Holders over time
- USB
- WFC
| Quarter | USB | WFC |
|---|---|---|
| Q3 2020 | 22 holders, $8.2bn | 34 holders, $15.9bn |
| Q4 2020 | 23 holders, $10.7bn | 33 holders, $19.5bn |
| Q1 2021 | 17 holders, $11.2bn | 31 holders, $23.4bn |
| Q2 2021 | 16 holders, $11.1bn | 33 holders, $28.0bn |
| Q3 2021 | 17 holders, $11.5bn | 28 holders, $27.7bn |
| Q4 2021 | 16 holders, $10.6bn | 32 holders, $28.6bn |
| Q1 2022 | 16 holders, $9.9bn | 37 holders, $28.8bn |
| Q2 2022 | 22 holders, $8.5bn | 32 holders, $24.1bn |
| Q3 2022 | 28 holders, $6.5bn | 28 holders, $25.5bn |
| Q4 2022 | 28 holders, $5.7bn | 33 holders, $25.2bn |
| Q1 2023 | 23 holders, $4.6bn | 34 holders, $21.5bn |
| Q2 2023 | 22 holders, $4.0bn | 29 holders, $23.4bn |
| Q3 2023 | 12 holders, $3.1bn | 30 holders, $22.9bn |
| Q4 2023 | 11 holders, $4.5bn | 32 holders, $27.2bn |
| Q1 2024 | 15 holders, $5.2bn | 27 holders, $33.6bn |
| Q2 2024 | 18 holders, $5.1bn | 37 holders, $34.1bn |
| Q3 2024 | 20 holders, $6.9bn | 35 holders, $32.0bn |
| Q4 2024 | 18 holders, $7.0bn | 42 holders, $38.9bn |
| Q1 2025 | 30 holders, $7.7bn | 39 holders, $38.2bn |
| Q2 2025 | 25 holders, $7.7bn | 33 holders, $41.6bn |
| Q3 2025 | 23 holders, $7.5bn | 29 holders, $41.5bn |
| Q4 2025 | 21 holders, $8.0bn | 29 holders, $43.6bn |
| Q1 2026 | 20 holders, $7.7bn | 34 holders, $36.8bn |
| Q2 2026 | 21 holders, $8.7bn | 41 holders, $38.2bn |
US Bancorp
- Holders
- 30
- Reported value
- $7.7bn
- Buyers
- 26
- Sellers
- 4
Breadth +22 among 95 comparable managers.
Wells Fargo & Co
- Holders
- 39
- Reported value
- $38.2bn
- Buyers
- 22
- Sellers
- 19
Breadth +3 among 95 comparable managers.
Who holds both, Q1 2025
Both (21)
AllianceBernstein LP, Artisan Partners LP, Brevan Howard Capital Management LP, Bridgewater Associates LP, Capital Research Global Investors, Fidelity (FMR LLC), Freestone Grove Partners LP, Invesco Ltd, Jane Street Group LLC, Janus Henderson Group Ltd, Man Group PLC, Marshall Wace LLP, Millennium Management LLC, Rokos Capital Management LLP, Schonfeld Strategic Advisors LLC, T. Rowe Price Associates Inc, Tudor Investment Corp, Two Sigma Advisers LP, Walleye Capital LLC, Winton Group Ltd, Woodline Partners LP
Only USB (9)
Caxton Associates LLP, ExodusPoint Capital Management LP, First Eagle Investment Management LLC, Quantbot Technologies LP, Renaissance Technologies LLC, Squarepoint Ops LLC, Two Sigma Investments LP, Verition Fund Management LLC, Viking Global Investors LP
Only WFC (18)
Acadian Asset Management LLC, AQR Capital Management LLC, Balyasny Asset Management LLC, Capital World Investors, Citadel Advisors LLC, D. E. Shaw & Co., Dodge & Cox, Eisler Capital Management Ltd, GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Hudson Bay Capital Management LP, Markel Group Inc, MFS Investment Management, Moore Capital Management LP, Neuberger Berman Group LLC, Point72 Asset Management LP, Wellington Management Group LLP
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.