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
36
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 16 listed it in both
Shares listed
13,070,338
combined, among listed positions
Reported value
$3.7bn
combined, at the quarter end

Among the 92 comparable managers: 19 buyers (opened or added shares) and 20 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +3,688,023.

Managers listing VMC 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.

36 of 36 holders

ActionFiling
Fidelity (FMR LLC)4,464,350$1.3bn0.06%Added+2,767,38017 Feb 2026 (the filing on sec.gov)
MFS Investment Management2,102,151$600m0.19%Trimmed-49,52322 Jan 2026 (the filing on sec.gov)
Lone Pine Capital LLC1,683,932$480m3.53%Added+299,30817 Feb 2026 (the filing on sec.gov)
Invesco Ltd996,302$284munder 0.1%Added+23,63719 Feb 2026 (the filing on sec.gov)
Egerton Capital UK LLP960,173$274m2.98%Newnew11 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP717,409$205m0.12%Added+393,33913 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC492,870$141m0.07%Trimmed-50,63017 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc204,437$58munder 0.1%Trimmed-412,73817 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC202,819$58munder 0.1%Trimmed-190,97217 Feb 2026 (the filing on sec.gov)
Davidson Kempner Capital Management LP175,000$50m0.58%Added+120,00017 Feb 2026 (the filing on sec.gov)
Millennium Management LLC170,521$49munder 0.1%Added+45,43917 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP146,310$42munder 0.1%Trimmed-17,66517 Feb 2026 (the filing on sec.gov)
Woodline Partners LP132,427$38m0.15%Added+34,92917 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC94,951$27munder 0.1%Added+88,78912 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp81,251$23munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP73,408$21munder 0.1%Added+55,04917 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP56,361$16munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC49,894$14m0.06%Added+17,99813 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP30,714$8.8m0.06%Trimmed-290,82217 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP27,259$7.8munder 0.1%Added+18,72813 Feb 2026 (the filing on sec.gov)
GAMCO Investors Inc27,095$7.7m0.07%Trimmed-4,0185 Feb 2026 (the filing on sec.gov)
Dodge & Cox24,000$6.8munder 0.1%Trimmed-10013 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.22,347$6.4munder 0.1%Trimmed-7,95317 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd20,486$5.8munder 0.1%Added+26317 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP20,400$5.8munder 0.1%Trimmed-60,33717 Feb 2026 (the filing on sec.gov)
Page 1 of 2

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.
19 in Q3 2024 to 13 in Q2 2026

Tracked managers listing it, at least.

01020302014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
VMC by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20138$1.9bnn.a.n.a.
Q3 20137$2.3bnn.a.n.a.
Q4 20138$2.6bnn.a.n.a.
Q1 201412$2.7bnn.a.n.a.
Q2 201414$2.5bnn.a.n.a.
Q3 201416$2.1bnn.a.n.a.
Q4 201414$2.4bnn.a.n.a.
Q1 201518$2.9bnn.a.n.a.
Q2 201516$2.9bnn.a.n.a.
Q3 201515$2.6bnn.a.n.a.
Q4 201513$2.5bnn.a.n.a.
Q1 201620$2.5bnn.a.n.a.
Q2 201620$2.6bnn.a.n.a.
Q3 201615$2.6bnn.a.n.a.
Q4 201617$2.7bnn.a.n.a.
Q1 201719$2.2bnn.a.n.a.
Q2 201721$3.0bnn.a.n.a.
Q3 201717$2.5bnn.a.n.a.
Q4 201719$2.9bnn.a.n.a.
Q1 201818$2.7bnn.a.n.a.
Q2 201816$3.4bnn.a.n.a.
Q3 201815$2.6bnn.a.n.a.
Q4 201819$2.3bnn.a.n.a.
Q1 201920$2.3bnn.a.n.a.
Q2 201917$2.5bnn.a.n.a.
Q3 201920$2.5bnn.a.n.a.
Q4 201915$2.3bnn.a.n.a.
Q1 202019$2.1bnn.a.n.a.
Q2 202017$2.2bnn.a.n.a.
Q3 202016$2.9bnn.a.n.a.
Q4 202016$3.1bnn.a.n.a.
Q1 202118$3.5bnn.a.n.a.
Q2 202115$3.6bnn.a.n.a.
Q3 202117$3.4bnn.a.n.a.
Q4 202114$4.2bnn.a.n.a.
Q1 202216$3.4bnn.a.n.a.
Q2 202213$2.6bnn.a.n.a.
Q3 202219$2.8bnn.a.n.a.
Q4 202217$3.0bnn.a.n.a.
Q1 202318$2.8bnn.a.n.a.
Q2 202323$4.2bnn.a.n.a.
Q3 202320$3.5bnn.a.n.a.
Q4 202313$3.8bn58
Q1 202419$4.7bn109
Q2 202419$4.3bn126
Q3 202419$3.4bn128
Q4 202416$2.8bn710
Q1 202517$2.8bn134
Q2 202519$2.1bn99
Q3 202516$2.6bn610
Q4 202517$3.1bn1920
Q1 202614$2.7bn2018
Q2 202613$3.7bn2314

Compare with…

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

VMC and LIN →VMC and GLW →VMC and HWM →Choose a stock to compare with VMC →

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