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
36
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 7 listed it in both
Shares listed
5,337,696
combined, among listed positions
Reported value
$888m
combined, at the quarter end

Among the 92 comparable managers: 19 buyers (opened or added shares) and 20 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -2,383.

Managers listing LOPE 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.

36 of 36 holders

ActionFiling
Fidelity (FMR LLC)1,800,609$299munder 0.1%Added+492,93117 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC649,269$108m0.06%Added+153,18917 Feb 2026 (the filing on sec.gov)
Capital Research Global Investors426,644$71munder 0.1%Trimmed-9,37711 Feb 2026 (the filing on sec.gov)
Invesco Ltd394,944$66munder 0.1%Trimmed-159,25919 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC310,702$52m0.08%Trimmed-63,70012 Feb 2026 (the filing on sec.gov)
Millennium Management LLC262,030$44munder 0.1%Trimmed-21,68017 Feb 2026 (the filing on sec.gov)
MFS Investment Management232,778$39munder 0.1%Trimmed-50,55022 Jan 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc218,806$36munder 0.1%Trimmed-438,79017 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP217,495$36munder 0.1%Added+3,16113 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP214,471$36munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.174,263$29munder 0.1%Added+119,96217 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC50,918$8.5munder 0.1%Added+9,74817 Feb 2026 (the filing on sec.gov)
Man Group PLC48,189$8.0munder 0.1%Trimmed-8,99617 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC43,116$7.2munder 0.1%Trimmed-160,31510 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP42,284$7.0m0.06%Added+36,97617 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP40,558$6.7munder 0.1%Trimmed-3,58717 Feb 2026 (the filing on sec.gov)
Winton Group Ltd38,652$6.4m0.22%Newnew11 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC30,172$5.0munder 0.1%Added+15,79113 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC29,066$4.8munder 0.1%Added+25,77517 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP28,618$4.8munder 0.1%Trimmed-20,26317 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP14,572$2.4munder 0.1%Added+10,27017 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd12,801$2.1munder 0.1%Trimmed-13617 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP9,881$1.6munder 0.1%Trimmed-33,94813 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP9,490$1.6munder 0.1%Added+5,39617 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp9,483$1.6munder 0.1%Added+8,01317 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.
7 in Q3 2024 to 6 in Q2 2026

Tracked managers listing it, at least.

051015202014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
LOPE by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20133$98mn.a.n.a.
Q3 20133$151mn.a.n.a.
Q4 20133$116mn.a.n.a.
Q1 20142$132mn.a.n.a.
Q2 20142$148mn.a.n.a.
Q3 20142$129mn.a.n.a.
Q4 20147$181mn.a.n.a.
Q1 20153$142mn.a.n.a.
Q2 20153$139mn.a.n.a.
Q3 20152$117mn.a.n.a.
Q4 20153$126mn.a.n.a.
Q1 20164$149mn.a.n.a.
Q2 20164$139mn.a.n.a.
Q3 20164$138mn.a.n.a.
Q4 20165$186mn.a.n.a.
Q1 20176$566mn.a.n.a.
Q2 201711$686mn.a.n.a.
Q3 201711$822mn.a.n.a.
Q4 201711$786mn.a.n.a.
Q1 201812$1.1bnn.a.n.a.
Q2 201815$669mn.a.n.a.
Q3 201817$660mn.a.n.a.
Q4 201811$761mn.a.n.a.
Q1 201911$1.2bnn.a.n.a.
Q2 201912$1.3bnn.a.n.a.
Q3 20198$783mn.a.n.a.
Q4 20196$752mn.a.n.a.
Q1 20207$459mn.a.n.a.
Q2 20205$604mn.a.n.a.
Q3 20207$505mn.a.n.a.
Q4 20207$420mn.a.n.a.
Q1 20215$260mn.a.n.a.
Q2 20216$247mn.a.n.a.
Q3 20215$226mn.a.n.a.
Q4 20215$179mn.a.n.a.
Q1 20226$231mn.a.n.a.
Q2 20226$182mn.a.n.a.
Q3 20227$164mn.a.n.a.
Q4 20226$135mn.a.n.a.
Q1 20236$139mn.a.n.a.
Q2 20235$117mn.a.n.a.
Q3 20235$136mn.a.n.a.
Q4 20236$138m33
Q1 20249$219m72
Q2 20249$246m36
Q3 20247$253m34
Q4 20248$253m26
Q1 20259$406m63
Q2 20258$404m44
Q3 20257$450m25
Q4 20256$244m1920
Q1 20266$84m1025
Q2 20266$124m2411

Compare with…

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

LOPE and AMZN →LOPE and TSLA →LOPE and HD →Choose a stock to compare with LOPE →

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