L3VLUP
Quarter end
30 Jun 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 8 Aug 2025
Managers listing it
25
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q1 2025 and Q2 2025; 19 listed it in both
Shares listed
13,910,663
combined, among listed positions
Reported value
$7.7bn
combined, at the quarter end

Among the 95 comparable managers: 16 buyers (opened or added shares) and 10 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 Q2 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q1 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
T. Rowe Price Associates Inc4,139,714$2.3bn0.26%Trimmed-770,34814 Aug 2025 (the filing on sec.gov)
Fidelity (FMR LLC)2,313,627$1.3bn0.07%Trimmed-1,430,09114 Aug 2025 (the filing on sec.gov)
Wellington Management Group LLP1,828,737$1.0bn0.18%Added+396,09914 Aug 2025 (the filing on sec.gov)
Janus Henderson Group Ltd973,265$542m0.27%Added+485,64614 Aug 2025 (the filing on sec.gov)
MFS Investment Management669,197$372m0.12%Trimmed-258,7308 Aug 2025 (the filing on sec.gov)
Durable Capital Partners LP600,539$334m2.53%Trimmed-246,92414 Aug 2025 (the filing on sec.gov)
Two Sigma Advisers LP432,915$241m0.49%Added+235,41514 Aug 2025 (the filing on sec.gov)
Two Sigma Investments LP411,125$229m0.41%Added+180,09814 Aug 2025 (the filing on sec.gov)
AllianceBernstein LP376,076$209m0.07%Added+97,46914 Aug 2025 (the filing on sec.gov)
Neuberger Berman Group LLC321,679$179m0.14%Added+200,84427 Oct 2026 (the filing on sec.gov)
AQR Capital Management LLC288,859$161m0.13%Trimmed-53,09814 Aug 2025 (the filing on sec.gov)
Man Group PLC249,155$139m0.26%Added+211,59814 Aug 2025 (the filing on sec.gov)
Artisan Partners LP240,966$134m0.20%Trimmed-70,08512 Aug 2025 (the filing on sec.gov)
Millennium Management LLC199,593$111m0.05%Addedn.a.14 Aug 2025 (the filing on sec.gov)
Squarepoint Ops LLC194,678$108m0.11%Addedn.a.27 Aug 2025 (the filing on sec.gov)
Jane Street Group LLC161,988$90munder 0.1%Addedn.a.14 Aug 2025 (the filing on sec.gov)
Arrowstreet Capital LP158,237$88m0.06%Added+2,23813 Aug 2025 (the filing on sec.gov)
Whale Rock Capital Management LLC149,246$83m1.15%Trimmed-32,08214 Aug 2025 (the filing on sec.gov)
Voloridge Investment Management LLC55,725$31m0.11%Trimmed-21,47514 Aug 2025 (the filing on sec.gov)
Freestone Grove Partners LP53,133$30m0.22%Added+29,10914 Aug 2025 (the filing on sec.gov)
Quantbot Technologies LP47,364$26m0.68%Added+43,32913 Aug 2025 (the filing on sec.gov)
ExodusPoint Capital Management LP19,168$11m0.09%Newnew13 Aug 2025 (the filing on sec.gov)
Bridgewater Associates LP18,054$10munder 0.1%Newnew13 Aug 2025 (the filing on sec.gov)
Brevan Howard Capital Management LP6,648$3.7munder 0.1%Newnew14 Aug 2025 (the filing on sec.gov)
Maverick Capital Ltd975$543kunder 0.1%Held014 Aug 2025 (the filing on sec.gov)

Largest increases and reductions, by shares

Q1 2025 to Q2 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 →