Consumer and digital platforms
An L3VLUP-defined theme, not a standard classification
Definition
The online marketplaces, apps, social networks, streaming services and games that consumers spend money and time on.
This is our own definition. It takes SIC 5961, plus these named companies: ABNB, AMZN, APP, BABA, BKNG, CART, CPNG, CVNA, DASH, DUOL, EA, EBAY, ETSY, EXPE, GOOG, GOOGL, GRAB, JD, LYFT, MELI, META, NFLX, PDD, PINS, RBLX, RDDT, ROKU, SE, SHOP, SNAP, SPOT, TTWO, UBER. A stock may sit in several themes.
Q2 2026 against Q1 2026
- Reported value
- $1,341bn
- +$150bn on the quarter before
- Managers listing any
- 83
- -1 on the quarter before
- Stocks listed
- 50
- +0 on the quarter before
- Buyers
- 837
- manager-stock pairs opening or adding
- Sellers
- 895
- manager-stock pairs trimming or exiting
value over 8 quartersNet buying actions by quarter: +81 · +132 · +88 · +153 · +97 · +2 · -155 · -58
See it in the heatmap, ranked by breadth →
Managers listing any counts distinct comparable managers. Buyers and sellers count actions by comparable managers, once for each stock a manager moved in. Value moves with prices as well as with buying.
Largest stocks (50 in all)
By combined reported value at Q2 2026. Holders are at least counts, among listed positions.
| Stock | Holders | Value | Buyers | Sellers | Holders, 8 quarters |
|---|---|---|---|---|---|
| GOOGLAlphabet Inc | 66 | $309bn | 33 | 34 | |
| AMZNAmazon Com Inc | 72 | $305bn | 47 | 24 | |
| GOOGAlphabet Inc | 54 | $194bn | 30 | 29 | |
| METAMeta Platforms Inc | 63 | $188bn | 32 | 37 | |
| NFLXNetflix Inc. | 42 | $51.1bn | 22 | 28 | |
| BKNGBooking Holdings Inc | 41 | $35.0bn | split | split | |
| APPApplovin Corp | 38 | $29.5bn | 19 | 24 | |
| SHOPShopify Inc | 40 | $27.9bn | 23 | 19 | |
| MELIMercadolibre Inc | 44 | $23.0bn | 19 | 25 | |
| UBERUber Technologies Inc | 45 | $21.5bn | 21 | 26 | |
| CVNACarvana Co | 42 | $17.9bn | split | split | |
| DASHDoordash Inc | 39 | $16.4bn | 17 | 29 | |
| SPOTSpotify Technology S A | 45 | $14.3bn | 19 | 33 | |
| ABNBAirbnb Inc | 41 | $13.3bn | 16 | 27 | |
| SESea LTD | 38 | $13.2bn | 21 | 19 | |
| RBLXRoblox Corp | 33 | $11.0bn | 17 | 23 | |
| EAElectronic Arts Inc | 40 | $9.3bn | 22 | 19 | |
| TTWOTake-two Interactive Softwar | 35 | $6.7bn | 24 | 18 | |
| CPNGCoupang Inc | 39 | $6.6bn | 23 | 18 | |
| RDDTReddit Inc | 39 | $6.4bn | 22 | 17 | |
| PDDPDD Holdings Inc | 28 | $5.3bn | 16 | 18 | |
| WWayfair Inc | 32 | $5.0bn | 14 | 25 | |
| ROKURoku Inc | 38 | $3.6bn | 18 | 25 | |
| BABAAlibaba Group HLDG LTD | 33 | $3.4bn | 20 | 17 | |
| EBAYeBay Inc. | 28 | $3.4bn | 14 | 23 |
Managers holding its largest names
Across the 15 largest stocks above at Q2 2026: how many of them each manager lists, and their combined value. A manager can hold others below its listed range.
- Fidelity (FMR LLC)13 of 15 · $307bn
- Invesco Ltd13 of 15 · $144bn
- T. Rowe Price Associates Inc15 of 15 · $133bn
- Capital Research Global Investors13 of 15 · $118bn
- Capital World Investors13 of 15 · $104bn
- Wellington Management Group LLP12 of 15 · $46.8bn
- AllianceBernstein LP12 of 15 · $41.9bn
- Berkshire Hathaway Inc2 of 15 · $37.8bn
- Baillie Gifford & Co13 of 15 · $32.0bn
- Janus Henderson Group Ltd12 of 15 · $26.4bn
- MFS Investment Management12 of 15 · $25.3bn
- Arrowstreet Capital LP7 of 15 · $21.5bn
- Dodge & Cox7 of 15 · $20.2bn
- Neuberger Berman Group LLC10 of 15 · $14.4bn
- AQR Capital Management LLC8 of 15 · $11.2bn
- D. E. Shaw & Co.9 of 15 · $10.8bn
- Susquehanna International Group LLP8 of 15 · $8.8bn
- Coatue Management LLC9 of 15 · $8.2bn
- Acadian Asset Management LLC11 of 15 · $8.1bn
- Tiger Global Management LLC8 of 15 · $8.0bn