Holders over time
- WU
- MCO
| Quarter | WU | MCO |
|---|---|---|
| Q3 2020 | 15 holders, $1.7bn | 30 holders, $17.0bn |
| Q4 2020 | 14 holders, $1.6bn | 21 holders, $16.9bn |
| Q1 2021 | 10 holders, $1.3bn | 17 holders, $16.9bn |
| Q2 2021 | 10 holders, $1.3bn | 16 holders, $20.2bn |
| Q3 2021 | 11 holders, $702m | 25 holders, $19.9bn |
| Q4 2021 | 8 holders, $518m | 25 holders, $22.0bn |
| Q1 2022 | 9 holders, $659m | 22 holders, $19.1bn |
| Q2 2022 | 10 holders, $642m | 19 holders, $15.4bn |
| Q3 2022 | 11 holders, $448m | 21 holders, $13.6bn |
| Q4 2022 | 9 holders, $463m | 17 holders, $15.5bn |
| Q1 2023 | 11 holders, $581m | 20 holders, $17.3bn |
| Q2 2023 | 13 holders, $640m | 25 holders, $19.4bn |
| Q3 2023 | 12 holders, $792m | 21 holders, $17.2bn |
| Q4 2023 | 9 holders, $499m | 21 holders, $22.3bn |
| Q1 2024 | 7 holders, $677m | 22 holders, $21.9bn |
| Q2 2024 | 6 holders, $688m | 24 holders, $23.6bn |
| Q3 2024 | 8 holders, $521m | 31 holders, $26.8bn |
| Q4 2024 | 10 holders, $555m | 31 holders, $25.7bn |
| Q1 2025 | 11 holders, $621m | 30 holders, $25.2bn |
| Q2 2025 | 7 holders, $189m | 30 holders, $26.8bn |
| Q3 2025 | 5 holders, $156m | 31 holders, $26.0bn |
| Q4 2025 | 9 holders, $334m | 32 holders, $27.7bn |
| Q1 2026 | 3 holders, $169m | 28 holders, $23.9bn |
| Q2 2026 | 2 holders, $118m | 31 holders, $24.9bn |
Western Un Co
- Holders
- 11
- Reported value
- $621m
- Buyers
- 6
- Sellers
- 5
Breadth +1 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 (7)
Arrowstreet Capital LP, Brevan Howard Capital Management LP, Bridgewater Associates LP, T. Rowe Price Associates Inc, Two Sigma Advisers LP, Two Sigma Investments LP, Voloridge Investment Management LLC
Only WU (4)
AQR Capital Management LLC, Capital Research Global Investors, Quantbot Technologies LP, Winton Group Ltd
Only MCO (23)
Acadian Asset Management LLC, Akre Capital Management LLC, AllianceBernstein LP, Artisan Partners LP, Baillie Gifford & Co, Berkshire Hathaway Inc, Dodge & Cox, Eisler Capital Management Ltd, Fidelity (FMR LLC), GAMCO Investors Inc, Harris Associates LP, Invesco Ltd, Janus Henderson Group Ltd, Man Group PLC, Markel Group Inc, Maverick Capital Ltd, MFS Investment Management, Millennium Management LLC, Neuberger Berman Group LLC, Renaissance Technologies LLC, Schonfeld Strategic Advisors LLC, TCI Fund Management Ltd, 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.