Holders over time
- MTB
- JPM
| Quarter | MTB | JPM |
|---|---|---|
| Q3 2020 | 21 holders, $2.1bn | 35 holders, $33.0bn |
| Q4 2020 | 15 holders, $2.8bn | 32 holders, $45.6bn |
| Q1 2021 | 13 holders, $3.4bn | 32 holders, $49.9bn |
| Q2 2021 | 15 holders, $3.2bn | 31 holders, $48.4bn |
| Q3 2021 | 18 holders, $3.6bn | 31 holders, $48.9bn |
| Q4 2021 | 15 holders, $3.6bn | 34 holders, $46.1bn |
| Q1 2022 | 11 holders, $5.1bn | 35 holders, $37.9bn |
| Q2 2022 | 15 holders, $5.3bn | 37 holders, $30.9bn |
| Q3 2022 | 17 holders, $6.1bn | 41 holders, $26.8bn |
| Q4 2022 | 20 holders, $10.8bn | 33 holders, $80.3bn |
| Q1 2023 | 14 holders, $3.7bn | 34 holders, $33.4bn |
| Q2 2023 | 14 holders, $3.8bn | 34 holders, $38.7bn |
| Q3 2023 | 7 holders, $3.8bn | 32 holders, $39.4bn |
| Q4 2023 | 12 holders, $3.9bn | 30 holders, $45.0bn |
| Q1 2024 | 10 holders, $4.2bn | 37 holders, $52.6bn |
| Q2 2024 | 12 holders, $4.5bn | 36 holders, $52.8bn |
| Q3 2024 | 11 holders, $5.3bn | 29 holders, $50.1bn |
| Q4 2024 | 11 holders, $5.2bn | 30 holders, $55.8bn |
| Q1 2025 | 19 holders, $5.4bn | 35 holders, $51.3bn |
| Q2 2025 | 16 holders, $5.5bn | 38 holders, $59.8bn |
| Q3 2025 | 11 holders, $5.6bn | 36 holders, $63.3bn |
| Q4 2025 | 11 holders, $6.1bn | 36 holders, $57.9bn |
| Q1 2026 | 10 holders, $6.1bn | 39 holders, $51.7bn |
| Q2 2026 | 13 holders, $7.0bn | 43 holders, $54.6bn |
M & T BK Corp
- Holders
- 12
- Reported value
- $3.9bn
- Buyers
- 7
- Sellers
- 5
Breadth +2 among 93 comparable managers.
JPMorgan Chase & Co
- Holders
- 30
- Reported value
- $45.0bn
- Buyers
- 14
- Sellers
- 16
Breadth -2 among 93 comparable managers.
Who holds both, Q4 2023
Both (7)
Fidelity (FMR LLC), GAMCO Investors Inc, Invesco Ltd, Marshall Wace LLP, MFS Investment Management, Schonfeld Strategic Advisors LLC, Wellington Management Group LLP
Only MTB (5)
Artisan Partners LP, Caxton Associates LLP, Quantbot Technologies LP, Tudor Investment Corp, Walleye Capital LLC
Only JPM (23)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Balyasny Asset Management LLC, Brevan Howard Capital Management LP, Capital Research Global Investors, Capital World Investors, Citadel Advisors LLC, D. E. Shaw & Co., Dodge & Cox, Eisler Capital Management Ltd, Harris Associates LP, Janus Henderson Group Ltd, Man Group PLC, Markel Group Inc, Maverick Capital Ltd, Neuberger Berman Group LLC, Renaissance Technologies LLC, Squarepoint Ops LLC, Susquehanna International Group LLP, T. Rowe Price Associates Inc, Winton Group Ltd
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.