Holders over time
- MMM
- JNJ
| Quarter | MMM | JNJ |
|---|---|---|
| Q3 2020 | 22 holders, $4.1bn | 30 holders, $26.2bn |
| Q4 2020 | 20 holders, $4.3bn | 32 holders, $26.6bn |
| Q1 2021 | 16 holders, $4.6bn | 31 holders, $25.3bn |
| Q2 2021 | 15 holders, $5.1bn | 37 holders, $25.6bn |
| Q3 2021 | 17 holders, $4.0bn | 40 holders, $24.1bn |
| Q4 2021 | 17 holders, $3.6bn | 33 holders, $25.2bn |
| Q1 2022 | 18 holders, $2.2bn | 35 holders, $28.2bn |
| Q2 2022 | 21 holders, $2.0bn | 33 holders, $26.9bn |
| Q3 2022 | 26 holders, $2.2bn | 36 holders, $25.4bn |
| Q4 2022 | 22 holders, $2.1bn | 35 holders, $27.6bn |
| Q1 2023 | 21 holders, $1.8bn | 42 holders, $24.5bn |
| Q2 2023 | 21 holders, $1.8bn | 38 holders, $25.0bn |
| Q3 2023 | 23 holders, $1.8bn | 37 holders, $18.9bn |
| Q4 2023 | 27 holders, $2.5bn | 31 holders, $19.0bn |
| Q1 2024 | 29 holders, $3.3bn | 32 holders, $19.7bn |
| Q2 2024 | 30 holders, $4.8bn | 35 holders, $20.4bn |
| Q3 2024 | 34 holders, $5.9bn | 28 holders, $22.3bn |
| Q4 2024 | 33 holders, $5.8bn | 37 holders, $20.4bn |
| Q1 2025 | 26 holders, $7.2bn | 32 holders, $20.5bn |
| Q2 2025 | 21 holders, $6.9bn | 31 holders, $18.4bn |
| Q3 2025 | 24 holders, $6.8bn | 32 holders, $23.7bn |
| Q4 2025 | 20 holders, $6.6bn | 29 holders, $27.8bn |
| Q1 2026 | 26 holders, $7.0bn | 34 holders, $35.6bn |
| Q2 2026 | 31 holders, $7.1bn | 33 holders, $39.1bn |
3M Co
- Holders
- 33
- Reported value
- $5.8bn
- Buyers
- 13
- Sellers
- 19
Breadth -6 among 94 comparable managers.
Johnson & Johnson
- Holders
- 37
- Reported value
- $20.4bn
- Buyers
- 23
- Sellers
- 12
Breadth +11 among 94 comparable managers.
Who holds both, Q4 2024
Both (24)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Balyasny Asset Management LLC, Citadel Advisors LLC, Dodge & Cox, Eisler Capital Management Ltd, Fidelity (FMR LLC), Freestone Grove Partners LP, Holocene Advisors LP, Hudson Bay Capital Management LP, Invesco Ltd, Janus Henderson Group Ltd, Markel Group Inc, Millennium Management LLC, Neuberger Berman Group LLC, Point72 Asset Management LP, Renaissance Technologies LLC, Schonfeld Strategic Advisors LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Verition Fund Management LLC, Woodline Partners LP
Only MMM (9)
ARK Investment Management LLC, Brevan Howard Capital Management LP, Capital World Investors, D1 Capital Partners LP, Davidson Kempner Capital Management LP, ExodusPoint Capital Management LP, Moore Capital Management LP, Walleye Capital LLC, Winton Group Ltd
Only JNJ (13)
Bridgewater Associates LP, Capital Research Global Investors, D. E. Shaw & Co., GAMCO Investors Inc, Jane Street Group LLC, Man Group PLC, Marshall Wace LLP, MFS Investment Management, Quantbot Technologies LP, Susquehanna International Group LLP, Two Sigma Advisers LP, Voloridge Investment Management LLC, Wellington Management Group LLP
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.