L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 11 Feb 2026
Managers listing it
25
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 5 listed it in both
Shares listed
18,801,309
combined, among listed positions
Reported value
$1.2bn
combined, at the quarter end

Among the 92 comparable managers: 13 buyers (opened or added shares) and 16 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +388,453.

Managers listing FAF 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.

25 of 25 holders

ActionFiling
Fidelity (FMR LLC)9,160,719$563munder 0.1%Added+9,03917 Feb 2026 (the filing on sec.gov)
Capital Research Global Investors3,415,825$210munder 0.1%Added+109,24211 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP1,475,228$91munder 0.1%Added+56,69017 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC1,408,738$87munder 0.1%Added+478,40317 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC1,037,854$64munder 0.1%Added+485,73117 Feb 2026 (the filing on sec.gov)
Invesco Ltd502,147$31munder 0.1%Added+51,65319 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP389,915$24munder 0.1%Trimmed-77,90817 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP292,815$18munder 0.1%Added+97,87017 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP225,468$14munder 0.1%Added+57,68413 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP169,200$10munder 0.1%Trimmed-59,30017 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC148,178$9.1munder 0.1%Trimmed-41,41217 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP131,693$8.1munder 0.1%Trimmed-2,69717 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc87,530$5.4munder 0.1%Added+3,79417 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC70,200$4.3munder 0.1%Trimmed-194,30012 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC60,070$3.7munder 0.1%Added+44,17417 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd45,544$2.8munder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Man Group PLC45,428$2.8munder 0.1%Trimmed-135,29017 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP34,218$2.1munder 0.1%Added+8,87317 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.24,374$1.5munder 0.1%Trimmed-20,00817 Feb 2026 (the filing on sec.gov)
Millennium Management LLC23,397$1.4munder 0.1%Trimmed-68,08217 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP16,669$1.0munder 0.1%Added+7,70613 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC13,697$842kunder 0.1%Added+6,83927 Oct 2026 (the filing on sec.gov)
Verition Fund Management LLC10,914$671kunder 0.1%Trimmed-10,92013 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp7,584$466kunder 0.1%Trimmed-70,97017 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC3,904$240kunder 0.1%Trimmed-129,57412 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.

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.
6 in Q3 2024 to 4 in Q2 2026

Tracked managers listing it, at least.

051015202014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
FAF by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20134$235mn.a.n.a.
Q3 20132$264mn.a.n.a.
Q4 20134$311mn.a.n.a.
Q1 20144$296mn.a.n.a.
Q2 20143$304mn.a.n.a.
Q3 20142$302mn.a.n.a.
Q4 20142$378mn.a.n.a.
Q1 20153$347mn.a.n.a.
Q2 20153$865mn.a.n.a.
Q3 20156$1.0bnn.a.n.a.
Q4 20155$983mn.a.n.a.
Q1 20165$911mn.a.n.a.
Q2 20165$871mn.a.n.a.
Q3 20169$795mn.a.n.a.
Q4 201610$563mn.a.n.a.
Q1 20177$532mn.a.n.a.
Q2 20175$640mn.a.n.a.
Q3 20177$731mn.a.n.a.
Q4 20178$762mn.a.n.a.
Q1 201812$800mn.a.n.a.
Q2 201810$582mn.a.n.a.
Q3 201813$638mn.a.n.a.
Q4 201811$893mn.a.n.a.
Q1 201910$1.0bnn.a.n.a.
Q2 201916$880mn.a.n.a.
Q3 201915$894mn.a.n.a.
Q4 201916$822mn.a.n.a.
Q1 202013$578mn.a.n.a.
Q2 202011$554mn.a.n.a.
Q3 20209$576mn.a.n.a.
Q4 20209$256mn.a.n.a.
Q1 20219$185mn.a.n.a.
Q2 20216$176mn.a.n.a.
Q3 20217$138mn.a.n.a.
Q4 20215$188mn.a.n.a.
Q1 20225$184mn.a.n.a.
Q2 20226$72mn.a.n.a.
Q3 20224$50mn.a.n.a.
Q4 20224$415mn.a.n.a.
Q1 20232$482mn.a.n.a.
Q2 20233$538mn.a.n.a.
Q3 20233$541mn.a.n.a.
Q4 20236$697m60
Q1 20246$604m52
Q2 20243$510m21
Q3 20246$389m51
Q4 20243$282m12
Q1 202510$434m73
Q2 20259$770m64
Q3 20257$870m43
Q4 20252$773m1316
Q1 20266$894m1711
Q2 20264$890m1418

Compare with…

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

FAF and V →FAF and AXP →FAF and BAC →Choose a stock to compare with FAF →

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