Holders over time
- HRL
- COST
| Quarter | HRL | COST |
|---|---|---|
| Q3 2020 | 17 holders, $828m | 32 holders, $15.4bn |
| Q4 2020 | 14 holders, $803m | 30 holders, $15.3bn |
| Q1 2021 | 11 holders, $504m | 29 holders, $13.4bn |
| Q2 2021 | 12 holders, $470m | 25 holders, $15.5bn |
| Q3 2021 | 13 holders, $349m | 25 holders, $16.9bn |
| Q4 2021 | 11 holders, $655m | 27 holders, $20.5bn |
| Q1 2022 | 11 holders, $562m | 32 holders, $19.9bn |
| Q2 2022 | 10 holders, $587m | 30 holders, $15.8bn |
| Q3 2022 | 11 holders, $556m | 33 holders, $16.0bn |
| Q4 2022 | 12 holders, $559m | 33 holders, $32.7bn |
| Q1 2023 | 12 holders, $488m | 29 holders, $14.9bn |
| Q2 2023 | 11 holders, $494m | 37 holders, $16.0bn |
| Q3 2023 | 11 holders, $470m | 30 holders, $16.8bn |
| Q4 2023 | 12 holders, $373m | 26 holders, $20.1bn |
| Q1 2024 | 13 holders, $493m | 29 holders, $21.5bn |
| Q2 2024 | 13 holders, $563m | 31 holders, $24.7bn |
| Q3 2024 | 10 holders, $381m | 28 holders, $24.7bn |
| Q4 2024 | 9 holders, $474m | 34 holders, $26.0bn |
| Q1 2025 | 11 holders, $524m | 35 holders, $28.2bn |
| Q2 2025 | 10 holders, $681m | 36 holders, $29.4bn |
| Q3 2025 | 5 holders, $262m | 35 holders, $26.7bn |
| Q4 2025 | 9 holders, $471m | 40 holders, $34.6bn |
| Q1 2026 | 6 holders, $708m | 40 holders, $36.1bn |
| Q2 2026 | 6 holders, $719m | 38 holders, $35.5bn |
Hormel Foods Corp
- Holders
- 12
- Reported value
- $373m
- Buyers
- 10
- Sellers
- 4
Breadth +6 among 93 comparable managers.
Costco Wholesale Corporation
- Holders
- 26
- Reported value
- $20.1bn
- Buyers
- 15
- Sellers
- 12
Breadth +3 among 93 comparable managers.
Who holds both, Q4 2023
Both (8)
AQR Capital Management LLC, Bridgewater Associates LP, Eisler Capital Management Ltd, Man Group PLC, Marshall Wace LLP, Two Sigma Advisers LP, Two Sigma Investments LP, Voloridge Investment Management LLC
Only HRL (4)
Arrowstreet Capital LP, ExodusPoint Capital Management LP, Quantbot Technologies LP, Renaissance Technologies LLC
Only COST (18)
Acadian Asset Management LLC, AllianceBernstein LP, Brevan Howard Capital Management LP, Capital Research Global Investors, Capital World Investors, Citadel Advisors LLC, Fidelity (FMR LLC), GAMCO Investors Inc, Invesco Ltd, Jane Street Group LLC, Janus Henderson Group Ltd, Markel Group Inc, MFS Investment Management, Neuberger Berman Group LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Verition Fund Management LLC, Wellington Management Group LLP
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.