Holders over time
- AJG
- V
| Quarter | AJG | V |
|---|---|---|
| Q3 2020 | 15 holders, $2.2bn | 55 holders, $62.2bn |
| Q4 2020 | 7 holders, $3.5bn | 52 holders, $67.1bn |
| Q1 2021 | 11 holders, $3.7bn | 58 holders, $64.5bn |
| Q2 2021 | 16 holders, $4.5bn | 52 holders, $69.3bn |
| Q3 2021 | 19 holders, $4.8bn | 56 holders, $63.6bn |
| Q4 2021 | 18 holders, $5.3bn | 47 holders, $58.0bn |
| Q1 2022 | 17 holders, $5.1bn | 59 holders, $61.8bn |
| Q2 2022 | 10 holders, $4.9bn | 57 holders, $55.2bn |
| Q3 2022 | 16 holders, $5.2bn | 57 holders, $50.7bn |
| Q4 2022 | 17 holders, $5.8bn | 54 holders, $59.4bn |
| Q1 2023 | 17 holders, $5.6bn | 55 holders, $64.0bn |
| Q2 2023 | 14 holders, $6.1bn | 54 holders, $65.2bn |
| Q3 2023 | 14 holders, $6.7bn | 55 holders, $61.5bn |
| Q4 2023 | 12 holders, $6.2bn | 48 holders, $68.6bn |
| Q1 2024 | 14 holders, $6.7bn | 50 holders, $73.1bn |
| Q2 2024 | 12 holders, $7.5bn | 45 holders, $69.5bn |
| Q3 2024 | 14 holders, $8.3bn | 47 holders, $70.5bn |
| Q4 2024 | 33 holders, $12.4bn | 48 holders, $77.6bn |
| Q1 2025 | 21 holders, $14.2bn | 43 holders, $83.5bn |
| Q2 2025 | 22 holders, $13.2bn | 45 holders, $83.4bn |
| Q3 2025 | 16 holders, $11.5bn | 48 holders, $82.8bn |
| Q4 2025 | 14 holders, $10.4bn | 49 holders, $86.0bn |
| Q1 2026 | 17 holders, $10.7bn | 49 holders, $73.3bn |
| Q2 2026 | 16 holders, $11.6bn | 52 holders, $81.9bn |
Gallagher Arthur J & Co
- Holders
- 22
- Reported value
- $13.2bn
- Buyers
- 15
- Sellers
- 8
Breadth +7 among 95 comparable managers.
Visa Inc
- Holders
- 45
- Reported value
- $83.4bn
- Buyers
- 21
- Sellers
- 23
Breadth -2 among 95 comparable managers.
Who holds both, Q2 2025
Both (15)
AllianceBernstein LP, Balyasny Asset Management LLC, Brevan Howard Capital Management LP, Capital Research Global Investors, Capital World Investors, Fidelity (FMR LLC), GAMCO Investors Inc, Invesco Ltd, Janus Henderson Group Ltd, MFS Investment Management, Moore Capital Management LP, Renaissance Technologies LLC, Viking Global Investors LP, Wellington Management Group LLP, Woodline Partners LP
Only AJG (7)
Baillie Gifford & Co, Freestone Grove Partners LP, Hudson Bay Capital Management LP, Marshall Wace LLP, Millennium Management LLC, Quantbot Technologies LP, Winton Group Ltd
Only V (30)
Acadian Asset Management LLC, Akre Capital Management LLC, AQR Capital Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Berkshire Hathaway Inc, Bridgewater Associates LP, Caxton Associates LLP, D. E. Shaw & Co., Dodge & Cox, Egerton Capital UK LLP, Eisler Capital Management Ltd, ExodusPoint Capital Management LP, Farallon Capital Management LLC, Harris Associates LP, Holocene Advisors LP, Jane Street Group LLC, Man Group PLC, Markel Group Inc, Neuberger Berman Group LLC, Polen Capital Management LLC, Schonfeld Strategic Advisors LLC, Soroban Capital Partners LP, Squarepoint Ops LLC, T. Rowe Price Associates Inc, and 5 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.