L3VLUP
Quarter end
30 Sep 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 29 Oct 2025
Managers listing it
44
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q2 2025 and Q3 2025; 33 listed it in both
Shares listed
68,475,804
combined, among listed positions
Reported value
$16.2bn
combined, at the quarter end

Among the 95 comparable managers: 29 buyers (opened or added shares) and 16 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 UNP in Q3 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q2 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

44 of 44 holders

ActionFiling
Capital World Investors10,481,043$2.5bn0.34%Added+6,908,01613 Nov 2025 (the filing on sec.gov)
Capital Research Global Investors8,713,196$2.1bn0.39%Added+4,244,22613 Nov 2025 (the filing on sec.gov)
MFS Investment Management8,006,454$1.9bn0.59%Trimmed-113,07029 Oct 2025 (the filing on sec.gov)
Invesco Ltd6,551,125$1.5bn0.24%Added+1,154,77113 Nov 2025 (the filing on sec.gov)
T. Rowe Price Associates Inc3,709,037$877m0.09%Trimmed-2,587,92514 Nov 2025 (the filing on sec.gov)
Arrowstreet Capital LP3,355,042$793m0.50%Added+203,00013 Nov 2025 (the filing on sec.gov)
Fidelity (FMR LLC)2,580,135$610munder 0.1%Trimmed-1,063,07613 Nov 2025 (the filing on sec.gov)
AllianceBernstein LP2,342,161$554m0.17%Added+813,73514 Nov 2025 (the filing on sec.gov)
Neuberger Berman Group LLC1,900,849$449m0.33%Added+81,23527 Oct 2026 (the filing on sec.gov)
Two Sigma Advisers LP1,582,701$374m0.75%Added+1,172,00014 Nov 2025 (the filing on sec.gov)
Baupost Group LLC1,496,204$354m7.38%Newnew13 Nov 2025 (the filing on sec.gov)
Harris Associates LP1,465,587$346m0.56%Newnew14 Nov 2025 (the filing on sec.gov)
Point72 Asset Management LP1,450,812$343m0.57%Added+719,04214 Nov 2025 (the filing on sec.gov)
Janus Henderson Group Ltd1,386,302$328m0.15%Trimmed-16,50414 Nov 2025 (the filing on sec.gov)
Wellington Management Group LLP1,349,143$319m0.06%Trimmed-4,063,89714 Nov 2025 (the filing on sec.gov)
Citadel Advisors LLC1,146,986$271munder 0.1%Trimmed-537,13314 Nov 2025 (the filing on sec.gov)
Maverick Capital Ltd1,115,610$264m3.52%Newnew14 Nov 2025 (the filing on sec.gov)
Two Sigma Investments LP1,029,076$243m0.36%Added+9,54414 Nov 2025 (the filing on sec.gov)
Soroban Capital Partners LP1,022,833$242m1.82%Newnew14 Nov 2025 (the filing on sec.gov)
Renaissance Technologies LLC945,700$224m0.30%Added+190,30013 Nov 2025 (the filing on sec.gov)
Third Point LLC875,000$207m2.30%Newnew14 Nov 2025 (the filing on sec.gov)
Balyasny Asset Management LLC846,067$200m0.25%Trimmed-460,83314 Nov 2025 (the filing on sec.gov)
Voloridge Investment Management LLC797,104$188m0.63%Added+202,29014 Nov 2025 (the filing on sec.gov)
AQR Capital Management LLC653,321$154m0.10%Added+191,02414 Nov 2025 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC466,879$110m0.63%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q2 2025 to Q3 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.
29 in Q3 2024 to 27 in Q2 2026

Tracked managers listing it, at least.

02040602014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
UNP by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201323$14.8bnn.a.n.a.
Q3 201326$13.7bnn.a.n.a.
Q4 201324$14.6bnn.a.n.a.
Q1 201423$16.4bnn.a.n.a.
Q2 201429$15.6bnn.a.n.a.
Q3 201428$16.1bnn.a.n.a.
Q4 201425$16.4bnn.a.n.a.
Q1 201529$13.8bnn.a.n.a.
Q2 201531$12.9bnn.a.n.a.
Q3 201522$12.2bnn.a.n.a.
Q4 201528$11.6bnn.a.n.a.
Q1 201623$11.9bnn.a.n.a.
Q2 201627$13.4bnn.a.n.a.
Q3 201629$14.7bnn.a.n.a.
Q4 201629$14.5bnn.a.n.a.
Q1 201728$14.2bnn.a.n.a.
Q2 201736$14.3bnn.a.n.a.
Q3 201730$14.6bnn.a.n.a.
Q4 201731$15.7bnn.a.n.a.
Q1 201831$16.7bnn.a.n.a.
Q2 201831$17.3bnn.a.n.a.
Q3 201832$20.1bnn.a.n.a.
Q4 201835$15.3bnn.a.n.a.
Q1 201934$19.1bnn.a.n.a.
Q2 201941$19.8bnn.a.n.a.
Q3 201942$18.4bnn.a.n.a.
Q4 201936$20.7bnn.a.n.a.
Q1 202036$14.7bnn.a.n.a.
Q2 202040$16.7bnn.a.n.a.
Q3 202036$19.0bnn.a.n.a.
Q4 202035$19.1bnn.a.n.a.
Q1 202134$18.0bnn.a.n.a.
Q2 202129$17.3bnn.a.n.a.
Q3 202135$14.6bnn.a.n.a.
Q4 202129$18.4bnn.a.n.a.
Q1 202235$18.1bnn.a.n.a.
Q2 202233$14.7bnn.a.n.a.
Q3 202240$12.8bnn.a.n.a.
Q4 202235$11.9bnn.a.n.a.
Q1 202332$11.5bnn.a.n.a.
Q2 202333$12.4bnn.a.n.a.
Q3 202334$13.4bnn.a.n.a.
Q4 202330$15.7bn1815
Q1 202434$14.9bn1717
Q2 202432$14.0bn1914
Q3 202429$14.8bn1316
Q4 202430$13.4bn1514
Q1 202528$12.4bn1216
Q2 202537$13.0bn2612
Q3 202544$16.2bn2916
Q4 202536$17.1bn1830
Q1 202627$19.2bn2126
Q2 202627$22.1bn2025

Compare with…

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

UNP and KLAC →UNP and GE →UNP and LRCX →Choose a stock to compare with UNP →

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