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
42
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 26 listed it in both
Shares listed
116,409,543
combined, among listed positions
Reported value
$17.8bn
combined, at the quarter end

Among the 92 comparable managers: 42 buyers (opened or added shares) and 4 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +94,341,742.

Managers listing NOW 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.

42 of 42 holders

ActionFiling
T. Rowe Price Associates Inc32,395,663$5.0bn0.54%Added+25,517,21817 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)15,813,783$2.4bn0.12%Added+12,321,88817 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP8,764,241$1.3bn0.42%Added+6,934,20817 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP8,229,232$1.3bn0.22%Added+5,941,93217 Feb 2026 (the filing on sec.gov)
Polen Capital Management LLC5,680,788$870m3.72%Added+4,556,71212 Feb 2026 (the filing on sec.gov)
Invesco Ltd5,588,524$856m0.08%Added+4,278,07619 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC3,926,618$602m0.32%Added+3,553,82917 Feb 2026 (the filing on sec.gov)
Capital Research Global Investors3,232,465$495m0.09%Added+2,499,64611 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP3,003,780$460m0.89%Added+2,999,48017 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd2,518,061$386m0.17%Added+1,631,20317 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC2,416,896$370m0.06%Added+2,390,58712 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC2,274,355$348m0.37%Added+2,237,89713 Feb 2026 (the filing on sec.gov)
Tiger Global Management LLC2,126,890$326m1.10%Added+1,826,89017 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC2,084,521$319m0.24%Added+1,623,79327 Oct 2026 (the filing on sec.gov)
Man Group PLC1,799,035$276m0.47%Added+1,553,18517 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.1,684,593$258m0.14%Added+1,645,87117 Feb 2026 (the filing on sec.gov)
Holocene Advisors LP1,628,010$249m0.52%Added+1,293,22017 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP1,613,364$247m0.35%Added+1,607,88217 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP1,497,914$229m0.13%Added+1,304,67513 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP1,338,885$205m0.75%Added+1,036,89213 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC1,331,977$204m0.32%Newnew12 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC1,152,308$177munder 0.1%Added+1,080,06117 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP1,063,479$163m0.15%Added+872,44813 Feb 2026 (the filing on sec.gov)
MFS Investment Management1,052,936$161m0.05%Added+714,35922 Jan 2026 (the filing on sec.gov)
Millennium Management LLC616,701$94munder 0.1%Added+484,98017 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

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.
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 →