Which funds own KVUE
Kenvue Inc in the Q2 2026 filings. At least 17 of the 91 current managers on file reported a position, worth $6.4bn 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
- 17
- at least, of 91 current
- Combined value
- $6.4bn
- as reported
- Opened
- 0
- new this quarter
- Added to
- 9
- already held
- Trimmed or sold out
- 10
- 3 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 | $3.0bn | 0.1% | 157,051,418 | +$672m+21,958,324 | Added |
| MFS Investment Management Long-only · $315bn book | $862m | 0.3% | 44,715,586 | -$4.2m-5,028,398 | Trimmed |
| Millennium Management LLC Multi-strategy · $276bn book | $706m | 0.3% | 36,939,026 | +$158m+5,137,763 | Added |
| Starboard Value LP Activist · $4.5bn book | $522m | 12% | 27,307,632 | +$51m0 | Held |
| Balyasny Asset Management LLC Multi-strategy · $80.2bn book | $380m | 0.5% | 19,860,108 | -$44m-4,704,184 | Trimmed |
| Tudor Investment Corp Macro · $71.9bn book | $211m | 0.3% | 11,021,798 | +$19m-106,801 | Trimmed |
| Renaissance Technologies LLC Quantitative · $72.6bn book | $173m | 0.2% | 9,024,812 | +$101m+4,883,300 | Added |
| Squarepoint Ops LLC Multi-strategy · $90.5bn book | $115m | 0.1% | 6,037,153 | +$51m+2,299,870 | Added |
| Verition Fund Management LLC Multi-strategy · $19.7bn book | $87m | 0.4% | 4,541,725 | +$22m+754,768 | Added |
| Man Group PLC Quantitative · $62.7bn book | $81m | 0.1% | 4,210,418 | +$22m+834,765 | Added |
| Caxton Associates LLP Macro · $5.3bn book | $60m | 1.1% | 3,143,101 | +$2.4m-200,000 | Trimmed |
| Woodline Partners LP Long/short equity · $32.4bn book | $57m | 0.2% | 2,970,793 | +$17m+660,508 | Added |
| Soros Fund Management LLC Macro · $8.1bn book | $53m | 0.6% | 2,746,636 | -$1.9m-410,630 | Trimmed |
| Hudson Bay Capital Management LP Multi-strategy · $36.8bn book | $42m | 0.1% | 2,195,000 | -$29m-1,890,000 | Trimmed |
| ExodusPoint Capital Management LP Multi-strategy · $15.5bn book | $24m | 0.2% | 1,236,134 | +$17m+846,996 | Added |
| Brevan Howard Capital Management LP Macro · $13.5bn book | $14m | 0.1% | 744,809 | -$300k-96,439 | Trimmed |
| Maverick Capital Ltd Long/short equity · $11.3bn book | $3.3m | 0.0% | 173,991 | +$1.7m+81,982 | Added |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Capital Research Global Investors · Long-only$28m held before
- Holocene Advisors LP · Long/short equity$22m held before
- Moore Capital Management LP · Macro$1.7m held before
Ownership through time
At least 26 of the 95 managers whose filings are on file listed KVUE in Q2 2026, against 20 in Q2 2023. The same number as in Q1 2026: 2 started positions; 1 listed it again; 1 sold out, by its own filing; 2 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.
- Q2 2023: 20
- Q3 2023: 27
- Q4 2023: 21
- Q1 2024: 18
- Q2 2024: 17
- Q3 2024: 14
- Q4 2024: 12
- Q1 2025: 19
- Q2 2025: 21
- Q3 2025: 22
- Q4 2025: 24
- Q1 2026: 26
- Q2 2026: 26
- Q2 2023: $2.6bn
- Q3 2023: $9.6bn
- Q4 2023: $9.8bn
- Q1 2024: $10.3bn
- Q2 2024: $10.1bn
- Q3 2024: $14.3bn
- Q4 2024: $13.4bn
- Q1 2025: $14.5bn
- Q2 2025: $11.0bn
- Q3 2025: $7.5bn
- Q4 2025: $6.1bn
- Q1 2026: $6.8bn
- Q2 2026: $7.4bn
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
- Fidelity (FMR LLC)135,093,094 to 157,051,418 shares+$420m
- Millennium Management LLC31,801,263 to 36,939,026 shares+$98m
- Renaissance Technologies LLC4,141,512 to 9,024,812 shares+$93m
- Neuberger Berman Group LLC4,097,439 to 6,531,011 shares+$47m
- Squarepoint Ops LLC3,737,283 to 6,037,153 shares+$44m
Largest decreases, by shares
- D. E. Shaw & Co.26,282,145 to 7,616,358 shares-$357m
- Marshall Wace LLP14,148,561 to 2,328,167 shares-$226m
- MFS Investment Management49,743,984 to 44,715,586 shares-$97m
- T. Rowe Price Associates Inc19,619,916 to 14,830,845 shares-$92m
- Balyasny Asset Management LLC24,564,292 to 19,860,108 shares-$90m
Left it
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Fidelity (FMR LLC) | Q3 2023 | $3.2bn | $3.0bn | |
| MFS Investment Management | Q2 2023 | $2.3bn | $862m | |
| Millennium Management LLC | Q3 2023 | $706m | $706m | |
| Starboard Value LP | Q4 2024 | $529m | $522m | |
| Balyasny Asset Management LLC | Q4 2025 | $423m | $380m | |
| T. Rowe Price Associates Inc | Q2 2023 | $5.5bn | $283m | |
| Citadel Advisors LLC | Q2 2023 | $464m | $229m | |
| Tudor Investment Corp | Q2 2023 | $211m | $211m | |
| Renaissance Technologies LLC | Q3 2023 | $172m | $172m | |
| D. E. Shaw & Co. | Q1 2025 | $456m | $146m | |
| AllianceBernstein LP | Q3 2023 | $161m | $130m | |
| Neuberger Berman Group LLC | Q2 2023 | $221m | $125m | |
| Squarepoint Ops LLC | Q3 2025 | $115m | $115m | |
| Verition Fund Management LLC | Q2 2024 | $87m | $87m | |
| Man Group PLC | Q1 2024 | $80m | $80m | |
| Wellington Management Group LLP | Q2 2023 | $2.0bn | last listed Q3 2025 | |
| Harris Associates LP | Q1 2024 | $728m | last listed Q2 2025 | |
| Sachem Head Capital Management LP | Q2 2025 | $496m | last listed Q4 2025 | |
| Susquehanna International Group LLP | Q3 2023 | $435m | last listed Q4 2023 | |
| Invesco Ltd | Q3 2023 | $385m | last listed Q4 2025 | |
| Capital World Investors | Q2 2023 | $348m | last listed Q2 2025 | |
| Holocene Advisors LP | Q2 2023 | $321m | last listed Q1 2026 | |
| Jane Street Group LLC | Q2 2023 | $316m | last listed Q3 2025 | |
| Third Point LLC | Q1 2025 | $213m | last listed Q4 2025 | |
| Point72 Asset Management LP | Q3 2023 | $172m | last listed Q1 2024 |
What KVUE 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 KVUE →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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