Holders over time
- ECL
- PM
| Quarter | ECL | PM |
|---|---|---|
| Q3 2020 | 21 holders, $2.4bn | 25 holders, $19.7bn |
| Q4 2020 | 13 holders, $2.4bn | 25 holders, $21.5bn |
| Q1 2021 | 15 holders, $2.4bn | 27 holders, $22.1bn |
| Q2 2021 | 21 holders, $2.8bn | 20 holders, $23.2bn |
| Q3 2021 | 14 holders, $2.7bn | 25 holders, $22.8bn |
| Q4 2021 | 15 holders, $3.5bn | 26 holders, $22.3bn |
| Q1 2022 | 18 holders, $3.3bn | 29 holders, $23.2bn |
| Q2 2022 | 17 holders, $2.9bn | 28 holders, $25.8bn |
| Q3 2022 | 16 holders, $2.6bn | 33 holders, $22.2bn |
| Q4 2022 | 18 holders, $3.0bn | 26 holders, $27.0bn |
| Q1 2023 | 18 holders, $3.5bn | 36 holders, $27.6bn |
| Q2 2023 | 18 holders, $3.5bn | 29 holders, $28.9bn |
| Q3 2023 | 17 holders, $2.9bn | 32 holders, $28.5bn |
| Q4 2023 | 17 holders, $2.9bn | 34 holders, $28.8bn |
| Q1 2024 | 22 holders, $4.2bn | 36 holders, $28.4bn |
| Q2 2024 | 20 holders, $4.7bn | 31 holders, $31.4bn |
| Q3 2024 | 24 holders, $4.9bn | 39 holders, $38.2bn |
| Q4 2024 | 23 holders, $4.4bn | 40 holders, $36.6bn |
| Q1 2025 | 29 holders, $4.9bn | 44 holders, $49.1bn |
| Q2 2025 | 25 holders, $5.1bn | 44 holders, $54.3bn |
| Q3 2025 | 25 holders, $5.0bn | 36 holders, $49.3bn |
| Q4 2025 | 23 holders, $4.6bn | 26 holders, $50.5bn |
| Q1 2026 | 24 holders, $4.5bn | 25 holders, $57.3bn |
| Q2 2026 | 23 holders, $4.1bn | 27 holders, $63.8bn |
Ecolab Inc
- Holders
- 23
- Reported value
- $4.1bn
- Buyers
- 21
- Sellers
- 21
Breadth 0 among 91 comparable managers.
Philip Morris Intl Inc
- Holders
- 27
- Reported value
- $63.8bn
- Buyers
- 20
- Sellers
- 19
Breadth +1 among 91 comparable managers.
Who holds both, Q2 2026
Both (12)
Acadian Asset Management LLC, AllianceBernstein LP, Arrowstreet Capital LP, Baillie Gifford & Co, Brevan Howard Capital Management LP, Capital Research Global Investors, Freestone Grove Partners LP, Invesco Ltd, Janus Henderson Group Ltd, Markel Group Inc, Neuberger Berman Group LLC, Woodline Partners LP
Only ECL (11)
Balyasny Asset Management LLC, Caxton Associates LLP, Citadel Advisors LLC, GAMCO Investors Inc, Hudson Bay Capital Management LP, Man Group PLC, Marshall Wace LLP, Moore Capital Management LP, Point72 Asset Management LP, Rokos Capital Management LLP, Schonfeld Strategic Advisors LLC
Only PM (15)
AQR Capital Management LLC, Artisan Partners LP, Capital World Investors, Dodge & Cox, Element Capital Management LLC, Fidelity (FMR LLC), First Eagle Investment Management LLC, Harris Associates LP, Holocene Advisors LP, Maverick Capital Ltd, MFS Investment Management, Millennium Management LLC, Soros Fund Management LLC, 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.