- Quarter end
- 30 Jun 2025
- the date the book describes
- Filed
- 27 Oct 2026
- latest of these filings; the earliest 8 Aug 2025
- Managers listing it
- 10
- at least, of 95 tracked, among listed positions
- Comparable managers
- 95
- filed both Q1 2025 and Q2 2025; 8 listed it in both
- Shares listed
- 23,140,196
- combined, among listed positions
- Reported value
- $3.4bn
- combined, at the quarter end
Among the 95 comparable managers: 5 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 TW in Q2 2025
10 of 10 holders
| Action | Filing | |||||
|---|---|---|---|---|---|---|
| T. Rowe Price Associates Inc | 8,531,608 | $1.2bn | 0.14% | Added | +1,650,254 | 14 Aug 2025 (the filing on sec.gov) |
| Wellington Management Group LLP | 6,863,618 | $1.0bn | 0.18% | Trimmed | -2,516,503 | 14 Aug 2025 (the filing on sec.gov) |
| Capital World Investors | 2,698,340 | $395m | 0.06% | Added | +399,737 | 13 Aug 2025 (the filing on sec.gov) |
| Renaissance Technologies LLC | 1,748,220 | $256m | 0.34% | Trimmed | -59,600 | 13 Aug 2025 (the filing on sec.gov) |
| MFS Investment Management | 1,301,903 | $191m | 0.06% | Added | +147,314 | 8 Aug 2025 (the filing on sec.gov) |
| Artisan Partners LP | 1,188,792 | $174m | 0.25% | Trimmed | -643,147 | 12 Aug 2025 (the filing on sec.gov) |
| Neuberger Berman Group LLC | 748,806 | $110m | 0.08% | Trimmed | -220,710 | 27 Oct 2026 (the filing on sec.gov) |
| Brevan Howard Capital Management LP | 44,121 | $6.5m | under 0.1% | New | new | 14 Aug 2025 (the filing on sec.gov) |
| PDT Partners LLC | 8,067 | $1.2m | 0.07% | Trimmed | -12,943 | 14 Aug 2025 (the filing on sec.gov) |
| Freestone Grove Partners LP | 6,721 | $984k | under 0.1% | New | new | 14 Aug 2025 (the filing on sec.gov) |
Largest increases and reductions, by shares
Increases
- T. Rowe Price Associates Incexisting position · 8,531,608 shares now+1,650,254
- Capital World Investorsexisting position · 2,698,340 shares now+399,737
- MFS Investment Managementexisting position · 1,301,903 shares now+147,314
- Brevan Howard Capital Management LPnew position · 44,121 shares now+44,121
- Freestone Grove Partners LPnew position · 6,721 shares now+6,721
Reductions
- Wellington Management Group LLPexisting position · 6,863,618 shares now-2,516,503
- Artisan Partners LPexisting position · 1,188,792 shares now-643,147
- Neuberger Berman Group LLCexisting position · 748,806 shares now-220,710
- Renaissance Technologies LLCexisting position · 1,748,220 shares now-59,600
- PDT Partners LLCexisting position · 8,067 shares now-12,943
New positions and exits
New (2)
Exited (1)
- Element Capital Management LLCwas $2.8m
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q2 2019 | 13 | $593m | n.a. | n.a. |
| Q3 2019 | 12 | $267m | n.a. | n.a. |
| Q4 2019 | 13 | $783m | n.a. | n.a. |
| Q1 2020 | 11 | $860m | n.a. | n.a. |
| Q2 2020 | 10 | $1.5bn | n.a. | n.a. |
| Q3 2020 | 8 | $1.6bn | n.a. | n.a. |
| Q4 2020 | 9 | $1.7bn | n.a. | n.a. |
| Q1 2021 | 10 | $2.7bn | n.a. | n.a. |
| Q2 2021 | 9 | $3.1bn | n.a. | n.a. |
| Q3 2021 | 12 | $2.8bn | n.a. | n.a. |
| Q4 2021 | 11 | $3.2bn | n.a. | n.a. |
| Q1 2022 | 10 | $2.6bn | n.a. | n.a. |
| Q2 2022 | 12 | $1.8bn | n.a. | n.a. |
| Q3 2022 | 18 | $1.1bn | n.a. | n.a. |
| Q4 2022 | 13 | $1.2bn | n.a. | n.a. |
| Q1 2023 | 13 | $1.3bn | n.a. | n.a. |
| Q2 2023 | 8 | $1.4bn | n.a. | n.a. |
| Q3 2023 | 10 | $1.9bn | n.a. | n.a. |
| Q4 2023 | 15 | $2.1bn | 9 | 6 |
| Q1 2024 | 12 | $2.3bn | 7 | 5 |
| Q2 2024 | 13 | $2.9bn | 9 | 4 |
| Q3 2024 | 10 | $3.6bn | 4 | 7 |
| Q4 2024 | 15 | $3.3bn | 10 | 5 |
| Q1 2025 | 12 | $3.8bn | 7 | 5 |
| Q2 2025 | 10 | $3.4bn | 5 | 6 |
| Q3 2025 | 11 | $3.0bn | 7 | 6 |
| Q4 2025 | 10 | $3.6bn | 14 | 19 |
| Q1 2026 | 11 | $3.7bn | 17 | 14 |
| Q2 2026 | 15 | $3.4bn | 22 | 12 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
TW and V →TW and AXP →TW and BAC →Choose a stock to compare with TW →
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 TW, latest filings →Back to the 13F Explorer →