EMBRAER S.A. EMBJ
SPONSORED ADS · ADR · CUSIP 29082A107 · ISIN US29082A1079
Aircraft manufacturer in Brazil
- SectorIndustrials
- IndustryAircraft
- HeadquartersSão José dos Campos, Brazil
- Founded1969
- Websiteembraer.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 ($7.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $36.66. Options: 21 managers hold calls ($87.4m notional), 17 hold puts ($51.4m).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 136 |
| Q4 2022 | 140 |
| Q1 2023 | 152 |
| Q2 2023 | 146 |
| Q3 2023 | 166 |
| Q4 2023 | 184 |
| Q1 2024 | 215 |
| Q2 2024 | 243 |
| Q3 2024 | 268 |
| Q4 2024 | 281 |
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 2023 | 77 | 75 |
| Q2 2023 | 64 | 87 |
| Q3 2023 | 76 | 79 |
| Q4 2023 | 71 | 96 |
| Q1 2024 | 117 | 101 |
| Q2 2024 | 129 | 115 |
| Q3 2024 | 140 | 135 |
| Q4 2024 | 132 | 134 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $77.4m | $70.5m | 0.91 |
| Q2 2024 | $66.1m | $36.9m | 0.56 |
| Q3 2024 | $168.8m | $53.4m | 0.32 |
| Q4 2024 | $87.4m | $51.4m | 0.59 |
Biggest buyers
| GOLDMAN SACHS GROUP INC | Added | +1.5m |
| Invesco Ltd. | Added | +1.2m |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | New | +1.2m |
| Carrhae Capital LLP | Added | +866.9k |
| Connor, Clark & Lunn Investment Management Ltd. | Added | +746.8k |
| VICTORY CAPITAL MANAGEMENT INC | New | +682.2k |
| AMERIPRISE FINANCIAL INC | Added | +528.5k |
| Verition Fund Management LLC | Added | +434.0k |
| AQR CAPITAL MANAGEMENT LLC | Added | +406.4k |
| GILDER GAGNON HOWE & CO LLC | Added | +390.1k |
Biggest sellers
| BRANDES INVESTMENT PARTNERS, LP | Reduced | -1.3m |
| MORGAN STANLEY | Reduced | -742.6k |
| FMR LLC | Reduced | -725.7k |
| TT International Asset Management LTD | Sold out | -628.9k |
| Itau Unibanco Holding S.A. | Reduced | -422.2k |
| NEW YORK STATE COMMON RETIREMENT FUND | Reduced | -387.5k |
| Philadelphia Financial Management of San Francisco, LLC | Sold out | -304.4k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Sold out | -300.0k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -181.3k |
| AGF MANAGEMENT LTD | Reduced | -165.8k |
Biggest calls
| UBS Group AG | Reduced | $21.0m573.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $14.0m382.3k shares |
| PEAK6 LLC | First filing | $8.8m238.7k shares |
| GROUP ONE TRADING LLC | Reduced | $7.3m199.2k shares |
| CITADEL ADVISORS LLC | Reduced | $5.7m155.6k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $4.2m113.2k shares |
| Walleye Capital LLC | Added | $3.9m106.4k shares |
| Walleye Trading LLC | Reduced | $3.5m95.2k shares |
| Point72 Asset Management, L.P. | Unchanged | $3.2m88.5k shares |
| JANE STREET GROUP, LLC | Reduced | $2.7m73.2k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $11.3m308.2k shares |
| PEAK6 LLC | First filing | $8.1m222.1k shares |
| Walleye Capital LLC | Added | $7.7m211.0k shares |
| Optiver Holding B.V. | Reduced | $4.3m118.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $4.2m115.8k shares |
| SIMPLEX TRADING, LLC | Added | $4.1m111.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.4m92.0k shares |
| Point72 Asset Management, L.P. | Unchanged | $1.6m43.7k shares |
| WOLVERINE TRADING, LLC | Added | $1.6m42.8k shares |
| Qube Research & Technologies Ltd | New | $1.2m32.5k 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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2026-01-21 | 6.9% |
| BRANDES INVESTMENT PARTNERS, LP 13G · institution +0.8 pts · filed 2026-08-13 | 5.3% |
Fell to 5% or below in the last year: MORGAN STANLEY (3.4%, 2026-08-13)
Insider purchases and sales in Q4 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.
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| BRANDES INVESTMENT PARTNERS, LP 3.65% of their portfolio | 8.9m $326.3m | Reduced -1.3m |
| MORGAN STANLEY 0.02% of their portfolio | 6.8m $248.5m | Reduced -742.6k |
| Egerton Capital (UK) LLP 1.54% of their portfolio | 3.6m $133.3m | Reduced -73.1k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 3.5m $126.6m | Added +1.5m |
| Carrhae Capital LLP 11.57% of their portfolio | 2.7m $98.0m | Added +866.9k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.7m $97.9m | Reduced -17.2k |
| GILDER GAGNON HOWE & CO LLC 0.96% of their portfolio | 2.4m $89.5m | Added +390.1k |
| AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio | 2.3m $83.6m | Reduced -55.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.06% of their portfolio | 2.2m $81.1m | Added +176.2k |
| Driehaus Capital Management LLC 0.67% of their portfolio | 2.2m $80.8m | Reduced -44.8k |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 1.9m $69.5m | Reduced -28.1k |
| BECKER CAPITAL MANAGEMENT INC 2.05% of their portfolio | 1.7m $62.9m | Reduced -68.2k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.6m $59.6m | Reduced -3.9k |
| JENNISON ASSOCIATES LLC 0.03% of their portfolio | 1.3m $47.9m | Reduced -24.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio | 1.3m $47.7m | Reduced -181.3k |
| Invesco Ltd. 0.01% of their portfolio | 1.2m $45.3m | Added +1.2m |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.39% of their portfolio | 1.2m $42.3m | New |
| Amundi 0.01% of their portfolio | 1.1m $43.1m | Reduced -94.1k |
| TimesSquare Capital Management, LLC 0.53% of their portfolio | 996.4k $36.5m | Added +334.2k |
| FMR LLC 0.00% of their portfolio | 900.3k $33.0m | Reduced -725.7k |
| North of South Capital LLP 3.90% of their portfolio | 875.2k $32.1m | Reduced -98.9k |
| VANGUARD GROUP INC 0.00% of their portfolio | 870.4k $31.9m | Reduced -29.3k |
| Connor, Clark & Lunn Investment Management Ltd. 0.14% of their portfolio | 824.6k $30.2m | Added +746.8k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 795.5k $28.9m | Added +406.4k |
| AXIOM INVESTORS LLC /DE 0.21% of their portfolio | 772.3k $28.3m | Added +126.5k |
| Artemis Investment Management LLP 0.37% of their portfolio | 705.6k $25.9m | Reduced -152.6k |
| Itau Unibanco Holding S.A. 0.79% of their portfolio | 690.1k $25.3m | Reduced -422.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 682.2k $25.0m | New |
| Simplicity Wealth,LLC 5.17% of their portfolio | 675.4k $24.8m | Reduced -1.4k |
| Nicholas Investment Partners, LP 2.09% of their portfolio | 648.1k $23.8m | Added +64.1k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 587.1k $21.5m | Added +528.5k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 584.4k $21.4m | Added +263.0k |
| DNB Asset Management AS 0.09% of their portfolio | 539.2k $19.8m | Reduced -102.2k |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 525.5k $19.3m | Reduced -929 |
| TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio | 506.1k $18.6m | Added +108.7k |
| UBS Group AG 0.00% of their portfolio | 497.2k $18.2m | Added +358.0k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 464.7k $17.0m | Added +43.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 464.0k $17.0m | Added +21.3k |
| TWO SIGMA ADVISERS, LP 0.04% of their portfolio | 463.4k $17.0m | Reduced -6.9k |
| Verition Fund Management LLC 0.09% of their portfolio | 459.3k $16.8m | Added +434.0k |
| Allspring Global Investments Holdings, LLC 0.03% of their portfolio | 415.1k $15.7m | Reduced -16.3k |
| MASTERS CAPITAL MANAGEMENT LLC 2.50% of their portfolio | 400.0k $14.7m | Reduced -100.0k |
| STATE STREET CORP 0.00% of their portfolio | 384.7k $14.1m | Added +16.1k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 371.7k $13.6m | Reduced -10.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 360.3k $13.2m | Added +258.4k |
| AGF MANAGEMENT LTD 0.06% of their portfolio | 331.8k $12.2m | Reduced -165.8k |
| Oldfield Partners LLP 3.39% of their portfolio | 318.5k $11.7m | Reduced -105.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 316.2k $11.6m | Added +3.9k |
| Graham Capital Management, L.P. 0.31% of their portfolio | 273.9k $10.0m | Added +126.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 253.2k $9.3m | Added +8.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 242.0k $8.9m | Added +22.6k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 239.4k $8.8m | Added +41.1k |
| BlackRock, Inc. 0.00% of their portfolio | 229.5k $8.4m | Added +54.7k |
| Perpetual Ltd 0.10% of their portfolio | 224.1k $8.2m | Reduced -44.3k |
| Trexquant Investment LP 0.09% of their portfolio | 211.2k $7.7m | Added +176.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 200.4k $7.4m | Reduced -387.5k |
| PINNBROOK CAPITAL MANAGEMENT LP 2.46% of their portfolio | 191.0k $7.0m | Added +110.7k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 188.5k $6.9m | Reduced -2.3k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 186.2k $6.8m | Reduced -4.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 177.6k $6.5m | Added +8.9k |
| Man Group plc 0.02% of their portfolio | 168.3k $6.2m | Added +5.3k |
| Ramirez Asset Management, Inc. 1.22% of their portfolio | 165.3k $6.1m | Reduced -5.1k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 163.3k $6.0m | Added +98.8k |
| BEARING POINT CAPITAL, LLC 1.22% of their portfolio | 159.4k $5.8m | First filing |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 158.5k $5.8m | Added +90.2k |
| U S GLOBAL INVESTORS INC 0.53% of their portfolio | 146.0k $5.4m | Added +6.2k |
| Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio | 142.3k $2.2m | Added +821 |
| CIBC WORLD MARKET INC. 0.01% of their portfolio | 140.0k $5.1m | Reduced -31.2k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio | 137.5k $5.0m | New |
| Atika Capital Management LLC 0.65% of their portfolio | 136.6k $5.0m | New |
| CITIGROUP INC 0.00% of their portfolio | 127.3k $4.7m | Added +9.7k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 125.2k $4.6m | Reduced -46.4k |
| BROWN ADVISORY INC 0.01% of their portfolio | 124.5k $4.6m | Added +2.6k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 123.6k $4.5m | Reduced -76.1k |
| Boston Partners 0.01% of their portfolio | 117.5k $4.3m | Reduced -11.8k |
| Alberta Investment Management Corp 0.03% of their portfolio | 116.6k $4.3m | Reduced -31.4k |
| Dorsey Wright & Associates 1.00% of their portfolio | 114.8k $4.2m | Reduced -32.1k |
| FIL Ltd 0.00% of their portfolio | 109.6k $4.0m | Added +66.3k |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.10% of their portfolio | 108.5k $4.0m | Reduced -104.2k |
| American Trust Investment Advisors, LLC 1.49% of their portfolio | 99.3k $3.6m | Reduced -2.1k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 97.7k $3.6m | Added +29.6k |
| DELTEC ASSET MANAGEMENT LLC 0.69% of their portfolio | 95.2k $3.5m | Added +1.4k |
| Congress Park Capital LLC 1.25% of their portfolio | 93.8k $3.4m | Reduced -11.4k |
| Capital Wealth Planning, LLC 0.03% of their portfolio | 91.0k $3.3m | Added +7.4k |
| NOMURA HOLDINGS INC 0.02% of their portfolio | 86.3k $3.2m | Reduced -392 |
| Ninety One North America, Inc. 0.19% of their portfolio | 84.5k $3.1m | Added +10.7k |
| Optiver Holding B.V. 0.10% of their portfolio | 83.9k $3.1m | New |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.03% of their portfolio | 81.2k $3.0m | Added +2.6k |
| CAPITAL FUND MANAGEMENT S.A. 0.03% of their portfolio | 78.7k $2.9m | Added +44.0k |
| ASSETMARK, INC 0.01% of their portfolio | 77.2k $2.8m | Added +77.1k |
| Channing Global Advisors, LLC 1.87% of their portfolio | 76.3k $2.8m | Reduced -10.5k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 75.8k $2.8m | Added +566 |
| HANTZ FINANCIAL SERVICES, INC. 0.05% of their portfolio | 75.0k $2.7m | Reduced -9.0k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 74.7k $2.7m | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 67.1k $2.5m | Reduced -2.8k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 66.9k $2.5m | First filing |
| Legato Capital Management LLC 0.32% of their portfolio | 65.9k $2.4m | Added +8.8k |
| Engineers Gate Manager LP 0.04% of their portfolio | 61.1k $2.2m | Added +53.1k |
| Corient Private Wealth LP 0.00% of their portfolio | 59.7k $2.2m | Reduced -7.9k |
| PINNACLE ASSOCIATES LTD 0.03% of their portfolio | 59.2k $2.2m | Reduced -770 |