L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 23 Jan 2026
Managers listing it
29
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 12 listed it in both
Shares listed
20,412,047
combined, among listed positions
Reported value
$2.0bn
combined, at the quarter end

Among the 92 comparable managers: 17 buyers (opened or added shares) and 17 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -113,903.

Managers listing ED 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.

29 of 29 holders

ActionFiling
T. Rowe Price Associates Inc5,200,840$517m0.06%Added+514,17817 Feb 2026 (the filing on sec.gov)
Invesco Ltd3,713,279$369munder 0.1%Added+129,85619 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC2,598,941$258m0.14%Added+693,26317 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)1,095,435$109munder 0.1%Added+140,08917 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC1,062,810$106m0.17%Added+512,84610 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC1,023,744$102munder 0.1%Added+74,52417 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC896,147$89m0.11%Newnew17 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP839,164$83m0.08%Trimmed-577,51413 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC759,660$75m0.27%Trimmed-345,72517 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.527,311$52munder 0.1%Trimmed-297,28317 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP504,241$50m0.07%Trimmed-617,65117 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP472,207$47munder 0.1%Added+10,38617 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC388,700$39m0.06%Trimmed-32,10012 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC237,968$24m0.09%Added+177,34813 Feb 2026 (the filing on sec.gov)
Millennium Management LLC215,722$21munder 0.1%Trimmed-76,34617 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP168,812$17munder 0.1%Added+121,41817 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP141,273$14m0.10%Newnew17 Feb 2026 (the filing on sec.gov)
Man Group PLC135,469$13munder 0.1%Added+103,17017 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP126,289$13munder 0.1%Added+96,03917 Feb 2026 (the filing on sec.gov)
Woodline Partners LP61,577$6.1munder 0.1%Added+13,91317 Feb 2026 (the filing on sec.gov)
Hudson Bay Capital Management LP55,090$5.5munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP54,358$5.4munder 0.1%Trimmed-13,93313 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC40,451$4.0munder 0.1%Added+2,55027 Oct 2026 (the filing on sec.gov)
Janus Henderson Group Ltd39,230$3.9munder 0.1%Added+72417 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC19,872$2.0munder 0.1%Trimmed-461,62112 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.
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 →