Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.
Institutional holdings are being reconciled with SEC filings. Holder totals and changes may be incomplete until reconciliation finishes.
The Sep 30, 2026 filing window is
still open — showing the latest known positions. Funds that have not filed yet
carry their prior-quarter positions; a fund that filed without this stock counts
as sold out. Each fund's Change is measured against its own
previous reported quarter, shown in the Reported column. Pick a
completed quarter in the Quarter selector below to put every
fund on one quarter and see the stock-wide activity breakdown.
Holders:75
Total Value:$32,854,995
Total Shares:70,722,517
Institutional Ownership Trend
27 quarters
Holder Concentration
Across 75 13F filers
Top Holder
56.0%
of institutional value
Top 5
100.0%
of institutional value
Top 10
100.0%
of institutional value
HHI
5,072
Highly concentrated
Who Holds LU
Last 8 quarters through Sep 30, 2026 (filing window open)
Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory
records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book.
The quarter selector does not change this card.
Jun 30, 2026, the newest closed quarter:
75 filers,
like-for-like change -15.9%; actively managed books -18.5%; index-like books -18.4%.
Holder type
Share
Filers
Change
New
Exited
Registered adviser
20.2%
22
-10.4%
8
4
Exempt adviser
35.6%
3
+6.7%
1
0
Adviser
1.0%
3
-92.4%
1
1
Bank
10.3%
11
+56.1%
0
0
Benefit plan
0.2%
1
-51.6%
0
0
Non-US
4.5%
3
-67.5%
0
0
Holding company
9.4%
4
-38.9%
0
3
Broker-dealer
0.0%
0
-100.0%
0
1
Unknown
18.7%
28
-15.8%
6
7
Style
Share
Filers
Change
New
Exited
Index-like
34.2%
23
-18.4%
1
1
Systematic-like
2.4%
11
+101.6%
8
3
Concentrated
20.6%
6
+13.1%
2
2
Diversified active
27.1%
34
-35.7%
5
10
Unknown
15.6%
1
0.0%
0
0
Not measured
0.0%
0
—
0
0
Turnover
Share
Filers
Change
New
Exited
Low turnover
24.8%
34
-44.9%
4
10
Medium turnover
50.6%
12
+9.8%
0
2
High turnover
5.9%
21
+33.3%
10
4
Unknown
18.7%
8
-21.8%
2
0
Not measured
0.0%
0
—
0
0
Holding horizon
Share
Filers
Change
New
Exited
Short horizon
35.9%
14
-3.0%
5
3
Medium horizon
24.7%
11
-1.1%
0
1
Long horizon
38.5%
43
-32.7%
7
10
Unknown
0.8%
7
-17.6%
4
2
Not measured
0.0%
0
—
0
0
13F book size
Share
Filers
Change
New
Exited
Under $1B
37.2%
10
+7.1%
2
2
$1B to $10B
1.2%
14
+75.2%
9
7
$10B to $100B
7.9%
15
-20.1%
4
1
$100B or more
53.7%
36
-28.0%
1
6
Not measured
0.0%
0
—
0
0
Client base
Share
Filers
Change
New
Exited
Individuals and high net worth
0.1%
6
+98.2%
2
1
Pooled investment vehicles
2.5%
9
+147.5%
5
1
Registered funds and BDCs
17.2%
3
-18.6%
0
0
Governments and sovereign funds
0.0%
1
+52.5%
0
0
Other investment advisers
0.0%
1
+1.3%
1
1
Diversified
0.4%
2
0.0%
0
1
Unknown
79.8%
53
-17.3%
8
12
Private funds
Share
Filers
Change
New
Exited
Hedge funds
38.1%
12
+11.0%
6
0
Private equity funds
0.0%
1
0.0%
0
0
Real estate funds
0.0%
1
+92.0%
0
0
Securitized asset funds
0.2%
1
0.0%
0
0
Mixed private funds
0.1%
1
0.0%
0
0
No private funds
17.3%
9
-18.2%
3
3
Private funds, type not stated
0.0%
0
-100.0%
0
1
Other private funds
0.0%
0
—
0
0
Unknown
44.2%
50
-31.2%
7
12
Location
Share
Filers
Change
New
Exited
United States
48.3%
53
-20.0%
15
13
Outside the US
51.7%
22
-11.4%
1
3
The Sep 30, 2026 filing window is still open, so its
bar carries the Jun 30, 2026 positions of filers that have not filed yet.
How the mix is measured
Shares are 13F common shares restated to today's split basis; options and principal amounts are left out.
The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later
quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type
comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster
current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and
book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none
was. Actively managed books are those measured systematic-like, concentrated or diversified active.
Excluded 1 holder with no observed 2026-03-31 13F and 1 holder with no observed 2026-06-30 13F.
Conviction and Crowding
75 13F filers, quarter ended Jun 30, 2026
Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts
filers with high turnover or that advise private funds on Form ADV.
Conviction holders
2
2.67% of filers hold it in their top 10
Mar 31, 2026: 2
Holders above 5%
1
median weight 4.69%
Mar 31, 2026: 2
Crowding
—
no cover-page share count is dated within about a year of the quarter end
Private-fund advisers
—
of shares outstanding
Institutional ownership
—
no cover-page share count is dated within about a year of the quarter end
How long holders have held itvalue-weighted 8.8 quarters
Under 1 year 0.000%1 to 3 years 56.0%3 years or more 44.0%Since coverage start 0.000%
Managers in the top fifth by current three-year FundScore alpha were net
buyers of $0
(0 buying, 0 selling).
Estimated Holder Cost Basis
Quarter ended Jun 30, 2026, on that quarter's share basis
Estimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps
the average cost, so this is what holders paid on average if they traded evenly through each quarter.
Estimated avg cost
$3.06
estimated per share
Mar 31, 2026: $3.82
Quarter-end price
$1.32
implied by 13F values
Estimated gain or loss
-56.8%
price against the estimated cost
Estimated at a loss
100.0%
of costed 13F value
Estimated cost covers 68.9% of the 13F shares; positions
already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.
Shared Holders
Companies LU's active holders also own, quarter ended Sep 30, 2025
Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026
Index funds and index ETFs hold 1.13% of shares outstanding.
Fund type
Of shares outstanding
Change
Shares
Funds
Index funds
0.10%
+0.08 pp
907,009
3
Index ETFs
1.03%
-1.34 pp
8,889,829
16
Active ETFs
0.00%
-0.03 pp
0
0
Active funds
0.58%
+0.45 pp
5,036,168
3
Unclassified
0.03%
+0.03 pp
225,148
4
All registered funds
1.74%
-0.82 pp
15,058,154
26
How fund types are measured
Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share
positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or
before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have
no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their
advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.
