Holders over time
- THG
- V
| Quarter | THG | V |
|---|---|---|
| Q3 2020 | 9 holders, $311m | 55 holders, $62.2bn |
| Q4 2020 | 7 holders, $376m | 52 holders, $67.1bn |
| Q1 2021 | 6 holders, $364m | 58 holders, $64.5bn |
| Q2 2021 | 5 holders, $354m | 52 holders, $69.3bn |
| Q3 2021 | 4 holders, $275m | 56 holders, $63.6bn |
| Q4 2021 | 5 holders, $281m | 47 holders, $58.0bn |
| Q1 2022 | 6 holders, $380m | 59 holders, $61.8bn |
| Q2 2022 | 7 holders, $482m | 57 holders, $55.2bn |
| Q3 2022 | 7 holders, $323m | 57 holders, $50.7bn |
| Q4 2022 | 8 holders, $323m | 54 holders, $59.4bn |
| Q1 2023 | 9 holders, $320m | 55 holders, $64.0bn |
| Q2 2023 | 7 holders, $284m | 54 holders, $65.2bn |
| Q3 2023 | 7 holders, $285m | 55 holders, $61.5bn |
| Q4 2023 | 6 holders, $292m | 48 holders, $68.6bn |
| Q1 2024 | 6 holders, $355m | 50 holders, $73.1bn |
| Q2 2024 | 9 holders, $509m | 45 holders, $69.5bn |
| Q3 2024 | 10 holders, $695m | 47 holders, $70.5bn |
| Q4 2024 | 9 holders, $707m | 48 holders, $77.6bn |
| Q1 2025 | 10 holders, $887m | 43 holders, $83.5bn |
| Q2 2025 | 10 holders, $984m | 45 holders, $83.4bn |
| Q3 2025 | 12 holders, $1.1bn | 48 holders, $82.8bn |
| Q4 2025 | 9 holders, $1.0bn | 49 holders, $86.0bn |
| Q1 2026 | 8 holders, $801m | 49 holders, $73.3bn |
| Q2 2026 | 8 holders, $1.1bn | 52 holders, $81.9bn |
Hanover Ins Group Inc
- Holders
- 10
- Reported value
- $887m
- Buyers
- 8
- Sellers
- 2
Breadth +6 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)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Bridgewater Associates LP, Janus Henderson Group Ltd, Markel Group Inc, MFS Investment Management, T. Rowe Price Associates Inc, Woodline Partners LP
Only THG (1)
Only V (34)
Akre Capital Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Balyasny Asset Management LLC, Berkshire Hathaway Inc, Capital Research Global Investors, Capital World Investors, Caxton Associates LLP, D. E. Shaw & Co., Dodge & Cox, Egerton Capital UK LLP, Element Capital Management LLC, Farallon Capital Management LLC, Fidelity (FMR LLC), GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Invesco Ltd, Man Group PLC, Marshall Wace LLP, Moore Capital Management LP, Neuberger Berman Group LLC, Polen Capital Management LLC, Renaissance Technologies LLC, Soroban Capital Partners LP, 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.