Holders over time
- EXLS
- MCO
| Quarter | EXLS | MCO |
|---|---|---|
| Q3 2020 | 3 holders, $170m | 30 holders, $17.0bn |
| Q4 2020 | 3 holders, $222m | 21 holders, $16.9bn |
| Q1 2021 | 3 holders, $244m | 17 holders, $16.9bn |
| Q2 2021 | 4 holders, $294m | 16 holders, $20.2bn |
| Q3 2021 | 5 holders, $316m | 25 holders, $19.9bn |
| Q4 2021 | 5 holders, $143m | 25 holders, $22.0bn |
| Q1 2022 | 7 holders, $146m | 22 holders, $19.1bn |
| Q2 2022 | 5 holders, $614m | 19 holders, $15.4bn |
| Q3 2022 | 5 holders, $761m | 21 holders, $13.6bn |
| Q4 2022 | 8 holders, $1.0bn | 17 holders, $15.5bn |
| Q1 2023 | 6 holders, $615m | 20 holders, $17.3bn |
| Q2 2023 | 9 holders, $427m | 25 holders, $19.4bn |
| Q3 2023 | 8 holders, $376m | 21 holders, $17.2bn |
| Q4 2023 | 7 holders, $136m | 21 holders, $22.3bn |
| Q1 2024 | 8 holders, $123m | 22 holders, $21.9bn |
| Q2 2024 | 8 holders, $145m | 24 holders, $23.6bn |
| Q3 2024 | 5 holders, $81m | 31 holders, $26.8bn |
| Q4 2024 | 5 holders, $43m | 31 holders, $25.7bn |
| Q1 2025 | 4 holders, $35m | 30 holders, $25.2bn |
| Q2 2025 | 10 holders, $293m | 30 holders, $26.8bn |
| Q3 2025 | 9 holders, $409m | 31 holders, $26.0bn |
| Q4 2025 | 11 holders, $1.1bn | 32 holders, $27.7bn |
| Q1 2026 | 7 holders, $580m | 28 holders, $23.9bn |
| Q2 2026 | 7 holders, $321m | 31 holders, $24.9bn |
Exlservice HLDGS Inc
- Holders
- 8
- Reported value
- $123m
- Buyers
- 3
- Sellers
- 5
Breadth -2 among 93 comparable managers.
Moodys Corp
- Holders
- 22
- Reported value
- $21.9bn
- Buyers
- 10
- Sellers
- 11
Breadth -1 among 93 comparable managers.
Who holds both, Q1 2024
Both (6)
Bridgewater Associates LP, Holocene Advisors LP, Maverick Capital Ltd, MFS Investment Management, Two Sigma Advisers LP, Two Sigma Investments LP
Only EXLS (2)
Only MCO (16)
Acadian Asset Management LLC, Akre Capital Management LLC, Baillie Gifford & Co, Balyasny Asset Management LLC, Berkshire Hathaway Inc, Brevan Howard Capital Management LP, Dodge & Cox, Fidelity (FMR LLC), Harris Associates LP, Invesco Ltd, Markel Group Inc, Marshall Wace LLP, Moore Capital Management LP, Neuberger Berman Group LLC, T. Rowe Price Associates Inc, TCI Fund Management 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.