Holders over time
- BA
- NOC
| Quarter | BA | NOC |
|---|---|---|
| Q3 2020 | 20 holders, $5.1bn | 21 holders, $9.8bn |
| Q4 2020 | 26 holders, $5.8bn | 26 holders, $9.3bn |
| Q1 2021 | 26 holders, $7.7bn | 25 holders, $9.2bn |
| Q2 2021 | 25 holders, $7.7bn | 19 holders, $9.8bn |
| Q3 2021 | 22 holders, $6.5bn | 16 holders, $9.1bn |
| Q4 2021 | 19 holders, $5.7bn | 14 holders, $9.3bn |
| Q1 2022 | 23 holders, $6.2bn | 18 holders, $11.2bn |
| Q2 2022 | 22 holders, $6.1bn | 14 holders, $12.7bn |
| Q3 2022 | 17 holders, $5.5bn | 15 holders, $12.4bn |
| Q4 2022 | 24 holders, $10.9bn | 19 holders, $13.3bn |
| Q1 2023 | 29 holders, $14.1bn | 25 holders, $10.8bn |
| Q2 2023 | 31 holders, $14.6bn | 22 holders, $10.5bn |
| Q3 2023 | 32 holders, $13.5bn | 21 holders, $10.1bn |
| Q4 2023 | 31 holders, $21.1bn | 20 holders, $10.2bn |
| Q1 2024 | 21 holders, $14.9bn | 21 holders, $9.8bn |
| Q2 2024 | 20 holders, $16.7bn | 27 holders, $8.3bn |
| Q3 2024 | 20 holders, $13.9bn | 28 holders, $10.3bn |
| Q4 2024 | 31 holders, $28.0bn | 28 holders, $9.2bn |
| Q1 2025 | 30 holders, $26.5bn | 28 holders, $10.3bn |
| Q2 2025 | 32 holders, $32.3bn | 18 holders, $9.5bn |
| Q3 2025 | 33 holders, $30.6bn | 22 holders, $10.4bn |
| Q4 2025 | 34 holders, $29.2bn | 26 holders, $9.0bn |
| Q1 2026 | 31 holders, $26.7bn | 22 holders, $15.1bn |
| Q2 2026 | 25 holders, $31.0bn | 26 holders, $10.3bn |
Boeing Co
- Holders
- 20
- Reported value
- $16.7bn
- Buyers
- 13
- Sellers
- 9
Breadth +4 among 94 comparable managers.
Northrop Grumman Corp
- Holders
- 27
- Reported value
- $8.3bn
- Buyers
- 21
- Sellers
- 6
Breadth +15 among 94 comparable managers.
Who holds both, Q2 2024
Both (11)
AllianceBernstein LP, Capital World Investors, Eisler Capital Management Ltd, Fidelity (FMR LLC), Invesco Ltd, Marshall Wace LLP, MFS Investment Management, Schonfeld Strategic Advisors LLC, T. Rowe Price Associates Inc, Verition Fund Management LLC, Wellington Management Group LLP
Only BA (9)
Appaloosa LP, Capital Research Global Investors, GAMCO Investors Inc, Hudson Bay Capital Management LP, Jane Street Group LLC, Moore Capital Management LP, Neuberger Berman Group LLC, Susquehanna International Group LLP, Walleye Capital LLC
Only NOC (16)
AQR Capital Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Brevan Howard Capital Management LP, Caxton Associates LLP, Citadel Advisors LLC, D. E. Shaw & Co., ExodusPoint Capital Management LP, Man Group PLC, Millennium Management LLC, Quantbot Technologies LP, Squarepoint Ops LLC, Tudor Investment Corp, Two Sigma Advisers LP, Two Sigma Investments LP, Voloridge Investment Management LLC
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.