L3VLUP
Quarter end
31 Dec 2023
the date the book describes
Filed
5 Nov 2026
latest of these filings; the earliest 26 Jan 2024
Managers listing it
46
at least, of 95 tracked, among listed positions
Comparable managers
93
filed both Q3 2023 and Q4 2023; 45 listed it in both
Shares listed
121,292,500
combined, among listed positions
Reported value
$51.7bn
combined, at the quarter end

Among the 93 comparable managers: 22 buyers (opened or added shares) and 21 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.

Managers listing MA in Q4 2023

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2023, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

46 of 46 holders

ActionFiling
T. Rowe Price Associates Inc20,741,052$8.8bn1.19%Trimmed-1,724,94316 Feb 2024 (the filing on sec.gov)
Fidelity (FMR LLC)20,577,656$8.8bn0.67%Trimmed-228,4055 Nov 2026 (the filing on sec.gov)
Capital Research Global Investors13,608,023$5.8bn1.43%Added+605,90913 Feb 2024 (the filing on sec.gov)
Wellington Management Group LLP11,362,251$4.8bn0.90%Trimmed-686,59512 Feb 2024 (the filing on sec.gov)
Janus Henderson Group Ltd7,729,644$3.3bn1.97%Trimmed-389,05714 Feb 2024 (the filing on sec.gov)
MFS Investment Management6,278,689$2.7bn0.86%Trimmed-128,4528 Feb 2024 (the filing on sec.gov)
Akre Capital Management LLC5,061,834$2.2bn18.17%Trimmed-788,9279 Feb 2024 (the filing on sec.gov)
Polen Capital Management LLC4,646,772$2.0bn4.78%Trimmed-151,25410 May 2024 (the filing on sec.gov)
AllianceBernstein LP4,540,825$1.9bn0.75%Trimmed-176,87714 Feb 2024 (the filing on sec.gov)
Invesco Ltd4,057,533$1.7bn0.41%Trimmed-105,44613 Feb 2024 (the filing on sec.gov)
Berkshire Hathaway Inc3,986,648$1.7bn0.48%Held014 Feb 2024 (the filing on sec.gov)
Capital World Investors2,906,300$1.2bn0.22%Added+1,46713 Feb 2024 (the filing on sec.gov)
Baillie Gifford & Co2,317,173$988m0.78%Trimmed-92,61526 Jan 2024 (the filing on sec.gov)
Arrowstreet Capital LP2,229,178$951m1.00%Trimmed-299,95014 Feb 2024 (the filing on sec.gov)
Neuberger Berman Group LLC1,562,625$666m0.58%Added+38,48314 Nov 2024 (the filing on sec.gov)
Viking Global Investors LP1,157,231$494m1.81%Added+864,94314 Feb 2024 (the filing on sec.gov)
Lone Pine Capital LLC1,100,790$469m4.06%Trimmed-645,55214 Feb 2024 (the filing on sec.gov)
Millennium Management LLC964,999$412m0.18%Added+585,20714 Feb 2024 (the filing on sec.gov)
Two Sigma Advisers LP732,600$312m0.73%Added+487,60014 Feb 2024 (the filing on sec.gov)
Farallon Capital Management LLC619,471$264m1.21%Added+13,00014 Feb 2024 (the filing on sec.gov)
Marshall Wace LLP591,771$252m0.43%Added+460,38914 Feb 2024 (the filing on sec.gov)
Two Sigma Investments LP544,629$232m0.53%Added+149,58414 Feb 2024 (the filing on sec.gov)
Egerton Capital UK LLP538,004$229m2.49%Trimmed-728,93012 Feb 2024 (the filing on sec.gov)
AQR Capital Management LLC391,701$167m0.31%Trimmed-67,07514 Feb 2024 (the filing on sec.gov)
Man Group PLC382,355$163m0.45%Added+73,79714 Feb 2024 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2023 to Q4 2023, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Exited (0)

No exit shown by a manager’s own filing.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
43 in Q3 2024 to 43 in Q2 2026

Tracked managers listing it, at least.

02040602014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
MA by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201331$13.4bnn.a.n.a.
Q3 201336$15.8bnn.a.n.a.
Q4 201335$19.7bnn.a.n.a.
Q1 201433$15.5bnn.a.n.a.
Q2 201439$15.7bnn.a.n.a.
Q3 201444$17.0bnn.a.n.a.
Q4 201440$20.2bnn.a.n.a.
Q1 201536$19.4bnn.a.n.a.
Q2 201534$20.7bnn.a.n.a.
Q3 201538$19.5bnn.a.n.a.
Q4 201537$19.9bnn.a.n.a.
Q1 201639$18.9bnn.a.n.a.
Q2 201641$17.9bnn.a.n.a.
Q3 201643$20.7bnn.a.n.a.
Q4 201640$19.9bnn.a.n.a.
Q1 201736$20.8bnn.a.n.a.
Q2 201739$24.8bnn.a.n.a.
Q3 201742$29.2bnn.a.n.a.
Q4 201744$29.6bnn.a.n.a.
Q1 201845$33.7bnn.a.n.a.
Q2 201847$38.2bnn.a.n.a.
Q3 201844$43.0bnn.a.n.a.
Q4 201847$37.6bnn.a.n.a.
Q1 201945$46.4bnn.a.n.a.
Q2 201950$52.4bnn.a.n.a.
Q3 201946$52.0bnn.a.n.a.
Q4 201944$56.2bnn.a.n.a.
Q1 202051$41.8bnn.a.n.a.
Q2 202047$49.3bnn.a.n.a.
Q3 202045$56.1bnn.a.n.a.
Q4 202052$57.9bnn.a.n.a.
Q1 202150$56.4bnn.a.n.a.
Q2 202150$54.9bnn.a.n.a.
Q3 202150$48.9bnn.a.n.a.
Q4 202142$49.3bnn.a.n.a.
Q1 202238$50.1bnn.a.n.a.
Q2 202248$45.4bnn.a.n.a.
Q3 202253$40.8bnn.a.n.a.
Q4 202237$65.6bnn.a.n.a.
Q1 202345$50.3bnn.a.n.a.
Q2 202347$51.2bnn.a.n.a.
Q3 202352$49.7bnn.a.n.a.
Q4 202346$51.7bn2221
Q1 202448$58.0bn2025
Q2 202449$51.2bn2424
Q3 202443$55.8bn1330
Q4 202443$58.3bn1823
Q1 202549$64.7bn3018
Q2 202550$68.3bn3215
Q3 202544$68.1bn1726
Q4 202543$65.6bn1930
Q1 202646$57.4bn2827
Q2 202643$58.1bn2429

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

MA and V →MA and AXP →MA and BAC →Choose a stock to compare with MA →

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. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own MA, latest filings →Back to the 13F Explorer →