L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 10 Feb 2026
Managers listing it
26
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 7 listed it in both
Shares listed
421,857,481
combined, among listed positions
Reported value
$2.7bn
combined, at the quarter end

Among the 92 comparable managers: 17 buyers (opened or added shares) and 10 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +80,403,053.

Managers listing NOK 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.

26 of 26 holders

ActionFiling
Fidelity (FMR LLC)165,279,651$1.1bn0.05%Added+70,554,49417 Feb 2026 (the filing on sec.gov)
Artisan Partners LP99,477,170$644m0.96%Trimmed-7,508,99017 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP47,321,058$306m0.18%Added+3,896,36313 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP26,104,442$169m0.19%Added+4,972,71017 Feb 2026 (the filing on sec.gov)
Oaktree Capital Management LP18,752,229$121m1.73%Held017 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC15,937,658$103munder 0.1%Added+6,245,02317 Feb 2026 (the filing on sec.gov)
Millennium Management LLC13,448,179$87munder 0.1%Added+9,774,32817 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP6,623,145$43munder 0.1%Trimmed-147,04713 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP5,776,883$37m0.27%Trimmed-6,054,28317 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC5,748,780$37m0.06%Newnew12 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP4,688,702$30munder 0.1%Added+344,39617 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC4,151,830$27munder 0.1%Added+2,506,35510 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP3,475,403$22munder 0.1%Trimmed-114,95117 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP1,411,002$9.1m0.07%Trimmed-1,039,10617 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC1,312,431$8.5munder 0.1%Trimmed-2,632,45412 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.1,213,294$7.8munder 0.1%Added+1,101,98417 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC241,670$1.6munder 0.1%Added+37,21217 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP199,924$1.3munder 0.1%Added+109,41710 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC153,013$990kunder 0.1%Added+55,33113 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC131,740$852kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC104,889$679kunder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP93,862$607kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Invesco Ltd68,602$444kunder 0.1%Added+10,78919 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC68,005$440kunder 0.1%Added+14,38327 Oct 2026 (the filing on sec.gov)
Verition Fund Management LLC63,004$408kunder 0.1%Trimmed-359,46113 Feb 2026 (the filing on sec.gov)
Page 1 of 2

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.
3 in Q3 2024 to 18 in Q2 2026

Tracked managers listing it, at least.

051015202014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
NOK by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20132$721mn.a.n.a.
Q3 20136$1.2bnn.a.n.a.
Q4 20139$1.5bnn.a.n.a.
Q1 20149$1.4bnn.a.n.a.
Q2 20149$1.4bnn.a.n.a.
Q3 20147$955mn.a.n.a.
Q4 20147$514mn.a.n.a.
Q1 20153$522mn.a.n.a.
Q2 20153$169mn.a.n.a.
Q3 20155$187mn.a.n.a.
Q4 20154$201mn.a.n.a.
Q1 20162$118mn.a.n.a.
Q2 20162$100mn.a.n.a.
Q3 20162$104mn.a.n.a.
Q4 20161$48mn.a.n.a.
Q1 20172$148mn.a.n.a.
Q2 20174$177mn.a.n.a.
Q3 20171$192mn.a.n.a.
Q4 20173$207mn.a.n.a.
Q1 20184$268mn.a.n.a.
Q2 20182$307mn.a.n.a.
Q3 20182$267mn.a.n.a.
Q4 20188$583mn.a.n.a.
Q1 20196$418mn.a.n.a.
Q2 20195$221mn.a.n.a.
Q3 20196$170mn.a.n.a.
Q4 20193$47mn.a.n.a.
Q1 20205$46mn.a.n.a.
Q2 20202$19mn.a.n.a.
Q3 20202$85mn.a.n.a.
Q4 20204$243mn.a.n.a.
Q1 20214$270mn.a.n.a.
Q2 20216$839mn.a.n.a.
Q3 20218$893mn.a.n.a.
Q4 202110$1.4bnn.a.n.a.
Q1 20227$974mn.a.n.a.
Q2 20225$702mn.a.n.a.
Q3 20226$765mn.a.n.a.
Q4 20226$853mn.a.n.a.
Q1 20237$844mn.a.n.a.
Q2 20234$474mn.a.n.a.
Q3 20232$393mn.a.n.a.
Q4 20231$365m10
Q1 20242$419m20
Q2 20243$438m12
Q3 20243$533m13
Q4 20245$682m31
Q1 20256$989m61
Q2 20258$1.0bn62
Q3 20258$1.0bn52
Q4 202511$2.5bn1710
Q1 202613$3.4bn1910
Q2 202618$4.4bn2212

Compare with…

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

NOK and AAPL →NOK and SNDK →NOK and CSCO →Choose a stock to compare with NOK →

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