Holders over time
- MRSH
- V
| Quarter | MRSH | V |
|---|---|---|
| Q3 2020 | 21 holders, $12.5bn | 55 holders, $62.2bn |
| Q4 2020 | 25 holders, $13.5bn | 52 holders, $67.1bn |
| Q1 2021 | 23 holders, $14.2bn | 58 holders, $64.5bn |
| Q2 2021 | 25 holders, $16.2bn | 52 holders, $69.3bn |
| Q3 2021 | 26 holders, $16.5bn | 56 holders, $63.6bn |
| Q4 2021 | 27 holders, $17.9bn | 47 holders, $58.0bn |
| Q1 2022 | 26 holders, $17.2bn | 59 holders, $61.8bn |
| Q2 2022 | 25 holders, $15.2bn | 57 holders, $55.2bn |
| Q3 2022 | 28 holders, $13.6bn | 57 holders, $50.7bn |
| Q4 2022 | 27 holders, $14.6bn | 54 holders, $59.4bn |
| Q1 2023 | 30 holders, $14.8bn | 55 holders, $64.0bn |
| Q2 2023 | 27 holders, $16.4bn | 54 holders, $65.2bn |
| Q3 2023 | 27 holders, $16.5bn | 55 holders, $61.5bn |
| Q4 2023 | 21 holders, $16.5bn | 48 holders, $68.6bn |
| Q1 2024 | 25 holders, $17.8bn | 50 holders, $73.1bn |
| Q2 2024 | 26 holders, $18.3bn | 45 holders, $69.5bn |
| Q3 2024 | 28 holders, $19.2bn | 47 holders, $70.5bn |
| Q4 2024 | 30 holders, $18.5bn | 48 holders, $77.6bn |
| Q1 2025 | 25 holders, $22.7bn | 43 holders, $83.5bn |
| Q2 2025 | 31 holders, $21.5bn | 45 holders, $83.4bn |
| Q3 2025 | 30 holders, $19.9bn | 48 holders, $82.8bn |
| Q4 2025 | 30 holders, $18.2bn | 49 holders, $86.0bn |
| Q1 2026 | 23 holders, $18.4bn | 49 holders, $73.3bn |
| Q2 2026 | 24 holders, $17.9bn | 52 holders, $81.9bn |
Marsh & Mclennan Cos Inc
- Holders
- 30
- Reported value
- $18.5bn
- Buyers
- 17
- Sellers
- 12
Breadth +5 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 (22)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Artisan Partners LP, Capital Research Global Investors, Capital World Investors, D. E. Shaw & Co., Fidelity (FMR LLC), Freestone Grove Partners LP, GAMCO Investors Inc, Invesco Ltd, Janus Henderson Group Ltd, Man Group PLC, Markel Group Inc, MFS Investment Management, Millennium Management LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Two Sigma Advisers LP, Two Sigma Investments LP, Voloridge Investment Management LLC, Wellington Management Group LLP
Only MRSH (8)
Baillie Gifford & Co, Brevan Howard Capital Management LP, PDT Partners LLC, Quantbot Technologies LP, Renaissance Technologies LLC, Tudor Investment Corp, Verition Fund Management LLC, Winton Group Ltd
Only V (26)
Akre Capital Management LLC, Arrowstreet Capital LP, Berkshire Hathaway Inc, Bridgewater Associates LP, Caxton Associates LLP, Citadel Advisors LLC, Dodge & Cox, Egerton Capital UK LLP, Farallon Capital Management LLC, Harris Associates LP, Holocene Advisors LP, Marshall Wace LLP, Maverick Capital Ltd, Moore Capital Management LP, Neuberger Berman Group LLC, Point72 Asset Management LP, Polen Capital Management LLC, Schonfeld Strategic Advisors LLC, Soroban Capital Partners LP, Steadfast Capital Management LP, Susquehanna International Group LLP, TCI Fund Management Ltd, ValueAct Holdings LP, Viking Global Investors LP, Walleye Capital LLC, and 1 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.