L3VLUP
Quarter end
30 Jun 2025
the date the book describes
Filed
15 Aug 2025
latest of these filings; the earliest 30 Jul 2025
Managers listing it
20
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q1 2025 and Q2 2025; 16 listed it in both
Shares listed
37,567,847
combined, among listed positions
Reported value
$2.6bn
combined, at the quarter end

Among the 95 comparable managers: 11 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 DD 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.

20 of 20 holders

ActionFiling
MFS Investment Management8,039,499$551m0.18%Trimmed-3,432,7618 Aug 2025 (the filing on sec.gov)
Invesco Ltd6,885,521$472m0.08%Trimmed-141,10713 Aug 2025 (the filing on sec.gov)
D. E. Shaw & Co.5,362,619$368m0.26%Added+1,216,22614 Aug 2025 (the filing on sec.gov)
T. Rowe Price Associates Inc4,685,650$321munder 0.1%Added+525,84314 Aug 2025 (the filing on sec.gov)
Citadel Advisors LLC2,590,005$178munder 0.1%Addedn.a.14 Aug 2025 (the filing on sec.gov)
Holocene Advisors LP2,398,287$164m0.40%Added+991,98514 Aug 2025 (the filing on sec.gov)
AQR Capital Management LLC1,791,511$122m0.10%Added+1,042,92914 Aug 2025 (the filing on sec.gov)
Woodline Partners LP1,469,782$101m0.53%Added+659,87114 Aug 2025 (the filing on sec.gov)
Man Group PLC1,078,740$74m0.14%Added+527,88114 Aug 2025 (the filing on sec.gov)
Point72 Asset Management LP1,059,673$73m0.14%Trimmed-3,31714 Aug 2025 (the filing on sec.gov)
Marshall Wace LLP603,829$41munder 0.1%Trimmed-1,038,18713 Aug 2025 (the filing on sec.gov)
Two Sigma Advisers LP410,700$28m0.06%Trimmed-77,35714 Aug 2025 (the filing on sec.gov)
Verition Fund Management LLC368,255$25m0.11%Trimmed-272,87314 Aug 2025 (the filing on sec.gov)
ExodusPoint Capital Management LP347,725$24m0.21%Addedn.a.13 Aug 2025 (the filing on sec.gov)
Acadian Asset Management LLC241,225$17munder 0.1%Addedn.a.7 Aug 2025 (the filing on sec.gov)
GAMCO Investors Inc128,980$8.8m0.09%Trimmed-17,19513 Aug 2025 (the filing on sec.gov)
Brevan Howard Capital Management LP69,274$4.8munder 0.1%Newnew14 Aug 2025 (the filing on sec.gov)
Caxton Associates LLP19,900$1.4munder 0.1%Trimmed-2,62815 Aug 2025 (the filing on sec.gov)
Dodge & Cox15,551$1.1munder 0.1%Trimmed-1,49913 Aug 2025 (the filing on sec.gov)
ARK Investment Management LLC1,121$77kunder 0.1%Added+7730 Jul 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.

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.
22 in Q3 2024 to 10 in Q2 2026

Tracked managers listing it, at least.

0102030402020202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
DD by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201921$7.9bnn.a.n.a.
Q3 201925$7.9bnn.a.n.a.
Q4 201932$6.4bnn.a.n.a.
Q1 202023$3.4bnn.a.n.a.
Q2 202026$5.9bnn.a.n.a.
Q3 202026$6.1bnn.a.n.a.
Q4 202026$8.9bnn.a.n.a.
Q1 202124$4.4bnn.a.n.a.
Q2 202124$4.0bnn.a.n.a.
Q3 202120$3.3bnn.a.n.a.
Q4 202119$4.4bnn.a.n.a.
Q1 202216$3.9bnn.a.n.a.
Q2 202217$3.0bnn.a.n.a.
Q3 202214$2.8bnn.a.n.a.
Q4 202220$10.6bnn.a.n.a.
Q1 202319$4.1bnn.a.n.a.
Q2 202318$4.1bnn.a.n.a.
Q3 202317$4.3bnn.a.n.a.
Q4 202318$3.6bn712
Q1 202416$3.6bn127
Q2 202420$3.5bn109
Q3 202422$3.9bn1210
Q4 202423$3.0bn1311
Q1 202527$2.9bn1611
Q2 202520$2.6bn1114
Q3 202522$2.7bn1212
Q4 202515$946m1622
Q1 202614$1.1bn1820
Q2 202610$834m431

Compare with…

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

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

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