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
32
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 11 listed it in both
Shares listed
17,364,714
combined, among listed positions
Reported value
$1.9bn
combined, at the quarter end

Among the 92 comparable managers: 20 buyers (opened or added shares) and 13 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +1,740,529.

Managers listing NTAP 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.

32 of 32 holders

ActionFiling
Wellington Management Group LLP4,532,254$485m0.09%Trimmed-383,29917 Feb 2026 (the filing on sec.gov)
Invesco Ltd3,170,157$339munder 0.1%Added+154,49019 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC1,705,442$183m0.10%Trimmed-143,77617 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP1,644,275$176m0.10%Trimmed-179,01713 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)882,051$94munder 0.1%Added+97,10017 Feb 2026 (the filing on sec.gov)
Millennium Management LLC646,259$69munder 0.1%Added+266,85417 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP638,448$68m0.10%Added+325,27117 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC606,154$65m0.23%Added+574,30917 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.465,893$50munder 0.1%Added+464,10617 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP411,730$44munder 0.1%Added+150,79517 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP411,702$44m0.09%Added+148,90017 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC403,544$43m0.07%Added+142,54310 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc363,259$39munder 0.1%Trimmed-46,20817 Feb 2026 (the filing on sec.gov)
Man Group PLC274,232$29munder 0.1%Added+39,08217 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC197,618$21munder 0.1%Added+132,44412 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP184,508$20m0.07%Trimmed-133,68013 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC156,615$17munder 0.1%Added+74,21117 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP149,272$16munder 0.1%Added+87,25217 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC148,904$16munder 0.1%Added+102,11913 Feb 2026 (the filing on sec.gov)
Caxton Associates LLP145,000$16m0.30%Newnew13 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC57,486$6.2munder 0.1%Added+14,76427 Oct 2026 (the filing on sec.gov)
Renaissance Technologies LLC43,112$4.6munder 0.1%Trimmed-135,56812 Feb 2026 (the filing on sec.gov)
Woodline Partners LP34,058$3.6munder 0.1%Trimmed-176,85517 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd30,453$3.3munder 0.1%Trimmed-3,06317 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP24,180$2.6m0.09%Newnew10 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.
15 in Q3 2024 to 15 in Q2 2026

Tracked managers listing it, at least.

01020302014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
NTAP by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201318$2.8bnn.a.n.a.
Q3 201315$3.2bnn.a.n.a.
Q4 201318$2.6bnn.a.n.a.
Q1 201420$1.9bnn.a.n.a.
Q2 201422$2.1bnn.a.n.a.
Q3 201417$2.5bnn.a.n.a.
Q4 201416$2.4bnn.a.n.a.
Q1 201513$2.2bnn.a.n.a.
Q2 20157$2.1bnn.a.n.a.
Q3 20157$2.0bnn.a.n.a.
Q4 20157$1.8bnn.a.n.a.
Q1 20167$1.6bnn.a.n.a.
Q2 20164$1.3bnn.a.n.a.
Q3 201614$1.9bnn.a.n.a.
Q4 201613$1.5bnn.a.n.a.
Q1 201718$1.3bnn.a.n.a.
Q2 201718$1.4bnn.a.n.a.
Q3 201713$1.6bnn.a.n.a.
Q4 201713$1.8bnn.a.n.a.
Q1 201810$1.0bnn.a.n.a.
Q2 201816$1.7bnn.a.n.a.
Q3 201822$2.0bnn.a.n.a.
Q4 201815$1.5bnn.a.n.a.
Q1 201914$1.9bnn.a.n.a.
Q2 201919$1.6bnn.a.n.a.
Q3 201916$1.1bnn.a.n.a.
Q4 201911$751mn.a.n.a.
Q1 202013$351mn.a.n.a.
Q2 202019$476mn.a.n.a.
Q3 202013$371mn.a.n.a.
Q4 202016$743mn.a.n.a.
Q1 202113$503mn.a.n.a.
Q2 202114$741mn.a.n.a.
Q3 202115$1.1bnn.a.n.a.
Q4 202120$1.5bnn.a.n.a.
Q1 202220$1.4bnn.a.n.a.
Q2 202222$1.3bnn.a.n.a.
Q3 202217$1.0bnn.a.n.a.
Q4 202216$5.4bnn.a.n.a.
Q1 202316$953mn.a.n.a.
Q2 202312$914mn.a.n.a.
Q3 202314$828mn.a.n.a.
Q4 202321$1.2bn156
Q1 202418$1.6bn108
Q2 202419$2.2bn129
Q3 202415$1.9bn108
Q4 202412$1.3bn59
Q1 202516$800m125
Q2 202510$1.2bn77
Q3 202511$1.6bn83
Q4 202513$1.5bn2013
Q1 202610$1.4bn1318
Q2 202615$2.3bn2211

Compare with…

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

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