Holders over time
- BFAM
- MCO
| Quarter | BFAM | MCO |
|---|---|---|
| Q3 2020 | 12 holders, $3.1bn | 30 holders, $17.0bn |
| Q4 2020 | 12 holders, $3.5bn | 21 holders, $16.9bn |
| Q1 2021 | 12 holders, $3.4bn | 17 holders, $16.9bn |
| Q2 2021 | 13 holders, $2.4bn | 16 holders, $20.2bn |
| Q3 2021 | 12 holders, $2.2bn | 25 holders, $19.9bn |
| Q4 2021 | 11 holders, $1.8bn | 25 holders, $22.0bn |
| Q1 2022 | 8 holders, $1.9bn | 22 holders, $19.1bn |
| Q2 2022 | 10 holders, $1.4bn | 19 holders, $15.4bn |
| Q3 2022 | 10 holders, $736m | 21 holders, $13.6bn |
| Q4 2022 | 7 holders, $772m | 17 holders, $15.5bn |
| Q1 2023 | 8 holders, $1.0bn | 20 holders, $17.3bn |
| Q2 2023 | 7 holders, $1.3bn | 25 holders, $19.4bn |
| Q3 2023 | 5 holders, $1.2bn | 21 holders, $17.2bn |
| Q4 2023 | 6 holders, $1.6bn | 21 holders, $22.3bn |
| Q1 2024 | 7 holders, $1.8bn | 22 holders, $21.9bn |
| Q2 2024 | 7 holders, $1.6bn | 24 holders, $23.6bn |
| Q3 2024 | 9 holders, $1.8bn | 31 holders, $26.8bn |
| Q4 2024 | 9 holders, $973m | 31 holders, $25.7bn |
| Q1 2025 | 9 holders, $1.2bn | 30 holders, $25.2bn |
| Q2 2025 | 9 holders, $1.4bn | 30 holders, $26.8bn |
| Q3 2025 | 15 holders, $1.1bn | 31 holders, $26.0bn |
| Q4 2025 | 13 holders, $1.1bn | 32 holders, $27.7bn |
| Q1 2026 | 8 holders, $848m | 28 holders, $23.9bn |
| Q2 2026 | 7 holders, $527m | 31 holders, $24.9bn |
Bright Horizons Family Solut
- Holders
- 13
- Reported value
- $1.1bn
- Buyers
- 18
- Sellers
- 19
Breadth -1 among 92 comparable managers.
Moodys Corp
- Holders
- 32
- Reported value
- $27.7bn
- Buyers
- 17
- Sellers
- 26
Breadth -9 among 92 comparable managers.
Who holds both, Q4 2025
Both (8)
Freestone Grove Partners LP, Holocene Advisors LP, Janus Henderson Group Ltd, Neuberger Berman Group LLC, Point72 Asset Management LP, Two Sigma Investments LP, Voloridge Investment Management LLC, Walleye Capital LLC
Only BFAM (5)
AQR Capital Management LLC, Capital World Investors, Marshall Wace LLP, Millennium Management LLC, Two Sigma Advisers LP
Only MCO (24)
Acadian Asset Management LLC, Akre Capital Management LLC, AllianceBernstein LP, Arrowstreet Capital LP, Baillie Gifford & Co, Berkshire Hathaway Inc, Coatue Management LLC, D. E. Shaw & Co., Dodge & Cox, Egerton Capital UK LLP, Fidelity (FMR LLC), GAMCO Investors Inc, Harris Associates LP, Hudson Bay Capital Management LP, Invesco Ltd, Man Group PLC, Markel Group Inc, MFS Investment Management, Moore Capital Management LP, Schonfeld Strategic Advisors LLC, T. Rowe Price Associates Inc, TCI Fund Management Ltd, Tudor Investment Corp, 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.