Holders over time
- AXP
- MA
| Quarter | AXP | MA |
|---|---|---|
| Q3 2020 | 24 holders, $25.7bn | 45 holders, $56.1bn |
| Q4 2020 | 21 holders, $30.8bn | 52 holders, $57.9bn |
| Q1 2021 | 24 holders, $36.9bn | 50 holders, $56.4bn |
| Q2 2021 | 21 holders, $42.9bn | 50 holders, $54.9bn |
| Q3 2021 | 26 holders, $42.0bn | 50 holders, $48.9bn |
| Q4 2021 | 27 holders, $39.7bn | 42 holders, $49.3bn |
| Q1 2022 | 20 holders, $45.0bn | 38 holders, $50.1bn |
| Q2 2022 | 36 holders, $33.2bn | 48 holders, $45.4bn |
| Q3 2022 | 35 holders, $32.3bn | 53 holders, $40.8bn |
| Q4 2022 | 35 holders, $34.4bn | 37 holders, $65.6bn |
| Q1 2023 | 32 holders, $38.7bn | 45 holders, $50.3bn |
| Q2 2023 | 30 holders, $40.1bn | 47 holders, $51.2bn |
| Q3 2023 | 34 holders, $34.1bn | 52 holders, $49.7bn |
| Q4 2023 | 28 holders, $42.5bn | 46 holders, $51.7bn |
| Q1 2024 | 33 holders, $52.6bn | 48 holders, $58.0bn |
| Q2 2024 | 31 holders, $52.6bn | 49 holders, $51.2bn |
| Q3 2024 | 30 holders, $60.7bn | 43 holders, $55.8bn |
| Q4 2024 | 26 holders, $65.8bn | 43 holders, $58.3bn |
| Q1 2025 | 33 holders, $59.9bn | 49 holders, $64.7bn |
| Q2 2025 | 29 holders, $69.4bn | 50 holders, $68.3bn |
| Q3 2025 | 30 holders, $70.8bn | 44 holders, $68.1bn |
| Q4 2025 | 31 holders, $77.2bn | 43 holders, $65.6bn |
| Q1 2026 | 33 holders, $61.2bn | 46 holders, $57.4bn |
| Q2 2026 | 30 holders, $65.4bn | 43 holders, $58.1bn |
American Express Co
- Holders
- 31
- Reported value
- $77.2bn
- Buyers
- 17
- Sellers
- 22
Breadth -5 among 92 comparable managers.
Mastercard Incorporated
- Holders
- 43
- Reported value
- $65.6bn
- Buyers
- 19
- Sellers
- 30
Breadth -11 among 92 comparable managers.
Who holds both, Q4 2025
Both (23)
AllianceBernstein LP, AQR Capital Management LLC, Artisan Partners LP, Berkshire Hathaway Inc, Brevan Howard Capital Management LP, Bridgewater Associates LP, Capital Research Global Investors, Capital World Investors, Fidelity (FMR LLC), GAMCO Investors Inc, Harris Associates LP, Hudson Bay Capital Management LP, Invesco Ltd, Janus Henderson Group Ltd, Man Group PLC, Markel Group Inc, MFS Investment Management, Neuberger Berman Group LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Walleye Capital LLC, Wellington Management Group LLP, Woodline Partners LP
Only AXP (8)
Balyasny Asset Management LLC, Caxton Associates LLP, Dodge & Cox, Element Capital Management LLC, ExodusPoint Capital Management LP, First Eagle Investment Management LLC, PDT Partners LLC, Ruane Cunniff & Goldfarb LP
Only MA (20)
Acadian Asset Management LLC, Akre Capital Management LLC, Arrowstreet Capital LP, Baillie Gifford & Co, D. E. Shaw & Co., Davidson Kempner Capital Management LP, Egerton Capital UK LLP, Farallon Capital Management LLC, Holocene Advisors LP, Lone Pine Capital LLC, Millennium Management LLC, Moore Capital Management LP, Polen Capital Management LLC, Quantbot Technologies LP, Schonfeld Strategic Advisors LLC, Soroban Capital Partners LP, Two Sigma Advisers LP, Two Sigma Investments LP, Voloridge Investment Management LLC, Winton Group Ltd
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.