Holders over time
- PAYX
- V
| Quarter | PAYX | V |
|---|---|---|
| Q3 2020 | 11 holders, $605m | 55 holders, $62.2bn |
| Q4 2020 | 10 holders, $561m | 52 holders, $67.1bn |
| Q1 2021 | 7 holders, $515m | 58 holders, $64.5bn |
| Q2 2021 | 9 holders, $863m | 52 holders, $69.3bn |
| Q3 2021 | 18 holders, $1.2bn | 56 holders, $63.6bn |
| Q4 2021 | 17 holders, $1.4bn | 47 holders, $58.0bn |
| Q1 2022 | 15 holders, $1.4bn | 59 holders, $61.8bn |
| Q2 2022 | 18 holders, $1.4bn | 57 holders, $55.2bn |
| Q3 2022 | 25 holders, $1.4bn | 57 holders, $50.7bn |
| Q4 2022 | 20 holders, $1.4bn | 54 holders, $59.4bn |
| Q1 2023 | 21 holders, $1.9bn | 55 holders, $64.0bn |
| Q2 2023 | 23 holders, $1.9bn | 54 holders, $65.2bn |
| Q3 2023 | 19 holders, $1.6bn | 55 holders, $61.5bn |
| Q4 2023 | 17 holders, $1.6bn | 48 holders, $68.6bn |
| Q1 2024 | 15 holders, $1.1bn | 50 holders, $73.1bn |
| Q2 2024 | 10 holders, $1.2bn | 45 holders, $69.5bn |
| Q3 2024 | 9 holders, $1.3bn | 47 holders, $70.5bn |
| Q4 2024 | 9 holders, $1.4bn | 48 holders, $77.6bn |
| Q1 2025 | 10 holders, $1.5bn | 43 holders, $83.5bn |
| Q2 2025 | 14 holders, $1.6bn | 45 holders, $83.4bn |
| Q3 2025 | 19 holders, $1.5bn | 48 holders, $82.8bn |
| Q4 2025 | 12 holders, $2.1bn | 49 holders, $86.0bn |
| Q1 2026 | 14 holders, $2.0bn | 49 holders, $73.3bn |
| Q2 2026 | 10 holders, $1.9bn | 52 holders, $81.9bn |
Paychex Inc
- Holders
- 19
- Reported value
- $1.5bn
- Buyers
- 10
- Sellers
- 8
Breadth +2 among 95 comparable managers.
Visa Inc
- Holders
- 48
- Reported value
- $82.8bn
- Buyers
- 31
- Sellers
- 14
Breadth +17 among 95 comparable managers.
Who holds both, Q3 2025
Both (14)
AllianceBernstein LP, Capital Research Global Investors, Capital World Investors, Caxton Associates LLP, Element Capital Management LLC, ExodusPoint Capital Management LP, Holocene Advisors LP, Invesco Ltd, Man Group PLC, Markel Group Inc, Millennium Management LLC, Neuberger Berman Group LLC, Quantbot Technologies LP, Woodline Partners LP
Only PAYX (5)
Baillie Gifford & Co, Marshall Wace LLP, Renaissance Technologies LLC, Tudor Investment Corp, Voloridge Investment Management LLC
Only V (34)
Acadian Asset Management LLC, Akre Capital Management LLC, AQR Capital Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Balyasny Asset Management LLC, Berkshire Hathaway Inc, Brevan Howard Capital Management LP, Bridgewater Associates LP, Citadel Advisors LLC, D. E. Shaw & Co., Dodge & Cox, Egerton Capital UK LLP, Eisler Capital Management Ltd, Farallon Capital Management LLC, Fidelity (FMR LLC), Freestone Grove Partners LP, GAMCO Investors Inc, Harris Associates LP, Janus Henderson Group Ltd, MFS Investment Management, Moore Capital Management LP, Polen Capital Management LLC, Schonfeld Strategic Advisors LLC, Soroban Capital Partners LP, and 9 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.