The Q3 2023 13F season
← Every quarter99 of the 101 managers we track have filed a Q3 2023 13F. Between them they opened 719 new positions and sold out of 872, across 2,471 names.
A 13F is due within 45 days of the quarter's end — 2023-11-14 for Q3 2023. Books still arrive for weeks after it; the numbers above cover the managers who have filed.
Each manager is compared against their OWN previous filed book, never the calendar's previous quarter — a manager who skipped a quarter would otherwise report every line they hold as new. 1 filed with us for the first time this quarter and are counted in the holdings below but in neither change board. 1 lines were filed with no value; they are counted and cannot be ranked on a dollar board. 5 positions were reported under a different identifier than in the manager's previous book (an ADR line becoming an ordinary one, a CUSIP re-issue); they are counted as held, and as neither a new position nor an exit. 316 lines this quarter carry no ticker in the register; they are counted, and they cannot appear on the two name boards.
The biggest new positions
A name a manager reported holding this quarter and did not report in their own previous book. The value is the one the manager filed.
| Manager | Company | Reported value |
|---|---|---|
| Cevian Capital II GP LTD | CRH CRH PLC | $1.8B |
| Berkshire Hathaway Inc | CB CHUBB LIMITED | $1.7B |
| GQG Partners LLC | CNQ CANADIAN NAT RES LTD | $1.3B |
| Pershing Square Capital Management, L.P. | HHH HOWARD HUGHES HOLDINGS INC | $1.2B |
| Berkshire Hathaway Inc | — LIBERTY MEDIA CORP DEL | $1.1B |
| GQG Partners LLC | NFLX NETFLIX INC | $959M |
| GQG Partners LLC | ARM ARM HOLDINGS PLC | $877M |
| D1 Capital Partners L.P. | CART MAPLEBEAR INC | $858M |
| LONE PINE CAPITAL LLC | META META PLATFORMS INC | $834M |
| GQG Partners LLC | ISRG INTUITIVE SURGICAL INC | $720M |
Free: the top 10 of 719 · Pro: every new position in the quarter.
The biggest exits
A name in a manager's previous book that is absent from this one. The value is what the manager reported for it LAST quarter — the only value that line ever had.
| Manager | Company | Value when last reported | Their prior book |
|---|---|---|---|
| TCI FUND MANAGEMENT LTD | MSFT MICROSOFT CORP | $4.0B | 2023-Q2 |
| Berkshire Hathaway Inc | — LIBERTY MEDIA CORP DEL | $1.4B | 2023-Q2 |
| GQG Partners LLC | HUM HUMANA INC | $1.3B | 2023-Q2 |
| Pershing Square Capital Management, L.P. | HHC HOWARD HUGHES CORPORATION | $1.3B | 2023-Q2 |
| Berkshire Hathaway Inc | ATVI ACTIVISION BLIZZARD INC | $1.2B | 2023-Q2 |
| Fundsmith LLP | EL LAUDER ESTEE COS INC | $1.1B | 2023-Q2 |
| Berkshire Hathaway Inc | GM GENERAL MTRS CO | $848M | 2023-Q2 |
| WCM INVESTMENT MANAGEMENT, LLC | RMD RESMED INC | $769M | 2023-Q2 |
| GQG Partners LLC | AMD ADVANCED MICRO DEVICES INC | $699M | 2023-Q2 |
| Lindsell Train Ltd | — WORLD WRESTLING FED ENTMNT | $687M | 2023-Q2 |
Free: the top 10 of 872 · Pro: every exit in the quarter.
The names most managers added
Opened, or increased by more than 2% of the shares they already held — the same threshold every filer page applies.
Free: the top 10 of 1,327 · Pro: every name added this quarter.
What most of them hold
How many of the tracked managers reported the name at all this quarter — overlap, not conviction.
Free: the top 10 of 2,471 · Pro: every name the roster reported.