Holders over time
- PGR
- V
| Quarter | PGR | V |
|---|---|---|
| Q3 2020 | 21 holders, $9.7bn | 55 holders, $62.2bn |
| Q4 2020 | 18 holders, $9.9bn | 52 holders, $67.1bn |
| Q1 2021 | 21 holders, $9.6bn | 58 holders, $64.5bn |
| Q2 2021 | 17 holders, $9.9bn | 52 holders, $69.3bn |
| Q3 2021 | 19 holders, $8.8bn | 56 holders, $63.6bn |
| Q4 2021 | 20 holders, $9.7bn | 47 holders, $58.0bn |
| Q1 2022 | 19 holders, $11.9bn | 59 holders, $61.8bn |
| Q2 2022 | 21 holders, $13.0bn | 57 holders, $55.2bn |
| Q3 2022 | 30 holders, $12.3bn | 57 holders, $50.7bn |
| Q4 2022 | 34 holders, $13.7bn | 54 holders, $59.4bn |
| Q1 2023 | 29 holders, $15.4bn | 55 holders, $64.0bn |
| Q2 2023 | 25 holders, $14.3bn | 54 holders, $65.2bn |
| Q3 2023 | 22 holders, $14.7bn | 55 holders, $61.5bn |
| Q4 2023 | 32 holders, $17.4bn | 48 holders, $68.6bn |
| Q1 2024 | 34 holders, $21.4bn | 50 holders, $73.1bn |
| Q2 2024 | 37 holders, $20.6bn | 45 holders, $69.5bn |
| Q3 2024 | 36 holders, $25.1bn | 47 holders, $70.5bn |
| Q4 2024 | 33 holders, $21.6bn | 48 holders, $77.6bn |
| Q1 2025 | 26 holders, $23.1bn | 43 holders, $83.5bn |
| Q2 2025 | 34 holders, $24.2bn | 45 holders, $83.4bn |
| Q3 2025 | 32 holders, $22.4bn | 48 holders, $82.8bn |
| Q4 2025 | 30 holders, $20.5bn | 49 holders, $86.0bn |
| Q1 2026 | 29 holders, $21.7bn | 49 holders, $73.3bn |
| Q2 2026 | 24 holders, $23.0bn | 52 holders, $81.9bn |
Progressive Corp
- Holders
- 33
- Reported value
- $21.6bn
- Buyers
- 10
- Sellers
- 23
Breadth -13 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 (28)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Capital Research Global Investors, Capital World Investors, Caxton Associates LLP, Citadel Advisors LLC, D. E. Shaw & Co., Egerton Capital UK LLP, Fidelity (FMR LLC), Freestone Grove Partners LP, Invesco Ltd, Janus Henderson Group Ltd, Man Group PLC, Markel Group Inc, Marshall Wace LLP, MFS Investment Management, Millennium Management LLC, Neuberger Berman Group LLC, Schonfeld Strategic Advisors LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Two Sigma Advisers LP, Two Sigma Investments LP, Viking Global Investors LP, Wellington Management Group LLP
Only PGR (5)
Baillie Gifford & Co, Brevan Howard Capital Management LP, Quantbot Technologies LP, Renaissance Technologies LLC, Tudor Investment Corp
Only V (20)
Akre Capital Management LLC, Berkshire Hathaway Inc, Bridgewater Associates LP, Dodge & Cox, Farallon Capital Management LLC, GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Maverick Capital Ltd, Moore Capital Management LP, Point72 Asset Management LP, Polen Capital Management LLC, Soroban Capital Partners LP, Steadfast Capital Management LP, Susquehanna International Group LLP, TCI Fund Management Ltd, ValueAct Holdings LP, 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.