Holders over time
- TRV
- V
| Quarter | TRV | V |
|---|---|---|
| Q3 2020 | 18 holders, $4.4bn | 55 holders, $62.2bn |
| Q4 2020 | 16 holders, $6.2bn | 52 holders, $67.1bn |
| Q1 2021 | 16 holders, $6.4bn | 58 holders, $64.5bn |
| Q2 2021 | 17 holders, $5.8bn | 52 holders, $69.3bn |
| Q3 2021 | 16 holders, $6.2bn | 56 holders, $63.6bn |
| Q4 2021 | 20 holders, $6.7bn | 47 holders, $58.0bn |
| Q1 2022 | 17 holders, $8.7bn | 59 holders, $61.8bn |
| Q2 2022 | 15 holders, $7.9bn | 57 holders, $55.2bn |
| Q3 2022 | 18 holders, $7.0bn | 57 holders, $50.7bn |
| Q4 2022 | 16 holders, $8.3bn | 54 holders, $59.4bn |
| Q1 2023 | 19 holders, $6.9bn | 55 holders, $64.0bn |
| Q2 2023 | 19 holders, $6.5bn | 54 holders, $65.2bn |
| Q3 2023 | 21 holders, $5.7bn | 55 holders, $61.5bn |
| Q4 2023 | 18 holders, $6.2bn | 48 holders, $68.6bn |
| Q1 2024 | 20 holders, $7.1bn | 50 holders, $73.1bn |
| Q2 2024 | 19 holders, $6.3bn | 45 holders, $69.5bn |
| Q3 2024 | 18 holders, $7.3bn | 47 holders, $70.5bn |
| Q4 2024 | 19 holders, $7.8bn | 48 holders, $77.6bn |
| Q1 2025 | 23 holders, $8.6bn | 43 holders, $83.5bn |
| Q2 2025 | 17 holders, $8.6bn | 45 holders, $83.4bn |
| Q3 2025 | 18 holders, $9.0bn | 48 holders, $82.8bn |
| Q4 2025 | 21 holders, $7.9bn | 49 holders, $86.0bn |
| Q1 2026 | 19 holders, $7.8bn | 49 holders, $73.3bn |
| Q2 2026 | 14 holders, $8.4bn | 52 holders, $81.9bn |
Travelers Companies Inc
- Holders
- 19
- Reported value
- $7.8bn
- Buyers
- 10
- Sellers
- 8
Breadth +2 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 (16)
Acadian Asset Management LLC, AQR Capital Management LLC, Arrowstreet Capital LP, Bridgewater Associates LP, Dodge & Cox, Fidelity (FMR LLC), Freestone Grove Partners LP, Invesco Ltd, Janus Henderson Group Ltd, MFS Investment Management, Neuberger Berman Group LLC, Point72 Asset Management LP, Schonfeld Strategic Advisors LLC, T. Rowe Price Associates Inc, Viking Global Investors LP, Woodline Partners LP
Only TRV (3)
Balyasny Asset Management LLC, Brevan Howard Capital Management LP, Verition Fund Management LLC
Only V (32)
Akre Capital Management LLC, AllianceBernstein LP, Artisan Partners LP, Berkshire Hathaway Inc, Capital Research Global Investors, Capital World Investors, Caxton Associates LLP, Citadel Advisors LLC, D. E. Shaw & Co., Egerton Capital UK LLP, Farallon Capital Management LLC, GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Man Group PLC, Markel Group Inc, Marshall Wace LLP, Maverick Capital Ltd, Millennium Management LLC, Moore Capital Management LP, Polen Capital Management LLC, Soroban Capital Partners LP, Squarepoint Ops LLC, Steadfast Capital Management LP, Susquehanna International Group LLP, and 7 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.