L3VLUP
Quarter end
31 Mar 2025
the date the book describes
Filed
5 Nov 2026
latest of these filings; the earliest 2 May 2025
Managers listing it
16
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q4 2024 and Q1 2025; 12 listed it in both
Shares listed
106,959,995
combined, among listed positions
Reported value
$4.9bn
combined, at the quarter end

Among the 95 comparable managers: 10 buyers (opened or added shares) and 7 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 EXC 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.

16 of 16 holders

ActionFiling
Fidelity (FMR LLC)25,370,465$1.2bn0.07%Added+8,063,8135 Nov 2026 (the filing on sec.gov)
Wellington Management Group LLP19,609,501$904m0.17%Trimmed-14,846,41313 May 2025 (the filing on sec.gov)
T. Rowe Price Associates Inc16,052,592$740m0.09%Trimmed-11,565,46314 May 2025 (the filing on sec.gov)
MFS Investment Management15,837,173$730m0.24%Added+106,9172 May 2025 (the filing on sec.gov)
Invesco Ltd13,802,263$636m0.12%Added+83,51812 May 2025 (the filing on sec.gov)
Millennium Management LLC3,259,884$150m0.08%Trimmed-1,245,90915 May 2025 (the filing on sec.gov)
Capital Research Global Investors3,217,385$148munder 0.1%Added+7,74612 May 2025 (the filing on sec.gov)
AQR Capital Management LLC3,117,668$143m0.15%Addedn.a.15 May 2025 (the filing on sec.gov)
Point72 Asset Management LP2,623,598$121m0.28%Newnew21 Jul 2025 (the filing on sec.gov)
Man Group PLC1,522,173$70m0.18%Trimmed-104,80015 May 2025 (the filing on sec.gov)
Verition Fund Management LLC757,297$35m0.16%Trimmed-672,00815 May 2025 (the filing on sec.gov)
Marshall Wace LLP636,502$29munder 0.1%Addedn.a.15 May 2025 (the filing on sec.gov)
Hudson Bay Capital Management LP629,154$29m0.09%Added+336,94114 May 2025 (the filing on sec.gov)
Acadian Asset Management LLC336,334$15munder 0.1%Added+70,24821 May 2025 (the filing on sec.gov)
Brevan Howard Capital Management LP101,976$4.7munder 0.1%Newnew15 May 2025 (the filing on sec.gov)
Baillie Gifford & Co86,030$4.0munder 0.1%Held07 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.
15 in Q3 2024 to 15 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.
EXC by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201311$3.4bnn.a.n.a.
Q3 20138$3.8bnn.a.n.a.
Q4 201314$4.0bnn.a.n.a.
Q1 201411$5.0bnn.a.n.a.
Q2 201416$6.3bnn.a.n.a.
Q3 201413$5.5bnn.a.n.a.
Q4 201414$6.3bnn.a.n.a.
Q1 201517$6.4bnn.a.n.a.
Q2 201516$6.2bnn.a.n.a.
Q3 201523$5.7bnn.a.n.a.
Q4 201524$5.5bnn.a.n.a.
Q1 201615$7.9bnn.a.n.a.
Q2 201622$8.3bnn.a.n.a.
Q3 201617$7.5bnn.a.n.a.
Q4 201621$7.3bnn.a.n.a.
Q1 201720$6.8bnn.a.n.a.
Q2 201722$7.5bnn.a.n.a.
Q3 201723$7.8bnn.a.n.a.
Q4 201723$8.0bnn.a.n.a.
Q1 201824$7.5bnn.a.n.a.
Q2 201822$7.8bnn.a.n.a.
Q3 201824$7.2bnn.a.n.a.
Q4 201824$6.9bnn.a.n.a.
Q1 201924$7.7bnn.a.n.a.
Q2 201923$7.0bnn.a.n.a.
Q3 201926$7.2bnn.a.n.a.
Q4 201924$7.6bnn.a.n.a.
Q1 202023$6.4bnn.a.n.a.
Q2 202020$6.8bnn.a.n.a.
Q3 202020$6.5bnn.a.n.a.
Q4 202016$7.0bnn.a.n.a.
Q1 202118$7.4bnn.a.n.a.
Q2 202114$7.2bnn.a.n.a.
Q3 202114$8.2bnn.a.n.a.
Q4 202120$10.0bnn.a.n.a.
Q1 202219$9.0bnn.a.n.a.
Q2 202218$7.6bnn.a.n.a.
Q3 202223$6.9bnn.a.n.a.
Q4 202220$7.3bnn.a.n.a.
Q1 202316$6.9bnn.a.n.a.
Q2 202317$6.5bnn.a.n.a.
Q3 202315$5.9bnn.a.n.a.
Q4 202312$5.3bn88
Q1 202416$6.0bn116
Q2 202410$4.4bn46
Q3 202415$5.7bn115
Q4 202417$4.8bn125
Q1 202516$4.9bn107
Q2 202513$4.1bn66
Q3 202516$4.2bn133
Q4 202512$5.2bn1323
Q1 202612$6.4bn1120
Q2 202615$5.7bn2215

Compare with…

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

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

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