Holders over time
- TW
- AXP
| Quarter | TW | AXP |
|---|---|---|
| Q3 2020 | 8 holders, $1.6bn | 24 holders, $25.7bn |
| Q4 2020 | 9 holders, $1.7bn | 21 holders, $30.8bn |
| Q1 2021 | 10 holders, $2.7bn | 24 holders, $36.9bn |
| Q2 2021 | 9 holders, $3.1bn | 21 holders, $42.9bn |
| Q3 2021 | 12 holders, $2.8bn | 26 holders, $42.0bn |
| Q4 2021 | 11 holders, $3.2bn | 27 holders, $39.7bn |
| Q1 2022 | 10 holders, $2.6bn | 20 holders, $45.0bn |
| Q2 2022 | 12 holders, $1.8bn | 36 holders, $33.2bn |
| Q3 2022 | 18 holders, $1.1bn | 35 holders, $32.3bn |
| Q4 2022 | 13 holders, $1.2bn | 35 holders, $34.4bn |
| Q1 2023 | 13 holders, $1.3bn | 32 holders, $38.7bn |
| Q2 2023 | 8 holders, $1.4bn | 30 holders, $40.1bn |
| Q3 2023 | 10 holders, $1.9bn | 34 holders, $34.1bn |
| Q4 2023 | 15 holders, $2.1bn | 28 holders, $42.5bn |
| Q1 2024 | 12 holders, $2.3bn | 33 holders, $52.6bn |
| Q2 2024 | 13 holders, $2.9bn | 31 holders, $52.6bn |
| Q3 2024 | 10 holders, $3.6bn | 30 holders, $60.7bn |
| Q4 2024 | 15 holders, $3.3bn | 26 holders, $65.8bn |
| Q1 2025 | 12 holders, $3.8bn | 33 holders, $59.9bn |
| Q2 2025 | 10 holders, $3.4bn | 29 holders, $69.4bn |
| Q3 2025 | 11 holders, $3.0bn | 30 holders, $70.8bn |
| Q4 2025 | 10 holders, $3.6bn | 31 holders, $77.2bn |
| Q1 2026 | 11 holders, $3.7bn | 33 holders, $61.2bn |
| Q2 2026 | 15 holders, $3.4bn | 30 holders, $65.4bn |
Tradeweb MKTS Inc
- Holders
- 10
- Reported value
- $3.6bn
- Buyers
- 14
- Sellers
- 19
Breadth -5 among 92 comparable managers.
American Express Co
- Holders
- 31
- Reported value
- $77.2bn
- Buyers
- 17
- Sellers
- 22
Breadth -5 among 92 comparable managers.
Who holds both, Q4 2025
Both (6)
AQR Capital Management LLC, Capital World Investors, ExodusPoint Capital Management LP, Neuberger Berman Group LLC, T. Rowe Price Associates Inc, Wellington Management Group LLP
Only TW (4)
Renaissance Technologies LLC, Tudor Investment Corp, Two Sigma Investments LP, Viking Global Investors LP
Only AXP (25)
AllianceBernstein LP, Artisan Partners LP, Balyasny Asset Management LLC, Berkshire Hathaway Inc, Brevan Howard Capital Management LP, Bridgewater Associates LP, Capital Research Global Investors, Caxton Associates LLP, Dodge & Cox, Element Capital Management LLC, Fidelity (FMR LLC), First Eagle Investment Management LLC, GAMCO Investors Inc, Harris Associates LP, Hudson Bay Capital Management LP, Invesco Ltd, Janus Henderson Group Ltd, Man Group PLC, Markel Group Inc, MFS Investment Management, PDT Partners LLC, Ruane Cunniff & Goldfarb LP, Squarepoint Ops LLC, Walleye Capital LLC, Woodline Partners LP
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.