L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 4 Feb 2026
Managers listing it
27
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 7 listed it in both
Shares listed
3,502,352
combined, among listed positions
Reported value
$908m
combined, at the quarter end

Among the 92 comparable managers: 10 buyers (opened or added shares) and 18 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -109,074.

Managers listing IBP in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

27 of 27 holders

ActionFiling
T. Rowe Price Associates Inc1,551,161$402munder 0.1%Added+328,72517 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC510,955$133m0.10%Trimmed-79,94527 Oct 2026 (the filing on sec.gov)
Fidelity (FMR LLC)294,433$76munder 0.1%Trimmed-142,76917 Feb 2026 (the filing on sec.gov)
Capital World Investors227,023$59munder 0.1%Trimmed-25,46111 Feb 2026 (the filing on sec.gov)
Artisan Partners LP221,943$58m0.09%Trimmed-22,57217 Feb 2026 (the filing on sec.gov)
Capital Research Global Investors178,631$46munder 0.1%Held011 Feb 2026 (the filing on sec.gov)
Invesco Ltd113,505$29munder 0.1%Trimmed-18,77319 Feb 2026 (the filing on sec.gov)
First Eagle Investment Management LLC60,988$16munder 0.1%Trimmed-3004 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP52,056$14munder 0.1%Trimmed-8,42017 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd43,944$11munder 0.1%Trimmed-39,44217 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp30,144$7.8munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP28,795$7.5munder 0.1%Added+49417 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP22,700$5.9munder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC20,768$5.4munder 0.1%Trimmed-67,90912 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP20,504$5.3munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC19,646$5.1munder 0.1%Trimmed-6,21813 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC18,965$4.9munder 0.1%Trimmed-18,28217 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC17,620$4.6munder 0.1%Newnew12 Feb 2026 (the filing on sec.gov)
Man Group PLC14,086$3.7munder 0.1%Trimmed-8,53117 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP12,007$3.1munder 0.1%Trimmed-9,18017 Feb 2026 (the filing on sec.gov)
Millennium Management LLC11,584$3.0munder 0.1%Trimmed-13,92917 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP9,784$2.5munder 0.1%Added+7,06413 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.9,509$2.5munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC6,791$1.8munder 0.1%Added+1,62217 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP2,699$700kunder 0.1%Trimmed-18,23617 Feb 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 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.
11 in Q3 2024 to 5 in Q2 2026

Tracked managers listing it, at least.

0510152014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
IBP by quarter
QuarterHoldersReported valueBuyersSellers
Q1 20143$20mn.a.n.a.
Q2 20142$26mn.a.n.a.
Q3 20141$29mn.a.n.a.
Q4 20142$37mn.a.n.a.
Q1 20152$45mn.a.n.a.
Q2 20152$57mn.a.n.a.
Q3 20151$43mn.a.n.a.
Q4 20151$42mn.a.n.a.
Q1 20161$45mn.a.n.a.
Q2 20161$62mn.a.n.a.
Q3 20161$61mn.a.n.a.
Q4 20161$70mn.a.n.a.
Q1 20174$70mn.a.n.a.
Q2 20172$72mn.a.n.a.
Q3 20172$83mn.a.n.a.
Q4 20173$99mn.a.n.a.
Q1 20183$64mn.a.n.a.
Q2 20182$42mn.a.n.a.
Q3 20181$979kn.a.n.a.
Q4 20181$26mn.a.n.a.
Q1 20191$36mn.a.n.a.
Q2 20192$1.8mn.a.n.a.
Q3 20193$2.6mn.a.n.a.
Q4 20194$4.5mn.a.n.a.
Q1 20201$2.4mn.a.n.a.
Q2 20201$2.7mn.a.n.a.
Q3 20201$2.9mn.a.n.a.
Q4 20204$110mn.a.n.a.
Q1 20213$102mn.a.n.a.
Q2 20214$135mn.a.n.a.
Q3 20213$35mn.a.n.a.
Q4 20215$65mn.a.n.a.
Q1 20222$17mn.a.n.a.
Q2 20221$16mn.a.n.a.
Q3 20222$17mn.a.n.a.
Q4 20225$49mn.a.n.a.
Q1 20235$72mn.a.n.a.
Q2 20235$82mn.a.n.a.
Q3 20238$108mn.a.n.a.
Q4 20237$131m42
Q1 202411$286m74
Q2 20249$227m54
Q3 202411$317m73
Q4 202410$240m46
Q1 202512$346m84
Q2 20258$443m37
Q3 20258$637m45
Q4 20256$714m1018
Q1 20267$620m229
Q2 20265$368m1320

Compare with…

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

IBP and KLAC →IBP and GE →IBP and LRCX →Choose a stock to compare with IBP →

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