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
25
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 1 listed it in both
Shares listed
18,393,220
combined, among listed positions
Reported value
$123m
combined, at the quarter end

Among the 92 comparable managers: 10 buyers (opened or added shares) and 14 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -2,361,851.

Managers listing VSTS 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.

25 of 25 holders

ActionFiling
Fidelity (FMR LLC)10,228,940$68munder 0.1%Trimmed-553,94117 Feb 2026 (the filing on sec.gov)
Millennium Management LLC1,637,811$11munder 0.1%Trimmed-1,245,56417 Feb 2026 (the filing on sec.gov)
Invesco Ltd1,300,172$8.7munder 0.1%Added+31,42819 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC1,254,037$8.4munder 0.1%Added+648,65512 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC1,071,173$7.1munder 0.1%Trimmed-761,72817 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP604,188$4.0munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC573,800$3.8munder 0.1%Added+15,66912 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC356,161$2.4munder 0.1%Trimmed-65,66117 Feb 2026 (the filing on sec.gov)
Caxton Associates LLP303,399$2.0munder 0.1%Trimmed-441,50113 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC150,154$1.0munder 0.1%Trimmed-281,49013 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC142,644$951kunder 0.1%Trimmed-80,69917 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP134,652$898kunder 0.1%Added+26,68017 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP113,955$760kunder 0.1%Trimmed-24,65017 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc101,368$677kunder 0.1%Trimmed-4,12717 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP87,900$586kunder 0.1%Trimmed-6,65017 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.86,391$576kunder 0.1%Trimmed-212,98317 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC86,246$575kunder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd57,500$384kunder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP30,752$205kunder 0.1%Trimmed-16,95717 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP29,173$195kunder 0.1%Added+2,18817 Feb 2026 (the filing on sec.gov)
Man Group PLC17,300$115kunder 0.1%Trimmed-51,65217 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC12,652$84kunder 0.1%Newnew27 Oct 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC11,742$78kunder 0.1%Trimmed-43,06417 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP1,105$7kunder 0.1%Newnew10 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC5$00.00%Newnew13 Feb 2026 (the filing on sec.gov)

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.

Exited (0)

No exit shown by a manager’s own filing.

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.
4 in Q3 2024 to 2 in Q2 2026

Tracked managers listing it, at least.

02468Q3 2023Q1 2024Q3 2024Q1 2025Q3 2025Q1 2026Q2 2026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
VSTS by quarter
QuarterHoldersReported valueBuyersSellers
Q3 20231$15mn.a.n.a.
Q4 20237$260m61
Q1 20248$219m53
Q2 20244$58m42
Q3 20244$40m32
Q4 20245$76m32
Q1 20256$57m51
Q2 20251$2.4m11
Q3 20251$3.4m10
Q4 20251$2.0m1014
Q1 20261$1.2m915
Q2 20262$2.6m1112

Compare with…

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

VSTS and PM →VSTS and KO →VSTS and COST →Choose a stock to compare with VSTS →

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