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
8
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q2 2025 and Q3 2025; 6 listed it in both
Shares listed
54,661,369
combined, among listed positions
Reported value
$1.6bn
combined, at the quarter end

Among the 95 comparable managers: 5 buyers (opened or added shares) and 3 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 KD 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.

8 of 8 holders

ActionFiling
Fidelity (FMR LLC)27,008,945$811munder 0.1%Trimmed-2,590,20513 Nov 2025 (the filing on sec.gov)
Neuberger Berman Group LLC15,119,499$454m0.33%Added+2,778,93027 Oct 2026 (the filing on sec.gov)
Greenlight Capital4,343,627$130m5.13%Added+1,032,33014 Nov 2025 (the filing on sec.gov)
AQR Capital Management LLC4,187,177$125m0.08%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Arrowstreet Capital LP3,717,429$112m0.07%Trimmed-21,15313 Nov 2025 (the filing on sec.gov)
GAMCO Investors Inc170,715$5.1munder 0.1%Trimmed-3,40012 Nov 2025 (the filing on sec.gov)
Quantbot Technologies LP90,377$2.7m0.07%Newnew12 Nov 2025 (the filing on sec.gov)
First Eagle Investment Management LLC23,600$709kunder 0.1%Added+14,66212 Nov 2025 (the filing on sec.gov)

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.

Exited (0)

No exit shown by a manager’s own filing.

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.
9 in Q3 2024 to 6 in Q2 2026

Tracked managers listing it, at least.

03581020222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
KD by quarter
QuarterHoldersReported valueBuyersSellers
Q4 20214$28mn.a.n.a.
Q1 20222$33mn.a.n.a.
Q2 20222$3.8mn.a.n.a.
Q3 20224$50mn.a.n.a.
Q4 20225$101mn.a.n.a.
Q1 20237$191mn.a.n.a.
Q2 20234$145mn.a.n.a.
Q3 20236$192mn.a.n.a.
Q4 20234$248m23
Q1 20246$415m41
Q2 202410$509m64
Q3 20249$440m72
Q4 202410$800m65
Q1 20256$1.4bn52
Q2 20259$2.1bn45
Q3 20258$1.6bn53
Q4 20258$1.4bn219
Q1 20264$314m1415
Q2 20266$404m245

Compare with…

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

KD and GOOGL →KD and AMZN →KD and MSFT →Choose a stock to compare with KD →

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