L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
19 Feb 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
26
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 1 listed it in both
Shares listed
13,629,386
combined, among listed positions
Reported value
$82m
combined, at the quarter end

Among the 92 comparable managers: 19 buyers (opened or added shares) and 9 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +4,109,262.

Managers listing THRY 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.

26 of 26 holders

ActionFiling
Fidelity (FMR LLC)4,849,398$29munder 0.1%Trimmed-85,65517 Feb 2026 (the filing on sec.gov)
MFS Investment Management2,822,888$17munder 0.1%Added+602,12722 Jan 2026 (the filing on sec.gov)
Acadian Asset Management LLC956,820$5.8munder 0.1%Added+944,87210 Feb 2026 (the filing on sec.gov)
First Eagle Investment Management LLC842,943$5.1munder 0.1%Trimmed-3,6534 Feb 2026 (the filing on sec.gov)
Millennium Management LLC740,909$4.5munder 0.1%Added+707,25017 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC653,650$4.0munder 0.1%Added+600,86912 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC367,192$2.2munder 0.1%Added+203,46417 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP336,219$2.0munder 0.1%Added+159,35817 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC311,390$1.9munder 0.1%Added+212,07517 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.286,424$1.7munder 0.1%Added+17,18417 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp243,946$1.5munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP202,753$1.2munder 0.1%Added+166,84217 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP195,886$1.2munder 0.1%Added+183,82617 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP154,223$933kunder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC153,200$927kunder 0.1%Added+78,60012 Feb 2026 (the filing on sec.gov)
Invesco Ltd108,480$656kunder 0.1%Trimmed-87,05219 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP103,300$625kunder 0.1%Added+38,10017 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc62,143$376kunder 0.1%Added+15,20017 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC54,451$329kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Winton Group Ltd39,008$236kunder 0.1%Newnew11 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP30,345$184kunder 0.1%Trimmed-25,51617 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP28,440$172kunder 0.1%Trimmed-98917 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP26,895$163kunder 0.1%Trimmed-94,64617 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC26,400$160kunder 0.1%Trimmed-1,29313 Feb 2026 (the filing on sec.gov)
Man Group PLC17,657$107kunder 0.1%Added+7,11017 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.
1 in Q1 2023 to 1 in Q4 2025

Tracked managers listing it, at least.

00111Q2 2021Q3 2022Q4 2022Q1 2023Q2 2023Q3 2023Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
THRY by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20211$5.0mn.a.n.a.
Q3 20221$1.0mn.a.n.a.
Q4 20221$1.2mn.a.n.a.
Q1 20231$1.4mn.a.n.a.
Q2 20231$713kn.a.n.a.
Q3 20231$963kn.a.n.a.
Q4 20241$2.2m10
Q1 20251$3.6m11
Q2 20251$7.1m10
Q3 20251$10m10
Q4 20251$5.1m199

Compare with…

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

THRY and V →THRY and MA →THRY and MCO →Choose a stock to compare with THRY →

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