L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
17 Feb 2026
latest of these filings; the earliest 4 Feb 2026
Managers listing it
17
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 3 listed it in both
Shares listed
5,688,448
combined, among listed positions
Reported value
$43m
combined, at the quarter end

Among the 92 comparable managers: 8 buyers (opened or added shares) and 8 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +178,089.

Managers listing SMWB 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.

17 of 17 holders

ActionFiling
Wellington Management Group LLP3,001,433$22munder 0.1%Added+543,62817 Feb 2026 (the filing on sec.gov)
First Eagle Investment Management LLC645,647$4.8munder 0.1%Added+100,6464 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC361,473$2.7munder 0.1%Trimmed-2,50012 Feb 2026 (the filing on sec.gov)
Millennium Management LLC357,807$2.7munder 0.1%Trimmed-153,11417 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP292,483$2.2munder 0.1%Added+59,26913 Feb 2026 (the filing on sec.gov)
ARK Investment Management LLC236,425$1.8munder 0.1%Added+6,37211 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC200,114$1.5munder 0.1%Trimmed-60,75517 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC186,208$1.4munder 0.1%Added+34,08612 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC158,411$1.2munder 0.1%Trimmed-19,13710 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP89,149$668kunder 0.1%Added+39217 Feb 2026 (the filing on sec.gov)
PDT Partners LLC40,794$306kunder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC35,844$268kunder 0.1%Trimmed-31,72913 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP29,931$224kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.28,376$213kunder 0.1%Trimmed-6,22617 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP13,000$97kunder 0.1%Trimmed-11,80017 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP11,347$85kunder 0.1%Newnew10 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)6$00.00%Held017 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.
2 in Q3 2024 to 1 in Q2 2026

Tracked managers listing it, at least.

0246820222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
SMWB by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20217$24mn.a.n.a.
Q3 20214$21mn.a.n.a.
Q4 20212$6.0mn.a.n.a.
Q1 20221$2.1mn.a.n.a.
Q2 20221$1.5mn.a.n.a.
Q3 20221$1.4mn.a.n.a.
Q4 20221$2.2mn.a.n.a.
Q1 20231$2.7mn.a.n.a.
Q2 20231$2.3mn.a.n.a.
Q3 20231$2.0mn.a.n.a.
Q4 20231$1.8m10
Q1 20241$3.5m10
Q2 20241$2.2m01
Q3 20242$10m11
Q4 20244$39m31
Q1 20253$11m12
Q2 20253$4.0m30
Q3 20253$7.6m12
Q4 20253$6.9m88
Q1 20261$919k126
Q2 20261$5.1m77

Compare with…

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

SMWB and GOOGL →SMWB and META →SMWB and SPCX →Choose a stock to compare with SMWB →

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