L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 10 Feb 2026
Managers listing it
33
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 12 listed it in both
Shares listed
21,810,582
combined, among listed positions
Reported value
$2.7bn
combined, at the quarter end

Among the 92 comparable managers: 20 buyers (opened or added shares) and 15 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +333,396.

Managers listing SF 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.

33 of 33 holders

ActionFiling
Fidelity (FMR LLC)5,517,582$691munder 0.1%Trimmed-346,46017 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP3,329,018$417m0.07%Trimmed-122,76917 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC2,893,850$362m0.19%Added+1,408,34717 Feb 2026 (the filing on sec.gov)
Capital Research Global Investors2,208,488$277m0.05%Trimmed-3,50511 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP2,122,767$266m0.08%Added+82,55817 Feb 2026 (the filing on sec.gov)
Invesco Ltd1,428,245$179munder 0.1%Added+64,96319 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP1,284,806$161m0.15%Added+433,34113 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC670,926$84m0.11%Added+388,19017 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc331,729$42munder 0.1%Added+49,95417 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP319,274$40m0.29%Added+206,81517 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.289,386$36munder 0.1%Added+137,33017 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC228,302$29m0.09%Trimmed-445,44713 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC176,547$22munder 0.1%Trimmed-5,07812 Feb 2026 (the filing on sec.gov)
Millennium Management LLC153,520$19munder 0.1%Trimmed-1,284,30117 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP130,145$16m0.18%Added+110,35817 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC105,852$13m0.06%Added+33,34417 Feb 2026 (the filing on sec.gov)
Moore Capital Management LP89,344$11m0.16%Newnew17 Feb 2026 (the filing on sec.gov)
Holocene Advisors LP79,567$10.0munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP62,475$7.8m0.06%Trimmed-28,10117 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp60,575$7.6munder 0.1%Trimmed-32,30517 Feb 2026 (the filing on sec.gov)
Woodline Partners LP51,453$6.4munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP50,992$6.4munder 0.1%Added+13,06413 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd45,600$5.7munder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC42,740$5.4munder 0.1%Trimmed-28,85413 Feb 2026 (the filing on sec.gov)
Man Group PLC41,915$5.2munder 0.1%Trimmed-26,21917 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.
7 in Q3 2024 to 16 in Q2 2026

Tracked managers listing it, at least.

051015202014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
SF by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20132$190mn.a.n.a.
Q3 20132$231mn.a.n.a.
Q4 20132$295mn.a.n.a.
Q1 20142$309mn.a.n.a.
Q2 20144$338mn.a.n.a.
Q3 20144$340mn.a.n.a.
Q4 20143$354mn.a.n.a.
Q1 20153$346mn.a.n.a.
Q2 20153$313mn.a.n.a.
Q3 20155$280mn.a.n.a.
Q4 20156$297mn.a.n.a.
Q1 20162$54mn.a.n.a.
Q2 20161$54mn.a.n.a.
Q3 20162$69mn.a.n.a.
Q4 20163$237mn.a.n.a.
Q1 20172$216mn.a.n.a.
Q2 20174$212mn.a.n.a.
Q3 20174$323mn.a.n.a.
Q4 20175$343mn.a.n.a.
Q1 20183$161mn.a.n.a.
Q2 20182$149mn.a.n.a.
Q3 20183$200mn.a.n.a.
Q4 20182$107mn.a.n.a.
Q1 20191$110mn.a.n.a.
Q2 20194$134mn.a.n.a.
Q3 20193$143mn.a.n.a.
Q4 20192$144mn.a.n.a.
Q1 20204$89mn.a.n.a.
Q2 20204$87mn.a.n.a.
Q3 20204$201mn.a.n.a.
Q4 20204$534mn.a.n.a.
Q1 20214$701mn.a.n.a.
Q2 20217$853mn.a.n.a.
Q3 20216$936mn.a.n.a.
Q4 202111$983mn.a.n.a.
Q1 202212$1.1bnn.a.n.a.
Q2 202212$869mn.a.n.a.
Q3 202211$802mn.a.n.a.
Q4 20229$850mn.a.n.a.
Q1 202310$808mn.a.n.a.
Q2 202311$794mn.a.n.a.
Q3 20237$691mn.a.n.a.
Q4 20235$794m33
Q1 20245$846m23
Q2 20248$1.3bn62
Q3 20247$1.7bn43
Q4 202410$2.0bn72
Q1 202511$1.9bn74
Q2 202512$2.2bn56
Q3 202513$2.1bn85
Q4 202517$2.4bn2015
Q1 202618$2.4bn309
Q2 202616$2.0bn2016

Compare with…

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

SF and V →SF and AXP →SF and BAC →Choose a stock to compare with SF →

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