Holders over time
- USB
- WFC
| Quarter | USB | WFC |
|---|---|---|
| Q3 2020 | 22 holders, $8.2bn | 34 holders, $15.9bn |
| Q4 2020 | 23 holders, $10.7bn | 33 holders, $19.5bn |
| Q1 2021 | 17 holders, $11.2bn | 31 holders, $23.4bn |
| Q2 2021 | 16 holders, $11.1bn | 33 holders, $28.0bn |
| Q3 2021 | 17 holders, $11.5bn | 28 holders, $27.7bn |
| Q4 2021 | 16 holders, $10.6bn | 32 holders, $28.6bn |
| Q1 2022 | 16 holders, $9.9bn | 37 holders, $28.8bn |
| Q2 2022 | 22 holders, $8.5bn | 32 holders, $24.1bn |
| Q3 2022 | 28 holders, $6.5bn | 28 holders, $25.5bn |
| Q4 2022 | 28 holders, $5.7bn | 33 holders, $25.2bn |
| Q1 2023 | 23 holders, $4.6bn | 34 holders, $21.5bn |
| Q2 2023 | 22 holders, $4.0bn | 29 holders, $23.4bn |
| Q3 2023 | 12 holders, $3.1bn | 30 holders, $22.9bn |
| Q4 2023 | 11 holders, $4.5bn | 32 holders, $27.2bn |
| Q1 2024 | 15 holders, $5.2bn | 27 holders, $33.6bn |
| Q2 2024 | 18 holders, $5.1bn | 37 holders, $34.1bn |
| Q3 2024 | 20 holders, $6.9bn | 35 holders, $32.0bn |
| Q4 2024 | 18 holders, $7.0bn | 42 holders, $38.9bn |
| Q1 2025 | 30 holders, $7.7bn | 39 holders, $38.2bn |
| Q2 2025 | 25 holders, $7.7bn | 33 holders, $41.6bn |
| Q3 2025 | 23 holders, $7.5bn | 29 holders, $41.5bn |
| Q4 2025 | 21 holders, $8.0bn | 29 holders, $43.6bn |
| Q1 2026 | 20 holders, $7.7bn | 34 holders, $36.8bn |
| Q2 2026 | 21 holders, $8.7bn | 41 holders, $38.2bn |
US Bancorp
- Holders
- 18
- Reported value
- $7.0bn
- Buyers
- 8
- Sellers
- 11
Breadth -3 among 94 comparable managers.
Wells Fargo & Co
- Holders
- 42
- Reported value
- $38.9bn
- Buyers
- 25
- Sellers
- 18
Breadth +7 among 94 comparable managers.
Who holds both, Q4 2024
Both (16)
AllianceBernstein LP, Artisan Partners LP, Brevan Howard Capital Management LP, Capital Research Global Investors, Dodge & Cox, ExodusPoint Capital Management LP, Fidelity (FMR LLC), Freestone Grove Partners LP, Invesco Ltd, Janus Henderson Group Ltd, Marshall Wace LLP, Schonfeld Strategic Advisors LLC, T. Rowe Price Associates Inc, Verition Fund Management LLC, Walleye Capital LLC, Winton Group Ltd
Only WFC (26)
Acadian Asset Management LLC, AQR Capital Management LLC, Arrowstreet Capital LP, Balyasny Asset Management LLC, Bridgewater Associates LP, Capital World Investors, Citadel Advisors LLC, D. E. Shaw & Co., GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Hudson Bay Capital Management LP, Jane Street Group LLC, Man Group PLC, Markel Group Inc, Maverick Capital Ltd, MFS Investment Management, Millennium Management LLC, Moore Capital Management LP, Neuberger Berman Group LLC, Point72 Asset Management LP, Renaissance Technologies LLC, Susquehanna International Group LLP, Tudor Investment Corp, Wellington Management Group LLP, 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.