L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
19 Feb 2026
latest of these filings; the earliest 10 Feb 2026
Managers listing it
23
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 2 listed it in both
Shares listed
2,434,457
combined, among listed positions
Reported value
$66m
combined, at the quarter end

Among the 92 comparable managers: 17 buyers (opened or added shares) and 8 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +1,205,757.

Managers listing MMI 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.

23 of 23 holders

ActionFiling
Citadel Advisors LLC361,686$9.9munder 0.1%Added+308,96017 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC269,722$7.4munder 0.1%Added+227,71912 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC260,200$7.1munder 0.1%Added+230,40012 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp229,413$6.3munder 0.1%Added+138,58317 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP213,557$5.8munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP195,482$5.3munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.192,136$5.2munder 0.1%Added+135,73917 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP177,185$4.8munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Invesco Ltd73,454$2.0munder 0.1%Trimmed-55,03119 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP69,500$1.9munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Millennium Management LLC67,388$1.8munder 0.1%Trimmed-104,87917 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC55,516$1.5munder 0.1%Trimmed-5,36017 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP49,571$1.4munder 0.1%Added+13,78017 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC42,752$1.2munder 0.1%Added+21,75313 Feb 2026 (the filing on sec.gov)
Winton Group Ltd39,119$1.1munder 0.1%Added+4,09211 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP30,893$843kunder 0.1%Trimmed-2,59017 Feb 2026 (the filing on sec.gov)
PDT Partners LLC27,574$752kunder 0.1%Added+3,58517 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP27,166$741kunder 0.1%Newnew10 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC17,321$473kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc13,669$374kunder 0.1%Added+1,03817 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd10,880$297kunder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC8,088$221kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)2,185$60kunder 0.1%Trimmed-52817 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.
1 in Q3 2024 to 1 in Q2 2026

Tracked managers listing it, at least.

012342018202020212022202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
MMI by quarter
QuarterHoldersReported valueBuyersSellers
Q3 20151$1.3mn.a.n.a.
Q1 20184$19mn.a.n.a.
Q2 20182$19mn.a.n.a.
Q4 20182$7.8mn.a.n.a.
Q3 20191$975kn.a.n.a.
Q4 20191$10mn.a.n.a.
Q1 20201$6.6mn.a.n.a.
Q2 20201$4.7mn.a.n.a.
Q1 20211$984kn.a.n.a.
Q2 20211$884kn.a.n.a.
Q3 20211$941kn.a.n.a.
Q4 20211$1.2mn.a.n.a.
Q1 20221$1.1mn.a.n.a.
Q2 20221$337kn.a.n.a.
Q3 20221$258kn.a.n.a.
Q3 20231$394kn.a.n.a.
Q4 20231$531k01
Q1 20242$1.8m20
Q2 20241$916k10
Q3 20241$1.2m10
Q4 20241$1.1m10
Q1 20251$1.1m10
Q2 20251$945k10
Q3 20252$1.7m20
Q4 20252$1.8m178
Q1 20261$1.2m814
Q2 20261$2.5m135

Compare with…

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

MMI and WELL →MMI and EQIX →MMI and BN →Choose a stock to compare with MMI →

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