Holders over time
- WTW
- V
| Quarter | WTW | V |
|---|---|---|
| Q3 2020 | 26 holders, $5.6bn | 55 holders, $62.2bn |
| Q4 2020 | 28 holders, $4.7bn | 52 holders, $67.1bn |
| Q1 2021 | 26 holders, $5.6bn | 58 holders, $64.5bn |
| Q2 2021 | 24 holders, $5.1bn | 52 holders, $69.3bn |
| Q3 2021 | 24 holders, $4.8bn | 56 holders, $63.6bn |
| Q4 2021 | 25 holders, $5.5bn | 47 holders, $58.0bn |
| Q1 2022 | 22 holders, $6.5bn | 59 holders, $61.8bn |
| Q2 2022 | 21 holders, $6.0bn | 57 holders, $55.2bn |
| Q3 2022 | 19 holders, $6.3bn | 57 holders, $50.7bn |
| Q4 2022 | 18 holders, $7.6bn | 54 holders, $59.4bn |
| Q1 2023 | 22 holders, $7.4bn | 55 holders, $64.0bn |
| Q2 2023 | 15 holders, $7.4bn | 54 holders, $65.2bn |
| Q3 2023 | 18 holders, $6.8bn | 55 holders, $61.5bn |
| Q4 2023 | 22 holders, $7.8bn | 48 holders, $68.6bn |
| Q1 2024 | 22 holders, $8.6bn | 50 holders, $73.1bn |
| Q2 2024 | 22 holders, $8.1bn | 45 holders, $69.5bn |
| Q3 2024 | 24 holders, $8.7bn | 47 holders, $70.5bn |
| Q4 2024 | 20 holders, $9.2bn | 48 holders, $77.6bn |
| Q1 2025 | 20 holders, $10.0bn | 43 holders, $83.5bn |
| Q2 2025 | 22 holders, $9.6bn | 45 holders, $83.4bn |
| Q3 2025 | 16 holders, $11.4bn | 48 holders, $82.8bn |
| Q4 2025 | 15 holders, $11.5bn | 49 holders, $86.0bn |
| Q1 2026 | 21 holders, $11.7bn | 49 holders, $73.3bn |
| Q2 2026 | 13 holders, $10.3bn | 52 holders, $81.9bn |
Willis Towers Watson Pub LTD
- Holders
- 20
- Reported value
- $10.0bn
- Buyers
- 8
- Sellers
- 11
Breadth -3 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 (17)
Acadian Asset Management LLC, AllianceBernstein LP, Artisan Partners LP, Balyasny Asset Management LLC, Bridgewater Associates LP, Capital Research Global Investors, Fidelity (FMR LLC), Harris Associates LP, Invesco Ltd, Janus Henderson Group Ltd, Man Group PLC, Markel Group Inc, MFS Investment Management, Polen Capital Management LLC, Renaissance Technologies LLC, Wellington Management Group LLP, Woodline Partners LP
Only WTW (3)
Baupost Group LLC, First Eagle Investment Management LLC, Schonfeld Strategic Advisors LLC
Only V (26)
Akre Capital Management LLC, AQR Capital Management LLC, Arrowstreet Capital LP, Berkshire Hathaway Inc, Capital World Investors, Caxton Associates LLP, D. E. Shaw & Co., Dodge & Cox, Egerton Capital UK LLP, Element Capital Management LLC, Farallon Capital Management LLC, GAMCO Investors Inc, Holocene Advisors LP, Marshall Wace LLP, Moore Capital Management LP, Neuberger Berman Group LLC, Soroban Capital Partners LP, Squarepoint Ops LLC, T. Rowe Price Associates Inc, TCI Fund Management Ltd, Two Sigma Advisers LP, ValueAct Holdings LP, Verition Fund Management LLC, Viking Global Investors LP, Voloridge Investment Management LLC, and 1 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.