Holders over time
- FISV
- MA
| Quarter | FISV | MA |
|---|---|---|
| Q3 2020 | 30 holders, $12.0bn | 45 holders, $56.1bn |
| Q4 2020 | 29 holders, $13.3bn | 52 holders, $57.9bn |
| Q1 2021 | 21 holders, $15.8bn | 50 holders, $56.4bn |
| Q2 2021 | 24 holders, $15.1bn | 50 holders, $54.9bn |
| Q3 2021 | 20 holders, $15.9bn | 50 holders, $48.9bn |
| Q4 2021 | 21 holders, $17.2bn | 42 holders, $49.3bn |
| Q1 2022 | 20 holders, $15.9bn | 38 holders, $50.1bn |
| Q2 2022 | 19 holders, $14.3bn | 48 holders, $45.4bn |
| Q3 2022 | 23 holders, $15.4bn | 53 holders, $40.8bn |
| Q4 2022 | 24 holders, $17.4bn | 37 holders, $65.6bn |
| Q1 2023 | 27 holders, $20.1bn | 45 holders, $50.3bn |
| Q2 2023 | 28 holders, $22.2bn | 47 holders, $51.2bn |
| Q3 2023 | 31 holders, $18.7bn | 52 holders, $49.7bn |
| Q4 2023 | 28 holders, $21.0bn | 46 holders, $51.7bn |
| Q1 2024 | 23 holders, $24.6bn | 48 holders, $58.0bn |
| Q2 2024 | 23 holders, $21.3bn | 49 holders, $51.2bn |
| Q3 2024 | 23 holders, $24.9bn | 43 holders, $55.8bn |
| Q4 2024 | 26 holders, $28.5bn | 43 holders, $58.3bn |
| Q1 2025 | 27 holders, $29.0bn | 49 holders, $64.7bn |
| Q2 2025 | 35 holders, $20.2bn | 50 holders, $68.3bn |
| Q3 2025 | 34 holders, $15.0bn | 44 holders, $68.1bn |
| Q4 2025 | 35 holders, $7.4bn | 43 holders, $65.6bn |
| Q1 2026 | 24 holders, $6.8bn | 46 holders, $57.4bn |
| Q2 2026 | 17 holders, $5.8bn | 43 holders, $58.1bn |
Fiserv Inc
- Holders
- 34
- Reported value
- $15.0bn
- Buyers
- 21
- Sellers
- 12
Breadth +9 among 95 comparable managers.
Mastercard Incorporated
- Holders
- 44
- Reported value
- $68.1bn
- Buyers
- 17
- Sellers
- 26
Breadth -9 among 95 comparable managers.
Who holds both, Q3 2025
Both (26)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Brevan Howard Capital Management LP, Bridgewater Associates LP, Capital Research Global Investors, Capital World Investors, D. E. Shaw & Co., Harris Associates LP, Holocene Advisors LP, Invesco Ltd, Man Group PLC, Marshall Wace LLP, MFS Investment Management, Millennium Management LLC, Neuberger Berman Group LLC, Renaissance Technologies LLC, Schonfeld Strategic Advisors LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Two Sigma Advisers LP, Two Sigma Investments LP, Voloridge Investment Management LLC, Winton Group Ltd
Only FISV (8)
Appaloosa LP, Baupost Group LLC, Discovery Capital Management LLC, Dodge & Cox, ExodusPoint Capital Management LP, Jane Street Group LLC, Quantbot Technologies LP, Tudor Investment Corp
Only MA (18)
Akre Capital Management LLC, Baillie Gifford & Co, Berkshire Hathaway Inc, Caxton Associates LLP, Davidson Kempner Capital Management LP, Egerton Capital UK LLP, Element Capital Management LLC, Farallon Capital Management LLC, Fidelity (FMR LLC), GAMCO Investors Inc, Janus Henderson Group Ltd, Markel Group Inc, Moore Capital Management LP, Polen Capital Management LLC, Soroban Capital Partners LP, Verition Fund Management LLC, Wellington Management Group LLP, 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.