MKTW · Marketwise, Inc. · Holdings

$20.18 +0.48 (+2.44%) At close · Oct 28 Q2 2023 earnings call transcript

Russell 2000 member Rebalance outlook locked

Market Cap

$318.33M

15.77M

Volume · Oct 28 25.95K Avg daily vol (3M) 19.93K

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP → See every holder of MKTW: 13F, 13D and 13G, insiders and funds →

The Sep 30, 2026 filing window is still open — showing the latest known positions. Funds that have not filed yet carry their prior-quarter positions; a fund that filed without this stock counts as sold out. Each fund's Change is measured against its own previous reported quarter, shown in the Reported column. Pick a completed quarter in the Quarter selector below to put every fund on one quarter and see the stock-wide activity breakdown.

Quarter:

Holders: 54

Total Value: $15,716,887

Total Shares: 871,911

Institutional Ownership Trend

25 quarters

Holder Concentration

Across 51 13F filers

Top Holder

17.2%

of institutional value

Top 5

67.5%

of institutional value

Top 10

86.7%

of institutional value

HHI

1,089

Broadly held

Who Holds MKTW

Last 8 quarters through Sep 30, 2026 (filing window open)

Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.

Jun 30, 2026, the newest closed quarter: 51 filers, like-for-like change +9.1%; actively managed books +6.3%; index-like books +13.3%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	38.1%	23	+3.9%	4	4
Adviser	0.8%	1	+12908.6%	1	1
Bank	23.6%	8	+5.9%	0	0
Broker-dealer	0.0%	1	0.0%	0	0
Benefit plan	0.0%	1	-76.4%	0	0
Non-US	0.1%	2	-93.8%	1	1
Holding company	17.3%	3	+20.0%	0	0
Insurer	0.0%	0	—	0	0
Unknown	20.1%	12	+15.7%	3	2

Style	Share	Filers	Change	New	Exited
Index-like	37.5%	11	+13.3%	0	0
Systematic-like	2.9%	2	-5.1%	0	0
Concentrated	0.0%	5	-94.4%	2	3
Diversified active	43.2%	32	+7.7%	7	5
Unknown	16.4%	1	+7.7%	0	0
Not measured	0.0%	0	—	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	48.0%	30	+15.3%	6	4
Medium turnover	22.4%	11	+1.9%	2	3
High turnover	3.0%	5	-6.7%	1	1
Unknown	26.6%	5	+6.9%	0	0
Not measured	0.0%	0	—	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	26.6%	6	+6.9%	0	0
Medium horizon	19.1%	10	+37.2%	5	1
Long horizon	54.3%	33	+2.7%	3	7
Unknown	0.0%	2	+35.0%	1	0
Not measured	0.0%	0	—	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	32.2%	10	+7.1%	3	0
$1B to $10B	1.0%	10	+309.1%	3	3
$10B to $100B	4.7%	9	-22.8%	3	3
$100B or more	62.1%	22	+12.3%	0	2
Not measured	0.0%	0	—	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	4.5%	10	+14.9%	3	2
Pooled investment vehicles	3.0%	2	-5.0%	0	0
Registered funds and BDCs	16.5%	5	-1.6%	1	2
Pension and profit sharing plans	0.0%	1	0.0%	0	0
Insurance companies	0.0%	1	0.0%	0	0
Governments and sovereign funds	0.2%	1	-33.5%	0	0
Corporations	10.4%	1	-6.1%	0	0
Other investment advisers	0.0%	0	—	0	0
Diversified	3.6%	2	+133.4%	0	0
Unknown	61.9%	28	+12.5%	5	4

Private funds	Share	Filers	Change	New	Exited
Hedge funds	8.2%	4	+30.4%	0	0
Private equity funds	0.0%	0	—	0	0
Venture capital funds	0.0%	1	new	1	0
Real estate funds	0.1%	3	+1416.7%	1	0
Other private funds	0.2%	2	-92.3%	0	1
No private funds	29.6%	13	+8.6%	2	3
Private funds, type not stated	0.0%	0	—	0	0
Mixed private funds	0.0%	0	—	0	0
Securitized asset funds	0.0%	0	—	0	0
Unknown	61.9%	28	+12.5%	5	4

Location	Share	Filers	Change	New	Exited
United States	82.2%	44	+12.2%	8	6
Outside the US	17.8%	7	-3.3%	1	2

The Sep 30, 2026 filing window is still open, so its bar carries the Jun 30, 2026 positions of filers that have not filed yet.

How the mix is measured

Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.

Excluded 2 holders with no observed 2026-06-30 13F.

Conviction and Crowding

51 13F filers, quarter ended Jun 30, 2026

Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.

Conviction holders

1.96% of filers hold it in their top 10

Mar 31, 2026: 1

Holders above 5%

median weight 0.000%

Mar 31, 2026: 1

Crowding

—

the issuer has more than one class of common stock, so its count is the total across classes

Private-fund advisers

—

of shares outstanding

Institutional ownership

—

the issuer has more than one class of common stock, so its count is the total across classes

Top 10 holders

86.7%

of 13F shares, Herfindahl 0.109

Active holders

+6.3%

like-for-like share change of active filers

5% stakes on record

2 13D, 6 13G (2 institutional, 1 passive, 3 exempt)

How long holders have held it value-weighted 9.4 quarters

Under 1 year 33.8% 1 to 3 years 30.6% 3 years or more 35.6% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net buyers of $179,592 (1 buying, 0 selling).

Estimated Holder Cost Basis

Quarter ended Jun 30, 2026, on that quarter's share basis

Estimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.

Estimated avg cost

$31.40

estimated per share

Mar 31, 2026: $43.03

Quarter-end price

$17.84

implied by 13F values

Estimated gain or loss

-43.2%

price against the estimated cost

Estimated at a loss

72.5%

of costed 13F value

Estimated cost covers 26.8% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.

Shareholder Targets

13F filers that own its peers but not MKTW, quarter ended Jun 30, 2026

MKTW has no holder-overlap peers, so these filers hold the largest Financial Services stocks: JPM, V, BRK-B, MA, BAC, MS, GS, AXP, WFC, C, SCHW, RY, CB, BLK, PGR, COF, SPGI, TD, BNY, PNC. 6,536 filers in all.

#	Filer	In peers	Of book	Largest peers
1	Berkshire Hathaway Inc Insurer, Concentrated	$91,098,036,862 4 held	30.4%	AXP, BAC, CB
2	NORGES BANK Non-US, Index-like	$78,828,529,437 20 held	7.86%	BRK-B, JPM, MA
3	MITSUBISHI UFJ FINANCIAL GROUP INC Bank, Unknown	$78,825,883,309 1 held	100.0%	MS
4	BANK OF AMERICA CORP /DE/ Bank, Diversified active	$76,619,588,872 20 held	4.95%	JPM, V, GS
5	PRICE T ROWE ASSOCIATES INC /MD/ Registered adviser, Diversified active	$67,550,854,459 19 held	6.78%	V, MA, JPM
6	GOLDMAN SACHS GROUP INC Holding company, Index-like	$45,692,132,999 20 held	4.80%	JPM, V, BRK-B
7	Capital World Investors Adviser, Diversified active	$41,660,487,063 17 held	4.94%	V, BAC, JPM
8	Capital Research Global Investors Adviser, Diversified active	$41,654,734,639 15 held	5.82%	JPM, WFC, MA
9	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Registered adviser, Index-like	$40,931,178,457 20 held	7.46%	JPM, V, BRK-B
10	CHARLES SCHWAB INVESTMENT MANAGEMENT INC Registered adviser, Diversified active	$40,674,861,685 20 held	5.41%	JPM, BRK-B, V

Fund Ownership of MKTW by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 1.47% of shares outstanding.

Fund type	Of shares outstanding	Change	Shares	Funds
Index funds	0.37%	+0.01 pp	59,117	34
Index ETFs	1.10%	+0.13 pp	173,157	14
Active ETFs	0.02%	+0.01 pp	2,396	5
Active funds	0.06%	-0.15 pp	8,711	17
Unclassified	0.08%	+0.08 pp	12,106	2
All registered funds	1.62%	+0.07 pp	255,487	72

How fund types are measured

Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.

Holder type: Registered adviser 26 Adviser 1 Bank 8 Broker-dealer 1 Benefit plan 1 Non-US 2 Holding company 3 Unknown 12

Showing 54 of 54

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

BARCLAYS PLC

$2,723,721

17.33%

152,675

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BARCLAYS BANK PLC	215	$3,835	0.1%	Defined
BARCLAYS CAPITAL INC.	152,460	$2,719,886	99.9%	Defined

BlackRock, Inc.

$2,603,781

16.57%

145,952

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BLACKROCK FINANCIAL MANAGEMENT INC/DE	1,260	$22,478	0.9%	Sole
BlackRock Investment Management, LLC	6,084	$108,538	4.2%	Sole
BLACKROCK ADVISORS LLC	4,567	$81,475	3.1%	Sole
BlackRock Fund Advisors	98,027	$1,748,801	67.2%	Sole
BlackRock Institutional Trust Company, N.A.	36,011	$642,436	24.7%	Sole
Aperio Group, LLC	3	$53	0.0%	Sole

BASS SID R

$2,596,148

16.52%

145,524

Phraction Management LLC

$1,431,133

9.11%

72,316

VANGUARD CAPITAL MANAGEMENT LLC

$1,141,278

7.26%

63,973

GEODE CAPITAL MANAGEMENT, LLC

$992,349

6.31%

55,625

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GEODE CAPITAL MANAGEMENT TRUST COMPANY, LLC	8,322	$148,464	15.0%	Defined
Held directly	47,303	$843,885	85.0%	Defined

STATE STREET CORP

$587,703

3.74%

32,943

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STATE STREET GLOBAL ADVISORS EUROPE LIMITED joint	32,943	$587,703	100.0%	Defined

AQR CAPITAL MANAGEMENT LLC

$572,392

3.64%

32,085

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Petros Family Wealth, LLC	1	$17	0.0%	Other
RF&L WEALTH MANAGEMENT, LLC	2	$35	0.0%	Other
Prism Planning Partners LLC	19	$338	0.1%	Other
Compound Planning, Inc.	2	$35	0.0%	Other
Arax Advisory Partners	299	$5,334	0.9%	Other
HALBERT HARGROVE GLOBAL ADVISORS, LLC	304	$5,423	0.9%	Other
Stokes Family Office, LLC	66	$1,177	0.2%	Other
Held directly	31,392	$560,033	97.8%	Defined

RENAISSANCE TECHNOLOGIES LLC

$460,254

2.93%

25,799

MTM Investment Management, LLC

$423,432

2.69%

23,735

NORTHERN TRUST CORP

$284,155

1.81%

15,928

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NORTHERN TRUST CO joint	15,572	$277,804	97.8%	Defined
DWS INVESTMENT MANAGEMENT AMERICAS, INC joint	356	$6,351	2.2%	Other

Formidable Asset Management, LLC

$267,582

1.70%

14,999

VANGUARD PORTFOLIO MANAGEMENT LLC

$258,608

1.65%

14,496

VANGUARD FIDUCIARY TRUST CO

$221,091

1.41%

12,393

Vident Advisory, LLC

$215,685

1.37%

12,090

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Acuitas Investments, LLC	12,090	$215,685	100.0%	Defined

Copeland Capital Management, LLC

$200,373

1.27%

10,125

SkyView Investment Advisors, LLC

$177,668

1.13%

9,959

Russell Investments Group, Ltd.

$131,480

0.84%

7,370

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Russell Investment Management, LLC	7,370	$131,480	100.0%	Defined

MORGAN STANLEY

$77,530

0.49%

4,346

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY & CO INTERNATIONAL PLC	24	$428	0.6%	Defined
MORGAN STANLEY & CO. LLC	717	$12,791	16.5%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	77	$1,373	1.8%	Defined
MORGAN STANLEY SMITH BARNEY LLC	50	$892	1.2%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	3,478	$62,046	80.0%	Defined

FMR LLC

$58,283

0.37%

3,267

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fidelity Management & Research Co LLC	3,267	$58,283	100.0%	Defined

UBS Group AG

$48,488

0.31%

2,718

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS AG	2,716	$48,453	99.9%	Defined
UBS Securities LLC	2	$35	0.1%	Defined

RHUMBLINE ADVISERS

$32,950

0.21%

1,847

WELLS FARGO & COMPANY/MN

$32,807

0.21%

1,839

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO BANK N A	1,839	$32,807	100.0%	Defined

ROYAL BANK OF CANADA

$25,475

0.16%

1,428

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC CMA LTD.	230	$4,103	16.1%	Defined
RBC Capital Markets, LLC	1,198	$21,372	83.9%	Defined

ACADIAN ASSET MANAGEMENT LLC

$24,976

0.16%

1,400

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Acadian Inc	1,400	$24,976	100.0%	Defined

JPMORGAN CHASE & CO

$18,534

0.12%

1,039

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
JPMorgan Chase Bank, N.A.	909	$16,216	87.5%	Defined
J.P. Morgan Investment Management Inc.	55	$981	5.3%	Defined
J.P. Morgan Securities LLC	4	$71	0.4%	Defined
J.P. Morgan Securities plc	71	$1,266	6.8%	Defined

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

$18,018

0.11%

1,010

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Global X Management CO LLC joint	1,010	$18,018	100.0%	Defined

CITIGROUP INC

$17,999

0.11%

1,009

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citigroup Financial Products Inc. joint	1,009	$17,999	100.0%	Defined

Arax Advisory Partners

$13,397

0.09%

751

NEW YORK STATE COMMON RETIREMENT FUND

$11,346

0.07%

636

Tower Research Capital LLC (TRC)

$10,775

0.07%

604

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Latour Trading LLC (Latour)	604	$10,775	100.0%	Defined

Vanguard Global Advisers, LLC

$9,883

0.06%

554

BNP PARIBAS ARBITRAGE, SA

$7,439

0.05%

417

HARBOR CAPITAL ADVISORS, INC.

$6,431

0.04%

325

Legal & General Group Plc

$2,676

0.02%

150

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Legal & General Investment Management America Inc	150	$2,676	100.0%	Defined

GAMMA Investing LLC

$2,552

0.02%

129

Ameritas Investment Partners, Inc.

$1,123

0.01%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
EATON VANCE MANAGEMENT	63	$1,123	100.0%	Other

EverSource Wealth Advisors, LLC

$1,120

0.01%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BMSS Wesson Wealth Solutions, LLC	8	$141	12.6%	Sole
Held directly	55	$979	87.4%	Sole

Allworth Financial LP

$1,106

0.01%

Essential Partners LLC

$1,029

0.01%

Sterling Capital Management LLC

$850

0.01%

IFP Advisors, Inc

$692

0.00%

CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM

$446

0.00%

True Wealth Design, LLC

$415

0.00%

GROUP ONE TRADING LLC

$356

0.00%

NISA INVESTMENT ADVISORS, LLC

$296

0.00%

Farther Finance Advisors, LLC

$257

0.00%

Root Financial Partners, LLC

$237

0.00%

ROTHSCHILD INVESTMENT LLC

$231

0.00%

SUMMIT SECURITIES GROUP LLC

$124

0.00%

Fortitude Family Office, LLC

$98

0.00%

SJS Investment Consulting Inc.

$79

0.00%

SBI Securities Co., Ltd.

$19

0.00%

Caitong International Asset Management Co., Ltd

$17

0.00%

Key facts CIK 1805651 CUSIP 57064P206 13F (30d) 14 filings 14 filers Visit website Investor relations