L3VLUP
Quarter end
31 Mar 2025
the date the book describes
Filed
5 Nov 2026
latest of these filings; the earliest 12 May 2025
Managers listing it
34
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q4 2024 and Q1 2025; 24 listed it in both
Shares listed
390,249,914
combined, among listed positions
Reported value
$11.0bn
combined, at the quarter end

Among the 95 comparable managers: 22 buyers (opened or added shares) and 12 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 Q1 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q4 2024, 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
Fidelity (FMR LLC)73,499,826$2.1bn0.13%Added+28,127,7835 Nov 2026 (the filing on sec.gov)
Capital World Investors58,196,703$1.6bn0.27%Added+771,31612 May 2025 (the filing on sec.gov)
Invesco Ltd48,740,463$1.4bn0.26%Added+1,088,56512 May 2025 (the filing on sec.gov)
T. Rowe Price Associates Inc34,435,357$974m0.12%Added+8,355,68614 May 2025 (the filing on sec.gov)
Arrowstreet Capital LP33,337,675$943m0.77%Trimmed-25,143,94614 May 2025 (the filing on sec.gov)
Capital Research Global Investors23,278,469$658m0.14%Added+20,913,75412 May 2025 (the filing on sec.gov)
AllianceBernstein LP18,803,409$532m0.19%Added+170,80215 May 2025 (the filing on sec.gov)
AQR Capital Management LLC18,694,708$529m0.54%Added+802,02815 May 2025 (the filing on sec.gov)
Citadel Advisors LLC15,119,276$428m0.08%Trimmed-10,757,87215 May 2025 (the filing on sec.gov)
Wellington Management Group LLP11,363,940$321m0.06%Addedn.a.13 May 2025 (the filing on sec.gov)
Acadian Asset Management LLC9,082,761$257m0.73%Added+7,473,80421 May 2025 (the filing on sec.gov)
Holocene Advisors LP8,094,229$229m0.67%Newnew15 May 2025 (the filing on sec.gov)
D. E. Shaw & Co.6,032,192$171m0.15%Trimmed-193,46215 May 2025 (the filing on sec.gov)
Neuberger Berman Group LLC4,960,923$140m0.12%Trimmed-590,69027 Oct 2026 (the filing on sec.gov)
Millennium Management LLC4,574,876$129m0.07%Trimmed-1,662,60415 May 2025 (the filing on sec.gov)
Jane Street Group LLC3,748,202$106munder 0.1%Trimmed-964,80519 May 2025 (the filing on sec.gov)
Third Point LLC3,775,000$106m1.61%Newnew15 May 2025 (the filing on sec.gov)
Bridgewater Associates LP2,780,614$79m0.36%Trimmed-3,697,49414 May 2025 (the filing on sec.gov)
Renaissance Technologies LLC2,561,886$72m0.11%Newnew14 May 2025 (the filing on sec.gov)
Balyasny Asset Management LLC2,273,219$64m0.11%Trimmed-4,256,81915 May 2025 (the filing on sec.gov)
Davidson Kempner Capital Management LP2,000,000$57m0.78%Held015 May 2025 (the filing on sec.gov)
Janus Henderson Group Ltd963,029$27munder 0.1%Addedn.a.15 May 2025 (the filing on sec.gov)
GAMCO Investors Inc769,211$22m0.24%Added+4,70214 May 2025 (the filing on sec.gov)
Man Group PLC740,727$21m0.05%Addedn.a.15 May 2025 (the filing on sec.gov)
Tudor Investment Corp571,000$16m0.05%Newnew15 May 2025 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q4 2024 to Q1 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 →