Which funds own FN
Fabrinet in the Q2 2026 filings. At least 8 of the 91 current managers on file reported a position, worth $2.2bn 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
- 8
- at least, of 91 current
- Combined value
- $2.2bn
- as reported
- Opened
- 1
- new this quarter
- Added to
- 4
- already held
- Trimmed or sold out
- 4
- 1 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 | $1.1bn | 0.1% | 1,940,957 | -$913m-1,901,863 | Trimmed |
| Whale Rock Capital Management LLC Long/short equity · $12.5bn book | $419m | 3.4% | 744,765 | +$100m+133,499 | Added |
| Durable Capital Partners LP Long/short equity · $10.3bn book | $339m | 3.3% | 603,340 | +$226m+386,868 | Added |
| Baillie Gifford & Co Long-only · $110bn book | $233m | 0.2% | 415,079 | -$6.9m-45,417 | Trimmed |
| Tudor Investment Corp Macro · $71.9bn book | $58m | 0.1% | 103,212 | opened103,212 | New |
| Rokos Capital Management LLP Macro · $26.8bn book | $19m | 0.1% | 34,027 | -$13m-26,870 | Trimmed |
| Winton Group Ltd Quantitative · $3.1bn book | $4.7m | 0.2% | 8,405 | +$3.4m+5,881 | Added |
| Polen Capital Management LLC Long-only · $11.6bn book | $1.2m | 0.0% | 2,087 | +$200k+157 | Added |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Freestone Grove Partners LP · Multi-strategy$34m held before
Ownership through time
At least 20 of the 95 managers whose filings are on file listed FN in Q2 2026, against 1 in Q1 2014. 1 manager more than in Q1 2026: 2 started positions; 3 listed it again; 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.
- Q1 2014: 1
- Q3 2015: 2
- Q4 2015: 2
- Q1 2016: 3
- Q2 2016: 3
- Q3 2016: 4
- Q4 2016: 2
- Q1 2017: 2
- Q2 2017: 1
- Q1 2018: 1
- Q2 2018: 1
- Q3 2018: 2
- Q4 2018: 1
- Q1 2019: 2
- Q2 2019: 1
- Q3 2019: 2
- Q4 2019: 1
- Q1 2020: 3
- Q2 2020: 3
- Q3 2020: 2
- Q4 2020: 2
- Q1 2021: 4
- Q2 2021: 6
- Q3 2021: 7
- Q4 2021: 6
- Q1 2022: 7
- Q2 2022: 7
- Q3 2022: 6
- Q4 2022: 8
- Q1 2023: 7
- Q2 2023: 5
- Q3 2023: 8
- Q4 2023: 9
- Q1 2024: 10
- Q2 2024: 14
- Q3 2024: 14
- Q4 2024: 16
- Q1 2025: 17
- Q2 2025: 13
- Q3 2025: 16
- Q4 2025: 15
- Q1 2026: 19
- Q2 2026: 20
- Q1 2014: $264k
- Q3 2015: $11m
- Q4 2015: $7.4m
- Q1 2016: $54m
- Q2 2016: $69m
- Q3 2016: $66m
- Q4 2016: $37m
- Q1 2017: $39m
- Q2 2017: $38m
- Q1 2018: $33m
- Q2 2018: $52m
- Q3 2018: $20m
- Q4 2018: $5.1m
- Q1 2019: $2.3m
- Q2 2019: $27m
- Q3 2019: $35m
- Q4 2019: $12m
- Q1 2020: $13m
- Q2 2020: $17m
- Q3 2020: $41m
- Q4 2020: $58m
- Q1 2021: $141m
- Q2 2021: $188m
- Q3 2021: $315m
- Q4 2021: $381m
- Q1 2022: $385m
- Q2 2022: $246m
- Q3 2022: $281m
- Q4 2022: $481m
- Q1 2023: $280m
- Q2 2023: $279m
- Q3 2023: $504m
- Q4 2023: $933m
- Q1 2024: $1.0bn
- Q2 2024: $1.7bn
- Q3 2024: $1.2bn
- Q4 2024: $1.5bn
- Q1 2025: $1.2bn
- Q2 2025: $2.1bn
- Q3 2025: $3.6bn
- Q4 2025: $4.9bn
- Q1 2026: $5.8bn
- Q2 2026: $4.8bn
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
- Durable Capital Partners LP216,472 to 603,340 shares+$217m
- Whale Rock Capital Management LLC611,266 to 744,765 shares+$75m
- Tudor Investment Corpnew: 103,212 shares+$58m
- Neuberger Berman Group LLC99,157 to 159,878 shares+$34m
- Capital World Investors436,588 to 452,743 shares+$9.1m
Largest decreases, by shares
- T. Rowe Price Associates Inc3,842,820 to 1,940,957 shares-$1.1bn
- Fidelity (FMR LLC)2,119,302 to 1,841,854 shares-$156m
- Capital Research Global Investors342,205 to 135,585 shares-$116m
- Arrowstreet Capital LP398,650 to 202,880 shares-$110m
- Invesco Ltd1,073,283 to 897,224 shares-$99m
Left it
No manager on file is shown leaving it.
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| T. Rowe Price Associates Inc | Q3 2025 | $2.0bn | $1.1bn | |
| Fidelity (FMR LLC) | Q2 2024 | $1.1bn | $1.0bn | |
| Invesco Ltd | Q1 2026 | $560m | $504m | |
| Whale Rock Capital Management LLC | Q1 2016 | $419m | $419m | |
| Durable Capital Partners LP | Q1 2026 | $339m | $339m | |
| Jane Street Group LLC | Q2 2026 | $265m | $265m | |
| Capital World Investors | Q2 2021 | $254m | $254m | |
| Baillie Gifford & Co | Q3 2023 | $240m | $233m | |
| Janus Henderson Group Ltd | Q3 2021 | $152m | $143m | |
| Arrowstreet Capital LP | Q2 2024 | $216m | $114m | |
| Two Sigma Investments LP | Q1 2016 | $110m | $110m | |
| Neuberger Berman Group LLC | Q1 2021 | $90m | $90m | |
| Capital Research Global Investors | Q1 2018 | $418m | $76m | |
| Tudor Investment Corp | Q1 2024 | $58m | $58m | |
| Marshall Wace LLP | Q3 2015 | $47m | $47m | |
| Point72 Asset Management LP | Q2 2019 | $285m | last listed Q1 2026 | |
| Wellington Management Group LLP | Q4 2022 | $281m | last listed Q1 2026 | |
| AllianceBernstein LP | Q4 2023 | $265m | last listed Q1 2026 | |
| Citadel Advisors LLC | Q3 2025 | $222m | last listed Q3 2025 | |
| Artisan Partners LP | Q3 2020 | $134m | last listed Q4 2025 | |
| Millennium Management LLC | Q3 2024 | $106m | last listed Q3 2024 | |
| Balyasny Asset Management LLC | Q3 2019 | $91m | last listed Q2 2025 | |
| Freestone Grove Partners LP | Q1 2025 | $34m | last listed Q1 2026 | |
| Man Group PLC | Q1 2020 | $30m | last listed Q3 2024 | |
| Squarepoint Ops LLC | Q2 2024 | $27m | last listed Q2 2024 |
What FN 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 FN →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
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