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; 1 listed it in both
Shares listed
8,932,546
combined, among listed positions
Reported value
$343m
combined, at the quarter end

Among the 92 comparable managers: 13 buyers (opened or added shares) and 15 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -2,156,223.

Managers listing PACS 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
Fidelity (FMR LLC)4,785,613$184munder 0.1%Trimmed-165,18717 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP821,491$32munder 0.1%Trimmed-714,70317 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP457,895$18munder 0.1%Trimmed-553,01113 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC448,700$17munder 0.1%Added+74,66517 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP420,218$16munder 0.1%Added+309,00617 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP300,917$12munder 0.1%Added+57,79717 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC227,344$8.7munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd214,070$8.2munder 0.1%Added+192,97017 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP199,651$7.7munder 0.1%Added+172,67413 Feb 2026 (the filing on sec.gov)
Invesco Ltd191,788$7.4munder 0.1%Added+167,36819 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC132,175$5.1munder 0.1%Trimmed-86,91112 Feb 2026 (the filing on sec.gov)
PDT Partners LLC121,140$4.7m0.30%Trimmed-74,32217 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC111,608$4.3munder 0.1%Trimmed-10,94117 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC101,000$3.9munder 0.1%Trimmed-5,55613 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP89,192$3.4m0.11%Added+87,45610 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP87,114$3.3munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP53,790$2.1munder 0.1%Trimmed-2,30017 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.46,127$1.8munder 0.1%Trimmed-49,83617 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC30,959$1.2munder 0.1%Trimmed-8,82413 Feb 2026 (the filing on sec.gov)
Millennium Management LLC28,796$1.1munder 0.1%Trimmed-177,85917 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc25,184$967kunder 0.1%Added+1,82917 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP13,594$522kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC9,200$353kunder 0.1%Trimmed-80,60012 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP9,167$352kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Caxton Associates LLP5,813$223kunder 0.1%Newnew13 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.
2 in Q2 2024 to 1 in Q1 2026

Tracked managers listing it, at least.

01234Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
PACS by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20242$8.8m20
Q3 20244$272m41
Q4 20242$4.0m11
Q1 20251$1.8m10
Q2 20251$2.5m10
Q3 20251$2.7m00
Q4 20253$17m1315
Q1 20261$1.3m1116

Compare with…

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

PACS and UNH →PACS and ELV →PACS and CI →Choose a stock to compare with PACS →

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