Holders over time
- QTWO
- MSFT
| Quarter | QTWO | MSFT |
|---|---|---|
| Q3 2020 | 8 holders, $1.1bn | 63 holders, $218bn |
| Q4 2020 | 9 holders, $1.6bn | 66 holders, $228bn |
| Q1 2021 | 8 holders, $934m | 65 holders, $241bn |
| Q2 2021 | 5 holders, $972m | 62 holders, $273bn |
| Q3 2021 | 5 holders, $587m | 64 holders, $283bn |
| Q4 2021 | 5 holders, $543m | 65 holders, $336bn |
| Q1 2022 | 5 holders, $400m | 63 holders, $297bn |
| Q2 2022 | 4 holders, $153m | 67 holders, $245bn |
| Q3 2022 | 5 holders, $128m | 68 holders, $216bn |
| Q4 2022 | 4 holders, $58m | 62 holders, $217bn |
| Q1 2023 | 3 holders, $46m | 65 holders, $254bn |
| Q2 2023 | 2 holders, $33m | 69 holders, $304bn |
| Q3 2023 | 2 holders, $49m | 71 holders, $281bn |
| Q4 2023 | 4 holders, $92m | 66 holders, $333bn |
| Q1 2024 | 1 holders, $54m | 68 holders, $361bn |
| Q2 2024 | 1 holders, $49m | 67 holders, $374bn |
| Q3 2024 | 3 holders, $170m | 69 holders, $356bn |
| Q4 2024 | 5 holders, $364m | 70 holders, $338bn |
| Q1 2025 | 6 holders, $378m | 67 holders, $294bn |
| Q2 2025 | 5 holders, $431m | 65 holders, $401bn |
| Q3 2025 | 4 holders, $309m | 70 holders, $427bn |
| Q4 2025 | 4 holders, $332m | 68 holders, $411bn |
| Q1 2026 | 3 holders, $102m | 64 holders, $312bn |
| Q2 2026 | 2 holders, $75m | 60 holders, $291bn |
Q2 Holdings Inc
- Holders
- 5
- Reported value
- $364m
- Buyers
- 4
- Sellers
- 0
Breadth +4 among 94 comparable managers.
Microsoft Corp
- Holders
- 70
- Reported value
- $338bn
- Buyers
- 31
- Sellers
- 37
Breadth -6 among 94 comparable managers.
Who holds both, Q4 2024
Both (5)
Arrowstreet Capital LP, Capital Research Global Investors, Caxton Associates LLP, Freestone Grove Partners LP, MFS Investment Management
Only QTWO (0)
None.
Only MSFT (65)
Acadian Asset Management LLC, AllianceBernstein LP, Altimeter Capital Management LP, Appaloosa LP, AQR Capital Management LLC, ARK Investment Management LLC, Artisan Partners LP, Baillie Gifford & Co, Balyasny Asset Management LLC, Brevan Howard Capital Management LP, Bridgewater Associates LP, Capital World Investors, Citadel Advisors LLC, Coatue Management LLC, D. E. Shaw & Co., Davidson Kempner Capital Management LP, Dodge & Cox, Egerton Capital UK LLP, Eisler Capital Management Ltd, ExodusPoint Capital Management LP, Farallon Capital Management LLC, Fidelity (FMR LLC), First Eagle Investment Management LLC, GAMCO Investors Inc, Glenview Capital Management LLC, and 40 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.