L3VLUP
Quarter end
30 Sep 2025
the date the book describes
Filed
15 Dec 2025
latest of these filings; the earliest 12 Nov 2025
Managers listing it
20
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q2 2025 and Q3 2025; 15 listed it in both
Shares listed
8,564,355
combined, among listed positions
Reported value
$1.3bn
combined, at the quarter end

Among the 95 comparable managers: 7 buyers (opened or added shares) and 14 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 FIVE in Q3 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q2 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

20 of 20 holders

ActionFiling
D. E. Shaw & Co.2,076,318$321m0.18%Trimmed-807,98014 Nov 2025 (the filing on sec.gov)
Capital World Investors1,353,928$209munder 0.1%Added+12,58313 Nov 2025 (the filing on sec.gov)
Marshall Wace LLP1,154,259$179m0.18%Added+114,71113 Nov 2025 (the filing on sec.gov)
Wellington Management Group LLP848,105$131munder 0.1%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Balyasny Asset Management LLC831,206$129m0.16%Trimmed-442,86114 Nov 2025 (the filing on sec.gov)
Two Sigma Advisers LP641,700$99m0.20%Trimmed-256,80014 Nov 2025 (the filing on sec.gov)
Two Sigma Investments LP400,254$62m0.09%Trimmed-543,74314 Nov 2025 (the filing on sec.gov)
Man Group PLC215,657$33m0.06%Trimmed-138,49014 Nov 2025 (the filing on sec.gov)
Verition Fund Management LLC186,239$29m0.12%Trimmed-86,50714 Nov 2025 (the filing on sec.gov)
Freestone Grove Partners LP155,493$24m0.18%Newnew14 Nov 2025 (the filing on sec.gov)
Walleye Capital LLC147,128$23m0.09%Trimmed-15,82814 Nov 2025 (the filing on sec.gov)
Winton Group Ltd119,035$18m0.69%Trimmed-39,12113 Nov 2025 (the filing on sec.gov)
Voloridge Investment Management LLC96,946$15m0.05%Trimmed-572,40214 Nov 2025 (the filing on sec.gov)
Davidson Kempner Capital Management LP90,000$14m0.18%Newnew14 Nov 2025 (the filing on sec.gov)
PDT Partners LLC89,781$14m0.88%Trimmed-517 Nov 2025 (the filing on sec.gov)
Hudson Bay Capital Management LP59,762$9.2munder 0.1%Trimmed-411,74415 Dec 2025 (the filing on sec.gov)
Acadian Asset Management LLC57,775$8.9munder 0.1%Addedn.a.13 Nov 2025 (the filing on sec.gov)
Quantbot Technologies LP21,231$3.3m0.09%Trimmed-46,76312 Nov 2025 (the filing on sec.gov)
Maverick Capital Ltd14,423$2.2munder 0.1%Trimmed-5,03714 Nov 2025 (the filing on sec.gov)
Moore Capital Management LP5,115$791kunder 0.1%Newnew14 Nov 2025 (the filing on sec.gov)

Largest increases and reductions, by shares

Q2 2025 to Q3 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.
13 in Q3 2024 to 21 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.
FIVE by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20138$825mn.a.n.a.
Q3 201310$944mn.a.n.a.
Q4 20137$939mn.a.n.a.
Q1 20148$752mn.a.n.a.
Q2 201412$837mn.a.n.a.
Q3 20147$888mn.a.n.a.
Q4 20149$948mn.a.n.a.
Q1 201511$495mn.a.n.a.
Q2 20159$401mn.a.n.a.
Q3 20156$312mn.a.n.a.
Q4 20157$433mn.a.n.a.
Q1 20168$459mn.a.n.a.
Q2 20165$353mn.a.n.a.
Q3 20166$309mn.a.n.a.
Q4 20164$288mn.a.n.a.
Q1 20176$302mn.a.n.a.
Q2 20176$362mn.a.n.a.
Q3 20176$411mn.a.n.a.
Q4 20179$505mn.a.n.a.
Q1 201811$611mn.a.n.a.
Q2 201816$816mn.a.n.a.
Q3 201815$1.1bnn.a.n.a.
Q4 201817$911mn.a.n.a.
Q1 201918$1.3bnn.a.n.a.
Q2 201916$850mn.a.n.a.
Q3 201917$1.1bnn.a.n.a.
Q4 201917$1.4bnn.a.n.a.
Q1 202015$1.0bnn.a.n.a.
Q2 202016$1.7bnn.a.n.a.
Q3 202014$2.1bnn.a.n.a.
Q4 202017$2.7bnn.a.n.a.
Q1 202121$2.9bnn.a.n.a.
Q2 202116$3.1bnn.a.n.a.
Q3 202115$2.7bnn.a.n.a.
Q4 202117$3.4bnn.a.n.a.
Q1 202215$2.3bnn.a.n.a.
Q2 202213$1.8bnn.a.n.a.
Q3 202212$2.0bnn.a.n.a.
Q4 202213$2.5bnn.a.n.a.
Q1 202315$3.5bnn.a.n.a.
Q2 202315$3.2bnn.a.n.a.
Q3 202316$2.7bnn.a.n.a.
Q4 202318$3.7bn118
Q1 202421$2.9bn1013
Q2 202412$1.1bn87
Q3 202413$812m86
Q4 202412$1.0bn85
Q1 202518$585m136
Q2 202521$1.6bn138
Q3 202520$1.3bn714
Q4 202525$2.5bn2120
Q1 202624$2.7bn2117
Q2 202621$2.1bn1722

Compare with…

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

FIVE and PM →FIVE and KO →FIVE and COST →Choose a stock to compare with FIVE →

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