Holders over time
- RGLD
- AXP
| Quarter | RGLD | AXP |
|---|---|---|
| Q3 2020 | 12 holders, $1.5bn | 24 holders, $25.7bn |
| Q4 2020 | 11 holders, $1.4bn | 21 holders, $30.8bn |
| Q1 2021 | 7 holders, $1.4bn | 24 holders, $36.9bn |
| Q2 2021 | 6 holders, $1.5bn | 21 holders, $42.9bn |
| Q3 2021 | 6 holders, $1.3bn | 26 holders, $42.0bn |
| Q4 2021 | 10 holders, $1.5bn | 27 holders, $39.7bn |
| Q1 2022 | 7 holders, $1.8bn | 20 holders, $45.0bn |
| Q2 2022 | 11 holders, $1.2bn | 36 holders, $33.2bn |
| Q3 2022 | 7 holders, $1.1bn | 35 holders, $32.3bn |
| Q4 2022 | 7 holders, $1.3bn | 35 holders, $34.4bn |
| Q1 2023 | 10 holders, $1.6bn | 32 holders, $38.7bn |
| Q2 2023 | 8 holders, $1.4bn | 30 holders, $40.1bn |
| Q3 2023 | 8 holders, $1.5bn | 34 holders, $34.1bn |
| Q4 2023 | 8 holders, $1.6bn | 28 holders, $42.5bn |
| Q1 2024 | 9 holders, $1.6bn | 33 holders, $52.6bn |
| Q2 2024 | 10 holders, $1.7bn | 31 holders, $52.6bn |
| Q3 2024 | 8 holders, $2.0bn | 30 holders, $60.7bn |
| Q4 2024 | 8 holders, $1.9bn | 26 holders, $65.8bn |
| Q1 2025 | 10 holders, $2.5bn | 33 holders, $59.9bn |
| Q2 2025 | 10 holders, $2.8bn | 29 holders, $69.4bn |
| Q3 2025 | 14 holders, $2.9bn | 30 holders, $70.8bn |
| Q4 2025 | 10 holders, $3.4bn | 31 holders, $77.2bn |
| Q1 2026 | 18 holders, $4.5bn | 33 holders, $61.2bn |
| Q2 2026 | 12 holders, $3.1bn | 30 holders, $65.4bn |
Royal Gold Inc
- Holders
- 18
- Reported value
- $4.5bn
- Buyers
- 22
- Sellers
- 14
Breadth +8 among 91 comparable managers.
American Express Co
- Holders
- 33
- Reported value
- $61.2bn
- Buyers
- 22
- Sellers
- 21
Breadth +1 among 91 comparable managers.
Who holds both, Q1 2026
Both (11)
AQR Capital Management LLC, Arrowstreet Capital LP, Brevan Howard Capital Management LP, Capital Research Global Investors, Capital World Investors, First Eagle Investment Management LLC, GAMCO Investors Inc, Invesco Ltd, Millennium Management LLC, Neuberger Berman Group LLC, Voloridge Investment Management LLC
Only RGLD (7)
Maverick Capital Ltd, Quantbot Technologies LP, Schonfeld Strategic Advisors LLC, Squarepoint Ops LLC, Tudor Investment Corp, Verition Fund Management LLC, Walleye Capital LLC
Only AXP (22)
AllianceBernstein LP, Artisan Partners LP, Balyasny Asset Management LLC, Berkshire Hathaway Inc, Bridgewater Associates LP, D. E. Shaw & Co., Dodge & Cox, Fidelity (FMR LLC), Harris Associates LP, Hudson Bay Capital Management LP, Janus Henderson Group Ltd, Man Group PLC, Markel Group Inc, Marshall Wace LLP, MFS Investment Management, PDT Partners LLC, Renaissance Technologies LLC, Ruane Cunniff & Goldfarb LP, T. Rowe Price Associates Inc, Wellington Management Group LLP, Winton Group 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.