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
45
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 27 listed it in both
Shares listed
18,335,610
combined, among listed positions
Reported value
$7.7bn
combined, at the quarter end

Among the 92 comparable managers: 28 buyers (opened or added shares) and 22 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +1,454,410.

Managers listing MDB 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.

45 of 45 holders

ActionFiling
Fidelity (FMR LLC)2,380,454$999m0.05%Added+394,82917 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc1,864,795$783m0.08%Trimmed-88,29017 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.1,457,562$612m0.34%Added+115,34017 Feb 2026 (the filing on sec.gov)
ValueAct Holdings LP1,406,800$590m8.40%Trimmed-711,40017 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP1,336,397$561m0.33%Added+239,33813 Feb 2026 (the filing on sec.gov)
Invesco Ltd1,063,613$446munder 0.1%Added+153,44519 Feb 2026 (the filing on sec.gov)
Capital World Investors980,182$411m0.06%Added+552,43411 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC861,717$362m0.05%Added+160,35517 Feb 2026 (the filing on sec.gov)
MFS Investment Management715,100$300m0.10%Added+614,55922 Jan 2026 (the filing on sec.gov)
Point72 Asset Management LP712,976$299m0.33%Trimmed-619,51317 Feb 2026 (the filing on sec.gov)
Whale Rock Capital Management LLC599,970$252m3.22%Added+47,87017 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC576,229$242m0.13%Trimmed-2,49617 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP479,500$201m0.18%Added+208,23013 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC474,341$199m0.33%Trimmed-253,59010 Feb 2026 (the filing on sec.gov)
Artisan Partners LP428,495$180m0.27%Added+52,77617 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP362,621$152munder 0.1%Added+63,85717 Feb 2026 (the filing on sec.gov)
Millennium Management LLC337,021$141m0.06%Trimmed-75,63517 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC296,584$124m0.16%Added+232,51717 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP290,804$122munder 0.1%Trimmed-45,51617 Feb 2026 (the filing on sec.gov)
Baillie Gifford & Co267,331$112m0.09%Newnew23 Jan 2026 (the filing on sec.gov)
Two Sigma Investments LP247,753$104m0.15%Added+169,34617 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP220,271$92munder 0.1%Added+52,50417 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC172,805$73m0.08%Newnew13 Feb 2026 (the filing on sec.gov)
Rokos Capital Management LLP131,234$55m0.21%Newnew13 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC79,562$33m0.15%Added+27,72517 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.
17 in Q3 2024 to 23 in Q2 2026

Tracked managers listing it, at least.

010203040201820192020202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
MDB by quarter
QuarterHoldersReported valueBuyersSellers
Q4 20176$18mn.a.n.a.
Q1 20184$48mn.a.n.a.
Q2 20189$316mn.a.n.a.
Q3 20187$935mn.a.n.a.
Q4 20189$1.2bnn.a.n.a.
Q1 201914$2.4bnn.a.n.a.
Q2 201912$2.3bnn.a.n.a.
Q3 201911$2.2bnn.a.n.a.
Q4 20199$2.6bnn.a.n.a.
Q1 202011$2.6bnn.a.n.a.
Q2 202011$4.4bnn.a.n.a.
Q3 202015$4.8bnn.a.n.a.
Q4 202021$7.6bnn.a.n.a.
Q1 202127$5.5bnn.a.n.a.
Q2 202122$8.3bnn.a.n.a.
Q3 202122$11.4bnn.a.n.a.
Q4 202123$13.0bnn.a.n.a.
Q1 202226$10.9bnn.a.n.a.
Q2 202225$6.4bnn.a.n.a.
Q3 202220$5.0bnn.a.n.a.
Q4 202222$4.3bnn.a.n.a.
Q1 202318$5.3bnn.a.n.a.
Q2 202331$8.2bnn.a.n.a.
Q3 202332$6.5bnn.a.n.a.
Q4 202328$7.1bn1815
Q1 202422$5.7bn1115
Q2 202425$4.3bn1810
Q3 202417$3.9bn911
Q4 202422$2.4bn1510
Q1 202519$1.3bn158
Q2 202530$2.1bn238
Q3 202531$4.6bn1914
Q4 202534$7.3bn2822
Q1 202631$3.9bn2025
Q2 202623$4.4bn1529

Compare with…

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

MDB and GOOGL →MDB and AMZN →MDB and MSFT →Choose a stock to compare with MDB →

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