Holders over time
- QTWO
- MSFT
| Quarter | QTWO | MSFT |
|---|---|---|
| Q3 2020 | 8 holders, $1.1bn | 63 holders, $218bn |
| Q4 2020 | 9 holders, $1.6bn | 66 holders, $228bn |
| Q1 2021 | 8 holders, $934m | 65 holders, $241bn |
| Q2 2021 | 5 holders, $972m | 62 holders, $273bn |
| Q3 2021 | 5 holders, $587m | 64 holders, $283bn |
| Q4 2021 | 5 holders, $543m | 65 holders, $336bn |
| Q1 2022 | 5 holders, $400m | 63 holders, $297bn |
| Q2 2022 | 4 holders, $153m | 67 holders, $245bn |
| Q3 2022 | 5 holders, $128m | 68 holders, $216bn |
| Q4 2022 | 4 holders, $58m | 62 holders, $217bn |
| Q1 2023 | 3 holders, $46m | 65 holders, $254bn |
| Q2 2023 | 2 holders, $33m | 69 holders, $304bn |
| Q3 2023 | 2 holders, $49m | 71 holders, $281bn |
| Q4 2023 | 4 holders, $92m | 66 holders, $333bn |
| Q1 2024 | 1 holders, $54m | 68 holders, $361bn |
| Q2 2024 | 1 holders, $49m | 67 holders, $374bn |
| Q3 2024 | 3 holders, $170m | 69 holders, $356bn |
| Q4 2024 | 5 holders, $364m | 70 holders, $338bn |
| Q1 2025 | 6 holders, $378m | 67 holders, $294bn |
| Q2 2025 | 5 holders, $431m | 65 holders, $401bn |
| Q3 2025 | 4 holders, $309m | 70 holders, $427bn |
| Q4 2025 | 4 holders, $332m | 68 holders, $411bn |
| Q1 2026 | 3 holders, $102m | 64 holders, $312bn |
| Q2 2026 | 2 holders, $75m | 60 holders, $291bn |
Q2 Holdings Inc
- Holders
- 4
- Reported value
- $92m
- Buyers
- 2
- Sellers
- 2
Breadth 0 among 93 comparable managers.
Microsoft Corp
- Holders
- 66
- Reported value
- $333bn
- Buyers
- 20
- Sellers
- 48
Breadth -28 among 93 comparable managers.
Who holds both, Q4 2023
Both (4)
MFS Investment Management, Two Sigma Advisers LP, Two Sigma Investments LP, Voloridge Investment Management LLC
Only QTWO (0)
None.
Only MSFT (62)
Acadian Asset Management LLC, AllianceBernstein LP, Altimeter Capital Management LP, Appaloosa LP, AQR Capital Management LLC, ARK Investment Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Baillie Gifford & Co, Balyasny Asset Management LLC, Brevan Howard Capital Management LP, Bridgewater Associates LP, Capital Research Global Investors, Capital World Investors, Caxton Associates LLP, Citadel Advisors LLC, Coatue Management LLC, D. E. Shaw & Co., D1 Capital Partners LP, Davidson Kempner Capital Management LP, Dodge & Cox, Egerton Capital UK LLP, Eisler Capital Management Ltd, ExodusPoint Capital Management LP, Farallon Capital Management LLC, and 37 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.