L3VLUP
Quarter end
31 Mar 2025
the date the book describes
Filed
5 Nov 2026
latest of these filings; the earliest 2 May 2025
Managers listing it
35
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q4 2024 and Q1 2025; 25 listed it in both
Shares listed
25,541,083
combined, among listed positions
Reported value
$20.3bn
combined, at the quarter end

Among the 95 comparable managers: 20 buyers (opened or added shares) and 16 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 NOW 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.

35 of 35 holders

ActionFiling
T. Rowe Price Associates Inc7,666,918$6.1bn0.75%Trimmed-289,00614 May 2025 (the filing on sec.gov)
Fidelity (FMR LLC)4,519,203$3.6bn0.23%Trimmed-1,359,6975 Nov 2026 (the filing on sec.gov)
Wellington Management Group LLP2,091,279$1.7bn0.32%Trimmed-864,33713 May 2025 (the filing on sec.gov)
AllianceBernstein LP1,732,686$1.4bn0.50%Added+242,13215 May 2025 (the filing on sec.gov)
Invesco Ltd1,658,667$1.3bn0.25%Trimmed-62,38412 May 2025 (the filing on sec.gov)
Capital Research Global Investors1,097,384$874m0.19%Trimmed-327,29512 May 2025 (the filing on sec.gov)
MFS Investment Management971,371$773m0.26%Trimmed-374,9572 May 2025 (the filing on sec.gov)
Polen Capital Management LLC949,728$756m2.37%Trimmed-684,86712 May 2025 (the filing on sec.gov)
Janus Henderson Group Ltd755,041$602m0.33%Trimmed-69,68415 May 2025 (the filing on sec.gov)
Tiger Global Management LLC579,655$461m1.74%Held015 May 2025 (the filing on sec.gov)
Neuberger Berman Group LLC497,443$396m0.33%Trimmed-5,06227 Oct 2026 (the filing on sec.gov)
Arrowstreet Capital LP478,615$381m0.31%Added+130,66614 May 2025 (the filing on sec.gov)
AQR Capital Management LLC473,609$363m0.37%Added+249,10115 May 2025 (the filing on sec.gov)
Marshall Wace LLP296,056$236m0.30%Added+163,70315 May 2025 (the filing on sec.gov)
Renaissance Technologies LLC272,301$217m0.33%Newnew14 May 2025 (the filing on sec.gov)
Two Sigma Investments LP238,435$190m0.41%Addedn.a.15 May 2025 (the filing on sec.gov)
Bridgewater Associates LP234,932$187m0.87%Added+178,53814 May 2025 (the filing on sec.gov)
Acadian Asset Management LLC201,765$161m0.45%Trimmed-87,18921 May 2025 (the filing on sec.gov)
Holocene Advisors LP177,000$141m0.41%Held015 May 2025 (the filing on sec.gov)
Man Group PLC151,383$121m0.31%Added+57,94015 May 2025 (the filing on sec.gov)
D. E. Shaw & Co.140,389$112m0.10%Trimmed-61,82415 May 2025 (the filing on sec.gov)
Millennium Management LLC129,940$103m0.06%Addedn.a.15 May 2025 (the filing on sec.gov)
Voloridge Investment Management LLC51,627$41m0.15%Added+32,81415 May 2025 (the filing on sec.gov)
Hudson Bay Capital Management LP50,312$40m0.12%Trimmed-4,25214 May 2025 (the filing on sec.gov)
Two Sigma Advisers LP28,400$23m0.05%Addedn.a.15 May 2025 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q4 2024 to Q1 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.
28 in Q3 2024 to 34 in Q2 2026

Tracked managers listing it, at least.

0102030402014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
NOW by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201310$2.0bnn.a.n.a.
Q3 20136$2.6bnn.a.n.a.
Q4 20136$2.5bnn.a.n.a.
Q1 20148$2.2bnn.a.n.a.
Q2 20148$2.6bnn.a.n.a.
Q3 201411$2.1bnn.a.n.a.
Q4 20149$2.3bnn.a.n.a.
Q1 201510$2.7bnn.a.n.a.
Q2 20159$2.9bnn.a.n.a.
Q3 201512$3.1bnn.a.n.a.
Q4 201515$3.8bnn.a.n.a.
Q1 201611$2.7bnn.a.n.a.
Q2 201614$2.9bnn.a.n.a.
Q3 201610$3.5bnn.a.n.a.
Q4 201613$3.3bnn.a.n.a.
Q1 201719$3.8bnn.a.n.a.
Q2 201723$5.6bnn.a.n.a.
Q3 201724$6.2bnn.a.n.a.
Q4 201718$7.1bnn.a.n.a.
Q1 201823$9.4bnn.a.n.a.
Q2 201824$9.6bnn.a.n.a.
Q3 201831$9.9bnn.a.n.a.
Q4 201819$8.4bnn.a.n.a.
Q1 201929$11.8bnn.a.n.a.
Q2 201934$14.0bnn.a.n.a.
Q3 201932$13.0bnn.a.n.a.
Q4 201927$13.7bnn.a.n.a.
Q1 202039$13.1bnn.a.n.a.
Q2 202032$17.9bnn.a.n.a.
Q3 202029$20.2bnn.a.n.a.
Q4 202030$21.9bnn.a.n.a.
Q1 202132$20.9bnn.a.n.a.
Q2 202136$23.7bnn.a.n.a.
Q3 202139$26.5bnn.a.n.a.
Q4 202137$27.1bnn.a.n.a.
Q1 202233$21.5bnn.a.n.a.
Q2 202233$17.5bnn.a.n.a.
Q3 202233$14.1bnn.a.n.a.
Q4 202230$14.8bnn.a.n.a.
Q1 202330$16.1bnn.a.n.a.
Q2 202327$18.7bnn.a.n.a.
Q3 202335$18.3bnn.a.n.a.
Q4 202331$22.5bn1419
Q1 202435$23.9bn2115
Q2 202435$22.8bn2016
Q3 202428$25.9bn1018
Q4 202435$30.5bn2016
Q1 202535$20.3bn2016
Q2 202530$24.9bn1913
Q3 202531$20.0bn1614
Q4 202538$17.6bn424
Q1 202637$12.2bn2223
Q2 202634$7.9bn2026

Compare with…

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

NOW and GOOGL →NOW and AMZN →NOW and MSFT →Choose a stock to compare with NOW →

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