What the superinvestors bought and sold in 2025 Q2
2025 Q2
136 of 137 filedThe quarter at a glance
65 of 136 managers were net sellers. Setting price aside, they took $13.4B out, led by Communication Services (−$8.1B), while adding to Health Care (+$7.8B). AMZN was the most widely bought stock (24 bought, 13 sold); V the most widely sold (16 sold, 5 bought).
Net buyers
64 of 136 managers
65 sold more than they bought · 7 about even
Net bought
−$13.4B
Price moves taken out; prices alone moved the book +$105.9B.
Positions opened
764
636 closed out. IPOs, spin-offs and mergers left out.
Combined book, last quarter
+8.0%
SPY +10.5%,
2.4 pts behind.
Price only.
Most bought and sold
Ranked by net dollars bought or sold, with price moves taken out. Open a stock to see who.
Most bought
-
1 UNH Unitedhealth Group, Inc. 21 bought · 12 sold +$4.1B
Bought by
- David Tepper - Appaloosa added 1.1% → 11.9%
- Estuary Capital Management added 12.1% → 7.0%
- Vulcan Value Partners added 1.5% → 7.0%
- Stephen Mandel - Lone Pine Capital opened 3.8% of book
- Mairs & Power added 4.9% → 3.3%
- Samantha Mclemore - Patient Capital Management opened 2.7% of book
- Lewis Sanders - Sanders Capital added 4.1% → 2.5%
- Torray Investment Partners added 1.7% → 2.2%
and 13 more
Sold by
- Ruane, Cunniff & Goldfarb cut 7.8% → 4.1%
- Mala Gaonkar - Surgocap Partners closed was 7.0%
- David Witzke - Avidity Partners Management cut 5.0% → 2.0%
- Muhlenkamp & Co. closed was 4.3%
- Andreas Halvorsen - Viking Global Investors closed was 3.6%
- Jensen Investment Management cut 3.5% → 0.04%
- Polen Capital Management cut 1.7% → <0.01%
- David Katz - Matrix Asset Advisors closed was 1.0%
and 4 more
-
2 SPY Spdr S&P 500 ETF Tr 6 bought · 6 sold +$3.2B
Bought by
- Farallon Capital Management opened 14.7% of book
- Senator Investment Group opened 2.5% of book
- Chris James - Meritage Group opened 1.8% of book
- Mairs & Power added 0.05% → 0.17%
- Davidson Kempner Capital Management opened 0.02% of book
- Polen Capital Management added <0.01% → <0.01%
Sold by
- Jana Partners Management cut 15.6% → 15.9%
- George Soros - Soros Fund Management cut 2.6% → 0.37%
- Lewis Sanders - Sanders Capital cut 0.69% → 0.46%
- Don Yacktman - Yacktman Asset Management cut 0.03% → 0.03%
- Bill Nygren / Oakmark - Harris Associates L P cut <0.01% → <0.01%
- Cathie Wood - Ark Investment Management cut <0.01% → <0.01%
-
3 AMZN Amazon.com, Inc. 24 bought · 13 sold +$2.9B
Bought by
- Altarock Partners added 19.9% → 25.1%
- Valueact Capital - Valueact Holdings added 2.3% → 15.2%
- Chris James - Meritage Group added 8.9% → 13.6%
- Eric Mandelblatt - Soroban Capital Partners added 4.8% → 10.3%
- David Tepper - Appaloosa added 5.7% → 9.2%
- Ram Parameswaran - Octahedron Capital Management added 5.5% → 8.2%
- Stephen Mandel - Lone Pine Capital added 7.2% → 7.9%
- Dan Loeb - Third Point added 6.8% → 7.8%
and 16 more
Sold by
- Grant Wonders - Voyager Global Management cut 14.1% → 12.0%
- Polen Capital Management cut 10.6% → 9.4%
- Nehal Chopra - Ratan Capital Management cut 10.2% → 5.6%
- Ben Jacobs - Anomaly Capital Management cut 9.8% → 5.0%
- John Armitage - Egerton Capital (UK) cut 9.3% → 7.5%
- Philippe Laffont - Coatue Management cut 9.0% → 6.2%
- Alex Sacerdote - Whale Rock Capital Management cut 8.3% → 4.8%
- Christopher Davis - Davis Selected Advisers cut 3.9% → 3.8%
and 5 more
-
4 BRK.B / BRK.A Berkshire Hathaway 3 bought · 10 sold +$2.7B
Bought by
- Christopher Bloomstran - Semper Augustus Investments Group added 35.5% → 28.8%
- Gates Foundation Trust added 21.9% → 24.5%
- Andrew Steginsky - Steginsky Capital added 7.4% → 6.8%
Sold by
- Thomas Russo - Gardner Russo & Quinn cut 21.9% → 18.5%
- Tweedy, Browne Co. cut 16.1% → 14.9%
- Christopher Davis - Davis Selected Advisers cut 9.3% → 5.6%
- Torray Investment Partners cut 3.3% → 2.6%
- Don Yacktman - Yacktman Asset Management cut 2.8% → 2.3%
- Harry Burn - Sound Shore Management cut 2.7% → 1.9%
- First Eagle Investment Management cut 1.5% → 0.95%
- Robert Olstein - Olstein Capital Management cut 0.86% → 0.69%
and 2 more
-
5 NVDA Nvidia Corporation 20 bought · 10 sold +$2.3B
Bought by
- Brad Gerstner - Altimeter Capital Management added 15.6% → 18.8%
- Grant Wonders - Voyager Global Management opened 12.2% of book
- Glen Kacher - Light Street Capital Management added 9.7% → 11.4%
- Marc Stad - Dragoneer Investment Group opened 10.3% of book
- Alex Sacerdote - Whale Rock Capital Management added 3.5% → 7.9%
- Lee Ainslie - Maverick Capital added 5.4% → 7.0%
- Dan Loeb - Third Point added 2.4% → 5.8%
- Chase Coleman - Tiger Global Management added 4.5% → 5.4%
and 12 more
Sold by
- Nehal Chopra - Ratan Capital Management cut 10.3% → 6.7%
- Ram Parameswaran - Octahedron Capital Management cut 6.7% → 5.7%
- Gavin Baker - Atreides Management cut 3.6% → 3.0%
- Estuary Capital Management closed was 2.5%
- Andreas Halvorsen - Viking Global Investors cut 2.3% → 1.7%
- Davidson Kempner Capital Management cut 1.6% → 1.3%
- Murphy Pohlad - Murphy Pohlad Asset Management cut 0.27% → 0.32%
- David Katz - Matrix Asset Advisors cut 0.13% → 0.13%
and 2 more
-
6 ACN Accenture PLC Ireland 2 bought · 6 sold +$2B
Bought by
- Lewis Sanders - Sanders Capital opened 3.5% of book
- Mairs & Power added <0.01% → <0.01%
Sold by
- Jensen Investment Management cut 6.3% → 4.6%
- Ako Capital closed was 5.0%
- Polen Capital Management cut 3.1% → 2.7%
- Wallace Weitz - Weitz Investment Management cut 2.3% → 2.0%
- George Soros - Soros Fund Management cut 0.62% → 0.28%
- Ron Baron - Bamco Inc. (Baron Capital) cut 0.02% → <0.01%
-
7 AMAT Applied Matls Inc. 8 bought · 3 sold +$1.4B
Bought by
- Harry Burn - Sound Shore Management opened 2.3% of book
- Lewis Sanders - Sanders Capital opened 1.9% of book
- David Katz - Matrix Asset Advisors opened 0.95% of book
- Ben Hoskin - Value Aligned Research Advisors added 0.60% → 0.43%
- George Soros - Soros Fund Management added 0.11% → 0.19%
- Thomas Gayner - Markel Group opened 0.03% of book
- Mairs & Power added 0.01% → 0.02%
- Bill Nygren / Oakmark - Harris Associates L P opened <0.01% of book
Sold by
- Torray Investment Partners cut 1.1% → 0.84%
- Rule One Partners closed was 0.85%
- Dan Sundheim - D1 Capital Partners closed was 0.46%
-
8 CRM Salesforce Inc. 8 bought · 3 sold +$1.3B
Bought by
- Starboard Value added 4.1% → 5.9%
- Vulcan Value Partners added 3.6% → 5.3%
- Stephen Mandel - Lone Pine Capital added 4.0% → 3.6%
- Farallon Capital Management added 2.9% → 2.5%
- First Eagle Investment Management added 1.3% → 1.7%
- Ako Capital added 1.3% → 1.6%
- George Soros - Soros Fund Management added 1.4% → 1.3%
- Bill Nygren / Oakmark - Harris Associates L P added 0.15% → 1.3%
Sold by
- Hillman Capital Management cut 1.9% → 1.8%
- Cathie Wood - Ark Investment Management cut 0.20% → 0.14%
- Polen Capital Management cut <0.01% → <0.01%
-
9 IBKR Interactive Brokers Group In 6 bought · 0 sold +$1.2B
Bought by
- Bryan Lawrence - Oakcliff Capital Partners added 22.5% → 28.5%
- Robert Vinall - Rv Capital AG added 7.8% → 8.7%
- John Armitage - Egerton Capital (UK) added 3.5% → 4.6%
- William Von Mueffling - Cantillon Capital Management added 3.5% → 4.1%
- George Soros - Soros Fund Management added 0.49% → 1.6%
- Ron Baron - Bamco Inc. (Baron Capital) added 0.44% → 0.63%
Sold by
No manager sold.
-
10 Hess Hess Corp. 2 bought · 1 sold +$1.1B
Bought by
- Davidson Kempner Capital Management opened 6.0% of book
- Farallon Capital Management opened 3.5% of book
Sold by
- Dan Loeb - Third Point closed was 1.5%
Not counted as buying: 187 IPOs, spin-offs and new listings.
Most sold
-
1 AAPL Apple Inc. 10 bought · 8 sold −$5B
Sold by
- Warren Buffett - Berkshire Hathaway cut 25.8% → 22.3%
- Estuary Capital Management closed was 9.3%
- Jensen Investment Management cut 6.9% → 5.6%
- Lewis Sanders - Sanders Capital cut 4.8% → 3.6%
- Mairs & Power cut 3.1% → 2.3%
- Torray Investment Partners cut 2.0% → 1.7%
- Polen Capital Management cut 1.9% → <0.01%
- Ron Baron - Bamco Inc. (Baron Capital) cut 0.21% → <0.01%
Bought by
- Duan Yongping - H&H International Investment added 63.3% → 62.5%
- Robert Olstein - Olstein Capital Management added 0.94% → 1.00%
- Glen Kacher - Light Street Capital Management added 0.39% → 0.35%
- Kahn Brothers Group added 0.13% → 0.12%
- Francois Rochon - Giverny Capital added 0.08% → 0.12%
- George Soros - Soros Fund Management opened 0.05% of book
- Lee Ainslie - Maverick Capital opened 0.03% of book
- Murray Stahl - Horizon Kinetics Asset Management added 0.02% → 0.02%
and 2 more
-
2 GOOGL / GOOG Alphabet 18 bought · 25 sold −$3.3B
Sold by
- Bill Ackman - Pershing Square closed was 14.0%
- Eric Mandelblatt - Soroban Capital Partners cut 12.1% → 8.3%
- Altarock Partners cut 10.7% → 3.4%
- Tweedy, Browne Co. cut 9.4% → 5.5%
- David Rolfe - Wedgewood Partners cut 8.3% → 7.6%
- Chris Hohn - Tci Fund Management cut 6.4% → 5.6%
- Vulcan Value Partners cut 5.5% → 5.6%
- Jensen Investment Management cut 4.7% → 4.9%
and 17 more
Bought by
- Andrew Steginsky - Steginsky Capital added 22.5% → 24.9%
- Grant Wonders - Voyager Global Management added 20.0% → 19.1%
- Ram Parameswaran - Octahedron Capital Management added 10.1% → 13.5%
- Seth Klarman - Baupost Group added 9.3% → 11.3%
- Pat Dorsey - Dorsey Asset Management added 10.6% → 10.5%
- Lindsell Train added 0.08% → 8.4%
- Lewis Sanders - Sanders Capital added 7.8% → 8.4%
- Gavin Baker - Atreides Management added 0.89% → 4.6%
and 10 more
-
3 UBER Uber Technologies Inc. 5 bought · 9 sold −$2.9B
Sold by
- Bill Ackman - Pershing Square closed was 18.5%
- Ram Parameswaran - Octahedron Capital Management cut 11.7% → 7.7%
- Lyrical Asset Management cut 3.4% → 3.6%
- David Tepper - Appaloosa cut 2.8% → 4.0%
- Grant Wonders - Voyager Global Management closed was 1.6%
- First Pacific Advisors cut 1.4% → 1.4%
- Glenview Capital Management cut 0.79% → 0.70%
- George Soros - Soros Fund Management cut 0.69% → 0.63%
and 1 more
Bought by
- Brad Gerstner - Altimeter Capital Management added 8.3% → 8.0%
- Thomas Russo - Gardner Russo & Quinn added 3.6% → 4.9%
- Ben Jacobs - Anomaly Capital Management opened 1.6% of book
- Lee Ainslie - Maverick Capital added <0.01% → 0.03%
- Polen Capital Management opened <0.01% of book
-
4 MSFT Microsoft Corp. 17 bought · 25 sold −$2.6B
Sold by
- Gates Foundation Trust cut 25.6% → 27.3%
- Eric Mandelblatt - Soroban Capital Partners cut 21.8% → 19.0%
- Grant Wonders - Voyager Global Management cut 15.2% → 8.0%
- Chris James - Meritage Group cut 14.3% → 15.3%
- Vulcan Value Partners cut 9.8% → 11.0%
- Terry Smith - Fundsmith cut 9.2% → 10.7%
- Lewis Sanders - Sanders Capital cut 7.4% → 8.5%
- Jensen Investment Management cut 7.4% → 9.1%
and 17 more
Bought by
- Chris Hohn - Tci Fund Management added 15.0% → 17.2%
- Chase Coleman - Tiger Global Management added 8.8% → 9.6%
- John Armitage - Egerton Capital (UK) added 5.8% → 9.4%
- Brad Gerstner - Altimeter Capital Management added 7.4% → 7.6%
- Ben Jacobs - Anomaly Capital Management opened 7.4% of book
- Lee Ainslie - Maverick Capital added 2.8% → 5.6%
- Philippe Laffont - Coatue Management added 5.4% → 5.4%
- Senator Investment Group added 3.5% → 4.0%
and 9 more
-
5 META Meta Platforms Inc. 16 bought · 20 sold −$2.3B
Sold by
- Valueact Capital - Valueact Holdings cut 12.8% → 8.2%
- Nehal Chopra - Ratan Capital Management cut 11.3% → 7.3%
- Lewis Sanders - Sanders Capital cut 10.3% → 10.1%
- Terry Smith - Fundsmith cut 10.2% → 11.4%
- Stephen Mandel - Lone Pine Capital cut 8.8% → 8.7%
- Christopher Davis - Davis Selected Advisers cut 7.3% → 8.3%
- Alex Sacerdote - Whale Rock Capital Management cut 6.8% → 6.4%
- Mala Gaonkar - Surgocap Partners cut 6.0% → 5.5%
and 12 more
Bought by
- Brad Gerstner - Altimeter Capital Management added 21.3% → 20.0%
- Triple Frond Partners added 6.0% → 12.0%
- Eric Mandelblatt - Soroban Capital Partners opened 4.1% of book
- Glen Kacher - Light Street Capital Management added 3.9% → 4.1%
- Senator Investment Group added 3.1% → 3.9%
- Davidson Kempner Capital Management added 1.8% → 2.7%
- Ben Jacobs - Anomaly Capital Management opened 2.5% of book
- Glenview Capital Management added 0.64% → 2.4%
and 8 more
-
6 BN Brookfield Corp. 3 bought · 4 sold −$2.2B
Sold by
- Bill Ackman - Pershing Square closed was 18.0%
- Josh Tarasoff - Greenlea Lane Capital Management cut 17.5% → 16.6%
- Eric Mandelblatt - Soroban Capital Partners cut 6.7% → 4.5%
- Stanley Druckenmiller - Duquesne Family Office closed was 0.54%
Bought by
- Dan Loeb - Third Point added 3.4% → 3.8%
- Stephen Mandel - Lone Pine Capital opened 2.5% of book
- Ron Baron - Bamco Inc. (Baron Capital) added 0.31% → 0.42%
-
7 CVNA Carvana Co. 2 bought · 11 sold −$2B
Sold by
- Josh Kushner - Thrive Capital Management cut 80.5% → 32.4%
- Clifford Sosin - Cas Investment Partners cut 77.2% → 80.8%
- Robert Vinall - Rv Capital AG cut 25.3% → 31.8%
- Ram Parameswaran - Octahedron Capital Management cut 7.1% → 2.9%
- Senator Investment Group cut 4.6% → 2.1%
- Stephen Mandel - Lone Pine Capital cut 4.2% → 4.2%
- Alex Sacerdote - Whale Rock Capital Management cut 4.2% → 2.7%
- Henry Ellenbogen - Durable Capital Partners cut 3.6% → 2.3%
and 3 more
Bought by
- Philippe Laffont - Coatue Management added 0.49% → 1.7%
- Polen Capital Management opened 0.01% of book
-
8 CP Canadian Pacific Kansas City 3 bought · 6 sold −$2B
Sold by
- Sarah Ketterer - Causeway Capital Management cut 25.2% → 18.4%
- Chris Hohn - Tci Fund Management cut 8.9% → 8.3%
- Bill Ackman - Pershing Square closed was 8.7%
- Chris James - Meritage Group closed was 7.3%
- Dan Sundheim - D1 Capital Partners closed was 2.5%
- George Soros - Soros Fund Management cut 0.62% → 0.30%
Bought by
- John Armitage - Egerton Capital (UK) added 3.4% → 3.7%
- William Von Mueffling - Cantillon Capital Management added 1.6% → 1.9%
- Lindsell Train added 0.02% → 0.02%
-
9 INTU Intuit 9 bought · 8 sold −$1.8B
Sold by
- Dennis Hong - Shawspring Partners cut 14.1% → 13.8%
- Lindsell Train cut 12.6% → 12.4%
- Marc Stad - Dragoneer Investment Group closed was 8.3%
- Stephen Mandel - Lone Pine Capital cut 7.4% → 4.3%
- Jensen Investment Management cut 5.6% → 5.8%
- Dev Kantesaria - Valley Forge Capital Management cut 4.2% → 4.6%
- Andreas Halvorsen - Viking Global Investors closed was 3.3%
- Farallon Capital Management cut 2.9% → 1.8%
Bought by
- Mala Gaonkar - Surgocap Partners opened 8.0% of book
- Ako Capital added 4.4% → 6.7%
- Henry Ellenbogen - Durable Capital Partners added 3.8% → 4.7%
- Ben Jacobs - Anomaly Capital Management opened 4.4% of book
- Philippe Laffont - Coatue Management added 1.8% → 2.3%
- Terry Smith - Fundsmith added 0.51% → 1.3%
- Alex Sacerdote - Whale Rock Capital Management opened 0.95% of book
- Lee Ainslie - Maverick Capital opened 0.03% of book
and 1 more
-
10 WMB The Williams Co., Inc. 0 bought · 1 sold −$1.6B
Sold by
- Dodge & Cox cut 0.89% → 0.04%
Bought by
No manager bought.
Not counted as selling: 161 mergers and delistings.
Ranked by dollars, single large books set the order: 3 of these 20 names were traded by one or two managers.
Opened and closed
New positions started from zero, and positions sold down to zero. IPOs, spin-offs and mergers are left out.
Opened by the most managers
-
SE Sea Ltd 8 managers avg 1.6% of book · Glen Kacher - Light Street Capital Management, Alex Sacerdote - Whale Rock Capital Management and 6 more
Opened by
- Glen Kacher - Light Street Capital Management opened 3.9% of book
- Alex Sacerdote - Whale Rock Capital Management opened 3.1% of book
- Ben Jacobs - Anomaly Capital Management opened 2.7% of book
- Gavin Baker - Atreides Management opened 1.5% of book
- Stanley Druckenmiller - Duquesne Family Office opened 1.2% of book
- Howard Marks - Oaktree Capital Management opened 0.23% of book
- Dan Loeb - Third Point opened 0.10% of book
- Polen Capital Management opened 0.04% of book
-
NVDA Nvidia Corporation 6 managers avg 4.3% of book · Grant Wonders - Voyager Global Management, Marc Stad - Dragoneer Investment Group and 4 more
Opened by
- Grant Wonders - Voyager Global Management opened 12.2% of book
- Marc Stad - Dragoneer Investment Group opened 10.3% of book
- Jensen Investment Management opened 3.2% of book
- Christopher Davis - Davis Selected Advisers opened 0.08% of book
- Torray Investment Partners opened 0.05% of book
- Polen Capital Management opened <0.01% of book
-
META Meta Platforms Inc. 6 managers avg 1.6% of book · Eric Mandelblatt - Soroban Capital Partners, Ben Jacobs - Anomaly Capital Management and 4 more
Opened by
- Eric Mandelblatt - Soroban Capital Partners opened 4.1% of book
- Ben Jacobs - Anomaly Capital Management opened 2.5% of book
- Jensen Investment Management opened 1.8% of book
- Dan Loeb - Third Point opened 1.5% of book
- Steven Check - Check Capital Management opened <0.01% of book
- Glenn Greenberg - Brave Warrior Advisors opened <0.01% of book
-
GOOGL / GOOG Alphabet 6 managers avg 1.5% of book · Ben Jacobs - Anomaly Capital Management, Harry Burn - Sound Shore Management and 4 more
Opened by
- Ben Jacobs - Anomaly Capital Management opened 3.9% of book
- Harry Burn - Sound Shore Management opened 2.6% of book
- Kahn Brothers Group opened 1.3% of book
- Robert Vinall - Rv Capital AG opened 1.1% of book
- John Paulson - Paulson & Co. opened 0.08% of book
- Lee Ainslie - Maverick Capital opened 0.07% of book
-
AVGO Broadcom Inc. 6 managers avg 0.21% of book · Stanley Druckenmiller - Duquesne Family Office, Ram Parameswaran - Octahedron Capital Management and 4 more
Opened by
- Stanley Druckenmiller - Duquesne Family Office opened 0.58% of book
- Ram Parameswaran - Octahedron Capital Management opened 0.53% of book
- Murphy Pohlad - Murphy Pohlad Asset Management opened 0.11% of book
- David Katz - Matrix Asset Advisors opened 0.03% of book
- Murray Stahl - Horizon Kinetics Asset Management opened <0.01% of book
- Bill Nygren / Oakmark - Harris Associates L P opened <0.01% of book
-
INTU Intuit 5 managers avg 2.7% of book · Mala Gaonkar - Surgocap Partners, Ben Jacobs - Anomaly Capital Management and 3 more
Opened by
- Mala Gaonkar - Surgocap Partners opened 8.0% of book
- Ben Jacobs - Anomaly Capital Management opened 4.4% of book
- Alex Sacerdote - Whale Rock Capital Management opened 0.95% of book
- Lee Ainslie - Maverick Capital opened 0.03% of book
- Bill Nygren / Oakmark - Harris Associates L P opened <0.01% of book
-
BLDR Builders Firstsource Inc. 5 managers avg 1.7% of book · Alex Roepers - Atlantic Investment Management, Gavin Baker - Atreides Management and 3 more
Opened by
- Alex Roepers - Atlantic Investment Management opened 7.1% of book
- Gavin Baker - Atreides Management opened 1.0% of book
- John Armitage - Egerton Capital (UK) opened 0.31% of book
- Stanley Druckenmiller - Duquesne Family Office opened 0.24% of book
- Ron Baron - Bamco Inc. (Baron Capital) opened 0.02% of book
-
UNH Unitedhealth Group, Inc. 5 managers avg 1.5% of book · Stephen Mandel - Lone Pine Capital, Samantha Mclemore - Patient Capital Management and 3 more
Opened by
- Stephen Mandel - Lone Pine Capital opened 3.8% of book
- Samantha Mclemore - Patient Capital Management opened 2.7% of book
- Warren Buffett - Berkshire Hathaway opened 0.61% of book
- Don Yacktman - Yacktman Asset Management opened 0.54% of book
- Tweedy, Browne Co. opened 0.03% of book
-
AMAT Applied Matls Inc. 5 managers avg 1.0% of book · Harry Burn - Sound Shore Management, Lewis Sanders - Sanders Capital and 3 more
Opened by
- Harry Burn - Sound Shore Management opened 2.3% of book
- Lewis Sanders - Sanders Capital opened 1.9% of book
- David Katz - Matrix Asset Advisors opened 0.95% of book
- Thomas Gayner - Markel Group opened 0.03% of book
- Bill Nygren / Oakmark - Harris Associates L P opened <0.01% of book
-
TMO Thermo Fisher Scientific Inc. 5 managers avg 0.56% of book · Glenview Capital Management, Robert Olstein - Olstein Capital Management and 3 more
Opened by
- Glenview Capital Management opened 1.1% of book
- Robert Olstein - Olstein Capital Management opened 0.61% of book
- First Pacific Advisors opened 0.51% of book
- Murphy Pohlad - Murphy Pohlad Asset Management opened 0.44% of book
- Stanley Druckenmiller - Duquesne Family Office opened 0.12% of book
Closed out by the most managers
-
UNH Unitedhealth Group, Inc. 6 managers was avg 2.8% of book · Mala Gaonkar - Surgocap Partners, Muhlenkamp & Co. and 4 more
Closed by
- Mala Gaonkar - Surgocap Partners closed was 7.0%
- Muhlenkamp & Co. closed was 4.3%
- Andreas Halvorsen - Viking Global Investors closed was 3.6%
- David Katz - Matrix Asset Advisors closed was 1.0%
- David Rolfe - Wedgewood Partners closed was 0.64%
- Ron Baron - Bamco Inc. (Baron Capital) closed was 0.09%
-
TTAN Servicetitan Inc. 5 managers was avg 0.27% of book · Chase Coleman - Tiger Global Management, Henry Ellenbogen - Durable Capital Partners and 3 more
Closed by
- Chase Coleman - Tiger Global Management closed was 0.47%
- Henry Ellenbogen - Durable Capital Partners closed was 0.44%
- Philippe Laffont - Coatue Management closed was 0.26%
- Lee Ainslie - Maverick Capital closed was 0.12%
- Brad Gerstner - Altimeter Capital Management closed was 0.08%
-
GOOGL / GOOG Alphabet 4 managers was avg 5.6% of book · Bill Ackman - Pershing Square, Alex Sacerdote - Whale Rock Capital Management and 2 more
Closed by
- Bill Ackman - Pershing Square closed was 14.0%
- Alex Sacerdote - Whale Rock Capital Management closed was 4.7%
- Rule One Partners closed was 3.8%
- Mason Hawkins - Southeastern Asset Management closed was 0.05%
-
Lgi Homes Lgi Homes Inc. 4 managers was avg 0.55% of book · Bryan Lawrence - Oakcliff Capital Partners, Ben Jacobs - Anomaly Capital Management and 2 more
Closed by
- Bryan Lawrence - Oakcliff Capital Partners closed was 1.8%
- Ben Jacobs - Anomaly Capital Management closed was 0.42%
- First Eagle Investment Management closed was 0.02%
- Polen Capital Management closed was <0.01%
-
JD Jd.com, Inc. 4 managers was avg 0.25% of book · Howard Marks - Oaktree Capital Management, George Soros - Soros Fund Management and 2 more
Closed by
- Howard Marks - Oaktree Capital Management closed was 0.76%
- George Soros - Soros Fund Management closed was 0.11%
- Ron Baron - Bamco Inc. (Baron Capital) closed was 0.11%
- Philippe Laffont - Coatue Management closed was 0.02%
-
CP Canadian Pacific Kansas City 3 managers was avg 6.2% of book · Bill Ackman - Pershing Square, Chris James - Meritage Group and 1 more
Closed by
- Bill Ackman - Pershing Square closed was 8.7%
- Chris James - Meritage Group closed was 7.3%
- Dan Sundheim - D1 Capital Partners closed was 2.5%
-
QSR Restaurant Brands Intl Inc. 3 managers was avg 4.4% of book · Bill Ackman - Pershing Square, Davidson Kempner Capital Management and 1 more
Closed by
- Bill Ackman - Pershing Square closed was 12.8%
- Davidson Kempner Capital Management closed was 0.18%
- Dan Sundheim - D1 Capital Partners closed was 0.09%
-
LLY Eli Lilly & Co. 3 managers was avg 3.5% of book · John Armitage - Egerton Capital (UK), Stephen Mandel - Lone Pine Capital and 1 more
Closed by
- John Armitage - Egerton Capital (UK) closed was 4.7%
- Stephen Mandel - Lone Pine Capital closed was 3.9%
- Senator Investment Group closed was 1.9%
-
META Meta Platforms Inc. 3 managers was avg 2.7% of book · Estuary Capital Management, Lee Ainslie - Maverick Capital and 1 more
Closed by
- Estuary Capital Management closed was 5.3%
- Lee Ainslie - Maverick Capital closed was 1.8%
- Ram Parameswaran - Octahedron Capital Management closed was 0.88%
-
MSFT Microsoft Corp. 3 managers was avg 2.4% of book · Gavin Baker - Atreides Management, Leon Cooperman - Omega Advisors and 1 more
Closed by
- Gavin Baker - Atreides Management closed was 4.8%
- Leon Cooperman - Omega Advisors closed was 1.6%
- Andreas Halvorsen - Viking Global Investors closed was 0.82%
Where the money went
Net bought by sector, with price moves taken out. Pick a sector to see its names.
- Health Care 10.4% weight · −0.6 pts +$7.8B 43 bought · 26 sold
- Materials 2.2% weight · +0.2 pts +$1.9B 15 bought · 17 sold
- Utilities 1.2% weight · +0.1 pts +$550M 9 bought · 15 sold
- Energy 5.1% weight · −1.0 pts −$355M 20 bought · 15 sold
- Consumer Discretionary 10.0% weight · +0.4 pts −$1.6B 50 bought · 40 sold
- Consumer Staples 5.7% weight · −0.6 pts −$2B 12 bought · 27 sold
- Financials 22.8% weight · +0.3 pts −$2.2B 42 bought · 51 sold
- Real Estate 1.8% weight · −0.3 pts −$2.7B 10 bought · 11 sold
- Information Technology 21.6% weight · +1.2 pts −$3.4B 35 bought · 48 sold
- Industrials 10.5% weight · +0.2 pts −$6.4B 35 bought · 39 sold
- Communication Services 8.8% weight · +0.2 pts −$8.1B 27 bought · 46 sold
Information Technology gained weight (+1.2 pts) even though managers sold $3.4B of it: weight follows price, not buying. Names without a sector (funds, foreign listings, private shares): +$3.2B.
Who moved the most
The biggest new positions, measured against each manager’s own book, and the managers that traded the most of theirs.
Biggest new bets
- Li Lu - Himalaya Capital Management opened PDD · Pdd Holdings Inc. 17.9% of book
- Norbert Lou - Punch Card Management opened CROX · Crocs Inc. 17.4% of book
- Eric Khrom - Khrom Capital Management opened AMCR · Amcor PLC 15.0% of book
- Farallon Capital Management opened SPY · Spdr S&P 500 ETF Tr 14.7% of book
- Grant Wonders - Voyager Global Management opened NVDA · Nvidia Corporation 12.2% of book
- Dennis Hong - Shawspring Partners opened OKTA · Okta Inc. 12.0% of book
Most active managers
- Josh Kushner - Thrive Capital Management 0 opened · 0 closed · −$688M net 117% of book traded
- Ben Jacobs - Anomaly Capital Management 14 opened · 10 closed · +$724M net 112% of book traded
- Bill Ackman - Pershing Square 0 opened · 9 closed · −$12.8B net 108% of book traded
- Gavin Baker - Atreides Management 15 opened · 10 closed · −$189M net 104% of book traded
- Estuary Capital Management 5 opened · 6 closed · +$94M net 102% of book traded
- Spencer Waxman - Shannon River Fund Management 10 opened · 1 closed · +$231M net 100% of book traded
What they hold
Most owned counts managers, with the change since last quarter. Largest is the share of the combined book, by dollars, so the biggest books lead it. Highest conviction is the average position among holders, three or more.
Most owned
- 1 GOOGL / GOOG Alphabet 67 managers +2
- 2 MSFT Microsoft Corp. 63 managers no change
- 3 AMZN Amazon.com, Inc. 53 managers +2
- 4 META Meta Platforms Inc. 50 managers +3
- 5 TSM Taiwan Semiconductor Mfg Ltd 39 managers +1
- 6 BRK.B / BRK.A Berkshire Hathaway 36 managers −1
- 7 NVDA Nvidia Corporation 35 managers +5
- 8 V Visa Inc. 34 managers no change
- 9 AAPL Apple Inc. 31 managers +2
- 10 MA Mastercard Inc. 28 managers no change
Largest
- 1 AAPL Apple Inc. 4.8% held by 31
- 2 MSFT Microsoft Corp. 4.0% held by 63
- 3 AXP American Express Co. 3.5% held by 17
- 4 BAC Bank Amer Corp. 2.5% held by 26
- 5 GOOGL / GOOG Alphabet 2.5% held by 67
- 6 META Meta Platforms Inc. 2.4% held by 50
- 7 AMZN Amazon.com, Inc. 2.2% held by 53
- 8 KO Coca Cola Co. 2.0% held by 10
- 9 MCO Moodys Corp. 1.5% held by 18
- 10 V Visa Inc. 1.5% held by 34
Highest conviction
- 1 HHH Howard Hughes Holdings Inc. avg 26.6% held by 4
- 2 CVNA Carvana Co. avg 17.2% held by 12
- 3 LOAR Loar Holdings Inc. avg 15.2% held by 3
- 4 VAL Valaris Ltd avg 11.8% held by 3
- 5 MDGL Madrigal Pharmaceuticals Inc. avg 10.9% held by 3
- 6 OSCR Oscar Health Inc. avg 9.9% held by 6
- 7 TDG Transdigm Group Inc. avg 9.9% held by 6
- 8 SNX Td Synnex Corporation avg 9.5% held by 6
- 9 BRK.B / BRK.A Berkshire Hathaway avg 9.0% held by 36
- 10 SWX Southwest Gas Holdings Inc. avg 8.4% held by 3
Did the combined book beat SPY?
Each quarter’s combined book held to the next quarter-end, at the 13Fs’ own prices. Price only, no dividends, and today’s managers throughout. Nobody could have copied it: 13Fs arrive about 45 days after the quarter ends.
Combined book, 8 quarters
+33.3%
SPY
+37.2%
Difference
−3.9 pts
2024 Q2, the start
+0.0% Combined book
+0.0% SPY
2024 Q3, since 2024 Q2
+6.9% Combined book
+5.4% SPY
That quarter: book +6.9%, SPY +5.4%
2024 Q4, since 2024 Q2
+8.1% Combined book
+7.7% SPY
That quarter: book +1.1%, SPY +2.1%
2025 Q1, since 2024 Q2
+6.0% Combined book
+2.8% SPY
That quarter: book −2.0%, SPY −4.6%
2025 Q2, since 2024 Q2
+14.5% Combined book
+13.5% SPY
That quarter: book +8.0%, SPY +10.5%
2025 Q3, since 2024 Q2
+21.7% Combined book
+22.4% SPY
That quarter: book +6.3%, SPY +7.8%
2025 Q4, since 2024 Q2
+24.9% Combined book
+25.3% SPY
That quarter: book +2.6%, SPY +2.4%
2026 Q1, since 2024 Q2
+19.6% Combined book
+19.5% SPY
That quarter: book −4.2%, SPY −4.6%
2026 Q2, since 2024 Q2
+33.3% Combined book
+37.2% SPY
That quarter: book +11.5%, SPY +14.8%
Quarter by quarter
| Quarter | Each manager once | By dollars | SPY | Book − SPY | Managers |
|---|---|---|---|---|---|
| 2026 Q2 | +14.5% | +11.5% | +14.8% | −3.4 pts | 133 |
| 2026 Q1 | −4.4% | −4.2% | −4.6% | +0.4 pts | 136 |
| 2025 Q4 | +2.1% | +2.6% | +2.4% | +0.2 pts | 136 |
| 2025 Q3 | +9.1% | +6.3% | +7.8% | −1.5 pts | 136 |
| 2025 Q2 | +11.6% | +8.0% | +10.5% | −2.4 pts | 136 |
| 2025 Q1 | −3.8% | −2.0% | −4.6% | +2.6 pts | 136 |
| 2024 Q4 | +2.6% | +1.1% | +2.1% | −1.0 pts | 134 |
| 2024 Q3 | +7.5% | +6.9% | +5.4% | +1.5 pts | 133 |
All 2,503 names
Download CSV284 matching names.
| Ticker | Company | Sector | Held by | Weight, $ | Net bought | Bought / sold | Opened / closed |
|---|---|---|---|---|---|---|---|
| BRK.B / BRK.A | Berkshire Hathaway | Financials | 36 −1 | 1.5% | +$2.7B | 3 / 10 | 0 / 1 |
| V | Visa Inc. | Financials | 34 | 1.5% | +$430M | 5 / 16 | 0 / 0 |
| MA | Mastercard Inc. | Financials | 28 | 0.76% | −$42M | 4 / 7 | 1 / 1 |
| BAC | Bank Amer Corp. | Financials | 26 +2 | 2.5% | −$1.5B | 5 / 9 | 2 / 0 |
| COF | Capital One Financial Corp. | Financials | 22 −2 | 1.0% | +$461M | 9 / 7 | 0 / 2 |
| JPM | Jpmorgan Chase & Co. | Financials | 22 +1 | 0.26% | −$549M | 6 / 6 | 2 / 1 |
| WFC | Wells Fargo & Co. | Financials | 19 −2 | 0.49% | −$679M | 1 / 9 | 0 / 2 |
| MCO | Moodys Corp. | Financials | 18 | 1.5% | −$26M | 1 / 2 | 0 / 0 |
| AXP | American Express Co. | Financials | 17 | 3.5% | −$93M | 1 / 6 | 1 / 1 |
| SCHW | The Charles Schwab Corp. | Financials | 15 −1 | 0.97% | −$1.2B | 1 / 7 | 0 / 1 |
| SPGI | S&P Global Inc. | Financials | 15 −1 | 0.55% | +$355M | 1 / 2 | 0 / 1 |
| GS | The Goldman Sachs Group, Inc. | Financials | 15 +1 | 0.20% | −$72M | 2 / 4 | 1 / 0 |
| C | Citigroup Inc. (C) | Financials | 14 +1 | 0.41% | +$5M | 1 / 4 | 1 / 0 |
| NU | Nu Hldgs Ltd | Financials | 14 +1 | 0.15% | +$221M | 8 / 6 | 3 / 2 |
| PYPL | Paypal Hldgs Inc. | Financials | 12 −2 | 0.08% | +$130M | 5 / 6 | 1 / 3 |
| BK | The Bank Of New York Mellon Corp. | Financials | 11 +1 | 0.37% | −$753M | 1 / 5 | 1 / 0 |
| AON | Aon PLC | Financials | 11 +1 | 0.28% | +$108M | 4 / 1 | 1 / 0 |
| WTW | Willis Towers Watson PLC Ltd | Financials | 11 +1 | 0.26% | +$347M | 3 / 3 | 1 / 0 |
| KKR | Kkr & Co. L P Del | Financials | 11 | 0.19% | +$113M | 4 / 3 | 0 / 0 |
| MSCI | Msci Inc. | Financials | 11 +2 | 0.19% | +$205M | 5 / 1 | 2 / 0 |
| USB | US Bancorp Del | Financials | 10 +1 | 0.17% | −$335M | 3 / 3 | 1 / 0 |
| CHYM | Chime Finl Inc. IPO or spin-off | Financials | 10 +10 | 0.08% | +$1.2B | 10 / 0 | 10 / 0 |
| ICE | Intercontinental Exchange In | Financials | 9 −2 | 0.27% | −$870M | 0 / 5 | 0 / 2 |
| LPLA | Lpl Financial Holdings, Inc. | Financials | 9 −3 | 0.21% | +$284M | 3 / 5 | 0 / 3 |
| BLK | Blackrock Inc. | Financials | 9 +1 | 0.09% | +$289M | 5 / 0 | 1 / 0 |
| CME | Cme Group Inc. | Financials | 9 +1 | 0.08% | +$103M | 3 / 3 | 1 / 0 |
| PGR | Progressive Corp. | Financials | 9 −1 | 0.08% | −$335M | 1 / 5 | 1 / 2 |
| HDB | Hdfc Bank, Ltd. | Financials | 9 −2 | 0.02% | −$166M | 3 / 7 | 1 / 3 |
| MKL | Markel Group, Inc. | Financials | 8 | 0.10% | −$11M | 0 / 1 | 0 / 0 |
| PNC | Pnc Finl Svcs Group Inc. | Financials | 8 +1 | 0.04% | +$447M | 2 / 2 | 1 / 0 |
| APO | Apollo Global Mgmt Inc. | Financials | 7 | 0.12% | +$14M | 2 / 1 | 0 / 0 |
| MMC | Marsh & Mclennan Companies Inc. | Financials | 7 | 0.08% | −$117M | 1 / 3 | 0 / 0 |
| BX | Blackstone Inc. | Financials | 7 | 0.04% | +$81M | 3 / 0 | 0 / 0 |
| SYF | Synchrony Financial | Financials | 7 | 0.02% | +$32M | 1 / 1 | 0 / 0 |
| TFC | Truist Finl Corp. | Financials | 7 | <0.01% | −$17M | 0 / 1 | 0 / 0 |
| ALL | Allstate Corp. | Financials | 7 | <0.01% | −$390M | 2 / 3 | 1 / 1 |
| TRV | The Travelers Co., Inc. | Financials | 7 | <0.01% | −$846K | 1 / 2 | 0 / 0 |
| ALLY | Ally Finl Inc. | Financials | 6 −1 | 0.15% | +$76M | 2 / 2 | 0 / 1 |
| AIG | American Intl Group Inc. | Financials | 6 +1 | 0.12% | −$282M | 1 / 2 | 1 / 0 |
| IBKR | Interactive Brokers Group In | Financials | 6 | 0.11% | +$1.2B | 6 / 0 | 0 / 0 |
| RKT | Rocket Cos Inc. | Financials | 6 +2 | 0.02% | +$209M | 4 / 1 | 2 / 0 |
| TROW | Price T Rowe Group Inc. | Financials | 6 | <0.01% | −$139K | 0 / 1 | 0 / 0 |
| CB | Chubb Limited | Financials | 5 −2 | 0.57% | −$580M | 2 / 2 | 0 / 2 |
| FCNCA | First Ctzns Bancshares Inc. N | Financials | 5 −1 | 0.15% | +$42M | 2 / 2 | 0 / 1 |
| STT | State Str Corp. | Financials | 5 | 0.12% | −$2M | 0 / 0 | 0 / 0 |
| BAP | Credicorp, Ltd. | Financials | 5 | 0.11% | −$18M | 1 / 1 | 0 / 0 |
| HOOD | Robinhood Markets Inc. | Financials | 5 | 0.08% | −$222M | 3 / 2 | 0 / 0 |
| NDAQ | Nasdaq Inc. | Financials | 5 −1 | 0.08% | −$175M | 0 / 4 | 0 / 1 |
| CG | Carlyle Group Inc. | Financials | 5 −1 | 0.07% | −$148M | 1 / 2 | 0 / 1 |
| DB | Deutsche Bank AG | Financials | 5 −1 | 0.05% | +$79M | 3 / 2 | 0 / 1 |
| CRCL | Circle Internet Group Inc. IPO or spin-off | Financials | 5 +5 | 0.05% | +$694M | 5 / 0 | 5 / 0 |
| CIGI | Colliers Intl Group Inc. | Financials | 5 −1 | 0.05% | +$84M | 2 / 2 | 0 / 1 |
| FNF | Fidelity National Financial | Financials | 5 | 0.04% | −$6M | 0 / 0 | 0 / 0 |
| EQH | Equitable Hldgs Inc. | Financials | 5 −1 | 0.04% | −$274M | 1 / 2 | 0 / 1 |
| CACC | Credit Accep Corp. Mich | Financials | 5 −1 | 0.03% | −$86M | 1 / 2 | 0 / 1 |
| AMG | Affiliated Managers Group In | Financials | 5 | 0.03% | −$117M | 0 / 2 | 0 / 0 |
| KSPI | Kaspi Kz Jsc | Financials | 5 +1 | 0.01% | +$37M | 4 / 1 | 1 / 0 |
| MS | Morgan Stanley | Financials | 5 | 0.01% | +$5M | 0 / 0 | 0 / 0 |
| MTB | M & T Bk Corp. | Financials | 5 −1 | <0.01% | −$214M | 1 / 2 | 0 / 1 |
| UBS | Ubs Group AG | Financials | 4 +1 | 0.18% | −$787M | 2 / 2 | 1 / 0 |
| FOUR | Shift4 Pmts Inc. | Financials | 4 | 0.06% | +$74M | 2 / 1 | 0 / 0 |
| OMF | Onemain Hldgs Inc. | Financials | 4 | 0.04% | +$42M | 2 / 0 | 0 / 0 |
| AJG | Gallagher Arthur J & Co. | Financials | 4 | 0.02% | +$19M | 1 / 2 | 0 / 0 |
| TW | Tradeweb Mkts Inc. | Financials | 4 | 0.02% | −$5M | 1 / 1 | 0 / 0 |
| ITUB | Itau Unibanco Holding SA | Financials | 4 | 0.01% | +$30M | 2 / 0 | 0 / 0 |
| JEF | Jefferies Finl Group Inc. | Financials | 4 | 0.01% | +$8M | 1 / 0 | 0 / 0 |
| NTRS | Northern Tr Corp. | Financials | 4 | 0.01% | −$74M | 1 / 1 | 0 / 0 |
| FITB | Fifth Third Bancorp | Financials | 4 −1 | 0.01% | +$2M | 1 / 1 | 0 / 1 |
| BEKE | Ke Holdings Inc., Class A, Adr | Financials | 4 −1 | <0.01% | −$3M | 2 / 2 | 0 / 1 |
| BCS | Barclays PLC | Financials | 4 | <0.01% | −$40M | 1 / 2 | 0 / 0 |
| ONB | Old Natl Bancorp Ind | Financials | 4 | <0.01% | −$27K | 1 / 3 | 0 / 0 |
| WBS | Webster Finl Corp. | Financials | 4 | <0.01% | +$5M | 1 / 1 | 0 / 0 |
| BGC | Bgc Group Inc. | Financials | 4 | <0.01% | +$8M | 1 / 1 | 0 / 0 |
| WRB | Wr Berkley Corp. | Financials | 4 | <0.01% | −$10M | 0 / 2 | 0 / 0 |
| Grupo Financiero | Grupo Financiero Galicia S.a | Financials | 4 +2 | <0.01% | −$1M | 2 / 2 | 2 / 0 |
| AFL | Aflac Inc. | Financials | 4 | <0.01% | −$295K | 0 / 0 | 0 / 0 |
| NWG | Natwest Group PLC | Financials | 4 | <0.01% | −$2M | 0 / 2 | 0 / 0 |
| MET | Metlife, Inc. | Financials | 3 −1 | 0.35% | −$18M | 1 / 1 | 0 / 1 |
| ACGL | Arch Cap Group Ltd | Financials | 3 | 0.15% | −$28M | 1 / 0 | 0 / 0 |
| CRBG | Corebridge Finl Inc. | Financials | 3 | 0.10% | +$362M | 2 / 0 | 0 / 0 |
| FDS | Factset Resh Sys Inc. | Financials | 3 | 0.07% | −$7M | 0 / 0 | 0 / 0 |
| PRI | Primerica Inc. | Financials | 3 | 0.06% | −$24M | 0 / 1 | 0 / 0 |
| XP | Xp, Inc. | Financials | 3 +1 | 0.05% | −$115M | 2 / 1 | 1 / 0 |
| EG | Everest Group Ltd | Financials | 3 | 0.03% | −$32M | 0 / 2 | 0 / 0 |
| AMP | Ameriprise Financial, Inc. | Financials | 3 | 0.03% | −$35M | 0 / 1 | 0 / 0 |
| AAMI | Acadian Asset Management Inc. | Financials | 3 | 0.02% | +$2M | 1 / 0 | 0 / 0 |
| LAZ | Lazard Inc. | Financials | 3 | 0.02% | +$8M | 1 / 0 | 0 / 0 |
| HLI | Houlihan Lokey Inc. | Financials | 3 | 0.01% | −$5M | 1 / 1 | 0 / 0 |
| WEX | Wex Inc. | Financials | 3 +1 | 0.01% | +$15M | 1 / 1 | 1 / 0 |
| BHF | Brighthouse Finl Inc. | Financials | 3 | 0.01% | +$11M | 1 / 0 | 0 / 0 |
| SOFI | Sofi Technologies Inc. | Financials | 3 +1 | <0.01% | +$40M | 2 / 1 | 1 / 0 |
| GL | Globe Life Inc. | Financials | 3 | <0.01% | +$5M | 1 / 0 | 0 / 0 |
| HCI | Hci Group Inc. | Financials | 3 +1 | <0.01% | −$2M | 2 / 1 | 1 / 0 |
| GSHD | Goosehead Ins Inc. | Financials | 3 +1 | <0.01% | +$67M | 1 / 1 | 1 / 0 |
| CBOE | Cboe Global Mkts Inc. | Financials | 3 | <0.01% | +$2M | 1 / 0 | 0 / 0 |
| SHG | Shinhan Financial Group Co. L | Financials | 3 | <0.01% | −$1M | 1 / 1 | 0 / 0 |
| Burford Capital | Burford Capital Ltd | Financials | 3 | <0.01% | +$34M | 1 / 1 | 0 / 0 |
| BFH | Bread Financial Holdings Inc. | Financials | 3 +1 | <0.01% | +$6M | 3 / 0 | 1 / 0 |
| GLXY | Galaxy Digital Inc. IPO or spin-off | Financials | 3 +3 | <0.01% | +$59M | 3 / 0 | 3 / 0 |
| CFG | Citizens Financial Group Inc. | Financials | 3 | <0.01% | +$1M | 0 / 0 | 0 / 0 |
| Pagseguro Digital | Pagseguro Digital Ltd | Financials | 3 +2 | <0.01% | +$50M | 2 / 0 | 2 / 0 |
| TRUP | Trupanion Inc. | Financials | 3 +1 | <0.01% | −$7M | 1 / 1 | 1 / 0 |
| RF | Regions Financial Corp. New | Financials | 3 | <0.01% | −$19K | 0 / 1 | 0 / 0 |
| ING | Ing Groep NV | Financials | 3 | <0.01% | +$1M | 2 / 1 | 0 / 0 |
| IBN | Icici Bank Limited | Financials | 3 | <0.01% | −$153M | 1 / 2 | 1 / 1 |
| LYG | Lloyds Banking Group PLC | Financials | 3 | <0.01% | +$3M | 1 / 1 | 0 / 0 |
| SEIC | Sei Invts Co. | Financials | 3 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| ASIC | Ategrity Specialty In Co. Ho IPO or spin-off | Financials | 3 +3 | <0.01% | +$15M | 3 / 0 | 3 / 0 |
| PGY | Pagaya Technologies Ltd | Financials | 3 +2 | <0.01% | +$4M | 2 / 1 | 2 / 0 |
| KB | Kb Finl Group Inc. | Financials | 3 +1 | <0.01% | −$5M | 1 / 2 | 1 / 0 |
| Intercorp Finl | Intercorp Finl Svcs Inc. | Financials | 3 | <0.01% | +$93K | 1 / 1 | 0 / 0 |
| JHG | Janus Henderson Group PLC | Financials | 2 | 0.09% | −$4M | 0 / 1 | 0 / 0 |
| KNSL | Kinsale Cap Group Inc. | Financials | 2 −1 | 0.07% | +$14M | 1 / 1 | 0 / 1 |
| FSV | Firstservice Corp. New | Financials | 2 | 0.02% | −$39M | 0 / 2 | 0 / 0 |
| IVZ | Invesco Ltd. | Financials | 2 −1 | 0.02% | −$144M | 0 / 2 | 0 / 1 |
| HSBC | Hsbc Hldgs PLC | Financials | 2 | 0.01% | +$242K | 1 / 0 | 0 / 0 |
| CORZ | Core Scientific Inc. New | Financials | 2 | 0.01% | +$77M | 2 / 1 | 1 / 1 |
| BRO | Brown & Brown Inc. | Financials | 2 | 0.01% | −$99M | 2 / 1 | 1 / 1 |
| CNS | Cohen & Steers Inc. | Financials | 2 | 0.01% | −$1M | 0 / 0 | 0 / 0 |
| IREN | Iren Limited | Financials | 2 +1 | <0.01% | +$92M | 2 / 0 | 1 / 0 |
| TPG | Tpg Inc. | Financials | 2 +1 | <0.01% | +$27M | 2 / 0 | 1 / 0 |
| RIOT | Riot Platforms Inc. | Financials | 2 | <0.01% | −$89M | 0 / 1 | 0 / 0 |
| OZK | Bank Ozk Little Rock Ark | Financials | 2 | <0.01% | +$16M | 1 / 0 | 0 / 0 |
| RYAN | Ryan Specialty Holdings Inc. | Financials | 2 | <0.01% | +$31M | 1 / 0 | 0 / 0 |
| AXS | Axis Capital Holdings Ltd | Financials | 2 | <0.01% | −$14M | 0 / 2 | 0 / 0 |
| GCMG | Gcm Grosvenor Inc. | Financials | 2 | <0.01% | +$269K | 0 / 0 | 0 / 0 |
| NATL | Ncr Atleos Corporation | Financials | 2 −1 | <0.01% | −$22M | 1 / 1 | 0 / 1 |
| WTM | White Mtns Ins Group Ltd | Financials | 2 | <0.01% | +$4M | 1 / 0 | 0 / 0 |
| L | Loews Corp. | Financials | 2 | <0.01% | −$160K | 0 / 0 | 0 / 0 |
| ITIC | Investors Title Co. Nc | Financials | 2 | <0.01% | −$669K | 0 / 1 | 0 / 0 |
| ASB | Associated Banc Corp. | Financials | 2 | <0.01% | +$875K | 0 / 1 | 0 / 0 |
| RNR | Renaissancere Holdings Ltd | Financials | 2 | <0.01% | −$178K | 0 / 0 | 0 / 0 |
| HGTY | Hagerty Inc. | Financials | 2 | <0.01% | +$5M | 1 / 0 | 0 / 0 |
| EVR | Evercore Inc. | Financials | 2 +1 | <0.01% | +$46M | 2 / 0 | 1 / 0 |
| KEY | Keycorp | Financials | 2 | <0.01% | −$4M | 0 / 1 | 0 / 0 |
| PUK | Prudential PLC | Financials | 2 | <0.01% | −$19M | 0 / 2 | 0 / 0 |
| MC | Moelis & Co. | Financials | 2 | <0.01% | −$1M | 0 / 1 | 0 / 0 |
| TWFG | Twfg Inc. | Financials | 2 +1 | <0.01% | +$7M | 1 / 0 | 1 / 0 |
| LNC | Lincoln Natl Corp. Ind | Financials | 2 | <0.01% | −$304K | 1 / 1 | 0 / 0 |
| NMIH | Nmi Hldgs Inc. | Financials | 2 | <0.01% | −$807K | 0 / 1 | 0 / 0 |
| PFG | Principal Financial Group In | Financials | 2 | <0.01% | −$34M | 0 / 1 | 0 / 0 |
| OCSL | Oaktree Specialty Lending Corp. | Financials | 2 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| BMA | Banco Macro SA | Financials | 2 | <0.01% | −$29M | 0 / 2 | 0 / 0 |
| ORI | Old Rep Intl Corp. | Financials | 2 | <0.01% | −$11M | 0 / 2 | 0 / 0 |
| PB | Prosperity Bancshares Inc. | Financials | 2 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| WTFC | Wintrust Finl Corp. | Financials | 2 | <0.01% | −$2M | 1 / 1 | 0 / 0 |
| SLDE | Slide Ins Hldgs Inc. IPO or spin-off | Financials | 2 +2 | <0.01% | +$6M | 2 / 0 | 2 / 0 |
| SMFG | Sumitomo Mitsui Financial Group Inc. | Financials | 2 +1 | <0.01% | +$5M | 2 / 0 | 1 / 0 |
| FHI | Federated Hermes Inc. | Financials | 2 | <0.01% | −$257K | 0 / 1 | 0 / 0 |
| CHCO | City Holding Company | Financials | 2 | <0.01% | −$34K | 0 / 1 | 0 / 0 |
| JKHY | Jack Henry & Associates | Financials | 2 | <0.01% | −$4K | 0 / 0 | 0 / 0 |
| VCTR | Victory Cap Hldgs Inc. | Financials | 2 +1 | <0.01% | +$1M | 1 / 0 | 1 / 0 |
| CM | Canadian Imperial Bk Comm | Financials | 2 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| FHN | First Horizon Corporation | Financials | 2 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| RJF | Raymond James Finl Inc. | Financials | 2 | <0.01% | −$79K | 0 / 1 | 0 / 0 |
| AEG | Aegon, Ltd. | Financials | 1 | 0.04% | −$209M | 0 / 1 | 0 / 0 |
| RGA | Reinsurance Grp Of America I | Financials | 1 | 0.03% | +$48M | 1 / 0 | 0 / 0 |
| MORN | Morningstar Inc. | Financials | 1 −1 | 0.03% | −$2M | 0 / 1 | 0 / 1 |
| SLM | Slm Corp. | Financials | 1 | 0.02% | +$36M | 1 / 0 | 0 / 0 |
| VOYA | Voya Financial Inc. | Financials | 1 | 0.02% | +$4M | 0 / 0 | 0 / 0 |
| ARES | Ares Management Corporation | Financials | 1 −1 | 0.02% | −$93M | 1 / 1 | 0 / 1 |
| FAF | First Amern Finl Corp. | Financials | 1 −1 | 0.01% | −$19M | 0 / 2 | 0 / 1 |
| BOKF | Bok Finl Corp. | Financials | 1 | 0.01% | −$2M | 0 / 0 | 0 / 0 |
| RLI | Rli Corp. | Financials | 1 | 0.01% | $0 | 0 / 0 | 0 / 0 |
| FG | F&G Annuities & Life Inc. | Financials | 1 −1 | 0.01% | −$5M | 0 / 1 | 0 / 1 |
| BWIN | The Baldwin Insurance Grp In | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| AIZ | Assurant, Inc. | Financials | 1 | <0.01% | −$15M | 0 / 1 | 0 / 0 |
| RWAY | Runway Growth Finance Corp. | Financials | 1 | <0.01% | −$11M | 0 / 1 | 0 / 0 |
| CNO | Cno Finl Group Inc. | Financials | 1 | <0.01% | −$482K | 0 / 0 | 0 / 0 |
| FIHL | Fidelis Insurance Holdings L | Financials | 1 | <0.01% | +$17M | 1 / 0 | 0 / 0 |
| QFIN | Qifu Technology Inc. | Financials | 1 −1 | <0.01% | −$3M | 0 / 1 | 0 / 1 |
| UPST | Upstart Hldgs Inc. | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| THG | Hanover Ins Group Inc. | Financials | 1 | <0.01% | +$170K | 0 / 0 | 0 / 0 |
| NTB | Bank Of N.t. Butterfield & Son Limited | Financials | 1 | <0.01% | −$274K | 0 / 0 | 0 / 0 |
| FLG | Flagstar Financial, Inc. | Financials | 1 | <0.01% | +$1M | 0 / 0 | 0 / 0 |
| WSFS | Wsfs Finl Corp. | Financials | 1 | <0.01% | +$1M | 0 / 0 | 0 / 0 |
| AOMR | Angel Oak Mortgage Reit Inc. | Financials | 1 | <0.01% | −$4M | 0 / 1 | 0 / 0 |
| COLB | Columbia Bkg Sys Inc. | Financials | 1 | <0.01% | +$3M | 1 / 0 | 0 / 0 |
| BXMT | Blackstone Mtg Tr Inc. | Financials | 1 | <0.01% | +$29M | 1 / 0 | 0 / 0 |
| FOA | Finance Of America Cos Inc. | Financials | 1 | <0.01% | +$2M | 1 / 0 | 0 / 0 |
| TRC | Tejon Ranch Co. | Financials | 1 | <0.01% | +$14M | 1 / 0 | 0 / 0 |
| UVSP | Univest Financial Corporatio | Financials | 1 | <0.01% | −$8M | 0 / 1 | 0 / 0 |
| FPH | Five Point Holdings LLC - Cl A | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| FINV | Finvolution Group | Financials | 1 | <0.01% | +$632K | 0 / 0 | 0 / 0 |
| PRG | Prog Holdings Inc. | Financials | 1 | <0.01% | −$94K | 0 / 0 | 0 / 0 |
| BNS | Bank Of Nova Scotia | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| ROOT | Root Inc. | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| CNA | Cna Financial | Financials | 1 | <0.01% | +$15M | 1 / 0 | 0 / 0 |
| ABR | Arbor Realty Trust Inc. | Financials | 1 +1 | <0.01% | +$19M | 1 / 0 | 1 / 0 |
| SLQT | Selectquote Inc. | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| GDOT | Green Dot Corp. | Financials | 1 | <0.01% | −$31M | 0 / 1 | 0 / 0 |
| KWY | Kingsway Finl Svcs Inc. | Financials | 1 | <0.01% | +$8M | 1 / 0 | 0 / 0 |
| HUT | Hut 8 Corp. IPO or spin-off | Financials | 1 +1 | <0.01% | +$17M | 1 / 0 | 1 / 0 |
| FUTU | Futu Holdings Ltd | Financials | 1 −1 | <0.01% | −$4M | 1 / 1 | 0 / 1 |
| SII | Sprott Inc. | Financials | 1 | <0.01% | +$966K | 1 / 0 | 0 / 0 |
| Kemper | Kemper Corp. | Financials | 1 | <0.01% | −$1M | 0 / 1 | 0 / 0 |
| NOAH | Noah Holdings Ltd., Class A, Ads | Financials | 1 | <0.01% | −$8M | 0 / 1 | 0 / 0 |
| ABCB | Ameris Bancorp | Financials | 1 | <0.01% | −$79K | 0 / 0 | 0 / 0 |
| Seacoast Bkg | Seacoast Bkg Corp. Fla | Financials | 1 | <0.01% | −$4M | 0 / 1 | 0 / 0 |
| JXN | Jackson Financial Inc. | Financials | 1 | <0.01% | +$359K | 0 / 0 | 0 / 0 |
| UMBF | Umb Financial Corporation | Financials | 1 | <0.01% | −$3K | 0 / 0 | 0 / 0 |
| AX | Axos Financial Inc. | Financials | 1 | <0.01% | −$2M | 0 / 1 | 0 / 0 |
| BTDR | Bitdeer Technologies Group IPO or spin-off | Financials | 1 +1 | <0.01% | +$10M | 1 / 0 | 1 / 0 |
| RDN | Radian Group Inc. | Financials | 1 | <0.01% | −$1M | 0 / 1 | 0 / 0 |
| PRA | Proassurance Corp. | Financials | 1 | <0.01% | −$4M | 0 / 1 | 0 / 0 |
| RELY | Remitly Global Inc. | Financials | 1 | <0.01% | −$214K | 0 / 0 | 0 / 0 |
| QCRH | Qcr Holdings Inc. | Financials | 1 | <0.01% | −$162K | 0 / 0 | 0 / 0 |
| VLY | Valley Natl Bancorp | Financials | 1 | <0.01% | −$973K | 0 / 1 | 0 / 0 |
| PWP | Perella Weinberg Partners | Financials | 1 | <0.01% | +$408K | 1 / 0 | 0 / 0 |
| STC | Stewart Information Svcs Cor | Financials | 1 −1 | <0.01% | −$468K | 0 / 1 | 0 / 1 |
| STEP | Stepstone Group Inc. | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| DCOM | Dime Cmnty Bancshares Inc. | Financials | 1 | <0.01% | −$2M | 0 / 1 | 0 / 0 |
| EHTH | Ehealth Inc. | Financials | 1 | <0.01% | −$463K | 0 / 1 | 0 / 0 |
| ECPG | Encore Capital Group Inc. | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| CIFR | Cipher Mining Inc. | Financials | 1 | <0.01% | +$3M | 1 / 0 | 0 / 0 |
| SBSI | Southside Bancshares Inc. | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| CUBI | Customers Bancorp Inc. | Financials | 1 | <0.01% | +$799K | 1 / 0 | 0 / 0 |
| FRPH | Frp Holdings Inc. | Financials | 1 | <0.01% | −$1M | 0 / 1 | 0 / 0 |
| CFR | Cullen Frost Bankers Inc. | Financials | 1 | <0.01% | −$2M | 0 / 1 | 0 / 0 |
| MUFG | Mitsubishi Ufj Finl Group In | Financials | 1 | <0.01% | +$883K | 1 / 0 | 0 / 0 |
| CET | Central Securities Corporation | Financials | 1 | <0.01% | −$450K | 0 / 1 | 0 / 0 |
| BKKT | Bakkt Holdings Inc. | Financials | 1 | <0.01% | −$7K | 0 / 0 | 0 / 0 |
| SNEX | Stonex Group Inc. | Financials | 1 | <0.01% | +$366K | 1 / 0 | 0 / 0 |
| OSG | Ambac Financial Group | Financials | 1 | <0.01% | +$2M | 1 / 0 | 0 / 0 |
| GBCI | Glacier Bancorp Inc. New | Financials | 1 | <0.01% | −$1M | 0 / 1 | 0 / 0 |
| DOUG | Douglas Elliman Inc. | Financials | 1 | <0.01% | +$285K | 1 / 0 | 0 / 0 |
| DAVE | Dave Inc. IPO or spin-off | Financials | 1 +1 | <0.01% | +$3M | 1 / 0 | 1 / 0 |
| OCFC | Oceanfirst Financial Trust | Financials | 1 | <0.01% | +$803K | 1 / 0 | 0 / 0 |
| PDLB | Ponce Financial Group Inc. | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| TD | Toronto Dominion Bk Ont | Financials | 1 | <0.01% | −$2K | 0 / 0 | 0 / 0 |
| WT | Wisdomtree Inc. | Financials | 1 | <0.01% | −$27K | 0 / 0 | 0 / 0 |
| CASH | Pathward Financial Inc. | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| ALRS | Alerus Finl Corp. | Financials | 1 | <0.01% | +$4K | 0 / 0 | 0 / 0 |
| SAN | Banco Santander S.a. | Financials | 1 | <0.01% | +$31K | 0 / 0 | 0 / 0 |
| CIA | Citizens Inc. | Financials | 1 | <0.01% | +$144K | 1 / 0 | 0 / 0 |
| PBFS | Pioneer Bancorp Inc. Md | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| GPGI | Composecure Inc. IPO or spin-off | Financials | 1 +1 | <0.01% | +$2M | 1 / 0 | 1 / 0 |
| FRFHF | Fairfax Finl Hldgs Ltd Sub Vtg | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| SRG | Seritage Growth Pptys | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| HLNE | Hamilton Lane Inc. | Financials | 1 | <0.01% | −$6M | 0 / 1 | 0 / 0 |
| MBI | Mbia Inc. | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| EBC | Eastern Bankshares Inc. | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| RMT | Royce Micro-Cap Tr Inc. | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| FULT | Fulton Finl Corp. | Financials | 1 | <0.01% | −$27K | 0 / 0 | 0 / 0 |
| FHB | First Hawaiian Inc. | Financials | 1 | <0.01% | −$50K | 0 / 0 | 0 / 0 |
| HOMB | Home Bancshares Inc. | Financials | 1 | <0.01% | −$214K | 0 / 1 | 0 / 0 |
| OPY | Oppenheimer Hldgs Inc. IPO or spin-off | Financials | 1 +1 | <0.01% | +$1M | 1 / 0 | 1 / 0 |
| LMND | Lemonade Inc. IPO or spin-off | Financials | 1 +1 | <0.01% | +$1M | 1 / 0 | 1 / 0 |
| BMO | Bank Montreal Que | Financials | 1 | <0.01% | −$11K | 0 / 0 | 0 / 0 |
| AII | American Integrity Ins Group IPO or spin-off | Financials | 1 +1 | <0.01% | +$736K | 1 / 0 | 1 / 0 |
| HKHC | Horizon Kinetics Hldg Corp. | Financials | 1 | <0.01% | +$6K | 0 / 0 | 0 / 0 |
| FBLA | Fb Bancorp Inc. | Financials | 1 | <0.01% | −$169K | 0 / 1 | 0 / 0 |
| CIB | Grupo Cibest SA IPO or spin-off | Financials | 1 +1 | <0.01% | +$556K | 1 / 0 | 1 / 0 |
| Zions Bancorporation | Zions Bancorporation N.a. | Financials | 1 | <0.01% | +$286K | 1 / 0 | 0 / 0 |
| CPF | Central Pac Finl Corp. IPO or spin-off | Financials | 1 +1 | <0.01% | +$482K | 1 / 0 | 1 / 0 |
| HBAN | Huntington Bancshares Inc. | Financials | 1 | <0.01% | −$116K | 0 / 1 | 0 / 0 |
| RHLD | Resolute Hldgs Mgmt Inc. IPO or spin-off | Financials | 1 +1 | <0.01% | +$457K | 1 / 0 | 1 / 0 |
| OBDC | Blue Owl Capital Corp. | Financials | 1 | <0.01% | +$231K | 1 / 0 | 0 / 0 |
| MKTX | Marketaxess Hldgs Inc. | Financials | 1 −1 | <0.01% | −$819K | 1 / 1 | 0 / 1 |
| Simmons Firs | Simmons Firs National Corp-A IPO or spin-off | Financials | 1 +1 | <0.01% | +$388K | 1 / 0 | 1 / 0 |
| First Interstate | First Interstate Bancsystem Inc. IPO or spin-off | Financials | 1 +1 | <0.01% | +$384K | 1 / 0 | 1 / 0 |
| ARCC | Ares Capital Corporation | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| GABC | German American Bancorp | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| UNM | Unum Group | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| BOH | Bank Hawaii Corp. | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| UFCS | United Fire Group Inc. | Financials | 1 | <0.01% | −$89K | 0 / 1 | 0 / 0 |
| HIG | Hartford Insurance Group Inc. IPO or spin-off | Financials | 1 +1 | <0.01% | +$220K | 1 / 0 | 1 / 0 |
| OBT | Orange Cnty Bancorp Inc. Com IPO or spin-off | Financials | 1 +1 | <0.01% | +$207K | 1 / 0 | 1 / 0 |
| WSBC | Wesbanco | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| FFBC | First Financial Bancorp Ohio | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| WU | Western Union | Financials | 1 −1 | <0.01% | −$3M | 0 / 1 | 0 / 1 |
| CINF | Cincinnati Financial | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| PRU | Prudential Financial | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| SYBT | Stock Yards Bancorp Inc. | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| GAIN | Gladstone Investment Corporation | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| GBAB | Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust | Financials | 1 | <0.01% | $0 | 0 / 0 | 0 / 0 |
| CTBI | Community Trust Bancorp IPO or spin-off | Financials | 1 +1 | <0.01% | +$11K | 1 / 0 | 1 / 0 |
| AHRT | Armada Hoffler Pptys Inc. merger or delisting | Financials | 0 −1 | <0.01% | −$133K | 0 / 1 | 0 / 1 |
| BBD | Banco Bradesco SA merger or delisting | Financials | 0 −1 | <0.01% | −$8M | 0 / 1 | 0 / 1 |
| BBDC | Barings Bdc Inc. merger or delisting | Financials | 0 −1 | <0.01% | −$25K | 0 / 1 | 0 / 1 |
| BOW | Bowhead Specialty Hldgs Inc. merger or delisting | Financials | 0 −1 | <0.01% | −$4M | 0 / 1 | 0 / 1 |
| COMP | Compass Inc. merger or delisting | Financials | 0 −1 | <0.01% | −$33M | 0 / 1 | 0 / 1 |
| NLY | Annaly Capital Management merger or delisting | Financials | 0 −1 | <0.01% | $0 | 0 / 1 | 0 / 1 |
| WULF | Terawulf Inc. merger or delisting | Financials | 0 −1 | <0.01% | −$364K | 0 / 1 | 0 / 1 |
How the numbers work
Same managers in both quarters
Changes compare only managers with a 13F in both 2025 Q1 and 2025 Q2: 136 this time.
Buying versus price
Each holding’s dollar change splits into price (what last quarter’s shares earned by this quarter’s 13F price) and net bought (shares added or cut, times this quarter’s price), using each 13F’s own values. The two add back to the change exactly. Stock splits are adjusted first.
Who counts as a buyer or a seller
A manager bought a stock if it opened a position, or added at least 5% to its shares or a trade worth 0.25% of its book; it sold if it closed the position or cut it by the same amounts. Smaller changes count as holding, and a stock split never counts. A manager was a net buyer for the quarter when its trading added up to at least 0.25% of its book. GOOG and GOOGL count once.
IPOs, spin-offs and mergers
A stock no tracked manager held last quarter (an IPO, a spin-off, a new share class) is not counted as buying, and one nobody holds now (a merger, a delisting) is not counted as selling. Choose them under All names to see them.
Each manager once, or by dollars
By default every manager counts the same, so a list leads with what the most managers did. By dollars ranks by money moved and weighs holdings by size, so the largest books set the order.
Sectors
GICS sectors where the company has one. Funds, foreign listings and private shares have none; their buying is shown on its own, never filed under Other. Sector weights are shares of the names that have a sector.
The combined book against SPY
Each quarter-end’s combined book is held to the next quarter-end at the 13Fs’ own prices: price only, no dividends, and today’s featured managers for every quarter. SPY is the same filings’ price for SPY. It is a record of what the managers held, not something anyone could have copied, because 13Fs arrive about 45 days after the quarter ends.
What a 13F leaves out
Long US-listed stock only: no shorts, cash, bonds or foreign listings, and options are left out here.