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
28
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 1 listed it in both
Shares listed
19,445,197
combined, among listed positions
Reported value
$276m
combined, at the quarter end

Among the 92 comparable managers: 23 buyers (opened or added shares) and 6 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +13,205,610.

Managers listing SMR 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.

28 of 28 holders

ActionFiling
Susquehanna International Group LLP4,344,023$62munder 0.1%Added+3,120,52317 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC3,457,486$49m0.17%Newnew17 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP2,606,167$37m0.05%Added+2,485,04117 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC2,339,527$33munder 0.1%Added+1,966,47517 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC2,080,093$29munder 0.1%Added+1,426,60512 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC1,110,313$16munder 0.1%Added+934,67013 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP614,906$8.7m0.07%Newnew17 Feb 2026 (the filing on sec.gov)
Millennium Management LLC578,236$8.2munder 0.1%Added+295,22617 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP453,590$6.4munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp250,639$3.6munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC170,513$2.4munder 0.1%Added+162,84617 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC166,186$2.4munder 0.1%Added+79,89713 Feb 2026 (the filing on sec.gov)
Soros Fund Management LLC150,211$2.1munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)136,434$1.9munder 0.1%Trimmed-376,31417 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP135,251$1.9munder 0.1%Trimmed-5,77617 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc134,469$1.9munder 0.1%Added+18,96017 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC86,742$1.2munder 0.1%Added+19,51413 Feb 2026 (the filing on sec.gov)
Invesco Ltd81,197$1.2munder 0.1%Trimmed-6,01819 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP78,041$1.1munder 0.1%Added+61,84910 Feb 2026 (the filing on sec.gov)
Holocene Advisors LP72,154$1.0munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd65,500$928kunder 0.1%Added+14,70017 Feb 2026 (the filing on sec.gov)
Polen Capital Management LLC64,615$916kunder 0.1%Trimmed-18,92812 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC61,294$869kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP59,636$845kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP59,322$841kunder 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.
1 in Q2 2023 to 3 in Q2 2026

Tracked managers listing it, at least.

0246Q2 2023Q4 2024Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
SMR by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20231$991kn.a.n.a.
Q4 20241$448k10
Q2 20256$435m51
Q3 20251$3.0m03
Q4 20255$98m236
Q1 20266$114m1714
Q2 20263$132m1614

Compare with…

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

SMR and GEV →SMR and XOM →SMR and CVX →Choose a stock to compare with SMR →

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