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
44
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 32 listed it in both
Shares listed
89,315,229
combined, among listed positions
Reported value
$20.4bn
combined, at the quarter end

Among the 92 comparable managers: 27 buyers (opened or added shares) and 23 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +8,141,694.

Managers listing DHR 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.

44 of 44 holders

ActionFiling
Fidelity (FMR LLC)19,506,729$4.5bn0.23%Added+4,359,21417 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc15,973,240$3.7bn0.39%Added+1,334,22117 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP15,076,796$3.5bn0.60%Added+1,517,90417 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd6,817,606$1.5bn0.69%Trimmed-95,31017 Feb 2026 (the filing on sec.gov)
MFS Investment Management4,333,056$992m0.32%Added+2,216,78922 Jan 2026 (the filing on sec.gov)
Invesco Ltd4,120,223$943m0.09%Added+307,09519 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP3,628,052$831m0.49%Added+109,03913 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC2,792,416$639m0.48%Added+19,29227 Oct 2026 (the filing on sec.gov)
Millennium Management LLC2,046,427$468m0.20%Added+1,118,85217 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC1,815,242$416m0.22%Added+350,90617 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP1,692,784$388m0.43%Added+1,248,69117 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC1,527,648$350m0.05%Added+1,376,84817 Feb 2026 (the filing on sec.gov)
Artisan Partners LP1,386,008$317m0.48%Trimmed-1,111,95017 Feb 2026 (the filing on sec.gov)
Holocene Advisors LP939,588$215m0.45%Newnew17 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC892,828$204m0.26%Added+152,06517 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP798,810$183m0.06%Trimmed-88,92217 Feb 2026 (the filing on sec.gov)
Third Point LLC600,000$137m1.89%Added+550,00017 Feb 2026 (the filing on sec.gov)
Capital Research Global Investors575,575$132munder 0.1%Added+2,18111 Feb 2026 (the filing on sec.gov)
D1 Capital Partners LP559,727$128m1.20%Trimmed-348,96417 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.543,449$124m0.07%Trimmed-105,15317 Feb 2026 (the filing on sec.gov)
Woodline Partners LP533,910$122m0.47%Added+23,32417 Feb 2026 (the filing on sec.gov)
Capital World Investors492,865$113munder 0.1%Added+3,85611 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP412,785$94m0.68%Newnew17 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC356,263$82m0.25%Added+5,03813 Feb 2026 (the filing on sec.gov)
Steadfast Capital Management LP343,600$79m1.35%Newnew17 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.
30 in Q3 2024 to 37 in Q2 2026

Tracked managers listing it, at least.

02040602014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
DHR by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201319$11.7bnn.a.n.a.
Q3 201317$13.2bnn.a.n.a.
Q4 201322$14.6bnn.a.n.a.
Q1 201426$13.9bnn.a.n.a.
Q2 201427$14.9bnn.a.n.a.
Q3 201424$14.3bnn.a.n.a.
Q4 201426$17.1bnn.a.n.a.
Q1 201533$17.6bnn.a.n.a.
Q2 201529$17.8bnn.a.n.a.
Q3 201531$16.9bnn.a.n.a.
Q4 201529$18.1bnn.a.n.a.
Q1 201628$17.4bnn.a.n.a.
Q2 201626$17.9bnn.a.n.a.
Q3 201630$12.7bnn.a.n.a.
Q4 201630$11.0bnn.a.n.a.
Q1 201727$11.5bnn.a.n.a.
Q2 201731$10.5bnn.a.n.a.
Q3 201728$10.9bnn.a.n.a.
Q4 201727$12.5bnn.a.n.a.
Q1 201828$13.3bnn.a.n.a.
Q2 201828$13.3bnn.a.n.a.
Q3 201830$14.1bnn.a.n.a.
Q4 201821$13.1bnn.a.n.a.
Q1 201923$18.4bnn.a.n.a.
Q2 201922$19.8bnn.a.n.a.
Q3 201924$19.4bnn.a.n.a.
Q4 201918$19.5bnn.a.n.a.
Q1 202030$18.4bnn.a.n.a.
Q2 202030$24.4bnn.a.n.a.
Q3 202032$29.1bnn.a.n.a.
Q4 202036$29.1bnn.a.n.a.
Q1 202139$29.4bnn.a.n.a.
Q2 202130$33.9bnn.a.n.a.
Q3 202135$37.5bnn.a.n.a.
Q4 202140$39.7bnn.a.n.a.
Q1 202230$33.5bnn.a.n.a.
Q2 202230$28.1bnn.a.n.a.
Q3 202229$27.1bnn.a.n.a.
Q4 202231$27.1bnn.a.n.a.
Q1 202340$25.3bnn.a.n.a.
Q2 202344$25.4bnn.a.n.a.
Q3 202338$27.3bnn.a.n.a.
Q4 202332$25.2bn1619
Q1 202433$26.8bn1516
Q2 202425$25.0bn1019
Q3 202430$29.0bn209
Q4 202433$23.9bn1913
Q1 202543$21.5bn3111
Q2 202541$18.6bn1724
Q3 202538$15.9bn2121
Q4 202539$20.4bn2723
Q1 202636$19.5bn2030
Q2 202637$20.8bn2722

Compare with…

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

DHR and LLY →DHR and JNJ →DHR and VRTX →Choose a stock to compare with DHR →

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