- Quarter end
- 31 Dec 2023
- the date the book describes
- Filed
- 22 Feb 2024
- latest of these filings; the earliest 9 Feb 2024
- Managers listing it
- 14
- at least, of 95 tracked, among listed positions
- Comparable managers
- 93
- filed both Q3 2023 and Q4 2023; 12 listed it in both
- Shares listed
- 27,685,081
- combined, among listed positions
- Reported value
- $1.7bn
- combined, at the quarter end
Among the 93 comparable managers: 8 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 TAP in Q4 2023
14 of 14 holders
Largest increases and reductions, by shares
Increases
- AQR Capital Management LLCexisting position · 4,547,369 shares now+1,072,255
- Arrowstreet Capital LPexisting position · 1,055,203 shares now+599,418
- Tudor Investment Corpnew position · 197,426 shares now+197,426
- Winton Group Ltdexisting position · 177,690 shares now+137,647
- Bridgewater Associates LPexisting position · 465,219 shares now+97,900
Reductions
- Marshall Wace LLPexisting position · 2,877,320 shares now-892,220
- Two Sigma Advisers LPexisting position · 826,600 shares now-384,300
- Man Group PLCexisting position · 1,237,991 shares now-98,791
- Point72 Asset Management LPexisting position · 1,021,371 shares now-67,334
- Dodge & Coxexisting position · 14,652,014 shares now-36,650
New positions and exits
New (2)
Exited (1)
- Element Capital Management LLCwas $1.2m
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q2 2013 | 14 | $609m | n.a. | n.a. |
| Q3 2013 | 5 | $599m | n.a. | n.a. |
| Q4 2013 | 3 | $620m | n.a. | n.a. |
| Q1 2014 | 6 | $629m | n.a. | n.a. |
| Q2 2014 | 10 | $1.1bn | n.a. | n.a. |
| Q3 2014 | 15 | $1.2bn | n.a. | n.a. |
| Q4 2014 | 12 | $1.0bn | n.a. | n.a. |
| Q1 2015 | 17 | $1.2bn | n.a. | n.a. |
| Q2 2015 | 21 | $1.4bn | n.a. | n.a. |
| Q3 2015 | 21 | $1.9bn | n.a. | n.a. |
| Q4 2015 | 23 | $2.3bn | n.a. | n.a. |
| Q1 2016 | 23 | $3.3bn | n.a. | n.a. |
| Q2 2016 | 23 | $3.3bn | n.a. | n.a. |
| Q3 2016 | 25 | $3.5bn | n.a. | n.a. |
| Q4 2016 | 19 | $3.0bn | n.a. | n.a. |
| Q1 2017 | 16 | $2.9bn | n.a. | n.a. |
| Q2 2017 | 15 | $2.5bn | n.a. | n.a. |
| Q3 2017 | 15 | $1.9bn | n.a. | n.a. |
| Q4 2017 | 17 | $1.7bn | n.a. | n.a. |
| Q1 2018 | 11 | $956m | n.a. | n.a. |
| Q2 2018 | 10 | $937m | n.a. | n.a. |
| Q3 2018 | 11 | $855m | n.a. | n.a. |
| Q4 2018 | 14 | $880m | n.a. | n.a. |
| Q1 2019 | 10 | $1.0bn | n.a. | n.a. |
| Q2 2019 | 10 | $1.1bn | n.a. | n.a. |
| Q3 2019 | 11 | $1.3bn | n.a. | n.a. |
| Q4 2019 | 8 | $1.3bn | n.a. | n.a. |
| Q1 2020 | 9 | $1.2bn | n.a. | n.a. |
| Q2 2020 | 11 | $1.1bn | n.a. | n.a. |
| Q3 2020 | 9 | $1.1bn | n.a. | n.a. |
| Q4 2020 | 10 | $1.6bn | n.a. | n.a. |
| Q1 2021 | 10 | $2.0bn | n.a. | n.a. |
| Q2 2021 | 11 | $2.0bn | n.a. | n.a. |
| Q3 2021 | 6 | $1.5bn | n.a. | n.a. |
| Q4 2021 | 7 | $1.5bn | n.a. | n.a. |
| Q1 2022 | 7 | $1.8bn | n.a. | n.a. |
| Q2 2022 | 10 | $2.1bn | n.a. | n.a. |
| Q3 2022 | 8 | $1.6bn | n.a. | n.a. |
| Q4 2022 | 8 | $1.8bn | n.a. | n.a. |
| Q1 2023 | 9 | $1.7bn | n.a. | n.a. |
| Q2 2023 | 19 | $2.3bn | n.a. | n.a. |
| Q3 2023 | 17 | $2.2bn | n.a. | n.a. |
| Q4 2023 | 14 | $1.7bn | 8 | 7 |
| Q1 2024 | 10 | $1.6bn | 5 | 8 |
| Q2 2024 | 10 | $1.2bn | 8 | 3 |
| Q3 2024 | 6 | $1.3bn | 2 | 4 |
| Q4 2024 | 7 | $1.2bn | 3 | 4 |
| Q1 2025 | 6 | $1.1bn | 4 | 2 |
| Q2 2025 | 6 | $851m | 4 | 2 |
| Q3 2025 | 7 | $1.0bn | 5 | 2 |
| Q4 2025 | 13 | $1.4bn | 26 | 8 |
| Q1 2026 | 12 | $1.3bn | 20 | 17 |
| Q2 2026 | 12 | $1.5bn | 18 | 13 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
TAP and PM →TAP and KO →TAP and COST →Choose a stock to compare with TAP →
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 TAP, latest filings →Back to the 13F Explorer →