Holders over time
- TCOM
- MCO
| Quarter | TCOM | MCO |
|---|---|---|
| Q3 2020 | 16 holders, $3.0bn | 30 holders, $17.0bn |
| Q4 2020 | 12 holders, $2.9bn | 21 holders, $16.9bn |
| Q1 2021 | 13 holders, $2.3bn | 17 holders, $16.9bn |
| Q2 2021 | 14 holders, $2.3bn | 16 holders, $20.2bn |
| Q3 2021 | 10 holders, $1.9bn | 25 holders, $19.9bn |
| Q4 2021 | 11 holders, $1.3bn | 25 holders, $22.0bn |
| Q1 2022 | 9 holders, $913m | 22 holders, $19.1bn |
| Q2 2022 | 12 holders, $842m | 19 holders, $15.4bn |
| Q3 2022 | 12 holders, $1.1bn | 21 holders, $13.6bn |
| Q4 2022 | 13 holders, $1.2bn | 17 holders, $15.5bn |
| Q1 2023 | 12 holders, $1.3bn | 20 holders, $17.3bn |
| Q2 2023 | 12 holders, $2.0bn | 25 holders, $19.4bn |
| Q3 2023 | 13 holders, $2.1bn | 21 holders, $17.2bn |
| Q4 2023 | 11 holders, $1.8bn | 21 holders, $22.3bn |
| Q1 2024 | 10 holders, $2.5bn | 22 holders, $21.9bn |
| Q2 2024 | 13 holders, $2.8bn | 24 holders, $23.6bn |
| Q3 2024 | 18 holders, $4.9bn | 31 holders, $26.8bn |
| Q4 2024 | 15 holders, $5.9bn | 31 holders, $25.7bn |
| Q1 2025 | 14 holders, $5.3bn | 30 holders, $25.2bn |
| Q2 2025 | 10 holders, $3.0bn | 30 holders, $26.8bn |
| Q3 2025 | 11 holders, $4.1bn | 31 holders, $26.0bn |
| Q4 2025 | 9 holders, $3.3bn | 32 holders, $27.7bn |
| Q1 2026 | 9 holders, $2.2bn | 28 holders, $23.9bn |
| Q2 2026 | 6 holders, $1.7bn | 31 holders, $24.9bn |
Trip Com Group LTD
- Holders
- 15
- Reported value
- $5.9bn
- Buyers
- 6
- Sellers
- 10
Breadth -4 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 (9)
Acadian Asset Management LLC, Artisan Partners LP, Bridgewater Associates LP, Dodge & Cox, Fidelity (FMR LLC), Janus Henderson Group Ltd, Man Group PLC, Marshall Wace LLP, Renaissance Technologies LLC
Only TCOM (6)
Capital World Investors, Oaktree Capital Management LP, Schonfeld Strategic Advisors LLC, Voloridge Investment Management LLC, Wellington Management Group LLP, Woodline Partners LP
Only MCO (22)
Akre Capital Management LLC, AllianceBernstein LP, Arrowstreet Capital LP, Baillie Gifford & Co, Balyasny Asset Management LLC, Berkshire Hathaway Inc, Brevan Howard Capital Management LP, Citadel Advisors LLC, Freestone Grove Partners LP, GAMCO Investors Inc, Harris Associates LP, Hudson Bay Capital Management LP, Invesco Ltd, Markel Group Inc, Maverick Capital Ltd, MFS Investment Management, Moore Capital Management LP, Neuberger Berman Group LLC, Quantbot Technologies LP, T. Rowe Price Associates Inc, TCI Fund Management Ltd, Two Sigma Investments 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.