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 ($109.8m this quarter). Holder counts are more reliable. Shares outstanding: 298.3m as of 2026-02-05, 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 ≈ $43.31. Options: 19 managers hold calls ($188.4m notional), 15 hold puts ($42.4m).
Trends to Q4 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 |
| Q4 2025 | 662 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2025 | 321 | 316 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $179.3m | $62.2m | 0.35 |
| Q2 2025 | $152.9m | $64.0m | 0.42 |
| Q3 2025 | $152.7m | $73.6m | 0.48 |
| Q4 2025 | $188.4m | $42.4m | 0.22 |
Biggest buyers
| Alyeska Investment Group, L.P. | Added | +2.7m |
| Pictet Asset Management Holding SA | Added | +2.1m |
| Qube Research & Technologies Ltd | Added | +1.7m |
| MARSHALL WACE, LLP | New | +1.6m |
| D. E. Shaw & Co., Inc. | New | +1.6m |
| FMR LLC | Added | +1.5m |
| Boston Trust Walden Corp | New | +1.2m |
| EMINENCE CAPITAL, LP | Added | +1.1m |
| Squarepoint Ops LLC | New | +1.1m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.0m |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -8.5m |
| JPMORGAN CHASE & CO | Reduced | -4.0m |
| CITADEL ADVISORS LLC | Reduced | -3.9m |
| GOLDMAN SACHS GROUP INC | Reduced | -3.6m |
| Dorsal Capital Management, LP | Sold out | -2.0m |
| JANUS HENDERSON GROUP PLC | Reduced | -1.1m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.0m |
| Point72 Asset Management, L.P. | Sold out | -852.1k |
| Handelsbanken Fonder AB | Reduced | -735.0k |
| CONGRESS ASSET MANAGEMENT CO | Reduced | -715.3k |
Biggest calls
| Cartenna Capital, LP | New | $81.1m1.9m shares |
| CITADEL ADVISORS LLC | Added | $27.7m638.3k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $14.0m321.9k shares |
| BARCLAYS PLC | Added | $13.4m310.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $12.8m295.5k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | New | $10.5m242.9k shares |
| PEAK6 LLC | Reduced | $5.2m120.8k shares |
| SIMPLEX TRADING, LLC | Added | $4.3m99.6k shares |
| JANE STREET GROUP, LLC | Added | $4.0m92.7k shares |
| IMC-Chicago, LLC | Reduced | $3.9m90.4k shares |
Biggest puts
| JPMORGAN CHASE & CO | Reduced | $8.8m202.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $8.3m191.8k shares |
| CITADEL ADVISORS LLC | Reduced | $6.8m157.3k shares |
| JANE STREET GROUP, LLC | Added | $4.3m98.6k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $2.3m52.8k shares |
| PEAK6 LLC | Reduced | $2.3m52.6k shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $2.2m50.0k shares |
| Twin Tree Management, LP | New | $1.9m43.4k shares |
| IMC-Chicago, LLC | Reduced | $1.4m33.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.1m24.7k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 |
| Q4 2025 | 0 | — | 5 | $5.2m | $5.2m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-10 | Zugelder Dan EVP, Chief Revenue Officer | Sold plan | $339.8k7.5k shares |
| 2025-12-05 | Campbell Lisa M Director | Sold plan | $11.2k253 shares |
| 2025-12-05 | Greifeneder Bernd EVP, Chief Technology Officer | Sold | $3.8k85 shares |
| 2025-11-17 | Yates Daniel S. SVP, Chief Accounting Officer | Sold plan | $93.4k2.0k shares |
| 2025-11-11 | MCCONNELL RICK M Chief Executive Officer, director | Sold plan | $1.4m30.0k shares |
| 2025-10-06 | Zugelder Dan EVP, Chief Revenue Officer | Sold plan | $375.1k7.5k shares |
| 2025-10-03 | MCCONNELL RICK M Chief Executive Officer, director | Sold plan | $589.8k11.8k shares |
| 2025-10-02 | MCCONNELL RICK M Chief Executive Officer, director | Sold plan | $2.4m48.2k 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.03% of their portfolio | 36.9m $1.6bn | Added +103.4k |
| VANGUARD GROUP INC 0.02% of their portfolio | 32.0m $1.4bn | Reduced -146.6k |
| Pictet Asset Management Holding SA 0.62% of their portfolio | 14.6m $635.0m | Added +2.1m |
| STATE STREET CORP 0.02% of their portfolio | 10.7m $462.2m | Added +102.0k |
| BROWN ADVISORY INC 0.58% of their portfolio | 9.6m $418.2m | Reduced -39.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.06% of their portfolio | 8.0m $346.7m | Added +659.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.07% of their portfolio | 7.9m $343.6m | Reduced -259.0k |
| AMERICAN CENTURY COMPANIES INC 0.16% of their portfolio | 7.3m $315.1m | Reduced -650.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 6.1m $263.6m | Added +137.2k |
| FMR LLC 0.01% of their portfolio | 5.5m $238.4m | Added +1.5m |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 5.2m $223.4m | Reduced -3.6m |
| JANUS HENDERSON GROUP PLC 0.10% of their portfolio | 4.9m $212.7m | Reduced -1.1m |
| EMINENCE CAPITAL, LP 3.10% of their portfolio | 4.5m $196.2m | Added +1.1m |
| RGM Capital, LLC 8.64% of their portfolio | 4.1m $178.0m | Reduced -33.3k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.61% of their portfolio | 3.4m $145.5m | Added +10.9k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.39% of their portfolio | 3.2m $139.4m | Reduced -182.0k |
| Alyeska Investment Group, L.P. 0.35% of their portfolio | 2.9m $125.2m | Added +2.7m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.8m $122.5m | Reduced -4.0m |
| NORTHERN TRUST CORP 0.02% of their portfolio | 2.8m $121.9m | Reduced -9.5k |
| CONGRESS ASSET MANAGEMENT CO 0.80% of their portfolio | 2.6m $113.4m | Reduced -715.3k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 2.6m $112.5m | Added +12.5k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.17% of their portfolio | 2.6m $111.0m | Added +61.3k |
| MORGAN STANLEY 0.01% of their portfolio | 2.5m $108.1m | Added +966.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 2.4m $104.2m | Added +71.6k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 2.3m $101.4m | Reduced -457.1k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.3m $100.2m | Reduced -1.0m |
| Clearbridge Investments, LLC 0.07% of their portfolio | 2.2m $93.5m | Reduced -25.8k |
| Qube Research & Technologies Ltd 0.12% of their portfolio | 2.0m $86.0m | Added +1.7m |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 1.9m $81.8m | Added +802.6k |
| BARCLAYS PLC 0.03% of their portfolio | 1.9m $81.1m | Added +551.4k |
| FEDERATED HERMES, INC. 0.13% of their portfolio | 1.8m $78.9m | Added +810.1k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.8m $77.5m | Added +38.9k |
| Temasek Holdings (Private) Ltd 0.23% of their portfolio | 1.7m $72.4m | Reduced -318.7k |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 1.7m $72.3m | Reduced -3.9m |
| MARSHALL WACE, LLP 0.07% of their portfolio | 1.6m $71.4m | New |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.27% of their portfolio | 1.6m $70.0m | Added +481.2k |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 1.6m $69.3m | New |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 1.6m $68.4m | Added +1.0m |
| Handelsbanken Fonder AB 0.20% of their portfolio | 1.5m $66.0m | Reduced -735.0k |
| BAMCO INC /NY/ 0.18% of their portfolio | 1.5m $65.0m | Added +121.4k |
| TWO SIGMA INVESTMENTS, LP 0.10% of their portfolio | 1.5m $64.5m | Added +1.0m |
| VOYA INVESTMENT MANAGEMENT LLC 0.06% of their portfolio | 1.5m $63.4m | Reduced -469.9k |
| Keenan Capital, LLC 11.45% of their portfolio | 1.5m $62.9m | Unchanged |
| Allianz Asset Management GmbH 0.07% of their portfolio | 1.4m $59.8m | Reduced -302.8k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 1.3m $58.3m | Reduced -244.9k |
| Bridgewater Associates, LP 0.20% of their portfolio | 1.3m $55.3m | Added +20.2k |
| TimesSquare Capital Management, LLC 0.83% of their portfolio | 1.3m $55.1m | Reduced -49.5k |
| JANE STREET GROUP, LLC 0.06% of their portfolio | 1.3m $54.6m | Added +555.3k |
| ArrowMark Colorado Holdings LLC 1.13% of their portfolio | 1.2m $51.4m | Reduced -539.2k |
| Boston Trust Walden Corp 0.38% of their portfolio | 1.2m $50.0m | New |
| Advent International, L.P. 1.02% of their portfolio | 1.1m $49.5m | Reduced -65.0k |
| Quantinno Capital Management LP 0.10% of their portfolio | 1.1m $49.1m | Added +198.0k |
| Legal & General Group Plc 0.01% of their portfolio | 1.1m $48.8m | Reduced -17.1k |
| Amundi 0.01% of their portfolio | 1.1m $48.2m | Added +130.3k |
| Stephens Investment Management Group LLC 0.62% of their portfolio | 1.1m $47.9m | Added +64.2k |
| Squarepoint Ops LLC 0.09% of their portfolio | 1.1m $46.8m | New |
| Freestone Grove Partners LP 0.33% of their portfolio | 1.0m $45.2m | Reduced -385.7k |
| Nuveen, LLC 0.01% of their portfolio | 1.0m $45.1m | Added +221.2k |
| Allspring Global Investments Holdings, LLC 0.07% of their portfolio | 1.0m $44.0m | Reduced -38.5k |
| Invesco Ltd. 0.00% of their portfolio | 991.2k $43.0m | Added +171.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio | 964.4k $41.8m | Added +452.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 902.9k $39.1m | Reduced -117.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 872.6k $37.8m | Reduced -8.5m |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 850.2k $36.8m | Reduced -24.9k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.22% of their portfolio | 847.4k $36.7m | Added +232.1k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 843.0k $36.5m | Reduced -199.4k |
| Swiss National Bank 0.02% of their portfolio | 826.0k $35.8m | Reduced -43.8k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 804.2k $34.9m | Reduced -55.2k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 783.7k $34.0m | Added +391.3k |
| LBP AM SA 0.39% of their portfolio | 777.0k $33.7m | Added +69.3k |
| California Public Employees Retirement System 0.02% of their portfolio | 766.0k $33.2m | Reduced -152.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 747.5k $32.4m | Reduced -20.0k |
| Robeco Institutional Asset Management B.V. 0.04% of their portfolio | 728.1k $31.6m | Reduced -181.6k |
| TWO SIGMA ADVISERS, LP 0.06% of their portfolio | 710.7k $30.8m | Added +606.8k |
| ExodusPoint Capital Management, LP 0.32% of their portfolio | 673.3k $29.2m | Added +257.2k |
| GLENMEDE TRUST CO NA 0.13% of their portfolio | 655.4k $28.4m | First filing |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 649.9k $28.2m | Reduced -1.8k |
| UBS Group AG 0.01% of their portfolio | 648.0k $28.1m | Reduced -628.8k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.03% of their portfolio | 623.4k $27.0m | Added +195.8k |
| Man Group plc 0.05% of their portfolio | 613.6k $26.6m | Reduced -17.7k |
| Cartenna Capital, LP 1.37% of their portfolio | 600.0k $26.0m | New |
| Assenagon Asset Management S.A. 0.04% of their portfolio | 597.8k $25.9m | Added +165.5k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.09% of their portfolio | 566.0k $24.5m | Reduced -124.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 549.2k $23.8m | Added +361.2k |
| Caisse de depot et placement du Quebec 0.04% of their portfolio | 539.1k $23.4m | Added +177.2k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 518.5k $22.5m | Added +77.8k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 507.4k $22.0m | Reduced -39.4k |
| CANADA LIFE ASSURANCE Co 0.04% of their portfolio | 499.4k $21.6m | Reduced -18.8k |
| NATIXIS ADVISORS, LLC 0.03% of their portfolio | 491.5k $21.3m | Reduced -287.9k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 486.5k $21.1m | Added +269.4k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 468.9k $20.3m | Added +56.9k |
| Trexquant Investment LP 0.18% of their portfolio | 459.1k $19.9m | Added +137.2k |
| RENAISSANCE GROUP LLC 0.80% of their portfolio | 458.1k $19.9m | Reduced -61.5k |
| Artemis Investment Management LLP 0.24% of their portfolio | 451.3k $19.6m | Reduced -63.8k |
| Raiffeisen Bank International AG 0.26% of their portfolio | 450.0k $19.8m | Added +103.5k |
| CITIGROUP INC 0.01% of their portfolio | 444.7k $19.3m | Added +69.9k |
| Jump Financial, LLC 0.24% of their portfolio | 443.7k $19.2m | Added +258.5k |
| NICHOLAS COMPANY, INC. 0.34% of their portfolio | 443.6k $19.2m | Reduced -140 |
| Retirement Systems of Alabama 0.06% of their portfolio | 436.4k $18.9m | Added +71.8k |
| DAVIDSON INVESTMENT ADVISORS 0.75% of their portfolio | 414.1k $17.9m | Reduced -32.1k |