Holders over time
- TPL
- MS
| Quarter | TPL | MS |
|---|---|---|
| Q3 2020 | none listed holders, n.a. | 34 holders, $8.9bn |
| Q4 2020 | none listed holders, n.a. | 28 holders, $15.5bn |
| Q1 2021 | 1 holders, $399k | 33 holders, $16.4bn |
| Q2 2021 | 3 holders, $50m | 27 holders, $18.8bn |
| Q3 2021 | 5 holders, $55m | 28 holders, $20.9bn |
| Q4 2021 | 4 holders, $44m | 27 holders, $18.2bn |
| Q1 2022 | 3 holders, $16m | 25 holders, $15.5bn |
| Q2 2022 | 4 holders, $129m | 27 holders, $13.1bn |
| Q3 2022 | 4 holders, $175m | 21 holders, $14.4bn |
| Q4 2022 | 3 holders, $170m | 22 holders, $15.1bn |
| Q1 2023 | 3 holders, $141m | 17 holders, $16.7bn |
| Q2 2023 | 5 holders, $94m | 23 holders, $15.1bn |
| Q3 2023 | 4 holders, $119m | 20 holders, $12.7bn |
| Q4 2023 | 3 holders, $103m | 21 holders, $13.1bn |
| Q1 2024 | 4 holders, $103m | 24 holders, $13.1bn |
| Q2 2024 | 5 holders, $99m | 24 holders, $13.6bn |
| Q3 2024 | 4 holders, $146m | 25 holders, $14.4bn |
| Q4 2024 | 8 holders, $568m | 25 holders, $17.7bn |
| Q1 2025 | 8 holders, $751m | 27 holders, $14.6bn |
| Q2 2025 | 7 holders, $472m | 26 holders, $17.4bn |
| Q3 2025 | 4 holders, $131m | 33 holders, $20.8bn |
| Q4 2025 | 2 holders, $5.1m | 33 holders, $22.3bn |
| Q1 2026 | 2 holders, $7.8m | 34 holders, $19.8bn |
| Q2 2026 | 2 holders, $7.4m | 32 holders, $25.5bn |
Texas Pacific Land Corporati
- Holders
- 7
- Reported value
- $472m
- Buyers
- 3
- Sellers
- 5
Breadth -2 among 95 comparable managers.
Morgan Stanley
- Holders
- 26
- Reported value
- $17.4bn
- Buyers
- 17
- Sellers
- 9
Breadth +8 among 95 comparable managers.
Who holds both, Q2 2025
Only MS (22)
Acadian Asset Management LLC, AllianceBernstein LP, Artisan Partners LP, Balyasny Asset Management LLC, Capital Research Global Investors, Capital World Investors, Citadel Advisors LLC, ExodusPoint Capital Management LP, Fidelity (FMR LLC), Freestone Grove Partners LP, Janus Henderson Group Ltd, Man Group PLC, Marshall Wace LLP, MFS Investment Management, Quantbot Technologies LP, Rokos Capital Management LLP, Schonfeld Strategic Advisors LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Two Sigma Investments LP, Wellington Management Group LLP, 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.