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
26
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
14,622,571
combined, among listed positions
Reported value
$155m
combined, at the quarter end

Among the 92 comparable managers: 14 buyers (opened or added shares) and 16 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +920,840.

Managers listing PBI 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.

26 of 26 holders

ActionFiling
Millennium Management LLC2,630,801$28munder 0.1%Added+988,65317 Feb 2026 (the filing on sec.gov)
Invesco Ltd2,089,888$22munder 0.1%Trimmed-532,11519 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.1,334,059$14munder 0.1%Added+805,95817 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc1,262,095$13munder 0.1%Trimmed-827,25217 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC1,241,759$13munder 0.1%Added+415,70012 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP1,144,850$12munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC1,069,923$11munder 0.1%Trimmed-495,55617 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP975,560$10munder 0.1%Added+135,30917 Feb 2026 (the filing on sec.gov)
GAMCO Investors Inc491,200$5.2munder 0.1%Added+124,0005 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP417,583$4.4munder 0.1%Added+231,16417 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp343,870$3.6munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP319,800$3.4munder 0.1%Added+172,60017 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC223,756$2.4munder 0.1%Trimmed-81,23717 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP212,879$2.3munder 0.1%Added+24,39617 Feb 2026 (the filing on sec.gov)
Caxton Associates LLP177,218$1.9munder 0.1%Trimmed-65,41413 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC129,341$1.4munder 0.1%Trimmed-35,17913 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP114,720$1.2munder 0.1%Added+47,40017 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC96,880$1.0munder 0.1%Added+93,10913 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP89,585$947kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd76,432$808kunder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Polen Capital Management LLC60,710$642kunder 0.1%Trimmed-27,76612 Feb 2026 (the filing on sec.gov)
MFS Investment Management50,602$535kunder 0.1%Trimmed-1,67322 Jan 2026 (the filing on sec.gov)
Fidelity (FMR LLC)23,688$250kunder 0.1%Trimmed-216,84017 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC18,641$197kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC16,366$173kunder 0.1%Trimmed-42827 Oct 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.
3 in Q3 2024 to 5 in Q2 2026

Tracked managers listing it, at least.

05101520142016201820242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
PBI by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20137$201mn.a.n.a.
Q3 20138$288mn.a.n.a.
Q4 201312$619mn.a.n.a.
Q1 201411$743mn.a.n.a.
Q2 201413$870mn.a.n.a.
Q3 201410$800mn.a.n.a.
Q4 20148$769mn.a.n.a.
Q1 201510$843mn.a.n.a.
Q2 20158$742mn.a.n.a.
Q3 20158$659mn.a.n.a.
Q4 20156$632mn.a.n.a.
Q1 20165$556mn.a.n.a.
Q2 20165$424mn.a.n.a.
Q3 20166$406mn.a.n.a.
Q4 20168$311mn.a.n.a.
Q1 20178$154mn.a.n.a.
Q2 20179$159mn.a.n.a.
Q3 20174$102mn.a.n.a.
Q4 20176$95mn.a.n.a.
Q1 20189$176mn.a.n.a.
Q2 20185$84mn.a.n.a.
Q3 20181$1.3mn.a.n.a.
Q4 20182$1.9mn.a.n.a.
Q2 20191$12mn.a.n.a.
Q3 20191$13mn.a.n.a.
Q4 20191$41kn.a.n.a.
Q3 20201$700kn.a.n.a.
Q4 20202$6.5mn.a.n.a.
Q1 20212$3.9mn.a.n.a.
Q2 20212$1.9mn.a.n.a.
Q3 20212$1.9mn.a.n.a.
Q4 20211$921kn.a.n.a.
Q3 20221$297kn.a.n.a.
Q1 20231$455kn.a.n.a.
Q2 20231$414kn.a.n.a.
Q4 20231$2.3m10
Q1 20241$2.2m01
Q2 20241$2.6m01
Q3 20243$4.7m21
Q4 20244$6.2m31
Q1 20254$10m22
Q2 20252$5.8m11
Q3 20255$14m32
Q4 20254$8.7m1416
Q1 20264$16m1217
Q2 20265$51m1512

Compare with…

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

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

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