L3VLUP
Quarter end
30 Jun 2025
the date the book describes
Filed
14 Aug 2025
latest of these filings; the earliest 6 Aug 2025
Managers listing it
25
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q1 2025 and Q2 2025; 18 listed it in both
Shares listed
30,210,162
combined, among listed positions
Reported value
$5.3bn
combined, at the quarter end

Among the 95 comparable managers: 13 buyers (opened or added shares) and 11 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 THC in Q2 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q1 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

25 of 25 holders

ActionFiling
Fidelity (FMR LLC)8,386,091$1.5bn0.08%Trimmed-165,18514 Aug 2025 (the filing on sec.gov)
T. Rowe Price Associates Inc7,225,837$1.3bn0.14%Trimmed-370,70714 Aug 2025 (the filing on sec.gov)
Glenview Capital Management LLC2,930,005$516m14.45%Trimmed-464,82914 Aug 2025 (the filing on sec.gov)
Invesco Ltd2,807,601$494m0.08%Trimmed-1,364,95513 Aug 2025 (the filing on sec.gov)
Citadel Advisors LLC1,828,077$322m0.06%Trimmed-38,48014 Aug 2025 (the filing on sec.gov)
AQR Capital Management LLC1,156,263$200m0.17%Added+252,99314 Aug 2025 (the filing on sec.gov)
Millennium Management LLC1,009,212$178m0.09%New-226,84614 Aug 2025 (the filing on sec.gov)
D. E. Shaw & Co.808,254$142m0.10%Added+79,99014 Aug 2025 (the filing on sec.gov)
AllianceBernstein LP790,254$139munder 0.1%Addedn.a.14 Aug 2025 (the filing on sec.gov)
Holocene Advisors LP584,404$103m0.25%Newnew14 Aug 2025 (the filing on sec.gov)
Arrowstreet Capital LP581,105$102m0.07%Trimmed-607,63713 Aug 2025 (the filing on sec.gov)
Farallon Capital Management LLC529,000$93m0.39%Newnew14 Aug 2025 (the filing on sec.gov)
Marshall Wace LLP439,035$77m0.09%Added+245,53613 Aug 2025 (the filing on sec.gov)
Freestone Grove Partners LP228,030$40m0.30%Trimmed-49,46814 Aug 2025 (the filing on sec.gov)
Walleye Capital LLC179,387$32m0.12%Added+64,92513 Aug 2025 (the filing on sec.gov)
Voloridge Investment Management LLC138,809$24m0.09%Newnew14 Aug 2025 (the filing on sec.gov)
Woodline Partners LP123,670$22m0.11%Newnew14 Aug 2025 (the filing on sec.gov)
ExodusPoint Capital Management LP122,843$22m0.19%Trimmed-148,79013 Aug 2025 (the filing on sec.gov)
Point72 Asset Management LP114,335$20munder 0.1%Addedn.a.14 Aug 2025 (the filing on sec.gov)
Bridgewater Associates LP87,163$15m0.06%Trimmed-112,81313 Aug 2025 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC83,788$15m0.10%Added+12,31414 Aug 2025 (the filing on sec.gov)
Brevan Howard Capital Management LP37,943$6.7munder 0.1%Addedn.a.14 Aug 2025 (the filing on sec.gov)
First Eagle Investment Management LLC9,927$1.7munder 0.1%Trimmed-1,6396 Aug 2025 (the filing on sec.gov)
Maverick Capital Ltd6,729$1.2munder 0.1%Held014 Aug 2025 (the filing on sec.gov)
Harris Associates LP2,400$422kunder 0.1%Held014 Aug 2025 (the filing on sec.gov)

Largest increases and reductions, by shares

Q1 2025 to Q2 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.
26 in Q3 2024 to 15 in Q2 2026

Tracked managers listing it, at least.

01020302014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
THC by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20138$1.2bnn.a.n.a.
Q3 20135$1.0bnn.a.n.a.
Q4 20134$913mn.a.n.a.
Q1 20147$1.1bnn.a.n.a.
Q2 201410$1.2bnn.a.n.a.
Q3 20148$1.9bnn.a.n.a.
Q4 20147$1.2bnn.a.n.a.
Q1 20157$1.0bnn.a.n.a.
Q2 201511$1.4bnn.a.n.a.
Q3 20158$886mn.a.n.a.
Q4 20155$807mn.a.n.a.
Q1 20168$793mn.a.n.a.
Q2 20164$738mn.a.n.a.
Q3 20168$627mn.a.n.a.
Q4 20169$404mn.a.n.a.
Q1 20174$458mn.a.n.a.
Q2 20175$531mn.a.n.a.
Q3 20176$494mn.a.n.a.
Q4 20174$455mn.a.n.a.
Q1 20188$763mn.a.n.a.
Q2 20187$991mn.a.n.a.
Q3 20187$863mn.a.n.a.
Q4 201812$522mn.a.n.a.
Q1 201911$948mn.a.n.a.
Q2 20196$649mn.a.n.a.
Q3 20196$712mn.a.n.a.
Q4 20199$1.1bnn.a.n.a.
Q1 20208$433mn.a.n.a.
Q2 20205$560mn.a.n.a.
Q3 20204$722mn.a.n.a.
Q4 20209$1.2bnn.a.n.a.
Q1 20219$1.3bnn.a.n.a.
Q2 202110$1.6bnn.a.n.a.
Q3 202112$1.8bnn.a.n.a.
Q4 202111$2.1bnn.a.n.a.
Q1 202215$2.7bnn.a.n.a.
Q2 202214$1.7bnn.a.n.a.
Q3 202211$1.6bnn.a.n.a.
Q4 202213$1.1bnn.a.n.a.
Q1 202317$1.1bnn.a.n.a.
Q2 202324$1.7bnn.a.n.a.
Q3 202323$1.7bnn.a.n.a.
Q4 202318$2.0bn128
Q1 202419$3.1bn118
Q2 202425$4.2bn1411
Q3 202426$5.2bn1213
Q4 202420$3.6bn1113
Q1 202520$4.2bn137
Q2 202525$5.3bn1311
Q3 202525$5.6bn1016
Q4 202522$5.6bn1425
Q1 202622$5.2bn1919
Q2 202615$3.8bn2217

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 →