DYNATRACE INC DT
COM NEW · Common Stock · CUSIP 268150109 · ISIN US2681501092
Software technology company
- SectorTechnology
- IndustryServices-Prepackaged Software
- HeadquartersBoston, MA
- Founded2005
- Websitedynatrace.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 ($75.3m this quarter). Holder counts are more reliable. Shares outstanding: 296.0m as of 2024-02-06, 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 ≈ $46.38. Options: 24 managers hold calls ($185.3m notional), 21 hold puts ($89.0m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 378 |
| Q4 2022 | 388 |
| Q1 2023 | 428 |
| Q2 2023 | 472 |
| Q3 2023 | 460 |
| Q4 2023 | 513 |
| Q1 2024 | 543 |
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 | 191 | 183 |
| Q1 2023 | 263 | 156 |
| Q2 2023 | 258 | 195 |
| Q3 2023 | 272 | 197 |
| Q4 2023 | 309 | 182 |
| Q1 2024 | 356 | 217 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $226.0m | $104.5m | 0.46 |
| Q3 2023 | $163.1m | $104.5m | 0.64 |
| Q4 2023 | $198.8m | $113.6m | 0.57 |
| Q1 2024 | $185.3m | $89.0m | 0.48 |
Biggest buyers
| Dragoneer Investment Group, LLC | New | +4.6m |
| Pictet Asset Management Holding SA | Added | +3.5m |
| Jericho Capital Asset Management L.P. | New | +2.9m |
| Man Group plc | Added | +2.7m |
| AMERICAN CENTURY COMPANIES INC | Added | +1.9m |
| VANGUARD GROUP INC | Added | +1.7m |
| BlackRock Inc. | Added | +1.6m |
| CONGRESS ASSET MANAGEMENT CO | Added | +1.6m |
| Amundi | Added | +1.2m |
| Qube Research & Technologies Ltd | Added | +1.2m |
Biggest sellers
| THOMA BRAVO, L.P. | Reduced | -17.1m |
| CITADEL ADVISORS LLC | Reduced | -7.7m |
| FMR LLC | Reduced | -4.1m |
| LORD, ABBETT & CO. LLC | Sold out | -4.1m |
| MORGAN STANLEY | Reduced | -2.5m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -2.4m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -2.0m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.9m |
| Alyeska Investment Group, L.P. | Sold out | -1.5m |
| ALKEON CAPITAL MANAGEMENT LLC | Reduced | -1.0m |
Biggest calls
| JPMORGAN CHASE & CO | New | $30.0m647.0k shares |
| CITADEL ADVISORS LLC | Added | $23.7m510.4k shares |
| Squarepoint Ops LLC | Added | $23.6m507.7k shares |
| MAPLELANE CAPITAL, LLC | New | $23.2m500.0k shares |
| SIMPLEX TRADING, LLC | Added | $15.6m335.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $12.0m259.3k shares |
| JANE STREET GROUP, LLC | Reduced | $10.7m230.1k shares |
| Nishkama Capital, LLC | New | $9.1m195.3k shares |
| Walleye Trading LLC | Reduced | $8.6m185.9k shares |
| GROUP ONE TRADING LLC | Added | $5.6m120.7k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $15.8m340.9k shares |
| Squarepoint Ops LLC | Added | $12.6m272.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $8.8m189.1k shares |
| Walleye Trading LLC | Reduced | $8.7m187.5k shares |
| SIMPLEX TRADING, LLC | Added | $7.5m161.9k shares |
| Balyasny Asset Management L.P. | New | $7.0m150.0k shares |
| PEAK6 Investments LLC | Reduced | $6.2m134.3k shares |
| JANE STREET GROUP, LLC | Reduced | $4.9m104.7k shares |
| IMC-Chicago, LLC | New | $3.6m76.5k shares |
| Point72 Asset Management, L.P. | Unchanged | $3.1m66.0k 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 -1.3 pts · filed 2026-04-24 | 10.6% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.5% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: PICTET ASSET MANAGEMENT SA (4.9%, 2026-09-25), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q1 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 |
|---|---|---|---|---|---|
| Q2 2022 | 0 | — | 4 | $1.9m | — |
| Q3 2022 | 0 | — | 4 | $2.6m | — |
| Q4 2022 | 0 | — | 5 | $2.8m | — |
| Q1 2023 | 0 | — | 5 | $3.5m | — |
| Q2 2023 | 0 | — | 5 | $19.0m | $886.4k |
| Q3 2023 | 0 | — | 4 | $1.8m | $234.1k |
| Q4 2023 | 0 | — | 5 | $7.1m | $2.3m |
| Q1 2024 | 0 | — | 4 | $3.5m | $2.1m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-03-15 | MCCONNELL RICK M Chief Executive Officer, director | Sold plan | $1.2m25.0k shares |
| 2024-03-12 | Zugelder Dan SVP, Chief Revenue Officer | Sold plan | $199.0k4.3k shares |
| 2024-03-06 | MCCONNELL RICK M Chief Executive Officer, director | Sold | $562.6k12.0k shares |
| 2024-03-06 | Greifeneder Bernd SVP, Chief Technology Officer | Sold | $243.0k5.2k shares |
| 2024-03-06 | Zugelder Dan SVP, Chief Revenue Officer | Sold | $97.8k2.1k shares |
| 2024-03-06 | Dollentz-Scharer Matthias Chief Customer Officer | Sold | $97.3k2.1k shares |
| 2024-02-16 | Greifeneder Bernd SVP, Chief Technology Officer | Sold | $191.5k3.7k shares |
| 2024-02-16 | Dollentz-Scharer Matthias Chief Customer Officer | Sold | $107.8k2.1k shares |
| 2024-02-16 | MCCONNELL RICK M Chief Executive Officer, director | Sold | $103.4k2.0k shares |
| 2024-02-15 | Zugelder Dan SVP, Chief Revenue Officer | Sold plan | $347.0k6.6k shares |
| 2024-02-12 | THOMA BRAVO FUND X, L.P. +9 10% owner · See footnote | Sold | $749.2m14.2m shares |
| 2024-01-16 | Zugelder Dan SVP, Chief Revenue Officer | Sold plan | $371.0k6.6k 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, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 27.9m $1.3bn | Added +1.7m |
| BlackRock Inc. 0.03% of their portfolio | 27.0m $1.3bn | Added +1.6m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.11% of their portfolio | 19.5m $904.3m | Reduced -2.4m |
| FMR LLC 0.04% of their portfolio | 14.2m $660.7m | Reduced -4.1m |
| BROWN ADVISORY INC 0.79% of their portfolio | 12.7m $590.0m | Added +962.3k |
| STATE STREET CORP 0.02% of their portfolio | 8.3m $384.4m | Added +536.5k |
| THOMA BRAVO, L.P. 3.45% of their portfolio | 7.7m $355.6m | Reduced -17.1m |
| JANUS HENDERSON GROUP PLC 0.18% of their portfolio | 7.3m $338.1m | Added +583.2k |
| AMERICAN CENTURY COMPANIES INC 0.17% of their portfolio | 5.9m $274.9m | Added +1.9m |
| WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio | 5.5m $257.5m | Reduced -1.9m |
| MORGAN STANLEY 0.01% of their portfolio | 5.1m $238.2m | Reduced -2.5m |
| AMERIPRISE FINANCIAL INC 0.06% of their portfolio | 4.9m $226.9m | Added +500.2k |
| Dragoneer Investment Group, LLC 4.92% of their portfolio | 4.6m $212.6m | New |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.53% of their portfolio | 4.4m $206.1m | Reduced -68.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 4.1m $188.5m | Added +277.6k |
| Amundi 0.07% of their portfolio | 3.7m $170.7m | Added +1.2m |
| RGM Capital, LLC 6.79% of their portfolio | 3.6m $168.3m | Added +208.2k |
| Pictet Asset Management Holding SA 0.18% of their portfolio | 3.6m $165.4m | Added +3.5m |
| Bank of New York Mellon Corp 0.03% of their portfolio | 3.5m $164.0m | Reduced -137.3k |
| Man Group plc 0.38% of their portfolio | 3.1m $142.2m | Added +2.7m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 3.0m $140.4m | Added +610.2k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 2.9m $136.0m | Reduced -431.1k |
| Jericho Capital Asset Management L.P. 3.57% of their portfolio | 2.9m $133.7m | New |
| Handelsbanken Fonder AB 0.48% of their portfolio | 2.4m $111.1m | Added +523.8k |
| NORGES BANK 0.02% of their portfolio | 2.1m $98.5m | Reduced -594.1k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.47% of their portfolio | 1.9m $89.3m | Reduced -24.0k |
| Perpetual Ltd 0.85% of their portfolio | 1.9m $86.7m | Added +354.9k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 1.8m $84.8m | Added +584.9k |
| CONGRESS ASSET MANAGEMENT CO 0.60% of their portfolio | 1.8m $84.3m | Added +1.6m |
| Mirae Asset Global Investments Co., Ltd. 0.15% of their portfolio | 1.8m $70.9m | Reduced -520.1k |
| Capital International Investors 0.02% of their portfolio | 1.7m $80.1m | Added +609 |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.7m $79.8m | Reduced -149.3k |
| Advent International, L.P. 1.33% of their portfolio | 1.6m $75.7m | Added +1.1m |
| ArrowMark Colorado Holdings LLC 0.85% of their portfolio | 1.6m $75.5m | Reduced -338.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.07% of their portfolio | 1.6m $74.0m | Added +7.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.5m $71.9m | Added +57.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.5m $70.0m | Reduced -180.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 1.5m $68.8m | Added +177.4k |
| Clearbridge Investments, LLC 0.05% of their portfolio | 1.5m $68.6m | Added +46 |
| Baird Financial Group, Inc. 0.14% of their portfolio | 1.5m $67.8m | Reduced -16.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.10% of their portfolio | 1.3m $62.0m | Added +1.0m |
| Qube Research & Technologies Ltd 0.11% of their portfolio | 1.3m $60.1m | Added +1.2m |
| CREDIT SUISSE AG/ 0.05% of their portfolio | 1.2m $56.7m | Added +1.0m |
| Allspring Global Investments Holdings, LLC 0.08% of their portfolio | 1.1m $52.6m | Reduced -760.0k |
| Invesco Ltd. 0.01% of their portfolio | 1.1m $51.6m | Reduced -8.2k |
| TUDOR INVESTMENT CORP ET AL 0.59% of their portfolio | 1.0m $48.0m | Added +978.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 1.0m $47.9m | Added +288.8k |
| GLENMEDE TRUST CO NA 0.24% of their portfolio | 1.0m $47.1m | New |
| Squarepoint Ops LLC 0.19% of their portfolio | 998.2k $46.4m | New |
| Point72 Asset Management, L.P. 0.13% of their portfolio | 984.5k $45.7m | Reduced -445.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 944.3k $43.9m | Reduced -91.9k |
| JUPITER ASSET MANAGEMENT LTD 0.41% of their portfolio | 922.0k $42.8m | Added +673.3k |
| AEGON ASSET MANAGEMENT UK Plc 0.62% of their portfolio | 893.5k $41.5m | Added +67.7k |
| Keenan Capital, LLC 10.09% of their portfolio | 848.1k $39.4m | Added +27.0k |
| Swiss National Bank 0.03% of their portfolio | 820.4k $38.1m | Added +40.8k |
| Dorsal Capital Management, LP 1.24% of their portfolio | 800.0k $37.2m | New |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 756.2k $35.1m | Reduced -79.2k |
| MAPLELANE CAPITAL, LLC 2.36% of their portfolio | 752.0k $34.9m | New |
| Cubist Systematic Strategies, LLC 0.39% of their portfolio | 742.2k $34.5m | Added +661.1k |
| BARCLAYS PLC 0.02% of their portfolio | 740.2k $34.4m | Reduced -294.7k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 736.7k $34.2m | Added +21.3k |
| Legal & General Group Plc 0.01% of their portfolio | 725.1k $33.7m | Added +34.2k |
| STRS OHIO 0.13% of their portfolio | 697.7k $32.4m | Added +77.6k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 686.4k $31.9m | Added +63.9k |
| HMI Capital Management, L.P. 1.15% of their portfolio | 674.4k $31.3m | New |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 648.3k $30.1m | Reduced -190.8k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 619.9k $28.8m | Reduced -291.8k |
| Cercano Management LLC 0.80% of their portfolio | 619.1k $28.7m | Added +33.6k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 615.9k $28.6m | Added +20.6k |
| DSM CAPITAL PARTNERS LLC 0.38% of their portfolio | 603.6k $28.0m | Added +603.1k |
| Melqart Asset Management (UK) Ltd 2.07% of their portfolio | 600.6k $27.9m | New |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 575.8k $26.7m | Added +43.6k |
| BAMCO INC /NY/ 0.07% of their portfolio | 570.8k $26.5m | Reduced -214.4k |
| Artemis Investment Management LLP 0.34% of their portfolio | 566.7k $26.3m | Added +2.4k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 550.8k $25.6m | Added +88.5k |
| CANADA LIFE ASSURANCE Co 0.05% of their portfolio | 518.4k $24.1m | Added +54.4k |
| BLAIR WILLIAM & CO/IL 0.07% of their portfolio | 512.6k $23.8m | Added +124.4k |
| Migdal Insurance & Financial Holdings Ltd. 0.38% of their portfolio | 505.0k $23.5m | Added +170.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.03% of their portfolio | 490.4k $22.9m | Reduced -44.5k |
| UBS Group AG 0.01% of their portfolio | 466.0k $21.6m | Added +112.1k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 455.3k $21.1m | Added +402.0k |
| NICHOLAS COMPANY, INC. 0.35% of their portfolio | 453.6k $21.1m | Added +56.1k |
| National Pension Service 0.02% of their portfolio | 448.3k $20.8m | New |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 444.1k $20.6m | Reduced -2.0m |
| California Public Employees Retirement System 0.01% of their portfolio | 439.7k $20.4m | Added +8.6k |
| TWINBEECH CAPITAL LP 0.42% of their portfolio | 438.9k $20.4m | Added +165.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.09% of their portfolio | 432.4k $20.1m | Added +324.8k |
| Avala Global LP 1.46% of their portfolio | 430.2k $20.0m | New |
| Woodline Partners LP 0.18% of their portfolio | 413.6k $19.2m | Added +163.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 408.1k $19.0m | Added +28.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 394.3k $18.3m | Added +26.9k |
| Robeco Institutional Asset Management B.V. 0.04% of their portfolio | 372.1k $17.3m | Added +76.6k |
| COMERICA BANK 0.07% of their portfolio | 367.2k $17.1m | Reduced -13.9k |
| Varma Mutual Pension Insurance Co 0.15% of their portfolio | 361.0k $16.8m | New |
| MARSHALL WACE, LLP 0.03% of their portfolio | 360.3k $16.7m | Reduced -137.2k |
| Thrivent Financial for Lutherans 0.03% of their portfolio | 354.0k $16.4m | Reduced -82.9k |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 345.5k $16.0m | Reduced -77.7k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.07% of their portfolio | 337.5k $15.7m | Unchanged |
| Engineers Gate Manager LP 0.39% of their portfolio | 322.9k $15.0m | Added +241.3k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.05% of their portfolio | 319.7k $14.8m | Reduced -4.5k |