L3VLUP
Quarter end
30 Sep 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 12 Nov 2025
Managers listing it
30
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q2 2025 and Q3 2025; 26 listed it in both
Shares listed
388,273,109
combined, among listed positions
Reported value
$11.0bn
combined, at the quarter end

Among the 95 comparable managers: 15 buyers (opened or added shares) and 16 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.

Managers listing T in Q3 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q2 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

30 of 30 holders

ActionFiling
Capital Research Global Investors65,607,835$1.9bn0.35%Added+370,45513 Nov 2025 (the filing on sec.gov)
Invesco Ltd57,823,362$1.6bn0.26%Added+4,584,31613 Nov 2025 (the filing on sec.gov)
Capital World Investors45,122,762$1.3bn0.17%Trimmed-86,07213 Nov 2025 (the filing on sec.gov)
Fidelity (FMR LLC)42,178,583$1.2bn0.06%Trimmed-2,861,61013 Nov 2025 (the filing on sec.gov)
T. Rowe Price Associates Inc27,117,904$766m0.08%Trimmed-1,542,09714 Nov 2025 (the filing on sec.gov)
Citadel Advisors LLC18,184,180$514m0.08%Trimmed-3,778,24714 Nov 2025 (the filing on sec.gov)
AllianceBernstein LP17,138,617$484m0.15%Trimmed-222,51314 Nov 2025 (the filing on sec.gov)
Arrowstreet Capital LP16,858,396$476m0.30%Added+1,760,18713 Nov 2025 (the filing on sec.gov)
AQR Capital Management LLC16,133,576$456m0.29%Added+804,82914 Nov 2025 (the filing on sec.gov)
Wellington Management Group LLP13,289,682$375m0.07%Added+676,06014 Nov 2025 (the filing on sec.gov)
Acadian Asset Management LLC11,699,402$330m0.58%Trimmed-2,793,95513 Nov 2025 (the filing on sec.gov)
D. E. Shaw & Co.9,235,143$261m0.15%Added+3,798,40014 Nov 2025 (the filing on sec.gov)
Woodline Partners LP8,027,708$227m1.07%Added+7,249,37314 Nov 2025 (the filing on sec.gov)
Point72 Asset Management LP7,530,172$213m0.36%Trimmed-918,23614 Nov 2025 (the filing on sec.gov)
Holocene Advisors LP7,206,768$204m0.46%Added+213,60114 Nov 2025 (the filing on sec.gov)
Millennium Management LLC5,748,412$162m0.07%Trimmed-747,44014 Nov 2025 (the filing on sec.gov)
Neuberger Berman Group LLC4,278,230$121m0.09%Trimmed-1,263,26327 Oct 2026 (the filing on sec.gov)
Freestone Grove Partners LP3,700,038$104m0.78%Added+107,97914 Nov 2025 (the filing on sec.gov)
Davidson Kempner Capital Management LP2,694,934$76m0.97%Added+944,93414 Nov 2025 (the filing on sec.gov)
Renaissance Technologies LLC2,619,651$74m0.10%Trimmed-6,049,66613 Nov 2025 (the filing on sec.gov)
Walleye Capital LLC1,298,481$37m0.14%Trimmed-1,346,90914 Nov 2025 (the filing on sec.gov)
Man Group PLC1,160,343$33m0.06%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Hudson Bay Capital Management LP804,960$23m0.08%Added+294,18215 Dec 2025 (the filing on sec.gov)
GAMCO Investors Inc734,947$21m0.20%Trimmed-21,64312 Nov 2025 (the filing on sec.gov)
Tudor Investment Corp666,830$19munder 0.1%Newnew9 Dec 2025 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q2 2025 to Q3 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.
25 in Q3 2024 to 25 in Q2 2026

Tracked managers listing it, at least.

0102030402014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
T by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201321$11.0bnn.a.n.a.
Q3 201321$10.1bnn.a.n.a.
Q4 201323$9.1bnn.a.n.a.
Q1 201423$8.0bnn.a.n.a.
Q2 201420$7.2bnn.a.n.a.
Q3 201423$7.0bnn.a.n.a.
Q4 201415$6.2bnn.a.n.a.
Q1 201520$7.3bnn.a.n.a.
Q2 201524$8.7bnn.a.n.a.
Q3 201526$12.1bnn.a.n.a.
Q4 201524$11.6bnn.a.n.a.
Q1 201624$11.5bnn.a.n.a.
Q2 201626$12.5bnn.a.n.a.
Q3 201621$11.2bnn.a.n.a.
Q4 201623$10.9bnn.a.n.a.
Q1 201719$10.4bnn.a.n.a.
Q2 201722$8.9bnn.a.n.a.
Q3 201718$8.6bnn.a.n.a.
Q4 201718$7.6bnn.a.n.a.
Q1 201823$7.6bnn.a.n.a.
Q2 201836$10.0bnn.a.n.a.
Q3 201834$10.4bnn.a.n.a.
Q4 201828$7.5bnn.a.n.a.
Q1 201921$6.9bnn.a.n.a.
Q2 201918$6.6bnn.a.n.a.
Q3 201919$7.1bnn.a.n.a.
Q4 201920$6.8bnn.a.n.a.
Q1 202027$5.3bnn.a.n.a.
Q2 202027$4.7bnn.a.n.a.
Q3 202022$4.5bnn.a.n.a.
Q4 202021$4.1bnn.a.n.a.
Q1 202126$5.7bnn.a.n.a.
Q2 202129$7.0bnn.a.n.a.
Q3 202130$7.5bnn.a.n.a.
Q4 202130$9.0bnn.a.n.a.
Q1 202233$7.3bnn.a.n.a.
Q2 202225$5.2bnn.a.n.a.
Q3 202230$3.3bnn.a.n.a.
Q4 202221$3.4bnn.a.n.a.
Q1 202324$4.9bnn.a.n.a.
Q2 202328$3.2bnn.a.n.a.
Q3 202324$4.2bnn.a.n.a.
Q4 202331$6.0bn1811
Q1 202427$5.2bn1117
Q2 202433$6.8bn2310
Q3 202425$7.9bn1415
Q4 202430$8.5bn1713
Q1 202534$11.0bn2212
Q2 202531$11.8bn2114
Q3 202530$11.0bn1516
Q4 202528$10.2bn2021
Q1 202625$11.7bn932
Q2 202625$6.7bn2022

Compare with…

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

T and NFLX →T and TMUS →T and CMCSA →Choose a stock to compare with T →

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