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
17
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
5,883,407
combined, among listed positions
Reported value
$1.2bn
combined, at the quarter end

Among the 95 comparable managers: 13 buyers (opened or added shares) and 4 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 FN 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.

17 of 17 holders

ActionFiling
Whale Rock Capital Management LLC1,288,145$254m4.41%Added+448,36815 May 2025 (the filing on sec.gov)
Capital Research Global Investors1,196,619$236m0.05%Added+779,59912 May 2025 (the filing on sec.gov)
Baillie Gifford & Co644,557$127m0.11%Added+91,5197 May 2025 (the filing on sec.gov)
Balyasny Asset Management LLC462,719$91m0.15%Addedn.a.15 May 2025 (the filing on sec.gov)
Capital World Investors417,103$82munder 0.1%Added+4,56212 May 2025 (the filing on sec.gov)
AllianceBernstein LP411,760$81munder 0.1%Trimmed-355,08715 May 2025 (the filing on sec.gov)
Artisan Partners LP330,237$65m0.11%Trimmed-57,14314 May 2025 (the filing on sec.gov)
Point72 Asset Management LP292,158$58m0.13%Addedn.a.21 Jul 2025 (the filing on sec.gov)
Janus Henderson Group Ltd242,151$47munder 0.1%Added+81,63315 May 2025 (the filing on sec.gov)
Arrowstreet Capital LP177,502$35munder 0.1%Trimmed-89,72614 May 2025 (the filing on sec.gov)
Freestone Grove Partners LP157,805$31m0.32%Newnew15 May 2025 (the filing on sec.gov)
Voloridge Investment Management LLC67,485$13munder 0.1%Newnew15 May 2025 (the filing on sec.gov)
First Eagle Investment Management LLC66,954$13munder 0.1%Added+6,91412 May 2025 (the filing on sec.gov)
Tudor Investment Corp58,853$12munder 0.1%Trimmed-40,01315 May 2025 (the filing on sec.gov)
Walleye Capital LLC48,369$9.6munder 0.1%Addedn.a.14 May 2025 (the filing on sec.gov)
Polen Capital Management LLC15,249$3.0munder 0.1%Added+2,64412 May 2025 (the filing on sec.gov)
Winton Group Ltd5,741$1.1m0.07%Added+94115 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.

Exited (0)

No exit shown by a manager’s own filing.

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.
14 in Q3 2024 to 20 in Q2 2026

Tracked managers listing it, at least.

05101520201420162017201820192020202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
FN by quarter
QuarterHoldersReported valueBuyersSellers
Q1 20141$264kn.a.n.a.
Q3 20152$11mn.a.n.a.
Q4 20152$7.4mn.a.n.a.
Q1 20163$54mn.a.n.a.
Q2 20163$69mn.a.n.a.
Q3 20164$66mn.a.n.a.
Q4 20162$37mn.a.n.a.
Q1 20172$39mn.a.n.a.
Q2 20171$38mn.a.n.a.
Q1 20181$33mn.a.n.a.
Q2 20181$52mn.a.n.a.
Q3 20182$20mn.a.n.a.
Q4 20181$5.1mn.a.n.a.
Q1 20192$2.3mn.a.n.a.
Q2 20191$27mn.a.n.a.
Q3 20192$35mn.a.n.a.
Q4 20191$12mn.a.n.a.
Q1 20203$13mn.a.n.a.
Q2 20203$17mn.a.n.a.
Q3 20202$41mn.a.n.a.
Q4 20202$58mn.a.n.a.
Q1 20214$141mn.a.n.a.
Q2 20216$188mn.a.n.a.
Q3 20217$315mn.a.n.a.
Q4 20216$381mn.a.n.a.
Q1 20227$385mn.a.n.a.
Q2 20227$246mn.a.n.a.
Q3 20226$281mn.a.n.a.
Q4 20228$481mn.a.n.a.
Q1 20237$280mn.a.n.a.
Q2 20235$279mn.a.n.a.
Q3 20238$504mn.a.n.a.
Q4 20239$933m53
Q1 202410$1.0bn55
Q2 202414$1.7bn87
Q3 202414$1.2bn85
Q4 202416$1.5bn115
Q1 202517$1.2bn134
Q2 202513$2.1bn76
Q3 202516$3.6bn98
Q4 202515$4.9bn1318
Q1 202619$5.8bn1919
Q2 202620$4.8bn2615

Compare with…

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

FN and AAPL →FN and SNDK →FN and CSCO →Choose a stock to compare with FN →

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