Holders over time
- ADM
- PM
| Quarter | ADM | PM |
|---|---|---|
| Q3 2020 | 13 holders, $3.0bn | 25 holders, $19.7bn |
| Q4 2020 | 13 holders, $3.4bn | 25 holders, $21.5bn |
| Q1 2021 | 16 holders, $4.1bn | 27 holders, $22.1bn |
| Q2 2021 | 17 holders, $4.2bn | 20 holders, $23.2bn |
| Q3 2021 | 12 holders, $4.6bn | 25 holders, $22.8bn |
| Q4 2021 | 16 holders, $5.0bn | 26 holders, $22.3bn |
| Q1 2022 | 15 holders, $6.4bn | 29 holders, $23.2bn |
| Q2 2022 | 21 holders, $5.3bn | 28 holders, $25.8bn |
| Q3 2022 | 17 holders, $5.8bn | 33 holders, $22.2bn |
| Q4 2022 | 18 holders, $6.5bn | 26 holders, $27.0bn |
| Q1 2023 | 20 holders, $4.0bn | 36 holders, $27.6bn |
| Q2 2023 | 16 holders, $3.6bn | 29 holders, $28.9bn |
| Q3 2023 | 21 holders, $3.5bn | 32 holders, $28.5bn |
| Q4 2023 | 15 holders, $3.6bn | 34 holders, $28.8bn |
| Q1 2024 | 16 holders, $2.0bn | 36 holders, $28.4bn |
| Q2 2024 | 13 holders, $1.9bn | 31 holders, $31.4bn |
| Q3 2024 | 10 holders, $1.9bn | 39 holders, $38.2bn |
| Q4 2024 | 11 holders, $1.8bn | 40 holders, $36.6bn |
| Q1 2025 | 8 holders, $1.8bn | 44 holders, $49.1bn |
| Q2 2025 | 12 holders, $2.5bn | 44 holders, $54.3bn |
| Q3 2025 | 8 holders, $3.1bn | 36 holders, $49.3bn |
| Q4 2025 | 6 holders, $3.0bn | 26 holders, $50.5bn |
| Q1 2026 | 10 holders, $3.1bn | 25 holders, $57.3bn |
| Q2 2026 | 9 holders, $3.2bn | 27 holders, $63.8bn |
Archer Daniels Midland Co
- Holders
- 15
- Reported value
- $3.6bn
- Buyers
- 10
- Sellers
- 7
Breadth +3 among 93 comparable managers.
Philip Morris Intl Inc
- Holders
- 34
- Reported value
- $28.8bn
- Buyers
- 16
- Sellers
- 17
Breadth -1 among 93 comparable managers.
Who holds both, Q4 2023
Both (12)
AQR Capital Management LLC, Capital World Investors, Holocene Advisors LP, Invesco Ltd, Markel Group Inc, MFS Investment Management, Millennium Management LLC, Quantbot Technologies LP, Squarepoint Ops LLC, Tudor Investment Corp, Voloridge Investment Management LLC, Wellington Management Group LLP
Only ADM (3)
Only PM (22)
Acadian Asset Management LLC, AllianceBernstein LP, Artisan Partners LP, Bridgewater Associates LP, Capital Research Global Investors, Citadel Advisors LLC, D1 Capital Partners LP, Dodge & Cox, Eisler Capital Management Ltd, Fidelity (FMR LLC), First Eagle Investment Management LLC, Harris Associates LP, Hudson Bay Capital Management LP, Lone Pine Capital LLC, Maverick Capital Ltd, Neuberger Berman Group LLC, Point72 Asset Management LP, Schonfeld Strategic Advisors LLC, T. Rowe Price Associates Inc, Two Sigma Advisers LP, Two Sigma Investments LP, Viking Global Investors LP
How much of the picture this is
A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. Buyers and sellers count comparable managers (those that filed both quarters) by shares, so a rise in value with no rise in shares is the price. Large books are listed to their largest positions. These are 95 tracked managers, not the institutional market.