Holders over time
- TCOM
- MCO
| Quarter | TCOM | MCO |
|---|---|---|
| Q3 2020 | 16 holders, $3.0bn | 30 holders, $17.0bn |
| Q4 2020 | 12 holders, $2.9bn | 21 holders, $16.9bn |
| Q1 2021 | 13 holders, $2.3bn | 17 holders, $16.9bn |
| Q2 2021 | 14 holders, $2.3bn | 16 holders, $20.2bn |
| Q3 2021 | 10 holders, $1.9bn | 25 holders, $19.9bn |
| Q4 2021 | 11 holders, $1.3bn | 25 holders, $22.0bn |
| Q1 2022 | 9 holders, $913m | 22 holders, $19.1bn |
| Q2 2022 | 12 holders, $842m | 19 holders, $15.4bn |
| Q3 2022 | 12 holders, $1.1bn | 21 holders, $13.6bn |
| Q4 2022 | 13 holders, $1.2bn | 17 holders, $15.5bn |
| Q1 2023 | 12 holders, $1.3bn | 20 holders, $17.3bn |
| Q2 2023 | 12 holders, $2.0bn | 25 holders, $19.4bn |
| Q3 2023 | 13 holders, $2.1bn | 21 holders, $17.2bn |
| Q4 2023 | 11 holders, $1.8bn | 21 holders, $22.3bn |
| Q1 2024 | 10 holders, $2.5bn | 22 holders, $21.9bn |
| Q2 2024 | 13 holders, $2.8bn | 24 holders, $23.6bn |
| Q3 2024 | 18 holders, $4.9bn | 31 holders, $26.8bn |
| Q4 2024 | 15 holders, $5.9bn | 31 holders, $25.7bn |
| Q1 2025 | 14 holders, $5.3bn | 30 holders, $25.2bn |
| Q2 2025 | 10 holders, $3.0bn | 30 holders, $26.8bn |
| Q3 2025 | 11 holders, $4.1bn | 31 holders, $26.0bn |
| Q4 2025 | 9 holders, $3.3bn | 32 holders, $27.7bn |
| Q1 2026 | 9 holders, $2.2bn | 28 holders, $23.9bn |
| Q2 2026 | 6 holders, $1.7bn | 31 holders, $24.9bn |
Trip Com Group LTD
- Holders
- 14
- Reported value
- $5.3bn
- Buyers
- 6
- Sellers
- 8
Breadth -2 among 95 comparable managers.
Moodys Corp
- Holders
- 30
- Reported value
- $25.2bn
- Buyers
- 15
- Sellers
- 13
Breadth +2 among 95 comparable managers.
Who holds both, Q1 2025
Both (9)
Acadian Asset Management LLC, Artisan Partners LP, Brevan Howard Capital Management LP, Bridgewater Associates LP, Dodge & Cox, Fidelity (FMR LLC), Janus Henderson Group Ltd, Man Group PLC, Renaissance Technologies LLC
Only TCOM (5)
Capital Research Global Investors, Capital World Investors, Coatue Management LLC, Marshall Wace LLP, Wellington Management Group LLP
Only MCO (21)
Akre Capital Management LLC, AllianceBernstein LP, Arrowstreet Capital LP, Baillie Gifford & Co, Berkshire Hathaway Inc, Eisler Capital Management Ltd, GAMCO Investors Inc, Harris Associates LP, Invesco Ltd, Markel Group Inc, Maverick Capital Ltd, MFS Investment Management, Millennium Management LLC, Neuberger Berman Group LLC, Schonfeld Strategic Advisors LLC, T. Rowe Price Associates Inc, TCI Fund Management Ltd, Two Sigma Advisers LP, Two Sigma Investments LP, Voloridge Investment Management LLC, 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.