Holders over time
- TPL
- MS
| Quarter | TPL | MS |
|---|---|---|
| Q3 2020 | none listed holders, n.a. | 34 holders, $8.9bn |
| Q4 2020 | none listed holders, n.a. | 28 holders, $15.5bn |
| Q1 2021 | 1 holders, $399k | 33 holders, $16.4bn |
| Q2 2021 | 3 holders, $50m | 27 holders, $18.8bn |
| Q3 2021 | 5 holders, $55m | 28 holders, $20.9bn |
| Q4 2021 | 4 holders, $44m | 27 holders, $18.2bn |
| Q1 2022 | 3 holders, $16m | 25 holders, $15.5bn |
| Q2 2022 | 4 holders, $129m | 27 holders, $13.1bn |
| Q3 2022 | 4 holders, $175m | 21 holders, $14.4bn |
| Q4 2022 | 3 holders, $170m | 22 holders, $15.1bn |
| Q1 2023 | 3 holders, $141m | 17 holders, $16.7bn |
| Q2 2023 | 5 holders, $94m | 23 holders, $15.1bn |
| Q3 2023 | 4 holders, $119m | 20 holders, $12.7bn |
| Q4 2023 | 3 holders, $103m | 21 holders, $13.1bn |
| Q1 2024 | 4 holders, $103m | 24 holders, $13.1bn |
| Q2 2024 | 5 holders, $99m | 24 holders, $13.6bn |
| Q3 2024 | 4 holders, $146m | 25 holders, $14.4bn |
| Q4 2024 | 8 holders, $568m | 25 holders, $17.7bn |
| Q1 2025 | 8 holders, $751m | 27 holders, $14.6bn |
| Q2 2025 | 7 holders, $472m | 26 holders, $17.4bn |
| Q3 2025 | 4 holders, $131m | 33 holders, $20.8bn |
| Q4 2025 | 2 holders, $5.1m | 33 holders, $22.3bn |
| Q1 2026 | 2 holders, $7.8m | 34 holders, $19.8bn |
| Q2 2026 | 2 holders, $7.4m | 32 holders, $25.5bn |
Texas Pacific Land Corporati
- Holders
- 5
- Reported value
- $99m
- Buyers
- 2
- Sellers
- 3
Breadth -1 among 94 comparable managers.
Morgan Stanley
- Holders
- 24
- Reported value
- $13.6bn
- Buyers
- 13
- Sellers
- 14
Breadth -1 among 94 comparable managers.
Who holds both, Q2 2024
Only TPL (3)
AQR Capital Management LLC, Holocene Advisors LP, Winton Group Ltd
Only MS (22)
Acadian Asset Management LLC, AllianceBernstein LP, Arrowstreet Capital LP, Artisan Partners LP, Capital Research Global Investors, Capital World Investors, D. E. Shaw & Co., Element Capital Management LLC, ExodusPoint Capital Management LP, Fidelity (FMR LLC), Invesco Ltd, Janus Henderson Group Ltd, Man Group PLC, Marshall Wace LLP, MFS Investment Management, Millennium Management LLC, Renaissance Technologies LLC, Rokos Capital Management LLP, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Tudor Investment Corp, 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.