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
- 8
- Reported value
- $269m
- Buyers
- 4
- Sellers
- 6
Breadth -2 among 94 comparable managers.
Philip Morris Intl Inc
- Holders
- 39
- Reported value
- $38.2bn
- Buyers
- 22
- Sellers
- 15
Breadth +7 among 94 comparable managers.
Who holds both, Q3 2024
Both (7)
AQR Capital Management LLC, Baillie Gifford & Co, Bridgewater Associates LP, Janus Henderson Group Ltd, Markel Group Inc, MFS Investment Management, Quantbot Technologies LP
Only HSY (1)
Only PM (32)
Acadian Asset Management LLC, AllianceBernstein LP, Arrowstreet Capital LP, Artisan Partners LP, Brevan Howard Capital Management LP, Capital Research Global Investors, Capital World Investors, Citadel Advisors LLC, D. E. Shaw & Co., D1 Capital Partners LP, Discovery Capital Management LLC, Dodge & Cox, ExodusPoint Capital Management LP, Fidelity (FMR LLC), First Eagle Investment Management LLC, Harris Associates LP, Holocene Advisors LP, Invesco Ltd, Lone Pine Capital LLC, Man Group PLC, Marshall Wace LLP, Maverick Capital Ltd, Millennium Management LLC, Neuberger Berman Group LLC, T. Rowe Price Associates Inc, and 7 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.