Free · no sign-up · Q2 2026

Which funds own ESAB

Esab Corporation in the Q2 2026 filings. At least 3 of the 91 current managers on file reported a position, worth $815m between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.

Managers holding: 3; at least, of 91 current
Combined value: $815m; as reported
Opened: 1; new this quarter
Added to: 2; already held
Trimmed or sold out: 2; 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
T. Rowe Price Associates Inc Long-only · $999bn book	$802m	0.1%	8,126,296	+$158m+1,470,120	Added
Rokos Capital Management LLP Macro · $26.8bn book	$9.8m	0.0%	99,570	opened99,570	New
Caxton Associates LLP Macro · $5.3bn book	$3.5m	0.1%	35,124	+$2.0m+20,386	Added

Sold out of this quarter

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

Millennium Management LLC · Multi-strategy$87m held before
Durable Capital Partners LP · Long/short equity$3.3m held before

Ownership through time

At least 7 of the 95 managers whose filings are on file listed ESAB in Q2 2026, against 2 in Q2 2022. 1 manager more than in Q1 2026: 3 started positions; 1 sold out, by its own filing; 1 no longer listed it among the positions read, which can mean a holding below the listed range, a filing that reported no holdings, 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

Rokos Capital Management LLP$9.8m
First Eagle Investment Management LLC$5.1m
Holocene Advisors LP$4.0m

Largest increases, by shares

T. Rowe Price Associates Inc6,656,176 to 8,126,296 shares+$145m
Capital Research Global Investors618,502 to 1,862,770 shares+$123m
Rokos Capital Management LLPnew: 99,570 shares+$9.8m
First Eagle Investment Management LLCnew: 51,418 shares+$5.1m
Holocene Advisors LPnew: 40,140 shares+$4.0m

Largest decreases, by shares

Neuberger Berman Group LLC1,691,423 to 1,540,251 shares-$15m

Left it

Durable Capital Partners LPwas $3.3m

Manager	First listed	Largest	Q2 2026
T. Rowe Price Associates Inc	Q2 2022	$904m	$801m
Capital Research Global Investors	Q4 2025	$184m	$184m
Neuberger Berman Group LLC	Q1 2023	$227m	$152m
Rokos Capital Management LLP	Q2 2026	$9.8m	$9.8m
First Eagle Investment Management LLC	Q2 2026	$5.1m	$5.1m
Holocene Advisors LP	Q2 2026	$4.0m	$4.0m
Caxton Associates LLP	Q4 2025	$3.5m	$3.5m
Durable Capital Partners LP	Q1 2025	$217m	last listed Q1 2026
AllianceBernstein LP	Q4 2022	$96m	last listed Q2 2025
MFS Investment Management	Q4 2022	$51m	last listed Q3 2024
Schonfeld Strategic Advisors LLC	Q1 2025	$33m	last listed Q1 2026
Voloridge Investment Management LLC	Q3 2023	$21m	last listed Q3 2024
Markel Group Inc	Q2 2022	$21m	last listed Q1 2023
Two Sigma Investments LP	Q4 2023	$20m	last listed Q2 2024
Two Sigma Advisers LP	Q3 2023	$18m	last listed Q3 2024
Verition Fund Management LLC	Q3 2025	$15m	last listed Q3 2025
Woodline Partners LP	Q3 2025	$13m	last listed Q4 2025

What ESAB 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 ESAB →

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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