TTD
The Trade Desk, Inc. · Communication Services · Advertising Agencies
Momentum inputs (comparable managers):
holder breadth +5.6% ·
share flow -8.6% ·
net new positions +5.3%
— formula
Ownership fragmentation — more holders, smaller aggregate stake
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q1 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 148 | -11 | 302.16M | $5.47B | +2 | −12 |
| Q1 2026 | 161 | -2 | 298.78M | $6.78B | +5 | −8 |
| Q4 2025 | 162 | +1 | 308.21M | $11.70B | +3 | −1 |
| Q3 2025 | 21 | -5 | 214.06M | $10.49B | +1 | −7 |
| Q2 2025 | 24 | +2 | 140.44M | $10.11B | +4 | −2 |
| Q1 2025 | 19 | +1 | 64.91M | $3.55B | +1 | — |
| Q4 2024 | 18 | +1 | 71.05M | $8.35B | +2 | −1 |
| Q3 2024 | 16 | 0 | 65.19M | $7.15B | — | — |
| Q2 2024 | 16 | — | 64.31M | $6.28B | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Baillie Gifford ✦ | 31.41M | -10.7% | $1.72B | 1.5% | ▼ Trim | 4 | SEC ↗ |
| 2 | Baillie Gifford ✦ | 31.41M | -10.7% | $1.72B | 1.5% | ▼ Trim | 4 | SEC ↗ |
| 3 | Baillie Gifford ✦ | 31.41M | -10.7% | $1.72B | 1.5% | ▼ Trim | 4 | SEC ↗ |
| 4 | Baillie Gifford ✦ | 31.41M | -10.7% | $1.72B | 1.5% | ▼ Trim | 4 | SEC ↗ |
| 5 | State Street Global Advisors ✦ (passive) | 9.91M | -0.7% | $542.33M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 6 | Geode Capital Management ✦ (passive) | 8.10M | +5.5% | $442.20M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 7 | Geode Capital Management ✦ (passive) | 8.10M | +5.5% | $442.20M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 8 | D. E. Shaw & Co. ✦ | 4.36M | +68.2% | $238.50M | 0.3% | ▲ Add | 4 | SEC ↗ |
| 9 | D. E. Shaw & Co. ✦ | 4.36M | +68.2% | $238.50M | 0.3% | ▲ Add | 4 | SEC ↗ |
| 10 | Norges Bank ✦ (passive) | 3.79M | -15.1% | $207.17M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 11 | ARK Investment Management ✦ | 1.56M | +22.7% | $85.37M | 0.9% | ▲ Add | 4 | SEC ↗ |
| 12 | T. Rowe Price ✦ | 1.54M | -54.5% | $84.02M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 13 | T. Rowe Price ✦ | 1.54M | -54.5% | $84.02M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 14 | Wellington Management ✦ | 1.35M | -13.6% | $73.70M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 15 | Renaissance Technologies ✦ | 1.28M | +78.6% | $70.31M | 0.1% | ▲ Add | 4 | SEC ↗ |
| 16 | Citadel Advisors ✦ | 562.74K | +44.2% | $30.79M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 17 | Millennium Management ✦ | 391.25K | -84.6% | $21.41M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 18 | PRIMECAP Management ✦ | 209.00K | -2.1% | $11.44M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 19 | Two Sigma Investments ✦ | 190.22K | +784.8% | $10.41M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 20 | Arrowstreet Capital ✦ | 104.14K | -87.8% | $5.70M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 21 | Marshall Wace ✦ | 84.19K | New | $4.61M | 0.0% | New | 1 | SEC ↗ |
| 22 | AQR Capital Management ✦ | 33.79K | -83.4% | $1.81M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 23 | AQR Capital Management ✦ | 33.79K | -83.4% | $1.81M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 24 | AQR Capital Management ✦ | 33.79K | -83.4% | $1.81M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 25 | Gotham Asset Management ✦ | 20.70K | +128.5% | $1.13M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 26 | Bridgewater Associates ✦ | 12.11K | 0.0% | $662,495 | 0.0% | Held | 2 | SEC ↗ |
| 27 | Fisher Asset Management ✦ | 5.26K | +111.7% | $287,660 | 0.0% | ▲ Add | 4 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Marshall Wace | $4.61M | 0.0% |
Exited
| No tracked exits this quarter. |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 1 holders, 250.60K shares, $5,686 reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.