Holders over time
- RGLD
- AXP
| Quarter | RGLD | AXP |
|---|---|---|
| Q3 2020 | 12 holders, $1.5bn | 24 holders, $25.7bn |
| Q4 2020 | 11 holders, $1.4bn | 21 holders, $30.8bn |
| Q1 2021 | 7 holders, $1.4bn | 24 holders, $36.9bn |
| Q2 2021 | 6 holders, $1.5bn | 21 holders, $42.9bn |
| Q3 2021 | 6 holders, $1.3bn | 26 holders, $42.0bn |
| Q4 2021 | 10 holders, $1.5bn | 27 holders, $39.7bn |
| Q1 2022 | 7 holders, $1.8bn | 20 holders, $45.0bn |
| Q2 2022 | 11 holders, $1.2bn | 36 holders, $33.2bn |
| Q3 2022 | 7 holders, $1.1bn | 35 holders, $32.3bn |
| Q4 2022 | 7 holders, $1.3bn | 35 holders, $34.4bn |
| Q1 2023 | 10 holders, $1.6bn | 32 holders, $38.7bn |
| Q2 2023 | 8 holders, $1.4bn | 30 holders, $40.1bn |
| Q3 2023 | 8 holders, $1.5bn | 34 holders, $34.1bn |
| Q4 2023 | 8 holders, $1.6bn | 28 holders, $42.5bn |
| Q1 2024 | 9 holders, $1.6bn | 33 holders, $52.6bn |
| Q2 2024 | 10 holders, $1.7bn | 31 holders, $52.6bn |
| Q3 2024 | 8 holders, $2.0bn | 30 holders, $60.7bn |
| Q4 2024 | 8 holders, $1.9bn | 26 holders, $65.8bn |
| Q1 2025 | 10 holders, $2.5bn | 33 holders, $59.9bn |
| Q2 2025 | 10 holders, $2.8bn | 29 holders, $69.4bn |
| Q3 2025 | 14 holders, $2.9bn | 30 holders, $70.8bn |
| Q4 2025 | 10 holders, $3.4bn | 31 holders, $77.2bn |
| Q1 2026 | 18 holders, $4.5bn | 33 holders, $61.2bn |
| Q2 2026 | 12 holders, $3.1bn | 30 holders, $65.4bn |
Royal Gold Inc
- Holders
- 10
- Reported value
- $1.7bn
- Buyers
- 6
- Sellers
- 4
Breadth +2 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 (6)
Acadian Asset Management LLC, Brevan Howard Capital Management LP, Capital World Investors, First Eagle Investment Management LLC, GAMCO Investors Inc, Renaissance Technologies LLC
Only RGLD (4)
AQR Capital Management LLC, ExodusPoint Capital Management LP, PDT Partners LLC, Two Sigma Investments LP
Only AXP (25)
AllianceBernstein LP, Arrowstreet Capital LP, Artisan Partners LP, Berkshire Hathaway Inc, Capital Research Global Investors, D. E. Shaw & Co., Dodge & Cox, Eisler Capital Management Ltd, Fidelity (FMR LLC), 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, Ruane Cunniff & Goldfarb LP, Schonfeld Strategic Advisors LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, 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.