L3VLUP
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
27
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
15,114,815
combined, among listed positions
Reported value
$63m
combined, at the quarter end

Among the 92 comparable managers: 12 buyers (opened or added shares) and 17 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +805,131.

Managers listing TROX 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.

27 of 27 holders

ActionFiling
Millennium Management LLC4,494,683$19munder 0.1%Added+3,879,22217 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.3,710,610$15munder 0.1%Added+1,055,22517 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP1,765,321$7.4munder 0.1%Trimmed-1,468,79717 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP1,040,578$4.3munder 0.1%Added+362,71917 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC704,497$2.9munder 0.1%Trimmed-8,35517 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)675,893$2.8munder 0.1%Trimmed-148,47817 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP400,592$1.7munder 0.1%Added+343,83417 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP355,500$1.5munder 0.1%Added+80,60017 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC322,406$1.3munder 0.1%Trimmed-468,65317 Feb 2026 (the filing on sec.gov)
Invesco Ltd264,873$1.1munder 0.1%Added+67,41219 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC247,151$1.0munder 0.1%Trimmed-27,24413 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC210,706$879kunder 0.1%Trimmed-143,18517 Feb 2026 (the filing on sec.gov)
PDT Partners LLC168,507$703kunder 0.1%Trimmed-457,25517 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc118,066$493kunder 0.1%Added+4,87617 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP104,792$437kunder 0.1%Trimmed-144,14313 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP96,776$404kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC85,663$357kunder 0.1%Trimmed-9,58213 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP75,922$317kunder 0.1%Trimmed-328,09710 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP58,410$244kunder 0.1%Trimmed-62,18017 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd49,856$208kunder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Man Group PLC43,025$179kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP30,324$126kunder 0.1%Trimmed-79,19313 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC27,900$116kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC26,961$112kunder 0.1%Trimmed-170,36717 Feb 2026 (the filing on sec.gov)
Winton Group Ltd14,100$59kunder 0.1%Newnew11 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.
4 in Q3 2024 to 2 in Q2 2026

Tracked managers listing it, at least.

024682019202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
TROX by quarter
QuarterHoldersReported valueBuyersSellers
Q1 20194$32mn.a.n.a.
Q2 20192$17mn.a.n.a.
Q3 20191$830kn.a.n.a.
Q4 20193$5.8mn.a.n.a.
Q2 20201$3.4mn.a.n.a.
Q3 20201$2.0mn.a.n.a.
Q4 20202$10mn.a.n.a.
Q1 20215$65mn.a.n.a.
Q2 20215$74mn.a.n.a.
Q3 20216$122mn.a.n.a.
Q4 20218$81mn.a.n.a.
Q1 20227$58mn.a.n.a.
Q2 20223$45mn.a.n.a.
Q3 20223$18mn.a.n.a.
Q4 20224$56mn.a.n.a.
Q1 20231$25mn.a.n.a.
Q2 20234$23mn.a.n.a.
Q3 20234$30mn.a.n.a.
Q4 20233$32m22
Q1 20243$33m30
Q2 20244$49m40
Q3 20244$19m41
Q4 20241$10m11
Q1 20252$8.2m20
Q2 20253$17m30
Q3 20252$6.5m21
Q4 20251$703k1217
Q1 20263$68m1811
Q2 20262$20m179

Compare with…

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

TROX and LIN →TROX and GLW →TROX and HWM →Choose a stock to compare with TROX →

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