L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
19 Feb 2026
latest of these filings; the earliest 5 Feb 2026
Managers listing it
22
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 0 listed it in both
Shares listed
14,275,298
combined, among listed positions
Reported value
$168m
combined, at the quarter end

Among the 92 comparable managers: 10 buyers (opened or added shares) and 11 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -1,070,419.

Managers listing NEO 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
D. E. Shaw & Co.5,297,528$62munder 0.1%Added+2,000,12317 Feb 2026 (the filing on sec.gov)
Millennium Management LLC5,204,409$61munder 0.1%Trimmed-770,21717 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC1,307,471$15munder 0.1%Trimmed-1,403,32017 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC593,790$7.0munder 0.1%Trimmed-641,08017 Feb 2026 (the filing on sec.gov)
Invesco Ltd539,157$6.3munder 0.1%Trimmed-21,21619 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP170,900$2.0munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)170,487$2.0munder 0.1%Added+133,35917 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp156,642$1.8munder 0.1%Trimmed-218,70917 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP156,254$1.8munder 0.1%Trimmed-4,08617 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC146,352$1.7munder 0.1%Added+80,34817 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc123,930$1.5munder 0.1%Added+5,00117 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC114,016$1.3munder 0.1%Trimmed-248,82012 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP83,600$983kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd60,110$707kunder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC32,314$380kunder 0.1%Trimmed-61,40813 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC24,375$287kunder 0.1%Trimmed-232,63713 Feb 2026 (the filing on sec.gov)
Farallon Capital Management LLC19,000$223kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP17,575$207kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP16,718$197kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
GAMCO Investors Inc16,000$188kunder 0.1%Held05 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP14,370$169kunder 0.1%Trimmed-1,94917 Feb 2026 (the filing on sec.gov)
Winton Group Ltd10,300$121kunder 0.1%Newnew11 Feb 2026 (the filing on sec.gov)

Largest increases and reductions, by shares

There is no earlier quarter on file to compare with.

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 Q4 2023 to 1 in Q1 2026

Tracked managers listing it, at least.

02468201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
NEO by quarter
QuarterHoldersReported valueBuyersSellers
Q3 20141$10.0mn.a.n.a.
Q4 20141$14mn.a.n.a.
Q1 20152$16mn.a.n.a.
Q2 20151$16mn.a.n.a.
Q3 20151$18mn.a.n.a.
Q4 20151$24mn.a.n.a.
Q1 20161$20mn.a.n.a.
Q2 20161$23mn.a.n.a.
Q3 20161$23mn.a.n.a.
Q4 20162$23mn.a.n.a.
Q1 20171$19mn.a.n.a.
Q2 20172$23mn.a.n.a.
Q3 20172$28mn.a.n.a.
Q4 20172$22mn.a.n.a.
Q1 20183$21mn.a.n.a.
Q2 20183$112mn.a.n.a.
Q3 20184$122mn.a.n.a.
Q4 20187$136mn.a.n.a.
Q1 20198$152mn.a.n.a.
Q2 20198$166mn.a.n.a.
Q3 20195$123mn.a.n.a.
Q4 20194$195mn.a.n.a.
Q1 20206$281mn.a.n.a.
Q2 20205$374mn.a.n.a.
Q3 20206$464mn.a.n.a.
Q4 20205$880mn.a.n.a.
Q1 20214$875mn.a.n.a.
Q2 20214$688mn.a.n.a.
Q3 20214$937mn.a.n.a.
Q4 20214$791mn.a.n.a.
Q1 20224$115mn.a.n.a.
Q2 20223$38mn.a.n.a.
Q3 20221$51mn.a.n.a.
Q4 20222$57mn.a.n.a.
Q1 20232$132mn.a.n.a.
Q2 20232$124mn.a.n.a.
Q3 20231$88mn.a.n.a.
Q4 20231$103m01
Q1 20242$133m11
Q2 20242$106m11
Q3 20242$98m11
Q4 20241$102m01
Q1 20252$56m11
Q4 20251$223k1011
Q1 20261$141k1310

Compare with…

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

NEO and V →NEO and MA →NEO and MCO →Choose a stock to compare with NEO →

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