Holders over time
- APD
- HWM
| Quarter | APD | HWM |
|---|---|---|
| Q3 2020 | 22 holders, $4.8bn | 12 holders, $1.6bn |
| Q4 2020 | 29 holders, $3.6bn | 21 holders, $3.0bn |
| Q1 2021 | 22 holders, $3.1bn | 18 holders, $3.2bn |
| Q2 2021 | 23 holders, $3.0bn | 19 holders, $3.8bn |
| Q3 2021 | 21 holders, $2.5bn | 18 holders, $3.4bn |
| Q4 2021 | 24 holders, $4.2bn | 15 holders, $3.7bn |
| Q1 2022 | 26 holders, $3.1bn | 12 holders, $3.6bn |
| Q2 2022 | 20 holders, $2.3bn | 15 holders, $3.2bn |
| Q3 2022 | 18 holders, $2.1bn | 20 holders, $3.1bn |
| Q4 2022 | 19 holders, $3.8bn | 19 holders, $4.4bn |
| Q1 2023 | 27 holders, $3.9bn | 23 holders, $4.7bn |
| Q2 2023 | 23 holders, $3.7bn | 25 holders, $5.2bn |
| Q3 2023 | 23 holders, $3.8bn | 26 holders, $4.3bn |
| Q4 2023 | 18 holders, $3.9bn | 22 holders, $5.0bn |
| Q1 2024 | 17 holders, $4.5bn | 22 holders, $6.1bn |
| Q2 2024 | 13 holders, $5.7bn | 23 holders, $7.1bn |
| Q3 2024 | 14 holders, $8.6bn | 25 holders, $8.7bn |
| Q4 2024 | 13 holders, $7.8bn | 21 holders, $9.0bn |
| Q1 2025 | 11 holders, $8.4bn | 23 holders, $10.0bn |
| Q2 2025 | 13 holders, $7.7bn | 22 holders, $13.2bn |
| Q3 2025 | 10 holders, $8.0bn | 23 holders, $13.4bn |
| Q4 2025 | 11 holders, $7.3bn | 26 holders, $13.6bn |
| Q1 2026 | 15 holders, $9.2bn | 35 holders, $15.6bn |
| Q2 2026 | 15 holders, $9.0bn | 37 holders, $17.3bn |
Air Products and Chemicals I
- Holders
- 13
- Reported value
- $7.7bn
- Buyers
- 8
- Sellers
- 3
Breadth +5 among 95 comparable managers.
Howmet Aerospace Inc
- Holders
- 22
- Reported value
- $13.2bn
- Buyers
- 7
- Sellers
- 15
Breadth -8 among 95 comparable managers.
Who holds both, Q2 2025
Both (5)
Capital Research Global Investors, Capital World Investors, Invesco Ltd, MFS Investment Management, Neuberger Berman Group LLC
Only APD (8)
Citadel Advisors LLC, Dodge & Cox, ExodusPoint Capital Management LP, Hudson Bay Capital Management LP, Markel Group Inc, Marshall Wace LLP, Viking Global Investors LP, Woodline Partners LP
Only HWM (17)
AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Balyasny Asset Management LLC, Caxton Associates LLP, Fidelity (FMR LLC), Freestone Grove Partners LP, GAMCO Investors Inc, Holocene Advisors LP, Janus Henderson Group Ltd, PDT Partners LLC, Renaissance Technologies LLC, Schonfeld Strategic Advisors LLC, T. Rowe Price Associates Inc, Wellington Management Group LLP, Winton Group Ltd
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.