L3VLUP
Quarter end
30 Jun 2025
the date the book describes
Filed
18 Aug 2025
latest of these filings; the earliest 8 Aug 2025
Managers listing it
20
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q1 2025 and Q2 2025; 12 listed it in both
Shares listed
51,813,678
combined, among listed positions
Reported value
$1.6bn
combined, at the quarter end

Among the 95 comparable managers: 15 buyers (opened or added shares) and 5 sellers (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 SARO in Q2 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q1 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
T. Rowe Price Associates Inc9,690,365$307munder 0.1%Addedn.a.14 Aug 2025 (the filing on sec.gov)
Wellington Management Group LLP8,752,217$277m0.05%Added+645,40614 Aug 2025 (the filing on sec.gov)
Janus Henderson Group Ltd7,730,363$245m0.12%Trimmed-229,00514 Aug 2025 (the filing on sec.gov)
AllianceBernstein LP4,325,284$137munder 0.1%Trimmed-227,56714 Aug 2025 (the filing on sec.gov)
MFS Investment Management3,804,038$120munder 0.1%Added+52,1468 Aug 2025 (the filing on sec.gov)
Steadfast Capital Management LP3,061,534$97m1.73%Added+633,25014 Aug 2025 (the filing on sec.gov)
Soros Fund Management LLC2,681,784$85m1.07%Trimmed-19,43414 Aug 2025 (the filing on sec.gov)
Balyasny Asset Management LLC2,289,653$72m0.11%Added+461,70014 Aug 2025 (the filing on sec.gov)
Freestone Grove Partners LP2,282,474$72m0.55%Added+1,274,96514 Aug 2025 (the filing on sec.gov)
Capital Research Global Investors1,589,110$50munder 0.1%Held013 Aug 2025 (the filing on sec.gov)
Renaissance Technologies LLC1,384,100$44m0.06%Addedn.a.13 Aug 2025 (the filing on sec.gov)
Voloridge Investment Management LLC1,279,771$41m0.15%Newnew14 Aug 2025 (the filing on sec.gov)
Woodline Partners LP825,695$26m0.14%Added+170,14214 Aug 2025 (the filing on sec.gov)
Eisler Capital Management Ltd500,694$16m0.10%Addedn.a.12 Aug 2025 (the filing on sec.gov)
Bridgewater Associates LP430,528$14m0.05%Newnew13 Aug 2025 (the filing on sec.gov)
Walleye Capital LLC426,959$14m0.05%Added+23,71013 Aug 2025 (the filing on sec.gov)
Hudson Bay Capital Management LP237,351$7.5munder 0.1%Addedn.a.18 Aug 2025 (the filing on sec.gov)
Holocene Advisors LP227,020$7.2munder 0.1%Addedn.a.14 Aug 2025 (the filing on sec.gov)
Quantbot Technologies LP211,787$6.7m0.17%Trimmed-41,35113 Aug 2025 (the filing on sec.gov)
PDT Partners LLC82,951$2.6m0.15%Newnew14 Aug 2025 (the filing on sec.gov)

Largest increases and reductions, by shares

Q1 2025 to Q2 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.
14 in Q4 2024 to 9 in Q2 2026

Tracked managers listing it, at least.

05101520Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
SARO by quarter
QuarterHoldersReported valueBuyersSellers
Q4 202414$795m130
Q1 202514$973m123
Q2 202520$1.6bn155
Q3 202513$1.3bn69
Q4 202512$1.3bn1518
Q1 202617$1.7bn2311
Q2 20269$1.9bn1121

Compare with…

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

SARO and RTX →SARO and BA →SARO and TDG →Choose a stock to compare with SARO →

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