Holders over time
- TPL
- MS
| Quarter | TPL | MS |
|---|---|---|
| Q3 2020 | none listed holders, n.a. | 34 holders, $8.9bn |
| Q4 2020 | none listed holders, n.a. | 28 holders, $15.5bn |
| Q1 2021 | 1 holders, $399k | 33 holders, $16.4bn |
| Q2 2021 | 3 holders, $50m | 27 holders, $18.8bn |
| Q3 2021 | 5 holders, $55m | 28 holders, $20.9bn |
| Q4 2021 | 4 holders, $44m | 27 holders, $18.2bn |
| Q1 2022 | 3 holders, $16m | 25 holders, $15.5bn |
| Q2 2022 | 4 holders, $129m | 27 holders, $13.1bn |
| Q3 2022 | 4 holders, $175m | 21 holders, $14.4bn |
| Q4 2022 | 3 holders, $170m | 22 holders, $15.1bn |
| Q1 2023 | 3 holders, $141m | 17 holders, $16.7bn |
| Q2 2023 | 5 holders, $94m | 23 holders, $15.1bn |
| Q3 2023 | 4 holders, $119m | 20 holders, $12.7bn |
| Q4 2023 | 3 holders, $103m | 21 holders, $13.1bn |
| Q1 2024 | 4 holders, $103m | 24 holders, $13.1bn |
| Q2 2024 | 5 holders, $99m | 24 holders, $13.6bn |
| Q3 2024 | 4 holders, $146m | 25 holders, $14.4bn |
| Q4 2024 | 8 holders, $568m | 25 holders, $17.7bn |
| Q1 2025 | 8 holders, $751m | 27 holders, $14.6bn |
| Q2 2025 | 7 holders, $472m | 26 holders, $17.4bn |
| Q3 2025 | 4 holders, $131m | 33 holders, $20.8bn |
| Q4 2025 | 2 holders, $5.1m | 33 holders, $22.3bn |
| Q1 2026 | 2 holders, $7.8m | 34 holders, $19.8bn |
| Q2 2026 | 2 holders, $7.4m | 32 holders, $25.5bn |
Texas Pacific Land Corporati
- Holders
- 3
- Reported value
- $103m
- Buyers
- 2
- Sellers
- 1
Breadth +1 among 93 comparable managers.
Morgan Stanley
- Holders
- 21
- Reported value
- $13.1bn
- Buyers
- 10
- Sellers
- 11
Breadth -1 among 93 comparable managers.
Who holds both, Q4 2023
Only TPL (1)
Only MS (19)
AllianceBernstein LP, Arrowstreet Capital LP, Artisan Partners LP, Capital Research Global Investors, Capital World Investors, Eisler Capital Management Ltd, Fidelity (FMR LLC), Holocene Advisors LP, Hudson Bay Capital Management LP, Invesco Ltd, Jane Street Group LLC, Janus Henderson Group Ltd, Man Group PLC, MFS Investment Management, Point72 Asset Management LP, T. Rowe Price Associates Inc, Verition Fund Management LLC, Wellington Management Group LLP, 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.