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
27
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
33,027,695
combined, among listed positions
Reported value
$15.1bn
combined, at the quarter end

Among the 95 comparable managers: 17 buyers (opened or added shares) and 9 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 DE 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.

27 of 27 holders

ActionFiling
T. Rowe Price Associates Inc7,534,293$3.4bn0.37%Added+598,22014 Nov 2025 (the filing on sec.gov)
Fidelity (FMR LLC)6,705,942$3.1bn0.16%Trimmed-1,789,86913 Nov 2025 (the filing on sec.gov)
Capital World Investors6,233,740$2.9bn0.39%Added+322,58213 Nov 2025 (the filing on sec.gov)
Harris Associates LP2,156,188$986m1.58%Trimmed-28,96714 Nov 2025 (the filing on sec.gov)
Wellington Management Group LLP1,839,636$841m0.15%Trimmed-2,650,00114 Nov 2025 (the filing on sec.gov)
Invesco Ltd1,815,007$830m0.13%Added+323,51213 Nov 2025 (the filing on sec.gov)
Janus Henderson Group Ltd1,214,764$555m0.25%Added+48,53814 Nov 2025 (the filing on sec.gov)
Markel Group Inc877,900$401m3.26%Held031 Oct 2025 (the filing on sec.gov)
AllianceBernstein LP810,115$370m0.12%Added+26,50814 Nov 2025 (the filing on sec.gov)
Baillie Gifford & Co542,683$248m0.18%Trimmed-11,21531 Oct 2025 (the filing on sec.gov)
First Eagle Investment Management LLC511,840$234m0.43%Trimmed-79312 Nov 2025 (the filing on sec.gov)
Squarepoint Ops LLC507,196$232m0.23%Added+382,69214 Nov 2025 (the filing on sec.gov)
Neuberger Berman Group LLC411,208$188m0.14%Trimmed-129,62027 Oct 2026 (the filing on sec.gov)
ARK Investment Management LLC329,201$151m0.90%Added+105,02912 Nov 2025 (the filing on sec.gov)
Two Sigma Investments LP313,868$144m0.21%Newnew14 Nov 2025 (the filing on sec.gov)
Renaissance Technologies LLC189,600$87m0.11%Newnew13 Nov 2025 (the filing on sec.gov)
Arrowstreet Capital LP170,127$78munder 0.1%Added+65,64913 Nov 2025 (the filing on sec.gov)
Two Sigma Advisers LP168,700$77m0.15%Newnew14 Nov 2025 (the filing on sec.gov)
Capital Research Global Investors141,493$65munder 0.1%Added+1,15813 Nov 2025 (the filing on sec.gov)
GAMCO Investors Inc125,528$57m0.56%Trimmed-5,55012 Nov 2025 (the filing on sec.gov)
Marshall Wace LLP118,546$54m0.05%Trimmed-724,33613 Nov 2025 (the filing on sec.gov)
MFS Investment Management97,611$45munder 0.1%Addedn.a.29 Oct 2025 (the filing on sec.gov)
Acadian Asset Management LLC78,394$36m0.06%Added+1,49413 Nov 2025 (the filing on sec.gov)
Man Group PLC69,274$32m0.06%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Woodline Partners LP33,288$15m0.07%Added+5,98414 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.

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.
16 in Q3 2024 to 18 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.
DE by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201313$3.6bnn.a.n.a.
Q3 201315$3.2bnn.a.n.a.
Q4 201314$3.0bnn.a.n.a.
Q1 201415$3.0bnn.a.n.a.
Q2 201419$3.2bnn.a.n.a.
Q3 201416$4.0bnn.a.n.a.
Q4 201418$5.2bnn.a.n.a.
Q1 201515$5.4bnn.a.n.a.
Q2 201521$6.2bnn.a.n.a.
Q3 201521$4.3bnn.a.n.a.
Q4 201518$4.4bnn.a.n.a.
Q1 201622$4.5bnn.a.n.a.
Q2 201621$4.5bnn.a.n.a.
Q3 201617$4.1bnn.a.n.a.
Q4 201620$3.9bnn.a.n.a.
Q1 201721$3.8bnn.a.n.a.
Q2 201729$4.4bnn.a.n.a.
Q3 201724$3.8bnn.a.n.a.
Q4 201727$4.9bnn.a.n.a.
Q1 201828$5.1bnn.a.n.a.
Q2 201827$4.8bnn.a.n.a.
Q3 201823$4.6bnn.a.n.a.
Q4 201822$5.1bnn.a.n.a.
Q1 201915$5.5bnn.a.n.a.
Q2 201920$5.7bnn.a.n.a.
Q3 201918$5.2bnn.a.n.a.
Q4 201925$6.9bnn.a.n.a.
Q1 202022$5.1bnn.a.n.a.
Q2 202015$5.4bnn.a.n.a.
Q3 202021$8.4bnn.a.n.a.
Q4 202027$9.4bnn.a.n.a.
Q1 202125$11.0bnn.a.n.a.
Q2 202127$9.7bnn.a.n.a.
Q3 202130$9.4bnn.a.n.a.
Q4 202132$9.8bnn.a.n.a.
Q1 202223$11.9bnn.a.n.a.
Q2 202224$8.7bnn.a.n.a.
Q3 202221$9.2bnn.a.n.a.
Q4 202229$11.0bnn.a.n.a.
Q1 202329$10.3bnn.a.n.a.
Q2 202325$9.9bnn.a.n.a.
Q3 202326$9.6bnn.a.n.a.
Q4 202329$10.3bn1711
Q1 202424$11.0bn1214
Q2 202420$11.5bn714
Q3 202416$14.6bn97
Q4 202420$15.4bn128
Q1 202522$17.5bn149
Q2 202524$18.1bn167
Q3 202527$15.1bn179
Q4 202525$17.1bn1822
Q1 202629$20.5bn1626
Q2 202618$22.8bn1227

Compare with…

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

DE and KLAC →DE and GE →DE and LRCX →Choose a stock to compare with DE →

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