Which funds own KEY
Keycorp in the Q2 2026 filings. At least 4 of the 91 current managers on file reported a position, worth $216m 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
- 4
- at least, of 91 current
- Combined value
- $216m
- as reported
- Opened
- 0
- new this quarter
- Added to
- 3
- already held
- Trimmed or sold out
- 2
- 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 |
|---|---|---|---|---|---|
| Balyasny Asset Management LLC Multi-strategy · $80.2bn book | $143m | 0.2% | 6,187,592 | +$13m-292,767 | Trimmed |
| Bridgewater Associates LP Macro · $24.4bn book | $36m | 0.1% | 1,574,882 | +$17m+609,166 | Added |
| Walleye Capital LLC Multi-strategy · $28.0bn book | $32m | 0.1% | 1,380,870 | +$24m+1,001,475 | Added |
| Winton Group Ltd Quantitative · $3.1bn book | $5.6m | 0.2% | 244,695 | +$5.4m+231,035 | 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$77m held before
Ownership through time
At least 19 of the 95 managers whose filings are on file listed KEY in Q2 2026, against 7 in Q2 2013. 3 managers more than in Q1 2026: 5 listed it again; 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 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 2013: 7
- Q3 2013: 6
- Q4 2013: 9
- Q1 2014: 11
- Q2 2014: 7
- Q3 2014: 12
- Q4 2014: 12
- Q1 2015: 9
- Q2 2015: 13
- Q3 2015: 12
- Q4 2015: 11
- Q1 2016: 17
- Q2 2016: 21
- Q3 2016: 16
- Q4 2016: 17
- Q1 2017: 18
- Q2 2017: 15
- Q3 2017: 16
- Q4 2017: 15
- Q1 2018: 16
- Q2 2018: 16
- Q3 2018: 18
- Q4 2018: 13
- Q1 2019: 12
- Q2 2019: 13
- Q3 2019: 12
- Q4 2019: 10
- Q1 2020: 12
- Q2 2020: 10
- Q3 2020: 8
- Q4 2020: 7
- Q1 2021: 15
- Q2 2021: 12
- Q3 2021: 7
- Q4 2021: 8
- Q1 2022: 4
- Q2 2022: 10
- Q3 2022: 11
- Q4 2022: 10
- Q1 2023: 5
- Q2 2023: 11
- Q3 2023: 15
- Q4 2023: 18
- Q1 2024: 17
- Q2 2024: 18
- Q3 2024: 12
- Q4 2024: 15
- Q1 2025: 16
- Q2 2025: 18
- Q3 2025: 19
- Q4 2025: 19
- Q1 2026: 16
- Q2 2026: 19
- Q2 2013: $545m
- Q3 2013: $639m
- Q4 2013: $862m
- Q1 2014: $975m
- Q2 2014: $930m
- Q3 2014: $1.0bn
- Q4 2014: $1.1bn
- Q1 2015: $1.0bn
- Q2 2015: $1.4bn
- Q3 2015: $1.3bn
- Q4 2015: $1.8bn
- Q1 2016: $866m
- Q2 2016: $1.1bn
- Q3 2016: $1.2bn
- Q4 2016: $2.2bn
- Q1 2017: $2.8bn
- Q2 2017: $2.2bn
- Q3 2017: $2.3bn
- Q4 2017: $2.1bn
- Q1 2018: $2.0bn
- Q2 2018: $2.2bn
- Q3 2018: $2.0bn
- Q4 2018: $1.1bn
- Q1 2019: $1.3bn
- Q2 2019: $1.8bn
- Q3 2019: $1.8bn
- Q4 2019: $2.1bn
- Q1 2020: $938m
- Q2 2020: $812m
- Q3 2020: $840m
- Q4 2020: $793m
- Q1 2021: $1.0bn
- Q2 2021: $877m
- Q3 2021: $933m
- Q4 2021: $869m
- Q1 2022: $624m
- Q2 2022: $548m
- Q3 2022: $669m
- Q4 2022: $689m
- Q1 2023: $162m
- Q2 2023: $275m
- Q3 2023: $720m
- Q4 2023: $1.7bn
- Q1 2024: $1.6bn
- Q2 2024: $1.7bn
- Q3 2024: $2.0bn
- Q4 2024: $2.2bn
- Q1 2025: $2.4bn
- Q2 2025: $2.8bn
- Q3 2025: $3.7bn
- Q4 2025: $3.4bn
- Q1 2026: $2.8bn
- Q2 2026: $3.3bn
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
No manager on file started a position.
Largest increases, by shares
- Fidelity (FMR LLC)46,734,944 to 50,275,640 shares+$82m
- Invesco Ltd19,235,463 to 20,889,560 shares+$38m
- T. Rowe Price Associates Inc16,693,424 to 17,946,974 shares+$29m
- Bridgewater Associates LP965,716 to 1,574,882 shares+$14m
- Capital World Investors12,239,826 to 12,826,544 shares+$14m
Largest decreases, by shares
- Wellington Management Group LLP17,164,007 to 9,213,303 shares-$183m
- Two Sigma Investments LP5,448,874 to 3,438,094 shares-$46m
- AQR Capital Management LLC7,874,172 to 6,650,295 shares-$28m
- Acadian Asset Management LLC2,654,931 to 1,583,952 shares-$25m
- Balyasny Asset Management LLC6,480,359 to 6,187,592 shares-$6.7m
Left it
- Freestone Grove Partners LPwas $77m
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Fidelity (FMR LLC) | Q4 2016 | $1.2bn | $1.2bn | |
| Invesco Ltd | Q3 2013 | $649m | $482m | |
| T. Rowe Price Associates Inc | Q2 2016 | $1.1bn | $414m | |
| Capital World Investors | Q2 2013 | $817m | $296m | |
| Wellington Management Group LLP | Q1 2018 | $680m | $212m | |
| AQR Capital Management LLC | Q2 2013 | $258m | $153m | |
| Balyasny Asset Management LLC | Q3 2013 | $180m | $143m | |
| Point72 Asset Management LP | Q3 2015 | $87m | $87m | |
| Two Sigma Investments LP | Q4 2013 | $180m | $79m | |
| Marshall Wace LLP | Q1 2017 | $66m | $66m | |
| Acadian Asset Management LLC | Q4 2021 | $53m | $37m | |
| Bridgewater Associates LP | Q2 2013 | $36m | $36m | |
| Walleye Capital LLC | Q3 2018 | $40m | $32m | |
| Man Group PLC | Q3 2018 | $27m | $27m | |
| Schonfeld Strategic Advisors LLC | Q1 2016 | $53m | $17m | |
| Capital Research Global Investors | Q2 2015 | $559m | last listed Q2 2018 | |
| Citadel Advisors LLC | Q4 2015 | $452m | last listed Q4 2023 | |
| Millennium Management LLC | Q2 2013 | $274m | last listed Q1 2025 | |
| Janus Henderson Group Ltd | Q2 2013 | $171m | last listed Q3 2017 | |
| MFS Investment Management | Q2 2013 | $157m | last listed Q3 2022 | |
| Squarepoint Ops LLC | Q1 2016 | $114m | last listed Q3 2025 | |
| Appaloosa LP | Q2 2018 | $105m | last listed Q3 2025 | |
| Two Sigma Advisers LP | Q3 2014 | $96m | last listed Q4 2025 | |
| Renaissance Technologies LLC | Q2 2013 | $88m | last listed Q4 2025 | |
| Discovery Capital Management LLC | Q1 2014 | $87m | last listed Q1 2017 |
What KEY 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 KEY →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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