Holders over time
- NDAQ
- V
| Quarter | NDAQ | V |
|---|---|---|
| Q3 2020 | 11 holders, $3.4bn | 55 holders, $62.2bn |
| Q4 2020 | 14 holders, $3.7bn | 52 holders, $67.1bn |
| Q1 2021 | 10 holders, $4.0bn | 58 holders, $64.5bn |
| Q2 2021 | 11 holders, $4.9bn | 52 holders, $69.3bn |
| Q3 2021 | 10 holders, $5.0bn | 56 holders, $63.6bn |
| Q4 2021 | 14 holders, $5.4bn | 47 holders, $58.0bn |
| Q1 2022 | 15 holders, $4.6bn | 59 holders, $61.8bn |
| Q2 2022 | 14 holders, $4.3bn | 57 holders, $55.2bn |
| Q3 2022 | 14 holders, $4.7bn | 57 holders, $50.7bn |
| Q4 2022 | 16 holders, $5.1bn | 54 holders, $59.4bn |
| Q1 2023 | 19 holders, $4.1bn | 55 holders, $64.0bn |
| Q2 2023 | 17 holders, $2.8bn | 54 holders, $65.2bn |
| Q3 2023 | 20 holders, $2.8bn | 55 holders, $61.5bn |
| Q4 2023 | 17 holders, $3.4bn | 48 holders, $68.6bn |
| Q1 2024 | 25 holders, $4.4bn | 50 holders, $73.1bn |
| Q2 2024 | 15 holders, $3.9bn | 45 holders, $69.5bn |
| Q3 2024 | 21 holders, $6.6bn | 47 holders, $70.5bn |
| Q4 2024 | 24 holders, $6.8bn | 48 holders, $77.6bn |
| Q1 2025 | 22 holders, $6.6bn | 43 holders, $83.5bn |
| Q2 2025 | 29 holders, $10.0bn | 45 holders, $83.4bn |
| Q3 2025 | 23 holders, $8.7bn | 48 holders, $82.8bn |
| Q4 2025 | 22 holders, $9.2bn | 49 holders, $86.0bn |
| Q1 2026 | 18 holders, $7.7bn | 49 holders, $73.3bn |
| Q2 2026 | 15 holders, $5.8bn | 52 holders, $81.9bn |
Nasdaq Inc
- Holders
- 22
- Reported value
- $6.6bn
- Buyers
- 14
- Sellers
- 9
Breadth +5 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 (15)
Artisan Partners LP, Capital World Investors, Farallon Capital Management LLC, Harris Associates LP, Invesco Ltd, Man Group PLC, MFS Investment Management, Moore Capital Management LP, Neuberger Berman Group LLC, Renaissance Technologies LLC, Two Sigma Advisers LP, Verition Fund Management LLC, Voloridge Investment Management LLC, Walleye Capital LLC, Wellington Management Group LLP
Only NDAQ (7)
ExodusPoint Capital Management LP, Freestone Grove Partners LP, Hudson Bay Capital Management LP, Quantbot Technologies LP, Schonfeld Strategic Advisors LLC, Soros Fund Management LLC, Two Sigma Investments LP
Only V (28)
Acadian Asset Management LLC, Akre Capital Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Balyasny Asset Management LLC, Berkshire Hathaway Inc, Bridgewater Associates LP, Capital Research Global Investors, Caxton Associates LLP, D. E. Shaw & Co., Dodge & Cox, Egerton Capital UK LLP, Element Capital Management LLC, Fidelity (FMR LLC), GAMCO Investors Inc, Holocene Advisors LP, Janus Henderson Group Ltd, Markel Group Inc, Marshall Wace LLP, Polen Capital Management LLC, Soroban Capital Partners LP, Squarepoint Ops LLC, T. Rowe Price Associates Inc, TCI Fund Management Ltd, and 3 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.