L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 4 Feb 2026
Managers listing it
20
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 2 listed it in both
Shares listed
22,931,069
combined, among listed positions
Reported value
$62m
combined, at the quarter end

1 line marked †. Value as filed implies a price far from other filers'. Each counts in holders and value as filed, and is left out of the net change in shares.

Among the 92 comparable managers: 12 buyers (opened or added shares) and 12 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +1,391,393.

Managers listing RBBN 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.

20 of 20 holders

ActionFiling
Neuberger Berman Group LLC† Value as filed implies a price far from other filers'.17,431,102$46munder 0.1%Trimmed-822,94327 Oct 2026 (the filing on sec.gov)
Arrowstreet Capital LP1,029,716$3.0munder 0.1%Added+65,27013 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.979,841$2.8munder 0.1%Added+390,94917 Feb 2026 (the filing on sec.gov)
First Eagle Investment Management LLC862,528$2.5munder 0.1%Trimmed-171,3864 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC761,165$2.2munder 0.1%Added+726,57310 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC491,471$1.4munder 0.1%Added+322,36417 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC379,465$1.1munder 0.1%Added+178,64512 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP198,191$571kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP173,702$500kunder 0.1%Trimmed-172,39313 Feb 2026 (the filing on sec.gov)
Invesco Ltd168,915$486kunder 0.1%Trimmed-3,95119 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP119,250$343kunder 0.1%Trimmed-6717 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc69,822$202kunder 0.1%Added+9,10317 Feb 2026 (the filing on sec.gov)
Millennium Management LLC54,306$156kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC53,903$155kunder 0.1%Trimmed-1,65117 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC40,496$117kunder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd35,625$103kunder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Winton Group Ltd33,095$95kunder 0.1%Newnew11 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP18,219$52kunder 0.1%Added+2,72017 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP16,984$49kunder 0.1%Trimmed-14,01617 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)13,273$38kunder 0.1%Added+8,38317 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.
1 in Q1 2024 to 2 in Q4 2025

Tracked managers listing it, at least.

0123Q4 2017Q1 2022Q1 2023Q3 2023Q1 2024Q3 2024Q1 2025Q3 2025Q4 2025
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
RBBN by quarter
QuarterHoldersReported valueBuyersSellers
Q4 20171$11mn.a.n.a.
Q1 20181$5.3mn.a.n.a.
Q1 20221$37kn.a.n.a.
Q4 20221$38mn.a.n.a.
Q1 20231$47mn.a.n.a.
Q2 20231$64mn.a.n.a.
Q3 20232$66mn.a.n.a.
Q4 20232$70m01
Q1 20241$62m11
Q2 20241$76m01
Q3 20242$57m20
Q4 20242$76m11
Q1 20252$71m11
Q2 20253$74m30
Q3 20253$69m12
Q4 20252$49m1212

Compare with…

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

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

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