L3VLUP
Quarter end
31 Mar 2025
the date the book describes
Filed
5 Nov 2026
latest of these filings; the earliest 2 May 2025
Managers listing it
29
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q4 2024 and Q1 2025; 24 listed it in both
Shares listed
43,739,997
combined, among listed positions
Reported value
$9.9bn
combined, at the quarter end

Among the 95 comparable managers: 18 buyers (opened or added shares) and 11 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 HLT 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.

29 of 29 holders

ActionFiling
Fidelity (FMR LLC)11,115,077$2.5bn0.16%Added+15,8395 Nov 2026 (the filing on sec.gov)
MFS Investment Management4,836,430$1.1bn0.37%Added+364,3072 May 2025 (the filing on sec.gov)
T. Rowe Price Associates Inc3,175,337$723m0.09%Trimmed-733,98114 May 2025 (the filing on sec.gov)
Capital Research Global Investors3,095,585$704m0.15%Trimmed-1,195,15712 May 2025 (the filing on sec.gov)
Pershing Square Capital Management LP3,000,770$683m5.72%Trimmed-2,439,77615 May 2025 (the filing on sec.gov)
Arrowstreet Capital LP2,601,502$592m0.48%Trimmed-663,58514 May 2025 (the filing on sec.gov)
Invesco Ltd2,495,765$568m0.11%Trimmed-286,02512 May 2025 (the filing on sec.gov)
Capital World Investors2,000,255$455m0.07%Trimmed-931,60312 May 2025 (the filing on sec.gov)
Janus Henderson Group Ltd1,842,011$416m0.23%Added+562,32815 May 2025 (the filing on sec.gov)
Wellington Management Group LLP1,691,871$385m0.07%Added+268,88913 May 2025 (the filing on sec.gov)
Holocene Advisors LP1,678,523$382m1.11%Added+307,03415 May 2025 (the filing on sec.gov)
D. E. Shaw & Co.1,209,936$275m0.25%Added+280,67015 May 2025 (the filing on sec.gov)
Marshall Wace LLP1,158,312$264m0.33%Added+396,05115 May 2025 (the filing on sec.gov)
Squarepoint Ops LLC1,092,922$249m0.30%Added+637,23527 Aug 2025 (the filing on sec.gov)
AQR Capital Management LLC812,615$181m0.19%Added+97,99515 May 2025 (the filing on sec.gov)
Voloridge Investment Management LLC427,709$97m0.36%Added+213,14615 May 2025 (the filing on sec.gov)
Renaissance Technologies LLC351,500$80m0.12%Added+169,10014 May 2025 (the filing on sec.gov)
Man Group PLC232,498$53m0.13%Addedn.a.15 May 2025 (the filing on sec.gov)
Two Sigma Investments LP230,376$52m0.11%Added+118,66915 May 2025 (the filing on sec.gov)
Harris Associates LP168,353$38m0.06%Trimmed-111,91415 May 2025 (the filing on sec.gov)
ExodusPoint Capital Management LP145,270$33m0.33%Trimmed-41,48314 May 2025 (the filing on sec.gov)
Two Sigma Advisers LP136,500$31m0.07%Newnew15 May 2025 (the filing on sec.gov)
Eisler Capital Management Ltd90,039$20m0.14%Addedn.a.14 May 2025 (the filing on sec.gov)
Walleye Capital LLC49,176$11m0.05%Addedn.a.14 May 2025 (the filing on sec.gov)
Quantbot Technologies LP35,993$8.2m0.26%Newnew13 May 2025 (the filing on sec.gov)
Page 1 of 2

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.

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.
29 in Q3 2024 to 31 in Q2 2026

Tracked managers listing it, at least.

0102030402017201820192020202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
HLT by quarter
QuarterHoldersReported valueBuyersSellers
Q4 20166$700mn.a.n.a.
Q1 201711$2.5bnn.a.n.a.
Q2 201713$2.6bnn.a.n.a.
Q3 201711$3.3bnn.a.n.a.
Q4 201714$3.7bnn.a.n.a.
Q1 201816$3.5bnn.a.n.a.
Q2 201824$6.3bnn.a.n.a.
Q3 201816$6.2bnn.a.n.a.
Q4 201819$6.4bnn.a.n.a.
Q1 201922$7.7bnn.a.n.a.
Q2 201925$9.7bnn.a.n.a.
Q3 201926$9.2bnn.a.n.a.
Q4 201923$10.5bnn.a.n.a.
Q1 202017$7.8bnn.a.n.a.
Q2 202015$7.8bnn.a.n.a.
Q3 202022$8.4bnn.a.n.a.
Q4 202024$10.7bnn.a.n.a.
Q1 202124$11.0bnn.a.n.a.
Q2 202119$10.4bnn.a.n.a.
Q3 202122$11.2bnn.a.n.a.
Q4 202123$13.5bnn.a.n.a.
Q1 202226$12.0bnn.a.n.a.
Q2 202229$8.4bnn.a.n.a.
Q3 202226$8.6bnn.a.n.a.
Q4 202228$8.3bnn.a.n.a.
Q1 202329$8.8bnn.a.n.a.
Q2 202328$8.9bnn.a.n.a.
Q3 202328$9.4bnn.a.n.a.
Q4 202326$10.4bn1117
Q1 202430$12.1bn1415
Q2 202428$12.2bn1811
Q3 202429$11.7bn1416
Q4 202428$11.5bn1416
Q1 202529$9.9bn1811
Q2 202522$10.7bn1114
Q3 202527$10.9bn1512
Q4 202527$12.4bn1825
Q1 202624$11.5bn1724
Q2 202631$13.3bn2221

Compare with…

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

HLT and AMZN →HLT and TSLA →HLT and HD →Choose a stock to compare with HLT →

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