Holders over time
- EXPO
- MCO
| Quarter | EXPO | MCO |
|---|---|---|
| Q3 2020 | 5 holders, $267m | 30 holders, $17.0bn |
| Q4 2020 | 4 holders, $311m | 21 holders, $16.9bn |
| Q1 2021 | 4 holders, $339m | 17 holders, $16.9bn |
| Q2 2021 | 6 holders, $306m | 16 holders, $20.2bn |
| Q3 2021 | 6 holders, $392m | 25 holders, $19.9bn |
| Q4 2021 | 6 holders, $407m | 25 holders, $22.0bn |
| Q1 2022 | 4 holders, $333m | 22 holders, $19.1bn |
| Q2 2022 | 6 holders, $289m | 19 holders, $15.4bn |
| Q3 2022 | 4 holders, $275m | 21 holders, $13.6bn |
| Q4 2022 | 6 holders, $311m | 17 holders, $15.5bn |
| Q1 2023 | 5 holders, $300m | 20 holders, $17.3bn |
| Q2 2023 | 2 holders, $247m | 25 holders, $19.4bn |
| Q3 2023 | 2 holders, $221m | 21 holders, $17.2bn |
| Q4 2023 | 3 holders, $234m | 21 holders, $22.3bn |
| Q1 2024 | 3 holders, $216m | 22 holders, $21.9bn |
| Q2 2024 | 3 holders, $258m | 24 holders, $23.6bn |
| Q3 2024 | 4 holders, $312m | 31 holders, $26.8bn |
| Q4 2024 | 5 holders, $216m | 31 holders, $25.7bn |
| Q1 2025 | 6 holders, $180m | 30 holders, $25.2bn |
| Q2 2025 | 4 holders, $140m | 30 holders, $26.8bn |
| Q3 2025 | 8 holders, $222m | 31 holders, $26.0bn |
| Q4 2025 | 6 holders, $181m | 32 holders, $27.7bn |
| Q1 2026 | 6 holders, $142m | 28 holders, $23.9bn |
| Q2 2026 | 5 holders, $80m | 31 holders, $24.9bn |
Exponent Inc
- Holders
- 5
- Reported value
- $216m
- Buyers
- 3
- Sellers
- 1
Breadth +2 among 94 comparable managers.
Moodys Corp
- Holders
- 31
- Reported value
- $25.7bn
- Buyers
- 11
- Sellers
- 16
Breadth -5 among 94 comparable managers.
Who holds both, Q4 2024
Both (4)
Freestone Grove Partners LP, Man Group PLC, Neuberger Berman Group LLC, Quantbot Technologies LP
Only EXPO (1)
Only MCO (27)
Acadian Asset Management LLC, Akre Capital Management LLC, AllianceBernstein LP, Arrowstreet Capital LP, Artisan Partners LP, Baillie Gifford & Co, Balyasny Asset Management LLC, Berkshire Hathaway Inc, Brevan Howard Capital Management LP, Bridgewater Associates LP, Citadel Advisors LLC, Dodge & Cox, Fidelity (FMR LLC), GAMCO Investors Inc, Harris Associates LP, Hudson Bay Capital Management LP, Invesco Ltd, Janus Henderson Group Ltd, Markel Group Inc, Marshall Wace LLP, Maverick Capital Ltd, MFS Investment Management, Moore Capital Management LP, Renaissance Technologies LLC, T. Rowe Price Associates Inc, 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.