L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
25
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 9 listed it in both
Shares listed
8,058,126
combined, among listed positions
Reported value
$2.0bn
combined, at the quarter end

Among the 92 comparable managers: 12 buyers (opened or added shares) and 16 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -671,690.

Managers listing LH 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.

25 of 25 holders

ActionFiling
Wellington Management Group LLP1,963,101$493m0.09%Trimmed-142,69017 Feb 2026 (the filing on sec.gov)
Invesco Ltd1,391,978$349munder 0.1%Added+91,86719 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)1,339,745$336munder 0.1%Trimmed-108,49217 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP1,062,702$267m0.08%Trimmed-39,09917 Feb 2026 (the filing on sec.gov)
MFS Investment Management570,075$143munder 0.1%Trimmed-25,03622 Jan 2026 (the filing on sec.gov)
Woodline Partners LP405,036$102m0.39%Added+117,89017 Feb 2026 (the filing on sec.gov)
Millennium Management LLC277,323$70munder 0.1%Added+266,62117 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC201,830$51m0.05%Added+175,97313 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP179,555$45munder 0.1%Trimmed-443,99513 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC148,296$37munder 0.1%Trimmed-368,25817 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd129,083$32munder 0.1%Added+16417 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc120,127$30munder 0.1%Trimmed-6117 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC57,488$14munder 0.1%Trimmed-105,83917 Feb 2026 (the filing on sec.gov)
Man Group PLC53,883$14munder 0.1%Added+44,55817 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC45,400$11munder 0.1%Trimmed-72,85417 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP21,863$5.5munder 0.1%Added+3,94817 Feb 2026 (the filing on sec.gov)
Maverick Capital Ltd17,564$4.4munder 0.1%Added+7,41513 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP17,366$4.4munder 0.1%Added+6,97313 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC13,715$3.4munder 0.1%Trimmed-2,13813 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC12,012$3.0munder 0.1%Trimmed-59727 Oct 2026 (the filing on sec.gov)
Jane Street Group LLC7,525$1.9munder 0.1%Trimmed-86,61912 Feb 2026 (the filing on sec.gov)
Caxton Associates LLP6,831$1.7munder 0.1%Held013 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC6,801$1.7munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP6,518$1.6m0.05%Newnew10 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp2,309$579kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)

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.
8 in Q3 2024 to 8 in Q2 2026

Tracked managers listing it, at least.

051015Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
LH by quarter
QuarterHoldersReported valueBuyersSellers
Q2 202410$1.0bn100
Q3 20248$715m52
Q4 202410$1.0bn54
Q1 20259$886m54
Q2 202512$1.5bn57
Q3 20259$1.8bn55
Q4 20259$1.5bn1216
Q1 202612$1.3bn423
Q2 20268$762m1913

Compare with…

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

LH and UNH →LH and ELV →LH and CI →Choose a stock to compare with LH →

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