Holders over time
- ICE
- V
| Quarter | ICE | V |
|---|---|---|
| Q3 2020 | 27 holders, $7.2bn | 55 holders, $62.2bn |
| Q4 2020 | 18 holders, $8.0bn | 52 holders, $67.1bn |
| Q1 2021 | 23 holders, $7.4bn | 58 holders, $64.5bn |
| Q2 2021 | 21 holders, $6.9bn | 52 holders, $69.3bn |
| Q3 2021 | 21 holders, $7.0bn | 56 holders, $63.6bn |
| Q4 2021 | 25 holders, $8.3bn | 47 holders, $58.0bn |
| Q1 2022 | 24 holders, $8.2bn | 59 holders, $61.8bn |
| Q2 2022 | 30 holders, $6.5bn | 57 holders, $55.2bn |
| Q3 2022 | 24 holders, $4.6bn | 57 holders, $50.7bn |
| Q4 2022 | 21 holders, $5.5bn | 54 holders, $59.4bn |
| Q1 2023 | 24 holders, $5.2bn | 55 holders, $64.0bn |
| Q2 2023 | 21 holders, $5.6bn | 54 holders, $65.2bn |
| Q3 2023 | 22 holders, $6.5bn | 55 holders, $61.5bn |
| Q4 2023 | 20 holders, $8.1bn | 48 holders, $68.6bn |
| Q1 2024 | 18 holders, $7.5bn | 50 holders, $73.1bn |
| Q2 2024 | 27 holders, $8.1bn | 45 holders, $69.5bn |
| Q3 2024 | 34 holders, $11.0bn | 47 holders, $70.5bn |
| Q4 2024 | 38 holders, $10.0bn | 48 holders, $77.6bn |
| Q1 2025 | 42 holders, $12.2bn | 43 holders, $83.5bn |
| Q2 2025 | 34 holders, $12.5bn | 45 holders, $83.4bn |
| Q3 2025 | 30 holders, $11.4bn | 48 holders, $82.8bn |
| Q4 2025 | 29 holders, $12.4bn | 49 holders, $86.0bn |
| Q1 2026 | 28 holders, $12.6bn | 49 holders, $73.3bn |
| Q2 2026 | 33 holders, $11.3bn | 52 holders, $81.9bn |
Intercontinental Exchange In
- Holders
- 42
- Reported value
- $12.2bn
- Buyers
- 24
- Sellers
- 17
Breadth +7 among 95 comparable managers.
Visa Inc
- Holders
- 43
- Reported value
- $83.5bn
- Buyers
- 19
- Sellers
- 23
Breadth -4 among 95 comparable managers.
Who holds both, Q1 2025
Both (28)
Acadian Asset Management LLC, AllianceBernstein LP, Arrowstreet Capital LP, Artisan Partners LP, Balyasny Asset Management LLC, Capital World Investors, Caxton Associates LLP, D. E. Shaw & Co., Egerton Capital UK LLP, Element Capital Management LLC, Fidelity (FMR LLC), Harris Associates LP, Holocene Advisors LP, Invesco Ltd, Janus Henderson Group Ltd, Markel Group Inc, Moore Capital Management LP, Neuberger Berman Group LLC, Renaissance Technologies LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Two Sigma Advisers LP, Verition Fund Management LLC, Viking Global Investors LP, Voloridge Investment Management LLC, Walleye Capital LLC, Wellington Management Group LLP, Woodline Partners LP
Only ICE (14)
ARK Investment Management LLC, Brevan Howard Capital Management LP, Citadel Advisors LLC, Freestone Grove Partners LP, Hudson Bay Capital Management LP, Millennium Management LLC, Point72 Asset Management LP, Quantbot Technologies LP, Ruane Cunniff & Goldfarb LP, Schonfeld Strategic Advisors LLC, Third Point LLC, Tudor Investment Corp, Two Sigma Investments LP, Winton Group Ltd
Only V (15)
Akre Capital Management LLC, AQR Capital Management LLC, Berkshire Hathaway Inc, Bridgewater Associates LP, Capital Research Global Investors, Dodge & Cox, Farallon Capital Management LLC, GAMCO Investors Inc, Man Group PLC, Marshall Wace LLP, MFS Investment Management, Polen Capital Management LLC, Soroban Capital Partners LP, TCI Fund Management Ltd, ValueAct Holdings 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.