L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 23 Jan 2026
Managers listing it
26
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 7 listed it in both
Shares listed
11,859,234
combined, among listed positions
Reported value
$1.1bn
combined, at the quarter end

Among the 92 comparable managers: 21 buyers (opened or added shares) and 5 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +2,703,517.

Managers listing STN 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.

26 of 26 holders

ActionFiling
AllianceBernstein LP3,484,798$329m0.10%Added+9,09917 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)1,903,133$180munder 0.1%Added+126,16917 Feb 2026 (the filing on sec.gov)
Man Group PLC1,579,537$149m0.25%Added+803,32217 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd906,472$86munder 0.1%Added+20,27417 Feb 2026 (the filing on sec.gov)
Invesco Ltd709,302$67munder 0.1%Added+56,99519 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC670,064$63munder 0.1%Added+655,54317 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP570,193$54m0.08%Added+268,02517 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.283,700$27munder 0.1%Added+118,30017 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP268,388$25munder 0.1%Trimmed-27,35613 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP247,267$23munder 0.1%Added+135,80017 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC220,970$21munder 0.1%Trimmed-3,93027 Oct 2026 (the filing on sec.gov)
Millennium Management LLC207,075$20munder 0.1%Added+128,67417 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC177,620$17munder 0.1%Added+113,86410 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP147,593$14munder 0.1%Added+15,61417 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC144,921$14munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC125,800$12munder 0.1%Trimmed-8,30012 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP82,777$7.8munder 0.1%Added+77,46317 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC31,047$2.9munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP24,522$2.3munder 0.1%Added+6,23013 Feb 2026 (the filing on sec.gov)
PDT Partners LLC21,838$2.1m0.13%Held017 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC20,136$1.9munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC13,385$1.3munder 0.1%Added+7,32812 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP7,500$708kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP6,897$651kunder 0.1%Newnew10 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC3,886$367kunder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
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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.
4 in Q3 2024 to 6 in Q2 2026

Tracked managers listing it, at least.

0358102014201520162017202020212022202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
STN by quarter
QuarterHoldersReported valueBuyersSellers
Q3 20131$273mn.a.n.a.
Q4 20131$375mn.a.n.a.
Q1 20141$355mn.a.n.a.
Q2 20141$370mn.a.n.a.
Q3 20141$380mn.a.n.a.
Q4 20141$27mn.a.n.a.
Q1 20151$53mn.a.n.a.
Q2 20151$65mn.a.n.a.
Q3 20151$47mn.a.n.a.
Q4 20151$53mn.a.n.a.
Q1 20161$37mn.a.n.a.
Q2 20161$27mn.a.n.a.
Q4 20161$20mn.a.n.a.
Q1 20171$25mn.a.n.a.
Q2 20171$28mn.a.n.a.
Q3 20171$27mn.a.n.a.
Q4 20171$27mn.a.n.a.
Q3 20181$14mn.a.n.a.
Q4 20193$64mn.a.n.a.
Q1 20203$72mn.a.n.a.
Q2 20201$48mn.a.n.a.
Q3 20202$68mn.a.n.a.
Q4 20202$13mn.a.n.a.
Q1 20211$1.5mn.a.n.a.
Q3 20212$43mn.a.n.a.
Q4 20212$64mn.a.n.a.
Q1 20222$47mn.a.n.a.
Q2 20221$16mn.a.n.a.
Q3 20221$14mn.a.n.a.
Q4 20232$32m20
Q1 20242$38m20
Q2 20244$164m40
Q3 20244$187m31
Q4 20246$253m60
Q1 20259$335m81
Q2 20257$574m32
Q3 20257$601m51
Q4 20258$660m215
Q1 20268$635m1312
Q2 20266$504m1512

Compare with…

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

STN and V →STN and MA →STN and MCO →Choose a stock to compare with STN →

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