Holders over time
- HSY
- PM
| Quarter | HSY | PM |
|---|---|---|
| Q3 2020 | 18 holders, $1.6bn | 25 holders, $19.7bn |
| Q4 2020 | 16 holders, $1.8bn | 25 holders, $21.5bn |
| Q1 2021 | 17 holders, $1.7bn | 27 holders, $22.1bn |
| Q2 2021 | 15 holders, $1.9bn | 20 holders, $23.2bn |
| Q3 2021 | 16 holders, $1.9bn | 25 holders, $22.8bn |
| Q4 2021 | 18 holders, $2.2bn | 26 holders, $22.3bn |
| Q1 2022 | 20 holders, $2.4bn | 29 holders, $23.2bn |
| Q2 2022 | 20 holders, $2.8bn | 28 holders, $25.8bn |
| Q3 2022 | 23 holders, $3.0bn | 33 holders, $22.2bn |
| Q4 2022 | 19 holders, $2.8bn | 26 holders, $27.0bn |
| Q1 2023 | 26 holders, $3.4bn | 36 holders, $27.6bn |
| Q2 2023 | 26 holders, $3.3bn | 29 holders, $28.9bn |
| Q3 2023 | 20 holders, $2.4bn | 32 holders, $28.5bn |
| Q4 2023 | 22 holders, $2.0bn | 34 holders, $28.8bn |
| Q1 2024 | 14 holders, $1.5bn | 36 holders, $28.4bn |
| Q2 2024 | 12 holders, $1.0bn | 31 holders, $31.4bn |
| Q3 2024 | 8 holders, $269m | 39 holders, $38.2bn |
| Q4 2024 | 13 holders, $555m | 40 holders, $36.6bn |
| Q1 2025 | 9 holders, $424m | 44 holders, $49.1bn |
| Q2 2025 | 12 holders, $1.1bn | 44 holders, $54.3bn |
| Q3 2025 | 12 holders, $1.5bn | 36 holders, $49.3bn |
| Q4 2025 | 15 holders, $1.2bn | 26 holders, $50.5bn |
| Q1 2026 | 17 holders, $3.0bn | 25 holders, $57.3bn |
| Q2 2026 | 10 holders, $1.6bn | 27 holders, $63.8bn |
Hershey Co
- Holders
- 12
- Reported value
- $1.0bn
- Buyers
- 8
- Sellers
- 5
Breadth +3 among 94 comparable managers.
Philip Morris Intl Inc
- Holders
- 31
- Reported value
- $31.4bn
- Buyers
- 16
- Sellers
- 14
Breadth +2 among 94 comparable managers.
Who holds both, Q2 2024
Both (8)
Acadian Asset Management LLC, AQR Capital Management LLC, Bridgewater Associates LP, Invesco Ltd, Markel Group Inc, Maverick Capital Ltd, MFS Investment Management, Tudor Investment Corp
Only HSY (4)
Baillie Gifford & Co, Holocene Advisors LP, Janus Henderson Group Ltd, Renaissance Technologies LLC
Only PM (23)
AllianceBernstein LP, Arrowstreet Capital LP, Artisan Partners LP, Capital Research Global Investors, Capital World Investors, D1 Capital Partners LP, Discovery Capital Management LLC, Dodge & Cox, Fidelity (FMR LLC), First Eagle Investment Management LLC, Harris Associates LP, Jane Street Group LLC, Lone Pine Capital LLC, Millennium Management LLC, Neuberger Berman Group LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Two Sigma Advisers LP, Two Sigma Investments LP, Verition Fund Management LLC, Viking Global Investors LP, Voloridge Investment Management LLC, 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.