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
34
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 8 listed it in both
Shares listed
13,637,584
combined, among listed positions
Reported value
$3.5bn
combined, at the quarter end

Among the 92 comparable managers: 24 buyers (opened or added shares) and 10 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +2,692,528.

Managers listing STE 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.

34 of 34 holders

ActionFiling
MFS Investment Management4,218,307$1.1bn0.34%Trimmed-627,81722 Jan 2026 (the filing on sec.gov)
Wellington Management Group LLP1,644,079$417m0.07%Added+1,475,44417 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC1,623,234$412m0.22%Added+440,16417 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd1,482,635$376m0.17%Added+13,17517 Feb 2026 (the filing on sec.gov)
Invesco Ltd1,410,612$358munder 0.1%Added+130,47019 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP1,338,465$339m0.11%Added+920,10617 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP430,639$109m0.06%Added+134,99013 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc345,517$88munder 0.1%Added+88,41617 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC316,268$80munder 0.1%Added+109,96817 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP117,526$30munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)86,500$22munder 0.1%Trimmed-3,72017 Feb 2026 (the filing on sec.gov)
GAMCO Investors Inc84,889$22m0.21%Held05 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP84,707$21munder 0.1%Added+56,86817 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP73,030$19m0.15%Newnew17 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC65,426$17munder 0.1%Added+4,93627 Oct 2026 (the filing on sec.gov)
Millennium Management LLC42,994$11munder 0.1%Added+20,72517 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.40,291$10munder 0.1%Added+2,85717 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP39,488$10munder 0.1%Added+27,99617 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP35,800$9.1munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Man Group PLC28,969$7.3munder 0.1%Trimmed-38,25217 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC26,435$6.7munder 0.1%Added+7,11210 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp22,559$5.7munder 0.1%Added+20,75217 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC18,408$4.7munder 0.1%Trimmed-61,40012 Feb 2026 (the filing on sec.gov)
Woodline Partners LP16,752$4.2munder 0.1%Added+3,73517 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP14,247$3.6munder 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.
7 in Q3 2024 to 17 in Q2 2026

Tracked managers listing it, at least.

0510152020192020202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
STE by quarter
QuarterHoldersReported valueBuyersSellers
Q1 201910$1.8bnn.a.n.a.
Q2 20199$2.1bnn.a.n.a.
Q3 201914$1.7bnn.a.n.a.
Q4 201917$2.0bnn.a.n.a.
Q1 202016$1.5bnn.a.n.a.
Q2 202012$1.5bnn.a.n.a.
Q3 20209$1.8bnn.a.n.a.
Q4 202011$1.8bnn.a.n.a.
Q1 20219$1.8bnn.a.n.a.
Q2 202113$1.9bnn.a.n.a.
Q3 202111$2.0bnn.a.n.a.
Q4 20219$2.9bnn.a.n.a.
Q1 202210$3.3bnn.a.n.a.
Q2 202210$2.7bnn.a.n.a.
Q3 202211$2.0bnn.a.n.a.
Q4 20229$2.2bnn.a.n.a.
Q1 202310$2.5bnn.a.n.a.
Q2 202310$2.8bnn.a.n.a.
Q3 202312$2.6bnn.a.n.a.
Q4 20238$2.5bn45
Q1 20248$2.6bn16
Q2 20247$2.2bn34
Q3 20247$2.4bn25
Q4 20247$1.4bn25
Q1 20257$1.7bn52
Q2 202512$2.2bn74
Q3 20259$2.4bn63
Q4 202512$3.2bn2410
Q1 202613$3.4bn1817
Q2 202617$3.6bn2212

Compare with…

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

STE and LLY →STE and JNJ →STE and VRTX →Choose a stock to compare with STE →

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