Which funds own LVS
Las Vegas Sands Corp in the Q2 2026 filings. At least 4 of the 91 current managers on file reported a position, worth $808m 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
- $808m
- as reported
- Opened
- 0
- new this quarter
- Added to
- 1
- already held
- Trimmed or sold out
- 3
- 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 |
|---|---|---|---|---|---|
| D. E. Shaw & Co. Quantitative · $210bn book | $418m | 0.2% | 9,052,131 | -$42m+514,715 | Added |
| Arrowstreet Capital LP Quantitative · $225bn book | $341m | 0.2% | 7,384,543 | -$121m-1,198,419 | Trimmed |
| Voloridge Investment Management LLC Quantitative · $23.5bn book | $48m | 0.2% | 1,030,404 | -$38m-550,018 | Trimmed |
| Dodge & Cox Activist · $191bn book | $1.3m | 0.0% | 28,186 | -$200k0 | Held |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Hudson Bay Capital Management LP · Multi-strategy$12m held before
Ownership through time
At least 13 of the 95 managers whose filings are on file listed LVS in Q2 2026, against 19 in Q2 2013. 10 managers fewer than in Q1 2026: 1 listed it again; 11 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: 19
- Q3 2013: 20
- Q4 2013: 22
- Q1 2014: 25
- Q2 2014: 24
- Q3 2014: 22
- Q4 2014: 14
- Q1 2015: 13
- Q2 2015: 13
- Q3 2015: 17
- Q4 2015: 15
- Q1 2016: 18
- Q2 2016: 13
- Q3 2016: 16
- Q4 2016: 22
- Q1 2017: 17
- Q2 2017: 20
- Q3 2017: 22
- Q4 2017: 22
- Q1 2018: 30
- Q2 2018: 24
- Q3 2018: 26
- Q4 2018: 24
- Q1 2019: 20
- Q2 2019: 28
- Q3 2019: 27
- Q4 2019: 15
- Q1 2020: 16
- Q2 2020: 21
- Q3 2020: 19
- Q4 2020: 19
- Q1 2021: 18
- Q2 2021: 21
- Q3 2021: 10
- Q4 2021: 12
- Q1 2022: 12
- Q2 2022: 19
- Q3 2022: 18
- Q4 2022: 18
- Q1 2023: 18
- Q2 2023: 20
- Q3 2023: 24
- Q4 2023: 25
- Q1 2024: 20
- Q2 2024: 22
- Q3 2024: 23
- Q4 2024: 18
- Q1 2025: 21
- Q2 2025: 16
- Q3 2025: 22
- Q4 2025: 27
- Q1 2026: 23
- Q2 2026: 13
- Q2 2013: $5.1bn
- Q3 2013: $6.8bn
- Q4 2013: $7.3bn
- Q1 2014: $6.6bn
- Q2 2014: $5.6bn
- Q3 2014: $4.8bn
- Q4 2014: $4.0bn
- Q1 2015: $4.4bn
- Q2 2015: $5.1bn
- Q3 2015: $4.1bn
- Q4 2015: $4.5bn
- Q1 2016: $5.2bn
- Q2 2016: $4.3bn
- Q3 2016: $6.2bn
- Q4 2016: $4.9bn
- Q1 2017: $5.0bn
- Q2 2017: $5.5bn
- Q3 2017: $4.9bn
- Q4 2017: $5.3bn
- Q1 2018: $5.6bn
- Q2 2018: $6.4bn
- Q3 2018: $5.4bn
- Q4 2018: $4.4bn
- Q1 2019: $5.1bn
- Q2 2019: $5.0bn
- Q3 2019: $5.3bn
- Q4 2019: $5.0bn
- Q1 2020: $2.9bn
- Q2 2020: $3.2bn
- Q3 2020: $2.8bn
- Q4 2020: $3.0bn
- Q1 2021: $3.0bn
- Q2 2021: $2.8bn
- Q3 2021: $2.6bn
- Q4 2021: $3.3bn
- Q1 2022: $3.3bn
- Q2 2022: $3.1bn
- Q3 2022: $3.6bn
- Q4 2022: $4.7bn
- Q1 2023: $5.2bn
- Q2 2023: $4.6bn
- Q3 2023: $3.4bn
- Q4 2023: $4.7bn
- Q1 2024: $5.1bn
- Q2 2024: $3.8bn
- Q3 2024: $5.4bn
- Q4 2024: $6.0bn
- Q1 2025: $3.5bn
- Q2 2025: $4.2bn
- Q3 2025: $4.5bn
- Q4 2025: $5.0bn
- Q1 2026: $3.0bn
- Q2 2026: $2.2bn
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
- Invesco Ltd7,414,801 to 8,851,302 shares+$66m
- T. Rowe Price Associates Inc10,340,174 to 11,184,424 shares+$39m
- D. E. Shaw & Co.8,537,416 to 9,052,131 shares+$24m
- Renaissance Technologies LLC1,453,095 to 1,665,995 shares+$9.8m
Largest decreases, by shares
- AQR Capital Management LLC7,551,881 to 5,804,100 shares-$81m
- Arrowstreet Capital LP8,582,962 to 7,384,543 shares-$55m
- Two Sigma Investments LP4,171,861 to 3,054,162 shares-$52m
- Voloridge Investment Management LLC1,580,422 to 1,030,404 shares-$25m
- PDT Partners LLC296,251 to 30,015 shares-$12m
Left it
No manager on file is shown leaving it.
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| T. Rowe Price Associates Inc | Q2 2013 | $2.4bn | $517m | |
| D. E. Shaw & Co. | Q3 2013 | $460m | $418m | |
| Invesco Ltd | Q2 2013 | $978m | $409m | |
| Arrowstreet Capital LP | Q1 2017 | $533m | $341m | |
| AQR Capital Management LLC | Q4 2013 | $592m | $268m | |
| Two Sigma Investments LP | Q3 2013 | $225m | $141m | |
| Renaissance Technologies LLC | Q3 2013 | $192m | $77m | |
| Voloridge Investment Management LLC | Q1 2014 | $85m | $48m | |
| Bridgewater Associates LP | Q4 2013 | $21m | $18m | |
| GAMCO Investors Inc | Q2 2013 | $69m | $2.8m | |
| PDT Partners LLC | Q2 2013 | $16m | $1.4m | |
| Dodge & Cox | Q3 2022 | $54m | $1.3m | |
| Winton Group Ltd | Q2 2017 | $10m | $1.1m | |
| Capital Research Global Investors | Q2 2013 | $3.0bn | last listed Q4 2025 | |
| Capital World Investors | Q2 2013 | $2.0bn | last listed Q4 2023 | |
| Fidelity (FMR LLC) | Q2 2013 | $1.1bn | last listed Q3 2018 | |
| Viking Global Investors LP | Q3 2013 | $876m | last listed Q3 2024 | |
| Wellington Management Group LLP | Q2 2014 | $805m | last listed Q2 2024 | |
| Janus Henderson Group Ltd | Q2 2013 | $730m | last listed Q2 2025 | |
| D1 Capital Partners LP | Q4 2018 | $721m | last listed Q3 2023 | |
| Discovery Capital Management LLC | Q2 2013 | $686m | last listed Q1 2017 | |
| Marshall Wace LLP | Q1 2014 | $532m | last listed Q3 2025 | |
| Citadel Advisors LLC | Q4 2017 | $458m | last listed Q4 2025 |
What LVS 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 LVS →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
One email a week on what moved in the market and what it means for the people interviewing into it, with the 13F changes the quarter they are filed.
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