L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
19 Feb 2026
latest of these filings; the earliest 10 Feb 2026
Managers listing it
25
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 3 listed it in both
Shares listed
90,889,497
combined, among listed positions
Reported value
$530m
combined, at the quarter end

Among the 92 comparable managers: 18 buyers (opened or added shares) and 10 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +16,068,809.

Managers listing OPEN 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.

25 of 25 holders

ActionFiling
Renaissance Technologies LLC39,330,438$229m0.36%Added+13,229,33812 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC13,876,517$81munder 0.1%Trimmed-12,000,49412 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC7,631,932$44munder 0.1%Added+6,512,76617 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.6,447,954$38munder 0.1%Added+795,16717 Feb 2026 (the filing on sec.gov)
Millennium Management LLC4,858,717$28munder 0.1%Added+4,359,79317 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC4,200,864$24m0.09%Trimmed-1,085,30517 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP4,083,494$24munder 0.1%Added+2,316,75417 Feb 2026 (the filing on sec.gov)
Invesco Ltd3,721,835$22munder 0.1%Trimmed-2,957,77419 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP3,271,478$19munder 0.1%Added+3,216,17817 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp934,744$5.5munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC497,036$2.9munder 0.1%Added+333,86113 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd397,152$2.3munder 0.1%Added+146,18617 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc321,374$1.9munder 0.1%Trimmed-16,70717 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC296,681$1.7munder 0.1%Added+76,37917 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP263,967$1.5munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC262,918$1.5munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Winton Group Ltd151,511$883kunder 0.1%Newnew11 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP95,568$557kunder 0.1%Added+68,00117 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC74,336$433kunder 0.1%Trimmed-364,43113 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)38,372$224kunder 0.1%Added+3,14317 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP32,745$191kunder 0.1%Trimmed-11,38117 Feb 2026 (the filing on sec.gov)
Man Group PLC31,664$185kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP27,932$163kunder 0.1%Newnew10 Feb 2026 (the filing on sec.gov)
Caxton Associates LLP22,268$130kunder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP18,000$105kunder 0.1%Trimmed-6,30217 Feb 2026 (the filing on sec.gov)

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.
4 in Q1 2024 to 1 in Q2 2026

Tracked managers listing it, at least.

035810202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
OPEN by quarter
QuarterHoldersReported valueBuyersSellers
Q4 20206$226mn.a.n.a.
Q1 20215$593mn.a.n.a.
Q2 20215$512mn.a.n.a.
Q3 20219$1.1bnn.a.n.a.
Q4 202110$1.2bnn.a.n.a.
Q1 20229$843mn.a.n.a.
Q2 20228$415mn.a.n.a.
Q3 20226$220mn.a.n.a.
Q4 20225$14mn.a.n.a.
Q1 20233$1.4mn.a.n.a.
Q2 20237$134mn.a.n.a.
Q3 20235$113mn.a.n.a.
Q4 20235$184m23
Q1 20244$103m31
Q2 20242$45m02
Q3 20241$38m02
Q1 20251$1.6m10
Q3 20253$456m30
Q4 20253$273m1810
Q1 20264$83m1710
Q2 20261$42m1116

Compare with…

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

OPEN and WELL →OPEN and EQIX →OPEN and BN →Choose a stock to compare with OPEN →

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