Holders over time
- TRU
- MCO
| Quarter | TRU | MCO |
|---|---|---|
| Q3 2020 | 21 holders, $5.0bn | 30 holders, $17.0bn |
| Q4 2020 | 18 holders, $5.1bn | 21 holders, $16.9bn |
| Q1 2021 | 17 holders, $4.9bn | 17 holders, $16.9bn |
| Q2 2021 | 18 holders, $5.9bn | 16 holders, $20.2bn |
| Q3 2021 | 21 holders, $6.1bn | 25 holders, $19.9bn |
| Q4 2021 | 18 holders, $6.8bn | 25 holders, $22.0bn |
| Q1 2022 | 17 holders, $6.0bn | 22 holders, $19.1bn |
| Q2 2022 | 13 holders, $4.9bn | 19 holders, $15.4bn |
| Q3 2022 | 16 holders, $2.3bn | 21 holders, $13.6bn |
| Q4 2022 | 16 holders, $2.6bn | 17 holders, $15.5bn |
| Q1 2023 | 14 holders, $2.3bn | 20 holders, $17.3bn |
| Q2 2023 | 15 holders, $3.5bn | 25 holders, $19.4bn |
| Q3 2023 | 14 holders, $3.1bn | 21 holders, $17.2bn |
| Q4 2023 | 13 holders, $2.4bn | 21 holders, $22.3bn |
| Q1 2024 | 15 holders, $3.5bn | 22 holders, $21.9bn |
| Q2 2024 | 17 holders, $3.3bn | 24 holders, $23.6bn |
| Q3 2024 | 21 holders, $5.5bn | 31 holders, $26.8bn |
| Q4 2024 | 24 holders, $4.8bn | 31 holders, $25.7bn |
| Q1 2025 | 20 holders, $4.3bn | 30 holders, $25.2bn |
| Q2 2025 | 17 holders, $4.5bn | 30 holders, $26.8bn |
| Q3 2025 | 13 holders, $3.7bn | 31 holders, $26.0bn |
| Q4 2025 | 13 holders, $3.8bn | 32 holders, $27.7bn |
| Q1 2026 | 13 holders, $4.9bn | 28 holders, $23.9bn |
| Q2 2026 | 13 holders, $5.4bn | 31 holders, $24.9bn |
Transunion
- Holders
- 17
- Reported value
- $4.5bn
- Buyers
- 9
- Sellers
- 9
Breadth 0 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 (9)
Holocene Advisors LP, Janus Henderson Group Ltd, Markel Group Inc, Marshall Wace LLP, MFS Investment Management, Moore Capital Management LP, Neuberger Berman Group LLC, Schonfeld Strategic Advisors LLC, Woodline Partners LP
Only TRU (8)
Balyasny Asset Management LLC, Citadel Advisors LLC, ExodusPoint Capital Management LP, Farallon Capital Management LLC, Millennium Management LLC, PDT Partners LLC, Steadfast Capital Management LP, Wellington Management Group LLP
Only MCO (21)
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, Hudson Bay Capital Management LP, Invesco Ltd, Man Group PLC, Maverick Capital Ltd, Quantbot Technologies LP, T. Rowe Price Associates Inc, TCI Fund Management Ltd, Voloridge Investment Management LLC
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.