Which funds own UL
Unilever PLC in the Q2 2026 filings. At least 6 of the 91 current managers on file reported a position, worth $2.4bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went one way: 5 managers opened or added against 2 cutting.
- Managers holding
- 6
- at least, of 91 current
- Combined value
- $2.4bn
- as reported
- Opened
- 2
- 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 |
|---|---|---|---|---|---|
| Wellington Management Group LLP Long-only · $580bn book | $2.1bn | 0.4% | 35,063,391 | -$167m-4,867,052 | Trimmed |
| D. E. Shaw & Co. Quantitative · $210bn book | $226m | 0.1% | 3,762,722 | +$218m+3,609,127 | Added |
| First Eagle Investment Management LLC Activist · $60.8bn book | $51m | 0.1% | 842,507 | +$4.7m+36,567 | Added |
| Freestone Grove Partners LP Multi-strategy · $15.6bn book | $26m | 0.2% | 423,982 | opened423,982 | New |
| Quantbot Technologies LP Quantitative · $2.5bn book | $5.7m | 0.2% | 94,264 | opened94,264 | New |
| Harris Associates LP Activist · $75.4bn book | $300k | 0.0% | 4,516 | unchanged+393 | Added |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Holocene Advisors LP · Long/short equity$14m held before
Ownership through time
At least 12 of the 95 managers whose filings are on file listed UL in Q2 2026, against 7 in Q4 2025. 3 managers more than in Q1 2026: 2 started positions; 2 listed it again; 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.
- Q4 2025: 7
- Q1 2026: 9
- Q2 2026: 12
- Q4 2025: $2.3bn
- Q1 2026: $2.6bn
- Q2 2026: $3.1bn
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
- T. Rowe Price Associates Inc3,791,862 to 8,143,219 shares+$262m
- Freestone Grove Partners LPnew: 423,982 shares+$25m
- Voloridge Investment Management LLC426,531 to 566,809 shares+$8.4m
- Quantbot Technologies LPnew: 94,264 shares+$5.7m
- First Eagle Investment Management LLC805,940 to 842,507 shares+$2.2m
Largest decreases, by shares
- Wellington Management Group LLP39,930,443 to 35,063,391 shares-$293m
- Renaissance Technologies LLC1,177,936 to 1,167,336 shares-$637k
- Baillie Gifford & Co382 to 350 shares-$2k
Left it
No manager on file is shown leaving it.
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Wellington Management Group LLP | Q4 2025 | $2.3bn | $2.1bn | |
| T. Rowe Price Associates Inc | Q4 2025 | $490m | $490m | |
| D. E. Shaw & Co. | Q2 2026 | $226m | $226m | |
| Two Sigma Investments LP | Q2 2026 | $96m | $96m | |
| Renaissance Technologies LLC | Q1 2026 | $70m | $70m | |
| First Eagle Investment Management LLC | Q4 2025 | $51m | $51m | |
| Voloridge Investment Management LLC | Q1 2026 | $34m | $34m | |
| Freestone Grove Partners LP | Q2 2026 | $25m | $25m | |
| Quantbot Technologies LP | Q2 2026 | $5.7m | $5.7m | |
| Dodge & Cox | Q4 2025 | $343k | $315k | |
| Harris Associates LP | Q1 2026 | $272k | $272k | |
| Baillie Gifford & Co | Q4 2025 | $26k | $21k | |
| Holocene Advisors LP | Q4 2025 | $14m | last listed Q1 2026 | |
| ExodusPoint Capital Management LP | Q4 2025 | $8.7m | last listed Q4 2025 |
What UL 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 UL →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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