Holders over time
- NDAQ
- V
| Quarter | NDAQ | V |
|---|---|---|
| Q3 2020 | 11 holders, $3.4bn | 55 holders, $62.2bn |
| Q4 2020 | 14 holders, $3.7bn | 52 holders, $67.1bn |
| Q1 2021 | 10 holders, $4.0bn | 58 holders, $64.5bn |
| Q2 2021 | 11 holders, $4.9bn | 52 holders, $69.3bn |
| Q3 2021 | 10 holders, $5.0bn | 56 holders, $63.6bn |
| Q4 2021 | 14 holders, $5.4bn | 47 holders, $58.0bn |
| Q1 2022 | 15 holders, $4.6bn | 59 holders, $61.8bn |
| Q2 2022 | 14 holders, $4.3bn | 57 holders, $55.2bn |
| Q3 2022 | 14 holders, $4.7bn | 57 holders, $50.7bn |
| Q4 2022 | 16 holders, $5.1bn | 54 holders, $59.4bn |
| Q1 2023 | 19 holders, $4.1bn | 55 holders, $64.0bn |
| Q2 2023 | 17 holders, $2.8bn | 54 holders, $65.2bn |
| Q3 2023 | 20 holders, $2.8bn | 55 holders, $61.5bn |
| Q4 2023 | 17 holders, $3.4bn | 48 holders, $68.6bn |
| Q1 2024 | 25 holders, $4.4bn | 50 holders, $73.1bn |
| Q2 2024 | 15 holders, $3.9bn | 45 holders, $69.5bn |
| Q3 2024 | 21 holders, $6.6bn | 47 holders, $70.5bn |
| Q4 2024 | 24 holders, $6.8bn | 48 holders, $77.6bn |
| Q1 2025 | 22 holders, $6.6bn | 43 holders, $83.5bn |
| Q2 2025 | 29 holders, $10.0bn | 45 holders, $83.4bn |
| Q3 2025 | 23 holders, $8.7bn | 48 holders, $82.8bn |
| Q4 2025 | 22 holders, $9.2bn | 49 holders, $86.0bn |
| Q1 2026 | 18 holders, $7.7bn | 49 holders, $73.3bn |
| Q2 2026 | 15 holders, $5.8bn | 52 holders, $81.9bn |
Nasdaq Inc
- Holders
- 29
- Reported value
- $10.0bn
- Buyers
- 21
- Sellers
- 9
Breadth +12 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 (22)
AQR Capital Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Balyasny Asset Management LLC, Brevan Howard Capital Management LP, Capital World Investors, D. E. Shaw & Co., Farallon Capital Management LLC, Harris Associates LP, Holocene Advisors LP, Invesco Ltd, Jane Street Group LLC, Man Group PLC, MFS Investment Management, Moore Capital Management LP, Neuberger Berman Group LLC, Renaissance Technologies LLC, Schonfeld Strategic Advisors LLC, Two Sigma Advisers LP, Two Sigma Investments LP, Walleye Capital LLC, Wellington Management Group LLP
Only NDAQ (7)
Citadel Advisors LLC, Freestone Grove Partners LP, Hudson Bay Capital Management LP, Millennium Management LLC, Quantbot Technologies LP, Verition Fund Management LLC, Voloridge Investment Management LLC
Only V (23)
Acadian Asset Management LLC, Akre Capital Management LLC, AllianceBernstein LP, Berkshire Hathaway Inc, Bridgewater Associates LP, Capital Research Global Investors, Caxton Associates LLP, Dodge & Cox, Egerton Capital UK LLP, Eisler Capital Management Ltd, ExodusPoint Capital Management LP, Fidelity (FMR LLC), GAMCO Investors Inc, Janus Henderson Group Ltd, Markel Group Inc, Polen Capital Management LLC, Soroban Capital Partners LP, Squarepoint Ops LLC, T. Rowe Price Associates Inc, TCI Fund Management Ltd, ValueAct Holdings LP, Viking Global Investors LP, 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.