- 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
- 34
- at least, of 95 tracked, among listed positions
- Comparable managers
- 92
- filed both Q3 2025 and Q4 2025; 11 listed it in both
- Shares listed
- 75,118,883
- combined, among listed positions
- Reported value
- $1.8bn
- combined, at the quarter end
Among the 92 comparable managers: 19 buyers (opened or added shares) and 15 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +19,402,002.
Managers listing DOW in Q4 2025
34 of 34 holders
Largest increases and reductions, by shares
Increases
- Jane Street Group LLCexisting position · 4,944,460 shares now+3,932,652
- D. E. Shaw & Co.existing position · 3,734,101 shares now+3,053,768
- Two Sigma Investments LPexisting position · 3,761,223 shares now+2,378,280
- Fidelity (FMR LLC)existing position · 6,476,522 shares now+2,290,433
- Two Sigma Advisers LPexisting position · 3,611,200 shares now+2,269,300
Reductions
- Millennium Management LLCexisting position · 427,868 shares now-2,380,144
- Holocene Advisors LPexisting position · 3,971,170 shares now-1,527,348
- Capital Research Global Investorsexisting position · 11,191,231 shares now-529,882
- Verition Fund Management LLCexisting position · 47,792 shares now-373,806
- Quantbot Technologies LPexisting position · 200,482 shares now-225,688
New positions and exits
New (3)
Exited (1)
- Freestone Grove Partners LPwas $2.7m
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q1 2019 | 3 | $145m | n.a. | n.a. |
| Q2 2019 | 14 | $3.3bn | n.a. | n.a. |
| Q3 2019 | 14 | $3.5bn | n.a. | n.a. |
| Q4 2019 | 11 | $4.1bn | n.a. | n.a. |
| Q1 2020 | 12 | $1.9bn | n.a. | n.a. |
| Q2 2020 | 9 | $3.5bn | n.a. | n.a. |
| Q3 2020 | 13 | $4.1bn | n.a. | n.a. |
| Q4 2020 | 18 | $5.0bn | n.a. | n.a. |
| Q1 2021 | 16 | $5.3bn | n.a. | n.a. |
| Q2 2021 | 11 | $4.7bn | n.a. | n.a. |
| Q3 2021 | 14 | $3.7bn | n.a. | n.a. |
| Q4 2021 | 15 | $3.2bn | n.a. | n.a. |
| Q1 2022 | 16 | $3.4bn | n.a. | n.a. |
| Q2 2022 | 18 | $2.2bn | n.a. | n.a. |
| Q3 2022 | 12 | $1.6bn | n.a. | n.a. |
| Q4 2022 | 13 | $1.8bn | n.a. | n.a. |
| Q1 2023 | 12 | $1.5bn | n.a. | n.a. |
| Q2 2023 | 12 | $1.3bn | n.a. | n.a. |
| Q3 2023 | 16 | $1.4bn | n.a. | n.a. |
| Q4 2023 | 9 | $1.1bn | 3 | 7 |
| Q1 2024 | 11 | $1.2bn | 6 | 5 |
| Q2 2024 | 8 | $956m | 4 | 6 |
| Q3 2024 | 6 | $1.0bn | 5 | 1 |
| Q4 2024 | 9 | $984m | 4 | 5 |
| Q1 2025 | 9 | $1.2bn | 7 | 2 |
| Q2 2025 | 8 | $1.1bn | 6 | 4 |
| Q3 2025 | 12 | $679m | 8 | 5 |
| Q4 2025 | 14 | $991m | 19 | 15 |
| Q1 2026 | 19 | $2.9bn | 18 | 16 |
| Q2 2026 | 19 | $2.3bn | 24 | 13 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
DOW and LIN →DOW and GLW →DOW and HWM →Choose a stock to compare with DOW →
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 DOW, latest filings →Back to the 13F Explorer →