Free · no sign-up · Q2 2026

Which funds own HWM

Howmet Aerospace Inc in the Q2 2026 filings. At least 22 of the 91 current managers on file reported a position, worth $15.6bn between them. At least a fifth of the current managers on file hold it, which is a crowd without being the whole market. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.

Managers holding: 22; at least, of 91 current
Combined value: $15.6bn; as reported
Opened: 5; new this quarter
Added to: 6; already held
Trimmed or sold out: 12; 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
Fidelity (FMR LLC) Long-only · $2304bn book	$4.1bn	0.2%	15,412,294	+$508m-363,843	Trimmed
T. Rowe Price Associates Inc Long-only · $999bn book	$3.6bn	0.4%	13,504,420	+$75m-1,924,569	Trimmed
Janus Henderson Group Ltd Long-only · $245bn book	$2.1bn	0.8%	7,680,827	+$295m-74,818	Trimmed
Invesco Ltd Long-only · $1264bn book	$1.8bn	0.1%	6,851,793	+$130m-576,154	Trimmed
MFS Investment Management Long-only · $315bn book	$1.4bn	0.4%	4,971,798	-$423m-2,652,902	Trimmed
Citadel Advisors LLC Multi-strategy · $875bn book	$758m	0.1%	2,819,959	+$524m+1,802,267	Added
Capital Research Global Investors Long-only · $717bn book	$656m	0.1%	2,440,644	+$57m-159,815	Trimmed
Millennium Management LLC Multi-strategy · $276bn book	$236m	0.1%	878,165	-$83m-507,219	Trimmed
Balyasny Asset Management LLC Multi-strategy · $80.2bn book	$201m	0.3%	747,448	+$54m+109,267	Added
Polen Capital Management LLC Long-only · $11.6bn book	$123m	1.1%	457,124	opened457,124	New
Man Group PLC Quantitative · $62.7bn book	$105m	0.2%	388,923	+$30m+64,521	Added
Artisan Partners LP Long-only · $63.1bn book	$92m	0.1%	342,762	+$58m+193,956	Added
Freestone Grove Partners LP Multi-strategy · $15.6bn book	$80m	0.5%	295,623	+$37m+109,344	Added
Walleye Capital LLC Multi-strategy · $28.0bn book	$78m	0.3%	291,467	+$35m+101,540	Added
Tudor Investment Corp Macro · $71.9bn book	$59m	0.1%	217,478	+$6.4m-8,328	Trimmed
Hudson Bay Capital Management LP Multi-strategy · $36.8bn book	$38m	0.1%	141,770	opened141,770	New
Schonfeld Strategic Advisors LLC Multi-strategy · $27.9bn book	$37m	0.1%	138,628	opened138,628	New
ExodusPoint Capital Management LP Multi-strategy · $15.5bn book	$19m	0.1%	69,762	opened69,762	New
GAMCO Investors Inc Activist · $11.1bn book	$18m	0.2%	67,013	+$500k-8,792	Trimmed
PDT Partners LLC Quantitative · $1.9bn book	$9.3m	0.5%	34,579	+$900k-1,735	Trimmed
Winton Group Ltd Quantitative · $3.1bn book	$9.3m	0.3%	34,574	-$1.9m-14,049	Trimmed
Moore Capital Management LP Macro · $6.7bn book	$6.2m	0.1%	22,978	opened22,978	New

Sold out of this quarter

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

Voloridge Investment Management LLC · Quantitative$78m held before

Ownership through time

At least 37 of the 95 managers whose filings are on file listed HWM in Q2 2026, against 3 in Q1 2020. 2 managers more than in Q1 2026: 5 started positions; 1 listed it again; 1 sold out, by its own filing; 3 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

Largest increases, by shares

Citadel Advisors LLC1,017,692 to 2,819,959 shares+$485m
Jane Street Group LLC1,252,841 to 2,706,771 shares+$391m
Polen Capital Management LLCnew: 457,124 shares+$123m
Artisan Partners LP148,806 to 342,762 shares+$52m
Hudson Bay Capital Management LPnew: 141,770 shares+$38m

Largest decreases, by shares

MFS Investment Management7,624,700 to 4,971,798 shares-$724m
T. Rowe Price Associates Inc15,428,989 to 13,504,420 shares-$517m
Invesco Ltd7,427,947 to 6,851,793 shares-$155m
Millennium Management LLC1,385,384 to 878,165 shares-$136m
Fidelity (FMR LLC)15,776,137 to 15,412,294 shares-$98m

Left it

Voloridge Investment Management LLCwas $78m

Manager	First listed	Largest	Q2 2026
Fidelity (FMR LLC)	Q4 2022	$4.1bn	$4.1bn
T. Rowe Price Associates Inc	Q1 2021	$3.6bn	$3.6bn
Janus Henderson Group Ltd	Q1 2021	$2.1bn	$2.1bn
Invesco Ltd	Q2 2021	$1.8bn	$1.8bn
MFS Investment Management	Q4 2020	$2.6bn	$1.4bn
Citadel Advisors LLC	Q4 2020	$758m	$758m
Jane Street Group LLC	Q1 2026	$728m	$728m
Capital Research Global Investors	Q1 2024	$656m	$656m
AQR Capital Management LLC	Q2 2020	$244m	$244m
Millennium Management LLC	Q4 2020	$319m	$236m
Wellington Management Group LLP	Q2 2025	$316m	$208m
Balyasny Asset Management LLC	Q3 2020	$201m	$201m
Polen Capital Management LLC	Q2 2026	$123m	$123m
D. E. Shaw & Co.	Q2 2020	$124m	$116m
Man Group PLC	Q3 2025	$105m	$105m
Elliott Investment Management LP	Q2 2020	$1.5bn	last listed Q1 2025
Capital World Investors	Q2 2023	$763m	last listed Q4 2025
Farallon Capital Management LLC	Q2 2020	$526m	last listed Q3 2024
Harris Associates LP	Q1 2020	$515m	last listed Q1 2024
Lone Pine Capital LLC	Q2 2020	$335m	last listed Q4 2024
Arrowstreet Capital LP	Q3 2020	$273m	last listed Q2 2025
Steadfast Capital Management LP	Q2 2020	$204m	last listed Q2 2021
Egerton Capital UK LLP	Q4 2020	$113m	last listed Q4 2020
Two Sigma Investments LP	Q3 2022	$111m	last listed Q1 2026
Point72 Asset Management LP	Q1 2021	$82m	last listed Q2 2023

What HWM 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 HWM →

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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