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
24
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 7 listed it in both
Shares listed
9,733,731
combined, among listed positions
Reported value
$602m
combined, at the quarter end

Among the 92 comparable managers: 14 buyers (opened or added shares) and 15 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +1,747,816.

Managers listing PSN 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.

24 of 24 holders

ActionFiling
Artisan Partners LP2,477,159$153m0.23%Added+145,23817 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)2,320,156$143munder 0.1%Added+1,049,43917 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP687,615$42munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Invesco Ltd610,632$38munder 0.1%Trimmed-61,89819 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd520,372$32munder 0.1%Trimmed-16,56617 Feb 2026 (the filing on sec.gov)
Millennium Management LLC513,630$32munder 0.1%Added+465,78517 Feb 2026 (the filing on sec.gov)
Discovery Capital Management LLC499,100$31m1.67%Added+60,90017 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC391,500$24munder 0.1%Trimmed-627,87317 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC346,450$21munder 0.1%Trimmed-148,60917 Feb 2026 (the filing on sec.gov)
Moore Capital Management LP339,511$21m0.30%Newnew17 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP255,198$16munder 0.1%Trimmed-44,48617 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc140,311$8.7munder 0.1%Added+7,62917 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC134,063$8.3munder 0.1%Added+105,32927 Oct 2026 (the filing on sec.gov)
Jane Street Group LLC95,130$5.9munder 0.1%Newnew12 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC75,223$4.6munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP70,076$4.3munder 0.1%Trimmed-142,73117 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC67,752$4.2munder 0.1%Trimmed-80,94913 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP58,535$3.6munder 0.1%Trimmed-26517 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.40,615$2.5munder 0.1%Trimmed-16,10717 Feb 2026 (the filing on sec.gov)
PDT Partners LLC28,590$1.8m0.11%Held017 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP26,538$1.6munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP21,468$1.3munder 0.1%Newnew10 Feb 2026 (the filing on sec.gov)
Man Group PLC11,098$686kunder 0.1%Added+3,13217 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC3,009$186kunder 0.1%Added+2,93713 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.
9 in Q3 2024 to 7 in Q2 2026

Tracked managers listing it, at least.

035810202020212022202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
PSN by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20194$105mn.a.n.a.
Q3 20192$24mn.a.n.a.
Q1 20201$1.4mn.a.n.a.
Q3 20203$18mn.a.n.a.
Q4 20203$11mn.a.n.a.
Q1 20211$3.4mn.a.n.a.
Q2 20211$2.6mn.a.n.a.
Q1 20221$2.2mn.a.n.a.
Q2 20221$2.4mn.a.n.a.
Q3 20221$941kn.a.n.a.
Q4 20221$13mn.a.n.a.
Q3 20233$40mn.a.n.a.
Q4 20234$64m40
Q1 20246$185m42
Q2 20249$180m54
Q3 20249$219m45
Q4 20249$355m80
Q1 20259$285m73
Q2 20257$362m62
Q3 20259$409m45
Q4 20254$207m1415
Q1 20267$236m1217
Q2 20267$298m1715

Compare with…

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

PSN and GOOGL →PSN and AMZN →PSN and MSFT →Choose a stock to compare with PSN →

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