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
24
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 6 listed it in both
Shares listed
53,520,375
combined, among listed positions
Reported value
$1.3bn
combined, at the quarter end

Among the 92 comparable managers: 15 buyers (opened or added shares) and 10 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +3,157,013.

Managers listing ESI 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.

24 of 24 holders

ActionFiling
Fidelity (FMR LLC)17,324,307$433munder 0.1%Trimmed-339,32917 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC9,374,408$234m0.17%Added+244,21527 Oct 2026 (the filing on sec.gov)
Invesco Ltd7,069,238$177munder 0.1%Added+2,146,51219 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP3,481,289$87munder 0.1%Trimmed-308,62017 Feb 2026 (the filing on sec.gov)
Capital World Investors3,405,232$85munder 0.1%Added+123,24411 Feb 2026 (the filing on sec.gov)
Glenview Capital Management LLC2,833,887$71m1.44%Added+626,72017 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP2,512,629$63munder 0.1%Trimmed-504,96117 Feb 2026 (the filing on sec.gov)
MFS Investment Management2,016,868$50munder 0.1%Trimmed-187,92722 Jan 2026 (the filing on sec.gov)
Millennium Management LLC1,253,031$31munder 0.1%Added+360,95917 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP1,177,052$29munder 0.1%Added+1,163,39117 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC1,029,939$26munder 0.1%Added+8,26717 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc654,511$16munder 0.1%Added+95,23817 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC313,594$7.8munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP207,388$5.2munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP197,076$4.9munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC169,524$4.2munder 0.1%Trimmed-192,65213 Feb 2026 (the filing on sec.gov)
Hudson Bay Capital Management LP142,068$3.5munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
GAMCO Investors Inc132,900$3.3munder 0.1%Held05 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd100,485$2.5munder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP65,611$1.6munder 0.1%Added+54,99017 Feb 2026 (the filing on sec.gov)
Man Group PLC26,474$662kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP12,290$307kunder 0.1%Trimmed-18,62813 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp10,700$267kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC9,874$247kunder 0.1%Trimmed-216,04217 Feb 2026 (the filing on sec.gov)

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.
10 in Q3 2024 to 16 in Q2 2026

Tracked managers listing it, at least.

0510152020192020202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
ESI by quarter
QuarterHoldersReported valueBuyersSellers
Q1 20195$239mn.a.n.a.
Q2 20192$234mn.a.n.a.
Q3 20194$234mn.a.n.a.
Q4 20199$268mn.a.n.a.
Q1 20207$149mn.a.n.a.
Q2 20207$296mn.a.n.a.
Q3 20207$330mn.a.n.a.
Q4 20206$753mn.a.n.a.
Q1 20218$833mn.a.n.a.
Q2 20218$1.1bnn.a.n.a.
Q3 20217$1.1bnn.a.n.a.
Q4 202110$1.3bnn.a.n.a.
Q1 20227$1.2bnn.a.n.a.
Q2 20227$931mn.a.n.a.
Q3 20225$515mn.a.n.a.
Q4 20225$496mn.a.n.a.
Q1 20238$592mn.a.n.a.
Q2 202310$625mn.a.n.a.
Q3 20239$1.1bnn.a.n.a.
Q4 202310$1.3bn63
Q1 202411$1.5bn64
Q2 202412$1.7bn56
Q3 202410$1.5bn27
Q4 202414$1.3bn85
Q1 20259$631m54
Q2 20258$472m61
Q3 20258$541m52
Q4 20257$536m1510
Q1 202613$1.5bn1613
Q2 202616$2.7bn1715

Compare with…

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

ESI and LIN →ESI and GLW →ESI and HWM →Choose a stock to compare with ESI →

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