445,34115 Dec 2025 (the filing on sec.gov)
Neuberger Berman Group LLC1,103,176$43munder 0.1%Added+163,27927 Oct 2026 (the filing on sec.gov)
Voloridge Investment Management LLC532,269$21m0.07%Newnew14 Nov 2025 (the filing on sec.gov)
Tudor Investment Corp506,779$20munder 0.1%Addedn.a.9 Dec 2025 (the filing on sec.gov)
Davidson Kempner Capital Management LP450,000$18m0.23%Trimmed-733,42014 Nov 2025 (the filing on sec.gov)
Bridgewater Associates LP449,993$18m0.07%Added+373,92913 Nov 2025 (the filing on sec.gov)
Winton Group Ltd379,886$15m0.56%Added+277,09013 Nov 2025 (the filing on sec.gov)
Verition Fund Management LLC309,787$12m0.05%Trimmed-49,92014 Nov 2025 (the filing on sec.gov)
Quantbot Technologies LP219,676$8.6m0.23%Addedn.a.12 Nov 2025 (the filing on sec.gov)
Brevan Howard Capital Management LP202,562$7.9munder 0.1%Added+70,02614 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.
35 in Q3 2024 to 22 in Q2 2026

Tracked managers listing it, at least.

010203040split2014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
CMG by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201314$3.1bnn.a.n.a.
Q3 201315$3.9bnn.a.n.a.
Q4 201316$4.7bnn.a.n.a.
Q1 201410$4.5bnn.a.n.a.
Q2 201414$4.8bnn.a.n.a.
Q3 201417$5.5bnn.a.n.a.
Q4 201414$5.4bnn.a.n.a.
Q1 201521$4.9bnn.a.n.a.
Q2 201521$5.0bnn.a.n.a.
Q3 201519$6.7bnn.a.n.a.
Q4 201517$4.3bnn.a.n.a.
Q1 201618$3.4bnn.a.n.a.
Q2 201616$2.9bnn.a.n.a.
Q3 201616$2.6bnn.a.n.a.
Q4 201615$3.5bnn.a.n.a.
Q1 201714$4.0bnn.a.n.a.
Q2 201720$3.1bnn.a.n.a.
Q3 201713$1.9bnn.a.n.a.
Q4 201714$1.7bnn.a.n.a.
Q1 201816$1.9bnn.a.n.a.
Q2 201819$2.9bnn.a.n.a.
Q3 201821$2.6bnn.a.n.a.
Q4 201823$2.8bnn.a.n.a.
Q1 201927$5.7bnn.a.n.a.
Q2 201923$5.2bnn.a.n.a.
Q3 201923$6.1bnn.a.n.a.
Q4 201922$5.9bnn.a.n.a.
Q1 202020$5.4bnn.a.n.a.
Q2 202019$7.7bnn.a.n.a.
Q3 202025$8.9bnn.a.n.a.
Q4 202019$9.0bnn.a.n.a.
Q1 202120$9.3bnn.a.n.a.
Q2 202116$9.9bnn.a.n.a.
Q3 202122$12.2bnn.a.n.a.
Q4 202123$11.0bnn.a.n.a.
Q1 202217$10.6bnn.a.n.a.
Q2 202216$9.3bnn.a.n.a.
Q3 202216$9.9bnn.a.n.a.
Q4 202224$8.9bnn.a.n.a.
Q1 202330$10.6bnn.a.n.a.
Q2 202337$14.8bnn.a.n.a.
Q3 202333$12.0bnn.a.n.a.
Q4 202335$14.4bn1817
Q1 202435$18.5bn2014
Q2 2024 (split)40$19.3bn20
Q3 202435$16.7bn1424
Q4 202437$16.0bn1523
Q1 202533$13.6bn2115
Q2 202534$15.5bn1917
Q3 202526$11.0bn1514
Q4 202529$11.2bn2717
Q1 202625$8.5bn1921
Q2 202622$7.9bn1621

Compare with…

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

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