L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
37
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 25 listed it in both
Shares listed
37,156,335
combined, among listed positions
Reported value
$17.3bn
combined, at the quarter end

Among the 92 comparable managers: 18 buyers (opened or added shares) and 22 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +3,180,492.

Managers listing DE 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.

37 of 37 holders

ActionFiling
Capital World Investors9,592,004$4.5bn0.61%Added+3,358,26411 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc7,692,877$3.6bn0.39%Added+158,58417 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)6,040,187$2.8bn0.14%Trimmed-665,75517 Feb 2026 (the filing on sec.gov)
Harris Associates LP3,135,045$1.5bn1.84%Added+978,85717 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP2,436,723$1.1bn0.20%Added+597,08717 Feb 2026 (the filing on sec.gov)
Invesco Ltd1,685,502$785m0.07%Trimmed-129,50519 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd1,160,529$540m0.24%Trimmed-54,23517 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP1,009,875$470m0.15%Added+199,76017 Feb 2026 (the filing on sec.gov)
Markel Group Inc877,900$409m3.26%Held06 Feb 2026 (the filing on sec.gov)
Baillie Gifford & Co524,786$244m0.20%Trimmed-17,89723 Jan 2026 (the filing on sec.gov)
First Eagle Investment Management LLC522,213$243m0.43%Added+10,3734 Feb 2026 (the filing on sec.gov)
ARK Investment Management LLC421,907$196m1.30%Added+92,70611 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP355,466$165m0.15%Added+236,92013 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC235,358$110m0.08%Trimmed-175,85027 Oct 2026 (the filing on sec.gov)
Arrowstreet Capital LP215,651$100m0.06%Added+45,52413 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.185,276$86munder 0.1%Added+146,72517 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC182,740$85m0.13%Trimmed-6,86012 Feb 2026 (the filing on sec.gov)
Capital Research Global Investors142,707$66munder 0.1%Added+1,21411 Feb 2026 (the filing on sec.gov)
GAMCO Investors Inc116,303$54m0.52%Trimmed-9,2255 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC107,992$50munder 0.1%Trimmed-304,56017 Feb 2026 (the filing on sec.gov)
Man Group PLC81,761$38m0.06%Added+12,48717 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC77,415$36munder 0.1%Added+5,81217 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC75,064$35m0.06%Trimmed-3,33010 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP55,876$26munder 0.1%Trimmed-18,71117 Feb 2026 (the filing on sec.gov)
Woodline Partners LP42,994$20m0.08%Added+9,70617 Feb 2026 (the filing on sec.gov)
Page 1 of 2

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.
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 →