SEC 13F Intelligence

Managers / Q1 2025 · view latest →

ACADIAN ASSET MANAGEMENT LLC

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

Reported Value
$35.4B
Q1 2025
Positions
1,602
Filings on Record
30
2019–present window
Filed
May 21, 2025
original filing

Summary

Acadian Asset Management LLC reported $35.4B in U.S.-listed holdings across 1,602 positions for Q1 2025.

Its largest position, AAPL, represents 3.0% of the portfolio.

Compared with Q4 2024, the fund opened 260 new positions and exited 268.

Portfolio Metrics

Turnover
+22.4%
vs prior filed quarter
Top-10 Concentration
+22.8%
share of reported value
Largest Position
+3.0%
Apple
New / Exited
260 / 268
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: 83.7%ADR: 13.1%Other: 1.4%REIT: 0.8%ETP: 0.5%Other: 0.5%
  • Common Stock · 83.7% · $29.6B
  • ADR · 13.1% · $4.6B
  • Other · 1.4% · $497M
  • REIT · 0.8% · $286M
  • ETP · 0.5% · $179M
  • Other · 0.5% · $175M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NOKNOKIA CORPNEW+8.59M8.59M+$45M$45M
INDAISHARES TRNEW+858.2K858.2K+$44M$44M
EWTISHARES INCNEW+555.8K555.8K+$26M$26M
ALGNALIGN TECHNOLOGY INCNEW+127.2K127.2K+$20M$20M
HDBHDFC BANK LTDNEW+291.5K291.5K+$19M$19M
PRDOPERDOCEO ED CORPNEW+438.1K438.1K+$11M$11M
NEXXEN INTL LTDNEW+1.28M1.28M+$11M$11M
GRTUFGRANITE REAL ESTATE INVT TRNEW+207.4K207.4K+$10M$10M

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

Holdings — Q1 2025

496 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM2.99%$1.1B4.77M
2NVDANVIDIA CORPORATIONhistory →COM2.86%$1.0B9.35M
3GOOGLALPHABET INCCAP STK CL A · CAP STK CL C2.64%$936M6.05M
4AMZNAMAZON COM INChistory →COM2.44%$864M4.54M
5SPOTSPOTIFY TECHNOLOGY S Ahistory →SHS2.22%$785M1.43M
6METAMETA PLATFORMS INChistory →CL A2.22%$785M1.36M
7MSFTMICROSOFT CORPhistory →COM1.98%$701M1.87M
8ERICTELEFONAKTIEBOLAGET LM ERICShistory →ADR B SEK 101.91%$677M87.31M
9CHKPCHECK POINT SOFTWARE TECH LTDhistory →ORD1.79%$633M2.78M
10SESEA LTDhistory →SPONSORD ADS1.76%$623M4.78M
11LOGILOGITECH INTL S Ahistory →SHS1.51%$533M6.39M
12BKNGBOOKING HOLDINGS INChistory →COM1.48%$523M113.5K
13BCSBARCLAYS PLChistory →ADR1.46%$516M33.61M
14CSCOCISCO SYS INChistory →COM1.36%$483M7.82M
15INFYINFOSYS LTDhistory →SPONSORED ADR1.36%$482M26.44M
16SUSUNCOR ENERGY INC NEWhistory →COM1.36%$481M12.42M
17NFLXNETFLIX INChistory →COM1.34%$473M507.1K
18BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.21%$427M801.7K
19MAMASTERCARD INCORPORATEDhistory →CL A1.16%$412M751.4K
20CCITIGROUP INChistory →COM NEW1.16%$411M5.78M
21CLCOLGATE PALMOLIVE COhistory →COM1.13%$401M4.28M
22VZVERIZON COMMUNICATIONS INChistory →COM1.09%$386M8.50M
23WIXWIX COM LTDhistory →SHS0.98%$345M2.11M
24TMUST-MOBILE US INChistory →COM0.95%$338M1.27M
25VVISA INChistory →COM CL A0.92%$326M930.3K
26EQHEQUITABLE HLDGS INChistory →COM0.85%$302M5.79M
27MCOMOODYS CORPhistory →COM0.84%$296M634.8K
28MRSHMARSH & MCLENNAN COS INChistory →COM0.83%$294M1.21M
29CTASCINTAS CORPhistory →COM0.83%$294M1.43M
30ABNBAIRBNB INChistory →COM CL A0.83%$294M2.46M
31CMCSACOMCAST CORP NEWhistory →CL A0.79%$280M7.60M
32FTNTFORTINET INChistory →COM0.76%$269M2.80M
33PMPHILIP MORRIS INTL INChistory →COM0.74%$264M1.66M
34VIPSVIPSHOP HLDGS LTDhistory →SPONSORED ADS A0.74%$263M16.76M
35TAT&T INChistory →COM0.73%$257M9.08M
36MCKMCKESSON CORPhistory →COM0.72%$255M378.9K
37QFINQIFU TECHNOLOGY INChistory →AMERICAN DEP0.71%$250M5.58M
38TRVTRAVELERS COMPANIES INChistory →COM0.67%$238M898.7K
39CVLTCOMMVAULT SYS INChistory →COM0.67%$237M1.51M
40MRKMERCK & CO INChistory →COM0.66%$233M2.59M
41DBXDROPBOX INChistory →CL A0.64%$228M8.54M
42FFIVF5 INChistory →COM0.62%$221M829.0K
43MSIMOTOROLA SOLUTIONS INChistory →COM NEW0.60%$214M487.7K
44ABTABBOTT LABShistory →COM0.59%$211M1.59M
45PGPROCTER AND GAMBLE COhistory →COM0.58%$205M1.20M
46GWWGRAINGER W W INChistory →COM0.58%$204M206.6K
47TEAMATLASSIAN CORPORATIONhistory →CL A0.57%$202M951.4K
48JNJJOHNSON & JOHNSONhistory →COM0.56%$199M1.20M
49ZMZOOM COMMUNICATIONS INChistory →CL A0.56%$197M2.67M
50DASHDOORDASH INChistory →CL A0.52%$185M1.01M
51ONONON HLDG AGhistory →NAMEN AKT A0.51%$182M4.14M
52ANETARISTA NETWORKS INChistory →COM SHS0.49%$172M2.22M
53COSTCOSTCO WHSL CORP NEWhistory →COM0.46%$162M171.6K
54PEPPEPSICO INChistory →COM0.46%$161M1.08M
55NOWSERVICENOW INChistory →COM0.45%$161M201.8K
56GSKGSK PLChistory →SPONSORED ADR0.44%$154M3.98M
57INCYINCYTE CORPhistory →COM0.43%$152M2.51M
58VEEVVEEVA SYS INChistory →CL A COM0.41%$144M621.6K
59AYIACUITY INChistory →COM0.40%$143M542.7K
60INTUINTUIThistory →COM0.40%$142M231.9K
61EBAYEBAY INC.history →COM0.38%$136M2.01M
62BACBANK AMERICA CORPhistory →COM0.38%$135M3.24M
63ROKUROKU INChistory →COM CL A0.38%$134M1.91M
64ETSYETSY INChistory →COM0.37%$132M2.80M
65ADBEADOBE INChistory →COM0.37%$129M337.2K
66ATHMAUTOHOME INChistory →SP ADS RP CL A0.36%$128M4.61M
67STMSTMICROELECTRONICS N Vhistory →NY REGISTRY0.35%$124M5.65M
68INDAISHARES TRMSCI INDIA ETF · MSCI EMG MKT ETF · CORE MSCI EAFE0.35%$123M2.28M
69WMTWALMART INChistory →COM0.35%$123M1.40M
70DEUTSCHE BANK A GNAMEN AKT0.34%$122M5.16M
71CAHCARDINAL HEALTH INChistory →COM0.34%$120M872.1K
72JXNJACKSON FINANCIAL INChistory →COM CL A0.32%$112M1.34M
73EXPEEXPEDIA GROUP INChistory →COM NEW0.32%$112M667.4K
74WELLWELLTOWER INChistory →COM0.31%$110M717.9K
75AVGOBROADCOM LTDhistory →ORD SHS0.30%$107M641.5K
76NTAPNETAPP INChistory →COM0.30%$107M1.22M
77KMBKIMBERLY-CLARK CORPhistory →COM0.29%$103M727.6K
78ASMLASML HOLDING N Vhistory →N Y REGISTRY SHS0.29%$102M153.9K
79JPMJPMORGAN CHASE & CO.history →COM0.29%$101M412.5K
80ADPAUTOMATIC DATA PROCESSING INChistory →COM0.28%$100M327.3K
81MDBMONGODB INChistory →CL A0.28%$99M562.2K
82RSGREPUBLIC SVCS INChistory →COM0.28%$98M404.9K
83EAELECTRONIC ARTS INChistory →COM0.28%$97M673.4K
84TSLATESLA INChistory →COM0.27%$96M372.3K
85ASXASE TECHNOLOGY HLDG CO LTDhistory →SPONSORED ADS0.27%$96M10.97M
86BOXBOX INChistory →CL A0.26%$94M3.03M
87CLXCLOROX CO DELhistory →COM0.26%$93M631.3K
88DLBDOLBY LABORATORIES INChistory →COM CL A0.26%$92M1.14M
89CHECHEMED CORP NEWhistory →COM0.26%$91M148.1K
90REGNREGENERON PHARMACEUTICALShistory →COM0.25%$88M139.2K
91SPGSIMON PPTY GROUP INC NEWhistory →COM0.25%$88M530.6K
92ICEINTERCONTINENTAL EXCHANGE INhistory →COM0.25%$88M510.0K
93NYTNEW YORK TIMES COhistory →CL A0.25%$88M1.77M
94WMWASTE MGMT INC DELhistory →COM0.24%$86M372.8K
95MOALTRIA GROUP INChistory →COM0.24%$85M1.41M
96ECLECOLAB INChistory →COM0.24%$85M334.1K
97YELPYELP INChistory →CL A0.24%$84M2.26M
98RBLXROBLOX CORPhistory →CL A0.23%$82M1.41M
99TELTE CONNECTIVITY PLChistory →ORD SHS0.23%$81M573.6K
100IBMINTERNATIONAL BUSINESS MACHShistory →COM0.22%$79M316.9K

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 2 additional managers.

  • RUSSELL FRANK CO/028-01190
  • Acadian Inc028-11931

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 ↗.