Quarterly position changes · SEC 13F · Q4 2025

Top movers this quarter

The largest discretionary long-position changes institutions reported for the latest quarter, the biggest brand-new buys, the heaviest additions to existing positions, and the largest complete exits.

$554.5M
Largest new buy
$18.4M
Largest addition
$8.7B
Largest exit

The quarter's biggest move

Pacer Advisors, Inc. opened the single largest new institutional position this quarter - $554.5M in NVIDIA CORPORATION - among the reported 13F position changes for Q4 2025.

$554.5M
largest new buy (NVIDIA CORPORATI)
$18.4M
largest addition (CARVANA CO)
$8.7B
largest complete exit

Position changes are quarter-over-quarter deltas in reported long holdings, lagged up to 45 days, they reflect last quarter's activity, not live trading.

Biggest new institutional buys

  1. 1

    New position · Pacer Advisors, Inc.

  2. 2
    MICROSOFT CORP $516.0M

    New position · Banque Transatlantique SA

  3. 3
    MICROSOFT CORP $510.5M

    New position · GROUPAMA ASSET MANAGMENT

  4. 4

    New position · Banque Transatlantique SA

  5. 5
    NEWMONT CORP $472.1M

    New position · Pacer Advisors, Inc.

  6. 6

    New position · Pacer Advisors, Inc.

Largest first-time positions reported this quarter · Q4 2025

Biggest moves this quarter · Q4 2025

Biggest new buys

Biggest additions

Complete exits

Reading the movers

Position changes are a lagging, long-only snapshot of what institutions reported, useful context, not a trade signal.

  • “New buys” are first-time positions; “additions” enlarge an existing one; “exits” are positions reported down to zero, all quarter-over-quarter, lagged up to 45 days. Methodology
  • A single large buyer or seller can dominate a name, cross-check against how concentrated that stock’s institutional ownership is. Most concentrated
  • Each row links to the filer and the issuer so you can verify the full chain against the original 13F on SEC EDGAR. All rankings

Informational only, not investment advice. 13F omits shorts, options, cash, non-U.S. equities, and most derivatives, so any read on a fund's conviction is incomplete.

Source: U.S. Securities and Exchange Commission (SEC) - EDGAR Form 13F-HR institutional holdings filings · Q4 2025 Position changes computed live as quarter-over-quarter deltas in reported long holdings from the latest quarterly 13F filings.