Holders over time
- HCC
- CNQ
| Quarter | HCC | CNQ |
|---|---|---|
| Q3 2020 | 3 holders, $15m | 10 holders, $3.6bn |
| Q4 2020 | 6 holders, $48m | 12 holders, $6.6bn |
| Q1 2021 | 3 holders, $4.2m | 16 holders, $9.4bn |
| Q2 2021 | 1 holders, $1.3m | 15 holders, $11.4bn |
| Q3 2021 | 2 holders, $1.9m | 16 holders, $11.6bn |
| Q4 2021 | 5 holders, $47m | 15 holders, $14.1bn |
| Q1 2022 | 11 holders, $184m | 17 holders, $23.2bn |
| Q2 2022 | 6 holders, $113m | 18 holders, $19.8bn |
| Q3 2022 | 6 holders, $86m | 20 holders, $15.6bn |
| Q4 2022 | 4 holders, $76m | 16 holders, $19.0bn |
| Q1 2023 | 5 holders, $75m | 14 holders, $18.3bn |
| Q2 2023 | 6 holders, $97m | 14 holders, $17.5bn |
| Q3 2023 | 4 holders, $90m | 15 holders, $20.0bn |
| Q4 2023 | 5 holders, $97m | 13 holders, $19.1bn |
| Q1 2024 | 5 holders, $108m | 19 holders, $22.3bn |
| Q2 2024 | 3 holders, $98m | 17 holders, $19.1bn |
| Q3 2024 | 6 holders, $156m | 20 holders, $17.1bn |
| Q4 2024 | 4 holders, $112m | 19 holders, $15.5bn |
| Q1 2025 | 5 holders, $107m | 22 holders, $13.9bn |
| Q2 2025 | 5 holders, $77m | 17 holders, $13.9bn |
| Q3 2025 | 4 holders, $236m | 13 holders, $13.9bn |
| Q4 2025 | 3 holders, $298m | 14 holders, $16.3bn |
| Q1 2026 | 5 holders, $97m | 13 holders, $25.7bn |
| Q2 2026 | 6 holders, $397m | 16 holders, $19.1bn |
Warrior Met Coal Inc
- Holders
- 5
- Reported value
- $97m
- Buyers
- 20
- Sellers
- 10
Breadth +10 among 91 comparable managers.
Canadian Nat Res LTD Med Ter
- Holders
- 13
- Reported value
- $25.7bn
- Buyers
- 19
- Sellers
- 13
Breadth +6 among 91 comparable managers.
Who holds both, Q1 2026
Only CNQ (11)
AQR Capital Management LLC, Arrowstreet Capital LP, Capital Research Global Investors, Capital World Investors, Egerton Capital UK LLP, Fidelity (FMR LLC), Janus Henderson Group Ltd, Maverick Capital Ltd, MFS Investment Management, T. Rowe Price Associates Inc, Wellington Management Group LLP
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.