L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
19 Feb 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
22
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 3 listed it in both
Shares listed
8,227,248
combined, among listed positions
Reported value
$365m
combined, at the quarter end

Among the 92 comparable managers: 15 buyers (opened or added shares) and 12 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +514,015.

Managers listing MIAX 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.

22 of 22 holders

ActionFiling
Susquehanna International Group LLP3,284,952$146munder 0.1%Added+10017 Feb 2026 (the filing on sec.gov)
Invesco Ltd1,278,966$57munder 0.1%Added+820,24619 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC638,050$28munder 0.1%Added+148,45212 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC619,580$27munder 0.1%Trimmed-355,47017 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP616,118$27munder 0.1%Added+32,99817 Feb 2026 (the filing on sec.gov)
Millennium Management LLC284,664$13munder 0.1%Added+126,18217 Feb 2026 (the filing on sec.gov)
MFS Investment Management273,908$12munder 0.1%Trimmed-23,80622 Jan 2026 (the filing on sec.gov)
Woodline Partners LP261,111$12munder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC195,099$8.7munder 0.1%Newnew12 Feb 2026 (the filing on sec.gov)
Soros Fund Management LLC154,560$6.9m0.08%Added+50,30013 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP140,331$6.2munder 0.1%Added+90,32017 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc130,486$5.8munder 0.1%Trimmed-268,29617 Feb 2026 (the filing on sec.gov)
Hudson Bay Capital Management LP101,552$4.5munder 0.1%Added+60,40713 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC100,000$4.4munder 0.1%Trimmed-117,71417 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp56,006$2.5munder 0.1%Added+10,47317 Feb 2026 (the filing on sec.gov)
Element Capital Management LLC27,855$1.2m0.59%Newnew17 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP23,100$1.0munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP10,970$487kunder 0.1%Trimmed-43,63417 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP10,402$462kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC9,463$420kunder 0.1%Trimmed-7,66813 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd8,600$382kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)1,475$65kunder 0.1%Added+1,40017 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.
5 in Q3 2025 to 3 in Q2 2026

Tracked managers listing it, at least.

0246Q3 2025Q4 2025Q1 2026Q2 2026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
MIAX by quarter
QuarterHoldersReported valueBuyersSellers
Q3 20255$30m50
Q4 20253$20m1512
Q1 20263$15m217
Q2 20263$97m1215

Compare with…

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

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

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