Holders over time
- PGR
- AXP
| Quarter | PGR | AXP |
|---|---|---|
| Q3 2020 | 21 holders, $9.7bn | 24 holders, $25.7bn |
| Q4 2020 | 18 holders, $9.9bn | 21 holders, $30.8bn |
| Q1 2021 | 21 holders, $9.6bn | 24 holders, $36.9bn |
| Q2 2021 | 17 holders, $9.9bn | 21 holders, $42.9bn |
| Q3 2021 | 19 holders, $8.8bn | 26 holders, $42.0bn |
| Q4 2021 | 20 holders, $9.7bn | 27 holders, $39.7bn |
| Q1 2022 | 19 holders, $11.9bn | 20 holders, $45.0bn |
| Q2 2022 | 21 holders, $13.0bn | 36 holders, $33.2bn |
| Q3 2022 | 30 holders, $12.3bn | 35 holders, $32.3bn |
| Q4 2022 | 34 holders, $13.7bn | 35 holders, $34.4bn |
| Q1 2023 | 29 holders, $15.4bn | 32 holders, $38.7bn |
| Q2 2023 | 25 holders, $14.3bn | 30 holders, $40.1bn |
| Q3 2023 | 22 holders, $14.7bn | 34 holders, $34.1bn |
| Q4 2023 | 32 holders, $17.4bn | 28 holders, $42.5bn |
| Q1 2024 | 34 holders, $21.4bn | 33 holders, $52.6bn |
| Q2 2024 | 37 holders, $20.6bn | 31 holders, $52.6bn |
| Q3 2024 | 36 holders, $25.1bn | 30 holders, $60.7bn |
| Q4 2024 | 33 holders, $21.6bn | 26 holders, $65.8bn |
| Q1 2025 | 26 holders, $23.1bn | 33 holders, $59.9bn |
| Q2 2025 | 34 holders, $24.2bn | 29 holders, $69.4bn |
| Q3 2025 | 32 holders, $22.4bn | 30 holders, $70.8bn |
| Q4 2025 | 30 holders, $20.5bn | 31 holders, $77.2bn |
| Q1 2026 | 29 holders, $21.7bn | 33 holders, $61.2bn |
| Q2 2026 | 24 holders, $23.0bn | 30 holders, $65.4bn |
Progressive Corp
- Holders
- 34
- Reported value
- $21.4bn
- Buyers
- 16
- Sellers
- 17
Breadth -1 among 93 comparable managers.
American Express Co
- Holders
- 33
- Reported value
- $52.6bn
- Buyers
- 17
- Sellers
- 15
Breadth +2 among 93 comparable managers.
Who holds both, Q1 2024
Both (19)
AllianceBernstein LP, Artisan Partners LP, Brevan Howard Capital Management LP, Bridgewater Associates LP, Citadel Advisors LLC, D. E. Shaw & Co., Fidelity (FMR LLC), Invesco Ltd, Janus Henderson Group Ltd, Man Group PLC, Markel Group Inc, MFS Investment Management, Millennium Management LLC, Neuberger Berman Group LLC, Renaissance Technologies LLC, Schonfeld Strategic Advisors LLC, T. Rowe Price Associates Inc, Two Sigma Investments LP, Wellington Management Group LLP
Only PGR (15)
Acadian Asset Management LLC, AQR Capital Management LLC, Baillie Gifford & Co, Balyasny Asset Management LLC, Capital Research Global Investors, Capital World Investors, Marshall Wace LLP, Maverick Capital Ltd, Moore Capital Management LP, Point72 Asset Management LP, Quantbot Technologies LP, Tudor Investment Corp, Two Sigma Advisers LP, Viking Global Investors LP, Woodline Partners LP
Only AXP (14)
Arrowstreet Capital LP, Berkshire Hathaway Inc, Dodge & Cox, First Eagle Investment Management LLC, GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Jane Street Group LLC, Ruane Cunniff & Goldfarb LP, Squarepoint Ops LLC, Verition Fund Management LLC, Voloridge Investment Management LLC, Walleye Capital LLC, 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.