L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 5 Feb 2026
Managers listing it
38
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 16 listed it in both
Shares listed
183,570,164
combined, among listed positions
Reported value
$3.8bn
combined, at the quarter end

Among the 92 comparable managers: 28 buyers (opened or added shares) and 13 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -28,791,634.

Managers listing KEY 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.

38 of 38 holders

ActionFiling
Fidelity (FMR LLC)42,475,683$877munder 0.1%Added+3,556,16117 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc22,721,443$469m0.05%Trimmed-34,976,71717 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP22,112,658$456m0.08%Trimmed-14,258,03617 Feb 2026 (the filing on sec.gov)
Capital World Investors21,027,471$434m0.06%Added+238,51411 Feb 2026 (the filing on sec.gov)
Invesco Ltd20,567,184$425munder 0.1%Added+916,73219 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP8,734,526$180m0.25%Added+5,166,69917 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC7,163,851$148m0.08%Added+5,776,41717 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC5,717,823$118munder 0.1%Added+1,646,96712 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC5,233,576$108munder 0.1%Added+4,285,23617 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP4,673,000$96m0.19%Added+2,498,10017 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC4,281,151$88m0.14%Added+1,955,00012 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.2,054,046$42munder 0.1%Added+1,993,18817 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC1,765,732$36m0.13%Added+885,75317 Feb 2026 (the filing on sec.gov)
Millennium Management LLC1,738,518$36munder 0.1%Trimmed-1,392,53817 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP1,517,838$31m0.23%Newnew17 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP1,412,110$29munder 0.1%Added+286,52117 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP1,372,947$28munder 0.1%Added+312,29213 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP1,344,426$28m0.10%Added+531,98213 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP1,291,573$27munder 0.1%Added+662,23717 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC1,149,693$24m0.09%Trimmed-115,78913 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC1,014,534$21m0.09%Added+64,94617 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC780,931$16munder 0.1%Added+661,85213 Feb 2026 (the filing on sec.gov)
Man Group PLC774,825$16munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP561,580$12m0.13%Trimmed-22,89117 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP390,840$8.1m0.06%Added+200,29317 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.
12 in Q3 2024 to 19 in Q2 2026

Tracked managers listing it, at least.

01020302014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
KEY by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20137$545mn.a.n.a.
Q3 20137$829mn.a.n.a.
Q4 201310$1.1bnn.a.n.a.
Q1 201412$1.2bnn.a.n.a.
Q2 20148$1.1bnn.a.n.a.
Q3 201413$1.3bnn.a.n.a.
Q4 201413$1.6bnn.a.n.a.
Q1 201510$1.2bnn.a.n.a.
Q2 201514$1.5bnn.a.n.a.
Q3 201513$1.4bnn.a.n.a.
Q4 201511$1.8bnn.a.n.a.
Q1 201617$866mn.a.n.a.
Q2 201621$1.1bnn.a.n.a.
Q3 201616$1.2bnn.a.n.a.
Q4 201617$2.2bnn.a.n.a.
Q1 201718$2.8bnn.a.n.a.
Q2 201715$2.2bnn.a.n.a.
Q3 201716$2.3bnn.a.n.a.
Q4 201715$2.1bnn.a.n.a.
Q1 201816$2.0bnn.a.n.a.
Q2 201816$2.2bnn.a.n.a.
Q3 201818$2.0bnn.a.n.a.
Q4 201813$1.1bnn.a.n.a.
Q1 201912$1.3bnn.a.n.a.
Q2 201913$1.8bnn.a.n.a.
Q3 201912$1.8bnn.a.n.a.
Q4 201910$2.1bnn.a.n.a.
Q1 202012$938mn.a.n.a.
Q2 202010$812mn.a.n.a.
Q3 20208$840mn.a.n.a.
Q4 20207$793mn.a.n.a.
Q1 202115$1.0bnn.a.n.a.
Q2 202112$877mn.a.n.a.
Q3 20217$933mn.a.n.a.
Q4 20218$869mn.a.n.a.
Q1 20224$624mn.a.n.a.
Q2 202210$548mn.a.n.a.
Q3 202211$669mn.a.n.a.
Q4 202210$689mn.a.n.a.
Q1 20235$162mn.a.n.a.
Q2 202311$275mn.a.n.a.
Q3 202315$720mn.a.n.a.
Q4 202318$1.7bn126
Q1 202417$1.6bn106
Q2 202418$1.7bn145
Q3 202412$2.0bn66
Q4 202415$2.2bn113
Q1 202516$2.4bn115
Q2 202518$2.8bn117
Q3 202519$3.7bn155
Q4 202519$3.4bn2813
Q1 202616$2.8bn1423
Q2 202619$3.3bn2013

Compare with…

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

KEY and BAC →KEY and JPM →KEY and WFC →Choose a stock to compare with KEY →

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