Holders over time
- FNF
- AXP
| Quarter | FNF | AXP |
|---|---|---|
| Q3 2020 | 12 holders, $395m | 24 holders, $25.7bn |
| Q4 2020 | 11 holders, $671m | 21 holders, $30.8bn |
| Q1 2021 | 8 holders, $473m | 24 holders, $36.9bn |
| Q2 2021 | 9 holders, $469m | 21 holders, $42.9bn |
| Q3 2021 | 8 holders, $435m | 26 holders, $42.0bn |
| Q4 2021 | 11 holders, $566m | 27 holders, $39.7bn |
| Q1 2022 | 7 holders, $416m | 20 holders, $45.0bn |
| Q2 2022 | 8 holders, $244m | 36 holders, $33.2bn |
| Q3 2022 | 3 holders, $62m | 35 holders, $32.3bn |
| Q4 2022 | 6 holders, $166m | 35 holders, $34.4bn |
| Q1 2023 | 7 holders, $234m | 32 holders, $38.7bn |
| Q2 2023 | 7 holders, $256m | 30 holders, $40.1bn |
| Q3 2023 | 2 holders, $253m | 34 holders, $34.1bn |
| Q4 2023 | 3 holders, $357m | 28 holders, $42.5bn |
| Q1 2024 | 2 holders, $372m | 33 holders, $52.6bn |
| Q2 2024 | 3 holders, $344m | 31 holders, $52.6bn |
| Q3 2024 | 7 holders, $474m | 30 holders, $60.7bn |
| Q4 2024 | 5 holders, $561m | 26 holders, $65.8bn |
| Q1 2025 | 9 holders, $840m | 33 holders, $59.9bn |
| Q2 2025 | 10 holders, $715m | 29 holders, $69.4bn |
| Q3 2025 | 7 holders, $1.1bn | 30 holders, $70.8bn |
| Q4 2025 | 6 holders, $1.0bn | 31 holders, $77.2bn |
| Q1 2026 | 6 holders, $1.0bn | 33 holders, $61.2bn |
| Q2 2026 | 9 holders, $1.1bn | 30 holders, $65.4bn |
FNF Group
- Holders
- 9
- Reported value
- $840m
- Buyers
- 8
- Sellers
- 1
Breadth +7 among 95 comparable managers.
American Express Co
- Holders
- 33
- Reported value
- $59.9bn
- Buyers
- 17
- Sellers
- 13
Breadth +4 among 95 comparable managers.
Who holds both, Q1 2025
Both (8)
AQR Capital Management LLC, Arrowstreet Capital LP, Bridgewater Associates LP, Caxton Associates LLP, First Eagle Investment Management LLC, Holocene Advisors LP, Hudson Bay Capital Management LP, Millennium Management LLC
Only FNF (1)
Only AXP (25)
AllianceBernstein LP, Artisan Partners LP, Berkshire Hathaway Inc, Capital Research Global Investors, Capital World Investors, D. E. Shaw & Co., Dodge & Cox, Fidelity (FMR LLC), GAMCO Investors Inc, Harris Associates LP, Invesco Ltd, Janus Henderson Group Ltd, Man Group PLC, Markel Group Inc, MFS Investment Management, Neuberger Berman Group LLC, Quantbot Technologies LP, Ruane Cunniff & Goldfarb LP, Schonfeld Strategic Advisors LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Tudor Investment Corp, Walleye Capital LLC, Wellington Management Group LLP, Woodline Partners 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.