Holders over time
- DOW
- LIN
| Quarter | DOW | LIN |
|---|---|---|
| Q3 2020 | 13 holders, $4.1bn | none listed holders, n.a. |
| Q4 2020 | 18 holders, $5.0bn | none listed holders, n.a. |
| Q1 2021 | 16 holders, $5.3bn | none listed holders, n.a. |
| Q2 2021 | 11 holders, $4.7bn | none listed holders, n.a. |
| Q3 2021 | 14 holders, $3.7bn | none listed holders, n.a. |
| Q4 2021 | 15 holders, $3.2bn | none listed holders, n.a. |
| Q1 2022 | 16 holders, $3.4bn | none listed holders, n.a. |
| Q2 2022 | 18 holders, $2.2bn | none listed holders, n.a. |
| Q3 2022 | 12 holders, $1.6bn | none listed holders, n.a. |
| Q4 2022 | 13 holders, $1.8bn | none listed holders, n.a. |
| Q1 2023 | 12 holders, $1.5bn | 40 holders, $29.9bn |
| Q2 2023 | 12 holders, $1.3bn | 35 holders, $30.7bn |
| Q3 2023 | 16 holders, $1.4bn | 31 holders, $30.1bn |
| Q4 2023 | 9 holders, $1.1bn | 32 holders, $32.7bn |
| Q1 2024 | 11 holders, $1.2bn | 27 holders, $34.3bn |
| Q2 2024 | 8 holders, $956m | 28 holders, $30.5bn |
| Q3 2024 | 6 holders, $1.0bn | 23 holders, $32.2bn |
| Q4 2024 | 9 holders, $984m | 32 holders, $28.9bn |
| Q1 2025 | 9 holders, $1.2bn | 32 holders, $31.9bn |
| Q2 2025 | 8 holders, $1.1bn | 31 holders, $31.8bn |
| Q3 2025 | 12 holders, $679m | 28 holders, $31.5bn |
| Q4 2025 | 14 holders, $991m | 36 holders, $30.2bn |
| Q1 2026 | 19 holders, $2.9bn | 35 holders, $37.0bn |
| Q2 2026 | 19 holders, $2.3bn | 34 holders, $40.4bn |
Dow HLDGS Inc
- Holders
- 19
- Reported value
- $2.9bn
- Buyers
- 18
- Sellers
- 16
Breadth +2 among 91 comparable managers.
Linde PLC
- Holders
- 35
- Reported value
- $37.0bn
- Buyers
- 20
- Sellers
- 27
Breadth -7 among 91 comparable managers.
Who holds both, Q1 2026
Both (14)
Acadian Asset Management LLC, AQR Capital Management LLC, Capital Research Global Investors, Capital World Investors, D. E. Shaw & Co., Dodge & Cox, Holocene Advisors LP, Invesco Ltd, Man Group PLC, Marshall Wace LLP, Neuberger Berman Group LLC, Schonfeld Strategic Advisors LLC, Two Sigma Investments LP, Winton Group Ltd
Only DOW (5)
Balyasny Asset Management LLC, Millennium Management LLC, Quantbot Technologies LP, Tudor Investment Corp, Voloridge Investment Management LLC
Only LIN (21)
AllianceBernstein LP, Arrowstreet Capital LP, Artisan Partners LP, Brevan Howard Capital Management LP, Davidson Kempner Capital Management LP, Egerton Capital UK LLP, Fidelity (FMR LLC), Hudson Bay Capital Management LP, Markel Group Inc, Maverick Capital Ltd, MFS Investment Management, Point72 Asset Management LP, Renaissance Technologies LLC, Rokos Capital Management LLP, Soros Fund Management LLC, Squarepoint Ops LLC, Steadfast Capital Management LP, T. Rowe Price Associates Inc, Walleye Capital LLC, Wellington Management Group LLP, 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.