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
28
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 10 listed it in both
Shares listed
29,707,512
combined, among listed positions
Reported value
$4.1bn
combined, at the quarter end

Among the 92 comparable managers: 11 buyers (opened or added shares) and 20 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -2,390,336.

Managers listing NTRS 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.

28 of 28 holders

ActionFiling
Fidelity (FMR LLC)13,847,361$1.9bn0.10%Trimmed-1,815,81417 Feb 2026 (the filing on sec.gov)
MFS Investment Management5,937,970$811m0.26%Trimmed-286,86022 Jan 2026 (the filing on sec.gov)
Invesco Ltd3,747,840$512munder 0.1%Added+301,16419 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP1,792,409$245munder 0.1%Trimmed-349,54717 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC1,723,516$235m0.12%Added+703,98517 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP432,664$59m0.05%Added+326,09013 Feb 2026 (the filing on sec.gov)
Millennium Management LLC327,972$45munder 0.1%Trimmed-98,97617 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc316,434$43munder 0.1%Trimmed-79,40117 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP259,382$35munder 0.1%Added+17,97617 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC220,250$30munder 0.1%Added+179,57913 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC185,197$25munder 0.1%Trimmed-614,07917 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC180,289$25munder 0.1%Added+115,96010 Feb 2026 (the filing on sec.gov)
GAMCO Investors Inc163,098$22m0.21%Trimmed-5,8945 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC132,183$18munder 0.1%Trimmed-280,88017 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC112,389$15munder 0.1%Added+36,56312 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP51,640$7.1munder 0.1%Trimmed-35,00917 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp36,021$4.9munder 0.1%Trimmed-51,00817 Feb 2026 (the filing on sec.gov)
Man Group PLC33,851$4.6munder 0.1%Trimmed-135,28417 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP33,369$4.6munder 0.1%Trimmed-116,98217 Feb 2026 (the filing on sec.gov)
Woodline Partners LP32,306$4.4munder 0.1%Added+7,03217 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.28,442$3.9munder 0.1%Trimmed-1,76017 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP27,773$3.8munder 0.1%Added+2,40017 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC27,373$3.7munder 0.1%Trimmed-4,39927 Oct 2026 (the filing on sec.gov)
Janus Henderson Group Ltd23,497$3.2munder 0.1%Added+37317 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC13,217$1.8munder 0.1%Trimmed-13,17413 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.
8 in Q3 2024 to 10 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.
NTRS by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201310$1.9bnn.a.n.a.
Q3 201311$1.7bnn.a.n.a.
Q4 201310$2.3bnn.a.n.a.
Q1 201410$2.5bnn.a.n.a.
Q2 201412$2.7bnn.a.n.a.
Q3 201411$3.2bnn.a.n.a.
Q4 201410$2.9bnn.a.n.a.
Q1 201510$3.2bnn.a.n.a.
Q2 201513$3.8bnn.a.n.a.
Q3 20159$3.5bnn.a.n.a.
Q4 201512$3.7bnn.a.n.a.
Q1 201610$2.9bnn.a.n.a.
Q2 201616$3.1bnn.a.n.a.
Q3 201618$3.2bnn.a.n.a.
Q4 201617$4.0bnn.a.n.a.
Q1 201713$3.8bnn.a.n.a.
Q2 201716$4.2bnn.a.n.a.
Q3 201718$3.7bnn.a.n.a.
Q4 201716$3.9bnn.a.n.a.
Q1 201821$4.3bnn.a.n.a.
Q2 201818$4.4bnn.a.n.a.
Q3 201821$3.9bnn.a.n.a.
Q4 201821$3.0bnn.a.n.a.
Q1 201915$2.9bnn.a.n.a.
Q2 201912$2.6bnn.a.n.a.
Q3 20197$2.7bnn.a.n.a.
Q4 201913$3.0bnn.a.n.a.
Q1 20209$2.1bnn.a.n.a.
Q2 202013$1.6bnn.a.n.a.
Q3 202011$1.5bnn.a.n.a.
Q4 202013$1.8bnn.a.n.a.
Q1 202112$2.0bnn.a.n.a.
Q2 202112$2.1bnn.a.n.a.
Q3 202114$2.1bnn.a.n.a.
Q4 202114$2.5bnn.a.n.a.
Q1 202212$2.5bnn.a.n.a.
Q2 202212$1.8bnn.a.n.a.
Q3 202212$1.4bnn.a.n.a.
Q4 20228$1.5bnn.a.n.a.
Q1 20237$1.7bnn.a.n.a.
Q2 202310$1.4bnn.a.n.a.
Q3 202310$1.3bnn.a.n.a.
Q4 20239$2.1bn73
Q1 202413$2.5bn94
Q2 20249$2.6bn56
Q3 20248$2.7bn35
Q4 202411$3.4bn82
Q1 202510$3.3bn47
Q2 202513$4.3bn86
Q3 202512$4.0bn67
Q4 202510$3.8bn1120
Q1 202611$3.5bn1618
Q2 202610$4.1bn1517

Compare with…

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

NTRS and BAC →NTRS and JPM →NTRS and WFC →Choose a stock to compare with NTRS →

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