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
- $8.6bn
- Buyers
- 8
- Sellers
- 11
Breadth -3 among 93 comparable managers.
Visa Inc
- Holders
- 50
- Reported value
- $73.1bn
- Buyers
- 17
- Sellers
- 31
Breadth -14 among 93 comparable managers.
Who holds both, Q1 2024
Both (19)
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, Quantbot Technologies LP, Renaissance Technologies LLC, Schonfeld Strategic Advisors LLC, Viking Global Investors LP, Voloridge Investment Management LLC
Only WTW (3)
Baupost Group LLC, First Eagle Investment Management LLC, Hudson Bay Capital Management LP
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, D. E. Shaw & Co., Dodge & Cox, Egerton Capital UK LLP, Eisler Capital Management Ltd, ExodusPoint Capital Management LP, Farallon Capital Management LLC, GAMCO Investors Inc, Holocene Advisors LP, Jane Street Group LLC, Janus Henderson Group Ltd, Marshall Wace LLP, Maverick Capital Ltd, Neuberger Berman Group LLC, Polen Capital Management LLC, Soroban Capital Partners LP, Squarepoint Ops LLC, T. Rowe Price Associates Inc, TCI Fund Management Ltd, 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.