L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
25
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
6,274,481
combined, among listed positions
Reported value
$289m
combined, at the quarter end

Among the 92 comparable managers: 13 buyers (opened or added shares) and 15 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -576,813.

Managers listing NJR 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.

25 of 25 holders

ActionFiling
Neuberger Berman Group LLC1,483,272$68m0.05%Added+4,86627 Oct 2026 (the filing on sec.gov)
Fidelity (FMR LLC)811,515$37munder 0.1%Trimmed-33417 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC787,628$36munder 0.1%Added+238,88917 Feb 2026 (the filing on sec.gov)
MFS Investment Management690,179$32munder 0.1%Added+12,33522 Jan 2026 (the filing on sec.gov)
Invesco Ltd519,941$24munder 0.1%Added+32,11619 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP476,150$22munder 0.1%Added+83,88617 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC420,133$19munder 0.1%Added+367,68317 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP300,471$14munder 0.1%Added+3,32217 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP192,697$8.9munder 0.1%Trimmed-6,72717 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc94,112$4.3munder 0.1%Added+5,02717 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP72,000$3.3munder 0.1%Added+2,30017 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC69,302$3.2munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Man Group PLC65,206$3.0munder 0.1%Added+43,09517 Feb 2026 (the filing on sec.gov)
Holocene Advisors LP58,078$2.7munder 0.1%Trimmed-25,35117 Feb 2026 (the filing on sec.gov)
Millennium Management LLC44,895$2.1munder 0.1%Trimmed-632,45717 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd42,964$2.0munder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC28,378$1.3munder 0.1%Trimmed-100,37317 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP27,893$1.3munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC21,534$993kunder 0.1%Trimmed-30,32017 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP20,455$943kunder 0.1%Added+10,62917 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.13,800$636kunder 0.1%Trimmed-5,13517 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP10,362$478kunder 0.1%Trimmed-24,33117 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP8,545$394kunder 0.1%Trimmed-34,94817 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC8,029$370kunder 0.1%Trimmed-3,69413 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC6,942$320kunder 0.1%Trimmed-103,07513 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.
4 in Q3 2024 to 2 in Q2 2026

Tracked managers listing it, at least.

024682014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
NJR by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20131$45mn.a.n.a.
Q3 20132$2.8mn.a.n.a.
Q4 20132$1.5mn.a.n.a.
Q1 20141$1.2mn.a.n.a.
Q1 20151$8.2mn.a.n.a.
Q2 20151$1.5mn.a.n.a.
Q3 20151$1.8mn.a.n.a.
Q4 20151$3.8mn.a.n.a.
Q1 20161$3.7mn.a.n.a.
Q2 20161$2.0mn.a.n.a.
Q3 20162$35mn.a.n.a.
Q4 20162$2.4mn.a.n.a.
Q1 20172$39mn.a.n.a.
Q2 20171$7.4mn.a.n.a.
Q3 20172$8.9mn.a.n.a.
Q4 20174$52mn.a.n.a.
Q1 20183$25mn.a.n.a.
Q2 20182$9.0mn.a.n.a.
Q3 20181$18mn.a.n.a.
Q4 20186$89mn.a.n.a.
Q1 20194$74mn.a.n.a.
Q2 20193$21mn.a.n.a.
Q3 20197$49mn.a.n.a.
Q4 20197$58mn.a.n.a.
Q1 20203$49mn.a.n.a.
Q2 20204$51mn.a.n.a.
Q3 20205$45mn.a.n.a.
Q4 20202$56mn.a.n.a.
Q1 20214$63mn.a.n.a.
Q2 20212$6.5mn.a.n.a.
Q4 20212$61mn.a.n.a.
Q1 20223$215mn.a.n.a.
Q2 20223$179mn.a.n.a.
Q3 20223$154mn.a.n.a.
Q4 20223$181mn.a.n.a.
Q1 20233$58mn.a.n.a.
Q2 20233$64mn.a.n.a.
Q3 20232$36mn.a.n.a.
Q4 20231$38m11
Q1 20242$15m20
Q2 20244$91m40
Q3 20244$95m40
Q4 20243$76m12
Q1 20255$114m32
Q2 20253$84m30
Q3 20253$77m21
Q4 20252$71m1315
Q1 20261$83m1114
Q2 20262$98m1014

Compare with…

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

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

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