Holders over time
- HRI
- MA
| Quarter | HRI | MA |
|---|---|---|
| Q3 2020 | 3 holders, $371m | 45 holders, $56.1bn |
| Q4 2020 | 3 holders, $613m | 52 holders, $57.9bn |
| Q1 2021 | 5 holders, $869m | 50 holders, $56.4bn |
| Q2 2021 | 8 holders, $1.0bn | 50 holders, $54.9bn |
| Q3 2021 | 8 holders, $1.4bn | 50 holders, $48.9bn |
| Q4 2021 | 9 holders, $1.2bn | 42 holders, $49.3bn |
| Q1 2022 | 7 holders, $1.3bn | 38 holders, $50.1bn |
| Q2 2022 | 8 holders, $756m | 48 holders, $45.4bn |
| Q3 2022 | 7 holders, $862m | 53 holders, $40.8bn |
| Q4 2022 | 9 holders, $1.2bn | 37 holders, $65.6bn |
| Q1 2023 | 8 holders, $543m | 45 holders, $50.3bn |
| Q2 2023 | 9 holders, $621m | 47 holders, $51.2bn |
| Q3 2023 | 8 holders, $553m | 52 holders, $49.7bn |
| Q4 2023 | 8 holders, $767m | 46 holders, $51.7bn |
| Q1 2024 | 10 holders, $1.0bn | 48 holders, $58.0bn |
| Q2 2024 | 10 holders, $623m | 49 holders, $51.2bn |
| Q3 2024 | 14 holders, $848m | 43 holders, $55.8bn |
| Q4 2024 | 10 holders, $832m | 43 holders, $58.3bn |
| Q1 2025 | 7 holders, $914m | 49 holders, $64.7bn |
| Q2 2025 | 8 holders, $1.0bn | 50 holders, $68.3bn |
| Q3 2025 | 6 holders, $805m | 44 holders, $68.1bn |
| Q4 2025 | 7 holders, $1.5bn | 43 holders, $65.6bn |
| Q1 2026 | 7 holders, $183m | 46 holders, $57.4bn |
| Q2 2026 | 5 holders, $891m | 43 holders, $58.1bn |
Herc HLDGS Inc
- Holders
- 14
- Reported value
- $848m
- Buyers
- 5
- Sellers
- 7
Breadth -2 among 94 comparable managers.
Mastercard Incorporated
- Holders
- 43
- Reported value
- $55.8bn
- Buyers
- 13
- Sellers
- 30
Breadth -17 among 94 comparable managers.
Who holds both, Q3 2024
Both (10)
AllianceBernstein LP, Bridgewater Associates LP, Capital Research Global Investors, Capital World Investors, GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Invesco Ltd, MFS Investment Management, Two Sigma Advisers LP
Only HRI (4)
First Eagle Investment Management LLC, Marshall Wace LLP, Quantbot Technologies LP, Tudor Investment Corp
Only MA (33)
Acadian Asset Management LLC, Akre Capital Management LLC, AQR Capital Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Baillie Gifford & Co, Balyasny Asset Management LLC, Berkshire Hathaway Inc, Brevan Howard Capital Management LP, Caxton Associates LLP, Citadel Advisors LLC, D. E. Shaw & Co., Davidson Kempner Capital Management LP, Egerton Capital UK LLP, Farallon Capital Management LLC, Fidelity (FMR LLC), Janus Henderson Group Ltd, Man Group PLC, Markel Group Inc, Millennium Management LLC, Moore Capital Management LP, Neuberger Berman Group LLC, Point72 Asset Management LP, Polen Capital Management LLC, Schonfeld Strategic Advisors LLC, and 8 more
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.