Holders over time
- AJG
- V
| Quarter | AJG | V |
|---|---|---|
| Q3 2020 | 15 holders, $2.2bn | 55 holders, $62.2bn |
| Q4 2020 | 7 holders, $3.5bn | 52 holders, $67.1bn |
| Q1 2021 | 11 holders, $3.7bn | 58 holders, $64.5bn |
| Q2 2021 | 16 holders, $4.5bn | 52 holders, $69.3bn |
| Q3 2021 | 19 holders, $4.8bn | 56 holders, $63.6bn |
| Q4 2021 | 18 holders, $5.3bn | 47 holders, $58.0bn |
| Q1 2022 | 17 holders, $5.1bn | 59 holders, $61.8bn |
| Q2 2022 | 10 holders, $4.9bn | 57 holders, $55.2bn |
| Q3 2022 | 16 holders, $5.2bn | 57 holders, $50.7bn |
| Q4 2022 | 17 holders, $5.8bn | 54 holders, $59.4bn |
| Q1 2023 | 17 holders, $5.6bn | 55 holders, $64.0bn |
| Q2 2023 | 14 holders, $6.1bn | 54 holders, $65.2bn |
| Q3 2023 | 14 holders, $6.7bn | 55 holders, $61.5bn |
| Q4 2023 | 12 holders, $6.2bn | 48 holders, $68.6bn |
| Q1 2024 | 14 holders, $6.7bn | 50 holders, $73.1bn |
| Q2 2024 | 12 holders, $7.5bn | 45 holders, $69.5bn |
| Q3 2024 | 14 holders, $8.3bn | 47 holders, $70.5bn |
| Q4 2024 | 33 holders, $12.4bn | 48 holders, $77.6bn |
| Q1 2025 | 21 holders, $14.2bn | 43 holders, $83.5bn |
| Q2 2025 | 22 holders, $13.2bn | 45 holders, $83.4bn |
| Q3 2025 | 16 holders, $11.5bn | 48 holders, $82.8bn |
| Q4 2025 | 14 holders, $10.4bn | 49 holders, $86.0bn |
| Q1 2026 | 17 holders, $10.7bn | 49 holders, $73.3bn |
| Q2 2026 | 16 holders, $11.6bn | 52 holders, $81.9bn |
Gallagher Arthur J & Co
- Holders
- 33
- Reported value
- $12.4bn
- Buyers
- 26
- Sellers
- 5
Breadth +21 among 94 comparable managers.
Visa Inc
- Holders
- 48
- Reported value
- $77.6bn
- Buyers
- 15
- Sellers
- 26
Breadth -11 among 94 comparable managers.
Who holds both, Q4 2024
Both (21)
AllianceBernstein LP, AQR Capital Management LLC, Artisan Partners LP, Capital Research Global Investors, Capital World Investors, Citadel Advisors LLC, D. E. Shaw & Co., Fidelity (FMR LLC), Freestone Grove Partners LP, GAMCO Investors Inc, Holocene Advisors LP, Invesco Ltd, Janus Henderson Group Ltd, Marshall Wace LLP, MFS Investment Management, Millennium Management LLC, Moore Capital Management LP, Schonfeld Strategic Advisors LLC, Walleye Capital LLC, Wellington Management Group LLP, Woodline Partners LP
Only AJG (12)
Baillie Gifford & Co, Balyasny Asset Management LLC, Discovery Capital Management LLC, ExodusPoint Capital Management LP, Hudson Bay Capital Management LP, Jane Street Group LLC, PDT Partners LLC, Renaissance Technologies LLC, Soros Fund Management LLC, Tudor Investment Corp, Verition Fund Management LLC, Winton Group Ltd
Only V (27)
Acadian Asset Management LLC, Akre Capital Management LLC, Arrowstreet Capital LP, Berkshire Hathaway Inc, Bridgewater Associates LP, Caxton Associates LLP, Dodge & Cox, Egerton Capital UK LLP, Farallon Capital Management LLC, Harris Associates LP, Man Group PLC, Markel Group Inc, Maverick Capital Ltd, Neuberger Berman Group LLC, Point72 Asset Management LP, Polen Capital Management LLC, Soroban Capital Partners LP, Squarepoint Ops LLC, Steadfast Capital Management LP, Susquehanna International Group LLP, T. Rowe Price Associates Inc, TCI Fund Management Ltd, Two Sigma Advisers LP, Two Sigma Investments LP, ValueAct Holdings LP, and 2 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.