L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
20
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 0 listed it in both
Shares listed
29,863,820
combined, among listed positions
Reported value
$573m
combined, at the quarter end

Among the 92 comparable managers: 11 buyers (opened or added shares) and 12 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +1,645,047.

Managers listing UE 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.

20 of 20 holders

ActionFiling
Fidelity (FMR LLC)17,313,498$332munder 0.1%Trimmed-615,71117 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP4,606,296$88munder 0.1%Added+82,59417 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC2,431,424$47munder 0.1%Added+1,203,43017 Feb 2026 (the filing on sec.gov)
MFS Investment Management1,227,465$24munder 0.1%Trimmed-43,99122 Jan 2026 (the filing on sec.gov)
Millennium Management LLC1,145,609$22munder 0.1%Trimmed-200,09517 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC878,475$17munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Invesco Ltd525,155$10munder 0.1%Trimmed-13,44619 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC417,997$8.0munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC280,115$5.4munder 0.1%Added+18,73017 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP203,600$3.9munder 0.1%Added+148,40017 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC187,273$3.6munder 0.1%Added+174,97312 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP151,086$2.9munder 0.1%Trimmed-31,12017 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP138,732$2.7munder 0.1%Trimmed-116,35513 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc128,021$2.5munder 0.1%Added+4,00717 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC58,977$1.1munder 0.1%Trimmed-8,63513 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP53,000$1.0munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd50,674$973kunder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp44,319$850kunder 0.1%Trimmed-28,14917 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC11,367$218kunder 0.1%Added+1,08527 Oct 2026 (the filing on sec.gov)
Susquehanna International Group LLP10,737$206kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)

Largest increases and reductions, by shares

There is no earlier quarter on file to compare with.

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.
2 in Q4 2023 to 1 in Q4 2025

Tracked managers listing it, at least.

024620152016201720182019202020212022202320242025
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
UE by quarter
QuarterHoldersReported valueBuyersSellers
Q1 20153$1.3mn.a.n.a.
Q2 20151$235kn.a.n.a.
Q3 20151$5.2mn.a.n.a.
Q4 20153$165mn.a.n.a.
Q1 20163$244mn.a.n.a.
Q2 20164$615mn.a.n.a.
Q3 20166$677mn.a.n.a.
Q4 20166$693mn.a.n.a.
Q1 20174$316mn.a.n.a.
Q2 20176$304mn.a.n.a.
Q3 20173$310mn.a.n.a.
Q4 20174$325mn.a.n.a.
Q1 20184$275mn.a.n.a.
Q2 20184$321mn.a.n.a.
Q3 20184$312mn.a.n.a.
Q4 20182$68mn.a.n.a.
Q1 20192$83mn.a.n.a.
Q2 20193$104mn.a.n.a.
Q3 20191$90mn.a.n.a.
Q4 20194$96mn.a.n.a.
Q1 20203$61mn.a.n.a.
Q2 20203$99mn.a.n.a.
Q3 20202$85mn.a.n.a.
Q4 20202$105mn.a.n.a.
Q1 20213$84mn.a.n.a.
Q2 20214$115mn.a.n.a.
Q3 20214$101mn.a.n.a.
Q4 20214$107mn.a.n.a.
Q1 20223$106mn.a.n.a.
Q2 20221$85mn.a.n.a.
Q3 20221$76mn.a.n.a.
Q4 20222$84mn.a.n.a.
Q1 20231$88mn.a.n.a.
Q2 20231$80mn.a.n.a.
Q3 20231$39mn.a.n.a.
Q4 20232$29m11
Q1 20242$45m20
Q2 20242$16m20
Q3 20244$61m22
Q4 20242$67m21
Q1 20253$73m21
Q2 20251$36m11
Q4 20251$8.0m1112

Compare with…

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

UE and WELL →UE and EQIX →UE and BN →Choose a stock to compare with UE →

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