L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 5 Feb 2026
Managers listing it
29
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 8 listed it in both
Shares listed
14,415,858
combined, among listed positions
Reported value
$1.0bn
combined, at the quarter end

Among the 92 comparable managers: 15 buyers (opened or added shares) and 18 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -3,622,406.

Managers listing WRB 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.

29 of 29 holders

ActionFiling
Invesco Ltd4,913,337$345munder 0.1%Added+20,53819 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd3,557,807$249m0.11%Trimmed-3,382,13917 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC1,729,041$121m0.06%Added+80,12817 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)1,269,533$89munder 0.1%Added+980,90617 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP1,038,877$73munder 0.1%Added+469,45113 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc428,246$30munder 0.1%Trimmed-10,57217 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP327,364$23munder 0.1%Trimmed-28,89317 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP298,363$21m0.16%Newnew17 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC139,187$9.8munder 0.1%Added+131,19513 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC112,250$7.9munder 0.1%Added+23,24417 Feb 2026 (the filing on sec.gov)
Man Group PLC102,970$7.2munder 0.1%Trimmed-54917 Feb 2026 (the filing on sec.gov)
GAMCO Investors Inc92,555$6.5m0.06%Added+5,0655 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp75,015$5.3munder 0.1%Added+65,43217 Feb 2026 (the filing on sec.gov)
Markel Group Inc60,750$4.3munder 0.1%Held06 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC39,035$2.7munder 0.1%Trimmed-27,24313 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC36,106$2.5munder 0.1%Added+2,68827 Oct 2026 (the filing on sec.gov)
Millennium Management LLC35,239$2.5munder 0.1%Added+13,61117 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP30,525$2.1munder 0.1%Trimmed-9,84317 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP26,553$1.9munder 0.1%Trimmed-2,47117 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP24,477$1.7munder 0.1%Trimmed-30,66217 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC18,371$1.3munder 0.1%Trimmed-1,063,59117 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC17,047$1.2munder 0.1%Added+1,10612 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP11,144$781kunder 0.1%Newnew10 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP7,725$542kunder 0.1%Trimmed-80017 Feb 2026 (the filing on sec.gov)
Holocene Advisors LP6,596$463kunder 0.1%Trimmed-380,26817 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.
9 in Q3 2024 to 11 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.
WRB by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20138$517mn.a.n.a.
Q3 20134$490mn.a.n.a.
Q4 20136$484mn.a.n.a.
Q1 20145$467mn.a.n.a.
Q2 20146$518mn.a.n.a.
Q3 20144$472mn.a.n.a.
Q4 20147$509mn.a.n.a.
Q1 20153$478mn.a.n.a.
Q2 20153$485mn.a.n.a.
Q3 20158$611mn.a.n.a.
Q4 20157$594mn.a.n.a.
Q1 20167$598mn.a.n.a.
Q2 20165$508mn.a.n.a.
Q3 20163$440mn.a.n.a.
Q4 20166$571mn.a.n.a.
Q1 20176$661mn.a.n.a.
Q2 20179$651mn.a.n.a.
Q3 20178$548mn.a.n.a.
Q4 201710$817mn.a.n.a.
Q1 201811$879mn.a.n.a.
Q2 20187$851mn.a.n.a.
Q3 20188$1.1bnn.a.n.a.
Q4 201810$1.1bnn.a.n.a.
Q1 201910$1.2bnn.a.n.a.
Q2 201911$1.3bnn.a.n.a.
Q3 201915$1.4bnn.a.n.a.
Q4 201912$1.4bnn.a.n.a.
Q1 202014$1.0bnn.a.n.a.
Q2 202013$1.1bnn.a.n.a.
Q3 20209$948mn.a.n.a.
Q4 202015$1.2bnn.a.n.a.
Q1 20218$1.1bnn.a.n.a.
Q2 202113$1.2bnn.a.n.a.
Q3 202116$1.2bnn.a.n.a.
Q4 202115$1.3bnn.a.n.a.
Q1 202213$1.7bnn.a.n.a.
Q2 202217$1.8bnn.a.n.a.
Q3 202219$1.6bnn.a.n.a.
Q4 202217$1.5bnn.a.n.a.
Q1 202321$1.4bnn.a.n.a.
Q2 202320$906mn.a.n.a.
Q3 202311$713mn.a.n.a.
Q4 20237$692m16
Q1 202410$1.1bn63
Q2 20249$1.0bn73
Q3 20249$806m91
Q4 202410$1.0bn45
Q1 202510$1.3bn55
Q2 202510$1.2bn64
Q3 202510$1.2bn37
Q4 20257$820m1518
Q1 20268$723m1514
Q2 202611$1.1bn1612

Compare with…

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

WRB and V →WRB and AXP →WRB and BAC →Choose a stock to compare with WRB →

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