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
25
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q4 2024 and Q1 2025; 20 listed it in both
Shares listed
15,816,133
combined, among listed positions
Reported value
$9.0bn
combined, at the quarter end

Among the 95 comparable managers: 16 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 HUBS 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.

25 of 25 holders

ActionFiling
T. Rowe Price Associates Inc4,910,062$2.8bn0.35%Added+714,98014 May 2025 (the filing on sec.gov)
Fidelity (FMR LLC)3,743,718$2.1bn0.14%Trimmed-382,3035 Nov 2026 (the filing on sec.gov)
Wellington Management Group LLP1,432,638$818m0.16%Trimmed-44,55213 May 2025 (the filing on sec.gov)
Invesco Ltd978,034$559m0.11%Trimmed-231,71012 May 2025 (the filing on sec.gov)
MFS Investment Management927,927$530m0.18%Added+251,8532 May 2025 (the filing on sec.gov)
Durable Capital Partners LP847,463$484m4.33%Trimmed-117,86115 May 2025 (the filing on sec.gov)
Janus Henderson Group Ltd487,619$284m0.16%Added+410,58015 May 2025 (the filing on sec.gov)
AQR Capital Management LLC341,957$191m0.20%Added+133,72015 May 2025 (the filing on sec.gov)
Artisan Partners LP311,051$178m0.29%Trimmed-30,47014 May 2025 (the filing on sec.gov)
AllianceBernstein LP278,607$159m0.06%Trimmed-7,72015 May 2025 (the filing on sec.gov)
Point72 Asset Management LP239,387$137m0.31%Added+64,91221 Jul 2025 (the filing on sec.gov)
Two Sigma Investments LP231,027$132m0.28%Added+87,81015 May 2025 (the filing on sec.gov)
Two Sigma Advisers LP197,500$113m0.25%Added+66,80015 May 2025 (the filing on sec.gov)
Whale Rock Capital Management LLC181,328$104m1.80%Held015 May 2025 (the filing on sec.gov)
Arrowstreet Capital LP155,999$89m0.07%Added+77,30914 May 2025 (the filing on sec.gov)
Marshall Wace LLP122,930$70m0.09%Trimmed-55,38915 May 2025 (the filing on sec.gov)
Neuberger Berman Group LLC120,835$69m0.06%Added+30,90427 Oct 2026 (the filing on sec.gov)
Balyasny Asset Management LLC77,777$44m0.07%Addedn.a.15 May 2025 (the filing on sec.gov)
Voloridge Investment Management LLC77,200$44m0.16%Added+27,95015 May 2025 (the filing on sec.gov)
Verition Fund Management LLC53,860$31m0.14%Trimmed-1,00515 May 2025 (the filing on sec.gov)
Man Group PLC37,557$21m0.05%Addedn.a.15 May 2025 (the filing on sec.gov)
Soros Fund Management LLC32,623$19m0.28%Newnew15 May 2025 (the filing on sec.gov)
Freestone Grove Partners LP24,024$14m0.14%Newnew15 May 2025 (the filing on sec.gov)
Quantbot Technologies LP4,035$2.3m0.07%Addedn.a.13 May 2025 (the filing on sec.gov)
Maverick Capital Ltd975$557kunder 0.1%Added+40515 May 2025 (the filing on sec.gov)

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.
22 in Q3 2024 to 18 in Q2 2026

Tracked managers listing it, at least.

0102030201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
HUBS by quarter
QuarterHoldersReported valueBuyersSellers
Q4 20142$16mn.a.n.a.
Q1 20152$20mn.a.n.a.
Q2 20154$321mn.a.n.a.
Q3 20154$198mn.a.n.a.
Q4 20155$295mn.a.n.a.
Q1 20167$287mn.a.n.a.
Q2 20167$291mn.a.n.a.
Q3 201610$654mn.a.n.a.
Q4 20168$281mn.a.n.a.
Q1 20179$687mn.a.n.a.
Q2 201710$730mn.a.n.a.
Q3 201710$893mn.a.n.a.
Q4 20178$1.0bnn.a.n.a.
Q1 201810$1.2bnn.a.n.a.
Q2 201814$1.5bnn.a.n.a.
Q3 201813$1.8bnn.a.n.a.
Q4 201811$1.5bnn.a.n.a.
Q1 201916$2.1bnn.a.n.a.
Q2 201918$1.9bnn.a.n.a.
Q3 201917$1.6bnn.a.n.a.
Q4 201917$2.1bnn.a.n.a.
Q1 202016$1.9bnn.a.n.a.
Q2 202020$3.1bnn.a.n.a.
Q3 202021$3.9bnn.a.n.a.
Q4 202022$5.1bnn.a.n.a.
Q1 202122$6.0bnn.a.n.a.
Q2 202124$7.6bnn.a.n.a.
Q3 202121$8.6bnn.a.n.a.
Q4 202121$9.0bnn.a.n.a.
Q1 202224$6.7bnn.a.n.a.
Q2 202219$4.2bnn.a.n.a.
Q3 202221$4.0bnn.a.n.a.
Q4 202222$4.0bnn.a.n.a.
Q1 202326$5.4bnn.a.n.a.
Q2 202324$6.6bnn.a.n.a.
Q3 202323$6.3bnn.a.n.a.
Q4 202327$7.6bn1415
Q1 202424$8.0bn1212
Q2 202427$7.0bn1613
Q3 202422$7.7bn177
Q4 202426$10.8bn189
Q1 202525$9.0bn1611
Q2 202525$7.7bn1610
Q3 202526$6.0bn188
Q4 202526$5.4bn1919
Q1 202619$3.1bn2115
Q2 202618$2.7bn2116

Compare with…

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

HUBS and GOOGL →HUBS and AMZN →HUBS and MSFT →Choose a stock to compare with HUBS →

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