Holders over time
- METC
- CNQ
| Quarter | METC | CNQ |
|---|---|---|
| Q3 2020 | none listed holders, n.a. | 10 holders, $3.6bn |
| Q4 2020 | none listed holders, n.a. | 12 holders, $6.6bn |
| Q1 2021 | none listed holders, n.a. | 16 holders, $9.4bn |
| Q2 2021 | none listed holders, n.a. | 15 holders, $11.4bn |
| Q3 2021 | none listed holders, n.a. | 16 holders, $11.6bn |
| Q4 2021 | none listed holders, n.a. | 15 holders, $14.1bn |
| Q1 2022 | none listed holders, n.a. | 17 holders, $23.2bn |
| Q2 2022 | none listed holders, n.a. | 18 holders, $19.8bn |
| Q3 2022 | none listed holders, n.a. | 20 holders, $15.6bn |
| Q4 2022 | none listed holders, n.a. | 16 holders, $19.0bn |
| Q1 2023 | none listed holders, n.a. | 14 holders, $18.3bn |
| Q2 2023 | none listed holders, n.a. | 14 holders, $17.5bn |
| Q3 2023 | none listed holders, n.a. | 15 holders, $20.0bn |
| Q4 2023 | 1 holders, $15m | 13 holders, $19.1bn |
| Q1 2024 | 3 holders, $34m | 19 holders, $22.3bn |
| Q2 2024 | none listed holders, n.a. | 17 holders, $19.1bn |
| Q3 2024 | none listed holders, n.a. | 20 holders, $17.1bn |
| Q4 2024 | 2 holders, $10m | 19 holders, $15.5bn |
| Q1 2025 | 2 holders, $10m | 22 holders, $13.9bn |
| Q2 2025 | 2 holders, $18m | 17 holders, $13.9bn |
| Q3 2025 | 4 holders, $239m | 13 holders, $13.9bn |
| Q4 2025 | 6 holders, $150m | 14 holders, $16.3bn |
| Q1 2026 | 2 holders, $87m | 13 holders, $25.7bn |
| Q2 2026 | 2 holders, $72m | 16 holders, $19.1bn |
Ramaco Res Inc
- Holders
- 6
- Reported value
- $150m
- Buyers
- 20
- Sellers
- 10
Breadth +10 among 92 comparable managers.
Canadian Nat Res LTD Med Ter
- Holders
- 14
- Reported value
- $16.3bn
- Buyers
- 9
- Sellers
- 26
Breadth -17 among 92 comparable managers.
Who holds both, Q4 2025
Both (1)
Only METC (5)
Discovery Capital Management LLC, Glenview Capital Management LLC, Polen Capital Management LLC, Quantbot Technologies LP, Renaissance Technologies LLC
Only CNQ (13)
AQR Capital Management LLC, Capital Research Global Investors, Capital World Investors, ExodusPoint Capital Management LP, Fidelity (FMR LLC), Janus Henderson Group Ltd, MFS Investment Management, Moore Capital Management LP, PDT Partners LLC, T. Rowe Price Associates Inc, Two Sigma Investments LP, Voloridge Investment Management LLC, 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.