Holders over time
- APG
- MCO
| Quarter | APG | MCO |
|---|---|---|
| Q3 2020 | 1 holders, $474m | 30 holders, $17.0bn |
| Q4 2020 | 1 holders, $605m | 21 holders, $16.9bn |
| Q1 2021 | 2 holders, $758m | 17 holders, $16.9bn |
| Q2 2021 | 2 holders, $772m | 16 holders, $20.2bn |
| Q3 2021 | 3 holders, $741m | 25 holders, $19.9bn |
| Q4 2021 | 3 holders, $953m | 25 holders, $22.0bn |
| Q1 2022 | 2 holders, $757m | 22 holders, $19.1bn |
| Q2 2022 | 1 holders, $504m | 19 holders, $15.4bn |
| Q3 2022 | 1 holders, $449m | 21 holders, $13.6bn |
| Q4 2022 | 3 holders, $651m | 17 holders, $15.5bn |
| Q1 2023 | 2 holders, $767m | 20 holders, $17.3bn |
| Q2 2023 | 4 holders, $953m | 25 holders, $19.4bn |
| Q3 2023 | 4 holders, $911m | 21 holders, $17.2bn |
| Q4 2023 | 5 holders, $1.4bn | 21 holders, $22.3bn |
| Q1 2024 | 8 holders, $2.0bn | 22 holders, $21.9bn |
| Q2 2024 | 12 holders, $2.2bn | 24 holders, $23.6bn |
| Q3 2024 | 11 holders, $1.9bn | 31 holders, $26.8bn |
| Q4 2024 | 14 holders, $2.5bn | 31 holders, $25.7bn |
| Q1 2025 | 12 holders, $2.6bn | 30 holders, $25.2bn |
| Q2 2025 | 13 holders, $3.5bn | 30 holders, $26.8bn |
| Q3 2025 | 13 holders, $3.1bn | 31 holders, $26.0bn |
| Q4 2025 | 14 holders, $3.5bn | 32 holders, $27.7bn |
| Q1 2026 | 16 holders, $3.2bn | 28 holders, $23.9bn |
| Q2 2026 | 15 holders, $3.9bn | 31 holders, $24.9bn |
Api Group Corp
- Holders
- 13
- Reported value
- $3.1bn
- Buyers
- 12
- Sellers
- 1
Breadth +11 among 95 comparable managers.
Moodys Corp
- Holders
- 31
- Reported value
- $26.0bn
- Buyers
- 15
- Sellers
- 14
Breadth +1 among 95 comparable managers.
Who holds both, Q3 2025
Only APG (10)
Artisan Partners LP, Capital Research Global Investors, Capital World Investors, Caxton Associates LLP, D1 Capital Partners LP, Durable Capital Partners LP, Renaissance Technologies LLC, Tudor Investment Corp, Viking Global Investors LP, Voloridge Investment Management LLC
Only MCO (28)
Acadian Asset Management LLC, Akre Capital Management LLC, AllianceBernstein LP, Baillie Gifford & Co, Balyasny Asset Management LLC, Berkshire Hathaway Inc, Citadel Advisors LLC, Dodge & Cox, Fidelity (FMR LLC), Freestone Grove Partners LP, GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Hudson Bay Capital Management LP, Invesco Ltd, Man Group PLC, Markel Group Inc, Marshall Wace LLP, MFS Investment Management, Neuberger Berman Group LLC, Point72 Asset Management LP, Schonfeld Strategic Advisors LLC, Squarepoint Ops LLC, TCI Fund Management Ltd, Two Sigma Advisers 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.