Holders over time
- AXP
- MA
| Quarter | AXP | MA |
|---|---|---|
| Q3 2020 | 24 holders, $25.7bn | 45 holders, $56.1bn |
| Q4 2020 | 21 holders, $30.8bn | 52 holders, $57.9bn |
| Q1 2021 | 24 holders, $36.9bn | 50 holders, $56.4bn |
| Q2 2021 | 21 holders, $42.9bn | 50 holders, $54.9bn |
| Q3 2021 | 26 holders, $42.0bn | 50 holders, $48.9bn |
| Q4 2021 | 27 holders, $39.7bn | 42 holders, $49.3bn |
| Q1 2022 | 20 holders, $45.0bn | 38 holders, $50.1bn |
| Q2 2022 | 36 holders, $33.2bn | 48 holders, $45.4bn |
| Q3 2022 | 35 holders, $32.3bn | 53 holders, $40.8bn |
| Q4 2022 | 35 holders, $34.4bn | 37 holders, $65.6bn |
| Q1 2023 | 32 holders, $38.7bn | 45 holders, $50.3bn |
| Q2 2023 | 30 holders, $40.1bn | 47 holders, $51.2bn |
| Q3 2023 | 34 holders, $34.1bn | 52 holders, $49.7bn |
| Q4 2023 | 28 holders, $42.5bn | 46 holders, $51.7bn |
| Q1 2024 | 33 holders, $52.6bn | 48 holders, $58.0bn |
| Q2 2024 | 31 holders, $52.6bn | 49 holders, $51.2bn |
| Q3 2024 | 30 holders, $60.7bn | 43 holders, $55.8bn |
| Q4 2024 | 26 holders, $65.8bn | 43 holders, $58.3bn |
| Q1 2025 | 33 holders, $59.9bn | 49 holders, $64.7bn |
| Q2 2025 | 29 holders, $69.4bn | 50 holders, $68.3bn |
| Q3 2025 | 30 holders, $70.8bn | 44 holders, $68.1bn |
| Q4 2025 | 31 holders, $77.2bn | 43 holders, $65.6bn |
| Q1 2026 | 33 holders, $61.2bn | 46 holders, $57.4bn |
| Q2 2026 | 30 holders, $65.4bn | 43 holders, $58.1bn |
American Express Co
- Holders
- 31
- Reported value
- $52.6bn
- Buyers
- 13
- Sellers
- 16
Breadth -3 among 94 comparable managers.
Mastercard Incorporated
- Holders
- 49
- Reported value
- $51.2bn
- Buyers
- 24
- Sellers
- 24
Breadth 0 among 94 comparable managers.
Who holds both, Q2 2024
Both (27)
Acadian Asset Management LLC, AllianceBernstein LP, Arrowstreet Capital LP, Artisan Partners LP, Berkshire Hathaway Inc, Brevan Howard Capital Management LP, Capital Research Global Investors, Capital World Investors, D. E. Shaw & Co., Eisler Capital Management Ltd, Fidelity (FMR LLC), GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Invesco Ltd, Jane Street Group LLC, Janus Henderson Group Ltd, Man Group PLC, Markel Group Inc, MFS Investment Management, Neuberger Berman Group LLC, Point72 Asset Management LP, Schonfeld Strategic Advisors LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Voloridge Investment Management LLC, Wellington Management Group LLP
Only AXP (4)
Dodge & Cox, First Eagle Investment Management LLC, Renaissance Technologies LLC, Ruane Cunniff & Goldfarb LP
Only MA (22)
Akre Capital Management LLC, AQR Capital Management LLC, Baillie Gifford & Co, Balyasny Asset Management LLC, Bridgewater Associates LP, Citadel Advisors LLC, Davidson Kempner Capital Management LP, Egerton Capital UK LLP, ExodusPoint Capital Management LP, Farallon Capital Management LLC, Lone Pine Capital LLC, Millennium Management LLC, Moore Capital Management LP, Polen Capital Management LLC, Quantbot Technologies LP, Rokos Capital Management LLP, Soroban Capital Partners LP, Two Sigma Advisers LP, Two Sigma Investments LP, Verition Fund 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.