DELL TECHNOLOGIES INC DELL
CL C · Common Stock · CUSIP 24703L202 · ISIN US24703L2025
American multinational technology company
- SectorTechnology
- IndustryElectronic Computers
- HeadquartersRound Rock, TX
- Founded2016
- Websitedelltechnologies.com
- FilingsSEC EDGAR
* 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 ($98.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $76.50. Options: 35 managers hold calls ($425.3m notional), 34 hold puts ($378.1m).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 630 |
| Q4 2022 | 667 |
| Q1 2023 | 652 |
| Q2 2023 | 721 |
| Q3 2023 | 770 |
| Q4 2023 | 844 |
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 | 273 | 269 |
| Q1 2023 | 247 | 304 |
| Q2 2023 | 317 | 299 |
| Q3 2023 | 334 | 336 |
| Q4 2023 | 400 | 326 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $111.3m | $104.8m | 0.94 |
| Q2 2023 | $267.0m | $228.8m | 0.86 |
| Q3 2023 | $512.9m | $323.2m | 0.63 |
| Q4 2023 | $425.3m | $378.1m | 0.89 |
Biggest buyers
| Michael & Susan Dell Foundation | New | +6.3m |
| MORGAN STANLEY | Added | +4.6m |
| JPMORGAN CHASE & CO | Added | +3.7m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Added | +3.0m |
| Alyeska Investment Group, L.P. | New | +1.9m |
| FMR LLC | Added | +1.6m |
| GOLDMAN SACHS GROUP INC | Added | +1.4m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +1.4m |
| AQR CAPITAL MANAGEMENT LLC | Added | +1.3m |
| DekaBank Deutsche Girozentrale | Added | +1.1m |
Biggest sellers
| Dodge & Cox | Reduced | -10.7m |
| CITADEL ADVISORS LLC | Reduced | -2.4m |
| Mondrian Investment Partners LTD | Sold out | -1.2m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -1.1m |
| NEUBERGER BERMAN GROUP LLC | Reduced | -1.0m |
| Man Group plc | Sold out | -819.7k |
| BlackRock Inc. | Reduced | -779.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -756.3k |
| AMERIPRISE FINANCIAL INC | Reduced | -661.9k |
| JENNISON ASSOCIATES LLC | Reduced | -655.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $95.9m1.3m shares |
| CITADEL ADVISORS LLC | Reduced | $53.8m703.0k shares |
| Parallax Volatility Advisers, L.P. | Added | $30.9m403.7k shares |
| SIMPLEX TRADING, LLC | Added | $26.0m339.6k shares |
| JANE STREET GROUP, LLC | Reduced | $24.3m318.3k shares |
| Cubist Systematic Strategies, LLC | Added | $23.2m303.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $19.0m248.5k shares |
| IMC-Chicago, LLC | Added | $18.4m240.4k shares |
| Caption Management, LLC | Unchanged | $12.8m167.5k shares |
| Walleye Trading LLC | Added | $12.8m167.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $78.3m1.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $42.9m560.5k shares |
| D. E. Shaw & Co., Inc. | Added | $42.8m559.8k shares |
| JANE STREET GROUP, LLC | Added | $41.5m542.5k shares |
| Eisler Capital (UK) Ltd. | Reduced | $19.8m258.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $17.3m226.7k shares |
| MILLENNIUM MANAGEMENT LLC | New | $15.4m201.9k shares |
| Walleye Trading LLC | Added | $12.0m156.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $11.1m146.0k shares |
| GROUP ONE TRADING LLC | Reduced | $9.7m127.1k 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 |
|---|---|
| DELL MICHAEL S 13G · exempt (held before listing) -1.1 pts · filed 2026-02-06 | 45.7% |
| Silver Lake Group, L.L.C. 13D · may seek influence -0.6 pts · filed 2026-09-11 | 11.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.1% |
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 Q4 2023
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 |
|---|---|---|---|---|---|
| Q1 2022 | 0 | — | 4 | $16.1m | — |
| Q2 2022 | 0 | — | 2 | $3.7m | — |
| Q3 2022 | 0 | — | 2 | $6.3m | — |
| Q4 2022 | 0 | — | 1 | $3.9m | — |
| Q1 2023 | 0 | — | 2 | $12.0m | $11.4m |
| Q2 2023 | 0 | — | 2 | $10.1m | $9.1m |
| Q3 2023 | 0 | — | 5 | $222.5m | $26.2m |
| Q4 2023 | 0 | — | 0 | — | — |
None reported in Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 17.6m $1.3bn | Added +647.2k |
| BlackRock Inc. 0.02% of their portfolio | 12.3m $942.2m | Reduced -779.3k |
| FMR LLC 0.06% of their portfolio | 10.9m $836.7m | Added +1.6m |
| MORGAN STANLEY 0.03% of their portfolio | 9.6m $737.9m | Added +4.6m |
| Boston Partners 0.97% of their portfolio | 9.6m $733.6m | Added +197.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.68% of their portfolio | 8.4m $645.2m | Added +1.4m |
| GOLDMAN SACHS GROUP INC 0.12% of their portfolio | 7.4m $566.1m | Added +1.4m |
| Michael & Susan Dell Foundation 25.32% of their portfolio | 6.3m $484.1m | New |
| LSV ASSET MANAGEMENT 0.95% of their portfolio | 5.7m $435.4m | Reduced -130.2k |
| ALKEON CAPITAL MANAGEMENT LLC 2.51% of their portfolio | 5.0m $382.6m | Added +727.9k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 4.8m $369.0m | Added +3.7m |
| STATE STREET CORP 0.02% of their portfolio | 4.2m $324.7m | Added +526.1k |
| Point72 Asset Management, L.P. 0.94% of their portfolio | 4.0m $309.5m | Added +670.7k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.38% of their portfolio | 3.7m $284.2m | Added +3.0m |
| AMERIPRISE FINANCIAL INC 0.08% of their portfolio | 3.3m $254.9m | Reduced -661.9k |
| AQR CAPITAL MANAGEMENT LLC 0.46% of their portfolio | 3.2m $246.4m | Added +1.3m |
| ACADIAN ASSET MANAGEMENT LLC 0.87% of their portfolio | 2.9m $225.4m | Reduced -270.1k |
| CITADEL ADVISORS LLC 0.21% of their portfolio | 2.8m $212.9m | Reduced -2.4m |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 2.7m $204.8m | Added +148.2k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 2.2m $169.4m | Added +972.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.07% of their portfolio | 2.2m $168.0m | Added +42.1k |
| Alyeska Investment Group, L.P. 0.97% of their portfolio | 1.9m $144.6m | New |
| FIL Ltd 0.14% of their portfolio | 1.8m $136.0m | Reduced -353.2k |
| MILLENNIUM MANAGEMENT LLC 0.12% of their portfolio | 1.7m $130.0m | Added +457.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 1.5m $118.4m | Added +49.1k |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 1.5m $117.9m | Added +110.8k |
| JENNISON ASSOCIATES LLC 0.08% of their portfolio | 1.4m $104.8m | Reduced -655.7k |
| AustralianSuper Pty Ltd 0.62% of their portfolio | 1.3m $102.5m | Added +164.9k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.3m $95.8m | Added +162.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.47% of their portfolio | 1.2m $94.0m | Reduced -538.3k |
| DekaBank Deutsche Girozentrale 0.19% of their portfolio | 1.2m $92.3m | Added +1.1m |
| Legal & General Group Plc 0.03% of their portfolio | 1.2m $89.3m | Reduced -86.0k |
| Qube Research & Technologies Ltd 0.18% of their portfolio | 1.0m $80.0m | Added +150.6k |
| FIRST TRUST ADVISORS LP 0.08% of their portfolio | 1.0m $77.6m | Reduced -339.7k |
| Robeco Institutional Asset Management B.V. 0.18% of their portfolio | 961.1k $73.5m | Added +441.2k |
| Caisse de depot et placement du Quebec 0.18% of their portfolio | 935.3k $71.5m | Added +627.9k |
| D. E. Shaw & Co., Inc. 0.10% of their portfolio | 928.2k $71.0m | Added +742.5k |
| Invesco Ltd. 0.02% of their portfolio | 909.7k $69.6m | Added +146.8k |
| First Pacific Advisors, LP 1.03% of their portfolio | 897.4k $68.7m | Unchanged |
| Epoch Investment Partners, Inc. 0.31% of their portfolio | 897.0k $68.6m | Reduced -45.3k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 889.5k $68.0m | Added +3.3k |
| Balyasny Asset Management L.P. 0.19% of their portfolio | 886.4k $67.8m | Added +851.9k |
| Russell Investments Group, Ltd. 0.12% of their portfolio | 886.0k $67.8m | Reduced -126.9k |
| CREDIT SUISSE AG/ 0.06% of their portfolio | 808.8k $61.9m | Reduced -696 |
| Swiss National Bank 0.04% of their portfolio | 800.7k $61.3m | Reduced -24.2k |
| LAZARD ASSET MANAGEMENT LLC 0.07% of their portfolio | 748.7k $57.3m | Added +588.8k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 730.5k $55.9m | Added +31.4k |
| BARCLAYS PLC 0.03% of their portfolio | 728.6k $55.7m | Added +493.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.09% of their portfolio | 720.1k $55.1m | Added +566.8k |
| STOREBRAND ASSET MANAGEMENT AS 0.20% of their portfolio | 715.9k $54.8m | Added +18.3k |
| Engine Capital Management, LP 8.95% of their portfolio | 709.3k $54.3m | Added +339.9k |
| AMF Tjanstepension AB 0.46% of their portfolio | 702.9k $53.8m | New |
| Amundi 0.02% of their portfolio | 700.1k $54.0m | Reduced -234.9k |
| Grand Alliance Asset Management Ltd 27.59% of their portfolio | 675.0k $51.6m | First filing |
| BNP PARIBAS FINANCIAL MARKETS 0.09% of their portfolio | 672.0k $51.4m | Reduced -157.2k |
| Ceredex Value Advisors LLC 0.86% of their portfolio | 651.1k $49.8m | Added +18.6k |
| TODD ASSET MANAGEMENT LLC 1.04% of their portfolio | 615.8k $47.1m | Reduced -169.5k |
| National Pension Service 0.07% of their portfolio | 613.2k $46.9m | Unchanged |
| UBS Group AG 0.02% of their portfolio | 608.3k $46.5m | Added +119.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 582.0k $44.5m | Reduced -13.9k |
| Man Group plc 0.13% of their portfolio | 579.5k $44.3m | New |
| Skandinaviska Enskilda Banken AB (publ) 0.25% of their portfolio | 568.1k $43.5m | Added +510.6k |
| Mitsubishi UFJ Trust & Banking Corp 0.10% of their portfolio | 560.5k $42.9m | Added +111.5k |
| JUPITER ASSET MANAGEMENT LTD 0.41% of their portfolio | 546.1k $41.8m | New |
| Impax Asset Management Group plc 0.17% of their portfolio | 542.0k $41.5m | New |
| LAKEWOOD CAPITAL MANAGEMENT, LP 3.76% of their portfolio | 540.6k $41.4m | Reduced -591.0k |
| Bahl & Gaynor LLC 0.24% of their portfolio | 520.9k $39.8m | New |
| TWO SIGMA ADVISERS, LP 0.09% of their portfolio | 511.7k $39.1m | Reduced -538.2k |
| MANGROVE PARTNERS IM, LLC 2.64% of their portfolio | 489.7k $37.5m | Unchanged |
| TWO SIGMA INVESTMENTS, LP 0.09% of their portfolio | 484.4k $37.1m | Reduced -1.1m |
| SCOUT INVESTMENTS, INC. 0.90% of their portfolio | 471.3k $36.1m | Added +49.4k |
| FEDERATED HERMES, INC. 0.09% of their portfolio | 464.7k $35.6m | Reduced -45.4k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 457.2k $35.0m | Added +143.8k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 442.0k $33.8m | Added +190.2k |
| PRIMECAP MANAGEMENT CO/CA/ 0.03% of their portfolio | 434.7k $33.3m | Reduced -3.2k |
| KINGDON CAPITAL MANAGEMENT, L.L.C. 3.14% of their portfolio | 430.0k $32.9m | New |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.30% of their portfolio | 416.5k $31.9m | Reduced -112.0k |
| FRED ALGER MANAGEMENT, LLC 0.17% of their portfolio | 413.2k $31.6m | New |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.09% of their portfolio | 408.6k $31.3m | Added +178.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 400.9k $30.7m | Added +119.4k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 379.5k $29.2m | Reduced -13.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 377.2k $28.9m | Added +18.4k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 344.8k $26.4m | Added +47.5k |
| CIBC Private Wealth Group LLC 0.05% of their portfolio | 331.2k $25.3m | Added +327.9k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.17% of their portfolio | 318.1k $24.3m | Added +123.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 310.9k $23.8m | Added +205.9k |
| TWIN FOCUS CAPITAL PARTNERS, LLC 4.71% of their portfolio | 302.5k $23.1m | Reduced -2.9k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 295.3k $22.6m | Reduced -125.8k |
| Assenagon Asset Management S.A. 0.07% of their portfolio | 290.6k $22.2m | Added +272.1k |
| Swedbank AB 0.04% of their portfolio | 288.4k $22.1m | Reduced -55.0k |
| VALLEY WEALTH MANAGERS, INC. 1.70% of their portfolio | 284.8k $21.8m | Reduced -9.4k |
| Holocene Advisors, LP 0.08% of their portfolio | 280.0k $21.4m | Reduced -362.1k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.28% of their portfolio | 274.6k $21.0m | Reduced -28.1k |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 273.7k $20.9m | Added +58.6k |
| Andra AP-fonden 1.09% of their portfolio | 268.2k $20.5m | Added +25.2k |
| CANADA LIFE ASSURANCE Co 0.04% of their portfolio | 260.9k $19.9m | Added +36.0k |
| Rheos Capital Works Inc. 1.08% of their portfolio | 255.0k $19.5m | Reduced -250.0k |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 244.5k $18.7m | Added +31.2k |
| Dodge & Cox 0.01% of their portfolio | 243.9k $18.7m | Reduced -10.7m |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 232.2k $17.8m | Added +142.3k |