Holders over time
- PAYX
- V
| Quarter | PAYX | V |
|---|---|---|
| Q3 2020 | 11 holders, $605m | 55 holders, $62.2bn |
| Q4 2020 | 10 holders, $561m | 52 holders, $67.1bn |
| Q1 2021 | 7 holders, $515m | 58 holders, $64.5bn |
| Q2 2021 | 9 holders, $863m | 52 holders, $69.3bn |
| Q3 2021 | 18 holders, $1.2bn | 56 holders, $63.6bn |
| Q4 2021 | 17 holders, $1.4bn | 47 holders, $58.0bn |
| Q1 2022 | 15 holders, $1.4bn | 59 holders, $61.8bn |
| Q2 2022 | 18 holders, $1.4bn | 57 holders, $55.2bn |
| Q3 2022 | 25 holders, $1.4bn | 57 holders, $50.7bn |
| Q4 2022 | 20 holders, $1.4bn | 54 holders, $59.4bn |
| Q1 2023 | 21 holders, $1.9bn | 55 holders, $64.0bn |
| Q2 2023 | 23 holders, $1.9bn | 54 holders, $65.2bn |
| Q3 2023 | 19 holders, $1.6bn | 55 holders, $61.5bn |
| Q4 2023 | 17 holders, $1.6bn | 48 holders, $68.6bn |
| Q1 2024 | 15 holders, $1.1bn | 50 holders, $73.1bn |
| Q2 2024 | 10 holders, $1.2bn | 45 holders, $69.5bn |
| Q3 2024 | 9 holders, $1.3bn | 47 holders, $70.5bn |
| Q4 2024 | 9 holders, $1.4bn | 48 holders, $77.6bn |
| Q1 2025 | 10 holders, $1.5bn | 43 holders, $83.5bn |
| Q2 2025 | 14 holders, $1.6bn | 45 holders, $83.4bn |
| Q3 2025 | 19 holders, $1.5bn | 48 holders, $82.8bn |
| Q4 2025 | 12 holders, $2.1bn | 49 holders, $86.0bn |
| Q1 2026 | 14 holders, $2.0bn | 49 holders, $73.3bn |
| Q2 2026 | 10 holders, $1.9bn | 52 holders, $81.9bn |
Paychex Inc
- Holders
- 10
- Reported value
- $1.5bn
- Buyers
- 5
- Sellers
- 3
Breadth +2 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 (9)
AllianceBernstein LP, Capital Research Global Investors, Capital World Investors, Caxton Associates LLP, Element Capital Management LLC, Invesco Ltd, Markel Group Inc, Marshall Wace LLP, Neuberger Berman Group LLC
Only PAYX (1)
Only V (34)
Acadian Asset Management LLC, Akre Capital Management LLC, AQR Capital Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Balyasny Asset Management LLC, Berkshire Hathaway Inc, Bridgewater Associates LP, D. E. Shaw & Co., Dodge & Cox, Egerton Capital UK LLP, Farallon Capital Management LLC, Fidelity (FMR LLC), GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Janus Henderson Group Ltd, Man Group PLC, MFS Investment Management, Moore Capital Management LP, Polen Capital Management LLC, Renaissance Technologies LLC, Soroban Capital Partners LP, Squarepoint Ops LLC, T. Rowe Price Associates Inc, and 9 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.