L3VLUP
Quarter end
30 Sep 2025
the date the book describes
Filed
14 Nov 2025
latest of these filings; the earliest 13 Nov 2025
Managers listing it
19
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q2 2025 and Q3 2025; 13 listed it in both
Shares listed
198,833,384
combined, among listed positions
Reported value
$3.7bn
combined, at the quarter end

Among the 95 comparable managers: 15 buyers (opened or added shares) and 5 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 KEY 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.

19 of 19 holders

ActionFiling
T. Rowe Price Associates Inc57,698,160$1.1bn0.12%Added+6,408,32214 Nov 2025 (the filing on sec.gov)
Fidelity (FMR LLC)38,919,522$727munder 0.1%Trimmed-1,686,07013 Nov 2025 (the filing on sec.gov)
Wellington Management Group LLP36,370,694$680m0.12%Added+17,245,12814 Nov 2025 (the filing on sec.gov)
Capital World Investors20,788,957$389m0.05%Added+13,067,32613 Nov 2025 (the filing on sec.gov)
Invesco Ltd19,650,452$367m0.06%Trimmed-1,462,20713 Nov 2025 (the filing on sec.gov)
Squarepoint Ops LLC6,107,012$114m0.11%Added+1,377,46514 Nov 2025 (the filing on sec.gov)
Two Sigma Investments LP3,567,827$67m0.10%Newnew14 Nov 2025 (the filing on sec.gov)
Balyasny Asset Management LLC2,771,856$52m0.07%Trimmed-4,177,13014 Nov 2025 (the filing on sec.gov)
Renaissance Technologies LLC2,326,151$43m0.06%Addedn.a.13 Nov 2025 (the filing on sec.gov)
Two Sigma Advisers LP2,174,900$41m0.08%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Appaloosa LP2,020,000$38m0.51%Newnew13 Nov 2025 (the filing on sec.gov)
Verition Fund Management LLC1,265,482$24m0.10%Added+74,81614 Nov 2025 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC949,588$18m0.10%Trimmed-87,49614 Nov 2025 (the filing on sec.gov)
Soros Fund Management LLC880,100$16m0.23%Added+109,00014 Nov 2025 (the filing on sec.gov)
Voloridge Investment Management LLC879,979$16m0.06%Newnew14 Nov 2025 (the filing on sec.gov)
Bridgewater Associates LP812,444$15m0.06%Added+49,41413 Nov 2025 (the filing on sec.gov)
Winton Group Ltd641,300$12m0.45%Added+401,03113 Nov 2025 (the filing on sec.gov)
Brevan Howard Capital Management LP584,471$11munder 0.1%Added+330,96714 Nov 2025 (the filing on sec.gov)
Holocene Advisors LP424,489$7.9munder 0.1%Newnew14 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.

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 →