L3VLUP
Quarter end
31 Mar 2025
the date the book describes
Filed
27 Aug 2025
latest of these filings; the earliest 2 May 2025
Managers listing it
6
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q4 2024 and Q1 2025; 3 listed it in both
Shares listed
4,727,282
combined, among listed positions
Reported value
$378m
combined, at the quarter end

Among the 95 comparable managers: 5 buyers (opened or added shares) and 1 seller (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.

Managers listing QTWO in Q1 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q4 2024, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

6 of 6 holders

ActionFiling
MFS Investment Management1,724,135$138munder 0.1%Added+378,3942 May 2025 (the filing on sec.gov)
Capital Research Global Investors1,686,968$135munder 0.1%Added+168,59212 May 2025 (the filing on sec.gov)
Arrowstreet Capital LP617,010$49munder 0.1%Trimmed-128,39414 May 2025 (the filing on sec.gov)
Squarepoint Ops LLC565,570$45m0.05%Addedn.a.27 Aug 2025 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC76,589$6.1munder 0.1%Newnew15 May 2025 (the filing on sec.gov)
PDT Partners LLC57,010$4.6m0.32%Addedn.a.15 May 2025 (the filing on sec.gov)

Largest increases and reductions, by shares

Q4 2024 to Q1 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.

Exited (0)

No exit shown by a manager’s own filing.

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 2 in Q2 2026

Tracked managers listing it, at least.

03581020162017201820192020202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
QTWO by quarter
QuarterHoldersReported valueBuyersSellers
Q3 20152$30mn.a.n.a.
Q4 20151$35mn.a.n.a.
Q1 20161$37mn.a.n.a.
Q2 20161$49mn.a.n.a.
Q3 20161$50mn.a.n.a.
Q4 20161$49mn.a.n.a.
Q1 20172$78mn.a.n.a.
Q2 20172$58mn.a.n.a.
Q3 20172$72mn.a.n.a.
Q4 20172$66mn.a.n.a.
Q1 20182$77mn.a.n.a.
Q2 20181$112mn.a.n.a.
Q3 20181$125mn.a.n.a.
Q4 20182$92mn.a.n.a.
Q1 20194$146mn.a.n.a.
Q2 20196$393mn.a.n.a.
Q3 20195$567mn.a.n.a.
Q4 20196$636mn.a.n.a.
Q1 20207$449mn.a.n.a.
Q2 202010$1.1bnn.a.n.a.
Q3 20208$1.1bnn.a.n.a.
Q4 20209$1.6bnn.a.n.a.
Q1 20218$934mn.a.n.a.
Q2 20215$972mn.a.n.a.
Q3 20215$587mn.a.n.a.
Q4 20215$543mn.a.n.a.
Q1 20225$400mn.a.n.a.
Q2 20224$153mn.a.n.a.
Q3 20225$128mn.a.n.a.
Q4 20224$58mn.a.n.a.
Q1 20233$46mn.a.n.a.
Q2 20232$33mn.a.n.a.
Q3 20232$49mn.a.n.a.
Q4 20234$92m22
Q1 20241$54m01
Q2 20241$49m01
Q3 20243$170m21
Q4 20245$364m40
Q1 20256$378m51
Q2 20255$431m13
Q3 20254$309m21
Q4 20254$332m1514
Q1 20263$102m257
Q2 20262$75m1418

Compare with…

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

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

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