L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
19 Feb 2026
latest of these filings; the earliest 10 Feb 2026
Managers listing it
22
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
38,238,836
combined, among listed positions
Reported value
$650m
combined, at the quarter end

Among the 92 comparable managers: 17 buyers (opened or added shares) and 10 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +14,764,366.

Managers listing WVE 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.

22 of 22 holders

ActionFiling
Fidelity (FMR LLC)15,135,983$257munder 0.1%Added+10,005,60917 Feb 2026 (the filing on sec.gov)
Maverick Capital Ltd9,280,237$158m1.69%Added+888,38113 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc7,407,372$126munder 0.1%Added+3,362,88017 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC883,586$15munder 0.1%Added+609,99513 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC789,964$13munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP749,448$13munder 0.1%Added+186,44417 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC722,237$12munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Millennium Management LLC584,633$9.9munder 0.1%Added+193,88417 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP378,987$6.4munder 0.1%Added+182,70717 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC378,823$6.4munder 0.1%Trimmed-351,81613 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP365,235$6.2munder 0.1%Trimmed-64,38417 Feb 2026 (the filing on sec.gov)
Woodline Partners LP350,531$6.0munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.266,132$4.5munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC236,420$4.0munder 0.1%Newnew12 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC202,721$3.4munder 0.1%Added+192,02317 Feb 2026 (the filing on sec.gov)
Invesco Ltd179,932$3.1munder 0.1%Added+38,80619 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP112,030$1.9munder 0.1%Added+19,20017 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC110,924$1.9munder 0.1%Trimmed-508,71712 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd51,700$878kunder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Man Group PLC31,418$534kunder 0.1%Trimmed-101,35317 Feb 2026 (the filing on sec.gov)
Winton Group Ltd14,700$250kunder 0.1%Newnew11 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC5,823$98kunder 0.1%Newnew10 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.

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 1 in Q2 2026

Tracked managers listing it, at least.

0246201820192020202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
WVE by quarter
QuarterHoldersReported valueBuyersSellers
Q3 20171$14mn.a.n.a.
Q4 20171$3.0mn.a.n.a.
Q1 20182$3.4mn.a.n.a.
Q2 20183$16mn.a.n.a.
Q3 20184$98mn.a.n.a.
Q4 20183$90mn.a.n.a.
Q1 20195$141mn.a.n.a.
Q2 20193$90mn.a.n.a.
Q3 20192$85mn.a.n.a.
Q4 20191$447kn.a.n.a.
Q1 20201$1.1mn.a.n.a.
Q2 20201$623kn.a.n.a.
Q3 20203$2.3mn.a.n.a.
Q4 20202$2.3mn.a.n.a.
Q1 20211$17mn.a.n.a.
Q2 20211$21mn.a.n.a.
Q3 20211$16mn.a.n.a.
Q4 20211$18mn.a.n.a.
Q1 20221$11mn.a.n.a.
Q2 20221$25mn.a.n.a.
Q3 20223$30mn.a.n.a.
Q4 20223$59mn.a.n.a.
Q1 20232$31mn.a.n.a.
Q2 20231$24mn.a.n.a.
Q3 20232$45mn.a.n.a.
Q4 20232$50m20
Q1 20242$53m02
Q2 20242$39m11
Q3 20244$103m31
Q4 20244$132m03
Q1 20252$86m20
Q2 20252$68m01
Q3 20252$70m11
Q4 20251$158m1710
Q1 20261$74m205
Q2 20261$60m1611

Compare with…

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

WVE and LLY →WVE and JNJ →WVE and VRTX →Choose a stock to compare with WVE →

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