Which funds own TT
Trane Technologies PLC in the Q2 2026 filings. At least 14 of the 91 current managers on file reported a position, worth $10.8bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went one way: 9 managers opened or added against 5 cutting.
- Managers holding
- 14
- at least, of 91 current
- Combined value
- $10.8bn
- as reported
- Opened
- 0
- new this quarter
- Added to
- 9
- already held
- Trimmed or sold out
- 5
- 0 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 | $5.0bn | 0.2% | 10,085,086 | +$842m+218,851 | Added |
| Wellington Management Group LLP Long-only · $580bn book | $1.0bn | 0.2% | 2,097,038 | +$78m-186,669 | Trimmed |
| Janus Henderson Group Ltd Long-only · $245bn book | $859m | 0.4% | 1,748,566 | +$76m-129,452 | Trimmed |
| AllianceBernstein LP Long-only · $302bn book | $765m | 0.3% | 1,834,853 | +$620m+1,463,000 | Added |
| MFS Investment Management Long-only · $315bn book | $752m | 0.2% | 1,518,752 | +$72m-96,312 | Trimmed |
| Capital Research Global Investors Long-only · $717bn book | $692m | 0.1% | 1,408,884 | -$85m-455,917 | Trimmed |
| AQR Capital Management LLC Quantitative · $287bn book | $515m | 0.2% | 1,056,139 | +$335m+620,181 | Added |
| Man Group PLC Quantitative · $62.7bn book | $346m | 0.6% | 703,658 | +$188m+326,150 | Added |
| Balyasny Asset Management LLC Multi-strategy · $80.2bn book | $312m | 0.4% | 635,750 | +$171m+296,408 | Added |
| Two Sigma Investments LP Quantitative · $138bn book | $184m | 0.1% | 374,581 | +$154m+303,242 | Added |
| Voloridge Investment Management LLC Quantitative · $23.5bn book | $167m | 0.7% | 340,874 | +$119m+225,701 | Added |
| Acadian Asset Management LLC Quantitative · $84.2bn book | $118m | 0.1% | 239,332 | +$5.9m-28,537 | Trimmed |
| Marshall Wace LLP Quantitative · $127bn book | $102m | 0.1% | 207,380 | +$82m+159,256 | Added |
| Schonfeld Strategic Advisors LLC Multi-strategy · $27.9bn book | $47m | 0.2% | 96,200 | +$36m+69,573 | Added |
Ownership through time
At least 25 of the 95 managers whose filings are on file listed TT in Q2 2026, against 15 in Q1 2020. 3 managers fewer than in Q1 2026: 2 listed it again; 5 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.
- Q1 2020: 15
- Q2 2020: 17
- Q3 2020: 11
- Q4 2020: 15
- Q1 2021: 12
- Q2 2021: 12
- Q3 2021: 16
- Q4 2021: 16
- Q1 2022: 21
- Q2 2022: 27
- Q3 2022: 25
- Q4 2022: 25
- Q1 2023: 19
- Q2 2023: 25
- Q3 2023: 23
- Q4 2023: 22
- Q1 2024: 21
- Q2 2024: 31
- Q3 2024: 31
- Q4 2024: 28
- Q1 2025: 26
- Q2 2025: 24
- Q3 2025: 24
- Q4 2025: 31
- Q1 2026: 28
- Q2 2026: 25
- Q1 2020: $3.0bn
- Q2 2020: $3.1bn
- Q3 2020: $4.4bn
- Q4 2020: $5.2bn
- Q1 2021: $4.9bn
- Q2 2021: $5.1bn
- Q3 2021: $4.7bn
- Q4 2021: $5.7bn
- Q1 2022: $4.4bn
- Q2 2022: $3.8bn
- Q3 2022: $4.2bn
- Q4 2022: $4.3bn
- Q1 2023: $4.4bn
- Q2 2023: $4.4bn
- Q3 2023: $4.6bn
- Q4 2023: $5.3bn
- Q1 2024: $6.3bn
- Q2 2024: $8.2bn
- Q3 2024: $9.3bn
- Q4 2024: $8.4bn
- Q1 2025: $8.1bn
- Q2 2025: $10.8bn
- Q3 2025: $10.6bn
- Q4 2025: $10.2bn
- Q1 2026: $10.6bn
- Q2 2026: $13.3bn
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
- AllianceBernstein LP371,853 to 1,834,853 shares+$610m
- AQR Capital Management LLC435,958 to 1,056,139 shares+$302m
- Man Group PLC377,508 to 703,658 shares+$160m
- Balyasny Asset Management LLC339,342 to 635,750 shares+$146m
- Voloridge Investment Management LLC115,173 to 340,874 shares+$111m
Largest decreases, by shares
- Arrowstreet Capital LP740,272 to 196,490 shares-$267m
- Capital Research Global Investors1,864,801 to 1,408,884 shares-$224m
- Wellington Management Group LLP2,283,707 to 2,097,038 shares-$92m
- Janus Henderson Group Ltd1,878,018 to 1,748,566 shares-$64m
- MFS Investment Management1,615,064 to 1,518,752 shares-$48m
Left it
No manager on file is shown leaving it.
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Fidelity (FMR LLC) | Q1 2020 | $5.0bn | $5.0bn | |
| Wellington Management Group LLP | Q1 2020 | $2.0bn | $1.0bn | |
| Janus Henderson Group Ltd | Q1 2020 | $859m | $859m | |
| AllianceBernstein LP | Q3 2020 | $765m | $765m | |
| MFS Investment Management | Q1 2020 | $1.3bn | $752m | |
| Invesco Ltd | Q1 2020 | $749m | $733m | |
| Capital Research Global Investors | Q2 2022 | $777m | $692m | |
| T. Rowe Price Associates Inc | Q1 2022 | $608m | $573m | |
| Capital World Investors | Q4 2021 | $644m | $517m | |
| AQR Capital Management LLC | Q1 2020 | $514m | $514m | |
| Man Group PLC | Q4 2021 | $346m | $346m | |
| Balyasny Asset Management LLC | Q1 2022 | $312m | $312m | |
| Citadel Advisors LLC | Q4 2022 | $362m | $306m | |
| Two Sigma Investments LP | Q2 2020 | $184m | $184m | |
| Voloridge Investment Management LLC | Q1 2020 | $167m | $167m | |
| Millennium Management LLC | Q1 2020 | $440m | last listed Q1 2026 | |
| Point72 Asset Management LP | Q2 2022 | $147m | last listed Q3 2024 | |
| Squarepoint Ops LLC | Q1 2020 | $147m | last listed Q1 2026 | |
| Holocene Advisors LP | Q2 2020 | $143m | last listed Q4 2024 | |
| Renaissance Technologies LLC | Q4 2020 | $124m | last listed Q1 2026 | |
| Jane Street Group LLC | Q2 2024 | $111m | last listed Q2 2025 | |
| D. E. Shaw & Co. | Q1 2020 | $101m | last listed Q4 2025 | |
| Two Sigma Advisers LP | Q3 2021 | $85m | last listed Q2 2025 | |
| Artisan Partners LP | Q1 2020 | $68m | last listed Q4 2024 | |
| Bridgewater Associates LP | Q2 2020 | $61m | last listed Q4 2025 |
What TT 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 TT →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.
Company names, tickers and logos are the trademarks of their respective owners and appear here to identify the company whose public figures are being used. L3VLUP is not affiliated with, sponsored by or endorsed by any company shown, and nothing here is a statement by or about that company. More
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.
One email a week, free, and you can leave at any point.