Holders over time
- IBM
- CSCO
| Quarter | IBM | CSCO |
|---|---|---|
| Q3 2020 | 18 holders, $3.6bn | 27 holders, $12.0bn |
| Q4 2020 | 20 holders, $3.8bn | 30 holders, $14.3bn |
| Q1 2021 | 21 holders, $3.9bn | 30 holders, $16.3bn |
| Q2 2021 | 17 holders, $3.9bn | 26 holders, $16.2bn |
| Q3 2021 | 20 holders, $3.6bn | 28 holders, $17.4bn |
| Q4 2021 | 18 holders, $2.9bn | 25 holders, $19.0bn |
| Q1 2022 | 18 holders, $2.4bn | 32 holders, $15.9bn |
| Q2 2022 | 14 holders, $2.3bn | 33 holders, $11.8bn |
| Q3 2022 | 13 holders, $2.1bn | 36 holders, $11.2bn |
| Q4 2022 | 19 holders, $3.1bn | 36 holders, $38.3bn |
| Q1 2023 | 25 holders, $3.4bn | 25 holders, $13.5bn |
| Q2 2023 | 22 holders, $2.8bn | 26 holders, $13.2bn |
| Q3 2023 | 20 holders, $2.8bn | 33 holders, $14.2bn |
| Q4 2023 | 18 holders, $3.7bn | 26 holders, $12.5bn |
| Q1 2024 | 15 holders, $4.5bn | 30 holders, $12.6bn |
| Q2 2024 | 18 holders, $3.5bn | 31 holders, $12.2bn |
| Q3 2024 | 17 holders, $5.4bn | 27 holders, $13.7bn |
| Q4 2024 | 20 holders, $6.9bn | 38 holders, $17.6bn |
| Q1 2025 | 18 holders, $8.2bn | 33 holders, $18.1bn |
| Q2 2025 | 20 holders, $9.8bn | 31 holders, $17.6bn |
| Q3 2025 | 21 holders, $10.8bn | 25 holders, $16.3bn |
| Q4 2025 | 17 holders, $12.8bn | 25 holders, $26.5bn |
| Q1 2026 | 19 holders, $9.4bn | 28 holders, $31.9bn |
| Q2 2026 | 20 holders, $13.3bn | 32 holders, $49.1bn |
International Business Machs
- Holders
- 17
- Reported value
- $12.8bn
- Buyers
- 17
- Sellers
- 16
Breadth +1 among 92 comparable managers.
Cisco Sys Inc
- Holders
- 25
- Reported value
- $26.5bn
- Buyers
- 16
- Sellers
- 23
Breadth -7 among 92 comparable managers.
Who holds both, Q4 2025
Both (11)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Dodge & Cox, Fidelity (FMR LLC), Invesco Ltd, Janus Henderson Group Ltd, Man Group PLC, Neuberger Berman Group LLC, T. Rowe Price Associates Inc, Woodline Partners LP
Only IBM (6)
Capital Research Global Investors, Capital World Investors, GAMCO Investors Inc, MFS Investment Management, Tudor Investment Corp, Voloridge Investment Management LLC
Only CSCO (14)
Arrowstreet Capital LP, Baillie Gifford & Co, Brevan Howard Capital Management LP, Bridgewater Associates LP, Caxton Associates LLP, Citadel Advisors LLC, ExodusPoint Capital Management LP, Freestone Grove Partners LP, Markel Group Inc, Marshall Wace LLP, Point72 Asset Management LP, Squarepoint Ops LLC, Steadfast Capital Management LP, Wellington Management Group LLP
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.