Holders over time
- STZ
- PM
| Quarter | STZ | PM |
|---|---|---|
| Q3 2020 | 22 holders, $6.2bn | 25 holders, $19.7bn |
| Q4 2020 | 23 holders, $7.1bn | 25 holders, $21.5bn |
| Q1 2021 | 23 holders, $7.4bn | 27 holders, $22.1bn |
| Q2 2021 | 22 holders, $7.4bn | 20 holders, $23.2bn |
| Q3 2021 | 23 holders, $6.5bn | 25 holders, $22.8bn |
| Q4 2021 | 20 holders, $8.0bn | 26 holders, $22.3bn |
| Q1 2022 | 20 holders, $7.6bn | 29 holders, $23.2bn |
| Q2 2022 | 26 holders, $7.2bn | 28 holders, $25.8bn |
| Q3 2022 | 22 holders, $7.3bn | 33 holders, $22.2bn |
| Q4 2022 | 25 holders, $8.0bn | 26 holders, $27.0bn |
| Q1 2023 | 20 holders, $8.1bn | 36 holders, $27.6bn |
| Q2 2023 | 25 holders, $8.4bn | 29 holders, $28.9bn |
| Q3 2023 | 31 holders, $9.0bn | 32 holders, $28.5bn |
| Q4 2023 | 28 holders, $7.9bn | 34 holders, $28.8bn |
| Q1 2024 | 18 holders, $8.2bn | 36 holders, $28.4bn |
| Q2 2024 | 19 holders, $7.3bn | 31 holders, $31.4bn |
| Q3 2024 | 16 holders, $6.5bn | 39 holders, $38.2bn |
| Q4 2024 | 22 holders, $7.2bn | 40 holders, $36.6bn |
| Q1 2025 | 16 holders, $8.3bn | 44 holders, $49.1bn |
| Q2 2025 | 15 holders, $6.8bn | 44 holders, $54.3bn |
| Q3 2025 | 16 holders, $4.8bn | 36 holders, $49.3bn |
| Q4 2025 | 14 holders, $5.3bn | 26 holders, $50.5bn |
| Q1 2026 | 21 holders, $6.3bn | 25 holders, $57.3bn |
| Q2 2026 | 19 holders, $5.1bn | 27 holders, $63.8bn |
Constellation Brands Inc
- Holders
- 16
- Reported value
- $4.8bn
- Buyers
- 10
- Sellers
- 6
Breadth +4 among 95 comparable managers.
Philip Morris Intl Inc
- Holders
- 36
- Reported value
- $49.3bn
- Buyers
- 20
- Sellers
- 15
Breadth +5 among 95 comparable managers.
Who holds both, Q3 2025
Both (11)
Arrowstreet Capital LP, Artisan Partners LP, Brevan Howard Capital Management LP, Capital Research Global Investors, Capital World Investors, Fidelity (FMR LLC), Harris Associates LP, Janus Henderson Group Ltd, Maverick Capital Ltd, MFS Investment Management, Wellington Management Group LLP
Only STZ (5)
Berkshire Hathaway Inc, Holocene Advisors LP, Marshall Wace LLP, Point72 Asset Management LP, Southeastern Asset Management Inc
Only PM (25)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Baillie Gifford & Co, Bridgewater Associates LP, D. E. Shaw & Co., D1 Capital Partners LP, Dodge & Cox, Eisler Capital Management Ltd, First Eagle Investment Management LLC, Invesco Ltd, Lone Pine Capital LLC, Man Group PLC, Markel Group Inc, Millennium Management LLC, Neuberger Berman Group LLC, Quantbot Technologies LP, T. Rowe Price Associates Inc, Tudor Investment Corp, Two Sigma Advisers LP, Viking Global Investors LP, Voloridge Investment Management LLC, Walleye Capital LLC, Winton Group Ltd, 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.