Holders over time
- WTW
- AXP
| Quarter | WTW | AXP |
|---|---|---|
| Q3 2020 | 26 holders, $5.6bn | 24 holders, $25.7bn |
| Q4 2020 | 28 holders, $4.7bn | 21 holders, $30.8bn |
| Q1 2021 | 26 holders, $5.6bn | 24 holders, $36.9bn |
| Q2 2021 | 24 holders, $5.1bn | 21 holders, $42.9bn |
| Q3 2021 | 24 holders, $4.8bn | 26 holders, $42.0bn |
| Q4 2021 | 25 holders, $5.5bn | 27 holders, $39.7bn |
| Q1 2022 | 22 holders, $6.5bn | 20 holders, $45.0bn |
| Q2 2022 | 21 holders, $6.0bn | 36 holders, $33.2bn |
| Q3 2022 | 19 holders, $6.3bn | 35 holders, $32.3bn |
| Q4 2022 | 18 holders, $7.6bn | 35 holders, $34.4bn |
| Q1 2023 | 22 holders, $7.4bn | 32 holders, $38.7bn |
| Q2 2023 | 15 holders, $7.4bn | 30 holders, $40.1bn |
| Q3 2023 | 18 holders, $6.8bn | 34 holders, $34.1bn |
| Q4 2023 | 22 holders, $7.8bn | 28 holders, $42.5bn |
| Q1 2024 | 22 holders, $8.6bn | 33 holders, $52.6bn |
| Q2 2024 | 22 holders, $8.1bn | 31 holders, $52.6bn |
| Q3 2024 | 24 holders, $8.7bn | 30 holders, $60.7bn |
| Q4 2024 | 20 holders, $9.2bn | 26 holders, $65.8bn |
| Q1 2025 | 20 holders, $10.0bn | 33 holders, $59.9bn |
| Q2 2025 | 22 holders, $9.6bn | 29 holders, $69.4bn |
| Q3 2025 | 16 holders, $11.4bn | 30 holders, $70.8bn |
| Q4 2025 | 15 holders, $11.5bn | 31 holders, $77.2bn |
| Q1 2026 | 21 holders, $11.7bn | 33 holders, $61.2bn |
| Q2 2026 | 13 holders, $10.3bn | 30 holders, $65.4bn |
Willis Towers Watson Pub LTD
- Holders
- 22
- Reported value
- $9.6bn
- Buyers
- 14
- Sellers
- 9
Breadth +5 among 95 comparable managers.
American Express Co
- Holders
- 29
- Reported value
- $69.4bn
- Buyers
- 11
- Sellers
- 15
Breadth -4 among 95 comparable managers.
Who holds both, Q2 2025
Both (14)
AllianceBernstein LP, AQR Capital Management LLC, Artisan Partners LP, Dodge & Cox, Fidelity (FMR LLC), First Eagle Investment Management LLC, Harris Associates LP, Invesco Ltd, Janus Henderson Group Ltd, Man Group PLC, Markel Group Inc, MFS Investment Management, T. Rowe Price Associates Inc, Wellington Management Group LLP
Only WTW (8)
Baupost Group LLC, Bridgewater Associates LP, Point72 Asset Management LP, Polen Capital Management LLC, Quantbot Technologies LP, Renaissance Technologies LLC, Schonfeld Strategic Advisors LLC, Voloridge Investment Management LLC
Only AXP (15)
Arrowstreet Capital LP, Berkshire Hathaway Inc, Brevan Howard Capital Management LP, Capital Research Global Investors, Capital World Investors, D. E. Shaw & Co., GAMCO Investors Inc, Holocene Advisors LP, Hudson Bay Capital Management LP, Neuberger Berman Group LLC, PDT Partners LLC, Ruane Cunniff & Goldfarb LP, Squarepoint Ops LLC, Winton Group 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.