L3VLUP
Quarter end
30 Sep 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 12 Nov 2025
Managers listing it
36
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q2 2025 and Q3 2025; 27 listed it in both
Shares listed
178,827,052
combined, among listed positions
Reported value
$29.9bn
combined, at the quarter end

Among the 95 comparable managers: 22 buyers (opened or added shares) and 15 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.

Managers listing MU in Q3 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q2 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

36 of 36 holders

ActionFiling
Capital World Investors64,186,496$10.7bn1.47%Trimmed-6,621,63613 Nov 2025 (the filing on sec.gov)
Fidelity (FMR LLC)40,064,500$6.7bn0.35%Trimmed-1,686,81013 Nov 2025 (the filing on sec.gov)
Capital Research Global Investors9,657,000$1.6bn0.30%Trimmed-7,992,35713 Nov 2025 (the filing on sec.gov)
Invesco Ltd9,622,166$1.6bn0.25%Added+708,71613 Nov 2025 (the filing on sec.gov)
D. E. Shaw & Co.9,032,316$1.5bn0.85%Added+1,676,52814 Nov 2025 (the filing on sec.gov)
Wellington Management Group LLP7,150,530$1.2bn0.21%Added+1,188,29614 Nov 2025 (the filing on sec.gov)
Jane Street Group LLC6,466,748$1.1bn0.16%Added+2,529,61414 Nov 2025 (the filing on sec.gov)
T. Rowe Price Associates Inc6,019,511$1.0bn0.11%Added+675,69914 Nov 2025 (the filing on sec.gov)
AQR Capital Management LLC3,627,022$607m0.39%Added+2,918,53514 Nov 2025 (the filing on sec.gov)
Citadel Advisors LLC2,696,318$451m0.07%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Two Sigma Advisers LP2,422,000$405m0.81%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Two Sigma Investments LP1,705,132$285m0.42%Added+1,180,31714 Nov 2025 (the filing on sec.gov)
AllianceBernstein LP1,704,509$285m0.09%Added+448,81614 Nov 2025 (the filing on sec.gov)
Janus Henderson Group Ltd1,552,137$260m0.12%Trimmed-477,46714 Nov 2025 (the filing on sec.gov)
Balyasny Asset Management LLC1,529,015$256m0.32%Newnew14 Nov 2025 (the filing on sec.gov)
Voloridge Investment Management LLC1,304,471$218m0.73%Added+1,192,43314 Nov 2025 (the filing on sec.gov)
Squarepoint Ops LLC1,237,961$207m0.21%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Renaissance Technologies LLC1,199,536$201m0.26%Newnew13 Nov 2025 (the filing on sec.gov)
Neuberger Berman Group LLC1,014,774$170m0.12%Trimmed-1,073,57127 Oct 2026 (the filing on sec.gov)
Rokos Capital Management LLP987,168$165m0.71%Trimmed-285,07214 Nov 2025 (the filing on sec.gov)
Man Group PLC945,384$158m0.28%Added+557,75914 Nov 2025 (the filing on sec.gov)
Acadian Asset Management LLC941,211$157m0.27%Added+700,50013 Nov 2025 (the filing on sec.gov)
Holocene Advisors LP830,000$139m0.32%Newnew14 Nov 2025 (the filing on sec.gov)
Millennium Management LLC804,106$135m0.06%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Woodline Partners LP531,297$89m0.42%Trimmed-279,49314 Nov 2025 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q2 2025 to Q3 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.
39 in Q3 2024 to 50 in Q2 2026

Tracked managers listing it, at least.

02040602014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
MU by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201321$3.2bnn.a.n.a.
Q3 201323$4.6bnn.a.n.a.
Q4 201325$4.6bnn.a.n.a.
Q1 201425$5.2bnn.a.n.a.
Q2 201435$7.6bnn.a.n.a.
Q3 201431$7.7bnn.a.n.a.
Q4 201432$6.4bnn.a.n.a.
Q1 201528$4.9bnn.a.n.a.
Q2 201522$2.9bnn.a.n.a.
Q3 201520$2.5bnn.a.n.a.
Q4 201520$2.1bnn.a.n.a.
Q1 201614$1.2bnn.a.n.a.
Q2 201617$1.2bnn.a.n.a.
Q3 201619$2.2bnn.a.n.a.
Q4 201622$2.5bnn.a.n.a.
Q1 201729$4.0bnn.a.n.a.
Q2 201725$5.6bnn.a.n.a.
Q3 201727$9.0bnn.a.n.a.
Q4 201730$9.7bnn.a.n.a.
Q1 201830$10.5bnn.a.n.a.
Q2 201829$10.1bnn.a.n.a.
Q3 201821$8.7bnn.a.n.a.
Q4 201825$6.0bnn.a.n.a.
Q1 201923$8.4bnn.a.n.a.
Q2 201927$8.3bnn.a.n.a.
Q3 201929$9.2bnn.a.n.a.
Q4 201938$9.6bnn.a.n.a.
Q1 202036$7.6bnn.a.n.a.
Q2 202036$8.7bnn.a.n.a.
Q3 202034$8.6bnn.a.n.a.
Q4 202043$13.3bnn.a.n.a.
Q1 202138$13.5bnn.a.n.a.
Q2 202138$11.4bnn.a.n.a.
Q3 202128$8.6bnn.a.n.a.
Q4 202134$12.8bnn.a.n.a.
Q1 202232$10.8bnn.a.n.a.
Q2 202231$7.8bnn.a.n.a.
Q3 202236$7.1bnn.a.n.a.
Q4 202226$8.0bnn.a.n.a.
Q1 202328$10.0bnn.a.n.a.
Q2 202334$10.8bnn.a.n.a.
Q3 202333$11.6bnn.a.n.a.
Q4 202335$14.4bn1721
Q1 202445$19.9bn2320
Q2 202443$20.8bn2028
Q3 202439$12.9bn1926
Q4 202428$12.2bn1616
Q1 202528$13.8bn1713
Q2 202532$22.0bn2310
Q3 202536$29.9bn2215
Q4 202541$54.0bn2123
Q1 202645$56.5bn2819
Q2 202650$164bn1934

Compare with…

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

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