Holders over time
- AON
- AXP
| Quarter | AON | AXP |
|---|---|---|
| Q3 2020 | 26 holders, $10.9bn | 24 holders, $25.7bn |
| Q4 2020 | 30 holders, $10.7bn | 21 holders, $30.8bn |
| Q1 2021 | 32 holders, $12.0bn | 24 holders, $36.9bn |
| Q2 2021 | 34 holders, $13.2bn | 21 holders, $42.9bn |
| Q3 2021 | 27 holders, $13.3bn | 26 holders, $42.0bn |
| Q4 2021 | 31 holders, $14.0bn | 27 holders, $39.7bn |
| Q1 2022 | 23 holders, $15.7bn | 20 holders, $45.0bn |
| Q2 2022 | 32 holders, $12.5bn | 36 holders, $33.2bn |
| Q3 2022 | 24 holders, $11.7bn | 35 holders, $32.3bn |
| Q4 2022 | 27 holders, $12.4bn | 35 holders, $34.4bn |
| Q1 2023 | 23 holders, $12.4bn | 32 holders, $38.7bn |
| Q2 2023 | 17 holders, $13.8bn | 30 holders, $40.1bn |
| Q3 2023 | 21 holders, $12.3bn | 34 holders, $34.1bn |
| Q4 2023 | 24 holders, $10.0bn | 28 holders, $42.5bn |
| Q1 2024 | 23 holders, $11.2bn | 33 holders, $52.6bn |
| Q2 2024 | 21 holders, $11.0bn | 31 holders, $52.6bn |
| Q3 2024 | 25 holders, $13.5bn | 30 holders, $60.7bn |
| Q4 2024 | 24 holders, $14.1bn | 26 holders, $65.8bn |
| Q1 2025 | 24 holders, $15.9bn | 33 holders, $59.9bn |
| Q2 2025 | 24 holders, $15.0bn | 29 holders, $69.4bn |
| Q3 2025 | 30 holders, $16.0bn | 30 holders, $70.8bn |
| Q4 2025 | 25 holders, $16.1bn | 31 holders, $77.2bn |
| Q1 2026 | 23 holders, $14.0bn | 33 holders, $61.2bn |
| Q2 2026 | 24 holders, $15.0bn | 30 holders, $65.4bn |
Aon PLC
- Holders
- 23
- Reported value
- $14.0bn
- Buyers
- 26
- Sellers
- 19
Breadth +7 among 91 comparable managers.
American Express Co
- Holders
- 33
- Reported value
- $61.2bn
- Buyers
- 22
- Sellers
- 21
Breadth +1 among 91 comparable managers.
Who holds both, Q1 2026
Both (16)
AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Artisan Partners LP, Balyasny Asset Management LLC, Bridgewater Associates LP, Capital World Investors, Dodge & Cox, Invesco Ltd, Man Group PLC, Markel Group Inc, MFS Investment Management, Neuberger Berman Group LLC, T. Rowe Price Associates Inc, Voloridge Investment Management LLC, Woodline Partners LP
Only AON (7)
Baupost Group LLC, Farallon Capital Management LLC, Polen Capital Management LLC, Schonfeld Strategic Advisors LLC, Tudor Investment Corp, Verition Fund Management LLC, Viking Global Investors LP
Only AXP (17)
Berkshire Hathaway Inc, Brevan Howard Capital Management LP, Capital Research Global Investors, D. E. Shaw & Co., Fidelity (FMR LLC), First Eagle Investment Management LLC, GAMCO Investors Inc, Harris Associates LP, Hudson Bay Capital Management LP, Janus Henderson Group Ltd, Marshall Wace LLP, Millennium Management LLC, PDT Partners LLC, Renaissance Technologies LLC, Ruane Cunniff & Goldfarb LP, Wellington Management Group LLP, 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.