L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 5 Feb 2026
Managers listing it
39
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 29 listed it in both
Shares listed
420,730,503
combined, among listed positions
Reported value
$10.5bn
combined, at the quarter end

Among the 92 comparable managers: 20 buyers (opened or added shares) and 21 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +24,390,281.

Managers listing T 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.

39 of 39 holders

ActionFiling
Capital Research Global Investors62,108,173$1.5bn0.28%Trimmed-3,499,66211 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)57,091,566$1.4bn0.07%Added+14,912,98317 Feb 2026 (the filing on sec.gov)
Invesco Ltd55,520,468$1.4bn0.13%Trimmed-2,302,89419 Feb 2026 (the filing on sec.gov)
Capital World Investors45,176,739$1.1bn0.15%Added+53,97711 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.29,984,784$745m0.41%Added+20,749,64117 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP25,155,597$625m0.37%Added+8,297,20113 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC18,578,846$461m0.24%Added+2,445,27017 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP15,796,930$392m0.12%Trimmed-1,341,68717 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc15,156,229$376munder 0.1%Trimmed-11,961,67517 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP13,040,886$324m0.36%Added+5,510,71417 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC8,386,620$208munder 0.1%Added+4,084,62612 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP7,334,980$182m0.26%Newnew17 Feb 2026 (the filing on sec.gov)
Man Group PLC7,255,743$180m0.31%Added+6,095,40017 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC7,222,522$179m0.29%Trimmed-4,476,88010 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP6,634,200$165m0.32%Added+6,543,70017 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC6,503,566$162m0.57%Newnew17 Feb 2026 (the filing on sec.gov)
Millennium Management LLC4,838,913$120m0.05%Trimmed-909,49917 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC4,487,446$111m0.17%Added+1,867,79512 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP4,430,510$110munder 0.1%Trimmed-8,859,17217 Feb 2026 (the filing on sec.gov)
Holocene Advisors LP4,375,872$109m0.23%Trimmed-2,830,89617 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC4,369,311$109m0.08%Added+91,08127 Oct 2026 (the filing on sec.gov)
Citadel Advisors LLC3,157,675$78munder 0.1%Trimmed-15,026,50517 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP2,625,155$65m0.06%Newnew13 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp2,061,162$51m0.09%Added+1,394,33217 Feb 2026 (the filing on sec.gov)
Davidson Kempner Capital Management LP1,794,934$45m0.52%Trimmed-900,00017 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.
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 →