Holders over time
- PYPL
- AXP
| Quarter | PYPL | AXP |
|---|---|---|
| Q3 2020 | 45 holders, $40.4bn | 24 holders, $25.7bn |
| Q4 2020 | 42 holders, $43.7bn | 21 holders, $30.8bn |
| Q1 2021 | 44 holders, $42.2bn | 24 holders, $36.9bn |
| Q2 2021 | 39 holders, $48.8bn | 21 holders, $42.9bn |
| Q3 2021 | 33 holders, $43.0bn | 26 holders, $42.0bn |
| Q4 2021 | 36 holders, $23.4bn | 27 holders, $39.7bn |
| Q1 2022 | 31 holders, $11.9bn | 20 holders, $45.0bn |
| Q2 2022 | 34 holders, $7.0bn | 36 holders, $33.2bn |
| Q3 2022 | 40 holders, $8.7bn | 35 holders, $32.3bn |
| Q4 2022 | 37 holders, $10.2bn | 35 holders, $34.4bn |
| Q1 2023 | 40 holders, $7.3bn | 32 holders, $38.7bn |
| Q2 2023 | 28 holders, $5.1bn | 30 holders, $40.1bn |
| Q3 2023 | 26 holders, $3.7bn | 34 holders, $34.1bn |
| Q4 2023 | 27 holders, $4.1bn | 28 holders, $42.5bn |
| Q1 2024 | 31 holders, $5.0bn | 33 holders, $52.6bn |
| Q2 2024 | 39 holders, $4.1bn | 31 holders, $52.6bn |
| Q3 2024 | 35 holders, $5.3bn | 30 holders, $60.7bn |
| Q4 2024 | 35 holders, $7.5bn | 26 holders, $65.8bn |
| Q1 2025 | 35 holders, $5.4bn | 33 holders, $59.9bn |
| Q2 2025 | 30 holders, $6.5bn | 29 holders, $69.4bn |
| Q3 2025 | 29 holders, $5.8bn | 30 holders, $70.8bn |
| Q4 2025 | 23 holders, $5.6bn | 31 holders, $77.2bn |
| Q1 2026 | 12 holders, $2.2bn | 33 holders, $61.2bn |
| Q2 2026 | 12 holders, $2.0bn | 30 holders, $65.4bn |
PayPal HLDGS Inc
- Holders
- 35
- Reported value
- $5.3bn
- Buyers
- 19
- Sellers
- 17
Breadth +2 among 94 comparable managers.
American Express Co
- Holders
- 30
- Reported value
- $60.7bn
- Buyers
- 16
- Sellers
- 12
Breadth +4 among 94 comparable managers.
Who holds both, Q3 2024
Both (18)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Brevan Howard Capital Management LP, Bridgewater Associates LP, Capital Research Global Investors, D. E. Shaw & Co., Dodge & Cox, ExodusPoint Capital Management LP, Fidelity (FMR LLC), Invesco Ltd, Man Group PLC, Millennium Management LLC, Neuberger Berman Group LLC, Walleye Capital LLC, Wellington Management Group LLP
Only PYPL (17)
ARK Investment Management LLC, Baillie Gifford & Co, Caxton Associates LLP, Coatue Management LLC, Hudson Bay Capital Management LP, Marshall Wace LLP, Maverick Capital Ltd, Point72 Asset Management LP, Polen Capital Management LLC, Schonfeld Strategic Advisors LLC, Southeastern Asset Management Inc, Squarepoint Ops LLC, Tudor Investment Corp, Two Sigma Advisers LP, Two Sigma Investments LP, Verition Fund Management LLC, Winton Group Ltd
Only AXP (12)
Balyasny Asset Management LLC, Berkshire Hathaway Inc, Capital World Investors, First Eagle Investment Management LLC, GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Janus Henderson Group Ltd, Markel Group Inc, MFS Investment Management, Ruane Cunniff & Goldfarb LP, T. Rowe Price Associates Inc
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.