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
23
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
4,368,598
combined, among listed positions
Reported value
$746m
combined, at the quarter end

Among the 92 comparable managers: 7 buyers (opened or added shares) and 21 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -420,474.

Managers listing FCN 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.

23 of 23 holders

ActionFiling
Fidelity (FMR LLC)1,311,702$224munder 0.1%Added+519,11017 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP779,621$133munder 0.1%Trimmed-6,03617 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc525,577$90munder 0.1%Added+13,84017 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.429,064$73munder 0.1%Trimmed-8,51717 Feb 2026 (the filing on sec.gov)
Invesco Ltd315,185$54munder 0.1%Trimmed-48,76219 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC278,738$48munder 0.1%Added+107,18117 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP221,119$38munder 0.1%Trimmed-121,17117 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP140,307$24munder 0.1%Trimmed-72,07817 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC78,607$13munder 0.1%Trimmed-4,54217 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC57,199$9.8munder 0.1%Trimmed-96,31717 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC52,800$9.0munder 0.1%Trimmed-143,90012 Feb 2026 (the filing on sec.gov)
Millennium Management LLC47,908$8.2munder 0.1%Trimmed-108,37417 Feb 2026 (the filing on sec.gov)
Winton Group Ltd44,076$7.5m0.26%Newnew11 Feb 2026 (the filing on sec.gov)
Holocene Advisors LP31,481$5.4munder 0.1%Trimmed-17,29617 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd14,987$2.6munder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Man Group PLC9,438$1.6munder 0.1%Trimmed-88617 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP7,493$1.3munder 0.1%Added+70317 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP7,338$1.3munder 0.1%Trimmed-10,15213 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC6,215$1.1munder 0.1%Trimmed-221,34112 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC4,848$828kunder 0.1%Added+23927 Oct 2026 (the filing on sec.gov)
Verition Fund Management LLC2,100$359kunder 0.1%Trimmed-1,11713 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP1,419$242kunder 0.1%Trimmed-11,21613 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC1,376$235kunder 0.1%Newnew17 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.
7 in Q3 2024 to 4 in Q2 2026

Tracked managers listing it, at least.

0358102014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
FCN by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20131$89mn.a.n.a.
Q3 20131$102mn.a.n.a.
Q4 20134$111mn.a.n.a.
Q1 20141$78mn.a.n.a.
Q2 20141$60mn.a.n.a.
Q3 20144$49mn.a.n.a.
Q4 20143$61mn.a.n.a.
Q1 20151$14mn.a.n.a.
Q2 20151$9.0mn.a.n.a.
Q3 20152$95mn.a.n.a.
Q1 20162$109mn.a.n.a.
Q2 20162$123mn.a.n.a.
Q3 20163$131mn.a.n.a.
Q4 20162$125mn.a.n.a.
Q1 20171$406kn.a.n.a.
Q2 20172$6.6mn.a.n.a.
Q3 20171$5.4mn.a.n.a.
Q4 20173$8.2mn.a.n.a.
Q1 20182$18mn.a.n.a.
Q2 20183$67mn.a.n.a.
Q3 20186$148mn.a.n.a.
Q4 20186$97mn.a.n.a.
Q1 20194$101mn.a.n.a.
Q2 20196$414mn.a.n.a.
Q3 20194$494mn.a.n.a.
Q4 20194$535mn.a.n.a.
Q1 20208$775mn.a.n.a.
Q2 20207$719mn.a.n.a.
Q3 20209$132mn.a.n.a.
Q4 20208$105mn.a.n.a.
Q1 20217$146mn.a.n.a.
Q2 20218$150mn.a.n.a.
Q3 20218$136mn.a.n.a.
Q4 20216$246mn.a.n.a.
Q1 20223$199mn.a.n.a.
Q2 20225$289mn.a.n.a.
Q3 20224$239mn.a.n.a.
Q4 20225$395mn.a.n.a.
Q1 20236$517mn.a.n.a.
Q2 20236$500mn.a.n.a.
Q3 20235$560mn.a.n.a.
Q4 20236$683m33
Q1 20247$587m35
Q2 20247$638m42
Q3 20247$712m43
Q4 20247$361m61
Q1 20258$194m53
Q2 20258$266m71
Q3 20257$275m54
Q4 20253$146m721
Q1 20262$344m915
Q2 20264$460m1611

Compare with…

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

FCN and V →FCN and MA →FCN and MCO →Choose a stock to compare with FCN →

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