Holders over time
- TDOC
- CI
| Quarter | TDOC | CI |
|---|---|---|
| Q3 2020 | 13 holders, $2.9bn | 34 holders, $18.1bn |
| Q4 2020 | 15 holders, $4.9bn | 22 holders, $21.9bn |
| Q1 2021 | 12 holders, $5.7bn | 24 holders, $23.9bn |
| Q2 2021 | 9 holders, $5.2bn | 31 holders, $22.5bn |
| Q3 2021 | 10 holders, $4.3bn | 30 holders, $17.8bn |
| Q4 2021 | 9 holders, $3.0bn | 26 holders, $20.1bn |
| Q1 2022 | 10 holders, $2.4bn | 28 holders, $20.4bn |
| Q2 2022 | 12 holders, $1.4bn | 32 holders, $22.1bn |
| Q3 2022 | 13 holders, $1.0bn | 31 holders, $21.5bn |
| Q4 2022 | 15 holders, $889m | 30 holders, $24.7bn |
| Q1 2023 | 13 holders, $995m | 35 holders, $18.2bn |
| Q2 2023 | 14 holders, $868m | 30 holders, $19.8bn |
| Q3 2023 | 8 holders, $559m | 28 holders, $19.8bn |
| Q4 2023 | 9 holders, $692m | 31 holders, $20.6bn |
| Q1 2024 | 9 holders, $454m | 28 holders, $24.0bn |
| Q2 2024 | 6 holders, $213m | 28 holders, $19.5bn |
| Q3 2024 | 5 holders, $146m | 25 holders, $20.2bn |
| Q4 2024 | 7 holders, $195m | 23 holders, $15.2bn |
| Q1 2025 | 6 holders, $167m | 24 holders, $18.4bn |
| Q2 2025 | 6 holders, $186m | 34 holders, $19.5bn |
| Q3 2025 | 3 holders, $119m | 28 holders, $16.2bn |
| Q4 2025 | 2 holders, $58m | 21 holders, $14.6bn |
| Q1 2026 | 4 holders, $97m | 26 holders, $13.5bn |
| Q2 2026 | 5 holders, $163m | 28 holders, $13.0bn |
Teladoc Health Inc
- Holders
- 9
- Reported value
- $692m
- Buyers
- 6
- Sellers
- 3
Breadth +3 among 93 comparable managers.
The Cigna Group
- Holders
- 31
- Reported value
- $20.6bn
- Buyers
- 16
- Sellers
- 19
Breadth -3 among 93 comparable managers.
Who holds both, Q4 2023
Both (5)
Bridgewater Associates LP, ExodusPoint Capital Management LP, Man Group PLC, Renaissance Technologies LLC, Woodline Partners LP
Only TDOC (4)
ARK Investment Management LLC, Baillie Gifford & Co, Maverick Capital Ltd, Point72 Asset Management LP
Only CI (26)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Balyasny Asset Management LLC, Capital World Investors, Citadel Advisors LLC, D. E. Shaw & Co., Dodge & Cox, Fidelity (FMR LLC), GAMCO Investors Inc, Glenview Capital Management LLC, Invesco Ltd, Marshall Wace LLP, MFS Investment Management, Millennium Management LLC, Neuberger Berman Group LLC, Quantbot Technologies LP, Soros Fund Management LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Tudor Investment Corp, Two Sigma Investments LP, Verition Fund Management 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.