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
30
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 17 listed it in both
Shares listed
48,458,457
combined, among listed positions
Reported value
$13.5bn
combined, at the quarter end

Among the 92 comparable managers: 17 buyers (opened or added shares) and 15 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -923,160.

Managers listing RCL 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.

30 of 30 holders

ActionFiling
Capital Research Global Investors20,176,544$5.6bn1.04%Added+920,04211 Feb 2026 (the filing on sec.gov)
Capital World Investors16,561,587$4.6bn0.63%Trimmed-425,97811 Feb 2026 (the filing on sec.gov)
Invesco Ltd2,712,858$757m0.07%Trimmed-439,03719 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd2,416,425$674m0.30%Added+465,40117 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc1,640,646$458munder 0.1%Added+15,28517 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)1,227,645$342munder 0.1%Trimmed-1,509,39017 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP985,987$275munder 0.1%Added+260,57817 Feb 2026 (the filing on sec.gov)
MFS Investment Management594,080$166m0.05%Trimmed-131,48122 Jan 2026 (the filing on sec.gov)
Arrowstreet Capital LP372,698$104m0.06%Added+157,45513 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.348,337$97m0.05%Trimmed-43817 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC296,906$83m0.06%Trimmed-8,60327 Oct 2026 (the filing on sec.gov)
AllianceBernstein LP266,510$74munder 0.1%Trimmed-22,83917 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC166,411$46munder 0.1%Added+109,53717 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC130,935$37munder 0.1%Trimmed-117,28913 Feb 2026 (the filing on sec.gov)
Millennium Management LLC111,817$31munder 0.1%Added+87,96717 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC88,124$25munder 0.1%Added+9,38617 Feb 2026 (the filing on sec.gov)
Man Group PLC84,659$24munder 0.1%Trimmed-35,78117 Feb 2026 (the filing on sec.gov)
Woodline Partners LP43,354$12munder 0.1%Added+9,96817 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC43,138$12munder 0.1%Added+13,19113 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP36,795$10munder 0.1%Added+30,55213 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP33,332$9.3munder 0.1%Trimmed-30,00517 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP26,499$7.4m0.06%Newnew17 Feb 2026 (the filing on sec.gov)
Winton Group Ltd24,710$6.9m0.24%Added+4,53711 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC18,845$5.3munder 0.1%Added+5,19412 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp17,449$4.9munder 0.1%Newnew17 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.
15 in Q3 2024 to 13 in Q2 2026

Tracked managers listing it, at least.

01020302014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
RCL by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201311$440mn.a.n.a.
Q3 20139$472mn.a.n.a.
Q4 20136$784mn.a.n.a.
Q1 20146$1.0bnn.a.n.a.
Q2 20149$1.2bnn.a.n.a.
Q3 201413$1.7bnn.a.n.a.
Q4 201413$2.1bnn.a.n.a.
Q1 201512$2.0bnn.a.n.a.
Q2 201511$2.1bnn.a.n.a.
Q3 201513$3.4bnn.a.n.a.
Q4 201515$3.9bnn.a.n.a.
Q1 201613$2.9bnn.a.n.a.
Q2 201611$2.3bnn.a.n.a.
Q3 20169$2.1bnn.a.n.a.
Q4 201617$2.7bnn.a.n.a.
Q1 201720$3.2bnn.a.n.a.
Q2 201720$3.6bnn.a.n.a.
Q3 201719$3.5bnn.a.n.a.
Q4 201720$3.8bnn.a.n.a.
Q1 201819$3.4bnn.a.n.a.
Q2 201820$3.1bnn.a.n.a.
Q3 201821$3.9bnn.a.n.a.
Q4 201824$2.5bnn.a.n.a.
Q1 201922$3.3bnn.a.n.a.
Q2 201921$3.2bnn.a.n.a.
Q3 201920$2.6bnn.a.n.a.
Q4 201914$2.7bnn.a.n.a.
Q1 20208$675mn.a.n.a.
Q2 202010$1.1bnn.a.n.a.
Q3 20205$1.5bnn.a.n.a.
Q4 202011$2.4bnn.a.n.a.
Q1 20218$2.3bnn.a.n.a.
Q2 20215$2.0bnn.a.n.a.
Q3 20217$2.4bnn.a.n.a.
Q4 20215$2.1bnn.a.n.a.
Q1 202210$2.4bnn.a.n.a.
Q2 20227$907mn.a.n.a.
Q3 20228$985mn.a.n.a.
Q4 202210$1.8bnn.a.n.a.
Q1 202313$2.4bnn.a.n.a.
Q2 202319$4.9bnn.a.n.a.
Q3 202320$4.5bnn.a.n.a.
Q4 202321$6.6bn148
Q1 202418$7.1bn910
Q2 202417$8.7bn118
Q3 202415$10.0bn87
Q4 202419$12.9bn98
Q1 202518$10.7bn126
Q2 202517$17.2bn810
Q3 202519$15.9bn136
Q4 202515$12.9bn1715
Q1 202616$16.0bn1815
Q2 202613$19.1bn1122

Compare with…

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

RCL and KLAC →RCL and GE →RCL and LRCX →Choose a stock to compare with RCL →

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