Trimble Inc.

The full register, from 13F filings

The Register tab above is hand research: a dozen holders, each traced to the filing it came from. This asks the same question of the whole market for the quarter ended 31-mar-2026, where 766 managers reported a position. Broad where the research is deep, and shallow in the ways a 13F always is.

Built from 13F filings, which report US listed, long, US custodied positions only. A register from this source is a floor rather than a level: a holder's true position can be far larger, as BlackRock's ASML stake shows at 1.28m shares in a 13F against 26.3m in its 13G/A. Holdings held through derivatives, outside US custody, or below a manager's reporting obligation do not appear. Where a holder is marked as a family, its total sums several separate filing entities and describes something no single filing describes; the constituent entities and their share counts are listed so the total can be checked. That roll-up can legitimately exceed the family's own Schedule 13G, because a 13G is filed by one legal entity: Vanguard reports Alphabet through ten advisory entities, and The Vanguard Group Inc itself reported zero after its January 2026 disaggregation.

What a reader needs to know to read these numbers

• Holdings side: Trimble is confirmed JV-heavy, as the brief anticipated, but only ONE of its five equity-method/strategic-investment relationships (PTx Trimble, the AGCO agriculture joint venture) is individually disaggregated with its own carrying value in current filings; the other four (Caterpillar-Trimble Control Technologies, the Nikon-Trimble joint venture, the Hilti joint venture, and Platform Science's remainder) either sit inside a combined balance or, for Hilti, were never disclosed with a percentage at all. Trimble's Q2 2026 10-Q (Note 5, 'Equity Investments') carries two buckets: 'Equity method investments' of $345.7 million (Q2 2026) / $340.4 million (FY2025 end), of which $212.1 million / $216.8 million is individually attributed to the 15 percent PTx Trimble stake, leaving $133.6 million / $123.6 million covering CTCT, Nikon-Trimble, Hilti and any smaller equity-method entities undisaggregated; and 'Other investments' of $271.7 million (Q2 2026) / $270.4 million (FY2025 end), of which $253.9 million is individually attributed to the 32.5 percent Platform Science stake (unchanged both periods), leaving roughly $17.8 million / $16.5 million of smaller privately-held stakes (ownership 1 percent to 32.5 percent per the note) undisaggregated. Per the brief's rule against assigning a shared balance to one investee, every holdings row that sits inside one of these two undisaggregated remainders carries value_usd: null.
• CTCT (Caterpillar) and the Nikon-Trimble joint venture were each explicitly disclosed at 50 percent owned by Trimble / 50 percent owned by the partner in Trimble's FY2010 10-K (filed 1 Mar 2011, fetched in this task), the last filing found to state a percentage for either. Both are still described in the present tense as active relationships in the FY2025 10-K (filed 25 Feb 2026), so they are treated as currently held, with pct_of_target carrying the last filed figure (50, written as a whole percentage per the brief's pct_of_target rule) and an explicit staleness caveat in each row's method_note. The Hilti joint venture is also described in the present tense in the FY2025 10-K but was never found with a stated ownership percentage in any Trimble filing searched (FY2010, FY2011, FY2013, FY2017, or the current 10-K/10-Q), so its pct_of_target and value_usd are both null rather than assumed to match the other two ventures' 50/50 structure.
• Caterpillar's own equity-graph file (data/research/caterpillar.json) does not mention Trimble or CTCT anywhere in its holdings or notes, so no reciprocal 'do the two halves sum to 100' cross-check was possible for CTCT; AGCO does not yet have a research file in this database, so the same cross-check was not possible for PTx Trimble either, though Trimble's own 15 percent figure for PTx Trimble is independently well sourced (stated twice, in both the current 10-Q and cross-referenced via the FY2025 10-K's description of the 2024 Ag divestiture).
• Capital Group family checked and found to hold NOTHING in Trimble as of Q2 2026: all 8 registrants that hold securities read directly against CUSIP 896239100 with zero matches (Capital World Investors 0001422849, Capital International Investors 0001562230, Capital Research Global Investors 0001422848, Capital Group Investment Management Pte. Ltd. 0001939970, Capital Group Private Client Services, Inc. 0001857666, Capital International, Inc./CA/ 0000895213, Capital International Ltd /CA/ 0001065350, Capital International Sarl 0001065349); the remaining 3 registrants filed Form 13F-NT for Q2 2026 with no holdings at all (Capital Research & Management Co 0000017283, Capital Group Companies, Inc. 0000732812, Capital Group International, Inc. 0000949308). This matches the project's own 31 Mar 2026 register snapshot (data/registers/TRMB.json), which also shows no Capital Group entity among Trimble's top 40 holders. No row recorded; this is a genuine negative rather than an omission.
• T. Rowe Price Investment Management, Inc. (CIK 0001897612), the second T. Rowe Price registrant the brief specifically flags, was checked directly against CUSIP 896239100 in its own Q2 2026 13F-HR and holds ZERO shares of Trimble as of 30 Jun 2026 (no matching issuer name or CUSIP found among its 738 reported rows). Only T. Rowe Price Associates, Inc. (CIK 0000080255) holds; see its register row. Recorded as a note rather than a null row per the brief.
• The Vanguard Group's 2026 DEF 14A 5%-owner figure (30,570,253 shares, 13.2%, sourced to a Schedule 13G) and Morgan Stanley's (13,064,278 shares, 5.6%, sourced to a Schedule 13G filed 5 Aug 2025 and later amended 12 May 2026) were both cross-checked against the fresher, itemized Q2 2026 13F data. Vanguard's family-summed 13F total (29,791,336 shares) is close to its proxy figure; Morgan Stanley's 13F total (9,316,565 shares) is materially smaller than its proxy/13G figure, most likely because 13D/13G beneficial ownership can span additional business units (e.g. wealth-management client accounts) beyond the discretionary-investment-adviser scope captured by a 13F. Both reconciliations are recorded on the relevant register rows; the fresher 13F figure is used as the primary value in both cases per the brief.
• Self-gate computed from this final file, following the chart's own arithmetic (members at full value, an aggregate reduced only by members that roll into it; here no register row rolls into another, so every row, including the directors/officers aggregate, counts at full value): 15 register rows, 111,949,510 total shares (Vanguard family 29,791,336 + BlackRock 21,420,556 + State Street 11,644,706 + Morgan Stanley 9,316,565 + Invesco 7,365,918 + Generation Investment Management 7,190,197 + Geode 6,626,366 + Select Equity Group 5,080,354 + PRIMECAP 3,915,691 + King Luther Capital Management 3,614,882 + Wellington Management Group 3,167,464 + JPMorgan 898,673 + T. Rowe Price Associates 465,531 + Fidelity/FMR 80,894 + directors/officers aggregate 1,370,377), against shares_outstanding 233,179,848 = 48.01% of the company. This is somewhat above the brief's expected 25-45% band but well below the 55% threshold the brief flags as a likely error; it reflects that this register carries 14 rows (more than the brief's suggested top 8-12) rather than a double-counted holder or a units mismatch, which the implied-price check below rules out.
• Implied per-share price check across every Q2 2026 institutional row: all fall in a tight $50.78-$51.18 band (Vanguard family, BlackRock, State Street, Morgan Stanley, Invesco, Generation Investment Management, Select Equity Group, PRIMECAP, King Luther, Wellington, T. Rowe Price Associates and Fidelity all at ~$51.18; Geode at ~$50.98; JPMorgan at ~$50.78), a strong independent cross-check that every row is the same CUSIP 896239100 common-stock instrument at the same 30 Jun 2026 date. The live intraday price used for market_cap_usd is materially higher, $59.21 on 19 Aug 2026 (Nasdaq API, 3:45pm ET), about seven weeks after the 13F date and roughly a 15.7 percent rise, which is a large but not implausible move for this stock (its own 52-week range per the same Nasdaq quote is $47.92 to $84.42).
• Current price used for market_cap_usd is a live intraday quote (Nasdaq API, $59.21, 19 Aug 2026) multiplied by the 7 Aug 2026 cover-page share count from the Q2 2026 10-Q (233,179,848 shares); the two dates do not match exactly (about two weeks apart) because no single filing carries both a current price and a current share count. Disclosed rather than treated as precise.
• No em dashes used anywhere in this file's text fields per the brief.