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
28
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 19 listed it in both
Shares listed
40,788,022
combined, among listed positions
Reported value
$3.8bn
combined, at the quarter end

Among the 92 comparable managers: 13 buyers (opened or added shares) and 20 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -1,351,788.

Managers listing ETR 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.

28 of 28 holders

ActionFiling
Fidelity (FMR LLC)14,887,400$1.4bn0.07%Added+639,97317 Feb 2026 (the filing on sec.gov)
Invesco Ltd5,806,735$537m0.05%Trimmed-73,12219 Feb 2026 (the filing on sec.gov)
Capital Research Global Investors5,489,510$507m0.09%Trimmed-121,74811 Feb 2026 (the filing on sec.gov)
Soroban Capital Partners LP3,222,534$300m2.10%Trimmed-216,40017 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC1,765,370$163munder 0.1%Trimmed-478,38117 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP1,504,702$139m0.16%Trimmed-499,55117 Feb 2026 (the filing on sec.gov)
MFS Investment Management898,316$83munder 0.1%Added+341,98022 Jan 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc791,622$73munder 0.1%Added+1,74117 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP787,603$73m0.53%Added+606,48117 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC762,900$71m0.11%Added+190,90012 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC748,055$69m0.07%Trimmed-372,43513 Feb 2026 (the filing on sec.gov)
Millennium Management LLC682,234$63munder 0.1%Added+539,69517 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP592,036$55munder 0.1%Trimmed-60,08117 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd527,345$49munder 0.1%Trimmed-23,97317 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP460,790$43m0.33%Added+93,27117 Feb 2026 (the filing on sec.gov)
Hudson Bay Capital Management LP421,663$39m0.13%Added+91,06813 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC328,787$30m0.12%Added+29,50013 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC314,327$29munder 0.1%Trimmed-29,70517 Feb 2026 (the filing on sec.gov)
Man Group PLC180,627$17munder 0.1%Trimmed-338,04217 Feb 2026 (the filing on sec.gov)
Soros Fund Management LLC155,799$14m0.17%Trimmed-181,79113 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP101,463$9.4munder 0.1%Added+37,91317 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC92,840$8.6munder 0.1%Added+4,89527 Oct 2026 (the filing on sec.gov)
Walleye Capital LLC90,270$8.3munder 0.1%Trimmed-43,60113 Feb 2026 (the filing on sec.gov)
Woodline Partners LP76,194$7.0munder 0.1%Added+17,19617 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP56,749$5.2munder 0.1%Trimmed-565,39217 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.

New (0)

No new position among listed positions.

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.
14 in Q3 2024 to 17 in Q2 2026

Tracked managers listing it, at least.

0102030split2014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
ETR by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201310$1.6bnn.a.n.a.
Q3 20139$1.4bnn.a.n.a.
Q4 20137$1.7bnn.a.n.a.
Q1 201411$1.6bnn.a.n.a.
Q2 201410$1.7bnn.a.n.a.
Q3 20149$1.4bnn.a.n.a.
Q4 201410$1.7bnn.a.n.a.
Q1 20159$1.3bnn.a.n.a.
Q2 201510$1.1bnn.a.n.a.
Q3 201514$1.2bnn.a.n.a.
Q4 201510$1.2bnn.a.n.a.
Q1 201611$1.3bnn.a.n.a.
Q2 201614$1.4bnn.a.n.a.
Q3 20169$1.4bnn.a.n.a.
Q4 201611$1.4bnn.a.n.a.
Q1 20179$1.2bnn.a.n.a.
Q2 201711$1.3bnn.a.n.a.
Q3 201713$1.2bnn.a.n.a.
Q4 201715$1.8bnn.a.n.a.
Q1 201816$1.8bnn.a.n.a.
Q2 201818$2.3bnn.a.n.a.
Q3 201815$2.2bnn.a.n.a.
Q4 201820$2.9bnn.a.n.a.
Q1 201920$3.3bnn.a.n.a.
Q2 201917$3.8bnn.a.n.a.
Q3 201915$4.6bnn.a.n.a.
Q4 201913$4.0bnn.a.n.a.
Q1 202021$3.0bnn.a.n.a.
Q2 202023$3.0bnn.a.n.a.
Q3 202019$3.2bnn.a.n.a.
Q4 202020$3.5bnn.a.n.a.
Q1 202115$3.4bnn.a.n.a.
Q2 202110$3.1bnn.a.n.a.
Q3 20219$2.7bnn.a.n.a.
Q4 202113$3.1bnn.a.n.a.
Q1 202216$2.4bnn.a.n.a.
Q2 202213$2.4bnn.a.n.a.
Q3 202219$2.3bnn.a.n.a.
Q4 202214$2.7bnn.a.n.a.
Q1 202314$2.2bnn.a.n.a.
Q2 202319$1.5bnn.a.n.a.
Q3 202319$1.6bnn.a.n.a.
Q4 202317$2.1bn127
Q1 202415$1.9bn79
Q2 202417$2.4bn116
Q3 202414$2.9bn511
Q4 2024 (split)17$3.6bn30
Q1 202521$4.0bn1011
Q2 202522$3.7bn1012
Q3 202521$3.7bn912
Q4 202514$3.3bn1320
Q1 202615$4.1bn1416
Q2 202617$4.5bn1912

Compare with…

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

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

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