L3VLUP
Quarter end
31 Mar 2025
the date the book describes
Filed
5 Nov 2026
latest of these filings; the earliest 12 May 2025
Managers listing it
28
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q4 2024 and Q1 2025; 26 listed it in both
Shares listed
129,176,725
combined, among listed positions
Reported value
$7.8bn
combined, at the quarter end

Among the 95 comparable managers: 20 buyers (opened or added shares) and 10 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 CNC in Q1 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q4 2024, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

28 of 28 holders

ActionFiling
Fidelity (FMR LLC)26,627,525$1.6bn0.10%Added+5,198,3635 Nov 2026 (the filing on sec.gov)
Harris Associates LP21,135,939$1.3bn2.15%Trimmed-4,264,18715 May 2025 (the filing on sec.gov)
Capital World Investors14,909,941$905m0.15%Trimmed-2,594,30612 May 2025 (the filing on sec.gov)
Invesco Ltd11,091,964$673m0.13%Added+536,50812 May 2025 (the filing on sec.gov)
AQR Capital Management LLC11,049,494$670m0.69%Added+3,306,79615 May 2025 (the filing on sec.gov)
Wellington Management Group LLP9,807,993$595m0.11%Trimmed-5,526,74613 May 2025 (the filing on sec.gov)
Arrowstreet Capital LP6,198,156$376m0.31%Added+578,21514 May 2025 (the filing on sec.gov)
Two Sigma Investments LP3,556,336$216m0.46%Added+1,310,82515 May 2025 (the filing on sec.gov)
T. Rowe Price Associates Inc3,364,393$204munder 0.1%Trimmed-406,03314 May 2025 (the filing on sec.gov)
Two Sigma Advisers LP3,305,876$201m0.45%Added+1,995,70015 May 2025 (the filing on sec.gov)
D. E. Shaw & Co.2,676,230$162m0.14%Added+105,15615 May 2025 (the filing on sec.gov)
Millennium Management LLC2,424,439$147m0.08%Trimmed-3,703,66715 May 2025 (the filing on sec.gov)
Man Group PLC2,072,234$126m0.32%Added+1,259,22815 May 2025 (the filing on sec.gov)
Voloridge Investment Management LLC1,647,999$100m0.37%Added+53,30115 May 2025 (the filing on sec.gov)
Glenview Capital Management LLC1,301,660$79m1.94%Added+14,31915 May 2025 (the filing on sec.gov)
Holocene Advisors LP1,210,949$74m0.21%Added+37,40115 May 2025 (the filing on sec.gov)
Bridgewater Associates LP1,210,586$73m0.34%Trimmed-11,44314 May 2025 (the filing on sec.gov)
Janus Henderson Group Ltd923,979$55munder 0.1%Added+138,61915 May 2025 (the filing on sec.gov)
Artisan Partners LP860,185$52m0.08%Added+7,36114 May 2025 (the filing on sec.gov)
Marshall Wace LLP713,896$43m0.06%Added+210,64615 May 2025 (the filing on sec.gov)
Tudor Investment Corp675,885$41m0.14%Addedn.a.15 May 2025 (the filing on sec.gov)
Greenlight Capital547,570$33m1.68%Trimmed-322,93015 May 2025 (the filing on sec.gov)
Quantbot Technologies LP514,028$31m0.99%Added+351,92013 May 2025 (the filing on sec.gov)
ExodusPoint Capital Management LP455,812$28m0.27%Added+225,68214 May 2025 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC440,872$27m0.16%Added+338,97015 May 2025 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q4 2024 to Q1 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.

New (0)

No new position among listed positions.

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.
23 in Q3 2024 to 27 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.
CNC by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20135$123mn.a.n.a.
Q3 20133$115mn.a.n.a.
Q4 20136$138mn.a.n.a.
Q1 20145$195mn.a.n.a.
Q2 20147$299mn.a.n.a.
Q3 201410$392mn.a.n.a.
Q4 20148$712mn.a.n.a.
Q1 201511$1.2bnn.a.n.a.
Q2 201510$1.5bnn.a.n.a.
Q3 201514$1.0bnn.a.n.a.
Q4 201513$1.4bnn.a.n.a.
Q1 201619$1.5bnn.a.n.a.
Q2 201612$1.6bnn.a.n.a.
Q3 20166$1.8bnn.a.n.a.
Q4 201614$1.8bnn.a.n.a.
Q1 201718$2.4bnn.a.n.a.
Q2 201713$2.4bnn.a.n.a.
Q3 201712$2.5bnn.a.n.a.
Q4 201715$3.0bnn.a.n.a.
Q1 201820$3.0bnn.a.n.a.
Q2 201823$6.1bnn.a.n.a.
Q3 201827$6.7bnn.a.n.a.
Q4 201824$5.6bnn.a.n.a.
Q1 201927$5.4bnn.a.n.a.
Q2 201926$6.4bnn.a.n.a.
Q3 201922$6.0bnn.a.n.a.
Q4 201921$10.0bnn.a.n.a.
Q1 202024$11.9bnn.a.n.a.
Q2 202027$12.7bnn.a.n.a.
Q3 202019$10.6bnn.a.n.a.
Q4 202021$10.1bnn.a.n.a.
Q1 202125$9.9bnn.a.n.a.
Q2 202119$12.0bnn.a.n.a.
Q3 202119$9.9bnn.a.n.a.
Q4 202118$13.5bnn.a.n.a.
Q1 202219$14.0bnn.a.n.a.
Q2 202222$13.8bnn.a.n.a.
Q3 202225$12.8bnn.a.n.a.
Q4 202225$12.8bnn.a.n.a.
Q1 202330$9.8bnn.a.n.a.
Q2 202331$9.8bnn.a.n.a.
Q3 202332$9.1bnn.a.n.a.
Q4 202324$10.1bn1114
Q1 202419$10.8bn711
Q2 202422$9.2bn1211
Q3 202423$9.3bn1211
Q4 202432$8.4bn2310
Q1 202528$7.8bn2010
Q2 202526$6.7bn1514
Q3 202520$3.1bn148
Q4 202530$4.5bn2120
Q1 202622$3.8bn2220
Q2 202627$7.6bn2019

Compare with…

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

CNC and UNH →CNC and ELV →CNC and CI →Choose a stock to compare with CNC →

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