L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 23 Jan 2026
Managers listing it
45
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 38 listed it in both
Shares listed
63,470,333
combined, among listed positions
Reported value
$35.9bn
combined, at the quarter end

Among the 92 comparable managers: 23 buyers (opened or added shares) and 23 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +10,400,771.

Managers listing ISRG 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.

45 of 45 holders

ActionFiling
T. Rowe Price Associates Inc12,554,763$7.1bn0.77%Trimmed-264,02717 Feb 2026 (the filing on sec.gov)
Invesco Ltd12,092,922$6.8bn0.65%Added+8,575,45519 Feb 2026 (the filing on sec.gov)
Capital World Investors7,856,018$4.4bn0.61%Added+127,52611 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)6,577,517$3.7bn0.19%Added+1,577,55717 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP3,720,529$2.1bn0.67%Trimmed-321,88517 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP3,445,880$2.0bn0.34%Added+294,65117 Feb 2026 (the filing on sec.gov)
Baillie Gifford & Co2,551,357$1.4bn1.20%Trimmed-51,24123 Jan 2026 (the filing on sec.gov)
Janus Henderson Group Ltd1,584,473$897m0.40%Trimmed-60,13917 Feb 2026 (the filing on sec.gov)
Millennium Management LLC1,486,953$842m0.35%Added+1,225,98517 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.1,306,121$740m0.41%Trimmed-712,80917 Feb 2026 (the filing on sec.gov)
Capital Research Global Investors1,163,737$659m0.12%Trimmed-388,93511 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP1,078,069$611m0.36%Added+403,57413 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP1,066,560$604m1.17%Trimmed-211,84017 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC1,040,567$589m0.09%Added+210,93417 Feb 2026 (the filing on sec.gov)
Polen Capital Management LLC842,618$477m2.04%Newnew12 Feb 2026 (the filing on sec.gov)
Coatue Management LLC807,234$457m1.14%Added+96,58515 May 2026 (the filing on sec.gov)
Point72 Asset Management LP582,819$330m0.37%Trimmed-29,80817 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC474,547$269m0.34%Trimmed-10,73917 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP459,879$260m0.37%Trimmed-91,13817 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC353,208$200m0.15%Trimmed-24,82127 Oct 2026 (the filing on sec.gov)
Hudson Bay Capital Management LP282,500$160m0.53%Added+217,36813 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP279,530$158m0.14%Trimmed-116,24413 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC224,288$127m0.39%Added+153,24613 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC205,490$116m0.12%Trimmed-352,31013 Feb 2026 (the filing on sec.gov)
Caxton Associates LLP168,536$95m1.87%Added+167,85213 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.
31 in Q3 2024 to 35 in Q2 2026

Tracked managers listing it, at least.

02040602014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
ISRG by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201315$6.0bnn.a.n.a.
Q3 201317$3.3bnn.a.n.a.
Q4 201315$3.4bnn.a.n.a.
Q1 201415$4.2bnn.a.n.a.
Q2 201413$3.8bnn.a.n.a.
Q3 201416$4.8bnn.a.n.a.
Q4 201415$5.6bnn.a.n.a.
Q1 201514$5.4bnn.a.n.a.
Q2 201515$5.7bnn.a.n.a.
Q3 201522$5.5bnn.a.n.a.
Q4 201518$7.0bnn.a.n.a.
Q1 201619$7.8bnn.a.n.a.
Q2 201618$8.1bnn.a.n.a.
Q3 201621$8.8bnn.a.n.a.
Q4 201622$7.3bnn.a.n.a.
Q1 201720$9.2bnn.a.n.a.
Q2 201719$11.5bnn.a.n.a.
Q3 201723$12.8bnn.a.n.a.
Q4 201722$11.6bnn.a.n.a.
Q1 201827$12.7bnn.a.n.a.
Q2 201828$14.8bnn.a.n.a.
Q3 201823$16.7bnn.a.n.a.
Q4 201825$13.7bnn.a.n.a.
Q1 201921$16.7bnn.a.n.a.
Q2 201914$15.3bnn.a.n.a.
Q3 201917$15.7bnn.a.n.a.
Q4 201922$16.9bnn.a.n.a.
Q1 202018$14.6bnn.a.n.a.
Q2 202016$16.5bnn.a.n.a.
Q3 202020$19.6bnn.a.n.a.
Q4 202019$21.4bnn.a.n.a.
Q1 202126$18.3bnn.a.n.a.
Q2 202133$23.2bnn.a.n.a.
Q3 202131$23.9bnn.a.n.a.
Q4 202134$26.0bnn.a.n.a.
Q1 202227$21.0bnn.a.n.a.
Q2 202235$13.0bnn.a.n.a.
Q3 202232$11.1bnn.a.n.a.
Q4 202226$15.6bnn.a.n.a.
Q1 202332$14.4bnn.a.n.a.
Q2 202333$20.2bnn.a.n.a.
Q3 202340$17.0bnn.a.n.a.
Q4 202338$20.0bn2319
Q1 202432$23.6bn1322
Q2 202429$27.0bn1218
Q3 202431$28.4bn1913
Q4 202434$30.3bn1518
Q1 202542$28.7bn2814
Q2 202539$30.6bn1920
Q3 202541$23.6bn2516
Q4 202541$35.8bn2323
Q1 202640$29.0bn2619
Q2 202635$24.5bn2423

Compare with…

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

ISRG and LLY →ISRG and JNJ →ISRG and VRTX →Choose a stock to compare with ISRG →

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