Free · no sign-up · Q2 2026

Which funds own CRS

Carpenter Technology Corp in the Q2 2026 filings. At least 12 of the 91 current managers on file reported a position, worth $5.4bn 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: 11 managers trimmed or sold out against 3 buying.

Managers holding: 12; at least, of 91 current
Combined value: $5.4bn; as reported
Opened: 0; new this quarter
Added to: 3; already held
Trimmed or sold out: 11; 2 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
Fidelity (FMR LLC) Long-only · $2304bn book	$2.6bn	0.1%	4,184,698	+$876m-141,407	Trimmed
Invesco Ltd Long-only · $1264bn book	$974m	0.1%	1,579,110	+$196m-396,004	Trimmed
AQR Capital Management LLC Quantitative · $287bn book	$900m	0.3%	1,459,426	+$616m+735,006	Added
Lone Pine Capital LLC Long/short equity · $16.4bn book	$594m	3.6%	962,839	-$123m-855,101	Trimmed
Holocene Advisors LP Long/short equity · $44.4bn book	$194m	0.4%	314,483	-$22m-234,402	Trimmed
Third Point LLC Activist · $4.7bn book	$133m	2.8%	215,000	+$10m-95,000	Trimmed
Bridgewater Associates LP Macro · $24.4bn book	$30m	0.1%	48,856	+$13m+6,399	Added
Brevan Howard Capital Management LP Macro · $13.5bn book	$26m	0.2%	41,535	+$22m+31,987	Added
Polen Capital Management LLC Long-only · $11.6bn book	$4.2m	0.0%	6,756	-$700k-5,675	Trimmed
PDT Partners LLC Quantitative · $1.9bn book	$3.6m	0.2%	5,832	+$1.0m-708	Trimmed
Soros Fund Management LLC Macro · $8.1bn book	$2.7m	0.0%	4,308	-$700k-4,128	Trimmed
ARK Investment Management LLC Long-only · $15.4bn book	$100k	0.0%	178	unchanged-75	Trimmed

Sold out of this quarter

Valued at what the position was worth in the previous filing, because by this one it is gone.

Egerton Capital UK LLP · Long/short equity$525m held before
Woodline Partners LP · Long/short equity$6.4m held before

Ownership through time

At least 23 of the 95 managers whose filings are on file listed CRS in Q2 2026, against 1 in Q2 2013. 3 managers more than in Q1 2026: 5 started positions; 4 listed it again; 1 sold out, by its own filing; 5 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.

Managers on file listing it

Their combined reported value

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

Largest increases, by shares

AQR Capital Management LLC724,420 to 1,459,426 shares+$453m
MFS Investment Managementnew: 258,363 shares+$159m
Capital World Investorsnew: 212,183 shares+$131m
T. Rowe Price Associates Inc504,003 to 608,722 shares+$65m
Tudor Investment Corpnew: 37,470 shares+$23m

Largest decreases, by shares

Lone Pine Capital LLC1,817,940 to 962,839 shares-$527m
Invesco Ltd1,975,114 to 1,579,110 shares-$244m
Holocene Advisors LP548,885 to 314,483 shares-$145m
Fidelity (FMR LLC)4,326,105 to 4,184,698 shares-$87m
Third Point LLC310,000 to 215,000 shares-$59m

Left it

Egerton Capital UK LLPwas $525m

Manager	First listed	Largest	Q2 2026
Fidelity (FMR LLC)	Q3 2013	$2.6bn	$2.6bn
Invesco Ltd	Q3 2017	$974m	$974m
AQR Capital Management LLC	Q4 2025	$900m	$900m
Lone Pine Capital LLC	Q4 2025	$717m	$594m
T. Rowe Price Associates Inc	Q3 2013	$375m	$375m
Wellington Management Group LLP	Q4 2017	$312m	$312m
Holocene Advisors LP	Q3 2019	$216m	$194m
AllianceBernstein LP	Q2 2019	$182m	$182m
MFS Investment Management	Q2 2026	$159m	$159m
Third Point LLC	Q3 2024	$247m	$133m
Capital World Investors	Q2 2026	$131m	$131m
D. E. Shaw & Co.	Q2 2025	$99m	$99m
Two Sigma Investments LP	Q2 2025	$116m	$90m
Bridgewater Associates LP	Q4 2019	$48m	$30m
Brevan Howard Capital Management LP	Q4 2024	$26m	$26m
Egerton Capital UK LLP	Q1 2025	$528m	last listed Q1 2026
Neuberger Berman Group LLC	Q2 2013	$467m	last listed Q3 2015
D1 Capital Partners LP	Q1 2025	$227m	last listed Q3 2025
Jane Street Group LLC	Q2 2025	$114m	last listed Q2 2025
Point72 Asset Management LP	Q3 2014	$99m	last listed Q1 2026
Balyasny Asset Management LLC	Q4 2018	$74m	last listed Q1 2026
Freestone Grove Partners LP	Q4 2024	$69m	last listed Q2 2025
Man Group PLC	Q3 2024	$53m	last listed Q4 2025
Renaissance Technologies LLC	Q3 2014	$47m	last listed Q4 2024
Squarepoint Ops LLC	Q1 2015	$43m	last listed Q3 2025

What CRS 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 CRS →

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.

Comps ExplorerValue it against the peers it trades beside Every managerRead any of these books in full Deal tapeWhat buyers paid for whole companies, not slices Hedge fund interviewsHow the room runs, and the stock pitch it wants

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