- Quarter end
- 31 Mar 2025
- the date the book describes
- Filed
- 5 Nov 2026
- latest of these filings; the earliest 2 May 2025
- Managers listing it
- 29
- at least, of 95 tracked, among listed positions
- Comparable managers
- 95
- filed both Q4 2024 and Q1 2025; 23 listed it in both
- Shares listed
- 116,325,628
- combined, among listed positions
- Reported value
- $19.8bn
- combined, at the quarter end
Among the 95 comparable managers: 18 buyers (opened or added shares) and 13 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 PG in Q1 2025
29 of 29 holders
What managers have written about PG
Shown because the letter names the company. A letter is commentary; it is not a record of why a position changed.
- Trian's July 2017 letter to Procter & Gamble shareholders31 Jul 2017 · Activist letter · Subject of the letter · Trian Fund Management LP’s 13F
- Before the letter
- 30 Jun 2017 (Q2 2017 13F): 37,612,012 shares, reported at $3.3bn.
- After the letter
- 30 Sep 2017 (Q3 2017 13F): 37,908,621 shares, reported at $3.4bn.
296,609 more shares listed at 30 Sep 2017 than at 30 Jun 2017.
Largest increases and reductions, by shares
Increases
- T. Rowe Price Associates Incexisting position · 21,480,670 shares now+2,466,308
- Invesco Ltdexisting position · 13,493,604 shares now+2,228,151
- Fidelity (FMR LLC)existing position · 25,859,572 shares now+1,536,858
- Arrowstreet Capital LPexisting position · 1,386,593 shares now+1,018,140
- Capital Research Global Investorsexisting position · 8,278,805 shares now+880,685
Reductions
- Wellington Management Group LLPexisting position · 22,263,429 shares now-1,964,746
- AllianceBernstein LPexisting position · 6,089,905 shares now-1,756,137
- Capital World Investorsexisting position · 5,165,361 shares now-1,690,850
- Squarepoint Ops LLCexisting position · 261,310 shares now-830,304
- Verition Fund Management LLCexisting position · 54,342 shares now-330,052
New positions and exits
New (5)
Exited (2)
- Renaissance Technologies LLCwas $70m
- Freestone Grove Partners LPwas $60m
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q2 2013 | 23 | $20.8bn | n.a. | n.a. |
| Q3 2013 | 27 | $19.7bn | n.a. | n.a. |
| Q4 2013 | 28 | $22.0bn | n.a. | n.a. |
| Q1 2014 | 23 | $21.7bn | n.a. | n.a. |
| Q2 2014 | 30 | $20.3bn | n.a. | n.a. |
| Q3 2014 | 26 | $21.6bn | n.a. | n.a. |
| Q4 2014 | 25 | $23.2bn | n.a. | n.a. |
| Q1 2015 | 31 | $19.4bn | n.a. | n.a. |
| Q2 2015 | 26 | $18.1bn | n.a. | n.a. |
| Q3 2015 | 29 | $16.6bn | n.a. | n.a. |
| Q4 2015 | 27 | $18.2bn | n.a. | n.a. |
| Q1 2016 | 31 | $14.9bn | n.a. | n.a. |
| Q2 2016 | 33 | $16.4bn | n.a. | n.a. |
| Q3 2016 | 30 | $27.8bn | n.a. | n.a. |
| Q4 2016 | 26 | $14.2bn | n.a. | n.a. |
| Q1 2017 | 29 | $17.4bn | n.a. | n.a. |
| Q2 2017 | 32 | $17.6bn | n.a. | n.a. |
| Q3 2017 | 29 | $17.4bn | n.a. | n.a. |
| Q4 2017 | 28 | $16.2bn | n.a. | n.a. |
| Q1 2018 | 34 | $13.5bn | n.a. | n.a. |
| Q2 2018 | 29 | $11.8bn | n.a. | n.a. |
| Q3 2018 | 32 | $12.8bn | n.a. | n.a. |
| Q4 2018 | 35 | $15.4bn | n.a. | n.a. |
| Q1 2019 | 30 | $17.9bn | n.a. | n.a. |
| Q2 2019 | 37 | $19.6bn | n.a. | n.a. |
| Q3 2019 | 35 | $22.7bn | n.a. | n.a. |
| Q4 2019 | 37 | $21.5bn | n.a. | n.a. |
| Q1 2020 | 44 | $20.7bn | n.a. | n.a. |
| Q2 2020 | 39 | $22.9bn | n.a. | n.a. |
| Q3 2020 | 39 | $27.6bn | n.a. | n.a. |
| Q4 2020 | 37 | $26.5bn | n.a. | n.a. |
| Q1 2021 | 28 | $23.9bn | n.a. | n.a. |
| Q2 2021 | 38 | $22.7bn | n.a. | n.a. |
| Q3 2021 | 34 | $22.6bn | n.a. | n.a. |
| Q4 2021 | 33 | $24.1bn | n.a. | n.a. |
| Q1 2022 | 39 | $24.6bn | n.a. | n.a. |
| Q2 2022 | 36 | $22.2bn | n.a. | n.a. |
| Q3 2022 | 35 | $18.2bn | n.a. | n.a. |
| Q4 2022 | 39 | $21.8bn | n.a. | n.a. |
| Q1 2023 | 36 | $22.3bn | n.a. | n.a. |
| Q2 2023 | 36 | $23.5bn | n.a. | n.a. |
| Q3 2023 | 36 | $22.6bn | n.a. | n.a. |
| Q4 2023 | 31 | $20.8bn | 16 | 18 |
| Q1 2024 | 32 | $22.7bn | 15 | 18 |
| Q2 2024 | 27 | $22.7bn | 8 | 22 |
| Q3 2024 | 27 | $22.2bn | 16 | 11 |
| Q4 2024 | 27 | $19.3bn | 13 | 13 |
| Q1 2025 | 29 | $19.8bn | 18 | 13 |
| Q2 2025 | 40 | $20.1bn | 29 | 12 |
| Q3 2025 | 39 | $20.2bn | 27 | 14 |
| Q4 2025 | 36 | $18.8bn | 22 | 25 |
| Q1 2026 | 25 | $18.0bn | 12 | 31 |
| Q2 2026 | 32 | $18.8bn | 22 | 20 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
PG and PM →PG and KO →PG and COST →Choose a stock to compare with PG →
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 PG, latest filings →Back to the 13F Explorer →