Holders over time
- EXLS
- MCO
| Quarter | EXLS | MCO |
|---|---|---|
| Q3 2020 | 3 holders, $170m | 30 holders, $17.0bn |
| Q4 2020 | 3 holders, $222m | 21 holders, $16.9bn |
| Q1 2021 | 3 holders, $244m | 17 holders, $16.9bn |
| Q2 2021 | 4 holders, $294m | 16 holders, $20.2bn |
| Q3 2021 | 5 holders, $316m | 25 holders, $19.9bn |
| Q4 2021 | 5 holders, $143m | 25 holders, $22.0bn |
| Q1 2022 | 7 holders, $146m | 22 holders, $19.1bn |
| Q2 2022 | 5 holders, $614m | 19 holders, $15.4bn |
| Q3 2022 | 5 holders, $761m | 21 holders, $13.6bn |
| Q4 2022 | 8 holders, $1.0bn | 17 holders, $15.5bn |
| Q1 2023 | 6 holders, $615m | 20 holders, $17.3bn |
| Q2 2023 | 9 holders, $427m | 25 holders, $19.4bn |
| Q3 2023 | 8 holders, $376m | 21 holders, $17.2bn |
| Q4 2023 | 7 holders, $136m | 21 holders, $22.3bn |
| Q1 2024 | 8 holders, $123m | 22 holders, $21.9bn |
| Q2 2024 | 8 holders, $145m | 24 holders, $23.6bn |
| Q3 2024 | 5 holders, $81m | 31 holders, $26.8bn |
| Q4 2024 | 5 holders, $43m | 31 holders, $25.7bn |
| Q1 2025 | 4 holders, $35m | 30 holders, $25.2bn |
| Q2 2025 | 10 holders, $293m | 30 holders, $26.8bn |
| Q3 2025 | 9 holders, $409m | 31 holders, $26.0bn |
| Q4 2025 | 11 holders, $1.1bn | 32 holders, $27.7bn |
| Q1 2026 | 7 holders, $580m | 28 holders, $23.9bn |
| Q2 2026 | 7 holders, $321m | 31 holders, $24.9bn |
Exlservice HLDGS Inc
- Holders
- 9
- Reported value
- $409m
- Buyers
- 8
- Sellers
- 2
Breadth +6 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 EXLS (5)
AQR Capital Management LLC, Bridgewater Associates LP, Quantbot Technologies LP, Tudor Investment Corp, Voloridge Investment Management LLC
Only MCO (27)
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, Janus Henderson Group Ltd, Markel Group Inc, Marshall Wace LLP, MFS Investment Management, Moore Capital Management LP, Neuberger Berman Group LLC, Point72 Asset Management LP, Schonfeld Strategic Advisors LLC, T. Rowe Price Associates Inc, TCI Fund Management Ltd, and 2 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.