Vault-13

AEROJET ROCKETDYNE HLDGS INC AJRD

COM · Common Stock · CUSIP 007800105 · ISIN US0078001056

274 institutional holders -10 vs Q1 2023
77,768,28177.8m shares reported held*
$4.3bnreported value*
32 new 87 added 100 reduced 40 sold out net bought ≈ $32.6m (+771.2k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $54.83. Options: 12 managers hold calls ($13.2m notional), 11 hold puts ($16.4m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 270Q4 22: 307Q1 23: 284Q2 23: 274274Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022270
Q4 2022307
Q1 2023284
Q2 2023274

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 156 bought or addedQ4 22: 142 cut or sold outQ4 22Q1 23: 123 bought or addedQ1 23: 166 cut or sold outQ1 23Q2 23: 119 bought or addedQ2 23: 140 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022156142
Q1 2023123166
Q2 2023119140

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60mQ3 22 calls: $29.2mQ3 22 puts: $6.0mQ3 22P/C 0.21Q4 22 calls: $24.6mQ4 22 puts: $32.1mQ4 22P/C 1.30Q1 23 calls: $42.7mQ1 23 puts: $10.4mQ1 23P/C 0.24Q2 23 calls: $13.2mQ2 23 puts: $16.4mQ2 23P/C 1.24
Numbers
QuarterCallsPutsP/C
Q3 2022$29.2m$6.0m0.21
Q4 2022$24.6m$32.1m1.30
Q1 2023$42.7m$10.4m0.24
Q2 2023$13.2m$16.4m1.24

Biggest buyers

BARCLAYS PLC Added +721,106+721.1k
FARALLON CAPITAL MANAGEMENT, L.L.C. Added +689,378+689.4k
PSquared Asset Management AG Added +632,322+632.3k
Calamos Advisors LLC New +609,730+609.7k
Pentwater Capital Management LP Added +425,000+425.0k
Sand Grove Capital Management LLP New +377,458+377.5k
Westchester Capital Management, LLC Added +375,651+375.7k
Carlson Capital, L.P. Added +349,766+349.8k
KRYGER CAPITAL Ltd Added +269,115+269.1k
Balyasny Asset Management L.P. New +225,667+225.7k

Biggest sellers

CITADEL ADVISORS LLC Reduced -715,851-715.9k
NEXPOINT ASSET MANAGEMENT, L.P. Reduced -467,476-467.5k
Grantham, Mayo, Van Otterloo & Co. LLC Sold out -464,925-464.9k
Governors Lane LP Sold out -445,843-445.8k
NUANCE INVESTMENTS, LLC Reduced -356,920-356.9k
AQR Arbitrage LLC Reduced -318,153-318.2k
First Eagle Investment Management, LLC Sold out -240,464-240.5k
Segantii Capital Management Ltd Sold out -235,000-235.0k
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -231,137-231.1k
Versor Investments LP Reduced -230,184-230.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $4.4m80.9k shares
UBS Group AG New $2.7m50.0k shares
NOMURA HOLDINGS INC New $2.5m45.0k shares
JANE STREET GROUP, LLC New $1.2m21.5k shares
FIFTH LANE CAPITAL, LP New $740.7k13.5k shares
EQUITEC PROPRIETARY MARKETS, LLC Unchanged $548.7k10.0k shares
CITADEL ADVISORS LLC Reduced $488.3k8.9k shares
SIMPLEX TRADING, LLC Reduced $455.0k8.3k shares
GROUP ONE TRADING LLC Unchanged $120.7k2.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

TUDOR INVESTMENT CORP ET AL New $11.0m200.0k shares
Centiva Capital, LP New $1.9m35.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.8m33.0k shares
Terrapin Asset Management, LLC New $631.0k11.5k shares
SIMPLEX TRADING, LLC Added $362.0k6.6k shares
EQUITEC PROPRIETARY MARKETS, LLC Unchanged $274.4k5.0k shares
GROUP ONE TRADING LLC Reduced $186.6k3.4k shares
CITADEL ADVISORS LLC Reduced $159.1k2.9k shares
FIFTH LANE CAPITAL, LP New $32.9k600 shares
FNY Investment Advisers, LLC New $1.0k28 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.02% of their portfolio New York, NY 12,913,50612.9m $708.6m $708.6m 0.02% Reduced -47.4k -47,406
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 8,246,6738.2m $452.5m $452.5m 0.01% Reduced -99.6k -99,582
3 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 3,843,4583.8m $210.9m $210.9m 0.01% Added +59.0k +59,016
4 Pentwater Capital Management LP 2.47% of their portfolio Naples, FL 3,600,0003.6m $197.5m $197.5m 2.47% Added +425.0k +425,000
5 STEEL PARTNERS HOLDINGS L.P. 33.81% of their portfolio New York, NY 3,598,7443.6m $197.5m $197.5m 33.81% Unchanged
6 FIL Ltd 0.20% of their portfolio HAMILTON, D0 3,230,3553.2m $177.2m $177.2m 0.20% Added +3.3k +3,266
7 BARCLAYS PLC 0.10% of their portfolio LONDON, X0 2,815,7162.8m $154.5m $154.5m 0.10% Added +721.1k +721,106
8 GAMCO INVESTORS, INC. ET AL 1.40% of their portfolio GREENWICH, CT 2,426,1532.4m $133.1m $133.1m 1.40% Reduced -213.4k -213,397
9 ALPINE ASSOCIATES MANAGEMENT INC. 4.97% of their portfolio PALM BEACH, FL 2,011,5122.0m $110.4m $110.4m 4.97% Reduced -116.5k -116,524
10 Westchester Capital Management, LLC 3.69% of their portfolio VALHALLA, NY 1,943,4921.9m $106.6m $106.6m 3.69% Added +375.7k +375,651
11 KRYGER CAPITAL Ltd 10.54% of their portfolio LONDON, X0 1,877,3271.9m $103.0m $103.0m 10.54% Added +269.1k +269,115
12 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 1,696,4661.7m $93.1m $93.1m 0.03% Reduced -55.9k -55,850
13 Magnetar Financial LLC 2.04% of their portfolio EVANSTON, IL 1,692,1461.7m $92.8m $92.8m 2.04% Reduced -6.6k -6,559
14 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,486,1271.5m $81.5m $81.5m 0.01% Added +47.8k +47,761
15 GABELLI FUNDS LLC 0.62% of their portfolio Rye, NY 1,484,8761.5m $81.5m $81.5m 0.62% Reduced -192.0k -191,972
16 NUANCE INVESTMENTS, LLC 1.36% of their portfolio Kansas City, MO 1,155,8151.2m $63.4m $63.4m 1.36% Reduced -356.9k -356,920
17 WATER ISLAND CAPITAL LLC 5.85% of their portfolio NEW YORK, NY 1,145,6041.1m $62.9m $62.9m 5.85% Added +24.4k +24,411
18 PSquared Asset Management AG 6.57% of their portfolio ZURICH, V8 1,017,3221.0m $55.8m $55.8m 6.57% Added +632.3k +632,322
19 Carlson Capital, L.P. 4.77% of their portfolio DALLAS, TX 1,014,7661.0m $55.7m $55.7m 4.77% Added +349.8k +349,766
20 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.31% of their portfolio SAN FRANCISCO, CA 959,378959.4k $52.6m $52.6m 0.31% Added +689.4k +689,378
21 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 834,729834.7k $45.8m $45.8m 0.01% Added +19.4k +19,378
22 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 758,326758.3k $41.6m $41.6m 0.01% Added +10.3k +10,337
23 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 706,026706.0k $38.7m $38.7m 0.00% Added +120.6k +120,553
24 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 691,783691.8k $38.0m $38.0m 0.01% Reduced -22.9k -22,897
25 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 689,213689.2k $37.8m $37.8m 0.01% Added +131.4k +131,424
26 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 662,254662.3k $36.3m $36.3m 0.01% Added +6.3k +6,336
27 Calamos Advisors LLC 0.17% of their portfolio NAPERVILLE, IL 609,730609.7k $33.5m $33.5m 0.17% New
28 California Public Employees Retirement System 0.03% of their portfolio Sacramento, CA 550,294550.3k $30.2m $30.2m 0.03% Added +47.1k +47,070
29 Owl Creek Asset Management, L.P. 2.19% of their portfolio New York, NY 491,594491.6k $27.0m $27.0m 2.19% Reduced -24.0k -24,038
30 PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio DES MOINES, IA 456,209456.2k $25.0m $25.0m 0.02% Reduced -1.8k -1,819
31 AQR Arbitrage LLC 0.98% of their portfolio Greenwich, CT 413,508413.5k $22.7m $22.7m 0.98% Reduced -318.2k -318,153
32 GABELLI & Co INVESTMENT ADVISERS, INC. 3.76% of their portfolio Rye, NY 409,318409.3k $22.5m $22.5m 3.76% Added +49.3k +49,312
33 New York Life Investment Management LLC 0.23% of their portfolio New York, NY 406,827406.8k $22.3m $22.3m 0.23% Added +7.2k +7,185
34 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 397,518397.5k $21.8m $21.8m 0.02% Added +37.2k +37,181
35 Sand Grove Capital Management LLP 3.12% of their portfolio LONDON, X0 377,458377.5k $20.7m $20.7m 3.12% New
36 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 361,459361.5k $19.8m $19.8m 0.01% Reduced -13.4k -13,426
37 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.09% of their portfolio TORONTO, A6 354,000354.0k $19.4m $19.4m 0.09% Added +118.0k +118,000
38 Woodline Partners LP 0.22% of their portfolio San Francisco, CA 341,700341.7k $18.7m $18.7m 0.22% Reduced -201.0k -201,000
39 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 332,080332.1k $18.2m $18.2m 0.01% Added +191.8k +191,843
40 Qube Research & Technologies Ltd 0.07% of their portfolio LONDON, X0 329,947329.9k $18.1m $18.1m 0.07% Added +118.6k +118,585
41 NEXPOINT ASSET MANAGEMENT, L.P. 2.59% of their portfolio Dallas, TX 313,302313.3k $17.2m $17.2m 2.59% Reduced -467.5k -467,476
42 Versor Investments LP 2.94% of their portfolio New York, NY 309,211309.2k $17.0m $17.0m 2.94% Reduced -230.2k -230,184
43 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 307,480307.5k $16.9m $16.9m 0.00% Added +108.6k +108,629
44 UBS Group AG 0.01% of their portfolio ZURICH, V8 289,085289.1k $15.9m $15.9m 0.01% Reduced -100.9k -100,895
45 Legal & General Group Plc 0.00% of their portfolio London, X0 278,532278.5k $15.3m $15.3m 0.00% Added +58.7k +58,701
46 Ergoteles LLC 0.72% of their portfolio NEW YORK, NY 271,827271.8k $14.9m $14.9m 0.72% Added +82.6k +82,602
47 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 262,813262.8k $14.4m $14.4m 0.01% Reduced -19.7k -19,742
48 PICTON MAHONEY ASSET MANAGEMENT 0.67% of their portfolio Toronto, A6 250,000250.0k $13.7m $13.7m 0.67% Reduced -150.0k -150,000
49 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 244,705244.7k $13.4m $13.4m 0.01% Reduced -12.9k -12,894
50 Balyasny Asset Management L.P. 0.03% of their portfolio Chicago, IL 225,667225.7k $12.4m $12.4m 0.03% New
51 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 190,130190.1k $10.4m $10.4m 0.01% Reduced -4.5k -4,531
52 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 189,596189.6k $10.4m $10.4m 0.00% Reduced -113.2k -113,166
53 Cinctive Capital Management LP 0.39% of their portfolio New York, NY 181,300181.3k $9.9m $9.9m 0.39% Added +125.0k +125,000
54 PHILADELPHIA TRUST CO 0.94% of their portfolio PHILADELPHIA, PA 180,235180.2k $9.9m $9.9m 0.94% Reduced -650 -650
55 Kapitalo Investimentos Ltda 1.62% of their portfolio SAO PAULO, D5 158,693158.7k $8.7m $8.7m 1.62% Reduced -74.2k -74,161
56 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 158,240158.2k $8.7m $8.7m 0.01% Added +29.1k +29,075
57 Swiss National Bank 0.01% of their portfolio ZURICH, V8 158,100158.1k $8.7m $8.7m 0.01% Added +1.6k +1,600
58 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 152,106152.1k $8.3m $8.3m 0.00% Reduced -55.9k -55,939
59 Man Group plc 0.03% of their portfolio LONDON, X0 148,508148.5k $8.1m $8.1m 0.03% New
60 Teton Advisors, Inc. 2.21% of their portfolio Rye, NY 144,500144.5k $7.9m $7.9m 2.21% Reduced -17.0k -17,000
61 STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio MADISON, WI 138,943138.9k $7.6m $7.6m 0.02% Added +82.5k +82,493
62 Public Sector Pension Investment Board 0.05% of their portfolio MONTREAL, A8 138,531138.5k $7.6m $7.6m 0.05% Unchanged
63 Crabel Capital Management, LLC 3.05% of their portfolio MILWAUKEE, WI 134,892134.9k $7.4m $7.4m 3.05% Unchanged
64 LMR Partners LLP 0.16% of their portfolio LONDON, X0 125,480125.5k $6.9m $6.9m 0.16% New
65 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 115,756115.8k $6.4m $6.4m 0.01% New
66 PRELUDE CAPITAL MANAGEMENT, LLC 0.52% of their portfolio NEW YORK, NY 113,950114.0k $6.3m $6.3m 0.52% Added +48.8k +48,779
67 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 110,069110.1k $6.0m $6.0m 0.00% Added +7.4k +7,389
68 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 105,281105.3k $5.8m $5.8m 0.00% Reduced -231.1k -231,137
69 GARDNER LEWIS ASSET MANAGEMENT L P 2.08% of their portfolio CHADDS FORD, PA 103,713103.7k $5.7m $5.7m 2.08% Added +50.9k +50,850
70 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 100,628100.6k $5.5m $5.5m 0.01% Reduced -3.6k -3,600
71 Alpine Global Management, LLC 0.79% of their portfolio NEW YORK, NY 100,000100.0k $5.5m $5.5m 0.79% New
72 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 98,68198.7k $5.4m $5.4m 0.00% Reduced -23.4k -23,385
73 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 96,64996.6k $5.3m $5.3m 0.01% Reduced -97.2k -97,224
74 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 93,85593.9k $3.9m $3.9m 0.01% Added +18.5k +18,526
75 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 90,44690.4k $5.0m $5.0m 0.01% Reduced -2.8k -2,761
76 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.04% of their portfolio HARRISBURG, PA 85,81085.8k $4.7m $4.7m 0.04% Added +5.5k +5,539
77 Yakira Capital Management, Inc. 1.11% of their portfolio Westport, CT 76,01276.0k $4.2m $4.2m 1.11% Unchanged
78 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 72,62172.6k $4.0m $4.0m 0.01% Reduced -2.5k -2,509
79 Kellner Capital, LLC 4.51% of their portfolio NEW YORK, NY 71,59571.6k $3.9m $3.9m 4.51% Unchanged
80 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 69,48669.5k $3.8m $3.8m 0.02% New
81 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 68,21868.2k $3.7m $3.7m 0.01% Reduced -5.7k -5,675
82 TEXAS PERMANENT SCHOOL FUND CORP 0.03% of their portfolio AUSTIN, TX 66,84166.8k $3.7m $3.7m 0.03% Reduced -1.1k -1,146
83 Weiss Multi-Strategy Advisers LLC 0.08% of their portfolio NEW YORK, NY 64,42164.4k $3.5m $3.5m 0.08% Reduced -5.9k -5,867
84 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 63,00063.0k $3.5m $3.5m 0.01% New
85 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 62,48162.5k $3.4m $3.4m 0.01% Added +10.2k +10,154
86 CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio TORONTO ONTARIO, A6 61,70061.7k $3.4m $3.4m 0.01% Unchanged
87 HighVista Strategies LLC 1.54% of their portfolio BOSTON, MA 61,52061.5k $3.4m $3.4m 1.54% New
88 Dynamic Technology Lab Private Ltd 0.42% of their portfolio SINGAPORE, U0 60,77360.8k $3.3m $3.3m 0.42% Reduced -2.1k -2,067
89 K2 PRINCIPAL FUND, L.P. 1.06% of their portfolio TORONTO, A6 60,60060.6k $3.3m $3.3m 1.06% Added +20.7k +20,661
90 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 60,38260.4k $3.3m $3.3m 0.01% Reduced -13.2k -13,159
91 Walleye Capital LLC 0.06% of their portfolio NEW YORK, NY 60,31660.3k $3.3m $3.3m 0.06% New
92 ANGELO GORDON & CO., L.P. 0.98% of their portfolio NEW YORK, NY 59,00059.0k $3.2m $3.2m 0.98% Added +20.0k +20,000
93 IMA Advisory Services, Inc. 0.78% of their portfolio DENVER, CO 55,53455.5k $3.0m $3.0m 0.78% Reduced -144 -144
94 TIG Advisors, LLC 0.18% of their portfolio New York, NY 52,99453.0k $2.9m $2.9m 0.18% New
95 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 51,39251.4k $2.8m $2.8m 0.01% Reduced -6.0k -5,993
96 State of Alaska, Department of Revenue 0.03% of their portfolio JUNEAU, AK 49,94949.9k $2.7m $2.7m 0.03% Reduced -2.0k -1,965
97 WOLVERINE ASSET MANAGEMENT LLC 0.05% of their portfolio CHICAGO, IL 48,14048.1k $2.6m $2.6m 0.05% Added +22.8k +22,753
98 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 45,34445.3k $2.5m $2.5m 0.00% Added +14.1k +14,080
99 Centiva Capital, LP 0.12% of their portfolio New York, NY 45,00045.0k $2.5m $2.5m 0.12% Reduced -90.5k -90,461
100 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 43,97644.0k $2.4m $2.4m 0.01% Added +2.5k +2,498