CISCO SYS INC CSCO
COM · Common Stock · CUSIP 17275R102 · ISIN US17275R1023
American multinational technology company
* 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 ($946.1m this quarter). Holder counts are more reliable. Shares outstanding: 4.0bn as of 2024-05-16, 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 ≈ $47.51. Options: 72 managers hold calls ($2.1bn notional), 66 hold puts ($2.0bn).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 2,800 |
| Q4 2022 | 2,983 |
| Q1 2023 | 3,020 |
| Q2 2023 | 3,023 |
| Q3 2023 | 3,079 |
| Q4 2023 | 3,188 |
| Q1 2024 | 3,119 |
| Q2 2024 | 3,062 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 1,363 | 1,273 |
| Q1 2023 | 1,590 | 1,213 |
| Q2 2023 | 1,410 | 1,382 |
| Q3 2023 | 1,399 | 1,436 |
| Q4 2023 | 1,274 | 1,580 |
| Q1 2024 | 1,338 | 1,645 |
| Q2 2024 | 1,240 | 1,668 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $2.9bn | $2.1bn | 0.73 |
| Q4 2023 | $2.8bn | $2.2bn | 0.81 |
| Q1 2024 | $2.9bn | $2.0bn | 0.69 |
| Q2 2024 | $2.1bn | $2.0bn | 0.93 |
Biggest buyers
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +7.8m |
| Amundi | Added | +6.2m |
| FRANKLIN RESOURCES INC | Added | +4.9m |
| DIMENSIONAL FUND ADVISORS LP | Added | +4.8m |
| BlackRock Inc. | Added | +4.5m |
| Slate Path Capital LP | New | +3.9m |
| FIL Ltd | Added | +3.8m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +3.5m |
| Invesco Ltd. | Added | +3.3m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +3.2m |
Biggest sellers
| MORGAN STANLEY | Reduced | -125.8m |
| Pacer Advisors, Inc. | Reduced | -8.7m |
| Swedbank AB | Reduced | -7.9m |
| SG Americas Securities, LLC | Reduced | -5.1m |
| Qube Research & Technologies Ltd | Reduced | -5.1m |
| STATE STREET CORP | Reduced | -4.2m |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -3.9m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -3.5m |
| JPMORGAN CHASE & CO | Reduced | -3.3m |
| Mirae Asset Global Investments Co., Ltd. | Reduced | -3.3m |
Biggest calls
| CITADEL ADVISORS LLC | Added | $406.5m8.6m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $247.3m5.2m shares |
| UBS Group AG | Added | $198.5m4.2m shares |
| GOLDMAN SACHS GROUP INC | Reduced | $130.5m2.7m shares |
| SIMPLEX TRADING, LLC | Reduced | $118.6m2.5m shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $108.7m2.3m shares |
| Parallax Volatility Advisers, L.P. | Reduced | $68.1m1.4m shares |
| JANE STREET GROUP, LLC | Reduced | $65.7m1.4m shares |
| IMC-Chicago, LLC | Added | $60.2m1.3m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $60.1m1.3m shares |
Biggest puts
| UBS Group AG | Reduced | $445.2m9.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $236.4m5.0m shares |
| CITADEL ADVISORS LLC | Added | $185.1m3.9m shares |
| Squarepoint Ops LLC | Added | $113.7m2.4m shares |
| SIMPLEX TRADING, LLC | New | $100.7m2.1m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $70.2m1.5m shares |
| JPMORGAN CHASE & CO | New | $65.5m1.4m shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $60.7m1.3m shares |
| IMC-Chicago, LLC | New | $57.7m1.2m shares |
| Eisler Capital (UK) Ltd. | Added | $54.2m1.1m 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.2% |
| STATE STREET CORP 13G · institution new · filed 2026-08-07 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
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 |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 4 | $2.6m | — |
| Q4 2022 | 0 | — | 5 | $11.9m | — |
| Q1 2023 | 0 | — | 6 | $4.7m | — |
| Q2 2023 | 0 | — | 8 | $4.9m | $3.1m |
| Q3 2023 | 0 | — | 6 | $2.8m | $2.5m |
| Q4 2023 | 0 | — | 7 | $21.6m | $20.2m |
| Q1 2024 | 0 | — | 6 | $4.3m | $4.3m |
| Q2 2024 | 0 | — | 4 | $2.5m | $2.5m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-14 | Subaiya Thimaya K. EVP, Operations | Sold plan | $629.8k13.9k shares |
| 2024-06-13 | Stahlkopf Deborah L EVP and Chief Legal Officer | Sold plan | $118.8k2.6k shares |
| 2024-06-13 | Wong Maria Victoria SVP & Chief Acctg Officer | Sold plan | $34.6k762 shares |
| 2024-05-29 | Robbins Charles Chair and CEO, director | Sold plan | $1.2m26.3k shares |
| 2024-05-29 | Wong Maria Victoria SVP & Chief Acctg Officer | Sold plan | $155.0k3.4k shares |
| 2024-05-17 | Stahlkopf Deborah L EVP and Chief Legal Officer | Sold plan | $386.7k8.0k 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 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.35% of their portfolio | 386.4m $18.4bn | Added +2.1m |
| BlackRock Inc. 0.38% of their portfolio | 354.8m $16.9bn | Added +4.5m |
| STATE STREET CORP 0.39% of their portfolio | 190.2m $9.0bn | Reduced -4.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.39% of their portfolio | 94.4m $4.5bn | Added +2.5m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.73% of their portfolio | 81.0m $3.9bn | Added +3.2m |
| Bank of New York Mellon Corp 0.63% of their portfolio | 70.3m $3.3bn | Added +1.9m |
| MORGAN STANLEY 0.24% of their portfolio | 64.2m $3.0bn | Reduced -125.8m |
| FMR LLC 0.18% of their portfolio | 58.0m $2.8bn | Added +2.6m |
| WELLINGTON MANAGEMENT GROUP LLP 0.48% of their portfolio | 56.5m $2.7bn | Added +3.5m |
| BANK OF AMERICA CORP /DE/ 0.23% of their portfolio | 51.5m $2.4bn | Reduced -1.4m |
| NORGES BANK 0.36% of their portfolio | 51.0m $2.4bn | Added +3.0m |
| JPMORGAN CHASE & CO 0.10% of their portfolio | 49.6m $2.4bn | Reduced -3.3m |
| NORTHERN TRUST CORP 0.36% of their portfolio | 45.4m $2.2bn | Reduced -583.5k |
| WELLS FARGO & COMPANY/MN 0.54% of their portfolio | 44.3m $2.1bn | Reduced -1.3m |
| Invesco Ltd. 0.41% of their portfolio | 40.3m $1.9bn | Added +3.3m |
| Legal & General Group Plc 0.53% of their portfolio | 39.4m $1.9bn | Added +220.2k |
| AMERIPRISE FINANCIAL INC 0.49% of their portfolio | 38.3m $1.8bn | Reduced -3.0m |
| GOLDMAN SACHS GROUP INC 0.34% of their portfolio | 37.0m $1.8bn | Added +1.5m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.47% of their portfolio | 34.5m $1.6bn | Added +7.8m |
| FIRST TRUST ADVISORS LP 1.50% of their portfolio | 31.0m $1.5bn | Added +2.9m |
| UBS Group AG 0.43% of their portfolio | 29.8m $1.4bn | Reduced -939.9k |
| Amundi 0.50% of their portfolio | 27.5m $1.3bn | Added +6.2m |
| FIL Ltd 1.24% of their portfolio | 26.4m $1.3bn | Added +3.8m |
| DIMENSIONAL FUND ADVISORS LP 0.33% of their portfolio | 26.4m $1.3bn | Added +4.8m |
| ROYAL BANK OF CANADA 0.29% of their portfolio | 24.9m $1.2bn | Reduced -1.1m |
| Dodge & Cox 0.68% of their portfolio | 23.9m $1.1bn | Reduced -57.2k |
| NORDEA INVESTMENT MANAGEMENT AB 1.05% of their portfolio | 18.8m $896.3m | Reduced -119.5k |
| HSBC HOLDINGS PLC 0.57% of their portfolio | 18.6m $885.1m | Reduced -502.2k |
| California Public Employees Retirement System 0.61% of their portfolio | 17.6m $837.7m | Reduced -1.9m |
| FRANKLIN RESOURCES INC 0.25% of their portfolio | 17.0m $808.6m | Added +4.9m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.64% of their portfolio | 15.4m $730.1m | Reduced -3.5m |
| BARCLAYS PLC 0.33% of their portfolio | 15.0m $713.1m | Reduced -2.6m |
| DEUTSCHE BANK AG\ 0.30% of their portfolio | 13.9m $661.5m | Added +621.8k |
| BANK OF MONTREAL /CAN/ 0.23% of their portfolio | 13.6m $768.5m | Reduced -779.5k |
| RAYMOND JAMES & ASSOCIATES 0.42% of their portfolio | 13.3m $632.1m | Added +117.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.07% of their portfolio | 13.1m $622.8m | Reduced -750.3k |
| Nuveen Asset Management, LLC 0.18% of their portfolio | 13.0m $619.2m | Reduced -764.8k |
| Swiss National Bank 0.39% of their portfolio | 12.0m $569.6m | Reduced -180.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.40% of their portfolio | 11.4m $540.8m | Reduced -355.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.58% of their portfolio | 11.2m $533.8m | Added +2.5m |
| Allianz Asset Management GmbH 0.86% of their portfolio | 11.1m $529.0m | Reduced -53.2k |
| Caisse de depot et placement du Quebec 1.27% of their portfolio | 11.0m $521.6m | Reduced -1.6m |
| HARRIS ASSOCIATES L P 0.84% of their portfolio | 10.4m $496.4m | Added +30.4k |
| LSV ASSET MANAGEMENT 1.07% of their portfolio | 10.3m $488.0m | Reduced -388.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.16% of their portfolio | 9.9m $468.0m | Reduced -49.9k |
| AQR CAPITAL MANAGEMENT LLC 0.70% of their portfolio | 9.6m $458.1m | Reduced -1.9m |
| STIFEL FINANCIAL CORP 0.51% of their portfolio | 9.5m $451.0m | Reduced -259.4k |
| Swedbank AB 0.57% of their portfolio | 9.0m $426.5m | Reduced -7.9m |
| CIBC Private Wealth Group LLC 0.75% of their portfolio | 8.7m $400.0m | Reduced -99.8k |
| CITIGROUP INC 0.39% of their portfolio | 8.6m $407.3m | Added +2.0m |
| MACQUARIE GROUP LTD 0.47% of their portfolio | 8.6m $406.8m | Added +85.3k |
| DekaBank Deutsche Girozentrale 0.70% of their portfolio | 8.2m $390.4m | Reduced -331.5k |
| RHUMBLINE ADVISERS 0.36% of their portfolio | 8.1m $383.7m | Reduced -87.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.35% of their portfolio | 7.5m $354.1m | Reduced -185.7k |
| National Pension Service 0.40% of their portfolio | 7.4m $351.4m | Added +170.7k |
| AMERICAN CENTURY COMPANIES INC 0.21% of their portfolio | 7.3m $346.0m | Reduced -925.4k |
| PNC Financial Services Group, Inc. 0.23% of their portfolio | 7.2m $343.0m | Reduced -256.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.39% of their portfolio | 6.7m $318.7m | Added +15.1k |
| Raymond James Financial Services Advisors, Inc. 0.44% of their portfolio | 6.5m $307.9m | Reduced -292.2k |
| Aberdeen Group plc 0.58% of their portfolio | 6.3m $301.1m | Added +953.0k |
| CANADA LIFE ASSURANCE Co 0.56% of their portfolio | 6.2m $295.2m | Added +543.9k |
| WELLCOME TRUST LTD (THE) as trustee of the WELLCOME TRUST 3.65% of their portfolio | 6.0m $285.1m | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.37% of their portfolio | 5.9m $282.6m | Reduced -67.8k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.34% of their portfolio | 5.9m $278.3m | Added +590.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.16% of their portfolio | 5.8m $276.8m | Reduced -54.9k |
| PRIMECAP MANAGEMENT CO/CA/ 0.20% of their portfolio | 5.8m $275.6m | Reduced -151.1k |
| Baird Financial Group, Inc. 0.56% of their portfolio | 5.7m $270.9m | Reduced -115.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.25% of their portfolio | 5.2m $248.9m | Reduced -3.9m |
| APG Asset Management N.V. 0.41% of their portfolio | 5.1m $227.1m | Reduced -734.6k |
| ALLIANCEBERNSTEIN L.P. 0.08% of their portfolio | 5.1m $242.1m | Reduced -506.0k |
| LONDON CO OF VIRGINIA 1.35% of their portfolio | 5.0m $239.6m | Reduced -294.3k |
| NATIONAL BANK OF CANADA /FI/ 0.37% of their portfolio | 5.0m $237.3m | Added +389.2k |
| AXA S.A. 0.34% of their portfolio | 4.8m $229.3m | Added +909.2k |
| Cullen Capital Management, LLC 2.62% of their portfolio | 4.8m $227.2m | Reduced -82.4k |
| Russell Investments Group, Ltd. 0.35% of their portfolio | 4.6m $217.1m | Added +175.6k |
| ProShare Advisors LLC 0.57% of their portfolio | 4.5m $213.9m | Reduced -442.4k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.21% of their portfolio | 4.5m $213.4m | Added +1.5m |
| US BANCORP \DE\ 0.28% of their portfolio | 4.4m $208.6m | Reduced -127.8k |
| Mitsubishi UFJ Trust & Banking Corp 0.50% of their portfolio | 4.4m $207.9m | Reduced -7.6k |
| Metropolis Capital Ltd 7.46% of their portfolio | 4.3m $203.8m | Added +230.2k |
| HighTower Advisors, LLC 0.31% of their portfolio | 4.2m $201.6m | Reduced -170.0k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.48% of their portfolio | 4.2m $201.3m | First filing |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.40% of their portfolio | 4.2m $201.2m | Reduced -425.2k |
| LPL Financial LLC 0.10% of their portfolio | 4.2m $201.0m | Added +73.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.37% of their portfolio | 4.2m $197.5m | Added +45.5k |
| Guinness Asset Management LTD 3.96% of their portfolio | 4.0m $191.7m | Added +569.0k |
| Robeco Institutional Asset Management B.V. 0.41% of their portfolio | 4.0m $191.6m | Reduced -983.9k |
| Slate Path Capital LP 3.73% of their portfolio | 3.9m $184.3m | New |
| LAZARD ASSET MANAGEMENT LLC 0.23% of their portfolio | 3.9m $183.7m | Added +619.5k |
| NATIXIS 1.14% of their portfolio | 3.8m $181.3m | Reduced -1.1m |
| Sarasin & Partners LLP 1.61% of their portfolio | 3.8m $181.3m | Added +125.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.38% of their portfolio | 3.8m $178.5m | Reduced -385.9k |
| Boston Partners 0.22% of their portfolio | 3.7m $174.9m | Reduced -84.3k |
| Penserra Capital Management LLC 2.18% of their portfolio | 3.6m $172.6m | Reduced -826.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.18% of their portfolio | 3.5m $165.8m | Reduced -407.5k |
| JENNISON ASSOCIATES LLC 0.10% of their portfolio | 3.4m $161.4m | Added +82.9k |
| JANE STREET GROUP, LLC 0.17% of their portfolio | 3.3m $156.1m | Added +2.2m |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.40% of their portfolio | 3.3m $154.7m | Reduced -121.3k |
| PRUDENTIAL FINANCIAL INC 0.23% of their portfolio | 3.2m $154.3m | Reduced -1.3m |
| Thrivent Financial for Lutherans 0.31% of their portfolio | 3.2m $151.3m | Reduced -12.7k |