L3VLUP
Quarter end
31 Mar 2025
the date the book describes
Filed
21 Jul 2025
latest of these filings; the earliest 7 May 2025
Managers listing it
23
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q4 2024 and Q1 2025; 18 listed it in both
Shares listed
69,542,218
combined, among listed positions
Reported value
$5.0bn
combined, at the quarter end

Among the 95 comparable managers: 14 buyers (opened or added shares) and 11 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 EW 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.

23 of 23 holders

ActionFiling
Wellington Management Group LLP29,134,790$2.1bn0.41%Trimmed-4,076,08913 May 2025 (the filing on sec.gov)
Citadel Advisors LLC13,381,683$970m0.18%Added+3,963,60915 May 2025 (the filing on sec.gov)
Invesco Ltd4,287,712$311m0.06%Added+107,24112 May 2025 (the filing on sec.gov)
Holocene Advisors LP3,480,517$252m0.74%Added+1,070,43215 May 2025 (the filing on sec.gov)
Millennium Management LLC3,444,764$250m0.13%Addedn.a.15 May 2025 (the filing on sec.gov)
Marshall Wace LLP3,030,671$220m0.28%Trimmed-2,782,74815 May 2025 (the filing on sec.gov)
Balyasny Asset Management LLC2,124,433$154m0.25%Added+729,25515 May 2025 (the filing on sec.gov)
Point72 Asset Management LP1,468,733$106m0.24%Added+880,52721 Jul 2025 (the filing on sec.gov)
AllianceBernstein LP1,156,854$84munder 0.1%Trimmed-881,82315 May 2025 (the filing on sec.gov)
Renaissance Technologies LLC1,006,600$73m0.11%Added+354,10714 May 2025 (the filing on sec.gov)
Janus Henderson Group Ltd1,002,501$71munder 0.1%Trimmed-159,04315 May 2025 (the filing on sec.gov)
Man Group PLC951,227$69m0.17%Added+391,77715 May 2025 (the filing on sec.gov)
AQR Capital Management LLC918,537$65m0.07%Addedn.a.15 May 2025 (the filing on sec.gov)
Freestone Grove Partners LP874,714$63m0.65%Added+113,50015 May 2025 (the filing on sec.gov)
D. E. Shaw & Co.874,406$63m0.06%Trimmed-102,41215 May 2025 (the filing on sec.gov)
Woodline Partners LP825,358$60m0.39%Addedn.a.15 May 2025 (the filing on sec.gov)
Baillie Gifford & Co581,441$42munder 0.1%Trimmed-125,3557 May 2025 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC461,248$33m0.20%Added+339,86215 May 2025 (the filing on sec.gov)
Voloridge Investment Management LLC270,238$20m0.07%Trimmed-113,36815 May 2025 (the filing on sec.gov)
Acadian Asset Management LLC134,019$9.7munder 0.1%Addedn.a.21 May 2025 (the filing on sec.gov)
Bridgewater Associates LP62,522$4.5munder 0.1%Trimmed-45,76314 May 2025 (the filing on sec.gov)
Element Capital Management LLC38,369$2.8m0.69%Newnew13 May 2025 (the filing on sec.gov)
Winton Group Ltd30,881$2.2m0.14%Trimmed-12,74615 May 2025 (the filing on sec.gov)

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.

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.
19 in Q3 2024 to 25 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.
EW by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20136$2.5bnn.a.n.a.
Q3 201314$2.3bnn.a.n.a.
Q4 20138$2.4bnn.a.n.a.
Q1 201410$2.9bnn.a.n.a.
Q2 20147$3.0bnn.a.n.a.
Q3 201413$2.9bnn.a.n.a.
Q4 201418$3.4bnn.a.n.a.
Q1 201518$3.1bnn.a.n.a.
Q2 201515$2.3bnn.a.n.a.
Q3 201516$2.8bnn.a.n.a.
Q4 201519$2.7bnn.a.n.a.
Q1 201620$2.7bnn.a.n.a.
Q2 201626$3.1bnn.a.n.a.
Q3 201621$3.8bnn.a.n.a.
Q4 201618$2.8bnn.a.n.a.
Q1 201723$2.0bnn.a.n.a.
Q2 201721$2.8bnn.a.n.a.
Q3 201724$2.7bnn.a.n.a.
Q4 201725$2.8bnn.a.n.a.
Q1 201823$3.7bnn.a.n.a.
Q2 201823$4.1bnn.a.n.a.
Q3 201817$5.2bnn.a.n.a.
Q4 201821$5.0bnn.a.n.a.
Q1 201923$6.1bnn.a.n.a.
Q2 201923$5.7bnn.a.n.a.
Q3 201924$6.7bnn.a.n.a.
Q4 201928$7.2bnn.a.n.a.
Q1 202029$5.8bnn.a.n.a.
Q2 202030$5.9bnn.a.n.a.
Q3 202021$6.1bnn.a.n.a.
Q4 202014$6.3bnn.a.n.a.
Q1 202122$6.0bnn.a.n.a.
Q2 202125$7.7bnn.a.n.a.
Q3 202122$8.5bnn.a.n.a.
Q4 202120$9.2bnn.a.n.a.
Q1 202222$7.9bnn.a.n.a.
Q2 202222$6.6bnn.a.n.a.
Q3 202229$6.2bnn.a.n.a.
Q4 202228$5.8bnn.a.n.a.
Q1 202326$5.8bnn.a.n.a.
Q2 202325$5.9bnn.a.n.a.
Q3 202325$4.6bnn.a.n.a.
Q4 202322$5.1bn1012
Q1 202423$7.0bn1413
Q2 202420$6.8bn1211
Q3 202419$3.8bn119
Q4 202422$5.0bn1211
Q1 202523$5.0bn1411
Q2 202523$5.2bn177
Q3 202522$5.0bn915
Q4 202523$5.9bn2214
Q1 202625$6.0bn1521
Q2 202625$6.9bn1817

Compare with…

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

EW and LLY →EW and JNJ →EW and VRTX →Choose a stock to compare with EW →

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