L3VLUP
Quarter end
30 Sep 2025
the date the book describes
Filed
14 Nov 2025
latest of these filings; the earliest 12 Nov 2025
Managers listing it
18
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q2 2025 and Q3 2025; 11 listed it in both
Shares listed
17,072,914
combined, among listed positions
Reported value
$2.4bn
combined, at the quarter end

Among the 95 comparable managers: 14 buyers (opened or added shares) and 6 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 TOL in Q3 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q2 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

18 of 18 holders

ActionFiling
Capital World Investors5,187,673$717m0.10%Added+1,763,21113 Nov 2025 (the filing on sec.gov)
Fidelity (FMR LLC)3,693,166$510munder 0.1%Addedn.a.13 Nov 2025 (the filing on sec.gov)
AQR Capital Management LLC2,483,339$343m0.22%Trimmed-124,65414 Nov 2025 (the filing on sec.gov)
Holocene Advisors LP2,224,289$307m0.70%Added+974,56714 Nov 2025 (the filing on sec.gov)
Voloridge Investment Management LLC623,869$86m0.29%Added+17,78014 Nov 2025 (the filing on sec.gov)
Janus Henderson Group Ltd426,822$59munder 0.1%Added+11,08814 Nov 2025 (the filing on sec.gov)
Bridgewater Associates LP394,421$54m0.21%Trimmed-38,50513 Nov 2025 (the filing on sec.gov)
Walleye Capital LLC369,506$51m0.19%Trimmed-93,72814 Nov 2025 (the filing on sec.gov)
Balyasny Asset Management LLC342,988$47m0.06%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Woodline Partners LP318,174$44m0.21%Added+122,60814 Nov 2025 (the filing on sec.gov)
Two Sigma Investments LP290,374$40m0.06%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Two Sigma Advisers LP245,900$34m0.07%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Marshall Wace LLP244,757$34munder 0.1%Newnew13 Nov 2025 (the filing on sec.gov)
Verition Fund Management LLC103,613$14m0.06%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Winton Group Ltd65,100$9.0m0.34%Added+57,60013 Nov 2025 (the filing on sec.gov)
GAMCO Investors Inc38,400$5.3m0.05%Added+5,55012 Nov 2025 (the filing on sec.gov)
Quantbot Technologies LP17,432$2.4m0.07%Newnew12 Nov 2025 (the filing on sec.gov)
First Eagle Investment Management LLC3,091$427kunder 0.1%Trimmed-1,08612 Nov 2025 (the filing on sec.gov)

Largest increases and reductions, by shares

Q2 2025 to Q3 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.
19 in Q3 2024 to 16 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.
TOL by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201311$762mn.a.n.a.
Q3 20137$547mn.a.n.a.
Q4 20138$741mn.a.n.a.
Q1 20147$960mn.a.n.a.
Q2 20148$996mn.a.n.a.
Q3 20149$865mn.a.n.a.
Q4 201412$770mn.a.n.a.
Q1 201511$656mn.a.n.a.
Q2 201514$754mn.a.n.a.
Q3 201515$645mn.a.n.a.
Q4 201513$467mn.a.n.a.
Q1 201614$307mn.a.n.a.
Q2 201612$239mn.a.n.a.
Q3 201610$302mn.a.n.a.
Q4 201614$534mn.a.n.a.
Q1 20179$402mn.a.n.a.
Q2 201714$901mn.a.n.a.
Q3 201712$870mn.a.n.a.
Q4 201716$943mn.a.n.a.
Q1 201812$660mn.a.n.a.
Q2 201812$644mn.a.n.a.
Q3 201814$307mn.a.n.a.
Q4 201813$540mn.a.n.a.
Q1 201911$574mn.a.n.a.
Q2 20196$592mn.a.n.a.
Q3 201912$841mn.a.n.a.
Q4 201913$920mn.a.n.a.
Q1 20209$456mn.a.n.a.
Q2 202010$678mn.a.n.a.
Q3 202012$1.4bnn.a.n.a.
Q4 20208$1.2bnn.a.n.a.
Q1 20218$1.5bnn.a.n.a.
Q2 20218$1.1bnn.a.n.a.
Q3 20215$986mn.a.n.a.
Q4 202110$1.3bnn.a.n.a.
Q1 20228$468mn.a.n.a.
Q2 20228$528mn.a.n.a.
Q3 202212$578mn.a.n.a.
Q4 202215$890mn.a.n.a.
Q1 202319$978mn.a.n.a.
Q2 202318$1.2bnn.a.n.a.
Q3 202318$1.2bnn.a.n.a.
Q4 202320$1.3bn513
Q1 202422$1.8bn1112
Q2 202420$1.1bn1012
Q3 202419$1.5bn89
Q4 202419$1.4bn145
Q1 202522$1.7bn1310
Q2 202517$1.7bn144
Q3 202518$2.4bn146
Q4 202517$2.1bn1814
Q1 202619$1.7bn2114
Q2 202616$2.9bn1520

Compare with…

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

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

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