- Quarter end
- 31 Dec 2025
- the date the book describes
- Filed
- 27 Oct 2026
- latest of these filings; the earliest 23 Jan 2026
- Managers listing it
- 29
- at least, of 95 tracked, among listed positions
- Comparable managers
- 92
- filed both Q3 2025 and Q4 2025; 13 listed it in both
- Shares listed
- 10,032,044
- combined, among listed positions
- Reported value
- $3.7bn
- combined, at the quarter end
Among the 92 comparable managers: 16 buyers (opened or added shares) and 22 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -4,544,948.
Managers listing RACE in Q4 2025
29 of 29 holders
Largest increases and reductions, by shares
Increases
- Voloridge Investment Management LLCnew position · 110,219 shares now+110,219
- Capital Research Global Investorsexisting position · 898,442 shares now+104,319
- Susquehanna International Group LLPexisting position · 104,389 shares now+103,571
- Jane Street Group LLCexisting position · 182,963 shares now+90,955
- Millennium Management LLCexisting position · 153,537 shares now+71,474
Reductions
- T. Rowe Price Associates Incexisting position · 607,812 shares now-1,512,504
- Fidelity (FMR LLC)existing position · 242,626 shares now-1,456,275
- Marshall Wace LLPexisting position · 353,027 shares now-301,839
- Invesco Ltdexisting position · 76,691 shares now-221,528
- Wellington Management Group LLPexisting position · 344,078 shares now-192,408
New positions and exits
New (4)
Exited (9)
- Capital World Investorswas $568m
- Rokos Capital Management LLPwas $56m
- Balyasny Asset Management LLCwas $27m
- Woodline Partners LPwas $14m
- Moore Capital Management LPwas $10m
- Two Sigma Investments LPwas $7.4m
- PDT Partners LLCwas $4.1m
- Hudson Bay Capital Management LPwas $1.2m
- ExodusPoint Capital Management LPwas $1.2m
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q1 2016 | 5 | $1.1bn | n.a. | n.a. |
| Q2 2016 | 3 | $1.2bn | n.a. | n.a. |
| Q3 2016 | 3 | $1.7bn | n.a. | n.a. |
| Q4 2016 | 5 | $2.1bn | n.a. | n.a. |
| Q1 2017 | 11 | $2.7bn | n.a. | n.a. |
| Q2 2017 | 11 | $2.6bn | n.a. | n.a. |
| Q3 2017 | 12 | $3.4bn | n.a. | n.a. |
| Q4 2017 | 10 | $2.9bn | n.a. | n.a. |
| Q1 2018 | 10 | $3.2bn | n.a. | n.a. |
| Q2 2018 | 13 | $3.7bn | n.a. | n.a. |
| Q3 2018 | 11 | $3.9bn | n.a. | n.a. |
| Q4 2018 | 10 | $2.7bn | n.a. | n.a. |
| Q1 2019 | 10 | $3.8bn | n.a. | n.a. |
| Q2 2019 | 18 | $4.9bn | n.a. | n.a. |
| Q3 2019 | 15 | $4.8bn | n.a. | n.a. |
| Q4 2019 | 17 | $5.2bn | n.a. | n.a. |
| Q1 2020 | 16 | $4.6bn | n.a. | n.a. |
| Q2 2020 | 12 | $4.4bn | n.a. | n.a. |
| Q3 2020 | 12 | $4.6bn | n.a. | n.a. |
| Q4 2020 | 10 | $5.8bn | n.a. | n.a. |
| Q1 2021 | 9 | $5.7bn | n.a. | n.a. |
| Q2 2021 | 7 | $5.5bn | n.a. | n.a. |
| Q3 2021 | 8 | $5.6bn | n.a. | n.a. |
| Q4 2021 | 12 | $6.6bn | n.a. | n.a. |
| Q1 2022 | 11 | $5.3bn | n.a. | n.a. |
| Q2 2022 | 13 | $4.7bn | n.a. | n.a. |
| Q3 2022 | 14 | $4.6bn | n.a. | n.a. |
| Q4 2022 | 12 | $4.7bn | n.a. | n.a. |
| Q1 2023 | 16 | $5.8bn | n.a. | n.a. |
| Q2 2023 | 18 | $6.4bn | n.a. | n.a. |
| Q3 2023 | 20 | $5.2bn | n.a. | n.a. |
| Q4 2023 | 16 | $5.1bn | 6 | 11 |
| Q1 2024 | 14 | $6.1bn | 7 | 7 |
| Q2 2024 | 15 | $5.6bn | 8 | 8 |
| Q3 2024 | 18 | $6.4bn | 9 | 9 |
| Q4 2024 | 16 | $5.5bn | 7 | 8 |
| Q1 2025 | 22 | $5.5bn | 18 | 4 |
| Q2 2025 | 22 | $7.1bn | 13 | 9 |
| Q3 2025 | 19 | $6.7bn | 9 | 11 |
| Q4 2025 | 14 | $3.4bn | 16 | 22 |
| Q1 2026 | 16 | $3.0bn | 21 | 14 |
| Q2 2026 | 14 | $3.7bn | 12 | 26 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
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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.
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