L3VLUP
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
37
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q4 2024 and Q1 2025; 31 listed it in both
Shares listed
37,830,095
combined, among listed positions
Reported value
$19.2bn
combined, at the quarter end

Among the 95 comparable managers: 22 buyers (opened or added shares) and 12 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 SPGI in Q1 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q4 2024, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

37 of 37 holders

ActionFiling
TCI Fund Management Ltd10,361,269$5.3bn12.14%Trimmed-38,80815 May 2025 (the filing on sec.gov)
Wellington Management Group LLP6,446,793$3.3bn0.63%Trimmed-1,344,28813 May 2025 (the filing on sec.gov)
Fidelity (FMR LLC)5,957,749$3.0bn0.19%Added+63,6395 Nov 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc2,947,239$1.5bn0.18%Added+614,80914 May 2025 (the filing on sec.gov)
Invesco Ltd2,792,503$1.4bn0.27%Trimmed-99,38112 May 2025 (the filing on sec.gov)
Neuberger Berman Group LLC1,606,264$816m0.68%Trimmed-75,60227 Oct 2026 (the filing on sec.gov)
Capital Research Global Investors1,244,376$632m0.14%Trimmed-391,80612 May 2025 (the filing on sec.gov)
Baillie Gifford & Co796,189$405m0.35%Trimmed-56,9217 May 2025 (the filing on sec.gov)
AllianceBernstein LP766,154$389m0.14%Added+210,37315 May 2025 (the filing on sec.gov)
Capital World Investors752,100$382m0.06%Trimmed-113,37112 May 2025 (the filing on sec.gov)
Artisan Partners LP697,454$354m0.57%Added+2,53114 May 2025 (the filing on sec.gov)
Millennium Management LLC585,490$297m0.16%Trimmed-38,63315 May 2025 (the filing on sec.gov)
Citadel Advisors LLC351,935$179munder 0.1%Added+4,92215 May 2025 (the filing on sec.gov)
Janus Henderson Group Ltd342,717$172m0.09%Trimmed-2,13915 May 2025 (the filing on sec.gov)
Man Group PLC282,738$144m0.36%Added+37,09215 May 2025 (the filing on sec.gov)
Holocene Advisors LP240,204$122m0.36%Added+24,68615 May 2025 (the filing on sec.gov)
Arrowstreet Capital LP225,798$115m0.09%Added+112,89114 May 2025 (the filing on sec.gov)
Marshall Wace LLP203,686$103m0.13%Added+6,41615 May 2025 (the filing on sec.gov)
Voloridge Investment Management LLC200,299$102m0.38%Added+75,41315 May 2025 (the filing on sec.gov)
Markel Group Inc150,690$77m0.68%Held02 May 2025 (the filing on sec.gov)
Bridgewater Associates LP144,481$73m0.34%Added+49,28114 May 2025 (the filing on sec.gov)
AQR Capital Management LLC141,919$71m0.07%Addedn.a.15 May 2025 (the filing on sec.gov)
Renaissance Technologies LLC122,122$62m0.09%Added+15,90014 May 2025 (the filing on sec.gov)
Two Sigma Advisers LP99,506$51m0.11%Addedn.a.15 May 2025 (the filing on sec.gov)
Freestone Grove Partners LP89,108$45m0.47%Added+86,34015 May 2025 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q4 2024 to Q1 2025, 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.
39 in Q3 2024 to 35 in Q2 2026

Tracked managers listing it, at least.

020406020162017201820192020202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
SPGI by quarter
QuarterHoldersReported valueBuyersSellers
Q1 20161$103mn.a.n.a.
Q2 201624$5.2bnn.a.n.a.
Q3 201623$6.3bnn.a.n.a.
Q4 201629$4.7bnn.a.n.a.
Q1 201736$5.6bnn.a.n.a.
Q2 201730$6.0bnn.a.n.a.
Q3 201730$6.0bnn.a.n.a.
Q4 201727$6.2bnn.a.n.a.
Q1 201833$6.7bnn.a.n.a.
Q2 201826$7.1bnn.a.n.a.
Q3 201828$6.2bnn.a.n.a.
Q4 201829$5.3bnn.a.n.a.
Q1 201931$7.1bnn.a.n.a.
Q2 201933$8.6bnn.a.n.a.
Q3 201940$8.7bnn.a.n.a.
Q4 201936$8.9bnn.a.n.a.
Q1 202034$8.0bnn.a.n.a.
Q2 202033$11.1bnn.a.n.a.
Q3 202032$11.7bnn.a.n.a.
Q4 202038$11.8bnn.a.n.a.
Q1 202135$16.0bnn.a.n.a.
Q2 202139$19.8bnn.a.n.a.
Q3 202141$19.8bnn.a.n.a.
Q4 202144$21.9bnn.a.n.a.
Q1 202242$22.3bnn.a.n.a.
Q2 202233$16.2bnn.a.n.a.
Q3 202235$13.6bnn.a.n.a.
Q4 202233$14.5bnn.a.n.a.
Q1 202335$14.9bnn.a.n.a.
Q2 202327$17.0bnn.a.n.a.
Q3 202328$14.9bnn.a.n.a.
Q4 202335$18.3bn1817
Q1 202444$17.8bn2118
Q2 202437$19.2bn1522
Q3 202439$21.1bn1719
Q4 202432$19.1bn1220
Q1 202537$19.2bn2212
Q2 202539$19.7bn2017
Q3 202538$17.9bn2215
Q4 202532$17.2bn2126
Q1 202636$16.1bn2522
Q2 202635$16.6bn2323

Compare with…

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

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

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 SPGI, latest filings →Back to the 13F Explorer →