L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
19 Feb 2026
latest of these filings; the earliest 10 Feb 2026
Managers listing it
25
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 1 listed it in both
Shares listed
9,688,208
combined, among listed positions
Reported value
$270m
combined, at the quarter end

Among the 92 comparable managers: 19 buyers (opened or added shares) and 6 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +758,218.

Managers listing HG 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.

25 of 25 holders

ActionFiling
Wellington Management Group LLP4,376,258$122munder 0.1%Trimmed-921,22617 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP1,356,650$38munder 0.1%Trimmed-16,84113 Feb 2026 (the filing on sec.gov)
Millennium Management LLC881,667$25munder 0.1%Added+417,26117 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP597,370$17m0.12%Newnew17 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC559,707$16munder 0.1%Added+25,52017 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC472,149$13munder 0.1%Added+157,58317 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp379,658$11munder 0.1%Added+102,54217 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC230,328$6.4munder 0.1%Added+36,47217 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC155,800$4.3munder 0.1%Added+108,90012 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP153,877$4.3munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.139,279$3.9munder 0.1%Added+68,14317 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP47,393$1.3munder 0.1%Added+23,56910 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC44,373$1.2munder 0.1%Added+34,22210 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC41,465$1.2munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP40,930$1.1munder 0.1%Added+9017 Feb 2026 (the filing on sec.gov)
Invesco Ltd40,237$1.1munder 0.1%Added+5,75619 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC33,809$943kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Man Group PLC33,551$936kunder 0.1%Trimmed-5,67717 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc25,759$719kunder 0.1%Added+1,19017 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC19,692$549kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd18,696$522kunder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP15,272$426kunder 0.1%Trimmed-15,26617 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP13,404$374kunder 0.1%Trimmed-34813 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC9,597$268kunder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)1,287$36kunder 0.1%Added+51817 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.
3 in Q3 2024 to 3 in Q2 2026

Tracked managers listing it, at least.

0246Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
HG by quarter
QuarterHoldersReported valueBuyersSellers
Q4 20236$57m60
Q1 20243$42m03
Q2 20242$12m11
Q3 20243$6.6m21
Q4 20242$4.6m10
Q1 20252$2.8m02
Q2 20252$12m20
Q3 20252$134m10
Q4 20251$17m196
Q1 20263$151m1311
Q2 20263$226m1113

Compare with…

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

HG and V →HG and AXP →HG and BAC →Choose a stock to compare with HG →

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