Holders over time
- TW
- AXP
| Quarter | TW | AXP |
|---|---|---|
| Q3 2020 | 8 holders, $1.6bn | 24 holders, $25.7bn |
| Q4 2020 | 9 holders, $1.7bn | 21 holders, $30.8bn |
| Q1 2021 | 10 holders, $2.7bn | 24 holders, $36.9bn |
| Q2 2021 | 9 holders, $3.1bn | 21 holders, $42.9bn |
| Q3 2021 | 12 holders, $2.8bn | 26 holders, $42.0bn |
| Q4 2021 | 11 holders, $3.2bn | 27 holders, $39.7bn |
| Q1 2022 | 10 holders, $2.6bn | 20 holders, $45.0bn |
| Q2 2022 | 12 holders, $1.8bn | 36 holders, $33.2bn |
| Q3 2022 | 18 holders, $1.1bn | 35 holders, $32.3bn |
| Q4 2022 | 13 holders, $1.2bn | 35 holders, $34.4bn |
| Q1 2023 | 13 holders, $1.3bn | 32 holders, $38.7bn |
| Q2 2023 | 8 holders, $1.4bn | 30 holders, $40.1bn |
| Q3 2023 | 10 holders, $1.9bn | 34 holders, $34.1bn |
| Q4 2023 | 15 holders, $2.1bn | 28 holders, $42.5bn |
| Q1 2024 | 12 holders, $2.3bn | 33 holders, $52.6bn |
| Q2 2024 | 13 holders, $2.9bn | 31 holders, $52.6bn |
| Q3 2024 | 10 holders, $3.6bn | 30 holders, $60.7bn |
| Q4 2024 | 15 holders, $3.3bn | 26 holders, $65.8bn |
| Q1 2025 | 12 holders, $3.8bn | 33 holders, $59.9bn |
| Q2 2025 | 10 holders, $3.4bn | 29 holders, $69.4bn |
| Q3 2025 | 11 holders, $3.0bn | 30 holders, $70.8bn |
| Q4 2025 | 10 holders, $3.6bn | 31 holders, $77.2bn |
| Q1 2026 | 11 holders, $3.7bn | 33 holders, $61.2bn |
| Q2 2026 | 15 holders, $3.4bn | 30 holders, $65.4bn |
Tradeweb MKTS Inc
- Holders
- 15
- Reported value
- $2.1bn
- Buyers
- 9
- Sellers
- 6
Breadth +3 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 (7)
Artisan Partners LP, Man Group PLC, Neuberger Berman Group LLC, Schonfeld Strategic Advisors LLC, T. Rowe Price Associates Inc, Two Sigma Investments LP, Wellington Management Group LLP
Only TW (8)
Bridgewater Associates LP, Capital World Investors, ExodusPoint Capital Management LP, Marshall Wace LLP, Quantbot Technologies LP, Renaissance Technologies LLC, Two Sigma Advisers LP, Verition Fund Management LLC
Only AXP (21)
AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Balyasny Asset Management LLC, Berkshire Hathaway Inc, Brevan Howard Capital Management LP, Caxton Associates LLP, D. E. Shaw & Co., Dodge & Cox, Eisler Capital Management Ltd, Fidelity (FMR LLC), First Eagle Investment Management LLC, GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Invesco Ltd, Janus Henderson Group Ltd, Markel Group Inc, MFS Investment Management, Squarepoint Ops LLC, Walleye Capital 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.