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Marketplaces

A marketplace does not own the goods it sells; it matches third party sellers with buyers and takes a fee. The economics are asset light and depend on keeping both sides of the platform in balance.

106 stocks

# Name Holding Trade Value Theme
Stocks
% of
Portfolio
Status
26
Berkshire Hathaway
Berkshire Hathaway
Nebraska
$4.85B +$915M 2 3.77% Increased
27
Deutsche Bank
Deutsche Bank
Germany
$4.36B -$667M 32 3.29% Reduced
28
OppenheimerFunds
OppenheimerFunds
New York
$4.35B -$407M 15 5.77% Reduced
29
Legal & General Group
Legal & General Group
United Kingdom
$4.34B +$48.3M 28 4.81% Increased
30
AllianceBernstein
AllianceBernstein
Tennessee
$4.21B +$38.2M 21 3.58% Increased
31
UBS AM
UBS AM
Illinois
$4.1B +$147M 24 4.76% Increased
32
American Century Companies
American Century Companies
Missouri
$3.99B -$357M 11 4.65% Reduced
33
Temasek Holdings
Temasek Holdings
Singapore
$3.95B +$31.8M 2 31.14% Increased
34
Hillhouse Investment Management
Hillhouse Investment Management
Cayman Islands
$3.28B +$15.7M 3 71.58% Increased
35
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
$3.27B +$341M 13 6.76% Increased
36
Allianz Asset Management
Allianz Asset Management
Germany
$3.24B -$362M 15 3.68% Reduced
37
Franklin Resources
Franklin Resources
California
$3.18B -$24.3M 12 1.69% Reduced
38
Charles Schwab
Charles Schwab
California
$3.16B +$71.5M 24 4.15% Increased
39
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
$3.15B +$217M 7 1.64% Increased
40
Fisher Asset Management
Fisher Asset Management
Washington
$3.15B +$119M 8 5.99% Increased
41
Sands Capital Management
Sands Capital Management
Virginia
$3.1B -$129M 4 9.15% Reduced
42
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$3.1B +$99.5M 30 2.67% Increased
43
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
$3B +$18.9M 9 5.25% Increased
44
Dodge & Cox
Dodge & Cox
California
$2.98B +$451M 6 2.91% Increased
45
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$2.96B +$8.64M 29 4.52% Increased
46
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
$2.95B +$191M 24 1.77% Increased
47
BlackRock Investment Management
BlackRock Investment Management
Delaware
$2.94B +$81.2M 29 3.83% Increased
48
California Public Employees Retirement System
California Public Employees Retirement System
California
$2.88B -$21.3M 30 4.64% Reduced
49
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$2.86B -$108M 31 1.78% Reduced
50
UBS Group
UBS Group
Switzerland
$2.79B -$379M 32 1.87% Reduced