Holders over time
- MRSH
- V
| Quarter | MRSH | V |
|---|---|---|
| Q3 2020 | 21 holders, $12.5bn | 55 holders, $62.2bn |
| Q4 2020 | 25 holders, $13.5bn | 52 holders, $67.1bn |
| Q1 2021 | 23 holders, $14.2bn | 58 holders, $64.5bn |
| Q2 2021 | 25 holders, $16.2bn | 52 holders, $69.3bn |
| Q3 2021 | 26 holders, $16.5bn | 56 holders, $63.6bn |
| Q4 2021 | 27 holders, $17.9bn | 47 holders, $58.0bn |
| Q1 2022 | 26 holders, $17.2bn | 59 holders, $61.8bn |
| Q2 2022 | 25 holders, $15.2bn | 57 holders, $55.2bn |
| Q3 2022 | 28 holders, $13.6bn | 57 holders, $50.7bn |
| Q4 2022 | 27 holders, $14.6bn | 54 holders, $59.4bn |
| Q1 2023 | 30 holders, $14.8bn | 55 holders, $64.0bn |
| Q2 2023 | 27 holders, $16.4bn | 54 holders, $65.2bn |
| Q3 2023 | 27 holders, $16.5bn | 55 holders, $61.5bn |
| Q4 2023 | 21 holders, $16.5bn | 48 holders, $68.6bn |
| Q1 2024 | 25 holders, $17.8bn | 50 holders, $73.1bn |
| Q2 2024 | 26 holders, $18.3bn | 45 holders, $69.5bn |
| Q3 2024 | 28 holders, $19.2bn | 47 holders, $70.5bn |
| Q4 2024 | 30 holders, $18.5bn | 48 holders, $77.6bn |
| Q1 2025 | 25 holders, $22.7bn | 43 holders, $83.5bn |
| Q2 2025 | 31 holders, $21.5bn | 45 holders, $83.4bn |
| Q3 2025 | 30 holders, $19.9bn | 48 holders, $82.8bn |
| Q4 2025 | 30 holders, $18.2bn | 49 holders, $86.0bn |
| Q1 2026 | 23 holders, $18.4bn | 49 holders, $73.3bn |
| Q2 2026 | 24 holders, $17.9bn | 52 holders, $81.9bn |
Marsh & Mclennan Cos Inc
- Holders
- 23
- Reported value
- $18.4bn
- Buyers
- 16
- Sellers
- 27
Breadth -11 among 91 comparable managers.
Visa Inc
- Holders
- 49
- Reported value
- $73.3bn
- Buyers
- 31
- Sellers
- 27
Breadth +4 among 91 comparable managers.
Who holds both, Q1 2026
Both (21)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Artisan Partners LP, Capital Research Global Investors, Capital World Investors, D. E. Shaw & Co., Fidelity (FMR LLC), GAMCO Investors Inc, Harris Associates LP, Holocene Advisors LP, Invesco Ltd, Man Group PLC, Markel Group Inc, Marshall Wace LLP, MFS Investment Management, Renaissance Technologies LLC, T. Rowe Price Associates Inc, Two Sigma Investments LP, Voloridge Investment Management LLC, Wellington Management Group LLP
Only MRSH (2)
Only V (28)
Akre Capital Management LLC, Balyasny Asset Management LLC, Baupost Group LLC, Bridgewater Associates LP, Citadel Advisors LLC, Coatue Management LLC, Dodge & Cox, Egerton Capital UK LLP, ExodusPoint Capital Management LP, Farallon Capital Management LLC, Janus Henderson Group Ltd, Lone Pine Capital LLC, Maverick Capital Ltd, Millennium Management LLC, Moore Capital Management LP, Neuberger Berman Group LLC, Point72 Asset Management LP, Polen Capital Management LLC, Quantbot Technologies LP, Rokos Capital Management LLP, Soroban Capital Partners LP, Squarepoint Ops LLC, TCI Fund Management Ltd, ValueAct Holdings LP, Viking Global Investors LP, and 3 more
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.