CBOE GLOBAL MKTS INC CBOE
COM · Common Stock · CUSIP 12503M108 · ISIN US12503M1080
* 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 ($69.5m this quarter). Holder counts are more reliable. Shares outstanding: 104.4m as of 2026-07-24, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $244.57. Options: 28 managers hold calls ($512.7m notional), 25 hold puts ($395.6m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 547 |
| Q4 2022 | 589 |
| Q1 2023 | 572 |
| Q2 2023 | 594 |
| Q3 2023 | 626 |
| Q4 2023 | 723 |
| Q1 2024 | 739 |
| Q2 2024 | 751 |
| Q3 2024 | 764 |
| Q4 2024 | 781 |
| Q1 2025 | 810 |
| Q2 2025 | 841 |
| Q3 2025 | 884 |
| Q4 2025 | 938 |
| Q1 2026 | 988 |
| Q2 2026 | 986 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 341 | 368 |
| Q4 2024 | 343 | 368 |
| Q1 2025 | 386 | 371 |
| Q2 2025 | 439 | 315 |
| Q3 2025 | 419 | 357 |
| Q4 2025 | 403 | 386 |
| Q1 2026 | 506 | 390 |
| Q2 2026 | 509 | 456 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $277.2m | $223.0m | 0.80 |
| Q4 2025 | $250.4m | $135.5m | 0.54 |
| Q1 2026 | $305.5m | $154.4m | 0.51 |
| Q2 2026 | $512.7m | $395.6m | 0.77 |
Biggest buyers
| DEUTSCHE BANK AG\ | Added | +956.6k |
| CITADEL ADVISORS LLC | Added | +576.4k |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Added | +492.4k |
| JANE STREET GROUP, LLC | Added | +469.2k |
| AQR CAPITAL MANAGEMENT LLC | Added | +336.3k |
| Robeco Institutional Asset Management B.V. | Added | +296.7k |
| GOLDMAN SACHS GROUP INC | Added | +249.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +240.2k |
| TWO SIGMA INVESTMENTS, LP | Added | +226.9k |
| MILLENNIUM MANAGEMENT LLC | Added | +199.2k |
Biggest sellers
| ALLIANCEBERNSTEIN L.P. | Reduced | -993.7k |
| T. Rowe Price Investment Management, Inc. | Reduced | -873.1k |
| VIKING GLOBAL INVESTORS LP | Sold out | -688.4k |
| MACKENZIE FINANCIAL CORP | Reduced | -581.8k |
| MORGAN STANLEY | Reduced | -509.6k |
| FMR LLC | Reduced | -406.4k |
| 1832 Asset Management L.P. | Reduced | -347.6k |
| Amundi | Reduced | -330.0k |
| BlackRock, Inc. | Reduced | -313.2k |
| Point72 Asset Management, L.P. | Sold out | -247.1k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $133.9m551.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $107.7m444.0k shares |
| IMC-Chicago, LLC | Added | $54.7m225.3k shares |
| CITADEL ADVISORS LLC | Added | $48.8m201.1k shares |
| Squarepoint Ops LLC | Added | $39.1m161.0k shares |
| Delta Accumulation, LLC | Added | $37.0m152.6k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | Added | $24.0m99.1k shares |
| D. E. Shaw & Co., Inc. | Added | $13.1m53.9k shares |
| Point72 Asset Management, L.P. | Added | $11.0m45.4k shares |
| GROUP ONE TRADING LLC | Added | $8.0m33.1k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $158.4m652.7k shares |
| CITADEL ADVISORS LLC | Added | $57.8m238.1k shares |
| IMC-Chicago, LLC | Added | $42.9m176.7k shares |
| JANE STREET GROUP, LLC | Added | $37.0m152.5k shares |
| Delta Accumulation, LLC | Reduced | $17.4m71.8k shares |
| Squarepoint Ops LLC | Added | $13.8m56.8k shares |
| Walleye Trading LLC | Added | $9.9m40.7k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | Added | $7.8m32.3k shares |
| GROUP ONE TRADING LLC | Added | $6.5m26.7k shares |
| SIMPLEX TRADING, LLC | Added | $6.1m25.2k 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.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-10-17 | 9.0% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.0% |
Fell to 5% or below in the last year: ALLIANCEBERNSTEIN L.P. (4.8%, 2026-05-18), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 1 | $5.0k | — |
| Q1 2025 | 0 | — | 5 | $4.8m | $3.5m |
| Q2 2025 | 0 | — | 2 | $1.9m | $1.9m |
| Q3 2025 | 0 | — | 1 | $1.2m | $1.2m |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 3 | $1.6m | — |
| Q2 2026 | 0 | — | 1 | $437.9k | $437.9k |
| Q3 2026 | 0 | — | 1 | $261.4k | $261.4k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-12 | Froetscher Janet P Director | Sold plan | $261.4k937 shares |
| 2026-05-18 | Froetscher Janet P Director | Sold plan | $437.9k1.2k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.04% of their portfolio | 10.2m $2.5bn | Reduced -313.2k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 6.8m $1.7bn | Added +37.6k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.06% of their portfolio | 5.3m $1.3bn | Added +16.6k |
| STATE STREET CORP 0.04% of their portfolio | 5.0m $1.2bn | Added +69.7k |
| FMR LLC 0.05% of their portfolio | 4.3m $1.0bn | Reduced -406.4k |
| ALLIANCEBERNSTEIN L.P. 0.38% of their portfolio | 4.1m $1.1bn | Reduced -993.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 3.1m $755.2m | Added +9.3k |
| MORGAN STANLEY 0.04% of their portfolio | 2.8m $689.9m | Reduced -509.6k |
| Invesco Ltd. 0.04% of their portfolio | 2.1m $518.3m | Reduced -235.7k |
| DEUTSCHE BANK AG\ 0.14% of their portfolio | 2.0m $491.5m | Added +956.6k |
| NORGES BANK 0.03% of their portfolio | 1.4m $341.9m | Not comparable |
| NORTHERN TRUST CORP 0.04% of their portfolio | 1.3m $317.0m | Reduced -24.7k |
| T. Rowe Price Investment Management, Inc. 0.21% of their portfolio | 1.3m $314.9m | Reduced -873.1k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 1.3m $306.6m | Added +249.8k |
| Jupiter Topco LLC 0.12% of their portfolio | 1.3m $304.9m | First filing |
| FIRST TRUST ADVISORS LP 0.16% of their portfolio | 1.1m $267.1m | Reduced -114.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.34% of their portfolio | 1.0m $249.1m | Reduced -74.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 987.6k $239.7m | Added +51.8k |
| AQR CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 958.6k $226.5m | Added +336.3k |
| Robeco Institutional Asset Management B.V. 0.26% of their portfolio | 858.5k $208.3m | Added +296.7k |
| NORDEA INVESTMENT MANAGEMENT AB 0.16% of their portfolio | 830.9k $199.3m | Reduced -73.5k |
| UBS Group AG 0.03% of their portfolio | 800.0k $194.1m | Added +153.8k |
| Legal & General Group Plc 0.04% of their portfolio | 724.8k $175.9m | Reduced -13.2k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 677.7k $164.4m | Added +5.0k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 670.8k $162.8m | Reduced -80.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 633.1k $153.6m | Added +7.7k |
| CITADEL ADVISORS LLC 0.09% of their portfolio | 631.9k $153.3m | Added +576.4k |
| Amundi 0.04% of their portfolio | 628.8k $152.6m | Reduced -330.0k |
| Clark Capital Management Group, Inc. 0.82% of their portfolio | 618.5k $150.1m | Added +84.0k |
| VANGUARD FIDUCIARY TRUST CO 0.03% of their portfolio | 587.7k $142.6m | Reduced -1.3k |
| JANE STREET GROUP, LLC 0.08% of their portfolio | 543.1k $131.8m | Added +469.2k |
| Allianz Asset Management GmbH 0.16% of their portfolio | 540.6k $151.9m | Reduced -47.3k |
| Bahl & Gaynor LLC 0.57% of their portfolio | 509.3k $123.6m | Added +65.9k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.44% of their portfolio | 493.0k $119.6m | Added +492.4k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 483.6k $117.4m | Reduced -17.6k |
| LORD, ABBETT & CO. LLC 0.32% of their portfolio | 459.5k $111.5m | Reduced -34.1k |
| Caisse de depot et placement du Quebec 0.15% of their portfolio | 429.2k $104.2m | Added +117.9k |
| DekaBank Deutsche Girozentrale 0.20% of their portfolio | 416.1k $116.5m | Unchanged |
| HORIZON KINETICS ASSET MANAGEMENT LLC 1.14% of their portfolio | 414.6k $100.6m | Added +4.6k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 398.0k $92.1m | Added +13.1k |
| TWO SIGMA INVESTMENTS, LP 0.07% of their portfolio | 396.0k $96.1m | Added +226.9k |
| Nuveen, LLC 0.02% of their portfolio | 382.2k $92.8m | Added +1.5k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.14% of their portfolio | 373.2k $90.6m | Added +45.7k |
| TD Asset Management Inc 0.08% of their portfolio | 370.1k $89.8m | Added +19.2k |
| Vinva Investment Management Ltd 0.57% of their portfolio | 367.7k $85.4m | Added +161.0k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 366.5k $88.9m | Added +180.6k |
| Qube Research & Technologies Ltd 0.10% of their portfolio | 364.7k $88.5m | Added +190.2k |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 360.6k $87.3m | Added +63.2k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.09% of their portfolio | 356.6k $86.5m | Added +60.9k |
| MARSHALL WACE, LLP 0.07% of their portfolio | 336.7k $81.7m | Added +181.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio | 331.6k $80.5m | Added +145.3k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.47% of their portfolio | 325.0k $78.9m | Reduced -66.4k |
| PARNASSUS INVESTMENTS, LLC 0.19% of their portfolio | 291.8k $70.8m | Reduced -9.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 281.9k $68.4m | Added +34.5k |
| ANCHOR CAPITAL ADVISORS LLC 1.82% of their portfolio | 267.2k $64.8m | Reduced -23.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 265.3k $64.4m | Reduced -61.3k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 256.0k $62.1m | Added +16.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 250.5k $60.8m | Reduced -9.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.05% of their portfolio | 250.2k $60.7m | Added +240.2k |
| CITIGROUP INC 0.03% of their portfolio | 244.0k $59.2m | Added +47.3k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 243.1k $59.0m | Reduced -30.2k |
| BARCLAYS PLC 0.02% of their portfolio | 236.4k $57.4m | Reduced -85.1k |
| NOMURA ASSET MANAGEMENT CO LTD 0.12% of their portfolio | 235.9k $57.2m | Reduced -65.7k |
| Boston Trust Walden Corp 0.42% of their portfolio | 228.9k $55.5m | Reduced -6.2k |
| Vanguard Global Advisers, LLC 0.03% of their portfolio | 227.2k $55.1m | Reduced -3.6k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 224.3k $54.4m | Added +2.6k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 214.8k $52.1m | Reduced -43.5k |
| National Pension Service 0.03% of their portfolio | 209.6k $50.9m | Added +796 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 206.7k $50.2m | Reduced -26.4k |
| California Public Employees Retirement System 0.03% of their portfolio | 205.8k $49.9m | Reduced -49.6k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.03% of their portfolio | 203.2k $49.3m | Added +21.2k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 202.6k $49.2m | Added +199.2k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 195.5k $44.6m | Added +77.3k |
| PFA Pension, Forsikringsaktieselskab 0.12% of their portfolio | 193.0k $46.8m | Added +109.4k |
| CREDIT AGRICOLE S A 0.11% of their portfolio | 185.2k $44.9m | Reduced -148.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 180.1k $43.7m | Added +1.7k |
| NATIONAL BANK OF CANADA /FI/ 0.04% of their portfolio | 175.3k $42.5m | Added +125.8k |
| LPL Financial LLC 0.01% of their portfolio | 173.1k $42.0m | Reduced -13.0k |
| Connor, Clark & Lunn Investment Management Ltd. 0.08% of their portfolio | 169.6k $41.2m | Added +92.2k |
| Man Group plc 0.07% of their portfolio | 167.1k $40.6m | Added +16.7k |
| Smith Group Asset Management, LLC 1.63% of their portfolio | 164.5k $39.9m | Added +6.8k |
| Balyasny Asset Management L.P. 0.07% of their portfolio | 159.7k $38.8m | Added +150.9k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 154.2k $37.4m | Added +84.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 150.0k $36.4m | Added +203 |
| FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND 0.17% of their portfolio | 149.0k $36.2m | Added +6.6k |
| Mitsubishi UFJ Trust & Banking Corp 0.08% of their portfolio | 147.8k $35.9m | Added +20.8k |
| BI Asset Management Fondsmaeglerselskab A/S 0.28% of their portfolio | 147.6k $35.8m | Added +108.1k |
| Gotham Asset Management, LLC 0.08% of their portfolio | 140.0k $34.0m | Reduced -39.7k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 139.0k $33.7m | Reduced -7.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 136.9k $33.2m | Reduced -41.7k |
| Quantinno Capital Management LP 0.04% of their portfolio | 134.5k $32.6m | Added +16.9k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 133.3k $32.0m | Reduced -7.7k |
| Aware Super Pty Ltd as trustee of Aware Super 0.45% of their portfolio | 130.9k $31.8m | Added +23.6k |
| MACKENZIE FINANCIAL CORP 0.03% of their portfolio | 126.5k $30.7m | Reduced -581.8k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 122.2k $29.7m | Reduced -788 |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 119.4k $29.0m | Added +72.6k |
| AustralianSuper Pty Ltd 0.12% of their portfolio | 116.9k $28.4m | Added +55.4k |
| DANSKE BANK A/S 0.06% of their portfolio | 116.3k $28.2m | Added +14.0k |
| Achmea Investment Management B.V. 0.69% of their portfolio | 114.3k $27.7m | Added +19.4k |
| Swedbank AB 0.02% of their portfolio | 113.4k $27.5m | Added +4.7k |