L3VLUP
Quarter end
31 Mar 2025
the date the book describes
Filed
15 May 2025
latest of these filings; the earliest 12 May 2025
Managers listing it
4
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q4 2024 and Q1 2025; 3 listed it in both
Shares listed
18,061,603
combined, among listed positions
Reported value
$428m
combined, at the quarter end

Among the 95 comparable managers: 4 buyers (opened or added shares) and 1 seller (trimmed or exited), at least, among listed positions. Their net change in shares was -620,839.

Managers listing NE in Q1 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q4 2024, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

4 of 4 holders

ActionFiling
First Eagle Investment Management LLC12,188,599$289m0.60%Added+196,38312 May 2025 (the filing on sec.gov)
Capital World Investors4,614,414$109munder 0.1%Added+9,61012 May 2025 (the filing on sec.gov)
Freestone Grove Partners LP1,144,918$27m0.28%Added+940,59615 May 2025 (the filing on sec.gov)
Holocene Advisors LP113,672$2.7munder 0.1%Newnew15 May 2025 (the filing on sec.gov)

Largest increases and reductions, by shares

Q4 2024 to Q1 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

No reduction among listed positions.

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.
7 in Q3 2024 to 6 in Q2 2026

Tracked managers listing it, at least.

051015Q3 2022Q1 2023Q3 2023Q1 2024Q3 2024Q1 2025Q3 2025Q1 2026Q2 2026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
NE by quarter
QuarterHoldersReported valueBuyersSellers
Q3 20224$98mn.a.n.a.
Q4 20227$197mn.a.n.a.
Q1 20237$206mn.a.n.a.
Q2 20236$281mn.a.n.a.
Q3 202311$526mn.a.n.a.
Q4 20236$592m42
Q1 20247$644m42
Q2 20246$522m14
Q3 20247$458m71
Q4 20244$587m31
Q1 20254$428m41
Q2 20254$530m22
Q3 20254$507m31
Q4 20254$486m156
Q1 20263$927m1311
Q2 20266$791m169

Compare with…

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

NE and GEV →NE and XOM →NE and CVX →Choose a stock to compare with NE →

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