Holders over time
- MO
- PM
| Quarter | MO | PM |
|---|---|---|
| Q3 2020 | 25 holders, $9.6bn | 25 holders, $19.7bn |
| Q4 2020 | 17 holders, $9.9bn | 25 holders, $21.5bn |
| Q1 2021 | 17 holders, $12.6bn | 27 holders, $22.1bn |
| Q2 2021 | 20 holders, $11.9bn | 20 holders, $23.2bn |
| Q3 2021 | 20 holders, $11.3bn | 25 holders, $22.8bn |
| Q4 2021 | 18 holders, $10.5bn | 26 holders, $22.3bn |
| Q1 2022 | 24 holders, $12.1bn | 29 holders, $23.2bn |
| Q2 2022 | 29 holders, $8.5bn | 28 holders, $25.8bn |
| Q3 2022 | 25 holders, $7.6bn | 33 holders, $22.2bn |
| Q4 2022 | 22 holders, $8.4bn | 26 holders, $27.0bn |
| Q1 2023 | 24 holders, $9.0bn | 36 holders, $27.6bn |
| Q2 2023 | 19 holders, $9.0bn | 29 holders, $28.9bn |
| Q3 2023 | 21 holders, $7.3bn | 32 holders, $28.5bn |
| Q4 2023 | 19 holders, $6.5bn | 34 holders, $28.8bn |
| Q1 2024 | 20 holders, $7.3bn | 36 holders, $28.4bn |
| Q2 2024 | 20 holders, $7.3bn | 31 holders, $31.4bn |
| Q3 2024 | 20 holders, $7.3bn | 39 holders, $38.2bn |
| Q4 2024 | 19 holders, $7.3bn | 40 holders, $36.6bn |
| Q1 2025 | 19 holders, $8.1bn | 44 holders, $49.1bn |
| Q2 2025 | 20 holders, $6.1bn | 44 holders, $54.3bn |
| Q3 2025 | 27 holders, $6.7bn | 36 holders, $49.3bn |
| Q4 2025 | 22 holders, $4.7bn | 26 holders, $50.5bn |
| Q1 2026 | 22 holders, $6.2bn | 25 holders, $57.3bn |
| Q2 2026 | 21 holders, $8.8bn | 27 holders, $63.8bn |
Altria Group Inc
- Holders
- 22
- Reported value
- $4.7bn
- Buyers
- 13
- Sellers
- 26
Breadth -13 among 92 comparable managers.
Philip Morris Intl Inc
- Holders
- 26
- Reported value
- $50.5bn
- Buyers
- 20
- Sellers
- 24
Breadth -4 among 92 comparable managers.
Who holds both, Q4 2025
Both (12)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Capital Research Global Investors, Capital World Investors, Dodge & Cox, Invesco Ltd, Maverick Capital Ltd, MFS Investment Management, T. Rowe Price Associates Inc, Woodline Partners LP
Only MO (10)
Brevan Howard Capital Management LP, Bridgewater Associates LP, Element Capital Management LLC, Man Group PLC, Marshall Wace LLP, Quantbot Technologies LP, Renaissance Technologies LLC, Tudor Investment Corp, Verition Fund Management LLC, Winton Group Ltd
Only PM (14)
Artisan Partners LP, Baillie Gifford & Co, D. E. Shaw & Co., Fidelity (FMR LLC), First Eagle Investment Management LLC, Freestone Grove Partners LP, Harris Associates LP, Janus Henderson Group Ltd, Lone Pine Capital LLC, Markel Group Inc, Neuberger Berman Group LLC, Squarepoint Ops LLC, Walleye Capital 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.