L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 10 Feb 2026
Managers listing it
23
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 6 listed it in both
Shares listed
2,083,910
combined, among listed positions
Reported value
$418m
combined, at the quarter end

Among the 92 comparable managers: 11 buyers (opened or added shares) and 14 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -203,770.

Managers listing CRAI 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.

23 of 23 holders

ActionFiling
Fidelity (FMR LLC)566,935$114munder 0.1%Added+12,15317 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC389,512$78m0.06%Trimmed-144,83527 Oct 2026 (the filing on sec.gov)
Janus Henderson Group Ltd235,345$47munder 0.1%Added+26,38617 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC213,975$43m0.07%Trimmed-32,70012 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP146,165$29munder 0.1%Added+3,18717 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP133,891$27m0.05%Trimmed-90017 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP97,368$20munder 0.1%Trimmed-68917 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP93,403$19munder 0.1%Trimmed-10,20017 Feb 2026 (the filing on sec.gov)
Millennium Management LLC43,548$8.7munder 0.1%Trimmed-59,71717 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC24,948$5.0munder 0.1%Added+15,61317 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC23,999$4.8munder 0.1%Trimmed-2,45512 Feb 2026 (the filing on sec.gov)
PDT Partners LLC21,530$4.3m0.28%Added+8,60017 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC18,008$3.6munder 0.1%Added+3,89717 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC15,068$3.0munder 0.1%Added+2,09017 Feb 2026 (the filing on sec.gov)
Invesco Ltd12,216$2.5munder 0.1%Trimmed-13,39419 Feb 2026 (the filing on sec.gov)
Man Group PLC9,720$2.0munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC8,195$1.6munder 0.1%Added+1,00617 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.6,584$1.3munder 0.1%Held017 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP6,321$1.3munder 0.1%Trimmed-1,00017 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC5,152$1.0munder 0.1%Added+15113 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc4,946$993kunder 0.1%Trimmed-29617 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp3,737$750kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP3,344$671kunder 0.1%Trimmed-1,13817 Feb 2026 (the filing on sec.gov)

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 2 in Q2 2026

Tracked managers listing it, at least.

0246201420182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
CRAI by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20131$17mn.a.n.a.
Q3 20131$17mn.a.n.a.
Q4 20131$18mn.a.n.a.
Q1 20141$18mn.a.n.a.
Q2 20141$16mn.a.n.a.
Q3 20142$7.1mn.a.n.a.
Q4 20141$10mn.a.n.a.
Q1 20151$11mn.a.n.a.
Q2 20151$8.6mn.a.n.a.
Q3 20151$5.7mn.a.n.a.
Q4 20151$3.7mn.a.n.a.
Q2 20161$2.3mn.a.n.a.
Q3 20161$2.8mn.a.n.a.
Q4 20161$4.6mn.a.n.a.
Q1 20171$4.7mn.a.n.a.
Q2 20171$3.4mn.a.n.a.
Q3 20171$4.1mn.a.n.a.
Q4 20171$5.1mn.a.n.a.
Q1 20181$6.5mn.a.n.a.
Q2 20181$8.0mn.a.n.a.
Q3 20181$7.9mn.a.n.a.
Q4 20181$6.4mn.a.n.a.
Q1 20191$7.6mn.a.n.a.
Q2 20191$5.3mn.a.n.a.
Q3 20191$5.2mn.a.n.a.
Q4 20191$7.1mn.a.n.a.
Q1 20201$4.7mn.a.n.a.
Q2 20201$5.2mn.a.n.a.
Q2 20211$5.3mn.a.n.a.
Q3 20212$43mn.a.n.a.
Q4 20211$10mn.a.n.a.
Q1 20221$9.0mn.a.n.a.
Q2 20221$8.5mn.a.n.a.
Q3 20221$6.3mn.a.n.a.
Q4 20223$79mn.a.n.a.
Q1 20231$59mn.a.n.a.
Q2 20232$89mn.a.n.a.
Q3 20232$85mn.a.n.a.
Q4 20231$58m01
Q1 20242$129m11
Q2 20243$183m30
Q3 20245$188m41
Q4 20244$205m32
Q1 20254$184m22
Q2 20256$230m51
Q3 20256$267m42
Q4 20255$200m1114
Q1 20263$102m216
Q2 20262$11m1911

Compare with…

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

CRAI and V →CRAI and MA →CRAI and MCO →Choose a stock to compare with CRAI →

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