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
72,001,371
combined, among listed positions
Reported value
$4.8bn
combined, at the quarter end

Among the 92 comparable managers: 19 buyers (opened or added shares) and 18 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +2,619,306.

Managers listing P 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
Fidelity (FMR LLC)49,525,737$3.3bn0.17%Added+230,24917 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP3,994,727$268m0.16%Trimmed-32,88313 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC3,757,034$252m0.39%Trimmed-75,67812 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC3,414,715$229m0.12%Added+1,315,35117 Feb 2026 (the filing on sec.gov)
Artisan Partners LP1,947,504$131m0.20%Trimmed-1,130,55817 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc1,322,584$89munder 0.1%Trimmed-29,76817 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC788,860$53m0.09%Added+678,96110 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC739,567$50m0.06%Added+695,06917 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP730,740$49munder 0.1%Added+139,17117 Feb 2026 (the filing on sec.gov)
Invesco Ltd725,535$49munder 0.1%Added+96,98019 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP700,678$47m0.07%Added+689,17817 Feb 2026 (the filing on sec.gov)
Millennium Management LLC577,005$39munder 0.1%Trimmed-155,93717 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC503,966$34munder 0.1%Added+48,34027 Oct 2026 (the filing on sec.gov)
Squarepoint Ops LLC457,975$31munder 0.1%Added+396,46713 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC428,967$29munder 0.1%Added+201,25317 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC406,630$27munder 0.1%Trimmed-17,27512 Feb 2026 (the filing on sec.gov)
ARK Investment Management LLC398,100$27m0.18%Added+51,00711 Feb 2026 (the filing on sec.gov)
Man Group PLC358,069$24munder 0.1%Trimmed-54,21717 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP281,300$19munder 0.1%Added+183,30017 Feb 2026 (the filing on sec.gov)
Holocene Advisors LP259,155$17munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP179,669$12munder 0.1%Trimmed-367,61017 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd171,272$11munder 0.1%Added+134,65317 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP110,266$7.4munder 0.1%Added+39,09613 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC54,757$3.7munder 0.1%Added+29,22613 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP54,203$3.6munder 0.1%Trimmed-194,10617 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.
14 in Q3 2024 to 12 in Q2 2026

Tracked managers listing it, at least.

010203020162017201820192020202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
P by quarter
QuarterHoldersReported valueBuyersSellers
Q4 20157$505mn.a.n.a.
Q1 20164$224mn.a.n.a.
Q2 20164$205mn.a.n.a.
Q3 20164$264mn.a.n.a.
Q4 20164$191mn.a.n.a.
Q1 20172$60mn.a.n.a.
Q2 20175$103mn.a.n.a.
Q3 20176$203mn.a.n.a.
Q4 20179$239mn.a.n.a.
Q1 201814$724mn.a.n.a.
Q2 201812$1.1bnn.a.n.a.
Q3 201815$1.3bnn.a.n.a.
Q4 201811$456mn.a.n.a.
Q1 201913$1.3bnn.a.n.a.
Q2 201912$887mn.a.n.a.
Q3 201914$935mn.a.n.a.
Q4 201910$793mn.a.n.a.
Q1 202012$578mn.a.n.a.
Q2 202010$916mn.a.n.a.
Q3 20206$708mn.a.n.a.
Q4 20208$1.8bnn.a.n.a.
Q1 202112$1.2bnn.a.n.a.
Q2 202113$974mn.a.n.a.
Q3 202115$1.6bnn.a.n.a.
Q4 202114$2.0bnn.a.n.a.
Q1 202218$2.7bnn.a.n.a.
Q2 202220$2.2bnn.a.n.a.
Q3 202221$2.2bnn.a.n.a.
Q4 202217$2.2bnn.a.n.a.
Q1 202318$2.0bnn.a.n.a.
Q2 202320$3.2bnn.a.n.a.
Q3 202320$3.1bnn.a.n.a.
Q4 202317$2.7bn126
Q1 202419$3.6bn812
Q2 202418$4.9bn910
Q3 202414$3.1bn97
Q4 20248$3.5bn48
Q1 20258$2.6bn62
Q2 202512$3.5bn85
Q3 202513$5.3bn106
Q4 202515$4.4bn1918
Q1 202612$3.9bn1718
Q2 202612$5.0bn1618

Compare with…

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

P and AAPL →P and SNDK →P and CSCO →Choose a stock to compare with P →

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