Holders over time
- TNET
- MA
| Quarter | TNET | MA |
|---|---|---|
| Q3 2020 | 6 holders, $413m | 45 holders, $56.1bn |
| Q4 2020 | 6 holders, $618m | 52 holders, $57.9bn |
| Q1 2021 | 5 holders, $576m | 50 holders, $56.4bn |
| Q2 2021 | 5 holders, $512m | 50 holders, $54.9bn |
| Q3 2021 | 7 holders, $571m | 50 holders, $48.9bn |
| Q4 2021 | 10 holders, $588m | 42 holders, $49.3bn |
| Q1 2022 | 10 holders, $667m | 38 holders, $50.1bn |
| Q2 2022 | 8 holders, $483m | 48 holders, $45.4bn |
| Q3 2022 | 12 holders, $454m | 53 holders, $40.8bn |
| Q4 2022 | 7 holders, $379m | 37 holders, $65.6bn |
| Q1 2023 | 5 holders, $486m | 45 holders, $50.3bn |
| Q2 2023 | 4 holders, $497m | 47 holders, $51.2bn |
| Q3 2023 | 5 holders, $528m | 52 holders, $49.7bn |
| Q4 2023 | 6 holders, $536m | 46 holders, $51.7bn |
| Q1 2024 | 9 holders, $551m | 48 holders, $58.0bn |
| Q2 2024 | 7 holders, $307m | 49 holders, $51.2bn |
| Q3 2024 | 8 holders, $506m | 43 holders, $55.8bn |
| Q4 2024 | 5 holders, $597m | 43 holders, $58.3bn |
| Q1 2025 | 6 holders, $384m | 49 holders, $64.7bn |
| Q2 2025 | 4 holders, $309m | 50 holders, $68.3bn |
| Q3 2025 | 7 holders, $248m | 44 holders, $68.1bn |
| Q4 2025 | 7 holders, $207m | 43 holders, $65.6bn |
| Q1 2026 | 3 holders, $20m | 46 holders, $57.4bn |
| Q2 2026 | 2 holders, $18m | 43 holders, $58.1bn |
Trinet Group Inc
- Holders
- 6
- Reported value
- $384m
- Buyers
- 6
- Sellers
- 1
Breadth +5 among 95 comparable managers.
Mastercard Incorporated
- Holders
- 49
- Reported value
- $64.7bn
- Buyers
- 30
- Sellers
- 18
Breadth +12 among 95 comparable managers.
Who holds both, Q1 2025
Both (4)
MFS Investment Management, Quantbot Technologies LP, Voloridge Investment Management LLC, Wellington Management Group LLP
Only TNET (2)
Only MA (45)
Acadian Asset Management LLC, Akre Capital Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Baillie Gifford & Co, Balyasny Asset Management LLC, Berkshire Hathaway Inc, Brevan Howard Capital Management LP, Bridgewater Associates LP, Capital Research Global Investors, Capital World Investors, Caxton Associates LLP, Citadel Advisors LLC, D. E. Shaw & Co., Davidson Kempner Capital Management LP, Egerton Capital UK LLP, ExodusPoint Capital Management LP, Farallon Capital Management LLC, Fidelity (FMR LLC), Freestone Grove Partners LP, GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, and 20 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.