Holders over time
- TRU
- V
| Quarter | TRU | V |
|---|---|---|
| Q3 2020 | 21 holders, $5.0bn | 55 holders, $62.2bn |
| Q4 2020 | 18 holders, $5.1bn | 52 holders, $67.1bn |
| Q1 2021 | 17 holders, $4.9bn | 58 holders, $64.5bn |
| Q2 2021 | 18 holders, $5.9bn | 52 holders, $69.3bn |
| Q3 2021 | 21 holders, $6.1bn | 56 holders, $63.6bn |
| Q4 2021 | 18 holders, $6.8bn | 47 holders, $58.0bn |
| Q1 2022 | 17 holders, $6.0bn | 59 holders, $61.8bn |
| Q2 2022 | 13 holders, $4.9bn | 57 holders, $55.2bn |
| Q3 2022 | 16 holders, $2.3bn | 57 holders, $50.7bn |
| Q4 2022 | 16 holders, $2.6bn | 54 holders, $59.4bn |
| Q1 2023 | 14 holders, $2.3bn | 55 holders, $64.0bn |
| Q2 2023 | 15 holders, $3.5bn | 54 holders, $65.2bn |
| Q3 2023 | 14 holders, $3.1bn | 55 holders, $61.5bn |
| Q4 2023 | 13 holders, $2.4bn | 48 holders, $68.6bn |
| Q1 2024 | 15 holders, $3.5bn | 50 holders, $73.1bn |
| Q2 2024 | 17 holders, $3.3bn | 45 holders, $69.5bn |
| Q3 2024 | 21 holders, $5.5bn | 47 holders, $70.5bn |
| Q4 2024 | 24 holders, $4.8bn | 48 holders, $77.6bn |
| Q1 2025 | 20 holders, $4.3bn | 43 holders, $83.5bn |
| Q2 2025 | 17 holders, $4.5bn | 45 holders, $83.4bn |
| Q3 2025 | 13 holders, $3.7bn | 48 holders, $82.8bn |
| Q4 2025 | 13 holders, $3.8bn | 49 holders, $86.0bn |
| Q1 2026 | 13 holders, $4.9bn | 49 holders, $73.3bn |
| Q2 2026 | 13 holders, $5.4bn | 52 holders, $81.9bn |
Transunion
- Holders
- 21
- Reported value
- $5.5bn
- Buyers
- 11
- Sellers
- 9
Breadth +2 among 94 comparable managers.
Visa Inc
- Holders
- 47
- Reported value
- $70.5bn
- Buyers
- 15
- Sellers
- 29
Breadth -14 among 94 comparable managers.
Who holds both, Q3 2024
Both (16)
AQR Capital Management LLC, Artisan Partners LP, Bridgewater Associates LP, Farallon Capital Management LLC, Fidelity (FMR LLC), Janus Henderson Group Ltd, Man Group PLC, Markel Group Inc, Marshall Wace LLP, MFS Investment Management, Millennium Management LLC, Neuberger Berman Group LLC, Schonfeld Strategic Advisors LLC, Steadfast Capital Management LP, Viking Global Investors LP, Wellington Management Group LLP
Only TRU (5)
Balyasny Asset Management LLC, Citadel Advisors LLC, Hudson Bay Capital Management LP, Moore Capital Management LP, PDT Partners LLC
Only V (31)
Acadian Asset Management LLC, Akre Capital Management LLC, AllianceBernstein LP, Arrowstreet Capital LP, Berkshire Hathaway Inc, Capital Research Global Investors, Capital World Investors, Caxton Associates LLP, D. E. Shaw & Co., Dodge & Cox, Egerton Capital UK LLP, Eisler Capital Management Ltd, GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Invesco Ltd, Maverick Capital Ltd, Polen Capital Management LLC, Quantbot Technologies LP, Soroban Capital Partners LP, Squarepoint Ops LLC, Susquehanna International Group LLP, T. Rowe Price Associates Inc, TCI Fund Management Ltd, Tudor Investment Corp, and 6 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.