Who owns TDG (TDG)
Which tracked institutional funds hold TDG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TDG company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
153 tracked funds added or opened TDG while 418 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
TDG’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in TDG divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 1100 tracked filers holding TDG, 504 increased or opened the position and 543 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in TDG between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 47
- VANGUARD CAPITAL MANAGEMENT LLC$4.3B
- VANGUARD PORTFOLIO MANAGEMENT LLC$3.0B
- VANGUARD FIDUCIARY TRUST CO$370M
- CIBC Bancorp USA Inc.$234M
- Vanguard Global Advisers, LLC$143M
- VANGUARD ASSET MANAGEMENT, Ltd$110M
Full exits 53
- VANGUARD GROUP INC$9.0B
- Darsana Capital Partners LP$266M
- CIBC Private Wealth Group LLC$255M
- Estuary Capital Management LP$37M
- CYPRESS FUNDS LLC$36M
- J. Goldman & Co LP$31M
Largest adds
- PRICE T ROWE ASSOCIATES INC /MD/$686M
- Capital Research Global Investors$349M
- Vulcan Value Partners, LLC$213M
- MANUFACTURERS LIFE INSURANCE COMPANY, THE$171M
- Capital World Investors$149M
- BANK OF MONTREAL /CAN/$61M
Largest trims
- Capital International Investors$2.3B
- BlackRock, Inc.$961M
- FMR LLC$582M
- PRINCIPAL FINANCIAL GROUP INC$547M
- STATE STREET CORP$350M
- FRANKLIN RESOURCES INC$334M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Capital International Investors trimmed | 5,494,695 | $6.4B | 9.7% | 2026-Q1 |
| Capital World Investors added | 4,666,491 | $5.4B | 8.2% | 2026-Q1 |
| BlackRock, Inc. trimmed | 4,103,147 | $4.8B | 7.2% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 3,669,729 | $4.3B | 6.5% | 2026-Q1 |
| Capital Research Global Investors added | 3,143,509 | $3.6B | 5.5% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 2,573,087 | $3.0B | 4.5% | 2026-Q1 |
| STATE STREET CORP added | 2,516,606 | $2.9B | 4.4% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 2,013,784 | $2.3B | 3.5% | 2026-Q1 |
| FMR LLC trimmed | 1,356,191 | $1.6B | 2.4% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,276,444 | $1.5B | 2.2% | 2026-Q1 |
| NORGES BANK added | 772,592 | $1.1B | 1.6% | 2026-Q1 |
| ALTAROCK PARTNERS LP trimmed | 909,168 | $1.1B | 1.6% | 2026-Q1 |
| MORGAN STANLEY added | 893,735 | $1.0B | 1.6% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 897,948 | $1.0B | 1.5% | 2026-Q1 |
| Soroban Capital Partners LP added | 856,197 | $992M | 1.5% | 2026-Q1 |
| EDGEWOOD MANAGEMENT LLC added | 617,501 | $716M | 1.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 592,695 | $687M | 1.0% | 2026-Q1 |
| UBS Group AG added | 509,668 | $591M | 0.9% | 2026-Q1 |
| WINDACRE PARTNERSHIP LLC trimmed | 509,600 | $591M | 0.9% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 455,844 | $528M | 0.8% | 2026-Q1 |
| Stockbridge Partners LLC added | 434,281 | $503M | 0.8% | 2026-Q1 |
| Invesco Ltd. added | 430,396 | $499M | 0.8% | 2026-Q1 |
| PRIMECAP MANAGEMENT CO/CA/ | 410,217 | $475M | 0.7% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 410,194 | $475M | 0.7% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 359,641 | $417M | 0.6% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 320,707 | $372M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 319,020 | $370M | 0.6% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 296,031 | $343M | 0.5% | 2026-Q1 |
| Legal & General Group Plc trimmed | 282,593 | $328M | 0.5% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 282,117 | $327M | 0.5% | 2026-Q1 |
| Temasek Holdings (Private) Ltd added | 218,885 | $254M | 0.4% | 2026-Q1 |
| CIBC Bancorp USA Inc. added | 201,477 | $234M | 0.4% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD trimmed | 201,457 | $233M | 0.4% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 192,704 | $223M | 0.3% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 190,147 | $220M | 0.3% | 2026-Q1 |
| Vulcan Value Partners, LLC added | 184,228 | $214M | 0.3% | 2026-Q1 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 180,192 | $209M | 0.3% | 2026-Q1 |
| Heard Capital LLC added | 178,610 | $207M | 0.3% | 2026-Q1 |
| BLAIR WILLIAM & CO/IL trimmed | 166,248 | $193M | 0.3% | 2026-Q1 |
| Swiss National Bank added | 165,280 | $192M | 0.3% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 161,577 | $187M | 0.3% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 149,966 | $174M | 0.3% | 2026-Q1 |
| ALKEON CAPITAL MANAGEMENT LLC trimmed | 149,078 | $173M | 0.3% | 2026-Q1 |
| CITIGROUP INC added | 144,173 | $167M | 0.3% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 143,882 | $167M | 0.3% | 2026-Q1 |
| FRANKLIN RESOURCES INC trimmed | 143,510 | $166M | 0.3% | 2026-Q1 |
| Nuveen, LLC trimmed | 139,609 | $162M | 0.2% | 2026-Q1 |
| Veritas Asset Management LLP trimmed | 133,974 | $155M | 0.2% | 2026-Q1 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 131,318 | $152M | 0.2% | 2026-Q1 |
| National Pension Service trimmed | 130,309 | $151M | 0.2% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 123,128 | $143M | 0.2% | 2026-Q1 |
| DF DENT & CO INC trimmed | 122,753 | $142M | 0.2% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 119,589 | $139M | 0.2% | 2026-Q1 |
| Skye Global Management LP trimmed | 118,000 | $137M | 0.2% | 2026-Q1 |
| BRISTOL JOHN W & CO INC /NY/ trimmed | 109,511 | $127M | 0.2% | 2026-Q1 |
| KING LUTHER CAPITAL MANAGEMENT CORP added | 108,376 | $126M | 0.2% | 2026-Q1 |
| BARCLAYS PLC added | 107,359 | $124M | 0.2% | 2026-Q1 |
| Douglass Winthrop Advisors, LLC added | 102,803 | $119M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 97,886 | $113M | 0.2% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 94,755 | $110M | 0.2% | 2026-Q1 |
| Amundi added | 94,613 | $110M | 0.2% | 2026-Q1 |
| SANDS CAPITAL MANAGEMENT, LLC trimmed | 94,341 | $109M | 0.2% | 2026-Q1 |
| US BANCORP \DE\ trimmed | 93,293 | $108M | 0.2% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 93,250 | $108M | 0.2% | 2026-Q1 |
| California Public Employees Retirement System trimmed | 92,937 | $108M | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 90,274 | $105M | 0.2% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. added | 87,023 | $101M | 0.2% | 2026-Q1 |
| Atalan Capital Partners, LP trimmed | 84,500 | $98M | 0.1% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 84,038 | $97M | 0.1% | 2026-Q1 |
| HSBC HOLDINGS PLC trimmed | 83,059 | $96M | 0.1% | 2026-Q1 |
| Douglas Lane & Associates, LLC added | 82,143 | $95M | 0.1% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 81,374 | $94M | 0.1% | 2026-Q1 |
| Squarepoint Ops LLC added | 79,548 | $92M | 0.1% | 2026-Q1 |
| BAMCO INC /NY/ added | 78,664 | $91M | 0.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 78,181 | $91M | 0.1% | 2026-Q1 |
| STATE OF MICHIGAN RETIREMENT SYSTEM | 75,792 | $88M | 0.1% | 2026-Q1 |
| ARGENT CAPITAL MANAGEMENT LLC added | 75,265 | $87M | 0.1% | 2026-Q1 |
| PFA Pension, Forsikringsaktieselskab trimmed | 68,332 | $79M | 0.1% | 2026-Q1 |
| Corient Private Wealth LLC trimmed | 68,198 | $79M | 0.1% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 66,512 | $77M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 55,849 | $74M | 0.1% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 62,988 | $73M | 0.1% | 2026-Q1 |
| FEDERATED HERMES, INC. trimmed | 58,659 | $68M | 0.1% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 58,308 | $68M | 0.1% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL added | 55,940 | $65M | 0.1% | 2026-Q1 |
| Focus Partners Wealth added | 54,843 | $64M | 0.1% | 2026-Q1 |
| Man Group plc added | 53,686 | $62M | 0.1% | 2026-Q1 |
| Chicago Capital, LLC trimmed | 52,977 | $61M | 0.1% | 2026-Q1 |
| MARSHALL WACE, LLP added | 52,191 | $60M | 0.1% | 2026-Q1 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. trimmed | 50,594 | $59M | 0.1% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 49,665 | $58M | 0.1% | 2026-Q1 |
| 1832 Asset Management L.P. added | 49,609 | $57M | 0.1% | 2026-Q1 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed | 49,564 | $57M | 0.1% | 2026-Q1 |
| DANSKE BANK A/S trimmed | 49,470 | $57M | 0.1% | 2026-Q1 |
| SCHRODER INVESTMENT MANAGEMENT GROUP trimmed | 49,465 | $57M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 6,799,529 | $9.0B | 13.7% | 2025-Q4 stale |
| Darsana Capital Partners LP | 200,000 | $266M | 0.4% | 2025-Q4 stale |
| CIBC Private Wealth Group LLC added | 191,421 | $255M | 0.4% | 2025-Q4 stale |
| Bain Capital Public Equity Management II, LLC trimmed | 105,088 | $160M | 0.2% | 2025-Q2 stale |
| FRONTIER CAPITAL MANAGEMENT CO LLC added | 4,938,347 | $79M | 0.1% | 2025-Q3 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.