L3VLUP
Quarter end
30 Sep 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 12 Nov 2025
Managers listing it
26
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q2 2025 and Q3 2025; 19 listed it in both
Shares listed
12,863,885
combined, among listed positions
Reported value
$6.0bn
combined, at the quarter end

Among the 95 comparable managers: 18 buyers (opened or added shares) and 8 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 Q3 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q2 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

26 of 26 holders

ActionFiling
T. Rowe Price Associates Inc3,357,498$1.6bn0.17%Trimmed-782,21614 Nov 2025 (the filing on sec.gov)
Fidelity (FMR LLC)1,641,277$768munder 0.1%Trimmed-672,35013 Nov 2025 (the filing on sec.gov)
Wellington Management Group LLP1,461,461$684m0.12%Trimmed-367,27614 Nov 2025 (the filing on sec.gov)
Janus Henderson Group Ltd1,147,064$537m0.24%Added+173,79914 Nov 2025 (the filing on sec.gov)
AQR Capital Management LLC546,436$256m0.16%Added+257,57714 Nov 2025 (the filing on sec.gov)
Millennium Management LLC535,472$250m0.11%Added+335,87914 Nov 2025 (the filing on sec.gov)
Two Sigma Advisers LP529,400$248m0.50%Added+96,48514 Nov 2025 (the filing on sec.gov)
Balyasny Asset Management LLC479,486$224m0.28%Addedn.a.14 Nov 2025 (the filing on sec.gov)
AllianceBernstein LP439,505$206m0.06%Added+63,42914 Nov 2025 (the filing on sec.gov)
Man Group PLC412,633$193m0.34%Added+163,47814 Nov 2025 (the filing on sec.gov)
Two Sigma Investments LP343,141$161m0.24%Trimmed-67,98414 Nov 2025 (the filing on sec.gov)
Neuberger Berman Group LLC339,941$159m0.12%Added+18,26227 Oct 2026 (the filing on sec.gov)
Durable Capital Partners LP326,711$153m1.13%Trimmed-273,82814 Nov 2025 (the filing on sec.gov)
Artisan Partners LP238,649$112m0.16%Trimmed-2,31712 Nov 2025 (the filing on sec.gov)
Squarepoint Ops LLC177,670$83m0.08%Trimmed-17,00814 Nov 2025 (the filing on sec.gov)
Arrowstreet Capital LP169,560$79m0.05%Added+11,32313 Nov 2025 (the filing on sec.gov)
Whale Rock Capital Management LLC149,246$70m0.82%Held014 Nov 2025 (the filing on sec.gov)
Freestone Grove Partners LP128,707$60m0.45%Added+75,57414 Nov 2025 (the filing on sec.gov)
Voloridge Investment Management LLC102,126$48m0.16%Added+46,40114 Nov 2025 (the filing on sec.gov)
Point72 Asset Management LP85,940$40m0.07%Newnew14 Nov 2025 (the filing on sec.gov)
Renaissance Technologies LLC82,900$39m0.05%Addedn.a.13 Nov 2025 (the filing on sec.gov)
Marshall Wace LLP64,072$30munder 0.1%Addedn.a.13 Nov 2025 (the filing on sec.gov)
Verition Fund Management LLC32,546$15m0.06%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Bridgewater Associates LP25,504$12munder 0.1%Added+7,45013 Nov 2025 (the filing on sec.gov)
Davidson Kempner Capital Management LP25,000$12m0.15%Newnew14 Nov 2025 (the filing on sec.gov)
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Largest increases and reductions, by shares

Q2 2025 to Q3 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 →