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
27
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
33,877,856
combined, among listed positions
Reported value
$1.2bn
combined, at the quarter end

Among the 92 comparable managers: 12 buyers (opened or added shares) and 17 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +3,346,392.

Managers listing MFC 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.

27 of 27 holders

ActionFiling
Man Group PLC6,205,598$226m0.38%Added+4,101,39017 Feb 2026 (the filing on sec.gov)
MFS Investment Management5,690,129$206m0.07%Trimmed-208,95122 Jan 2026 (the filing on sec.gov)
Janus Henderson Group Ltd4,045,488$147m0.07%Added+3,850,54717 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC2,778,448$101m0.05%Added+2,708,58317 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP2,558,071$93m0.34%Trimmed-432,58013 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP2,147,715$78m0.11%Trimmed-489,70017 Feb 2026 (the filing on sec.gov)
Invesco Ltd1,688,059$61munder 0.1%Trimmed-52,04619 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC1,387,678$50munder 0.1%Added+24,72127 Oct 2026 (the filing on sec.gov)
Acadian Asset Management LLC1,287,393$47m0.08%Added+142,75410 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP1,094,504$40munder 0.1%Added+684,17817 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.993,719$36munder 0.1%Trimmed-2,043,59217 Feb 2026 (the filing on sec.gov)
Capital World Investors655,000$24munder 0.1%Trimmed-4,009,47311 Feb 2026 (the filing on sec.gov)
Millennium Management LLC591,565$21munder 0.1%Trimmed-478,51717 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP471,251$17munder 0.1%Added+328,05117 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)399,499$15munder 0.1%Added+3,47417 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC388,324$14munder 0.1%Trimmed-9,30012 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC312,077$11munder 0.1%Trimmed-45,52512 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC275,000$10.0munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP270,255$9.8munder 0.1%Trimmed-644,90017 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC220,721$8.0munder 0.1%Trimmed-267,00417 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP165,173$6.0munder 0.1%Trimmed-4,11117 Feb 2026 (the filing on sec.gov)
PDT Partners LLC104,102$3.8m0.24%Trimmed-58,07917 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC54,957$2.0munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP43,786$1.6m0.05%Newnew10 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC30,728$1.1munder 0.1%Trimmed-5,73213 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.
9 in Q3 2024 to 7 in Q2 2026

Tracked managers listing it, at least.

0510152014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
MFC by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20135$1.6bnn.a.n.a.
Q3 20135$1.6bnn.a.n.a.
Q4 20136$1.9bnn.a.n.a.
Q1 20145$1.8bnn.a.n.a.
Q2 20146$1.6bnn.a.n.a.
Q3 20147$1.5bnn.a.n.a.
Q4 20148$1.6bnn.a.n.a.
Q1 20157$1.1bnn.a.n.a.
Q2 20158$1.3bnn.a.n.a.
Q3 20158$1.0bnn.a.n.a.
Q4 20156$922mn.a.n.a.
Q1 20166$762mn.a.n.a.
Q2 20166$627mn.a.n.a.
Q3 20166$564mn.a.n.a.
Q4 201610$1.2bnn.a.n.a.
Q1 201710$1.2bnn.a.n.a.
Q2 201711$1.1bnn.a.n.a.
Q3 201711$1.3bnn.a.n.a.
Q4 201711$1.4bnn.a.n.a.
Q1 201810$500mn.a.n.a.
Q2 20189$381mn.a.n.a.
Q3 201810$494mn.a.n.a.
Q4 201815$486mn.a.n.a.
Q1 201912$702mn.a.n.a.
Q2 201911$521mn.a.n.a.
Q3 201911$727mn.a.n.a.
Q4 201912$850mn.a.n.a.
Q1 20207$370mn.a.n.a.
Q2 20205$422mn.a.n.a.
Q3 20207$485mn.a.n.a.
Q4 20205$658mn.a.n.a.
Q1 20217$1.8bnn.a.n.a.
Q2 20217$1.1bnn.a.n.a.
Q3 20219$1.1bnn.a.n.a.
Q4 20217$1.0bnn.a.n.a.
Q1 202212$1.7bnn.a.n.a.
Q2 20226$914mn.a.n.a.
Q3 20224$458mn.a.n.a.
Q4 20224$530mn.a.n.a.
Q1 20238$554mn.a.n.a.
Q2 20236$522mn.a.n.a.
Q3 20238$587mn.a.n.a.
Q4 20239$638m36
Q1 20248$601m25
Q2 20248$676m36
Q3 20249$895m45
Q4 20246$602m24
Q1 20259$598m72
Q2 20259$731m62
Q3 20259$734m45
Q4 202510$976m1217
Q1 20269$633m1017
Q2 20267$491m1812

Compare with…

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

MFC and V →MFC and AXP →MFC and BAC →Choose a stock to compare with MFC →

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