Holders over time
- ECL
- COST
| Quarter | ECL | COST |
|---|---|---|
| Q3 2020 | 21 holders, $2.4bn | 32 holders, $15.4bn |
| Q4 2020 | 13 holders, $2.4bn | 30 holders, $15.3bn |
| Q1 2021 | 15 holders, $2.4bn | 29 holders, $13.4bn |
| Q2 2021 | 21 holders, $2.8bn | 25 holders, $15.5bn |
| Q3 2021 | 14 holders, $2.7bn | 25 holders, $16.9bn |
| Q4 2021 | 15 holders, $3.5bn | 27 holders, $20.5bn |
| Q1 2022 | 18 holders, $3.3bn | 32 holders, $19.9bn |
| Q2 2022 | 17 holders, $2.9bn | 30 holders, $15.8bn |
| Q3 2022 | 16 holders, $2.6bn | 33 holders, $16.0bn |
| Q4 2022 | 18 holders, $3.0bn | 33 holders, $32.7bn |
| Q1 2023 | 18 holders, $3.5bn | 29 holders, $14.9bn |
| Q2 2023 | 18 holders, $3.5bn | 37 holders, $16.0bn |
| Q3 2023 | 17 holders, $2.9bn | 30 holders, $16.8bn |
| Q4 2023 | 17 holders, $2.9bn | 26 holders, $20.1bn |
| Q1 2024 | 22 holders, $4.2bn | 29 holders, $21.5bn |
| Q2 2024 | 20 holders, $4.7bn | 31 holders, $24.7bn |
| Q3 2024 | 24 holders, $4.9bn | 28 holders, $24.7bn |
| Q4 2024 | 23 holders, $4.4bn | 34 holders, $26.0bn |
| Q1 2025 | 29 holders, $4.9bn | 35 holders, $28.2bn |
| Q2 2025 | 25 holders, $5.1bn | 36 holders, $29.4bn |
| Q3 2025 | 25 holders, $5.0bn | 35 holders, $26.7bn |
| Q4 2025 | 23 holders, $4.6bn | 40 holders, $34.6bn |
| Q1 2026 | 24 holders, $4.5bn | 40 holders, $36.1bn |
| Q2 2026 | 23 holders, $4.1bn | 38 holders, $35.5bn |
Ecolab Inc
- Holders
- 23
- Reported value
- $4.4bn
- Buyers
- 8
- Sellers
- 14
Breadth -6 among 94 comparable managers.
Costco Wholesale Corporation
- Holders
- 34
- Reported value
- $26.0bn
- Buyers
- 18
- Sellers
- 15
Breadth +3 among 94 comparable managers.
Who holds both, Q4 2024
Both (17)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Brevan Howard Capital Management LP, Capital Research Global Investors, Fidelity (FMR LLC), GAMCO Investors Inc, Invesco Ltd, Man Group PLC, Markel Group Inc, Marshall Wace LLP, Neuberger Berman Group LLC, Two Sigma Advisers LP, Two Sigma Investments LP, Wellington Management Group LLP, Winton Group Ltd
Only ECL (6)
Artisan Partners LP, Baillie Gifford & Co, ExodusPoint Capital Management LP, PDT Partners LLC, Quantbot Technologies LP, Renaissance Technologies LLC
Only COST (17)
Bridgewater Associates LP, Capital World Investors, Citadel Advisors LLC, D. E. Shaw & Co., Holocene Advisors LP, Janus Henderson Group Ltd, Maverick Capital Ltd, MFS Investment Management, Millennium Management LLC, Moore Capital Management LP, Squarepoint Ops LLC, Susquehanna International Group LLP, T. Rowe Price Associates Inc, Verition Fund Management LLC, Voloridge Investment Management LLC, Walleye Capital LLC, Woodline Partners LP
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.