Holders over time
- CFR
- JPM
| Quarter | CFR | JPM |
|---|---|---|
| Q3 2020 | 10 holders, $450m | 35 holders, $33.0bn |
| Q4 2020 | 9 holders, $564m | 32 holders, $45.6bn |
| Q1 2021 | 8 holders, $795m | 32 holders, $49.9bn |
| Q2 2021 | 8 holders, $900m | 31 holders, $48.4bn |
| Q3 2021 | 9 holders, $945m | 31 holders, $48.9bn |
| Q4 2021 | 8 holders, $935m | 34 holders, $46.1bn |
| Q1 2022 | 8 holders, $1.1bn | 35 holders, $37.9bn |
| Q2 2022 | 10 holders, $616m | 37 holders, $30.9bn |
| Q3 2022 | 12 holders, $952m | 41 holders, $26.8bn |
| Q4 2022 | 14 holders, $706m | 33 holders, $80.3bn |
| Q1 2023 | 11 holders, $440m | 34 holders, $33.4bn |
| Q2 2023 | 7 holders, $365m | 34 holders, $38.7bn |
| Q3 2023 | 7 holders, $276m | 32 holders, $39.4bn |
| Q4 2023 | 9 holders, $317m | 30 holders, $45.0bn |
| Q1 2024 | 4 holders, $288m | 37 holders, $52.6bn |
| Q2 2024 | 5 holders, $263m | 36 holders, $52.8bn |
| Q3 2024 | 5 holders, $271m | 29 holders, $50.1bn |
| Q4 2024 | 4 holders, $324m | 30 holders, $55.8bn |
| Q1 2025 | 2 holders, $250m | 35 holders, $51.3bn |
| Q2 2025 | 5 holders, $331m | 38 holders, $59.8bn |
| Q3 2025 | 7 holders, $419m | 36 holders, $63.3bn |
| Q4 2025 | 6 holders, $326m | 36 holders, $57.9bn |
| Q1 2026 | 5 holders, $561m | 39 holders, $51.7bn |
| Q2 2026 | 6 holders, $1.1bn | 43 holders, $54.6bn |
Cullen Frost Bankers Inc
- Holders
- 6
- Reported value
- $326m
- Buyers
- 18
- Sellers
- 13
Breadth +5 among 92 comparable managers.
JPMorgan Chase & Co
- Holders
- 36
- Reported value
- $57.9bn
- Buyers
- 18
- Sellers
- 25
Breadth -7 among 92 comparable managers.
Who holds both, Q4 2025
Both (5)
Janus Henderson Group Ltd, Neuberger Berman Group LLC, Two Sigma Advisers LP, Two Sigma Investments LP, Verition Fund Management LLC
Only CFR (1)
Only JPM (31)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Balyasny Asset Management LLC, Brevan Howard Capital Management LP, Capital Research Global Investors, Capital World Investors, Citadel Advisors LLC, D. E. Shaw & Co., Discovery Capital Management LLC, Dodge & Cox, Fidelity (FMR LLC), GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Hudson Bay Capital Management LP, Invesco Ltd, Jane Street Group LLC, Man Group PLC, Markel Group Inc, MFS Investment Management, Millennium Management LLC, Soros Fund Management LLC, and 6 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.