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 ($68.4m this quarter). Holder counts are more reliable. Shares outstanding: 301.5m as of 2025-11-03, 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 ≈ $48.46. Options: 24 managers hold calls ($152.7m notional), 18 hold puts ($73.6m).
Trends to Q3 2025
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 |
| Q2 2024 | 552 |
| Q3 2024 | 533 |
| Q4 2024 | 580 |
| Q1 2025 | 605 |
| Q2 2025 | 627 |
| Q3 2025 | 626 |
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 2023 | 309 | 182 |
| Q1 2024 | 356 | 217 |
| Q2 2024 | 299 | 261 |
| Q3 2024 | 333 | 231 |
| Q4 2024 | 330 | 217 |
| Q1 2025 | 346 | 248 |
| Q2 2025 | 351 | 276 |
| Q3 2025 | 352 | 280 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $186.0m | $103.2m | 0.55 |
| Q1 2025 | $179.3m | $62.2m | 0.35 |
| Q2 2025 | $152.9m | $64.0m | 0.42 |
| Q3 2025 | $152.7m | $73.6m | 0.48 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +6.4m |
| Pictet Asset Management Holding SA | Added | +3.8m |
| JPMORGAN CHASE & CO | Added | +3.6m |
| CITADEL ADVISORS LLC | Added | +2.6m |
| Freestone Grove Partners LP | Added | +1.4m |
| Temasek Holdings (Private) Ltd | Added | +1.1m |
| FMR LLC | Added | +795.0k |
| VANGUARD GROUP INC | Added | +739.9k |
| Bridgewater Associates, LP | Added | +716.3k |
| VIRGINIA RETIREMENT SYSTEMS ET Al | Added | +611.5k |
Biggest sellers
| DSM CAPITAL PARTNERS LLC | Sold out | -3.3m |
| SCGE MANAGEMENT, L.P. | Sold out | -2.8m |
| JANUS HENDERSON GROUP PLC | Reduced | -2.6m |
| Jericho Capital Asset Management L.P. | Sold out | -2.6m |
| Point72 Asset Management, L.P. | Reduced | -2.1m |
| BROWN ADVISORY INC | Reduced | -2.1m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.5m |
| ROYAL BANK OF CANADA | Reduced | -1.5m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.3m |
| MORGAN STANLEY | Reduced | -1.2m |
Biggest calls
| PEAK6 LLC | Reduced | $59.9m1.2m shares |
| MILLENNIUM MANAGEMENT LLC | New | $14.6m301.9k shares |
| CITADEL ADVISORS LLC | Reduced | $14.4m297.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $11.8m244.5k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $10.0m205.8k shares |
| IMC-Chicago, LLC | Reduced | $5.2m107.7k shares |
| Caption Management, LLC | Unchanged | $4.7m98.0k shares |
| GROUP ONE TRADING LLC | Reduced | $4.6m94.5k shares |
| Verition Fund Management LLC | New | $3.6m75.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.2m66.1k shares |
Biggest puts
| JPMORGAN CHASE & CO | Added | $19.6m404.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $16.9m349.0k shares |
| CITADEL ADVISORS LLC | Added | $9.4m194.9k shares |
| UBS Group AG | Reduced | $5.8m120.7k shares |
| SIMPLEX TRADING, LLC | Added | $4.9m101.8k shares |
| PEAK6 LLC | Reduced | $3.3m68.4k shares |
| Walleye Trading LLC | Reduced | $2.5m50.6k shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $2.4m50.0k shares |
| WOLVERINE TRADING, LLC | Added | $2.3m47.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $1.9m39.0k 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 Q3 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 |
|---|---|---|---|---|---|
| Q4 2023 | 0 | — | 5 | $7.1m | $2.3m |
| Q1 2024 | 0 | — | 4 | $3.5m | $2.1m |
| Q2 2024 | 0 | — | 3 | $3.2m | $3.2m |
| Q3 2024 | 0 | — | 3 | $3.8m | $3.8m |
| Q4 2024 | 0 | — | 5 | $9.2m | $5.5m |
| Q1 2025 | 0 | — | 5 | $7.5m | $5.4m |
| Q2 2025 | 0 | — | 4 | $6.6m | $3.3m |
| Q3 2025 | 0 | — | 4 | $1.4m | $1.4m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-09-09 | Zugelder Dan EVP, Chief Revenue Officer | Sold plan | $373.3k7.5k shares |
| 2025-09-05 | Campbell Lisa M Director | Sold plan | $50.4k1.0k shares |
| 2025-09-05 | Greifeneder Bernd EVP, Chief Technology Officer | Sold | $4.2k86 shares |
| 2025-09-04 | Yates Daniel S. SVP, Chief Accounting Officer | Sold plan | $99.8k2.0k shares |
| 2025-07-01 | Zugelder Dan EVP, Chief Revenue Officer | Sold plan | $867.7k15.8k 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, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.03% of their portfolio | 36.8m $1.8bn | Reduced -533.4k |
| VANGUARD GROUP INC 0.02% of their portfolio | 32.1m $1.6bn | Added +739.9k |
| Pictet Asset Management Holding SA 0.59% of their portfolio | 12.6m $609.2m | Added +3.8m |
| STATE STREET CORP 0.02% of their portfolio | 10.6m $511.7m | Added +286.4k |
| BROWN ADVISORY INC 0.61% of their portfolio | 9.7m $469.4m | Reduced -2.1m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.05% of their portfolio | 9.3m $452.0m | Reduced -1.3m |
| GOLDMAN SACHS GROUP INC 0.06% of their portfolio | 8.7m $422.5m | Added +190.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.09% of their portfolio | 8.2m $396.6m | Added +18.2k |
| AMERICAN CENTURY COMPANIES INC 0.20% of their portfolio | 7.9m $383.7m | Added +73.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.06% of their portfolio | 7.3m $355.6m | Added +6.4m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 6.9m $332.9m | Added +3.6m |
| JANUS HENDERSON GROUP PLC 0.13% of their portfolio | 6.0m $291.8m | Reduced -2.6m |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 6.0m $288.0m | Added +203.8k |
| CITADEL ADVISORS LLC 0.22% of their portfolio | 5.6m $269.0m | Added +2.6m |
| RGM Capital, LLC 8.45% of their portfolio | 4.1m $200.6m | Added +88.9k |
| FMR LLC 0.01% of their portfolio | 4.0m $192.4m | Added +795.0k |
| EMINENCE CAPITAL, LP 2.42% of their portfolio | 3.4m $164.9m | Added +179.3k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.43% of their portfolio | 3.4m $164.6m | Reduced -765.5k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.68% of their portfolio | 3.3m $162.1m | Added +394.1k |
| CONGRESS ASSET MANAGEMENT CO 1.07% of their portfolio | 3.3m $161.4m | Added +212.6k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 3.3m $160.5m | Added +476.3k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 2.8m $136.8m | Added +38.1k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 2.8m $135.5m | Added +249.4k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 2.6m $125.2m | Added +270.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.19% of their portfolio | 2.5m $121.1m | Reduced -34.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 2.3m $113.1m | Added +117.1k |
| Handelsbanken Fonder AB 0.35% of their portfolio | 2.3m $109.4m | Reduced -233.7k |
| Clearbridge Investments, LLC 0.08% of their portfolio | 2.2m $105.8m | Reduced -23.8k |
| Dorsal Capital Management, LP 2.62% of their portfolio | 2.0m $96.9m | Reduced -150.0k |
| Temasek Holdings (Private) Ltd 0.34% of their portfolio | 2.0m $96.4m | Added +1.1m |
| VOYA INVESTMENT MANAGEMENT LLC 0.09% of their portfolio | 1.9m $93.7m | Reduced -73.1k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.7m $84.7m | Added +207.7k |
| ArrowMark Colorado Holdings LLC 1.55% of their portfolio | 1.7m $83.6m | Added +301.1k |
| Allianz Asset Management GmbH 0.10% of their portfolio | 1.7m $81.5m | Reduced -293.0k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 1.6m $76.0m | Reduced -147.3k |
| MORGAN STANLEY 0.00% of their portfolio | 1.5m $74.0m | Reduced -1.2m |
| Keenan Capital, LLC 13.72% of their portfolio | 1.5m $70.3m | Added +390.3k |
| Freestone Grove Partners LP 0.52% of their portfolio | 1.4m $69.3m | Added +1.4m |
| BAMCO INC /NY/ 0.18% of their portfolio | 1.4m $66.8m | Added +389.1k |
| TimesSquare Capital Management, LLC 0.92% of their portfolio | 1.3m $64.0m | Reduced -62.9k |
| BARCLAYS PLC 0.02% of their portfolio | 1.3m $64.0m | Added +202.1k |
| UBS Group AG 0.01% of their portfolio | 1.3m $61.9m | Added +351.0k |
| Bridgewater Associates, LP 0.24% of their portfolio | 1.3m $60.9m | Added +716.3k |
| Advent International, L.P. 1.18% of their portfolio | 1.2m $58.5m | Reduced -3.7k |
| Legal & General Group Plc 0.01% of their portfolio | 1.1m $55.4m | Added +2.7k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.24% of their portfolio | 1.1m $55.0m | Added +42.2k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.1m $52.5m | Added +131.0k |
| Allspring Global Investments Holdings, LLC 0.08% of their portfolio | 1.1m $52.0m | Added +55.0k |
| FIRST TRUST ADVISORS LP 0.04% of their portfolio | 1.0m $50.5m | Added +316.3k |
| Stephens Investment Management Group LLC 0.65% of their portfolio | 1.0m $50.4m | Added +402.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 1.0m $49.5m | Reduced -329.5k |
| FEDERATED HERMES, INC. 0.09% of their portfolio | 1.0m $48.9m | Added +14.5k |
| Amundi 0.02% of their portfolio | 980.7k $48.2m | Reduced -115.6k |
| Quantinno Capital Management LP 0.12% of their portfolio | 934.3k $45.3m | Added +450.1k |
| California Public Employees Retirement System 0.03% of their portfolio | 918.6k $44.5m | Reduced -191.8k |
| Robeco Institutional Asset Management B.V. 0.06% of their portfolio | 909.6k $44.1m | Added +11.1k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 875.1k $42.4m | Reduced -12.1k |
| Swiss National Bank 0.02% of their portfolio | 869.8k $42.1m | Reduced -36.4k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 859.4k $41.6m | Reduced -1.5m |
| Point72 Asset Management, L.P. 0.09% of their portfolio | 852.1k $41.3m | Reduced -2.1m |
| Invesco Ltd. 0.01% of their portfolio | 819.9k $39.7m | Added +26.3k |
| Nuveen, LLC 0.01% of their portfolio | 819.5k $39.7m | Reduced -10.8k |
| NATIXIS ADVISORS, LLC 0.06% of their portfolio | 779.4k $37.8m | Added +41.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 767.5k $37.2m | Reduced -12.2k |
| LBP AM SA 0.42% of their portfolio | 707.6k $34.3m | Added +76.1k |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 704.4k $34.1m | Added +489.3k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.12% of their portfolio | 690.5k $33.5m | Reduced -17.1k |
| COMERICA BANK 0.12% of their portfolio | 679.3k $32.9m | Added +124.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 651.7k $31.6m | Reduced -29.4k |
| Man Group plc 0.06% of their portfolio | 631.3k $30.6m | Added +32.2k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.19% of their portfolio | 615.3k $29.8m | Added +611.5k |
| Glenmede Investment Management, LP 0.14% of their portfolio | 582.9k $28.2m | Added +5.0k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 546.8k $26.5m | Reduced -74.0k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 539.8k $26.2m | Reduced -1.5m |
| Jain Global LLC 0.34% of their portfolio | 534.7k $25.9m | Added +158.0k |
| RENAISSANCE GROUP LLC 0.95% of their portfolio | 519.5k $25.2m | Reduced -78.1k |
| CANADA LIFE ASSURANCE Co 0.04% of their portfolio | 518.3k $25.6m | Added +44.1k |
| Artemis Investment Management LLP 0.31% of their portfolio | 515.1k $25.0m | Added +20.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 511.7k $24.8m | Reduced -162.3k |
| OSAIC HOLDINGS, INC. 0.03% of their portfolio | 488.8k $23.7m | Added +445.7k |
| Clal Insurance Enterprises Holdings Ltd 0.17% of their portfolio | 470.0k $22.8m | Unchanged |
| Cubist Systematic Strategies, LLC 0.32% of their portfolio | 464.6k $22.5m | Added +262.6k |
| BLAIR WILLIAM & CO/IL 0.06% of their portfolio | 452.3k $21.9m | Reduced -141.7k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 450.7k $21.8m | Added +256.3k |
| DAVIDSON INVESTMENT ADVISORS 0.92% of their portfolio | 446.2k $21.6m | Added +6.1k |
| NICHOLAS COMPANY, INC. 0.36% of their portfolio | 443.8k $21.5m | Added +95 |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 440.7k $21.4m | Added +8.1k |
| Assenagon Asset Management S.A. 0.03% of their portfolio | 432.4k $20.9m | Reduced -517.4k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.05% of their portfolio | 427.6k $20.7m | Added +8.7k |
| ExodusPoint Capital Management, LP 0.28% of their portfolio | 416.1k $20.2m | Added +184.4k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 412.0k $20.0m | Added +399.4k |
| ARMISTICE CAPITAL, LLC 0.61% of their portfolio | 400.0k $19.4m | Added +176.0k |
| SG Americas Securities, LLC 0.07% of their portfolio | 392.9k $19.0m | Added +379.4k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 392.4k $19.0m | Added +265.1k |
| Andra AP-fonden 0.24% of their portfolio | 385.0k $18.7m | New |
| Susquehanna Portfolio Strategies, LLC 0.30% of their portfolio | 385.0k $18.7m | Added +355.7k |
| CITIGROUP INC 0.01% of their portfolio | 374.8k $18.2m | Added +160.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 370.5k $17.9m | Reduced -46.7k |
| DANSKE BANK A/S 0.04% of their portfolio | 367.4k $17.8m | Reduced -25.5k |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 365.2k $17.7m | Reduced -7.5k |