L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
19 Feb 2026
latest of these filings; the earliest 6 Feb 2026
Managers listing it
27
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 5 listed it in both
Shares listed
5,370,840
combined, among listed positions
Reported value
$208m
combined, at the quarter end

Among the 92 comparable managers: 19 buyers (opened or added shares) and 11 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +1,200,870.

Managers listing NSP 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.

27 of 27 holders

ActionFiling
Invesco Ltd1,137,255$44munder 0.1%Added+615,10019 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.899,840$35munder 0.1%Added+272,96017 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC482,145$19munder 0.1%Added+363,26317 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC483,085$19munder 0.1%Added+359,06917 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC457,362$18m0.06%Added+94,95817 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP372,976$14munder 0.1%Trimmed-97,84417 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP317,880$12munder 0.1%Added+129,80017 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC183,764$7.1munder 0.1%Added+147,14617 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC171,581$6.6munder 0.1%Added+119,74313 Feb 2026 (the filing on sec.gov)
Markel Group Inc152,873$5.9munder 0.1%Added+21,1456 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC137,100$5.3munder 0.1%Trimmed-124,30012 Feb 2026 (the filing on sec.gov)
PDT Partners LLC108,662$4.2m0.27%Added+91,96017 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)78,180$3.0munder 0.1%Added+56,11717 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP53,571$2.1munder 0.1%Added+48,64717 Feb 2026 (the filing on sec.gov)
Millennium Management LLC46,293$1.8munder 0.1%Trimmed-493,46717 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP44,766$1.7munder 0.1%Trimmed-22,92717 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc42,942$1.7munder 0.1%Added+6,33917 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP37,847$1.5munder 0.1%Added+32,37113 Feb 2026 (the filing on sec.gov)
Holocene Advisors LP28,197$1.1munder 0.1%Trimmed-45,41217 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP27,408$1.1munder 0.1%Added+9,69017 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP26,210$1.0munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Winton Group Ltd20,917$810kunder 0.1%Added+10,10211 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP18,002$697kunder 0.1%Trimmed-22,10010 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd16,316$632kunder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Woodline Partners LP15,628$605kunder 0.1%Added+10,22817 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.
6 in Q3 2024 to 2 in Q2 2026

Tracked managers listing it, at least.

05101520201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
NSP by quarter
QuarterHoldersReported valueBuyersSellers
Q4 20141$38mn.a.n.a.
Q1 20157$233mn.a.n.a.
Q2 20157$243mn.a.n.a.
Q3 20155$196mn.a.n.a.
Q4 20155$193mn.a.n.a.
Q1 20165$219mn.a.n.a.
Q2 20167$228mn.a.n.a.
Q3 20163$151mn.a.n.a.
Q4 20164$79mn.a.n.a.
Q1 20175$97mn.a.n.a.
Q2 20178$61mn.a.n.a.
Q3 20173$14mn.a.n.a.
Q4 20177$47mn.a.n.a.
Q1 20188$108mn.a.n.a.
Q2 201811$260mn.a.n.a.
Q3 201811$345mn.a.n.a.
Q4 201810$211mn.a.n.a.
Q1 201917$439mn.a.n.a.
Q2 201913$363mn.a.n.a.
Q3 20195$238mn.a.n.a.
Q4 20196$194mn.a.n.a.
Q1 20206$35mn.a.n.a.
Q2 20206$78mn.a.n.a.
Q3 20206$60mn.a.n.a.
Q4 20207$67mn.a.n.a.
Q1 20212$44mn.a.n.a.
Q2 20213$64mn.a.n.a.
Q3 20213$74mn.a.n.a.
Q4 20216$188mn.a.n.a.
Q1 20227$177mn.a.n.a.
Q2 20228$190mn.a.n.a.
Q3 20227$197mn.a.n.a.
Q4 20227$218mn.a.n.a.
Q1 20239$228mn.a.n.a.
Q2 20237$183mn.a.n.a.
Q3 20236$99mn.a.n.a.
Q4 20237$159m43
Q1 202411$166m83
Q2 20246$105m43
Q3 20246$124m60
Q4 20248$74m73
Q1 20254$19m21
Q2 20256$36m41
Q3 20255$30m22
Q4 20255$41m1911
Q1 20262$9.7m1217
Q2 20262$15m1016

Compare with…

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

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

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