SEC 13F Intelligence

Managers / Q4 2019 · view latest →

ACADIAN ASSET MANAGEMENT LLC

CIK 0000916542 · 260 FRANKLIN STREET, BOSTON, MA, 02110 · 617-850-3500

Reported Value
$22.0B
Q4 2019
Positions
1,825
Filings on Record
29
2019–present window
Filed
Feb 6, 2020
original filing

Summary

Acadian Asset Management LLC reported $22.0B in U.S.-listed holdings across 1,825 positions for Q4 2019.

Its largest position, MSFT, represents 3.4% of the portfolio.

Compared with Q3 2019, the fund opened 341 new positions and exited 394.

Portfolio Metrics

Turnover
+19.2%
vs prior filed quarter
Top-10 Concentration
+19.8%
share of reported value
Largest Position
+3.4%
Microsoft
New / Exited
341 / 394
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $23.2BQ1 ’19Q2 ’19: $20.8BQ3 ’19: $23.4BQ4 ’19: $22.0BQ1 ’20: $17.5BQ1 ’20Q2 ’20: $23.2BQ3 ’20: $23.9BQ4 ’20: $25.9BQ1 ’21: $25.7BQ1 ’21Q2 ’21: $26.6BQ3 ’21: $26.2BQ4 ’21: $26.8BQ1 ’22: $24.3BQ1 ’22Q2 ’22: $19.6BQ3 ’22: $18.3BQ4 ’22: $20.3BQ1 ’23: $22.8BQ1 ’23Q2 ’23: $24.3BQ3 ’23: $23.9BQ4 ’23: $25.8BQ1 ’24: $28.7BQ1 ’24Q2 ’24: $32.5BQ3 ’24: $32.2BQ4 ’24: $34.5BQ1 ’25: $35.4BQ1 ’25Q2 ’25: $48.4BQ3 ’25: $57.3BQ4 ’25: $60.9BQ1 ’26: $70.5BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 81.8%ADR: 12.3%Other: 4.8%REIT: 1.0%ETP: 0.0%Other: 0.1%
  • Common Stock · 81.8% · $18.0B
  • ADR · 12.3% · $2.7B
  • Other · 4.8% · $1.1B
  • REIT · 1.0% · $225M
  • ETP · 0.0% · $10M
  • Other · 0.1% · $13M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MANMANPOWERGROUP INCNEW+884.0K884.0K+$86M$86M
KMBKIMBERLY CLARK CORPNEW+495.8K495.8K+$68M$68M
EBSEMERGENT BIOSOLUTIONS INCNEW+299.7K299.7K+$16M$16M
MOMO INCNEW+401.4K401.4K+$13M$13M
GALAPAGOS NVNEW+46.0K46.0K+$10M$10M
AFFIMED N VNEW+3.07M3.07M+$8M$8M
RDYDR REDDYS LABS LTDNEW+203.5K203.5K+$8M$8M
TBBKBANCORP INC DELNEW+623.7K623.7K+$8M$8M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2019

498 positions (from 500 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM3.43%$754M4.78M
2BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS3.21%$707M3.33M
3RYROYAL BK CDA MONTREAL QUEhistory →COM2.13%$468M5.91M
4PGPROCTER & GAMBLE COhistory →COM2.00%$439M3.52M
5ICLRICON PLChistory →SHS1.65%$363M2.11M
6GOOGLALPHABET INCCL A · CL C1.62%$356M265.8K
7TDTORONTO DOMINION BK ONThistory →COM NEW1.52%$334M5.95M
8CMCDN IMPERIAL BK COMM TORONTOhistory →COM1.47%$325M3.89M
9VIPSVIPSHOP HLDGS LTDhistory →SPONSORED ADS A1.42%$312M22.03M
10JDJD COM INChistory →SPON ADR CL A1.40%$309M8.76M
11HUMHUMANA INChistory →COM1.35%$296M808.7K
12NTESNETEASE INChistory →SPONSORED ADS1.13%$248M809.7K
13VZVERIZON COMMUNICATIONS INChistory →COM1.10%$242M3.94M
14HDHOME DEPOT INChistory →COM1.09%$240M1.10M
15CHECHEMED CORP NEWhistory →COM1.04%$229M521.4K
16PEPPEPSICO INChistory →COM1.01%$221M1.62M
17ELLAUDER ESTEE COS INChistory →CL A1.01%$221M1.07M
18BCEBCE INChistory →COM NEW0.95%$208M4.50M
19WMTWALMART INChistory →COM0.92%$202M1.70M
20COSTCOSTCO WHSL CORP NEWhistory →COM0.84%$186M631.6K
21UHSUNIVERSAL HLTH SVCS INChistory →CL B0.81%$179M1.25M
22RSRELIANCE STEEL & ALUMINUM COhistory →COM0.80%$176M1.47M
23INTUINTUIThistory →COM0.78%$172M658.2K
24PRUPRUDENTIAL FINLhistory →COM USD0.010.77%$169M1.81M
25MFCMANULIFE FINL CORPhistory →COM0.76%$168M8.28M
26SLFSUN LIFE FINL INChistory →COM0.76%$167M3.67M
27CITRIX SYS INCCOM0.75%$166M1.49M
28USBUS BANCORP DELhistory →COM NEW0.75%$165M2.78M
29ECECOPETROL S Ahistory →SPONSORED ADS0.74%$163M8.16M
30LNCLINCOLN NATL CORP INDhistory →COM0.74%$163M2.75M
31ENEL AMERICAS S ASPONSORED ADR0.72%$159M14.51M
32CYBERARK SOFTWARE LTDSHS0.72%$158M1.36M
33CDNSCADENCE DESIGN SYSTEM INChistory →COM0.68%$151M2.17M
34KOCOCA-COLA COhistory →COM0.68%$150M2.70M
35CLCOLGATE PALMOLIVE COhistory →COM0.68%$149M2.16M
36BRKRBRUKER CORPhistory →COM0.67%$148M2.90M
37METMETLIFE INChistory →COM0.66%$146M2.86M
38MAMASTERCARD INChistory →CL A0.66%$145M484.4K
39MTDMETTLER TOLEDO INTERNATIONALhistory →COM0.65%$144M181.3K
40DOXAMDOCS LTDhistory →SHS0.65%$143M1.98M
41CSCOCISCO SYS INChistory →COM0.65%$143M2.97M
42CMCSACOMCAST CORP NEWhistory →CL A0.63%$139M3.09M
43VOYAVOYA FINL INChistory →COM0.60%$133M2.17M
44JPMJPMORGAN CHASE & COhistory →COM0.60%$131M940.2K
45EHCENCOMPASS HEALTH CORPhistory →COM0.59%$130M1.87M
46CHKPCHECK POINT SOFTWARE TECH LTDhistory →ORD0.58%$128M1.15M
47WMWASTE MGMT INC DELhistory →COM0.55%$122M1.07M
48NICENICE LTDhistory →SPONSORED ADR0.51%$112M722.2K
49KTKT CORPhistory →SPONSORED ADR0.51%$112M9.65M
50MDTMEDTRONIC PLChistory →SHS0.50%$111M974.2K
51MDUMDU RES GROUP INChistory →COM0.49%$109M3.66M
52NXPINXP SEMICONDUCTORS N Vhistory →COM0.48%$106M832.5K
53COLMCOLUMBIA SPORTSWEAR COhistory →COM0.48%$106M1.06M
54WNSNWNS HOLDINGS LTDhistory →SPON ADR0.46%$101M1.53M
55FCNFTI CONSULTING INChistory →COM0.45%$100M903.4K
56STWDSTARWOOD PPTY TR INChistory →COM0.44%$96M3.87M
57FTSFORTIS INChistory →COM0.43%$94M2.27M
58INTCINTEL CORPhistory →COM0.43%$94M1.57M
59RGLDROYAL GOLD INChistory →COM0.43%$94M765.3K
60TJXTJX COS INC NEWhistory →COM0.42%$93M1.52M
61DGXQUEST DIAGNOSTICS INChistory →COM0.41%$91M852.7K
62MOHMOLINA HEALTHCARE INChistory →COM0.40%$87M643.3K
63MANMANPOWERGROUP INChistory →COM0.39%$86M884.0K
64HEHAWAIIAN ELEC INDUSTRIEShistory →COM0.39%$85M1.82M
65HLFHERBALIFE NUTRITION LTDhistory →COM SHS0.39%$85M1.78M
66ATLANTICA YIELD PLCSHS0.37%$82M3.11M
67DECKDECKERS OUTDOOR CORPhistory →COM0.36%$80M471.0K
68RSGREPUBLIC SVCS INChistory →COM0.36%$79M879.0K
69CACICACI INTL INChistory →CL A0.36%$79M314.5K
70METAFACEBOOK INChistory →CL A0.35%$78M379.4K
71DGDOLLAR GEN CORP NEWhistory →COM0.35%$77M495.7K
72TAT&T INChistory →COM0.34%$76M1.94M
73EXCEXELON CORPhistory →COM0.34%$76M1.66M
74ATLASSIAN CORPPLC CL A0.34%$75M619.1K
75CICIGNA CORP NEWhistory →COM0.33%$72M350.8K
76NOMDNOMAD FOODS LTDhistory →USD ORD SHS0.33%$72M3.20M
77DHRDANAHER CORPORATIONhistory →COM0.33%$72M466.4K
78TERTERADYNE INChistory →COM0.32%$71M1.03M
79JAZZJAZZ PHARMACEUTICALS INChistory →COM0.32%$70M466.3K
80CRUSCIRRUS LOGIC INChistory →COM0.32%$70M843.7K
81UTHRUNITED THERAPEUTICS CORP DELhistory →COM0.32%$69M787.8K
82CNPCENTERPOINT ENERGY INChistory →COM0.31%$69M2.54M
83VEEVVEEVA SYS INChistory →CL A COM0.31%$69M488.1K
84KMBKIMBERLY CLARK CORPhistory →COM0.31%$68M495.8K
85WDFCWD-40 COhistory →COM0.31%$68M349.0K
86SCISERVICE CORP INTLhistory →COM0.31%$68M1.47M
87UNHUNITEDHEALTH GROUP INChistory →COM0.30%$66M223.8K
88PRGSPROGRESS SOFTWARE CORPhistory →COM0.30%$65M1.57M
89TDSTELEPHONE & DATA SYS INChistory →COM NEW0.29%$65M2.54M
90ATHMAUTOHOME INChistory →SP ADR RP CL A0.29%$63M784.9K
91HCAHCA HEALTHCARE INChistory →COM0.28%$62M422.1K
92USNAUSANA HEALTH SCIENCES INChistory →COM0.27%$59M755.2K
93PBHPRESTIGE CONSMR HEALTHCARE Ihistory →COM0.26%$58M1.43M
94LAM RESEARCH CORPCOM0.26%$58M197.7K
95ACNACCENTURE PLC IRELANDhistory →SHS CLASS A0.26%$57M272.3K
96RGAREINSURANCE GRP OF AMERICA Ihistory →COM NEW0.26%$57M351.4K
97AVAAVISTA CORPhistory →COM0.26%$57M1.19M
98FFIVF5 NETWORKS INChistory →COM0.26%$56M402.8K
99HIGHARTFORD FINL SVCS GROUP INChistory →COM0.25%$56M922.7K
100HPQHP INChistory →COM0.25%$54M2.63M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$70.5B2,011May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$60.9B1,959Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$57.3B1,819Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$48.4B1,661Aug 7, 202513F-HRchanges · EDGAR ↗
Q1 2025$35.4B1,602May 21, 202513F-HRchanges · EDGAR ↗
Q4 2024$34.5B1,610Feb 11, 202513F-HRchanges · EDGAR ↗
Q3 2024$32.2B2,074Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$32.5B1,754Aug 6, 202413F-HRchanges · EDGAR ↗
Q1 2024$28.7B1,570May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$25.8B1,679Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$23.9B1,639Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$24.3B1,726Aug 7, 202313F-HRchanges · EDGAR ↗
Q1 2023$22.8B1,743May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$20.3B1,780Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$18.3B1,675Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$19.6B1,685Aug 9, 202213F-HRchanges · EDGAR ↗
Q1 2022$24.3B1,640May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$26.8B1,668Feb 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$26.2B1,696Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$26.6B1,981Aug 11, 202113F-HRchanges · EDGAR ↗
Q1 2021$25.7B2,039May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$25.9B2,193Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$23.9B2,155Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$23.2B2,214Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$17.5B1,788May 11, 202013F-HRchanges · EDGAR ↗
Q4 2019$22.0B1,825Feb 6, 202013F-HRchanges · EDGAR ↗
Q3 2019$23.4B1,880Nov 7, 201913F-HRchanges · EDGAR ↗
Q2 2019$20.8B1,737Aug 8, 201913F-HRchanges · EDGAR ↗
Q1 2019$23.2B1,951May 9, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 3 additional managers.

  • RUSSELL FRANK CO/028-01190
  • BrightSphere Inc.028-11931
  • American Beacon Advisors, Inc.028-14511

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.