Holders over time
- APG
- MCO
| Quarter | APG | MCO |
|---|---|---|
| Q3 2020 | 1 holders, $474m | 30 holders, $17.0bn |
| Q4 2020 | 1 holders, $605m | 21 holders, $16.9bn |
| Q1 2021 | 2 holders, $758m | 17 holders, $16.9bn |
| Q2 2021 | 2 holders, $772m | 16 holders, $20.2bn |
| Q3 2021 | 3 holders, $741m | 25 holders, $19.9bn |
| Q4 2021 | 3 holders, $953m | 25 holders, $22.0bn |
| Q1 2022 | 2 holders, $757m | 22 holders, $19.1bn |
| Q2 2022 | 1 holders, $504m | 19 holders, $15.4bn |
| Q3 2022 | 1 holders, $449m | 21 holders, $13.6bn |
| Q4 2022 | 3 holders, $651m | 17 holders, $15.5bn |
| Q1 2023 | 2 holders, $767m | 20 holders, $17.3bn |
| Q2 2023 | 4 holders, $953m | 25 holders, $19.4bn |
| Q3 2023 | 4 holders, $911m | 21 holders, $17.2bn |
| Q4 2023 | 5 holders, $1.4bn | 21 holders, $22.3bn |
| Q1 2024 | 8 holders, $2.0bn | 22 holders, $21.9bn |
| Q2 2024 | 12 holders, $2.2bn | 24 holders, $23.6bn |
| Q3 2024 | 11 holders, $1.9bn | 31 holders, $26.8bn |
| Q4 2024 | 14 holders, $2.5bn | 31 holders, $25.7bn |
| Q1 2025 | 12 holders, $2.6bn | 30 holders, $25.2bn |
| Q2 2025 | 13 holders, $3.5bn | 30 holders, $26.8bn |
| Q3 2025 | 13 holders, $3.1bn | 31 holders, $26.0bn |
| Q4 2025 | 14 holders, $3.5bn | 32 holders, $27.7bn |
| Q1 2026 | 16 holders, $3.2bn | 28 holders, $23.9bn |
| Q2 2026 | 15 holders, $3.9bn | 31 holders, $24.9bn |
Api Group Corp
- Holders
- 13
- Reported value
- $3.5bn
- Buyers
- 10
- Sellers
- 3
Breadth +7 among 95 comparable managers.
Moodys Corp
- Holders
- 30
- Reported value
- $26.8bn
- Buyers
- 14
- Sellers
- 13
Breadth +1 among 95 comparable managers.
Who holds both, Q2 2025
Both (5)
Janus Henderson Group Ltd, MFS Investment Management, Neuberger Berman Group LLC, T. Rowe Price Associates Inc, Voloridge Investment Management LLC
Only APG (8)
Artisan Partners LP, Capital Research Global Investors, Capital World Investors, Durable Capital Partners LP, Renaissance Technologies LLC, Tudor Investment Corp, Two Sigma Advisers LP, Viking Global Investors LP
Only MCO (25)
Acadian Asset Management LLC, Akre Capital Management LLC, AllianceBernstein LP, Arrowstreet Capital LP, Baillie Gifford & Co, Berkshire Hathaway Inc, Caxton Associates LLP, Dodge & Cox, Eisler Capital Management Ltd, Fidelity (FMR LLC), Freestone Grove Partners LP, GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Hudson Bay Capital Management LP, Invesco Ltd, Man Group PLC, Markel Group Inc, Marshall Wace LLP, Maverick Capital Ltd, Moore Capital Management LP, Quantbot Technologies LP, 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.