Which funds own PLD
Prologis Inc. in the Q2 2026 filings. At least 13 of the 91 current managers on file reported a position, worth $10.2bn 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
- 13
- at least, of 91 current
- Combined value
- $10.2bn
- as reported
- Opened
- 2
- new this quarter
- Added to
- 5
- already held
- Trimmed or sold out
- 7
- 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 | $2.3bn | 0.1% | 17,258,306 | +$150m+703,871 | Added |
| Capital Research Global Investors Long-only · $717bn book | $2.2bn | 0.3% | 15,915,752 | -$83m-1,024,666 | Trimmed |
| MFS Investment Management Long-only · $315bn book | $1.5bn | 0.5% | 11,217,207 | -$340m-2,846,125 | Trimmed |
| Invesco Ltd Long-only · $1264bn book | $1.4bn | 0.1% | 10,022,970 | +$84m+386,941 | Added |
| T. Rowe Price Associates Inc Long-only · $999bn book | $1.0bn | 0.1% | 7,732,377 | -$165m-1,443,554 | Trimmed |
| Wellington Management Group LLP Long-only · $580bn book | $718m | 0.1% | 5,301,623 | -$41m-444,398 | Trimmed |
| Neuberger Berman Group LLC Long-only · $150bn book | $271m | 0.2% | 2,003,203 | +$123m+882,065 | Added |
| AllianceBernstein LP Long-only · $302bn book | $269m | 0.1% | 2,037,167 | -$4.0m-103,526 | Trimmed |
| Acadian Asset Management LLC Quantitative · $84.2bn book | $246m | 0.3% | 1,818,175 | -$35m-312,991 | Trimmed |
| Marshall Wace LLP Quantitative · $127bn book | $238m | 0.2% | 1,756,306 | +$138m+997,554 | Added |
| Moore Capital Management LP Macro · $6.7bn book | $23m | 0.3% | 169,271 | +$3.0m+18,503 | Added |
| ExodusPoint Capital Management LP Multi-strategy · $15.5bn book | $21m | 0.1% | 154,208 | opened154,208 | New |
| Discovery Capital Management LLC Macro · $2.4bn book | $1.8m | 0.1% | 13,186 | opened13,186 | New |
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 23 of the 95 managers whose filings are on file listed PLD in Q2 2026, against 12 in Q2 2013. 3 managers more than in Q1 2026: 4 started positions; 2 listed it again; 3 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: 12
- Q3 2013: 11
- Q4 2013: 10
- Q1 2014: 9
- Q2 2014: 10
- Q3 2014: 15
- Q4 2014: 12
- Q1 2015: 14
- Q2 2015: 17
- Q3 2015: 11
- Q4 2015: 11
- Q1 2016: 12
- Q2 2016: 19
- Q3 2016: 14
- Q4 2016: 15
- Q1 2017: 11
- Q2 2017: 10
- Q3 2017: 10
- Q4 2017: 14
- Q1 2018: 14
- Q2 2018: 20
- Q3 2018: 16
- Q4 2018: 19
- Q1 2019: 15
- Q2 2019: 13
- Q3 2019: 16
- Q4 2019: 16
- Q1 2020: 20
- Q2 2020: 19
- Q3 2020: 15
- Q4 2020: 20
- Q1 2021: 24
- Q2 2021: 21
- Q3 2021: 21
- Q4 2021: 19
- Q1 2022: 18
- Q2 2022: 27
- Q3 2022: 28
- Q4 2022: 26
- Q1 2023: 24
- Q2 2023: 22
- Q3 2023: 21
- Q4 2023: 17
- Q1 2024: 19
- Q2 2024: 17
- Q3 2024: 16
- Q4 2024: 15
- Q1 2025: 15
- Q2 2025: 17
- Q3 2025: 20
- Q4 2025: 18
- Q1 2026: 20
- Q2 2026: 23
- Q2 2013: $2.7bn
- Q3 2013: $2.8bn
- Q4 2013: $2.6bn
- Q1 2014: $2.7bn
- Q2 2014: $2.4bn
- Q3 2014: $2.2bn
- Q4 2014: $2.4bn
- Q1 2015: $2.4bn
- Q2 2015: $2.2bn
- Q3 2015: $2.1bn
- Q4 2015: $2.2bn
- Q1 2016: $2.5bn
- Q2 2016: $3.1bn
- Q3 2016: $3.3bn
- Q4 2016: $3.1bn
- Q1 2017: $2.6bn
- Q2 2017: $3.4bn
- Q3 2017: $3.6bn
- Q4 2017: $3.7bn
- Q1 2018: $3.3bn
- Q2 2018: $3.6bn
- Q3 2018: $4.2bn
- Q4 2018: $3.5bn
- Q1 2019: $4.5bn
- Q2 2019: $6.0bn
- Q3 2019: $6.3bn
- Q4 2019: $6.8bn
- Q1 2020: $6.9bn
- Q2 2020: $7.8bn
- Q3 2020: $8.1bn
- Q4 2020: $7.5bn
- Q1 2021: $8.0bn
- Q2 2021: $9.0bn
- Q3 2021: $10.0bn
- Q4 2021: $13.4bn
- Q1 2022: $12.3bn
- Q2 2022: $9.0bn
- Q3 2022: $8.1bn
- Q4 2022: $9.4bn
- Q1 2023: $10.1bn
- Q2 2023: $9.3bn
- Q3 2023: $8.4bn
- Q4 2023: $11.0bn
- Q1 2024: $10.8bn
- Q2 2024: $9.2bn
- Q3 2024: $10.5bn
- Q4 2024: $9.1bn
- Q1 2025: $10.3bn
- Q2 2025: $9.4bn
- Q3 2025: $9.8bn
- Q4 2025: $10.6bn
- Q1 2026: $10.9bn
- Q2 2026: $11.1bn
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
- Arrowstreet Capital LPnew: 1,084,098 shares+$147m
- Marshall Wace LLP758,752 to 1,756,306 shares+$135m
- Neuberger Berman Group LLC1,121,138 to 2,003,203 shares+$119m
- Fidelity (FMR LLC)16,554,435 to 17,258,306 shares+$95m
- Invesco Ltd9,636,029 to 10,022,970 shares+$52m
Largest decreases, by shares
- MFS Investment Management14,063,332 to 11,217,207 shares-$391m
- T. Rowe Price Associates Inc9,175,931 to 7,732,377 shares-$196m
- Capital Research Global Investors16,940,418 to 15,915,752 shares-$139m
- Wellington Management Group LLP5,746,021 to 5,301,623 shares-$60m
- Acadian Asset Management LLC2,131,166 to 1,818,175 shares-$42m
Left it
No manager on file is shown leaving it.
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Fidelity (FMR LLC) | Q2 2013 | $3.9bn | $2.3bn | |
| Capital Research Global Investors | Q4 2019 | $2.2bn | $2.2bn | |
| MFS Investment Management | Q4 2018 | $2.2bn | $1.5bn | |
| Invesco Ltd | Q2 2013 | $2.1bn | $1.4bn | |
| T. Rowe Price Associates Inc | Q2 2013 | $3.3bn | $1.0bn | |
| Wellington Management Group LLP | Q3 2017 | $1.7bn | $718m | |
| Neuberger Berman Group LLC | Q2 2013 | $473m | $271m | |
| AllianceBernstein LP | Q2 2013 | $504m | $269m | |
| Acadian Asset Management LLC | Q1 2021 | $282m | $246m | |
| Marshall Wace LLP | Q1 2018 | $238m | $238m | |
| Millennium Management LLC | Q4 2013 | $198m | $198m | |
| AQR Capital Management LLC | Q2 2013 | $225m | $197m | |
| Janus Henderson Group Ltd | Q2 2013 | $456m | $155m | |
| Arrowstreet Capital LP | Q4 2017 | $147m | $147m | |
| Balyasny Asset Management LLC | Q2 2013 | $93m | $66m | |
| Capital World Investors | Q2 2013 | $974m | last listed Q2 2025 | |
| Citadel Advisors LLC | Q3 2016 | $268m | last listed Q1 2023 | |
| Susquehanna International Group LLP | Q1 2022 | $172m | last listed Q1 2022 | |
| Two Sigma Investments LP | Q4 2014 | $161m | last listed Q1 2024 | |
| Steadfast Capital Management LP | Q4 2025 | $153m | last listed Q4 2025 | |
| Renaissance Technologies LLC | Q4 2014 | $152m | last listed Q3 2022 | |
| D. E. Shaw & Co. | Q2 2013 | $129m | last listed Q1 2025 | |
| Man Group PLC | Q3 2018 | $124m | last listed Q4 2023 | |
| Voloridge Investment Management LLC | Q2 2015 | $107m | last listed Q3 2022 | |
| Jane Street Group LLC | Q2 2018 | $83m | last listed Q3 2021 |
What PLD 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 PLD →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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