Who owns LII (LII)
Which tracked institutional funds hold LII, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See LII company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
108 tracked funds added or opened LII while 160 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
LII’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes LII more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in LII divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 625 tracked filers holding LII, 320 increased or opened the position and 315 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in LII between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 37
- VANGUARD CAPITAL MANAGEMENT LLC$953M
- VANGUARD PORTFOLIO MANAGEMENT LLC$665M
- VANGUARD FIDUCIARY TRUST CO$85M
- LORD, ABBETT & CO. LLC$60M
- Vanguard Global Advisers, LLC$31M
- MARSHALL WACE, LLP$27M
Full exits 35
- VANGUARD GROUP INC$1.8B
- Junto Capital Management LP$77M
- D. E. Shaw & Co., Inc.$71M
- Davidson Kempner Capital Management LP$34M
- VIRGINIA RETIREMENT SYSTEMS ET Al$21M
- Janney Montgomery Scott LLC$14M
Largest adds
- VIKING GLOBAL INVESTORS LP$428M
- NORGES BANK$175M
- UBS Group AG$90M
- NEUBERGER BERMAN GROUP LLC$77M
- BANK OF AMERICA CORP /DE/$64M
- ENVESTNET ASSET MANAGEMENT INC$33M
Largest trims
- BlackRock, Inc.$432M
- M&T Bank Corp$182M
- Invesco Ltd.$103M
- KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC$62M
- Capital International Investors$58M
- NORDEA INVESTMENT MANAGEMENT AB$49M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Capital International Investors added | 2,862,536 | $1.3B | 9.7% | 2026-Q1 |
| BlackRock, Inc. trimmed | 2,234,193 | $1.0B | 7.6% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 2,054,331 | $953M | 7.0% | 2026-Q1 |
| VIKING GLOBAL INVESTORS LP added | 1,572,419 | $730M | 5.4% | 2026-Q1 |
| STATE STREET CORP added | 1,437,417 | $669M | 4.9% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 1,432,631 | $665M | 4.9% | 2026-Q1 |
| MORGAN STANLEY added | 1,089,220 | $506M | 3.7% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 900,176 | $416M | 3.1% | 2026-Q1 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC trimmed | 875,168 | $406M | 3.0% | 2026-Q1 |
| NORGES BANK added | 608,142 | $341M | 2.5% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 644,634 | $299M | 2.2% | 2026-Q1 |
| Invesco Ltd. trimmed | 506,100 | $235M | 1.7% | 2026-Q1 |
| Beacon Pointe Advisors, LLC trimmed | 417,422 | $194M | 1.4% | 2026-Q1 |
| UBS Group AG added | 394,603 | $183M | 1.3% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 341,315 | $158M | 1.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 323,136 | $150M | 1.1% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 320,373 | $149M | 1.1% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 314,378 | $146M | 1.1% | 2026-Q1 |
| LONDON CO OF VIRGINIA trimmed | 283,923 | $132M | 1.0% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 271,408 | $126M | 0.9% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 233,385 | $108M | 0.8% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 213,223 | $99M | 0.7% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 201,627 | $94M | 0.7% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 183,938 | $85M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 183,699 | $85M | 0.6% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 183,166 | $85M | 0.6% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC added | 170,310 | $79M | 0.6% | 2026-Q1 |
| True North Advisors, LLC trimmed | 165,792 | $77M | 0.6% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 142,374 | $66M | 0.5% | 2026-Q1 |
| EULAV Asset Management trimmed | 135,300 | $63M | 0.5% | 2026-Q1 |
| LORD, ABBETT & CO. LLC added | 130,336 | $60M | 0.4% | 2026-Q1 |
| Amundi trimmed | 127,746 | $59M | 0.4% | 2026-Q1 |
| Legal & General Group Plc trimmed | 123,178 | $57M | 0.4% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 123,212 | $55M | 0.4% | 2026-Q1 |
| Fiera Capital Corp added | 104,467 | $48M | 0.4% | 2026-Q1 |
| BARCLAYS PLC added | 99,416 | $46M | 0.3% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 95,502 | $44M | 0.3% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 93,934 | $44M | 0.3% | 2026-Q1 |
| Swiss National Bank added | 92,620 | $43M | 0.3% | 2026-Q1 |
| Nuveen, LLC added | 90,896 | $42M | 0.3% | 2026-Q1 |
| Sone Capital Management, LLC added | 83,859 | $39M | 0.3% | 2026-Q1 |
| Capital International, Inc./CA/ added | 82,775 | $38M | 0.3% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 78,153 | $36M | 0.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 78,148 | $36M | 0.3% | 2026-Q1 |
| CITIGROUP INC added | 76,750 | $36M | 0.3% | 2026-Q1 |
| FEDERATED HERMES, INC. trimmed | 74,070 | $34M | 0.3% | 2026-Q1 |
| WORLDQUANT MILLENNIUM ADVISORS LLC added | 72,218 | $34M | 0.2% | 2026-Q1 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 71,410 | $33M | 0.2% | 2026-Q1 |
| Jain Global LLC trimmed | 70,243 | $33M | 0.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 67,512 | $31M | 0.2% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 66,900 | $31M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 66,820 | $31M | 0.2% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 65,283 | $30M | 0.2% | 2026-Q1 |
| California Public Employees Retirement System added | 63,092 | $29M | 0.2% | 2026-Q1 |
| Sumitomo Mitsui Trust Group, Inc. added | 62,868 | $29M | 0.2% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 62,032 | $29M | 0.2% | 2026-Q1 |
| Point72 Asset Management, L.P. trimmed | 61,340 | $28M | 0.2% | 2026-Q1 |
| HSBC HOLDINGS PLC added | 60,485 | $28M | 0.2% | 2026-Q1 |
| Squarepoint Ops LLC added | 59,628 | $28M | 0.2% | 2026-Q1 |
| JACOBS LEVY EQUITY MANAGEMENT, INC added | 58,585 | $27M | 0.2% | 2026-Q1 |
| MARSHALL WACE, LLP added | 58,517 | $27M | 0.2% | 2026-Q1 |
| SG Americas Securities, LLC added | 56,797 | $26M | 0.2% | 2026-Q1 |
| NATIXIS ADVISORS, LLC added | 56,592 | $26M | 0.2% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 53,729 | $24M | 0.2% | 2026-Q1 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC trimmed | 50,192 | $23M | 0.2% | 2026-Q1 |
| Schonfeld Strategic Advisors LLC trimmed | 47,118 | $22M | 0.2% | 2026-Q1 |
| Aventail Capital Group, LP new | 46,016 | $21M | 0.2% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 45,343 | $21M | 0.2% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND | 45,013 | $21M | 0.2% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 42,641 | $21M | 0.2% | 2026-Q1 |
| Woodline Partners LP added | 43,676 | $20M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 42,282 | $20M | 0.1% | 2026-Q1 |
| Pictet Asset Management Holding SA trimmed | 41,910 | $19M | 0.1% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 41,293 | $19M | 0.1% | 2026-Q1 |
| Fisher Asset Management, LLC added | 41,084 | $19M | 0.1% | 2026-Q1 |
| Baird Financial Group, Inc. trimmed | 40,579 | $19M | 0.1% | 2026-Q1 |
| SEI INVESTMENTS CO added | 40,449 | $19M | 0.1% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC trimmed | 39,683 | $18M | 0.1% | 2026-Q1 |
| CAMPBELL NEWMAN ASSET MANAGEMENT INC new | 37,824 | $18M | 0.1% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL added | 37,551 | $17M | 0.1% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 37,470 | $17M | 0.1% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC added | 31,259 | $14M | 0.1% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 30,865 | $14M | 0.1% | 2026-Q1 |
| AVIVA PLC added | 29,790 | $14M | 0.1% | 2026-Q1 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed | 28,447 | $13M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 3,720,092 | $1.8B | 13.3% | 2025-Q4 stale |
| Junto Capital Management LP added | 158,042 | $77M | 0.6% | 2025-Q4 stale |
| D. E. Shaw & Co., Inc. added | 145,446 | $71M | 0.5% | 2025-Q4 stale |
| Holocene Advisors, LP added | 125,005 | $66M | 0.5% | 2025-Q3 stale |
| AXA Investment Managers S.A. new | 103,676 | $55M | 0.4% | 2025-Q3 stale |
| Achmea Investment Management B.V. trimmed | 91,071 | $48M | 0.4% | 2025-Q3 stale |
| AXA S.A. trimmed | 67,813 | $39M | 0.3% | 2025-Q2 stale |
| Davidson Kempner Capital Management LP new | 70,000 | $34M | 0.2% | 2025-Q4 stale |
| Cartenna Capital, LP trimmed | 42,500 | $24M | 0.2% | 2025-Q1 stale |
| Qube Research & Technologies Ltd added | 41,286 | $22M | 0.2% | 2025-Q3 stale |
| VIRGINIA RETIREMENT SYSTEMS ET Al trimmed | 43,197 | $21M | 0.2% | 2025-Q4 stale |
| BRIGHTON JONES LLC added | 32,532 | $17M | 0.1% | 2025-Q3 stale |
| Aware Super Pty Ltd as trustee of Aware Super added | 27,098 | $14M | 0.1% | 2025-Q3 stale |
| Janney Montgomery Scott LLC trimmed | 29,441 | $14M | 0.1% | 2025-Q4 stale |
| PINEBRIDGE INVESTMENTS, L.P. added | 26,436 | $14M | 0.1% | 2025-Q3 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.