Holders over time
- WTW
- V
| Quarter | WTW | V |
|---|---|---|
| Q3 2020 | 26 holders, $5.6bn | 55 holders, $62.2bn |
| Q4 2020 | 28 holders, $4.7bn | 52 holders, $67.1bn |
| Q1 2021 | 26 holders, $5.6bn | 58 holders, $64.5bn |
| Q2 2021 | 24 holders, $5.1bn | 52 holders, $69.3bn |
| Q3 2021 | 24 holders, $4.8bn | 56 holders, $63.6bn |
| Q4 2021 | 25 holders, $5.5bn | 47 holders, $58.0bn |
| Q1 2022 | 22 holders, $6.5bn | 59 holders, $61.8bn |
| Q2 2022 | 21 holders, $6.0bn | 57 holders, $55.2bn |
| Q3 2022 | 19 holders, $6.3bn | 57 holders, $50.7bn |
| Q4 2022 | 18 holders, $7.6bn | 54 holders, $59.4bn |
| Q1 2023 | 22 holders, $7.4bn | 55 holders, $64.0bn |
| Q2 2023 | 15 holders, $7.4bn | 54 holders, $65.2bn |
| Q3 2023 | 18 holders, $6.8bn | 55 holders, $61.5bn |
| Q4 2023 | 22 holders, $7.8bn | 48 holders, $68.6bn |
| Q1 2024 | 22 holders, $8.6bn | 50 holders, $73.1bn |
| Q2 2024 | 22 holders, $8.1bn | 45 holders, $69.5bn |
| Q3 2024 | 24 holders, $8.7bn | 47 holders, $70.5bn |
| Q4 2024 | 20 holders, $9.2bn | 48 holders, $77.6bn |
| Q1 2025 | 20 holders, $10.0bn | 43 holders, $83.5bn |
| Q2 2025 | 22 holders, $9.6bn | 45 holders, $83.4bn |
| Q3 2025 | 16 holders, $11.4bn | 48 holders, $82.8bn |
| Q4 2025 | 15 holders, $11.5bn | 49 holders, $86.0bn |
| Q1 2026 | 21 holders, $11.7bn | 49 holders, $73.3bn |
| Q2 2026 | 13 holders, $10.3bn | 52 holders, $81.9bn |
Willis Towers Watson Pub LTD
- Holders
- 22
- Reported value
- $7.8bn
- Buyers
- 12
- Sellers
- 8
Breadth +4 among 93 comparable managers.
Visa Inc
- Holders
- 48
- Reported value
- $68.6bn
- Buyers
- 17
- Sellers
- 29
Breadth -12 among 93 comparable managers.
Who holds both, Q4 2023
Both (17)
Acadian Asset Management LLC, AllianceBernstein LP, Artisan Partners LP, Balyasny Asset Management LLC, Brevan Howard Capital Management LP, Bridgewater Associates LP, Capital Research Global Investors, Fidelity (FMR LLC), Harris Associates LP, Invesco Ltd, Man Group PLC, Markel Group Inc, MFS Investment Management, Millennium Management LLC, Renaissance Technologies LLC, Tudor Investment Corp, Walleye Capital LLC
Only WTW (5)
Baupost Group LLC, First Eagle Investment Management LLC, Hudson Bay Capital Management LP, Point72 Asset Management LP, Schonfeld Strategic Advisors LLC
Only V (31)
Akre Capital Management LLC, AQR Capital Management LLC, Arrowstreet Capital LP, Baillie Gifford & Co, Berkshire Hathaway Inc, Capital World Investors, Caxton Associates LLP, Citadel Advisors LLC, D. E. Shaw & Co., D1 Capital Partners LP, Dodge & Cox, Egerton Capital UK LLP, Eisler Capital Management Ltd, ExodusPoint Capital Management LP, Farallon Capital Management LLC, GAMCO Investors Inc, Holocene Advisors LP, Janus Henderson Group Ltd, Maverick Capital Ltd, Neuberger Berman Group LLC, Polen Capital Management LLC, Quantbot Technologies LP, Soroban Capital Partners LP, Squarepoint Ops LLC, T. Rowe Price Associates Inc, and 6 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.