Which funds own APG
Api Group Corp in the Q2 2026 filings. At least 5 of the 91 current managers on file reported a position, worth $1.9bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went the other way: 7 managers trimmed or sold out against 3 buying.
- Managers holding
- 5
- at least, of 91 current
- Combined value
- $1.9bn
- as reported
- Opened
- 0
- new this quarter
- Added to
- 3
- already held
- Trimmed or sold out
- 7
- 5 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Janus Henderson Group Ltd Long-only · $245bn book | $999m | 0.4% | 23,581,036 | +$52m+213,995 | Added |
| Durable Capital Partners LP Long/short equity · $10.3bn book | $514m | 5.0% | 12,131,313 | -$85m-2,643,923 | Trimmed |
| Artisan Partners LP Long-only · $63.1bn book | $283m | 0.4% | 6,680,820 | +$26m+333,393 | Added |
| Third Point LLC Activist · $4.7bn book | $121m | 2.6% | 2,865,000 | +$39m+835,000 | Added |
| Davidson Kempner Capital Management LP Long/short equity · $8.4bn book | $8.5m | 0.1% | 200,000 | -$1.7m-50,000 | Trimmed |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Viking Global Investors LP · Long/short equity$237m held before
- Balyasny Asset Management LLC · Multi-strategy$25m held before
- Bridgewater Associates LP · Macro$4.8m held before
- MFS Investment Management · Long-only$3.8m held before
- Caxton Associates LLP · Macro$3.4m held before
Ownership through time
At least 15 of the 95 managers whose filings are on file listed APG in Q2 2026, against 1 in Q2 2020. 1 manager fewer than in Q1 2026: 1 started a position; 3 listed it again; 1 sold out, by its own filing; 4 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q2 2020: 1
- Q3 2020: 1
- Q4 2020: 1
- Q1 2021: 2
- Q2 2021: 2
- Q3 2021: 3
- Q4 2021: 3
- Q1 2022: 2
- Q2 2022: 1
- Q3 2022: 1
- Q4 2022: 3
- Q1 2023: 2
- Q2 2023: 4
- Q3 2023: 4
- Q4 2023: 5
- Q1 2024: 8
- Q2 2024: 12
- Q3 2024: 11
- Q4 2024: 14
- Q1 2025: 12
- Q2 2025: 13
- Q3 2025: 13
- Q4 2025: 14
- Q1 2026: 16
- Q2 2026: 15
- Q2 2020: $405m
- Q3 2020: $474m
- Q4 2020: $605m
- Q1 2021: $758m
- Q2 2021: $772m
- Q3 2021: $741m
- Q4 2021: $953m
- Q1 2022: $757m
- Q2 2022: $504m
- Q3 2022: $449m
- Q4 2022: $651m
- Q1 2023: $767m
- Q2 2023: $953m
- Q3 2023: $911m
- Q4 2023: $1.4bn
- Q1 2024: $2.0bn
- Q2 2024: $2.2bn
- Q3 2024: $1.9bn
- Q4 2024: $2.5bn
- Q1 2025: $2.6bn
- Q2 2025: $3.5bn
- Q3 2025: $3.1bn
- Q4 2025: $3.5bn
- Q1 2026: $3.2bn
- Q2 2026: $3.9bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
- Winton Group Ltd$1.2m
Largest increases, by shares
- Capital Research Global Investors4,592,561 to 6,961,228 shares+$100m
- Marshall Wace LLP1,025,934 to 1,941,548 shares+$39m
- Third Point LLC2,030,000 to 2,865,000 shares+$35m
- Artisan Partners LP6,347,427 to 6,680,820 shares+$14m
- Capital World Investors1,871,016 to 2,102,708 shares+$9.8m
Largest decreases, by shares
- Durable Capital Partners LP14,775,236 to 12,131,313 shares-$112m
- T. Rowe Price Associates Inc17,018,084 to 14,901,946 shares-$90m
- Neuberger Berman Group LLC1,686,204 to 1,195,020 shares-$21m
- Davidson Kempner Capital Management LP250,000 to 200,000 shares-$2.1m
Left it
- Viking Global Investors LPwas $237m
What APG is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around APG →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
One email a week on what moved in the market and what it means for the people interviewing into it, with the 13F changes the quarter they are filed.
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