Holders over time
- DAR
- PM
| Quarter | DAR | PM |
|---|---|---|
| Q3 2020 | 10 holders, $399m | 25 holders, $19.7bn |
| Q4 2020 | 9 holders, $962m | 25 holders, $21.5bn |
| Q1 2021 | 10 holders, $1.6bn | 27 holders, $22.1bn |
| Q2 2021 | 14 holders, $1.1bn | 20 holders, $23.2bn |
| Q3 2021 | 10 holders, $1.1bn | 25 holders, $22.8bn |
| Q4 2021 | 6 holders, $937m | 26 holders, $22.3bn |
| Q1 2022 | 12 holders, $1.6bn | 29 holders, $23.2bn |
| Q2 2022 | 11 holders, $900m | 28 holders, $25.8bn |
| Q3 2022 | 12 holders, $915m | 33 holders, $22.2bn |
| Q4 2022 | 11 holders, $344m | 26 holders, $27.0bn |
| Q1 2023 | 6 holders, $262m | 36 holders, $27.6bn |
| Q2 2023 | 8 holders, $303m | 29 holders, $28.9bn |
| Q3 2023 | 8 holders, $234m | 32 holders, $28.5bn |
| Q4 2023 | 8 holders, $318m | 34 holders, $28.8bn |
| Q1 2024 | 6 holders, $226m | 36 holders, $28.4bn |
| Q2 2024 | 4 holders, $226m | 31 holders, $31.4bn |
| Q3 2024 | 5 holders, $116m | 39 holders, $38.2bn |
| Q4 2024 | 6 holders, $286m | 40 holders, $36.6bn |
| Q1 2025 | 5 holders, $232m | 44 holders, $49.1bn |
| Q2 2025 | 6 holders, $356m | 44 holders, $54.3bn |
| Q3 2025 | 1 holders, $30m | 36 holders, $49.3bn |
| Q4 2025 | 7 holders, $410m | 26 holders, $50.5bn |
| Q1 2026 | 16 holders, $962m | 25 holders, $57.3bn |
| Q2 2026 | 9 holders, $550m | 27 holders, $63.8bn |
Darling Ingredients Inc
- Holders
- 6
- Reported value
- $286m
- Buyers
- 4
- Sellers
- 2
Breadth +2 among 94 comparable managers.
Philip Morris Intl Inc
- Holders
- 40
- Reported value
- $36.6bn
- Buyers
- 22
- Sellers
- 17
Breadth +5 among 94 comparable managers.
Who holds both, Q4 2024
Only DAR (4)
Balyasny Asset Management LLC, Citadel Advisors LLC, Point72 Asset Management LP, Soros Fund Management LLC
Only PM (38)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Baillie Gifford & Co, Brevan Howard Capital Management LP, Capital Research Global Investors, Capital World Investors, D. E. Shaw & Co., D1 Capital Partners LP, Dodge & Cox, ExodusPoint Capital Management LP, Fidelity (FMR LLC), First Eagle Investment Management LLC, Harris Associates LP, Holocene Advisors LP, Invesco Ltd, Janus Henderson Group Ltd, Lone Pine Capital LLC, Man Group PLC, Markel Group Inc, Maverick Capital Ltd, MFS Investment Management, Millennium Management LLC, and 13 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.