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 ($101.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $90.88. Options: 58 managers hold calls ($2.2bn notional), 63 hold puts ($3.1bn).
Trends to Q1 2025
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 |
| Q1 2024 | 1,024 |
| Q2 2024 | 1,219 |
| Q3 2024 | 1,233 |
| Q4 2024 | 1,310 |
| Q1 2025 | 1,276 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 317 | 299 |
| Q3 2023 | 334 | 336 |
| Q4 2023 | 400 | 326 |
| Q1 2024 | 555 | 371 |
| Q2 2024 | 715 | 426 |
| Q3 2024 | 788 | 476 |
| Q4 2024 | 701 | 488 |
| Q1 2025 | 704 | 573 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $2.5bn | $4.1bn | 1.61 |
| Q3 2024 | $2.4bn | $3.4bn | 1.40 |
| Q4 2024 | $2.6bn | $3.7bn | 1.39 |
| Q1 2025 | $2.2bn | $3.1bn | 1.42 |
Biggest buyers
| FIL Ltd | Added | +2.8m |
| UBS Group AG | Added | +2.1m |
| JANE STREET GROUP, LLC | Added | +1.8m |
| Boston Partners | Added | +1.3m |
| VANGUARD GROUP INC | Added | +1.1m |
| DEUTSCHE BANK AG\ | Added | +1.1m |
| BlackRock, Inc. | Added | +1.0m |
| MORGAN STANLEY | Added | +971.7k |
| ALKEON CAPITAL MANAGEMENT LLC | Added | +931.0k |
| Auto-Owners Insurance Co | Added | +776.9k |
Biggest sellers
| Capital World Investors | Sold out | -12.5m |
| FMR LLC | Reduced | -4.1m |
| Michael & Susan Dell Foundation | Reduced | -1.9m |
| Robeco Institutional Asset Management B.V. | Reduced | -1.2m |
| Bank of New York Mellon Corp | Reduced | -1.2m |
| JPMORGAN CHASE & CO | Reduced | -916.8k |
| JENNISON ASSOCIATES LLC | Reduced | -802.6k |
| COATUE MANAGEMENT LLC | Sold out | -767.9k |
| FRANKLIN RESOURCES INC | Reduced | -740.3k |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -663.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $405.5m4.4m shares |
| CITADEL ADVISORS LLC | Added | $388.6m4.3m shares |
| BARCLAYS PLC | Added | $227.9m2.5m shares |
| JANE STREET GROUP, LLC | Added | $130.5m1.4m shares |
| IMC-Chicago, LLC | Added | $121.6m1.3m shares |
| D. E. Shaw & Co., Inc. | Added | $115.4m1.3m shares |
| WOLVERINE TRADING, LLC | Added | $71.0m769.3k shares |
| Walleye Trading LLC | Added | $69.8m766.1k shares |
| Squarepoint Ops LLC | Reduced | $64.4m707.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $63.0m690.8k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $549.8m6.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $474.3m5.2m shares |
| CITADEL ADVISORS LLC | Reduced | $330.5m3.6m shares |
| PEAK6 LLC | Added | $150.2m1.6m shares |
| Squarepoint Ops LLC | Added | $128.7m1.4m shares |
| D. E. Shaw & Co., Inc. | Added | $105.7m1.2m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $98.9m1.1m shares |
| UBS Group AG | Added | $95.6m1.0m shares |
| Capula Management Ltd | Reduced | $91.2m1.0m shares |
| BNP PARIBAS FINANCIAL MARKETS | First filing | $86.8m9.5k 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 Q1 2025
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 |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 2 | $10.1m | $9.1m |
| Q3 2023 | 0 | — | 5 | $222.5m | $26.2m |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 4 | $1.9bn | — |
| Q2 2024 | 0 | — | 6 | $1.8bn | $12.5m |
| Q3 2024 | 0 | — | 6 | $3.8bn | $897.2k |
| Q4 2024 | 0 | — | 4 | $218.9m | $2.4m |
| Q1 2025 | 0 | — | 4 | $149.4m | $174.0k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-28 | Rios Brunilda Chief Accounting Officer | Sold | $86.4k926 shares |
| 2025-02-18 | Vojvodich Radakovich Lynn Director | Sold plan | $87.0k725 shares |
| 2025-01-22 | Vojvodich Radakovich Lynn Director | Sold plan | $87.0k725 shares |
| 2025-01-08 | Silver Lake Technology Investors V, L.P. +3 Director · Held through Silver Lake Partners IV, L.P. | Sold | $24.7m206.3k shares |
| 2025-01-08 | Silver Lake Group, L.L.C. +8 Director · Held through Silver Lake Partners IV, L.P. | Sold | $24.7m206.3k shares |
| 2025-01-08 | Silver Lake Group, L.L.C. +8 Director · Held through SL SPV-2, L.P. | Sold | $21.6m180.3k shares |
| 2025-01-08 | Silver Lake Technology Investors V, L.P. +3 Director · Held through SL SPV-2, L.P. | Sold | $21.6m180.3k shares |
| 2025-01-08 | Silver Lake Technology Investors V, L.P. +3 Director · Held through Silver Lake Partners V DE (AIV), L.P. | Sold | $12.8m106.7k shares |
| 2025-01-08 | Silver Lake Group, L.L.C. +8 Director · Held through Silver Lake Partners V DE (AIV), L.P. | Sold | $12.8m106.7k shares |
| 2025-01-08 | Silver Lake Group, L.L.C. +8 Director · Held through Silver Lake Technology Investors IV, L.P. | Sold | $469.9k3.9k shares |
| 2025-01-08 | Silver Lake Technology Investors V, L.P. +3 Director · Held through Silver Lake Technology Investors IV, L.P. | Sold | $469.9k3.9k shares |
| 2025-01-08 | Silver Lake Group, L.L.C. +8 Director · Held through Silver Lake Technology Investors V, L.P. | Sold | $211.9k1.8k shares |
| 2025-01-08 | Silver Lake Technology Investors V, L.P. +3 Director · Held through Silver Lake Technology Investors V, L.P. | Sold | $211.9k1.8k shares |
| 2025-01-07 | Silver Lake Technology Investors V, L.P. +3 Director · Held through Silver Lake Partners IV, L.P. | Sold | $16.7m134.1k shares |
| 2025-01-07 | Silver Lake Group, L.L.C. +8 Director · Held through Silver Lake Partners IV, L.P. | Sold | $16.7m134.1k shares |
| 2025-01-07 | Silver Lake Group, L.L.C. +8 Director · Held through SL SPV-2, L.P. | Sold | $14.6m117.1k shares |
| 2025-01-07 | Silver Lake Technology Investors V, L.P. +3 Director · Held through SL SPV-2, L.P. | Sold | $14.6m117.1k shares |
| 2025-01-07 | Silver Lake Technology Investors V, L.P. +3 Director · Held through Silver Lake Partners V DE (AIV), L.P. | Sold | $8.6m69.2k shares |
| 2025-01-07 | Silver Lake Group, L.L.C. +8 Director · Held through Silver Lake Partners V DE (AIV), L.P. | Sold | $8.6m69.2k shares |
| 2025-01-07 | Silver Lake Group, L.L.C. +8 Director · Held through Silver Lake Partners IV, L.P. | Sold | $3.6m29.2k shares |
| 2025-01-07 | Silver Lake Technology Investors V, L.P. +3 Director · Held through Silver Lake Partners IV, L.P. | Sold | $3.6m29.2k shares |
| 2025-01-07 | Silver Lake Group, L.L.C. +8 Director · Held through SL SPV-2, L.P. | Sold | $3.1m25.5k shares |
| 2025-01-07 | Silver Lake Technology Investors V, L.P. +3 Director · Held through SL SPV-2, L.P. | Sold | $3.1m25.5k shares |
| 2025-01-07 | Silver Lake Technology Investors V, L.P. +3 Director · Held through Silver Lake Partners V DE (AIV), L.P. | Sold | $1.8m15.0k shares |
| 2025-01-07 | Silver Lake Group, L.L.C. +8 Director · Held through Silver Lake Partners V DE (AIV), L.P. | Sold | $1.8m15.0k shares |
| 2025-01-07 | Silver Lake Technology Investors V, L.P. +3 Director · Held through Silver Lake Technology Investors IV, L.P. | Sold | $317.0k2.5k shares |
| 2025-01-07 | Silver Lake Group, L.L.C. +8 Director · Held through Silver Lake Technology Investors IV, L.P. | Sold | $317.0k2.5k shares |
| 2025-01-07 | Silver Lake Technology Investors V, L.P. +3 Director · Held through Silver Lake Technology Investors V, L.P. | Sold | $143.0k1.1k shares |
| 2025-01-07 | Silver Lake Group, L.L.C. +8 Director · Held through Silver Lake Technology Investors V, L.P. | Sold | $143.0k1.1k shares |
| 2025-01-07 | Silver Lake Technology Investors V, L.P. +3 Director · Held through Silver Lake Technology Investors IV, L.P. | Sold | $68.1k555 shares |
The latest 30 of 43 trades.
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, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.05% of their portfolio | 29.1m $2.7bn | Added +1.1m |
| BlackRock, Inc. 0.04% of their portfolio | 23.4m $2.1bn | Added +1.0m |
| STATE STREET CORP 0.05% of their portfolio | 13.8m $1.3bn | Added +165.5k |
| MORGAN STANLEY 0.07% of their portfolio | 11.4m $1.0bn | Added +971.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 7.2m $657.7m | Added +362.8k |
| FMR LLC 0.03% of their portfolio | 5.9m $537.1m | Reduced -4.1m |
| BANK OF AMERICA CORP /DE/ 0.04% of their portfolio | 5.3m $483.3m | Added +399.3k |
| Boston Partners 0.56% of their portfolio | 5.1m $466.4m | Added +1.3m |
| UBS Group AG 0.10% of their portfolio | 4.8m $439.6m | Added +2.1m |
| DEUTSCHE BANK AG\ 0.15% of their portfolio | 4.1m $377.5m | Added +1.1m |
| NORGES BANK 0.05% of their portfolio | 3.6m $329.5m | Reduced -333.6k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 3.3m $303.0m | Reduced -916.8k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 3.3m $296.5m | Reduced -63.9k |
| ALKEON CAPITAL MANAGEMENT LLC 1.72% of their portfolio | 3.2m $289.7m | Added +931.0k |
| JANE STREET GROUP, LLC 0.52% of their portfolio | 3.2m $287.2m | Added +1.8m |
| Invesco Ltd. 0.05% of their portfolio | 3.0m $269.2m | Added +502.8k |
| LSV ASSET MANAGEMENT 0.63% of their portfolio | 2.9m $262.9m | Reduced -102.2k |
| FIL Ltd 0.25% of their portfolio | 2.8m $258.5m | Added +2.8m |
| JANUS HENDERSON GROUP PLC 0.14% of their portfolio | 2.8m $256.3m | Reduced -250.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio | 2.5m $231.9m | Added +318.6k |
| AMERIPRISE FINANCIAL INC 0.06% of their portfolio | 2.3m $213.0m | Added +772.5k |
| DekaBank Deutsche Girozentrale 0.39% of their portfolio | 2.2m $197.8m | Reduced -15.0k |
| Legal & General Group Plc 0.05% of their portfolio | 2.1m $194.4m | Added +83.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 2.1m $190.2m | Added +148.4k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 2.1m $188.5m | Reduced -80.7k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 1.8m $161.2m | Reduced -1.2m |
| WELLS FARGO & COMPANY/MN 0.04% of their portfolio | 1.6m $146.6m | Added +375.8k |
| FIRST TRUST ADVISORS LP 0.11% of their portfolio | 1.4m $126.0m | Reduced -404.7k |
| NORDEA INVESTMENT MANAGEMENT AB 0.13% of their portfolio | 1.4m $121.4m | Added +3.1k |
| FEDERATED HERMES, INC. 0.26% of their portfolio | 1.3m $120.2m | Added +453.2k |
| Bahl & Gaynor LLC 0.60% of their portfolio | 1.3m $118.0m | Reduced -310.7k |
| Amundi 0.03% of their portfolio | 1.2m $95.9m | Added +301.5k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 1.1m $102.8m | Reduced -650.5k |
| BARCLAYS PLC 0.05% of their portfolio | 1.1m $102.0m | Added +157.3k |
| RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio | 1.1m $97.0m | Added +265.6k |
| KBC Group NV 0.29% of their portfolio | 1.0m $93.4m | Added +193.5k |
| Capula Management Ltd 0.67% of their portfolio | 1.0m $91.2m | Reduced -250.0k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 938.0k $85.5m | Added +17.5k |
| CITADEL ADVISORS LLC 0.08% of their portfolio | 922.6k $84.1m | Added +768.1k |
| Swiss National Bank 0.06% of their portfolio | 910.1k $83.0m | Added +14.1k |
| STIFEL FINANCIAL CORP 0.09% of their portfolio | 907.2k $82.7m | Added +452.7k |
| CONGRESS ASSET MANAGEMENT CO 0.59% of their portfolio | 865.2k $78.9m | Reduced -10.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.13% of their portfolio | 845.5k $77.1m | Reduced -365.5k |
| Auto-Owners Insurance Co 0.83% of their portfolio | 781.0k $31.3m | Added +776.9k |
| HSBC HOLDINGS PLC 0.05% of their portfolio | 775.2k $70.4m | Reduced -656.0k |
| Epoch Investment Partners, Inc. 0.36% of their portfolio | 767.9k $70.0m | Added +66.0k |
| DNB Asset Management AS 0.32% of their portfolio | 750.3k $68.4m | Added +667.0k |
| Crake Asset Management LLP 5.50% of their portfolio | 748.3k $68.2m | New |
| Nuveen, LLC 0.02% of their portfolio | 748.2k $68.2m | First filing |
| BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio | 730.1k $66.6m | First filing |
| Sumitomo Mitsui Trust Group, Inc. 0.05% of their portfolio | 729.5k $66.5m | Added +2.2k |
| National Pension Service 0.06% of their portfolio | 727.0k $66.3m | Added +87.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.10% of their portfolio | 707.1k $64.5m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 702.6k $64.0m | Added +136.1k |
| RHUMBLINE ADVISERS 0.06% of their portfolio | 674.9k $61.5m | Added +39.6k |
| CITIGROUP INC 0.04% of their portfolio | 647.5k $59.0m | Added +233.1k |
| TODD ASSET MANAGEMENT LLC 1.33% of their portfolio | 617.8k $56.3m | Added +211.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 583.6k $53.2m | Added +29.8k |
| NOMURA ASSET MANAGEMENT CO LTD 0.16% of their portfolio | 572.2k $52.2m | Added +91.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.05% of their portfolio | 570.2k $52.0m | Added +82.4k |
| LPL Financial LLC 0.02% of their portfolio | 563.9k $51.4m | Added +90.3k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio | 537.7k $49.0m | Added +332.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.06% of their portfolio | 509.4k $46.4m | Added +3.9k |
| STOREBRAND ASSET MANAGEMENT AS 0.15% of their portfolio | 508.4k $46.3m | Reduced -8.8k |
| PEAK6 LLC 1.80% of their portfolio | 504.6k $46.0m | Added +328.1k |
| CLEAR STREET LLC 0.90% of their portfolio | 500.0k $45.6m | New |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.41% of their portfolio | 498.4k $45.4m | Added +214.3k |
| Mitsubishi UFJ Trust & Banking Corp 0.11% of their portfolio | 477.4k $43.5m | Added +14.8k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 471.2k $42.9m | Reduced -740.3k |
| Alyeska Investment Group, L.P. 0.16% of their portfolio | 429.3k $39.1m | Added +367.0k |
| Michael & Susan Dell Foundation 1.97% of their portfolio | 423.5k $38.6m | Reduced -1.9m |
| First Pacific Advisors, LP 0.61% of their portfolio | 418.5k $38.1m | Unchanged |
| Ceredex Value Advisors LLC 0.83% of their portfolio | 415.1k $37.8m | Added +209.9k |
| PRIMECAP MANAGEMENT CO/CA/ 0.03% of their portfolio | 404.6k $36.9m | Reduced -6.7k |
| Andra AP-fonden 0.58% of their portfolio | 388.6k $35.4m | Reduced -118.6k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 383.9k $35.0m | Reduced -290.1k |
| Hudson Bay Capital Management LP 0.22% of their portfolio | 380.9k $34.7m | New |
| Twin Tree Management, LP 0.76% of their portfolio | 378.0k $34.5m | Added +69.1k |
| NATIONAL BANK OF CANADA /FI/ 0.04% of their portfolio | 374.3k $34.1m | Reduced -663.6k |
| JENNISON ASSOCIATES LLC 0.02% of their portfolio | 363.2k $33.1m | Reduced -802.6k |
| Squarepoint Ops LLC 0.08% of their portfolio | 362.9k $33.1m | Added +313.8k |
| Marex Group Ltd 0.62% of their portfolio | 356.7k $32.5m | Added +100.9k |
| STRS OHIO 0.13% of their portfolio | 351.3k $32.0m | Added +69.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 346.1k $31.5m | Reduced -147.9k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 345.6k $31.5m | Reduced -443.4k |
| NATIXIS ADVISORS, LLC 0.06% of their portfolio | 344.1k $31.4m | Reduced -116.5k |
| California Public Employees Retirement System 0.02% of their portfolio | 333.6k $30.4m | Reduced -111.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 331.1k $30.2m | Reduced -7.4k |
| Contour Asset Management LLC 1.19% of their portfolio | 312.9k $28.5m | New |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.48% of their portfolio | 312.3k $28.5m | New |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 309.5k $28.2m | Reduced -50.7k |
| BERKSHIRE ASSET MANAGEMENT LLC/PA 1.38% of their portfolio | 299.0k $28.8m | Added +282.2k |
| TD Asset Management Inc 0.02% of their portfolio | 296.5k $27.0m | Added +27.8k |
| Lansforsakringar Fondforvaltning AB (publ) 0.16% of their portfolio | 287.2k $26.2m | Reduced -278.6k |
| DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 1.49% of their portfolio | 281.4k $25.7m | Added +69.9k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.05% of their portfolio | 272.7k $24.9m | Reduced -61.0k |
| Allspring Global Investments Holdings, LLC 0.04% of their portfolio | 271.0k $24.9m | Added +7.7k |
| CANADA LIFE ASSURANCE Co 0.04% of their portfolio | 268.5k $24.5m | Reduced -57.7k |
| Balyasny Asset Management L.P. 0.06% of their portfolio | 267.0k $24.3m | Added +242.8k |
| DANSKE BANK A/S 0.07% of their portfolio | 263.6k $24.0m | Added +103.4k |