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
31
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 12 listed it in both
Shares listed
11,027,261
combined, among listed positions
Reported value
$973m
combined, at the quarter end

Among the 92 comparable managers: 14 buyers (opened or added shares) and 19 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +287,722.

Managers listing PFG 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.

31 of 31 holders

ActionFiling
Invesco Ltd3,284,734$290munder 0.1%Trimmed-92,06319 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC2,348,233$207m0.11%Added+1,244,66817 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP732,606$65m0.06%Added+305,59213 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP623,684$55munder 0.1%Added+251,25113 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)610,521$54munder 0.1%Added+58917 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC596,575$53munder 0.1%Added+432,36317 Feb 2026 (the filing on sec.gov)
MFS Investment Management520,463$46munder 0.1%Trimmed-40,85122 Jan 2026 (the filing on sec.gov)
Bridgewater Associates LP475,487$42m0.15%Trimmed-16,04613 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc300,121$26munder 0.1%Added+5,19217 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP262,337$23munder 0.1%Trimmed-156,79217 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP236,836$21munder 0.1%Added+2,33217 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC225,123$20munder 0.1%Added+133,05010 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC170,761$15munder 0.1%Added+159,34612 Feb 2026 (the filing on sec.gov)
Man Group PLC144,831$13munder 0.1%Trimmed-492,52717 Feb 2026 (the filing on sec.gov)
Millennium Management LLC128,297$11munder 0.1%Trimmed-138,84017 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP84,176$7.4munder 0.1%Trimmed-4,36117 Feb 2026 (the filing on sec.gov)
Holocene Advisors LP64,036$5.6munder 0.1%Trimmed-32,52417 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP49,700$4.4munder 0.1%Trimmed-269,40017 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP39,146$3.5munder 0.1%Added+35,72817 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC28,235$2.5munder 0.1%Trimmed-115,01917 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd26,947$2.4munder 0.1%Added+39217 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.20,658$1.8munder 0.1%Trimmed-207,96417 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC15,071$1.3munder 0.1%Added+1,60127 Oct 2026 (the filing on sec.gov)
Caxton Associates LLP14,091$1.2munder 0.1%Trimmed-54413 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC5,328$470kunder 0.1%Trimmed-313,22713 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.
12 in Q3 2024 to 4 in Q2 2026

Tracked managers listing it, at least.

0510152014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
PFG by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20136$1.6bnn.a.n.a.
Q3 20135$1.7bnn.a.n.a.
Q4 20137$2.0bnn.a.n.a.
Q1 20149$1.9bnn.a.n.a.
Q2 20149$2.4bnn.a.n.a.
Q3 20148$2.5bnn.a.n.a.
Q4 20148$2.4bnn.a.n.a.
Q1 20159$2.8bnn.a.n.a.
Q2 201510$2.5bnn.a.n.a.
Q3 20157$2.2bnn.a.n.a.
Q4 20159$1.9bnn.a.n.a.
Q1 201613$1.6bnn.a.n.a.
Q2 201611$1.6bnn.a.n.a.
Q3 20166$2.0bnn.a.n.a.
Q4 20169$2.5bnn.a.n.a.
Q1 20176$2.2bnn.a.n.a.
Q2 201710$2.1bnn.a.n.a.
Q3 201711$2.0bnn.a.n.a.
Q4 201710$2.2bnn.a.n.a.
Q1 201815$1.8bnn.a.n.a.
Q2 201814$1.5bnn.a.n.a.
Q3 20189$1.8bnn.a.n.a.
Q4 20186$1.3bnn.a.n.a.
Q1 20198$1.4bnn.a.n.a.
Q2 20198$1.7bnn.a.n.a.
Q3 201913$1.5bnn.a.n.a.
Q4 201910$1.4bnn.a.n.a.
Q1 202010$610mn.a.n.a.
Q2 202010$946mn.a.n.a.
Q3 20206$790mn.a.n.a.
Q4 20205$958mn.a.n.a.
Q1 20217$1.2bnn.a.n.a.
Q2 20217$1.3bnn.a.n.a.
Q3 20214$1.0bnn.a.n.a.
Q4 20213$1.1bnn.a.n.a.
Q1 20227$1.4bnn.a.n.a.
Q2 20225$1.3bnn.a.n.a.
Q3 20223$1.2bnn.a.n.a.
Q4 20228$1.0bnn.a.n.a.
Q1 20236$958mn.a.n.a.
Q2 20237$1.1bnn.a.n.a.
Q3 20237$1.2bnn.a.n.a.
Q4 202310$1.1bn64
Q1 202414$1.3bn133
Q2 202412$1.0bn75
Q3 202412$1.3bn66
Q4 20249$890m72
Q1 202513$892m112
Q2 202513$274m95
Q3 202513$382m76
Q4 20258$441m1419
Q1 20264$800m1022
Q2 20264$1.3bn2011

Compare with…

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

PFG and V →PFG and AXP →PFG and BAC →Choose a stock to compare with PFG →

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