L3VLUP
Quarter end
30 Jun 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 1 Aug 2025
Managers listing it
17
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q1 2025 and Q2 2025; 13 listed it in both
Shares listed
51,284,367
combined, among listed positions
Reported value
$4.5bn
combined, at the quarter end

Among the 95 comparable managers: 9 buyers (opened or added shares) and 9 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 TRU 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.

17 of 17 holders

ActionFiling
MFS Investment Management22,720,864$2.0bn0.63%Added+1,046,3918 Aug 2025 (the filing on sec.gov)
Wellington Management Group LLP11,945,760$1.1bn0.19%Added+1,067,80714 Aug 2025 (the filing on sec.gov)
Farallon Capital Management LLC5,404,575$476m2.00%Trimmed-8,63114 Aug 2025 (the filing on sec.gov)
Janus Henderson Group Ltd3,360,005$296m0.14%Added+125,98414 Aug 2025 (the filing on sec.gov)
Citadel Advisors LLC2,320,678$204munder 0.1%Trimmed-401,55314 Aug 2025 (the filing on sec.gov)
Neuberger Berman Group LLC1,535,468$135m0.10%Trimmed-56,94927 Oct 2026 (the filing on sec.gov)
Millennium Management LLC1,227,307$108m0.05%Addedn.a.14 Aug 2025 (the filing on sec.gov)
Steadfast Capital Management LP962,300$85m1.51%Added+58,50014 Aug 2025 (the filing on sec.gov)
Balyasny Asset Management LLC830,804$73m0.11%Addedn.a.14 Aug 2025 (the filing on sec.gov)
Marshall Wace LLP418,804$37munder 0.1%Trimmed-924,43213 Aug 2025 (the filing on sec.gov)
Holocene Advisors LP144,515$13munder 0.1%Addedn.a.14 Aug 2025 (the filing on sec.gov)
Woodline Partners LP118,568$10m0.06%Trimmed-76,84514 Aug 2025 (the filing on sec.gov)
Markel Group Inc101,050$8.9m0.08%Held01 Aug 2025 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC84,273$7.4m0.05%Trimmed-128,61614 Aug 2025 (the filing on sec.gov)
ExodusPoint Capital Management LP78,084$6.9m0.06%Addedn.a.13 Aug 2025 (the filing on sec.gov)
Moore Capital Management LP23,761$2.1munder 0.1%Added+7,36714 Aug 2025 (the filing on sec.gov)
PDT Partners LLC7,551$664kunder 0.1%Trimmed-39,88214 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.

New (0)

No new position among listed positions.

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.
21 in Q3 2024 to 13 in Q2 2026

Tracked managers listing it, at least.

0102030201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
TRU by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20159$46mn.a.n.a.
Q3 20154$142mn.a.n.a.
Q4 20153$205mn.a.n.a.
Q1 20165$406mn.a.n.a.
Q2 20167$973mn.a.n.a.
Q3 201612$1.2bnn.a.n.a.
Q4 20168$1.0bnn.a.n.a.
Q1 201714$1.8bnn.a.n.a.
Q2 201712$2.5bnn.a.n.a.
Q3 20179$3.7bnn.a.n.a.
Q4 201715$4.4bnn.a.n.a.
Q1 201823$4.8bnn.a.n.a.
Q2 201824$6.0bnn.a.n.a.
Q3 201818$5.9bnn.a.n.a.
Q4 201817$4.7bnn.a.n.a.
Q1 201917$5.0bnn.a.n.a.
Q2 201918$5.2bnn.a.n.a.
Q3 201921$5.4bnn.a.n.a.
Q4 201922$5.4bnn.a.n.a.
Q1 202026$4.3bnn.a.n.a.
Q2 202024$5.4bnn.a.n.a.
Q3 202021$5.0bnn.a.n.a.
Q4 202018$5.1bnn.a.n.a.
Q1 202117$4.9bnn.a.n.a.
Q2 202118$5.9bnn.a.n.a.
Q3 202121$6.1bnn.a.n.a.
Q4 202118$6.8bnn.a.n.a.
Q1 202217$6.0bnn.a.n.a.
Q2 202213$4.9bnn.a.n.a.
Q3 202216$2.3bnn.a.n.a.
Q4 202216$2.6bnn.a.n.a.
Q1 202314$2.3bnn.a.n.a.
Q2 202315$3.5bnn.a.n.a.
Q3 202314$3.1bnn.a.n.a.
Q4 202313$2.4bn67
Q1 202415$3.5bn113
Q2 202417$3.3bn142
Q3 202421$5.5bn119
Q4 202424$4.8bn1111
Q1 202520$4.3bn136
Q2 202517$4.5bn99
Q3 202513$3.7bn67
Q4 202513$3.8bn1819
Q1 202613$4.9bn1314
Q2 202613$5.4bn1712

Compare with…

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

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

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