L3VLUP
Quarter end
31 Mar 2025
the date the book describes
Filed
5 Nov 2026
latest of these filings; the earliest 2 May 2025
Managers listing it
29
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q4 2024 and Q1 2025; 22 listed it in both
Shares listed
19,309,099
combined, among listed positions
Reported value
$4.9bn
combined, at the quarter end

Among the 95 comparable managers: 19 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 ECL in Q1 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q4 2024, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

29 of 29 holders

ActionFiling
Wellington Management Group LLP4,762,433$1.2bn0.23%Trimmed-206,27013 May 2025 (the filing on sec.gov)
Invesco Ltd2,711,109$687m0.13%Trimmed-282,39512 May 2025 (the filing on sec.gov)
Fidelity (FMR LLC)2,487,988$631munder 0.1%Added+461,2725 Nov 2026 (the filing on sec.gov)
Capital Research Global Investors1,436,618$364m0.08%Added+13,99412 May 2025 (the filing on sec.gov)
AllianceBernstein LP1,202,868$305m0.11%Trimmed-77,78915 May 2025 (the filing on sec.gov)
Arrowstreet Capital LP917,871$233m0.19%Added+374,74314 May 2025 (the filing on sec.gov)
Renaissance Technologies LLC838,197$213m0.32%Added+526,70014 May 2025 (the filing on sec.gov)
Baillie Gifford & Co762,060$193m0.17%Trimmed-188,3387 May 2025 (the filing on sec.gov)
Artisan Partners LP719,934$183m0.29%Trimmed-556,41014 May 2025 (the filing on sec.gov)
Marshall Wace LLP522,712$133m0.17%Trimmed-261,27015 May 2025 (the filing on sec.gov)
D. E. Shaw & Co.468,091$119m0.11%Addedn.a.15 May 2025 (the filing on sec.gov)
Two Sigma Investments LP406,261$103m0.22%Added+50,83615 May 2025 (the filing on sec.gov)
Acadian Asset Management LLC334,051$85m0.24%Added+6,62421 May 2025 (the filing on sec.gov)
AQR Capital Management LLC337,389$84m0.09%Added+141,40915 May 2025 (the filing on sec.gov)
Man Group PLC326,107$83m0.21%Added+33,81015 May 2025 (the filing on sec.gov)
Markel Group Inc274,300$70m0.62%Held02 May 2025 (the filing on sec.gov)
Neuberger Berman Group LLC196,520$50munder 0.1%Trimmed-5,62627 Oct 2026 (the filing on sec.gov)
Two Sigma Advisers LP174,346$44m0.10%Trimmed-85,00015 May 2025 (the filing on sec.gov)
Balyasny Asset Management LLC131,588$33m0.06%Addedn.a.15 May 2025 (the filing on sec.gov)
GAMCO Investors Inc68,711$17m0.19%Trimmed-85014 May 2025 (the filing on sec.gov)
Verition Fund Management LLC60,938$15m0.07%Addedn.a.15 May 2025 (the filing on sec.gov)
ExodusPoint Capital Management LP49,851$13m0.12%Added+15,85914 May 2025 (the filing on sec.gov)
Brevan Howard Capital Management LP27,183$6.9m0.07%Added+22,87315 May 2025 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC26,391$6.7munder 0.1%Addedn.a.15 May 2025 (the filing on sec.gov)
Woodline Partners LP21,292$5.4munder 0.1%Addedn.a.15 May 2025 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q4 2024 to Q1 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.
24 in Q3 2024 to 23 in Q2 2026

Tracked managers listing it, at least.

01020302014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
ECL by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201313$3.1bnn.a.n.a.
Q3 201310$3.7bnn.a.n.a.
Q4 201315$4.0bnn.a.n.a.
Q1 201412$4.1bnn.a.n.a.
Q2 201415$4.3bnn.a.n.a.
Q3 201414$4.7bnn.a.n.a.
Q4 201423$3.6bnn.a.n.a.
Q1 201515$3.8bnn.a.n.a.
Q2 201514$3.6bnn.a.n.a.
Q3 201513$3.3bnn.a.n.a.
Q4 201514$3.4bnn.a.n.a.
Q1 201617$2.8bnn.a.n.a.
Q2 201617$2.5bnn.a.n.a.
Q3 201612$2.4bnn.a.n.a.
Q4 201612$2.3bnn.a.n.a.
Q1 201716$2.2bnn.a.n.a.
Q2 201711$2.3bnn.a.n.a.
Q3 201714$2.1bnn.a.n.a.
Q4 201712$2.0bnn.a.n.a.
Q1 201811$2.0bnn.a.n.a.
Q2 201817$2.0bnn.a.n.a.
Q3 201811$2.3bnn.a.n.a.
Q4 201812$2.2bnn.a.n.a.
Q1 201912$2.7bnn.a.n.a.
Q2 201914$3.3bnn.a.n.a.
Q3 201919$3.1bnn.a.n.a.
Q4 201921$3.2bnn.a.n.a.
Q1 202018$2.4bnn.a.n.a.
Q2 202018$3.1bnn.a.n.a.
Q3 202021$2.4bnn.a.n.a.
Q4 202013$2.4bnn.a.n.a.
Q1 202115$2.4bnn.a.n.a.
Q2 202121$2.8bnn.a.n.a.
Q3 202114$2.7bnn.a.n.a.
Q4 202115$3.5bnn.a.n.a.
Q1 202218$3.3bnn.a.n.a.
Q2 202217$2.9bnn.a.n.a.
Q3 202216$2.6bnn.a.n.a.
Q4 202218$3.0bnn.a.n.a.
Q1 202318$3.5bnn.a.n.a.
Q2 202318$3.5bnn.a.n.a.
Q3 202317$2.9bnn.a.n.a.
Q4 202317$2.9bn97
Q1 202422$4.2bn138
Q2 202420$4.7bn712
Q3 202424$4.9bn1211
Q4 202423$4.4bn814
Q1 202529$4.9bn199
Q2 202525$5.1bn1215
Q3 202525$5.0bn1410
Q4 202523$4.6bn1824
Q1 202624$4.5bn2023
Q2 202623$4.1bn2121

Compare with…

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

ECL and PM →ECL and KO →ECL and COST →Choose a stock to compare with ECL →

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