Holders over time
- AON
- AXP
| Quarter | AON | AXP |
|---|---|---|
| Q3 2020 | 26 holders, $10.9bn | 24 holders, $25.7bn |
| Q4 2020 | 30 holders, $10.7bn | 21 holders, $30.8bn |
| Q1 2021 | 32 holders, $12.0bn | 24 holders, $36.9bn |
| Q2 2021 | 34 holders, $13.2bn | 21 holders, $42.9bn |
| Q3 2021 | 27 holders, $13.3bn | 26 holders, $42.0bn |
| Q4 2021 | 31 holders, $14.0bn | 27 holders, $39.7bn |
| Q1 2022 | 23 holders, $15.7bn | 20 holders, $45.0bn |
| Q2 2022 | 32 holders, $12.5bn | 36 holders, $33.2bn |
| Q3 2022 | 24 holders, $11.7bn | 35 holders, $32.3bn |
| Q4 2022 | 27 holders, $12.4bn | 35 holders, $34.4bn |
| Q1 2023 | 23 holders, $12.4bn | 32 holders, $38.7bn |
| Q2 2023 | 17 holders, $13.8bn | 30 holders, $40.1bn |
| Q3 2023 | 21 holders, $12.3bn | 34 holders, $34.1bn |
| Q4 2023 | 24 holders, $10.0bn | 28 holders, $42.5bn |
| Q1 2024 | 23 holders, $11.2bn | 33 holders, $52.6bn |
| Q2 2024 | 21 holders, $11.0bn | 31 holders, $52.6bn |
| Q3 2024 | 25 holders, $13.5bn | 30 holders, $60.7bn |
| Q4 2024 | 24 holders, $14.1bn | 26 holders, $65.8bn |
| Q1 2025 | 24 holders, $15.9bn | 33 holders, $59.9bn |
| Q2 2025 | 24 holders, $15.0bn | 29 holders, $69.4bn |
| Q3 2025 | 30 holders, $16.0bn | 30 holders, $70.8bn |
| Q4 2025 | 25 holders, $16.1bn | 31 holders, $77.2bn |
| Q1 2026 | 23 holders, $14.0bn | 33 holders, $61.2bn |
| Q2 2026 | 24 holders, $15.0bn | 30 holders, $65.4bn |
Aon PLC
- Holders
- 21
- Reported value
- $11.0bn
- Buyers
- 13
- Sellers
- 7
Breadth +6 among 94 comparable managers.
American Express Co
- Holders
- 31
- Reported value
- $52.6bn
- Buyers
- 13
- Sellers
- 16
Breadth -3 among 94 comparable managers.
Who holds both, Q2 2024
Both (12)
Artisan Partners LP, Berkshire Hathaway Inc, Capital World Investors, Invesco Ltd, Man Group PLC, Markel Group Inc, MFS Investment Management, Neuberger Berman Group LLC, Schonfeld Strategic Advisors LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Voloridge Investment Management LLC
Only AON (9)
Bridgewater Associates LP, Farallon Capital Management LLC, Moore Capital Management LP, Polen Capital Management LLC, Quantbot Technologies LP, Tudor Investment Corp, Two Sigma Advisers LP, Verition Fund Management LLC, Woodline Partners LP
Only AXP (19)
Acadian Asset Management LLC, AllianceBernstein LP, Arrowstreet Capital LP, Brevan Howard Capital Management LP, Capital Research Global Investors, 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, Jane Street Group LLC, Janus Henderson Group Ltd, Point72 Asset Management LP, Renaissance Technologies LLC, Ruane Cunniff & Goldfarb LP, Wellington Management Group LLP
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.