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
24
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q2 2025 and Q3 2025; 20 listed it in both
Shares listed
14,080,871
combined, among listed positions
Reported value
$3.1bn
combined, at the quarter end

Among the 95 comparable managers: 12 buyers (opened or added shares) and 13 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 WM 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.

24 of 24 holders

ActionFiling
Capital Research Global Investors2,024,824$447m0.08%Added+384,15513 Nov 2025 (the filing on sec.gov)
Invesco Ltd1,849,752$408m0.06%Added+91,09713 Nov 2025 (the filing on sec.gov)
Holocene Advisors LP1,400,701$309m0.70%Added+869,45314 Nov 2025 (the filing on sec.gov)
T. Rowe Price Associates Inc1,064,112$235munder 0.1%Trimmed-23,47314 Nov 2025 (the filing on sec.gov)
Two Sigma Investments LP1,039,329$230m0.34%Added+106,00514 Nov 2025 (the filing on sec.gov)
Neuberger Berman Group LLC913,088$202m0.15%Added+31,78127 Oct 2026 (the filing on sec.gov)
Citadel Advisors LLC864,855$191munder 0.1%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Balyasny Asset Management LLC681,366$150m0.19%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Acadian Asset Management LLC593,038$131m0.23%Trimmed-19,52413 Nov 2025 (the filing on sec.gov)
Squarepoint Ops LLC536,846$119m0.12%Trimmed-179,87614 Nov 2025 (the filing on sec.gov)
Arrowstreet Capital LP473,720$105m0.07%Trimmed-561,25313 Nov 2025 (the filing on sec.gov)
Voloridge Investment Management LLC460,960$102m0.34%Added+31,07014 Nov 2025 (the filing on sec.gov)
AllianceBernstein LP396,997$88munder 0.1%Trimmed-3,02314 Nov 2025 (the filing on sec.gov)
Two Sigma Advisers LP356,900$79m0.16%Added+67,80014 Nov 2025 (the filing on sec.gov)
MFS Investment Management346,912$77munder 0.1%Added+15,50429 Oct 2025 (the filing on sec.gov)
AQR Capital Management LLC334,161$74munder 0.1%Trimmed-39,44414 Nov 2025 (the filing on sec.gov)
Walleye Capital LLC179,651$40m0.15%Trimmed-32,76914 Nov 2025 (the filing on sec.gov)
Renaissance Technologies LLC151,500$33munder 0.1%Newnew13 Nov 2025 (the filing on sec.gov)
Man Group PLC148,704$33m0.06%Trimmed-163,76514 Nov 2025 (the filing on sec.gov)
GAMCO Investors Inc132,513$29m0.28%Trimmed-5,68312 Nov 2025 (the filing on sec.gov)
Verition Fund Management LLC64,908$14m0.06%Trimmed-54,23314 Nov 2025 (the filing on sec.gov)
Bridgewater Associates LP29,609$6.5munder 0.1%Newnew13 Nov 2025 (the filing on sec.gov)
Quantbot Technologies LP18,555$4.1m0.11%Trimmed-22,91912 Nov 2025 (the filing on sec.gov)
Brevan Howard Capital Management LP17,870$3.9munder 0.1%Trimmed-43,31614 Nov 2025 (the filing on sec.gov)

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.
24 in Q3 2024 to 17 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.
WM by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20138$3.5bnn.a.n.a.
Q3 20139$3.6bnn.a.n.a.
Q4 20138$3.6bnn.a.n.a.
Q1 201410$3.4bnn.a.n.a.
Q2 201413$3.6bnn.a.n.a.
Q3 201414$3.8bnn.a.n.a.
Q4 201412$4.0bnn.a.n.a.
Q1 201516$3.9bnn.a.n.a.
Q2 201517$3.0bnn.a.n.a.
Q3 201520$3.1bnn.a.n.a.
Q4 201516$3.2bnn.a.n.a.
Q1 201618$3.5bnn.a.n.a.
Q2 201620$3.6bnn.a.n.a.
Q3 201624$2.6bnn.a.n.a.
Q4 201619$2.8bnn.a.n.a.
Q1 201720$3.1bnn.a.n.a.
Q2 201720$3.3bnn.a.n.a.
Q3 201718$3.2bnn.a.n.a.
Q4 201722$3.2bnn.a.n.a.
Q1 201822$3.0bnn.a.n.a.
Q2 201821$2.5bnn.a.n.a.
Q3 201822$2.9bnn.a.n.a.
Q4 201818$2.4bnn.a.n.a.
Q1 201919$2.4bnn.a.n.a.
Q2 201918$2.6bnn.a.n.a.
Q3 201924$2.5bnn.a.n.a.
Q4 201916$2.4bnn.a.n.a.
Q1 202024$2.1bnn.a.n.a.
Q2 202025$2.1bnn.a.n.a.
Q3 202020$2.2bnn.a.n.a.
Q4 202017$2.2bnn.a.n.a.
Q1 202115$3.4bnn.a.n.a.
Q2 202116$3.8bnn.a.n.a.
Q3 202114$3.7bnn.a.n.a.
Q4 202117$4.0bnn.a.n.a.
Q1 202219$3.1bnn.a.n.a.
Q2 202222$2.9bnn.a.n.a.
Q3 202221$2.5bnn.a.n.a.
Q4 202216$2.3bnn.a.n.a.
Q1 202321$2.9bnn.a.n.a.
Q2 202317$2.8bnn.a.n.a.
Q3 202314$2.3bnn.a.n.a.
Q4 202320$3.0bn146
Q1 202420$3.8bn813
Q2 202423$3.3bn1310
Q3 202424$3.0bn1212
Q4 202426$2.9bn1314
Q1 202522$2.9bn1114
Q2 202525$3.0bn1411
Q3 202524$3.1bn1213
Q4 202521$3.0bn1821
Q1 202613$4.2bn1125
Q2 202617$4.3bn2111

Compare with…

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

WM and GEV →WM and XOM →WM and CVX →Choose a stock to compare with WM →

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