L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
19
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 5 listed it in both
Shares listed
296,729,889
combined, among listed positions
Reported value
$3.0bn
combined, at the quarter end

Among the 92 comparable managers: 13 buyers (opened or added shares) and 11 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +785,321.

Managers listing HLN 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.

19 of 19 holders

ActionFiling
Dodge & Cox151,755,452$1.5bn0.83%Trimmed-2,629,17013 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)107,941,807$1.1bn0.06%Added+3,939,22117 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP8,027,189$81munder 0.1%Added+7,845,39113 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC7,483,113$76munder 0.1%Added+3,763,18117 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP4,992,529$50munder 0.1%Trimmed-10,687,69617 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP4,739,817$48m0.05%Added+2,377,51917 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC3,505,109$35m0.12%Trimmed-2,383,36917 Feb 2026 (the filing on sec.gov)
First Eagle Investment Management LLC3,335,583$34m0.06%Added+278,6324 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC1,538,636$16munder 0.1%Added+113,56812 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC767,525$7.8munder 0.1%Trimmed-197,09327 Oct 2026 (the filing on sec.gov)
MFS Investment Management766,999$7.8munder 0.1%Newnew22 Jan 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC766,196$7.7munder 0.1%Added+283,22917 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC665,634$6.7munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC149,855$1.5munder 0.1%Added+11,10117 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC143,497$1.4munder 0.1%Added+7,67110 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP57,150$578kunder 0.1%Added+34617 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP47,356$479kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP25,081$254kunder 0.1%Trimmed-9,13417 Feb 2026 (the filing on sec.gov)
Invesco Ltd21,361$216kunder 0.1%Trimmed-661,55619 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.
5 in Q3 2024 to 7 in Q2 2026

Tracked managers listing it, at least.

02468Q3 2022Q1 2023Q3 2023Q1 2024Q3 2024Q1 2025Q3 2025Q1 2026Q2 2026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
HLN by quarter
QuarterHoldersReported valueBuyersSellers
Q3 20226$491mn.a.n.a.
Q4 20224$798mn.a.n.a.
Q1 20233$1.0bnn.a.n.a.
Q2 20233$1.0bnn.a.n.a.
Q3 20235$1.5bnn.a.n.a.
Q4 20236$1.6bn60
Q1 20245$2.3bn41
Q2 20246$2.3bn51
Q3 20245$3.0bn32
Q4 20245$3.0bn41
Q1 20257$3.2bn61
Q2 20258$3.2bn53
Q3 20255$2.5bn15
Q4 20257$2.8bn1311
Q1 20267$3.0bn158
Q2 20267$3.0bn218

Compare with…

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

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

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