- Quarter end
- 31 Dec 2025
- the date the book describes
- Filed
- 27 Oct 2026
- latest of these filings; the earliest 10 Feb 2026
- Managers listing it
- 20
- at least, of 95 tracked, among listed positions
- Comparable managers
- 92
- filed both Q3 2025 and Q4 2025; 3 listed it in both
- Shares listed
- 145,739,766
- combined, among listed positions
- Reported value
- $4.8bn
- combined, at the quarter end
Among the 92 comparable managers: 7 buyers (opened or added shares) and 16 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -1,125,550.
Managers listing TFPM in Q4 2025
20 of 20 holders
Largest increases and reductions, by shares
Increases
- Fidelity (FMR LLC)existing position · 7,396,512 shares now+132,761
- Jane Street Group LLCexisting position · 229,170 shares now+114,878
- Point72 Asset Management LPnew position · 45,962 shares now+45,962
- Balyasny Asset Management LLCexisting position · 36,782 shares now+23,046
- Susquehanna International Group LLPexisting position · 30,773 shares now+20,579
Reductions
- Neuberger Berman Group LLCexisting position · 269,041 shares now-544,535
- Two Sigma Investments LPexisting position · 456,011 shares now-195,828
- Invesco Ltdexisting position · 181,122 shares now-186,184
- Two Sigma Advisers LPexisting position · 515,400 shares now-108,900
- Renaissance Technologies LLCexisting position · 18,500 shares now-105,000
New positions and exits
New (1)
Exited (4)
- Man Group PLCwas $1.7m
- Schonfeld Strategic Advisors LLCwas $374k
- ExodusPoint Capital Management LPwas $333k
- Walleye Capital LLCwas $285k
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q3 2022 | 1 | $1.6bn | n.a. | n.a. |
| Q4 2022 | 1 | $1.8bn | n.a. | n.a. |
| Q1 2023 | 1 | $2.0bn | n.a. | n.a. |
| Q2 2023 | 1 | $1.9bn | n.a. | n.a. |
| Q3 2023 | 1 | $1.7bn | n.a. | n.a. |
| Q4 2023 | 1 | $1.8bn | 0 | 0 |
| Q1 2024 | 1 | $1.9bn | 0 | 0 |
| Q2 2024 | 1 | $2.1bn | 0 | 0 |
| Q3 2024 | 1 | $2.2bn | 0 | 0 |
| Q4 2024 | 1 | $2.0bn | 0 | 0 |
| Q1 2025 | 1 | $2.6bn | 0 | 0 |
| Q2 2025 | 2 | $3.2bn | 1 | 0 |
| Q3 2025 | 3 | $4.0bn | 2 | 0 |
| Q4 2025 | 4 | $4.5bn | 7 | 16 |
| Q1 2026 | 3 | $4.7bn | 16 | 7 |
| Q2 2026 | 3 | $4.0bn | 12 | 11 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
TFPM and AXP →TFPM and SCHW →TFPM and MS →Choose a stock to compare with TFPM →
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 TFPM, latest filings →Back to the 13F Explorer →