Holders over time
- CFR
- WFC
| Quarter | CFR | WFC |
|---|---|---|
| Q3 2020 | 10 holders, $450m | 34 holders, $15.9bn |
| Q4 2020 | 9 holders, $564m | 33 holders, $19.5bn |
| Q1 2021 | 8 holders, $795m | 31 holders, $23.4bn |
| Q2 2021 | 8 holders, $900m | 33 holders, $28.0bn |
| Q3 2021 | 9 holders, $945m | 28 holders, $27.7bn |
| Q4 2021 | 8 holders, $935m | 32 holders, $28.6bn |
| Q1 2022 | 8 holders, $1.1bn | 37 holders, $28.8bn |
| Q2 2022 | 10 holders, $616m | 32 holders, $24.1bn |
| Q3 2022 | 12 holders, $952m | 28 holders, $25.5bn |
| Q4 2022 | 14 holders, $706m | 33 holders, $25.2bn |
| Q1 2023 | 11 holders, $440m | 34 holders, $21.5bn |
| Q2 2023 | 7 holders, $365m | 29 holders, $23.4bn |
| Q3 2023 | 7 holders, $276m | 30 holders, $22.9bn |
| Q4 2023 | 9 holders, $317m | 32 holders, $27.2bn |
| Q1 2024 | 4 holders, $288m | 27 holders, $33.6bn |
| Q2 2024 | 5 holders, $263m | 37 holders, $34.1bn |
| Q3 2024 | 5 holders, $271m | 35 holders, $32.0bn |
| Q4 2024 | 4 holders, $324m | 42 holders, $38.9bn |
| Q1 2025 | 2 holders, $250m | 39 holders, $38.2bn |
| Q2 2025 | 5 holders, $331m | 33 holders, $41.6bn |
| Q3 2025 | 7 holders, $419m | 29 holders, $41.5bn |
| Q4 2025 | 6 holders, $326m | 29 holders, $43.6bn |
| Q1 2026 | 5 holders, $561m | 34 holders, $36.8bn |
| Q2 2026 | 6 holders, $1.1bn | 41 holders, $38.2bn |
Cullen Frost Bankers Inc
- Holders
- 9
- Reported value
- $317m
- Buyers
- 5
- Sellers
- 4
Breadth +1 among 93 comparable managers.
Wells Fargo & Co
- Holders
- 32
- Reported value
- $27.2bn
- Buyers
- 16
- Sellers
- 17
Breadth -1 among 93 comparable managers.
Who holds both, Q4 2023
Both (6)
Brevan Howard Capital Management LP, ExodusPoint Capital Management LP, Janus Henderson Group Ltd, Marshall Wace LLP, Neuberger Berman Group LLC, Schonfeld Strategic Advisors LLC
Only CFR (3)
Only WFC (26)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Bridgewater Associates LP, Capital World Investors, Caxton Associates LLP, D. E. Shaw & Co., Dodge & Cox, Eisler Capital Management Ltd, Fidelity (FMR LLC), GAMCO Investors Inc, Harris Associates LP, Hudson Bay Capital Management LP, Invesco Ltd, Jane Street Group LLC, Markel Group Inc, MFS Investment Management, Millennium Management LLC, Rokos Capital Management LLP, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Tudor Investment Corp, Voloridge Investment Management LLC, Walleye Capital LLC, and 1 more
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.