SEC 13F Intelligence

Managers / Q4 2023 · view latest →

ACADIAN ASSET MANAGEMENT LLC

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

Reported Value
$25.8B
Q4 2023
Positions
1,679
Filings on Record
30
2019–present window
Filed
Feb 13, 2024
original filing

Summary

Acadian Asset Management LLC reported $25.8B in U.S.-listed holdings across 1,679 positions for Q4 2023.

Its largest position, AAPL, represents 3.6% of the portfolio.

Compared with Q3 2023, the fund opened 259 new positions and exited 219.

Portfolio Metrics

Turnover
+14.5%
vs prior filed quarter
Top-10 Concentration
+22.3%
share of reported value
Largest Position
+3.6%
Apple
New / Exited
259 / 219
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
Q4 ’18: $20.2BQ4 ’18Q1 ’19: $23.2BQ2 ’19: $20.8BQ3 ’19: $23.4BQ4 ’19: $22.0BQ4 ’19Q1 ’20: $17.5BQ2 ’20: $23.2BQ3 ’20: $23.9BQ4 ’20: $25.9BQ4 ’20Q1 ’21: $25.7BQ2 ’21: $26.6BQ3 ’21: $26.2BQ4 ’21: $26.8BQ4 ’21Q1 ’22: $24.3BQ2 ’22: $19.6BQ3 ’22: $18.3BQ4 ’22: $20.3BQ4 ’22Q1 ’23: $22.8BQ2 ’23: $24.3BQ3 ’23: $23.9BQ4 ’23: $25.8BQ4 ’23Q1 ’24: $28.7BQ2 ’24: $32.5BQ3 ’24: $32.2BQ4 ’24: $34.5BQ4 ’24Q1 ’25: $35.4BQ2 ’25: $48.4BQ3 ’25: $57.3BQ4 ’25: $60.9BQ4 ’25Q1 ’26: $70.5Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 85.9%ADR: 11.7%Other: 1.6%ETP: 0.4%REIT: 0.2%Other: 0.1%
  • Common Stock · 85.9% · $22.1B
  • ADR · 11.7% · $3.0B
  • Other · 1.6% · $414M
  • ETP · 0.4% · $110M
  • REIT · 0.2% · $57M
  • Other · 0.1% · $28M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BGBUNGE GLOBAL SANEW+674.9K674.9K+$68M$68M
QLYSQUALYS INCNEW+97.6K97.6K+$19M$19M
LRNSTRIDE INCNEW+147.0K147.0K+$9M$9M
CEGCONSTELLATION ENERGY CORPNEW+66.6K66.6K+$8M$8M
ROLROLLINS INCNEW+119.9K119.9K+$5M$5M
PFGPRINCIPAL FINANCIAL GROUP INNEW+64.0K64.0K+$5M$5M
GDDYGODADDY INCNEW+44.7K44.7K+$5M$5M
WSWORTHINGTON STL INCNEW+169.1K169.1K+$5M$5M

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

Holdings — Q4 2023

497 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM3.60%$929M4.83M
2STLASTELLANTIS N.Vhistory →SHS2.57%$662M28.33M
3MSFTMICROSOFT CORPhistory →COM2.51%$648M1.72M
4CHKPCHECK POINT SOFTWARE TECH LTDhistory →ORD2.39%$617M4.04M
5BPBP PLChistory →SPONSORED ADR2.38%$614M17.33M
6GOOGLALPHABET INCCAP STK CL A · CAP STK CL C2.29%$591M4.23M
7NVDANVIDIA CORPORATIONhistory →COM1.79%$463M934.0K
8LOGILOGITECH INTL S Ahistory →SHS1.72%$443M4.68M
9AMZNAMAZON COM INChistory →COM1.54%$397M2.61M
10MCKMCKESSON CORPhistory →COM1.53%$394M851.8K
11SPOTSPOTIFY TECHNOLOGY S Ahistory →SHS1.42%$366M1.95M
12METAMETA PLATFORMS INChistory →CL A1.39%$358M1.01M
13VIPSVIPSHOP HLDGS LTDhistory →SPONSORED ADS A1.23%$318M17.88M
14CAHCARDINAL HEALTH INChistory →COM1.22%$315M3.13M
15MRSHMARSH & MCLENNAN COS INChistory →COM1.19%$308M1.63M
16BKNGBOOKING HOLDINGS INChistory →COM1.16%$300M84.6K
17PDDPDD HOLDINGS INChistory →SPONSORED ADS1.11%$287M1.96M
18SNPSSYNOPSYS INChistory →COM1.09%$280M543.7K
19CDNSCADENCE DESIGN SYSTEM INChistory →COM1.07%$277M1.02M
20WIXWIX COM LTDhistory →SHS1.07%$276M2.24M
21RIORIO TINTO PLChistory →SPONSORED ADR1.03%$265M3.56M
22RSRELIANCE STEEL & ALUMINUM COhistory →COM0.96%$248M887.7K
23TEAMATLASSIAN CORPORATIONhistory →CL A0.92%$237M996.4K
24MPCMARATHON PETE CORPhistory →COM0.89%$229M1.55M
25DELLDELL TECHNOLOGIES INChistory →CL C0.87%$225M2.95M
26PGPROCTER AND GAMBLE COhistory →COM0.77%$199M1.36M
27EAELECTRONIC ARTS INChistory →COM0.77%$197M1.44M
28INCYINCYTE CORPhistory →COM0.73%$189M3.02M
29BCCBOISE CASCADE CO DELhistory →COM0.73%$187M1.45M
30CSCOCISCO SYS INChistory →COM0.72%$186M3.67M
31BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.64%$165M461.4K
32MNDYMONDAY COM LTDhistory →SHS0.62%$160M849.6K
33PPURE STORAGE INChistory →CL A0.59%$152M4.28M
34TXTERNIUM SAhistory →SPONSORED ADS0.58%$150M3.54M
35CTASCINTAS CORPhistory →COM0.57%$147M244.6K
36VLOVALERO ENERGY CORPhistory →COM0.57%$147M1.13M
37UBSUBS GROUP AGhistory →SHS0.57%$146M4.71M
38ECLECOLAB INChistory →COM0.56%$144M725.0K
39PINSPINTEREST INChistory →CL A0.56%$143M3.87M
40ZMZOOM VIDEO COMMUNICATIONS INhistory →CL A0.55%$141M1.97M
41NTAPNETAPP INChistory →COM0.55%$141M1.60M
42KMBKIMBERLY-CLARK CORPhistory →COM0.54%$139M1.14M
43CLCOLGATE PALMOLIVE COhistory →COM0.52%$133M1.67M
44MHOMhistory →I HOMES INC0.52%$133M965.1K
45RPMRPM INTL INChistory →COM0.49%$127M1.14M
46ATHMAUTOHOME INChistory →SP ADS RP CL A0.48%$125M4.46M
47COSTCOSTCO WHSL CORP NEWhistory →COM0.48%$123M186.6K
48PEPPEPSICO INChistory →COM0.48%$123M724.2K
49GWWGRAINGER W W INChistory →COM0.47%$122M147.1K
50YELPYELP INChistory →CL A0.47%$121M2.57M
51MDLZMONDELEZ INTL INChistory →CL A0.47%$121M1.68M
52DEUTSCHE BANK A GNAMEN AKT0.47%$121M8.83M
53JNJJOHNSON & JOHNSONhistory →COM0.46%$118M749.8K
54TMHCTAYLOR MORRISON HOME CORPhistory →COM0.45%$116M2.17M
55CHDCHURCH & DWIGHT CO INChistory →COM0.45%$115M1.22M
56WNSNWNS HLDGS LTDhistory →SPON ADR0.43%$111M1.76M
57STLDSTEEL DYNAMICS INChistory →COM0.43%$110M934.9K
58CVLTCOMMVAULT SYS INChistory →COM0.43%$110M1.37M
59NVMINOVA LTDhistory →COM0.42%$107M779.4K
60KOCOCA-COLA COhistory →COM0.41%$106M1.79M
61HSYHERSHEY COhistory →COM0.40%$103M554.5K
62DUOLDUOLINGO INChistory →CL A COM0.40%$103M452.3K
63NICENICE LTDhistory →SPONSORED ADR0.40%$102M513.2K
64MSIMOTOROLA SOLUTIONS INChistory →COM NEW0.39%$101M322.8K
65MAMASTERCARD INCORPORATEDhistory →CL A0.39%$101M236.4K
66DOXAMDOCS LTDhistory →SHS0.39%$100M1.14M
67CLXCLOROX CO DELhistory →COM0.39%$99M697.7K
68FFIVF5 INChistory →COM0.38%$98M548.1K
69ATRAPTARGROUP INChistory →COM0.37%$96M776.5K
70FMXFOMENTO ECONOMICO MEXICANO SAhistory →SPON ADR UNITS0.37%$95M729.0K
71LIILENNOX INTL INChistory →COM0.36%$92M206.4K
72MANHMANHATTAN ASSOCIATES INChistory →COM0.36%$92M426.2K
73CXCEMEX SAB DE CVhistory →SPON ADR NEW0.35%$90M11.61M
74IEFAISHARES TRCORE MSCI EAFE · MSCI EMG MKT ETF · MSCI EAFE ETF0.35%$89M1.51M
75RSGREPUBLIC SVCS INChistory →COM0.34%$88M535.0K
76WMTWALMART INChistory →COM0.34%$88M555.8K
77KELKELLANOVAhistory →COM0.34%$87M1.56M
78GISGENERAL MLS INChistory →COM0.34%$87M1.33M
79CASYCASEYS GEN STORES INChistory →COM0.32%$84M304.3K
80ORCLORACLE CORPhistory →COM0.32%$83M790.9K
81NOWSERVICENOW INChistory →COM0.32%$82M116.2K
82RGLDROYAL GOLD INChistory →COM0.32%$82M674.5K
83IBMINTERNATIONAL BUSINESS MACHShistory →COM0.32%$81M498.4K
84DBXDROPBOX INChistory →CL A0.32%$81M2.76M
85CHECHEMED CORP NEWhistory →COM0.31%$81M138.8K
86LENLENNAR CORPhistory →CL A0.31%$79M531.4K
87TOLTOLL BROTHERS INChistory →COM0.31%$79M769.8K
88CELESTICA INCSUB VTG SHS0.30%$77M2.63M
89IPARINTER PARFUMS INChistory →COM0.30%$77M534.8K
90PMPHILIP MORRIS INTL INChistory →COM0.29%$76M804.2K
91PPGPPG INDS INChistory →COM0.29%$75M501.9K
92ABNBAIRBNB INChistory →COM CL A0.29%$75M550.0K
93GGGGRACO INChistory →COM0.29%$75M860.1K
94ZSZSCALER INChistory →COM0.29%$74M333.3K
95ADBEADOBE INChistory →COM0.28%$73M122.1K
96CNCCENTENE CORP DELhistory →COM0.28%$71M963.3K
97JOYYJOYY INChistory →ADS REPSTG COM A0.27%$70M1.76M
98TFI INTL INCCOM0.27%$70M509.2K
99GENERAL ELECTRIC COCOM0.27%$70M544.7K
100GGBGERDAU S Ahistory →SPONSORED ADR0.27%$69M14.24M

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 ↗
Q4 2018$20.2B1,722Feb 7, 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 ↗.