Holders over time
- WU
- MCO
| Quarter | WU | MCO |
|---|---|---|
| Q3 2020 | 15 holders, $1.7bn | 30 holders, $17.0bn |
| Q4 2020 | 14 holders, $1.6bn | 21 holders, $16.9bn |
| Q1 2021 | 10 holders, $1.3bn | 17 holders, $16.9bn |
| Q2 2021 | 10 holders, $1.3bn | 16 holders, $20.2bn |
| Q3 2021 | 11 holders, $702m | 25 holders, $19.9bn |
| Q4 2021 | 8 holders, $518m | 25 holders, $22.0bn |
| Q1 2022 | 9 holders, $659m | 22 holders, $19.1bn |
| Q2 2022 | 10 holders, $642m | 19 holders, $15.4bn |
| Q3 2022 | 11 holders, $448m | 21 holders, $13.6bn |
| Q4 2022 | 9 holders, $463m | 17 holders, $15.5bn |
| Q1 2023 | 11 holders, $581m | 20 holders, $17.3bn |
| Q2 2023 | 13 holders, $640m | 25 holders, $19.4bn |
| Q3 2023 | 12 holders, $792m | 21 holders, $17.2bn |
| Q4 2023 | 9 holders, $499m | 21 holders, $22.3bn |
| Q1 2024 | 7 holders, $677m | 22 holders, $21.9bn |
| Q2 2024 | 6 holders, $688m | 24 holders, $23.6bn |
| Q3 2024 | 8 holders, $521m | 31 holders, $26.8bn |
| Q4 2024 | 10 holders, $555m | 31 holders, $25.7bn |
| Q1 2025 | 11 holders, $621m | 30 holders, $25.2bn |
| Q2 2025 | 7 holders, $189m | 30 holders, $26.8bn |
| Q3 2025 | 5 holders, $156m | 31 holders, $26.0bn |
| Q4 2025 | 9 holders, $334m | 32 holders, $27.7bn |
| Q1 2026 | 3 holders, $169m | 28 holders, $23.9bn |
| Q2 2026 | 2 holders, $118m | 31 holders, $24.9bn |
Western Un Co
- Holders
- 10
- Reported value
- $555m
- Buyers
- 7
- Sellers
- 2
Breadth +5 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 (5)
Brevan Howard Capital Management LP, Bridgewater Associates LP, Freestone Grove Partners LP, Quantbot Technologies LP, T. Rowe Price Associates Inc
Only WU (5)
AQR Capital Management LLC, Capital Research Global Investors, Holocene Advisors LP, Voloridge Investment Management LLC, Winton Group Ltd
Only MCO (26)
Acadian Asset Management LLC, Akre Capital Management LLC, AllianceBernstein LP, Arrowstreet Capital LP, Artisan Partners LP, Baillie Gifford & Co, Balyasny Asset Management LLC, Berkshire Hathaway Inc, Citadel Advisors LLC, Dodge & Cox, Fidelity (FMR LLC), GAMCO Investors Inc, Harris Associates LP, Hudson Bay Capital Management LP, Invesco Ltd, Janus Henderson Group Ltd, Man Group PLC, Markel Group Inc, Marshall Wace LLP, Maverick Capital Ltd, MFS Investment Management, Moore Capital Management LP, Neuberger Berman Group LLC, Renaissance Technologies LLC, TCI Fund Management Ltd, 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.