Holders over time
- PGR
- V
| Quarter | PGR | V |
|---|---|---|
| Q3 2020 | 21 holders, $9.7bn | 55 holders, $62.2bn |
| Q4 2020 | 18 holders, $9.9bn | 52 holders, $67.1bn |
| Q1 2021 | 21 holders, $9.6bn | 58 holders, $64.5bn |
| Q2 2021 | 17 holders, $9.9bn | 52 holders, $69.3bn |
| Q3 2021 | 19 holders, $8.8bn | 56 holders, $63.6bn |
| Q4 2021 | 20 holders, $9.7bn | 47 holders, $58.0bn |
| Q1 2022 | 19 holders, $11.9bn | 59 holders, $61.8bn |
| Q2 2022 | 21 holders, $13.0bn | 57 holders, $55.2bn |
| Q3 2022 | 30 holders, $12.3bn | 57 holders, $50.7bn |
| Q4 2022 | 34 holders, $13.7bn | 54 holders, $59.4bn |
| Q1 2023 | 29 holders, $15.4bn | 55 holders, $64.0bn |
| Q2 2023 | 25 holders, $14.3bn | 54 holders, $65.2bn |
| Q3 2023 | 22 holders, $14.7bn | 55 holders, $61.5bn |
| Q4 2023 | 32 holders, $17.4bn | 48 holders, $68.6bn |
| Q1 2024 | 34 holders, $21.4bn | 50 holders, $73.1bn |
| Q2 2024 | 37 holders, $20.6bn | 45 holders, $69.5bn |
| Q3 2024 | 36 holders, $25.1bn | 47 holders, $70.5bn |
| Q4 2024 | 33 holders, $21.6bn | 48 holders, $77.6bn |
| Q1 2025 | 26 holders, $23.1bn | 43 holders, $83.5bn |
| Q2 2025 | 34 holders, $24.2bn | 45 holders, $83.4bn |
| Q3 2025 | 32 holders, $22.4bn | 48 holders, $82.8bn |
| Q4 2025 | 30 holders, $20.5bn | 49 holders, $86.0bn |
| Q1 2026 | 29 holders, $21.7bn | 49 holders, $73.3bn |
| Q2 2026 | 24 holders, $23.0bn | 52 holders, $81.9bn |
Progressive Corp
- Holders
- 37
- Reported value
- $20.6bn
- Buyers
- 19
- Sellers
- 17
Breadth +2 among 94 comparable managers.
Visa Inc
- Holders
- 45
- Reported value
- $69.5bn
- Buyers
- 28
- Sellers
- 17
Breadth +11 among 94 comparable managers.
Who holds both, Q2 2024
Both (27)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Brevan Howard Capital Management LP, Capital Research Global Investors, Capital World Investors, D. E. Shaw & Co., Egerton Capital UK LLP, ExodusPoint Capital Management LP, Fidelity (FMR LLC), Invesco Ltd, Janus Henderson Group Ltd, Man Group PLC, Markel Group Inc, Marshall Wace LLP, MFS Investment Management, Millennium Management LLC, Neuberger Berman Group LLC, Quantbot Technologies LP, Schonfeld Strategic Advisors LLC, T. Rowe Price Associates Inc, Tudor Investment Corp, Two Sigma Advisers LP, Two Sigma Investments LP, Wellington Management Group LLP
Only PGR (10)
Baillie Gifford & Co, Balyasny Asset Management LLC, Caxton Associates LLP, Citadel Advisors LLC, Hudson Bay Capital Management LP, Moore Capital Management LP, Point72 Asset Management LP, Renaissance Technologies LLC, Viking Global Investors LP, Woodline Partners LP
Only V (18)
Akre Capital Management LLC, Berkshire Hathaway Inc, Bridgewater Associates LP, Dodge & Cox, Eisler Capital Management Ltd, Farallon Capital Management LLC, GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Jane Street Group LLC, Maverick Capital Ltd, Polen Capital Management LLC, Soroban Capital Partners LP, Squarepoint Ops LLC, Susquehanna International Group LLP, TCI Fund Management Ltd, Verition Fund Management LLC, 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.