Holders over time
- ECL
- COST
| Quarter | ECL | COST |
|---|---|---|
| Q3 2020 | 21 holders, $2.4bn | 32 holders, $15.4bn |
| Q4 2020 | 13 holders, $2.4bn | 30 holders, $15.3bn |
| Q1 2021 | 15 holders, $2.4bn | 29 holders, $13.4bn |
| Q2 2021 | 21 holders, $2.8bn | 25 holders, $15.5bn |
| Q3 2021 | 14 holders, $2.7bn | 25 holders, $16.9bn |
| Q4 2021 | 15 holders, $3.5bn | 27 holders, $20.5bn |
| Q1 2022 | 18 holders, $3.3bn | 32 holders, $19.9bn |
| Q2 2022 | 17 holders, $2.9bn | 30 holders, $15.8bn |
| Q3 2022 | 16 holders, $2.6bn | 33 holders, $16.0bn |
| Q4 2022 | 18 holders, $3.0bn | 33 holders, $32.7bn |
| Q1 2023 | 18 holders, $3.5bn | 29 holders, $14.9bn |
| Q2 2023 | 18 holders, $3.5bn | 37 holders, $16.0bn |
| Q3 2023 | 17 holders, $2.9bn | 30 holders, $16.8bn |
| Q4 2023 | 17 holders, $2.9bn | 26 holders, $20.1bn |
| Q1 2024 | 22 holders, $4.2bn | 29 holders, $21.5bn |
| Q2 2024 | 20 holders, $4.7bn | 31 holders, $24.7bn |
| Q3 2024 | 24 holders, $4.9bn | 28 holders, $24.7bn |
| Q4 2024 | 23 holders, $4.4bn | 34 holders, $26.0bn |
| Q1 2025 | 29 holders, $4.9bn | 35 holders, $28.2bn |
| Q2 2025 | 25 holders, $5.1bn | 36 holders, $29.4bn |
| Q3 2025 | 25 holders, $5.0bn | 35 holders, $26.7bn |
| Q4 2025 | 23 holders, $4.6bn | 40 holders, $34.6bn |
| Q1 2026 | 24 holders, $4.5bn | 40 holders, $36.1bn |
| Q2 2026 | 23 holders, $4.1bn | 38 holders, $35.5bn |
Ecolab Inc
- Holders
- 24
- Reported value
- $4.5bn
- Buyers
- 20
- Sellers
- 23
Breadth -3 among 91 comparable managers.
Costco Wholesale Corporation
- Holders
- 40
- Reported value
- $36.1bn
- Buyers
- 21
- Sellers
- 23
Breadth -2 among 91 comparable managers.
Who holds both, Q1 2026
Both (21)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Brevan Howard Capital Management LP, Bridgewater Associates LP, Capital Research Global Investors, Capital World Investors, Caxton Associates LLP, Freestone Grove Partners LP, GAMCO Investors Inc, Invesco Ltd, Janus Henderson Group Ltd, Man Group PLC, Markel Group Inc, Neuberger Berman Group LLC, Quantbot Technologies LP, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Two Sigma Investments LP, Voloridge Investment Management LLC
Only ECL (3)
Baillie Gifford & Co, First Eagle Investment Management LLC, Renaissance Technologies LLC
Only COST (19)
Balyasny Asset Management LLC, Citadel Advisors LLC, D. E. Shaw & Co., ExodusPoint Capital Management LP, Fidelity (FMR LLC), Harris Associates LP, Hudson Bay Capital Management LP, Marshall Wace LLP, MFS Investment Management, Millennium Management LLC, PDT Partners LLC, Point72 Asset Management LP, Schonfeld Strategic Advisors LLC, Steadfast Capital Management LP, Tudor Investment Corp, Verition Fund Management LLC, 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.