- Quarter end
- 31 Dec 2025
- the date the book describes
- Filed
- 27 Oct 2026
- latest of these filings; the earliest 4 Feb 2026
- Managers listing it
- 34
- at least, of 95 tracked, among listed positions
- Comparable managers
- 92
- filed both Q3 2025 and Q4 2025; 20 listed it in both
- Shares listed
- 28,805,308
- combined, among listed positions
- Reported value
- $5.7bn
- combined, at the quarter end
Among the 92 comparable managers: 14 buyers (opened or added shares) and 25 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +311,688.
Managers listing THC in Q4 2025
34 of 34 holders
Largest increases and reductions, by shares
Increases
- Lone Pine Capital LLCnew position · 1,787,326 shares now+1,787,326
- Wellington Management Group LLPexisting position · 1,135,801 shares now+1,042,260
- D. E. Shaw & Co.existing position · 1,189,512 shares now+444,616
- AQR Capital Management LLCexisting position · 2,256,539 shares now+380,116
- Voloridge Investment Management LLCexisting position · 364,487 shares now+151,219
Reductions
- Citadel Advisors LLCexisting position · 35,243 shares now-1,020,474
- Millennium Management LLCexisting position · 215,072 shares now-529,280
- Point72 Asset Management LPexisting position · 84,667 shares now-389,167
- Glenview Capital Management LLCexisting position · 1,983,753 shares now-339,926
- Fidelity (FMR LLC)existing position · 7,642,182 shares now-273,036
New positions and exits
New (1)
Exited (7)
- Marshall Wace LLPwas $90m
- Woodline Partners LPwas $28m
- Freestone Grove Partners LPwas $27m
- Winton Group Ltdwas $7.7m
- Quantbot Technologies LPwas $3.4m
- Tudor Investment Corpwas $1.8m
- Hudson Bay Capital Management LPwas $334k
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q2 2013 | 8 | $1.2bn | n.a. | n.a. |
| Q3 2013 | 5 | $1.0bn | n.a. | n.a. |
| Q4 2013 | 4 | $913m | n.a. | n.a. |
| Q1 2014 | 7 | $1.1bn | n.a. | n.a. |
| Q2 2014 | 10 | $1.2bn | n.a. | n.a. |
| Q3 2014 | 8 | $1.9bn | n.a. | n.a. |
| Q4 2014 | 7 | $1.2bn | n.a. | n.a. |
| Q1 2015 | 7 | $1.0bn | n.a. | n.a. |
| Q2 2015 | 11 | $1.4bn | n.a. | n.a. |
| Q3 2015 | 8 | $886m | n.a. | n.a. |
| Q4 2015 | 5 | $807m | n.a. | n.a. |
| Q1 2016 | 8 | $793m | n.a. | n.a. |
| Q2 2016 | 4 | $738m | n.a. | n.a. |
| Q3 2016 | 8 | $627m | n.a. | n.a. |
| Q4 2016 | 9 | $404m | n.a. | n.a. |
| Q1 2017 | 4 | $458m | n.a. | n.a. |
| Q2 2017 | 5 | $531m | n.a. | n.a. |
| Q3 2017 | 6 | $494m | n.a. | n.a. |
| Q4 2017 | 4 | $455m | n.a. | n.a. |
| Q1 2018 | 8 | $763m | n.a. | n.a. |
| Q2 2018 | 7 | $991m | n.a. | n.a. |
| Q3 2018 | 7 | $863m | n.a. | n.a. |
| Q4 2018 | 12 | $522m | n.a. | n.a. |
| Q1 2019 | 11 | $948m | n.a. | n.a. |
| Q2 2019 | 6 | $649m | n.a. | n.a. |
| Q3 2019 | 6 | $712m | n.a. | n.a. |
| Q4 2019 | 9 | $1.1bn | n.a. | n.a. |
| Q1 2020 | 8 | $433m | n.a. | n.a. |
| Q2 2020 | 5 | $560m | n.a. | n.a. |
| Q3 2020 | 4 | $722m | n.a. | n.a. |
| Q4 2020 | 9 | $1.2bn | n.a. | n.a. |
| Q1 2021 | 9 | $1.3bn | n.a. | n.a. |
| Q2 2021 | 10 | $1.6bn | n.a. | n.a. |
| Q3 2021 | 12 | $1.8bn | n.a. | n.a. |
| Q4 2021 | 11 | $2.1bn | n.a. | n.a. |
| Q1 2022 | 15 | $2.7bn | n.a. | n.a. |
| Q2 2022 | 14 | $1.7bn | n.a. | n.a. |
| Q3 2022 | 11 | $1.6bn | n.a. | n.a. |
| Q4 2022 | 13 | $1.1bn | n.a. | n.a. |
| Q1 2023 | 17 | $1.1bn | n.a. | n.a. |
| Q2 2023 | 24 | $1.7bn | n.a. | n.a. |
| Q3 2023 | 23 | $1.7bn | n.a. | n.a. |
| Q4 2023 | 18 | $2.0bn | 12 | 8 |
| Q1 2024 | 19 | $3.1bn | 11 | 8 |
| Q2 2024 | 25 | $4.2bn | 14 | 11 |
| Q3 2024 | 26 | $5.2bn | 12 | 13 |
| Q4 2024 | 20 | $3.6bn | 11 | 13 |
| Q1 2025 | 20 | $4.2bn | 13 | 7 |
| Q2 2025 | 25 | $5.3bn | 13 | 11 |
| Q3 2025 | 25 | $5.6bn | 10 | 16 |
| Q4 2025 | 22 | $5.6bn | 14 | 25 |
| Q1 2026 | 22 | $5.2bn | 19 | 19 |
| Q2 2026 | 15 | $3.8bn | 22 | 17 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
THC and UNH →THC and ELV →THC and CI →Choose a stock to compare with THC →
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 THC, latest filings →Back to the 13F Explorer →