Holders over time
- MA
- AXP
| Quarter | MA | AXP |
|---|---|---|
| Q3 2020 | 45 holders, $56.1bn | 24 holders, $25.7bn |
| Q4 2020 | 52 holders, $57.9bn | 21 holders, $30.8bn |
| Q1 2021 | 50 holders, $56.4bn | 24 holders, $36.9bn |
| Q2 2021 | 50 holders, $54.9bn | 21 holders, $42.9bn |
| Q3 2021 | 50 holders, $48.9bn | 26 holders, $42.0bn |
| Q4 2021 | 42 holders, $49.3bn | 27 holders, $39.7bn |
| Q1 2022 | 38 holders, $50.1bn | 20 holders, $45.0bn |
| Q2 2022 | 48 holders, $45.4bn | 36 holders, $33.2bn |
| Q3 2022 | 53 holders, $40.8bn | 35 holders, $32.3bn |
| Q4 2022 | 37 holders, $65.6bn | 35 holders, $34.4bn |
| Q1 2023 | 45 holders, $50.3bn | 32 holders, $38.7bn |
| Q2 2023 | 47 holders, $51.2bn | 30 holders, $40.1bn |
| Q3 2023 | 52 holders, $49.7bn | 34 holders, $34.1bn |
| Q4 2023 | 46 holders, $51.7bn | 28 holders, $42.5bn |
| Q1 2024 | 48 holders, $58.0bn | 33 holders, $52.6bn |
| Q2 2024 | 49 holders, $51.2bn | 31 holders, $52.6bn |
| Q3 2024 | 43 holders, $55.8bn | 30 holders, $60.7bn |
| Q4 2024 | 43 holders, $58.3bn | 26 holders, $65.8bn |
| Q1 2025 | 49 holders, $64.7bn | 33 holders, $59.9bn |
| Q2 2025 | 50 holders, $68.3bn | 29 holders, $69.4bn |
| Q3 2025 | 44 holders, $68.1bn | 30 holders, $70.8bn |
| Q4 2025 | 43 holders, $65.6bn | 31 holders, $77.2bn |
| Q1 2026 | 46 holders, $57.4bn | 33 holders, $61.2bn |
| Q2 2026 | 43 holders, $58.1bn | 30 holders, $65.4bn |
Mastercard Incorporated
- Holders
- 46
- Reported value
- $51.7bn
- Buyers
- 22
- Sellers
- 21
Breadth +1 among 93 comparable managers.
American Express Co
- Holders
- 28
- Reported value
- $42.5bn
- Buyers
- 11
- Sellers
- 16
Breadth -5 among 93 comparable managers.
Who holds both, Q4 2023
Both (24)
AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Berkshire Hathaway Inc, Brevan Howard Capital Management LP, Caxton Associates LLP, D. E. Shaw & Co., Eisler Capital Management Ltd, Fidelity (FMR LLC), GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Invesco Ltd, Janus Henderson Group Ltd, Man Group PLC, Markel Group Inc, MFS Investment Management, Neuberger Berman Group LLC, Schonfeld Strategic Advisors LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Two Sigma Investments LP, Wellington Management Group LLP
Only MA (22)
Acadian Asset Management LLC, Akre Capital Management LLC, Baillie Gifford & Co, Bridgewater Associates LP, Capital Research Global Investors, Capital World Investors, D1 Capital Partners LP, Davidson Kempner Capital Management LP, Egerton Capital UK LLP, Farallon Capital Management LLC, Lone Pine Capital LLC, Marshall Wace LLP, Millennium Management LLC, Moore Capital Management LP, Polen Capital Management LLC, Quantbot Technologies LP, Rokos Capital Management LLP, Soroban Capital Partners LP, Two Sigma Advisers LP, Verition Fund Management LLC, Viking Global Investors LP, Voloridge Investment Management LLC
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.