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
34
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 12 listed it in both
Shares listed
25,991,205
combined, among listed positions
Reported value
$3.7bn
combined, at the quarter end

Among the 92 comparable managers: 21 buyers (opened or added shares) and 14 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +4,576,509.

Managers listing TWLO 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.

34 of 34 holders

ActionFiling
Fidelity (FMR LLC)10,672,418$1.5bn0.08%Added+2,323,46117 Feb 2026 (the filing on sec.gov)
Invesco Ltd3,151,546$448munder 0.1%Added+1,142,30919 Feb 2026 (the filing on sec.gov)
Sachem Head Capital Management LP2,295,000$326m7.65%Trimmed-1,000,00013 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC1,940,657$276munder 0.1%Added+1,523,93217 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP1,589,750$226m0.13%Trimmed-816,16413 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC1,051,014$149m0.19%Added+946,92117 Feb 2026 (the filing on sec.gov)
Durable Capital Partners LP962,089$137m1.29%Newnew17 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP602,189$86m0.10%Added+356,30617 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP494,752$70m0.51%Trimmed-529,49017 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.430,557$61munder 0.1%Added+384,13517 Feb 2026 (the filing on sec.gov)
Man Group PLC390,713$56m0.09%Trimmed-89,99317 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP306,873$44munder 0.1%Added+153,55113 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc303,401$43munder 0.1%Added+9,37717 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC282,347$40munder 0.1%Trimmed-46,02217 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC226,033$32m0.14%Newnew17 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP200,644$29munder 0.1%Added+5,92017 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP171,889$24munder 0.1%Added+62,85617 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP124,757$18m0.06%Trimmed-17,57313 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP112,917$16munder 0.1%Added+59,23717 Feb 2026 (the filing on sec.gov)
Woodline Partners LP107,325$15m0.06%Newnew17 Feb 2026 (the filing on sec.gov)
Millennium Management LLC106,206$15munder 0.1%Added+44,02417 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC98,607$14munder 0.1%Added+91,47313 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC75,076$11munder 0.1%Trimmed-106,70510 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP74,132$11m0.08%Trimmed-29,82417 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP71,200$10munder 0.1%Trimmed-12,70017 Feb 2026 (the filing on sec.gov)
Page 1 of 2

What managers have written about TWLO

Shown because the letter names the company. A letter is commentary; it is not a record of why a position changed.

By writers not tracked in the 13F universe

Their positions are not shown: no 13F filings of theirs are tracked here.

Every letter beside its positions →

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.
15 in Q3 2024 to 18 in Q2 2026

Tracked managers listing it, at least.

01020302017201820192020202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
TWLO by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20165$181mn.a.n.a.
Q3 20161$34mn.a.n.a.
Q4 20165$46mn.a.n.a.
Q1 20175$375mn.a.n.a.
Q2 20175$288mn.a.n.a.
Q3 20175$127mn.a.n.a.
Q4 20177$92mn.a.n.a.
Q1 20189$237mn.a.n.a.
Q2 201811$516mn.a.n.a.
Q3 201812$1.1bnn.a.n.a.
Q4 201818$1.4bnn.a.n.a.
Q1 201925$2.1bnn.a.n.a.
Q2 201918$2.4bnn.a.n.a.
Q3 201919$2.2bnn.a.n.a.
Q4 201916$2.7bnn.a.n.a.
Q1 202015$1.9bnn.a.n.a.
Q2 202025$5.0bnn.a.n.a.
Q3 202025$5.5bnn.a.n.a.
Q4 202026$7.0bnn.a.n.a.
Q1 202130$8.7bnn.a.n.a.
Q2 202123$11.4bnn.a.n.a.
Q3 202128$9.2bnn.a.n.a.
Q4 202118$9.2bnn.a.n.a.
Q1 202218$6.1bnn.a.n.a.
Q2 202212$2.8bnn.a.n.a.
Q3 202214$2.0bnn.a.n.a.
Q4 202213$1.5bnn.a.n.a.
Q1 202313$1.8bnn.a.n.a.
Q2 202310$1.8bnn.a.n.a.
Q3 20237$1.4bnn.a.n.a.
Q4 202316$2.0bn106
Q1 202412$1.4bn106
Q2 202414$1.4bn112
Q3 202415$1.5bn96
Q4 202430$2.5bn217
Q1 202521$1.7bn1212
Q2 202518$2.0bn118
Q3 202513$1.7bn57
Q4 202520$3.4bn2114
Q1 202618$2.7bn1818
Q2 202618$4.0bn1925

Compare with…

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

TWLO and GOOGL →TWLO and AMZN →TWLO and MSFT →Choose a stock to compare with TWLO →

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