L3VLUP
Quarter end
30 Jun 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 7 Aug 2025
Managers listing it
18
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q1 2025 and Q2 2025; 16 listed it in both
Shares listed
109,178,633
combined, among listed positions
Reported value
$3.8bn
combined, at the quarter end

Among the 95 comparable managers: 11 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 FTI in Q2 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q1 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

18 of 18 holders

ActionFiling
T. Rowe Price Associates Inc46,952,852$1.6bn0.18%Added+2,456,92614 Aug 2025 (the filing on sec.gov)
Fidelity (FMR LLC)15,034,136$518munder 0.1%Trimmed-3,559,68514 Aug 2025 (the filing on sec.gov)
Capital World Investors14,261,670$491m0.07%Added+7,758,61413 Aug 2025 (the filing on sec.gov)
MFS Investment Management10,141,701$349m0.11%Added+189,6378 Aug 2025 (the filing on sec.gov)
AQR Capital Management LLC9,938,410$342m0.28%Added+1,202,71314 Aug 2025 (the filing on sec.gov)
Neuberger Berman Group LLC3,645,064$126m0.10%Added+149,18127 Oct 2026 (the filing on sec.gov)
D. E. Shaw & Co.3,475,898$120m0.08%Added+1,354,10414 Aug 2025 (the filing on sec.gov)
Tudor Investment Corp1,206,316$42m0.09%Added+528,87514 Aug 2025 (the filing on sec.gov)
Balyasny Asset Management LLC1,134,939$39m0.06%Trimmed-751,54814 Aug 2025 (the filing on sec.gov)
Bridgewater Associates LP812,545$28m0.11%Added+70,38513 Aug 2025 (the filing on sec.gov)
Two Sigma Advisers LP685,800$24munder 0.1%Added+169,80014 Aug 2025 (the filing on sec.gov)
Voloridge Investment Management LLC550,849$19m0.07%Newnew14 Aug 2025 (the filing on sec.gov)
Freestone Grove Partners LP516,795$18m0.13%Trimmed-551,14014 Aug 2025 (the filing on sec.gov)
Acadian Asset Management LLC432,950$15munder 0.1%Trimmed-190,5977 Aug 2025 (the filing on sec.gov)
ExodusPoint Capital Management LP243,666$8.4m0.07%Trimmed-340,50413 Aug 2025 (the filing on sec.gov)
PDT Partners LLC75,714$2.6m0.15%Trimmed-63,12714 Aug 2025 (the filing on sec.gov)
Polen Capital Management LLC51,582$1.8munder 0.1%Newnew13 Aug 2025 (the filing on sec.gov)
Maverick Capital Ltd17,746$611kunder 0.1%Held014 Aug 2025 (the filing on sec.gov)

Largest increases and reductions, by shares

Q1 2025 to Q2 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.
18 in Q3 2024 to 17 in Q2 2026

Tracked managers listing it, at least.

051015202017201820192020202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
FTI by quarter
QuarterHoldersReported valueBuyersSellers
Q4 20161$54mn.a.n.a.
Q1 201711$1.6bnn.a.n.a.
Q2 20179$1.8bnn.a.n.a.
Q3 201711$1.9bnn.a.n.a.
Q4 201711$2.1bnn.a.n.a.
Q1 20188$1.7bnn.a.n.a.
Q2 20188$2.0bnn.a.n.a.
Q3 20184$1.8bnn.a.n.a.
Q4 20189$1.3bnn.a.n.a.
Q1 20199$1.5bnn.a.n.a.
Q2 20196$2.1bnn.a.n.a.
Q3 20198$1.7bnn.a.n.a.
Q4 201911$1.6bnn.a.n.a.
Q1 20209$290mn.a.n.a.
Q2 202014$288mn.a.n.a.
Q3 202012$216mn.a.n.a.
Q4 20207$124mn.a.n.a.
Q1 20216$123mn.a.n.a.
Q2 202110$573mn.a.n.a.
Q3 20216$465mn.a.n.a.
Q4 20216$392mn.a.n.a.
Q1 20228$705mn.a.n.a.
Q2 20228$624mn.a.n.a.
Q3 20228$1.0bnn.a.n.a.
Q4 202214$1.7bnn.a.n.a.
Q1 202316$1.8bnn.a.n.a.
Q2 202313$2.1bnn.a.n.a.
Q3 202312$2.5bnn.a.n.a.
Q4 202315$2.1bn69
Q1 202418$2.7bn118
Q2 202420$3.0bn138
Q3 202418$2.9bn1010
Q4 202419$2.9bn810
Q1 202520$3.5bn137
Q2 202518$3.8bn117
Q3 202516$4.2bn89
Q4 202515$5.0bn1516
Q1 202620$8.0bn2115
Q2 202617$6.5bn1524

Compare with…

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

FTI and GE →FTI and LRCX →FTI and GEV →Choose a stock to compare with FTI →

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