Holders over time
- BRO
- V
| Quarter | BRO | V |
|---|---|---|
| Q3 2020 | 3 holders, $642m | 55 holders, $62.2bn |
| Q4 2020 | 10 holders, $751m | 52 holders, $67.1bn |
| Q1 2021 | 10 holders, $775m | 58 holders, $64.5bn |
| Q2 2021 | 10 holders, $890m | 52 holders, $69.3bn |
| Q3 2021 | 11 holders, $1.0bn | 56 holders, $63.6bn |
| Q4 2021 | 10 holders, $1.2bn | 47 holders, $58.0bn |
| Q1 2022 | 7 holders, $1.2bn | 59 holders, $61.8bn |
| Q2 2022 | 9 holders, $801m | 57 holders, $55.2bn |
| Q3 2022 | 10 holders, $720m | 57 holders, $50.7bn |
| Q4 2022 | 10 holders, $720m | 54 holders, $59.4bn |
| Q1 2023 | 10 holders, $649m | 55 holders, $64.0bn |
| Q2 2023 | 8 holders, $427m | 54 holders, $65.2bn |
| Q3 2023 | 10 holders, $634m | 55 holders, $61.5bn |
| Q4 2023 | 11 holders, $558m | 48 holders, $68.6bn |
| Q1 2024 | 8 holders, $546m | 50 holders, $73.1bn |
| Q2 2024 | 5 holders, $493m | 45 holders, $69.5bn |
| Q3 2024 | 8 holders, $1.2bn | 47 holders, $70.5bn |
| Q4 2024 | 10 holders, $1.2bn | 48 holders, $77.6bn |
| Q1 2025 | 5 holders, $1.9bn | 43 holders, $83.5bn |
| Q2 2025 | 21 holders, $4.6bn | 45 holders, $83.4bn |
| Q3 2025 | 10 holders, $3.1bn | 48 holders, $82.8bn |
| Q4 2025 | 8 holders, $2.5bn | 49 holders, $86.0bn |
| Q1 2026 | 14 holders, $3.4bn | 49 holders, $73.3bn |
| Q2 2026 | 13 holders, $3.5bn | 52 holders, $81.9bn |
Brown & Brown Inc
- Holders
- 10
- Reported value
- $1.2bn
- Buyers
- 5
- Sellers
- 4
Breadth +1 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 (6)
Acadian Asset Management LLC, Capital World Investors, Freestone Grove Partners LP, Invesco Ltd, Point72 Asset Management LP, Voloridge Investment Management LLC
Only BRO (4)
Balyasny Asset Management LLC, ExodusPoint Capital Management LP, First Eagle Investment Management LLC, Quantbot Technologies LP
Only V (42)
Akre Capital Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Berkshire Hathaway Inc, Bridgewater Associates LP, Capital Research Global Investors, Caxton Associates LLP, Citadel Advisors LLC, D. E. Shaw & Co., Dodge & Cox, Egerton Capital UK LLP, Farallon Capital Management LLC, Fidelity (FMR LLC), GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Janus Henderson Group Ltd, Man Group PLC, Markel Group Inc, Marshall Wace LLP, Maverick Capital Ltd, MFS Investment Management, Millennium Management LLC, and 17 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.