- Quarter end
- 30 Sep 2025
- the date the book describes
- Filed
- 9 Dec 2025
- latest of these filings; the earliest 29 Oct 2025
- Managers listing it
- 27
- at least, of 95 tracked, among listed positions
- Comparable managers
- 95
- filed both Q2 2025 and Q3 2025; 18 listed it in both
- Shares listed
- 101,301,316
- combined, among listed positions
- Reported value
- $6.7bn
- combined, at the quarter end
Among the 95 comparable managers: 20 buyers (opened or added shares) and 7 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 MO in Q3 2025
27 of 27 holders
Largest increases and reductions, by shares
Increases
- Marshall Wace LLPexisting position · 4,479,699 shares now+3,321,262
- Freestone Grove Partners LPnew position · 1,354,221 shares now+1,354,221
- Millennium Management LLCexisting position · 2,929,787 shares now+978,598
- AQR Capital Management LLCexisting position · 5,272,845 shares now+629,031
- Acadian Asset Management LLCexisting position · 1,551,365 shares now+520,314
Reductions
- Capital World Investorsexisting position · 25,026,010 shares now-10,379,100
- Arrowstreet Capital LPexisting position · 13,797,675 shares now-5,546,557
- Renaissance Technologies LLCexisting position · 1,843,234 shares now-303,581
- Invesco Ltdexisting position · 11,835,816 shares now-213,020
- Bridgewater Associates LPexisting position · 3,695,606 shares now-75,260
New positions and exits
New (4)
Exited (1)
- Artisan Partners LPwas $36m
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q2 2013 | 21 | $9.0bn | n.a. | n.a. |
| Q3 2013 | 22 | $8.8bn | n.a. | n.a. |
| Q4 2013 | 19 | $9.0bn | n.a. | n.a. |
| Q1 2014 | 19 | $9.0bn | n.a. | n.a. |
| Q2 2014 | 21 | $10.5bn | n.a. | n.a. |
| Q3 2014 | 23 | $11.4bn | n.a. | n.a. |
| Q4 2014 | 17 | $11.3bn | n.a. | n.a. |
| Q1 2015 | 28 | $10.7bn | n.a. | n.a. |
| Q2 2015 | 24 | $10.1bn | n.a. | n.a. |
| Q3 2015 | 26 | $10.8bn | n.a. | n.a. |
| Q4 2015 | 23 | $11.1bn | n.a. | n.a. |
| Q1 2016 | 25 | $11.9bn | n.a. | n.a. |
| Q2 2016 | 28 | $13.4bn | n.a. | n.a. |
| Q3 2016 | 25 | $12.0bn | n.a. | n.a. |
| Q4 2016 | 25 | $12.7bn | n.a. | n.a. |
| Q1 2017 | 29 | $14.2bn | n.a. | n.a. |
| Q2 2017 | 24 | $15.7bn | n.a. | n.a. |
| Q3 2017 | 29 | $12.7bn | n.a. | n.a. |
| Q4 2017 | 24 | $14.2bn | n.a. | n.a. |
| Q1 2018 | 15 | $13.4bn | n.a. | n.a. |
| Q2 2018 | 22 | $12.1bn | n.a. | n.a. |
| Q3 2018 | 24 | $12.0bn | n.a. | n.a. |
| Q4 2018 | 22 | $10.1bn | n.a. | n.a. |
| Q1 2019 | 18 | $15.8bn | n.a. | n.a. |
| Q2 2019 | 19 | $12.5bn | n.a. | n.a. |
| Q3 2019 | 29 | $10.3bn | n.a. | n.a. |
| Q4 2019 | 26 | $13.1bn | n.a. | n.a. |
| Q1 2020 | 27 | $10.7bn | n.a. | n.a. |
| Q2 2020 | 21 | $10.0bn | n.a. | n.a. |
| Q3 2020 | 25 | $9.6bn | n.a. | n.a. |
| Q4 2020 | 17 | $9.9bn | n.a. | n.a. |
| Q1 2021 | 17 | $12.6bn | n.a. | n.a. |
| Q2 2021 | 20 | $11.9bn | n.a. | n.a. |
| Q3 2021 | 20 | $11.3bn | n.a. | n.a. |
| Q4 2021 | 18 | $10.5bn | n.a. | n.a. |
| Q1 2022 | 24 | $12.1bn | n.a. | n.a. |
| Q2 2022 | 29 | $8.5bn | n.a. | n.a. |
| Q3 2022 | 25 | $7.6bn | n.a. | n.a. |
| Q4 2022 | 22 | $8.4bn | n.a. | n.a. |
| Q1 2023 | 24 | $9.0bn | n.a. | n.a. |
| Q2 2023 | 19 | $9.0bn | n.a. | n.a. |
| Q3 2023 | 21 | $7.3bn | n.a. | n.a. |
| Q4 2023 | 19 | $6.5bn | 15 | 5 |
| Q1 2024 | 20 | $7.3bn | 11 | 8 |
| Q2 2024 | 20 | $7.3bn | 10 | 9 |
| Q3 2024 | 20 | $7.3bn | 10 | 10 |
| Q4 2024 | 19 | $7.3bn | 13 | 5 |
| Q1 2025 | 19 | $8.1bn | 10 | 10 |
| Q2 2025 | 20 | $6.1bn | 10 | 11 |
| Q3 2025 | 27 | $6.7bn | 20 | 7 |
| Q4 2025 | 22 | $4.7bn | 13 | 26 |
| Q1 2026 | 22 | $6.2bn | 20 | 20 |
| Q2 2026 | 21 | $8.8bn | 20 | 20 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
MO and PM →MO and KO →MO and COST →Choose a stock to compare with MO →
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 MO, latest filings →Back to the 13F Explorer →