L3VLUP
Quarter end
30 Sep 2025
the date the book describes
Filed
9 Dec 2025
latest of these filings; the earliest 31 Oct 2025
Managers listing it
17
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q2 2025 and Q3 2025; 13 listed it in both
Shares listed
16,900,793
combined, among listed positions
Reported value
$1.7bn
combined, at the quarter end

Among the 95 comparable managers: 11 buyers (opened or added shares) and 5 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 ED 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.

17 of 17 holders

ActionFiling
T. Rowe Price Associates Inc4,686,662$471m0.05%Added+344,56114 Nov 2025 (the filing on sec.gov)
Invesco Ltd3,583,423$360m0.06%Added+179,27813 Nov 2025 (the filing on sec.gov)
AQR Capital Management LLC1,905,678$191m0.12%Added+974,41914 Nov 2025 (the filing on sec.gov)
Marshall Wace LLP1,416,678$142m0.14%Trimmed-598,75513 Nov 2025 (the filing on sec.gov)
Two Sigma Investments LP1,121,892$113m0.17%Added+341,54014 Nov 2025 (the filing on sec.gov)
Voloridge Investment Management LLC1,105,385$111m0.37%Added+267,12714 Nov 2025 (the filing on sec.gov)
D. E. Shaw & Co.824,594$83munder 0.1%Trimmed-153,09514 Nov 2025 (the filing on sec.gov)
Acadian Asset Management LLC549,964$55m0.10%Added+230,79613 Nov 2025 (the filing on sec.gov)
Tudor Investment Corp499,313$50m0.09%Added+215,3269 Dec 2025 (the filing on sec.gov)
Renaissance Technologies LLC420,800$42m0.06%Addedn.a.13 Nov 2025 (the filing on sec.gov)
ExodusPoint Capital Management LP386,439$39m0.40%Trimmed-378,92014 Nov 2025 (the filing on sec.gov)
Two Sigma Advisers LP151,900$15munder 0.1%Trimmed-267,20014 Nov 2025 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC86,806$8.7munder 0.1%Newnew14 Nov 2025 (the filing on sec.gov)
Bridgewater Associates LP68,291$6.9munder 0.1%Newnew13 Nov 2025 (the filing on sec.gov)
Brevan Howard Capital Management LP40,389$4.1munder 0.1%Trimmed-53,87914 Nov 2025 (the filing on sec.gov)
Quantbot Technologies LP33,486$3.4m0.09%Newnew12 Nov 2025 (the filing on sec.gov)
Baillie Gifford & Co19,093$1.9munder 0.1%Held031 Oct 2025 (the filing on sec.gov)

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.
12 in Q3 2024 to 8 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.
ED by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20133$237mn.a.n.a.
Q3 20136$270mn.a.n.a.
Q4 20135$219mn.a.n.a.
Q1 201413$352mn.a.n.a.
Q2 20149$320mn.a.n.a.
Q3 20147$288mn.a.n.a.
Q4 20146$452mn.a.n.a.
Q1 20157$402mn.a.n.a.
Q2 20157$412mn.a.n.a.
Q3 201510$595mn.a.n.a.
Q4 20157$565mn.a.n.a.
Q1 20169$753mn.a.n.a.
Q2 20169$801mn.a.n.a.
Q3 201610$796mn.a.n.a.
Q4 201611$809mn.a.n.a.
Q1 20178$998mn.a.n.a.
Q2 201711$1.3bnn.a.n.a.
Q3 201710$1.2bnn.a.n.a.
Q4 20178$1.4bnn.a.n.a.
Q1 20187$1.5bnn.a.n.a.
Q2 201810$1.8bnn.a.n.a.
Q3 201810$1.7bnn.a.n.a.
Q4 201814$1.9bnn.a.n.a.
Q1 201918$2.0bnn.a.n.a.
Q2 201918$2.1bnn.a.n.a.
Q3 201915$2.2bnn.a.n.a.
Q4 201911$1.8bnn.a.n.a.
Q1 202015$1.8bnn.a.n.a.
Q2 202016$1.8bnn.a.n.a.
Q3 202011$1.7bnn.a.n.a.
Q4 202015$1.3bnn.a.n.a.
Q1 202113$877mn.a.n.a.
Q2 202111$634mn.a.n.a.
Q3 202111$626mn.a.n.a.
Q4 202111$876mn.a.n.a.
Q1 202213$898mn.a.n.a.
Q2 202214$883mn.a.n.a.
Q3 202214$859mn.a.n.a.
Q4 202212$690mn.a.n.a.
Q1 202317$733mn.a.n.a.
Q2 202312$622mn.a.n.a.
Q3 202313$620mn.a.n.a.
Q4 202310$568m84
Q1 202411$664m83
Q2 20248$572m44
Q3 202412$835m83
Q4 202417$1.1bn143
Q1 202522$2.0bn165
Q2 202516$1.6bn89
Q3 202517$1.7bn115
Q4 202513$1.6bn1717
Q1 202614$1.9bn1715
Q2 20268$1.8bn1416

Compare with…

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

ED and SO →ED and D →ED and NEE →Choose a stock to compare with ED →

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