- Quarter end
- 31 Dec 2025
- the date the book describes
- Filed
- 27 Oct 2026
- latest of these filings; the earliest 10 Feb 2026
- Managers listing it
- 31
- 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
- 7,900,828
- combined, among listed positions
- Reported value
- $513m
- combined, at the quarter end
Among the 92 comparable managers: 20 buyers (opened or added shares) and 13 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -42,267.
Managers listing LRN in Q4 2025
31 of 31 holders
Largest increases and reductions, by shares
Increases
- Two Sigma Investments LPexisting position · 848,801 shares now+776,631
- Millennium Management LLCexisting position · 784,499 shares now+635,207
- Jane Street Group LLCexisting position · 448,245 shares now+400,562
- Two Sigma Advisers LPnew position · 369,688 shares now+369,688
- Voloridge Investment Management LLCexisting position · 262,826 shares now+190,325
Reductions
- Invesco Ltdexisting position · 978,646 shares now-826,862
- Squarepoint Ops LLCexisting position · 91,823 shares now-739,019
- T. Rowe Price Associates Incexisting position · 578,903 shares now-387,699
- Wellington Management Group LLPexisting position · 207,791 shares now-304,029
- Fidelity (FMR LLC)existing position · 332,245 shares now-302,493
New positions and exits
New (6)
Exited (2)
- Renaissance Technologies LLCwas $29m
- Polen Capital Management LLCwas $1.7m
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q4 2020 | 3 | $31m | n.a. | n.a. |
| Q1 2021 | 2 | $20m | n.a. | n.a. |
| Q2 2021 | 1 | $2.5m | n.a. | n.a. |
| Q3 2021 | 2 | $7.3m | n.a. | n.a. |
| Q4 2021 | 1 | $2.8m | n.a. | n.a. |
| Q1 2022 | 1 | $2.2m | n.a. | n.a. |
| Q2 2022 | 3 | $133m | n.a. | n.a. |
| Q3 2022 | 3 | $59m | n.a. | n.a. |
| Q4 2022 | 4 | $44m | n.a. | n.a. |
| Q1 2023 | 4 | $56m | n.a. | n.a. |
| Q2 2023 | 2 | $48m | n.a. | n.a. |
| Q3 2023 | 3 | $60m | n.a. | n.a. |
| Q4 2023 | 7 | $134m | 4 | 3 |
| Q1 2024 | 6 | $105m | 5 | 2 |
| Q2 2024 | 5 | $93m | 3 | 3 |
| Q3 2024 | 4 | $125m | 2 | 2 |
| Q4 2024 | 9 | $246m | 8 | 1 |
| Q1 2025 | 8 | $303m | 5 | 3 |
| Q2 2025 | 11 | $460m | 9 | 2 |
| Q3 2025 | 8 | $391m | 5 | 4 |
| Q4 2025 | 9 | $203m | 20 | 13 |
| Q1 2026 | 5 | $208m | 15 | 20 |
| Q2 2026 | 4 | $218m | 14 | 16 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
LRN and AMZN →LRN and TSLA →LRN and HD →Choose a stock to compare with LRN →
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 LRN, latest filings →Back to the 13F Explorer →