- Quarter end
- 30 Sep 2025
- the date the book describes
- Filed
- 27 Oct 2026
- latest of these filings; the earliest 29 Oct 2025
- Managers listing it
- 23
- 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
- 68,076,730
- combined, among listed positions
- Reported value
- $13.4bn
- combined, at the quarter end
Among the 95 comparable managers: 14 buyers (opened or added shares) and 9 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 HWM in Q3 2025
23 of 23 holders
Largest increases and reductions, by shares
Increases
- Invesco Ltdexisting position · 7,367,438 shares now+801,093
- Fidelity (FMR LLC)existing position · 16,263,504 shares now+377,683
- Wellington Management Group LLPexisting position · 1,608,647 shares now+169,245
- Neuberger Berman Group LLCexisting position · 605,322 shares now+120,658
- Bridgewater Associates LPnew position · 34,630 shares now+34,630
Reductions
- MFS Investment Managementexisting position · 11,616,761 shares now-2,447,458
- Janus Henderson Group Ltdexisting position · 8,383,617 shares now-1,184,362
- Capital World Investorsexisting position · 3,547,294 shares now-550,337
- Renaissance Technologies LLCexisting position · 489,188 shares now-194,800
- Freestone Grove Partners LPexisting position · 262,945 shares now-68,467
New positions and exits
New (1)
Exited (1)
- Arrowstreet Capital LPwas $67m
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q1 2020 | 3 | $313m | n.a. | n.a. |
| Q2 2020 | 11 | $1.4bn | n.a. | n.a. |
| Q3 2020 | 12 | $1.6bn | n.a. | n.a. |
| Q4 2020 | 21 | $3.0bn | n.a. | n.a. |
| Q1 2021 | 18 | $3.2bn | n.a. | n.a. |
| Q2 2021 | 19 | $3.8bn | n.a. | n.a. |
| Q3 2021 | 18 | $3.4bn | n.a. | n.a. |
| Q4 2021 | 15 | $3.7bn | n.a. | n.a. |
| Q1 2022 | 12 | $3.6bn | n.a. | n.a. |
| Q2 2022 | 15 | $3.2bn | n.a. | n.a. |
| Q3 2022 | 20 | $3.1bn | n.a. | n.a. |
| Q4 2022 | 19 | $4.4bn | n.a. | n.a. |
| Q1 2023 | 23 | $4.7bn | n.a. | n.a. |
| Q2 2023 | 25 | $5.2bn | n.a. | n.a. |
| Q3 2023 | 26 | $4.3bn | n.a. | n.a. |
| Q4 2023 | 22 | $5.0bn | 8 | 15 |
| Q1 2024 | 22 | $6.1bn | 13 | 8 |
| Q2 2024 | 23 | $7.1bn | 14 | 13 |
| Q3 2024 | 25 | $8.7bn | 8 | 16 |
| Q4 2024 | 21 | $9.0bn | 7 | 12 |
| Q1 2025 | 23 | $10.0bn | 10 | 13 |
| Q2 2025 | 22 | $13.2bn | 7 | 15 |
| Q3 2025 | 23 | $13.4bn | 14 | 9 |
| Q4 2025 | 26 | $13.6bn | 23 | 14 |
| Q1 2026 | 35 | $15.6bn | 24 | 16 |
| Q2 2026 | 37 | $17.3bn | 19 | 25 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
HWM and LIN →HWM and GLW →HWM and FCX →Choose a stock to compare with HWM →
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 HWM, latest filings →Back to the 13F Explorer →