L3VLUP
Quarter end
30 Sep 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 29 Oct 2025
Managers listing it
16
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q2 2025 and Q3 2025; 12 listed it in both
Shares listed
107,061,724
combined, among listed positions
Reported value
$4.2bn
combined, at the quarter end

Among the 95 comparable managers: 8 buyers (opened or added shares) and 9 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 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.

16 of 16 holders

ActionFiling
T. Rowe Price Associates Inc43,359,274$1.7bn0.18%Trimmed-3,593,57814 Nov 2025 (the filing on sec.gov)
Capital World Investors14,292,837$564m0.08%Added+31,16713 Nov 2025 (the filing on sec.gov)
Fidelity (FMR LLC)13,403,179$529munder 0.1%Trimmed-1,630,95713 Nov 2025 (the filing on sec.gov)
AQR Capital Management LLC13,316,569$525m0.34%Added+3,378,15914 Nov 2025 (the filing on sec.gov)
MFS Investment Management10,374,192$409m0.13%Added+232,49129 Oct 2025 (the filing on sec.gov)
AllianceBernstein LP4,802,525$189m0.06%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Neuberger Berman Group LLC2,875,862$113m0.08%Trimmed-769,20227 Oct 2026 (the filing on sec.gov)
Marshall Wace LLP951,449$38munder 0.1%Addedn.a.13 Nov 2025 (the filing on sec.gov)
Renaissance Technologies LLC928,400$37munder 0.1%Addedn.a.13 Nov 2025 (the filing on sec.gov)
Bridgewater Associates LP602,628$24m0.09%Trimmed-209,91713 Nov 2025 (the filing on sec.gov)
Tudor Investment Corp547,901$22munder 0.1%Trimmed-658,4159 Dec 2025 (the filing on sec.gov)
Acadian Asset Management LLC476,074$19munder 0.1%Added+43,12413 Nov 2025 (the filing on sec.gov)
Voloridge Investment Management LLC444,469$18m0.06%Trimmed-106,38014 Nov 2025 (the filing on sec.gov)
Two Sigma Advisers LP337,600$13munder 0.1%Trimmed-348,20014 Nov 2025 (the filing on sec.gov)
Verition Fund Management LLC297,845$12munder 0.1%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Polen Capital Management LLC50,920$2.0munder 0.1%Trimmed-66212 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.

New (0)

No new position among listed positions.

Exited (1)

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 →