Holders over time
- MS
- V
| Quarter | MS | V |
|---|---|---|
| Q3 2020 | 34 holders, $8.9bn | 55 holders, $62.2bn |
| Q4 2020 | 28 holders, $15.5bn | 52 holders, $67.1bn |
| Q1 2021 | 33 holders, $16.4bn | 58 holders, $64.5bn |
| Q2 2021 | 27 holders, $18.8bn | 52 holders, $69.3bn |
| Q3 2021 | 28 holders, $20.9bn | 56 holders, $63.6bn |
| Q4 2021 | 27 holders, $18.2bn | 47 holders, $58.0bn |
| Q1 2022 | 25 holders, $15.5bn | 59 holders, $61.8bn |
| Q2 2022 | 27 holders, $13.1bn | 57 holders, $55.2bn |
| Q3 2022 | 21 holders, $14.4bn | 57 holders, $50.7bn |
| Q4 2022 | 22 holders, $15.1bn | 54 holders, $59.4bn |
| Q1 2023 | 17 holders, $16.7bn | 55 holders, $64.0bn |
| Q2 2023 | 23 holders, $15.1bn | 54 holders, $65.2bn |
| Q3 2023 | 20 holders, $12.7bn | 55 holders, $61.5bn |
| Q4 2023 | 21 holders, $13.1bn | 48 holders, $68.6bn |
| Q1 2024 | 24 holders, $13.1bn | 50 holders, $73.1bn |
| Q2 2024 | 24 holders, $13.6bn | 45 holders, $69.5bn |
| Q3 2024 | 25 holders, $14.4bn | 47 holders, $70.5bn |
| Q4 2024 | 25 holders, $17.7bn | 48 holders, $77.6bn |
| Q1 2025 | 27 holders, $14.6bn | 43 holders, $83.5bn |
| Q2 2025 | 26 holders, $17.4bn | 45 holders, $83.4bn |
| Q3 2025 | 33 holders, $20.8bn | 48 holders, $82.8bn |
| Q4 2025 | 33 holders, $22.3bn | 49 holders, $86.0bn |
| Q1 2026 | 34 holders, $19.8bn | 49 holders, $73.3bn |
| Q2 2026 | 32 holders, $25.5bn | 52 holders, $81.9bn |
Morgan Stanley
- Holders
- 33
- Reported value
- $22.3bn
- Buyers
- 20
- Sellers
- 19
Breadth +1 among 92 comparable managers.
Visa Inc
- Holders
- 49
- Reported value
- $86.0bn
- Buyers
- 29
- Sellers
- 26
Breadth +3 among 92 comparable managers.
Who holds both, Q4 2025
Both (26)
Acadian Asset Management LLC, AllianceBernstein LP, Artisan Partners LP, Balyasny Asset Management LLC, Capital Research Global Investors, Capital World Investors, Citadel Advisors LLC, D. E. Shaw & Co., Fidelity (FMR LLC), Freestone Grove Partners LP, GAMCO Investors Inc, Holocene Advisors LP, Invesco Ltd, Janus Henderson Group Ltd, Man Group PLC, Marshall Wace LLP, MFS Investment Management, Millennium Management LLC, Neuberger Berman Group LLC, Point72 Asset Management LP, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Two Sigma Advisers LP, Two Sigma Investments LP, Wellington Management Group LLP, Woodline Partners LP
Only MS (7)
ExodusPoint Capital Management LP, Hudson Bay Capital Management LP, Jane Street Group LLC, Rokos Capital Management LLP, Tudor Investment Corp, Verition Fund Management LLC, Walleye Capital LLC
Only V (23)
Akre Capital Management LLC, AQR Capital Management LLC, Arrowstreet Capital LP, Berkshire Hathaway Inc, Bridgewater Associates LP, Dodge & Cox, Egerton Capital UK LLP, Farallon Capital Management LLC, Harris Associates LP, Lone Pine Capital LLC, Markel Group Inc, Maverick Capital Ltd, Moore Capital Management LP, Polen Capital Management LLC, Quantbot Technologies LP, Renaissance Technologies LLC, Soroban Capital Partners LP, Steadfast Capital Management LP, TCI Fund Management Ltd, ValueAct Holdings LP, Viking Global Investors LP, Voloridge Investment Management LLC, Winton Group Ltd
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.