Holders over time
- WTW
- V
| Quarter | WTW | V |
|---|---|---|
| Q3 2020 | 26 holders, $5.6bn | 55 holders, $62.2bn |
| Q4 2020 | 28 holders, $4.7bn | 52 holders, $67.1bn |
| Q1 2021 | 26 holders, $5.6bn | 58 holders, $64.5bn |
| Q2 2021 | 24 holders, $5.1bn | 52 holders, $69.3bn |
| Q3 2021 | 24 holders, $4.8bn | 56 holders, $63.6bn |
| Q4 2021 | 25 holders, $5.5bn | 47 holders, $58.0bn |
| Q1 2022 | 22 holders, $6.5bn | 59 holders, $61.8bn |
| Q2 2022 | 21 holders, $6.0bn | 57 holders, $55.2bn |
| Q3 2022 | 19 holders, $6.3bn | 57 holders, $50.7bn |
| Q4 2022 | 18 holders, $7.6bn | 54 holders, $59.4bn |
| Q1 2023 | 22 holders, $7.4bn | 55 holders, $64.0bn |
| Q2 2023 | 15 holders, $7.4bn | 54 holders, $65.2bn |
| Q3 2023 | 18 holders, $6.8bn | 55 holders, $61.5bn |
| Q4 2023 | 22 holders, $7.8bn | 48 holders, $68.6bn |
| Q1 2024 | 22 holders, $8.6bn | 50 holders, $73.1bn |
| Q2 2024 | 22 holders, $8.1bn | 45 holders, $69.5bn |
| Q3 2024 | 24 holders, $8.7bn | 47 holders, $70.5bn |
| Q4 2024 | 20 holders, $9.2bn | 48 holders, $77.6bn |
| Q1 2025 | 20 holders, $10.0bn | 43 holders, $83.5bn |
| Q2 2025 | 22 holders, $9.6bn | 45 holders, $83.4bn |
| Q3 2025 | 16 holders, $11.4bn | 48 holders, $82.8bn |
| Q4 2025 | 15 holders, $11.5bn | 49 holders, $86.0bn |
| Q1 2026 | 21 holders, $11.7bn | 49 holders, $73.3bn |
| Q2 2026 | 13 holders, $10.3bn | 52 holders, $81.9bn |
Willis Towers Watson Pub LTD
- Holders
- 22
- Reported value
- $9.6bn
- Buyers
- 14
- Sellers
- 9
Breadth +5 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 (17)
AllianceBernstein LP, AQR Capital Management LLC, Artisan Partners LP, Bridgewater Associates LP, Dodge & Cox, Fidelity (FMR LLC), Harris Associates LP, Invesco Ltd, Janus Henderson Group Ltd, Man Group PLC, Markel Group Inc, MFS Investment Management, Polen Capital Management LLC, Renaissance Technologies LLC, Schonfeld Strategic Advisors LLC, T. Rowe Price Associates Inc, Wellington Management Group LLP
Only WTW (5)
Baupost Group LLC, First Eagle Investment Management LLC, Point72 Asset Management LP, Quantbot Technologies LP, Voloridge Investment Management LLC
Only V (28)
Acadian Asset Management LLC, Akre Capital Management LLC, Arrowstreet Capital LP, Balyasny Asset Management LLC, Berkshire Hathaway Inc, Brevan Howard Capital Management LP, Capital Research Global Investors, Capital World Investors, Caxton Associates LLP, D. E. Shaw & Co., Egerton Capital UK LLP, Eisler Capital Management Ltd, ExodusPoint Capital Management LP, Farallon Capital Management LLC, GAMCO Investors Inc, Holocene Advisors LP, Jane Street Group LLC, Moore Capital Management LP, Neuberger Berman Group LLC, Soroban Capital Partners LP, Squarepoint Ops LLC, TCI Fund Management Ltd, Two Sigma Advisers LP, Two Sigma Investments LP, ValueAct Holdings LP, and 3 more
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.