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
40
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 32 listed it in both
Shares listed
60,170,428
combined, among listed positions
Reported value
$13.7bn
combined, at the quarter end

Among the 92 comparable managers: 20 buyers (opened or added shares) and 22 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -1,557,572.

Managers listing TEL 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.

40 of 40 holders

ActionFiling
Dodge & Cox14,873,850$3.4bn1.83%Trimmed-1,165,90413 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc11,604,495$2.6bn0.28%Trimmed-516,98617 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP4,336,581$987m0.17%Trimmed-505,59017 Feb 2026 (the filing on sec.gov)
Harris Associates LP3,229,986$735m0.93%Trimmed-777,62017 Feb 2026 (the filing on sec.gov)
Invesco Ltd3,136,664$714m0.07%Added+182,42019 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP3,105,167$706m0.41%Added+1,721,23513 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd2,861,466$651m0.29%Added+186,48717 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)2,616,989$595munder 0.1%Added+79,22917 Feb 2026 (the filing on sec.gov)
MFS Investment Management2,037,438$464m0.15%Trimmed-944,43022 Jan 2026 (the filing on sec.gov)
Acadian Asset Management LLC1,261,117$287m0.47%Added+558,14610 Feb 2026 (the filing on sec.gov)
Man Group PLC1,252,434$285m0.48%Added+904,46817 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP1,084,458$247m0.08%Added+151,28117 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC1,053,441$240munder 0.1%Added+539,55317 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP1,018,533$232m0.26%Added+627,44817 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.904,031$206m0.11%Added+45,01517 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC782,949$178m0.19%Added+50,76813 Feb 2026 (the filing on sec.gov)
Millennium Management LLC725,762$165m0.07%Trimmed-346,36317 Feb 2026 (the filing on sec.gov)
Capital World Investors645,745$147munder 0.1%Trimmed-535,16811 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC561,117$128m0.16%Trimmed-798,07417 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC505,476$115m0.06%Trimmed-74,36517 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC500,915$114m0.40%Trimmed-79,10317 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP440,801$100m0.37%Added+200,92913 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP424,079$96m0.09%Added+229,78813 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp175,411$40m0.07%Added+77,56317 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC137,800$31munder 0.1%Trimmed-69,90012 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 28 in Q2 2026

Tracked managers listing it, at least.

010203040Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
TEL by quarter
QuarterHoldersReported valueBuyersSellers
Q3 202425$9.2bn250
Q4 202424$9.2bn1114
Q1 202521$8.6bn1012
Q2 202521$9.6bn813
Q3 202535$13.4bn2510
Q4 202534$13.6bn2022
Q1 202633$12.4bn2024
Q2 202628$11.8bn1329

Compare with…

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

TEL and KLAC →TEL and GE →TEL and LRCX →Choose a stock to compare with TEL →

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