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
10,633,754
combined, among listed positions
Reported value
$41m
combined, at the quarter end

Among the 92 comparable managers: 17 buyers (opened or added shares) and 8 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +1,169,328.

Managers listing ZIP 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
Acadian Asset Management LLC2,600,215$10munder 0.1%Added+311,02110 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC1,858,000$7.2munder 0.1%Added+47,60012 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.782,935$3.1munder 0.1%Added+92,25917 Feb 2026 (the filing on sec.gov)
Millennium Management LLC781,961$3.0munder 0.1%Trimmed-714,80617 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC757,338$3.0munder 0.1%Added+3,58312 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP581,955$2.3munder 0.1%Added+334,95617 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC533,778$2.1munder 0.1%Added+198,79017 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp513,353$2.0munder 0.1%Added+433,72717 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP478,105$1.9munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP268,200$1.0munder 0.1%Added+122,80017 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP263,792$1.0munder 0.1%Added+219,15217 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC196,858$768kunder 0.1%Added+38,78017 Feb 2026 (the filing on sec.gov)
Man Group PLC192,275$750kunder 0.1%Trimmed-28,80117 Feb 2026 (the filing on sec.gov)
Invesco Ltd168,211$656kunder 0.1%Added+34,09519 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)143,362$559kunder 0.1%Added+46,08117 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC107,929$421kunder 0.1%Trimmed-4,59913 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC93,813$366kunder 0.1%Added+6,60917 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP87,180$340kunder 0.1%Held017 Feb 2026 (the filing on sec.gov)
PDT Partners LLC80,312$313kunder 0.1%Added+17,80017 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC71,362$278kunder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc58,678$230kunder 0.1%Added+7,33917 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP14,142$55kunder 0.1%Trimmed-8,38117 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 Q1 2024 to 1 in Q2 2026

Tracked managers listing it, at least.

012342022202320242025
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
ZIP by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20212$287mn.a.n.a.
Q3 20212$265mn.a.n.a.
Q4 20212$2.8mn.a.n.a.
Q1 20222$2.0mn.a.n.a.
Q2 20222$2.9mn.a.n.a.
Q3 20222$3.9mn.a.n.a.
Q4 20222$2.1mn.a.n.a.
Q1 20232$2.7mn.a.n.a.
Q2 20232$2.4mn.a.n.a.
Q3 20233$2.8mn.a.n.a.
Q4 20233$2.5m31
Q1 20244$2.6m31
Q2 20241$961k12
Q3 20241$588k01
Q4 20241$892k10
Q1 20251$725k01
Q3 20251$9.7m10
Q4 20252$10m178
Q2 20261$88k126

Compare with…

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

ZIP and GOOGL →ZIP and META →ZIP and SPCX →Choose a stock to compare with ZIP →

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