Holders over time
- APG
- MCO
| Quarter | APG | MCO |
|---|---|---|
| Q3 2020 | 1 holders, $474m | 30 holders, $17.0bn |
| Q4 2020 | 1 holders, $605m | 21 holders, $16.9bn |
| Q1 2021 | 2 holders, $758m | 17 holders, $16.9bn |
| Q2 2021 | 2 holders, $772m | 16 holders, $20.2bn |
| Q3 2021 | 3 holders, $741m | 25 holders, $19.9bn |
| Q4 2021 | 3 holders, $953m | 25 holders, $22.0bn |
| Q1 2022 | 2 holders, $757m | 22 holders, $19.1bn |
| Q2 2022 | 1 holders, $504m | 19 holders, $15.4bn |
| Q3 2022 | 1 holders, $449m | 21 holders, $13.6bn |
| Q4 2022 | 3 holders, $651m | 17 holders, $15.5bn |
| Q1 2023 | 2 holders, $767m | 20 holders, $17.3bn |
| Q2 2023 | 4 holders, $953m | 25 holders, $19.4bn |
| Q3 2023 | 4 holders, $911m | 21 holders, $17.2bn |
| Q4 2023 | 5 holders, $1.4bn | 21 holders, $22.3bn |
| Q1 2024 | 8 holders, $2.0bn | 22 holders, $21.9bn |
| Q2 2024 | 12 holders, $2.2bn | 24 holders, $23.6bn |
| Q3 2024 | 11 holders, $1.9bn | 31 holders, $26.8bn |
| Q4 2024 | 14 holders, $2.5bn | 31 holders, $25.7bn |
| Q1 2025 | 12 holders, $2.6bn | 30 holders, $25.2bn |
| Q2 2025 | 13 holders, $3.5bn | 30 holders, $26.8bn |
| Q3 2025 | 13 holders, $3.1bn | 31 holders, $26.0bn |
| Q4 2025 | 14 holders, $3.5bn | 32 holders, $27.7bn |
| Q1 2026 | 16 holders, $3.2bn | 28 holders, $23.9bn |
| Q2 2026 | 15 holders, $3.9bn | 31 holders, $24.9bn |
Api Group Corp
- Holders
- 16
- Reported value
- $3.2bn
- Buyers
- 21
- Sellers
- 17
Breadth +4 among 91 comparable managers.
Moodys Corp
- Holders
- 28
- Reported value
- $23.9bn
- Buyers
- 20
- Sellers
- 24
Breadth -4 among 91 comparable managers.
Who holds both, Q1 2026
Both (7)
Capital Research Global Investors, Caxton Associates LLP, Marshall Wace LLP, Neuberger Berman Group LLC, Schonfeld Strategic Advisors LLC, T. Rowe Price Associates Inc, Voloridge Investment Management LLC
Only APG (9)
Artisan Partners LP, Bridgewater Associates LP, Capital World Investors, Davidson Kempner Capital Management LP, Durable Capital Partners LP, ExodusPoint Capital Management LP, Janus Henderson Group Ltd, Third Point LLC, Viking Global Investors LP
Only MCO (21)
Acadian Asset Management LLC, Akre Capital Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Baillie Gifford & Co, Berkshire Hathaway Inc, D. E. Shaw & Co., Dodge & Cox, Egerton Capital UK LLP, Fidelity (FMR LLC), GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Invesco Ltd, Man Group PLC, Markel Group Inc, MFS Investment Management, Renaissance Technologies LLC, TCI Fund Management Ltd, 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.