Institutional rankings · SEC 13F · Q4 2025

Largest funds by reported 13F value

Institutional managers ranked by the total market value of the U.S.-listed equity positions disclosed in their latest SEC Form 13F, a proxy for the size of each manager's reportable equity book.

$123.8B
Largest book
49%
Top-5 share of all value
360
Filers ranked

The leaderboard

Neuberger Berman Group LLC leads 360 reporting institutions with $123.8B in reported 13F equity value across 2,046 positions as of Q4 2025.

$123.8B
largest book (Neuberger Berman G)
49%
of all reported value (top 5 = $483.5B)
360
filers ranked

13F value reflects reported equity size, not assets under management, performance, or skill, it omits shorts, options, cash, bonds, and non-U.S. holdings.

Largest reported equity books

All funds →
  1. 1
    Neuberger Berman Group LLC $123.8B
  2. 2
    JPMORGAN CHASE & CO $109.6B
  3. 3
    RHUMBLINE ADVISERS $106.9B
  4. 4
    Clearbridge Investments, LLC $92.6B
  5. 5
    Universal- Beteiligungs- und Servicegesellschaft mbH $50.6B
  6. 6
    Squarepoint Ops LLC $48.1B

Top 6 of 360 filers by reported 13F value · Q4 2025

#FundReported valuePositions
1 Neuberger Berman Group LLC $123.8B 2,046
2 JPMORGAN CHASE & CO $109.6B 7,377
3 RHUMBLINE ADVISERS $106.9B 4,181
4 Clearbridge Investments, LLC $92.6B 732
5 Universal- Beteiligungs- und Servicegesellschaft mbH $50.6B 1,006
6 Squarepoint Ops LLC $48.1B 2,814
7 Cetera Investment Advisers $42.4B 3,658
8 Pacer Advisors, Inc. $39.1B 3,827
9 FRANKLIN RESOURCES INC $27.2B 2,907
10 Boston Partners $24.7B 766
11 STRS OHIO $23.9B 1,922
12 FARALLON CAPITAL MANAGEMENT LLC $22.1B 167
13 CIBC Bancorp USA Inc. $18.3B 1,464
14 Sanctuary Advisors, LLC $15.8B 2,363
15 AKRE CAPITAL MANAGEMENT LLC $12.1B 21
16 Orion Porfolio Solutions, LLC $11.7B 1,967
17 Jefferies Financial Group Inc. $9.1B 1,248
18 JONES FINANCIAL COMPANIES LLLP $7.8B 3,697
19 Polar Asset Management Partners Inc. $7.4B 648
20 CIBC Private Wealth Group LLC $7.3B 3,086
21 SYNOVUS FINANCIAL CORP $7.2B 915
22 Liontrust Investment Partners LLP $7.1B 216
23 Tidal Investments LLC $7.0B 1,789
24 GROUPAMA ASSET MANAGMENT $6.8B 432
25 GREAT VALLEY ADVISOR GROUP, INC. $4.5B 840

Reading this ranking

Reported 13F value is a size proxy from public filings, not an AUM figure and not a performance ranking.

  • 13F captures only long U.S.-listed equity positions; it understates total AUM for managers that also hold bonds, cash, foreign equity, or run short books. Methodology
  • Largest-book ≠ best-performing. Size reflects scale, not returns or skill, check what each manager actually holds. Browse funds
  • See where the most institutional conviction concentrates by name, not by manager. Most concentrated

Informational only, not investment advice. Filings lag up to 45 days after quarter-end and omit shorts, options, cash, and non-U.S. holdings.

Source: U.S. Securities and Exchange Commission (SEC) - EDGAR Form 13F-HR institutional holdings filings · Q4 2025 Ranking derived live from the latest quarterly 13F filings of institutional managers with $100M+ in qualifying assets.