Which funds own UPS
United Parcel SVCS Inc in the Q2 2026 filings. At least 4 of the 91 current managers on file reported a position, worth $5.2bn 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
- 4
- at least, of 91 current
- Combined value
- $5.2bn
- as reported
- Opened
- 0
- new this quarter
- Added to
- 3
- already held
- Trimmed or sold out
- 4
- 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 | $3.5bn | 0.2% | 32,848,561 | +$327m+273,716 | Added |
| Capital World Investors Long-only · $846bn book | $862m | 0.1% | 8,019,194 | +$570m+5,053,555 | Added |
| AQR Capital Management LLC Quantitative · $287bn book | $398m | 0.1% | 3,713,091 | -$28m-689,222 | Trimmed |
| Marshall Wace LLP Quantitative · $127bn book | $371m | 0.3% | 3,446,393 | +$259m+2,316,549 | Added |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Renaissance Technologies LLC · Quantitative$122m held before
- Brevan Howard Capital Management LP · Macro$3.1m held before
- Acadian Asset Management LLC · Quantitative$900k held before
Ownership through time
At least 11 of the 95 managers whose filings are on file listed UPS in Q2 2026, against 20 in Q2 2013. 5 managers fewer than in Q1 2026: 1 listed it again; 2 sold out, by their own filings; 4 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: 20
- Q3 2013: 19
- Q4 2013: 20
- Q1 2014: 21
- Q2 2014: 21
- Q3 2014: 22
- Q4 2014: 15
- Q1 2015: 19
- Q2 2015: 18
- Q3 2015: 17
- Q4 2015: 17
- Q1 2016: 22
- Q2 2016: 17
- Q3 2016: 22
- Q4 2016: 25
- Q1 2017: 23
- Q2 2017: 21
- Q3 2017: 19
- Q4 2017: 21
- Q1 2018: 23
- Q2 2018: 22
- Q3 2018: 22
- Q4 2018: 19
- Q1 2019: 21
- Q2 2019: 22
- Q3 2019: 20
- Q4 2019: 22
- Q1 2020: 19
- Q2 2020: 19
- Q3 2020: 32
- Q4 2020: 20
- Q1 2021: 28
- Q2 2021: 28
- Q3 2021: 20
- Q4 2021: 28
- Q1 2022: 21
- Q2 2022: 21
- Q3 2022: 22
- Q4 2022: 16
- Q1 2023: 23
- Q2 2023: 24
- Q3 2023: 24
- Q4 2023: 26
- Q1 2024: 28
- Q2 2024: 28
- Q3 2024: 26
- Q4 2024: 32
- Q1 2025: 21
- Q2 2025: 27
- Q3 2025: 20
- Q4 2025: 18
- Q1 2026: 16
- Q2 2026: 11
- Q2 2013: $10.0bn
- Q3 2013: $10.6bn
- Q4 2013: $12.1bn
- Q1 2014: $11.0bn
- Q2 2014: $10.8bn
- Q3 2014: $9.9bn
- Q4 2014: $11.0bn
- Q1 2015: $9.4bn
- Q2 2015: $9.1bn
- Q3 2015: $9.2bn
- Q4 2015: $8.4bn
- Q1 2016: $9.1bn
- Q2 2016: $9.3bn
- Q3 2016: $9.2bn
- Q4 2016: $9.5bn
- Q1 2017: $9.2bn
- Q2 2017: $9.6bn
- Q3 2017: $10.3bn
- Q4 2017: $9.9bn
- Q1 2018: $7.8bn
- Q2 2018: $9.0bn
- Q3 2018: $9.6bn
- Q4 2018: $8.5bn
- Q1 2019: $10.1bn
- Q2 2019: $9.5bn
- Q3 2019: $10.7bn
- Q4 2019: $9.7bn
- Q1 2020: $6.5bn
- Q2 2020: $8.9bn
- Q3 2020: $15.2bn
- Q4 2020: $13.8bn
- Q1 2021: $13.4bn
- Q2 2021: $17.3bn
- Q3 2021: $14.2bn
- Q4 2021: $17.1bn
- Q1 2022: $16.8bn
- Q2 2022: $12.6bn
- Q3 2022: $10.7bn
- Q4 2022: $11.0bn
- Q1 2023: $11.7bn
- Q2 2023: $10.5bn
- Q3 2023: $8.9bn
- Q4 2023: $9.6bn
- Q1 2024: $7.7bn
- Q2 2024: $7.5bn
- Q3 2024: $7.4bn
- Q4 2024: $7.0bn
- Q1 2025: $5.9bn
- Q2 2025: $4.7bn
- Q3 2025: $3.8bn
- Q4 2025: $5.6bn
- Q1 2026: $5.7bn
- Q2 2026: $6.6bn
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
- Capital World Investors2,965,639 to 8,019,194 shares+$543m
- Marshall Wace LLP1,129,844 to 3,446,393 shares+$249m
- Fidelity (FMR LLC)32,574,845 to 32,848,561 shares+$29m
- AllianceBernstein LP836,896 to 917,876 shares+$8.0m
- Woodline Partners LP144,744 to 162,844 shares+$1.9m
Largest decreases, by shares
- Arrowstreet Capital LP3,397,979 to 1,125,047 shares-$244m
- Artisan Partners LP1,417,333 to 114,075 shares-$140m
- Invesco Ltd5,602,158 to 4,669,447 shares-$100m
- AQR Capital Management LLC4,402,313 to 3,713,091 shares-$74m
- T. Rowe Price Associates Inc3,720,603 to 3,551,678 shares-$18m
Left it
- Renaissance Technologies LLCwas $121m
- Maverick Capital Ltdwas $679k
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Fidelity (FMR LLC) | Q2 2013 | $4.5bn | $3.5bn | |
| Capital World Investors | Q2 2013 | $2.0bn | $862m | |
| Invesco Ltd | Q2 2013 | $1.9bn | $502m | |
| AQR Capital Management LLC | Q2 2013 | $516m | $398m | |
| T. Rowe Price Associates Inc | Q2 2013 | $3.6bn | $382m | |
| Marshall Wace LLP | Q2 2015 | $370m | $370m | |
| Wellington Management Group LLP | Q2 2013 | $3.5bn | $328m | |
| Arrowstreet Capital LP | Q1 2021 | $413m | $121m | |
| AllianceBernstein LP | Q2 2013 | $291m | $90m | |
| Woodline Partners LP | Q1 2024 | $19m | $18m | |
| Artisan Partners LP | Q3 2020 | $163m | $12m | |
| MFS Investment Management | Q2 2013 | $3.0bn | last listed Q2 2025 | |
| Capital Research Global Investors | Q2 2013 | $2.3bn | last listed Q1 2024 | |
| Janus Henderson Group Ltd | Q2 2013 | $1.7bn | last listed Q1 2025 | |
| Viking Global Investors LP | Q2 2023 | $1.3bn | last listed Q4 2023 | |
| Two Sigma Advisers LP | Q3 2013 | $313m | last listed Q3 2025 | |
| Citadel Advisors LLC | Q2 2017 | $271m | last listed Q4 2025 | |
| Renaissance Technologies LLC | Q2 2013 | $263m | last listed Q1 2026 | |
| Maverick Capital Ltd | Q2 2013 | $250m | last listed Q1 2026 | |
| D. E. Shaw & Co. | Q4 2013 | $240m | last listed Q3 2025 | |
| Neuberger Berman Group LLC | Q2 2013 | $231m | last listed Q1 2024 |
What UPS 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 UPS →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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