L3VLUP
Quarter end
31 Mar 2025
the date the book describes
Filed
5 Nov 2026
latest of these filings; the earliest 2 May 2025
Managers listing it
27
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q4 2024 and Q1 2025; 23 listed it in both
Shares listed
54,000,276
combined, among listed positions
Reported value
$6.3bn
combined, at the quarter end

Among the 95 comparable managers: 14 buyers (opened or added shares) and 17 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 VST in Q1 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q4 2024, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

27 of 27 holders

ActionFiling
Fidelity (FMR LLC)17,295,403$2.0bn0.13%Trimmed-2,755,7015 Nov 2026 (the filing on sec.gov)
MFS Investment Management5,916,570$695m0.23%Trimmed-343,7932 May 2025 (the filing on sec.gov)
Lone Pine Capital LLC4,604,788$541m4.67%Trimmed-748,17715 May 2025 (the filing on sec.gov)
Invesco Ltd3,620,134$425m0.08%Added+358,28812 May 2025 (the filing on sec.gov)
Janus Henderson Group Ltd3,564,541$424m0.23%Added+293,07615 May 2025 (the filing on sec.gov)
Appaloosa LP2,300,000$270m3.22%Trimmed-400,00015 May 2025 (the filing on sec.gov)
Neuberger Berman Group LLC2,117,516$249m0.21%Trimmed-477,05827 Oct 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc1,761,882$207munder 0.1%Trimmed-310,16314 May 2025 (the filing on sec.gov)
Jane Street Group LLC1,733,563$204m0.05%Added+316,53219 May 2025 (the filing on sec.gov)
Bridgewater Associates LP1,626,251$191m0.89%Trimmed-147,24814 May 2025 (the filing on sec.gov)
Point72 Asset Management LP1,574,665$185m0.42%Added+722,95421 Jul 2025 (the filing on sec.gov)
Wellington Management Group LLP1,521,178$179munder 0.1%Trimmed-769,38413 May 2025 (the filing on sec.gov)
Susquehanna International Group LLP1,409,397$166munder 0.1%Addedn.a.14 May 2025 (the filing on sec.gov)
Renaissance Technologies LLC898,951$106m0.16%Trimmed-6,10014 May 2025 (the filing on sec.gov)
Third Point LLC850,000$100m1.52%Trimmed-150,00015 May 2025 (the filing on sec.gov)
Arrowstreet Capital LP812,636$95m0.08%Added+51,40014 May 2025 (the filing on sec.gov)
Man Group PLC616,278$72m0.18%Added+37,49215 May 2025 (the filing on sec.gov)
D. E. Shaw & Co.507,097$60m0.05%Addedn.a.15 May 2025 (the filing on sec.gov)
Rokos Capital Management LLP505,625$59m0.61%Added+21,03915 May 2025 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC225,057$26m0.16%Added+106,72515 May 2025 (the filing on sec.gov)
Tudor Investment Corp181,354$21m0.07%Added+89,42715 May 2025 (the filing on sec.gov)
Artisan Partners LP157,619$19munder 0.1%Newnew14 May 2025 (the filing on sec.gov)
Walleye Capital LLC88,345$10munder 0.1%Addedn.a.14 May 2025 (the filing on sec.gov)
ExodusPoint Capital Management LP64,782$7.6m0.08%Trimmed-6,89414 May 2025 (the filing on sec.gov)
Moore Capital Management LP24,333$2.9m0.06%Trimmed-187,20112 Aug 2025 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q4 2024 to Q1 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 31 in Q2 2026

Tracked managers listing it, at least.

010203040201820192020202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
VST by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20174$1.0bnn.a.n.a.
Q3 20178$1.2bnn.a.n.a.
Q4 201711$1.5bnn.a.n.a.
Q1 201813$1.8bnn.a.n.a.
Q2 201816$2.6bnn.a.n.a.
Q3 201810$2.3bnn.a.n.a.
Q4 201816$2.6bnn.a.n.a.
Q1 201919$3.0bnn.a.n.a.
Q2 201917$2.7bnn.a.n.a.
Q3 201917$3.1bnn.a.n.a.
Q4 201923$2.8bnn.a.n.a.
Q1 202015$1.8bnn.a.n.a.
Q2 202015$2.1bnn.a.n.a.
Q3 202016$2.0bnn.a.n.a.
Q4 202013$2.2bnn.a.n.a.
Q1 202113$1.5bnn.a.n.a.
Q2 202111$1.9bnn.a.n.a.
Q3 202111$1.3bnn.a.n.a.
Q4 202110$1.9bnn.a.n.a.
Q1 202216$1.9bnn.a.n.a.
Q2 202217$2.0bnn.a.n.a.
Q3 202212$1.7bnn.a.n.a.
Q4 202213$1.7bnn.a.n.a.
Q1 202314$1.8bnn.a.n.a.
Q2 202312$1.8bnn.a.n.a.
Q3 202315$1.9bnn.a.n.a.
Q4 202315$1.8bn88
Q1 202421$4.6bn139
Q2 202432$6.4bn2012
Q3 202429$8.1bn1416
Q4 202432$8.5bn2013
Q1 202527$6.3bn1417
Q2 202534$11.1bn2113
Q3 202531$10.8bn1715
Q4 202532$9.1bn2525
Q1 202630$7.5bn1928
Q2 202631$6.7bn2420

Compare with…

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

VST and SO →VST and D →VST and NEE →Choose a stock to compare with VST →

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