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 ($14.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $64.37. Options: 17 managers hold calls ($118.9m notional), 12 hold puts ($64.6m).
Trends to Q4 2025
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 |
| Q1 2025 | 306 |
| Q2 2025 | 330 |
| Q3 2025 | 321 |
| Q4 2025 | 350 |
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 | 117 | 101 |
| Q2 2024 | 129 | 115 |
| Q3 2024 | 140 | 135 |
| Q4 2024 | 132 | 134 |
| Q1 2025 | 151 | 147 |
| Q2 2025 | 171 | 148 |
| Q3 2025 | 163 | 164 |
| Q4 2025 | 160 | 162 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $136.2m | $44.7m | 0.33 |
| Q2 2025 | $137.9m | $73.3m | 0.53 |
| Q3 2025 | $133.7m | $75.8m | 0.57 |
| Q4 2025 | $118.9m | $64.6m | 0.54 |
Biggest buyers
| Egerton Capital (UK) LLP | Added | +1.2m |
| AMERICAN CENTURY COMPANIES INC | Added | +910.4k |
| Driehaus Capital Management LLC | Added | +661.1k |
| Invesco Ltd. | Added | +607.9k |
| RWC ASSET ADVISORS (US) LLC | Added | +465.7k |
| LORD, ABBETT & CO. LLC | New | +445.8k |
| BANK OF MONTREAL /CAN/ | Added | +385.2k |
| Union Bancaire Privee, UBP SA | New | +376.5k |
| UBS Group AG | Added | +376.1k |
| HSBC HOLDINGS PLC | Added | +216.5k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -4.5m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.3m |
| BRANDES INVESTMENT PARTNERS, LP | Reduced | -727.6k |
| MACQUARIE GROUP LTD | Sold out | -482.9k |
| AGF MANAGEMENT LTD | Reduced | -448.0k |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -391.8k |
| CITADEL ADVISORS LLC | Reduced | -370.7k |
| Schonfeld Strategic Advisors LLC | Reduced | -300.7k |
| SPX Gestao de Recursos Ltda | Reduced | -231.2k |
| Artemis Investment Management LLP | Reduced | -227.6k |
Biggest calls
| PEAK6 LLC | Reduced | $24.9m386.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $19.6m304.5k shares |
| GROUP ONE TRADING LLC | Added | $14.5m224.8k shares |
| PINNBROOK CAPITAL MANAGEMENT LP | New | $9.4m146.5k shares |
| Optiver Holding B.V. | Added | $9.1m140.9k shares |
| Walleye Trading LLC | Reduced | $8.0m123.7k shares |
| CITADEL ADVISORS LLC | Reduced | $5.4m83.4k shares |
| NOMURA HOLDINGS INC | New | $4.8m75.2k shares |
| Walleye Capital LLC | Added | $4.6m71.5k shares |
| JANE STREET GROUP, LLC | Added | $4.3m67.5k shares |
Biggest puts
| PEAK6 LLC | Unchanged | $19.3m300.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $18.7m290.9k shares |
| CITADEL ADVISORS LLC | Added | $8.9m138.8k shares |
| Optiver Holding B.V. | Added | $6.7m104.1k shares |
| Walleye Capital LLC | Reduced | $2.7m42.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $1.7m26.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.7m25.7k shares |
| Walleye Trading LLC | Reduced | $1.4m21.8k shares |
| TUDOR INVESTMENT CORP ET AL | Reduced | $1.1m16.8k shares |
| GROUP ONE TRADING LLC | Reduced | $978.4k15.2k 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 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.
None reported in Q4 2025.
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| GQG Partners LLC 0.85% of their portfolio | 8.0m $515.3m | Reduced -69.2k |
| JENNISON ASSOCIATES LLC 0.22% of their portfolio | 5.7m $368.8m | Added +174.8k |
| BRANDES INVESTMENT PARTNERS, LP 2.53% of their portfolio | 5.2m $331.9m | Reduced -727.6k |
| MORGAN STANLEY 0.02% of their portfolio | 5.1m $326.0m | Reduced -112.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio | 4.1m $266.7m | Added +30.1k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 3.6m $231.8m | Added +192.9k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 3.6m $229.1m | Reduced -4.5m |
| AMERICAN CENTURY COMPANIES INC 0.11% of their portfolio | 3.5m $222.8m | Added +910.4k |
| Invesco Ltd. 0.02% of their portfolio | 3.4m $220.0m | Added +607.9k |
| Egerton Capital (UK) LLP 2.29% of their portfolio | 3.3m $211.0m | Added +1.2m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.09% of their portfolio | 2.4m $156.7m | Reduced -160.1k |
| GILDER GAGNON HOWE & CO LLC 1.58% of their portfolio | 2.3m $149.6m | Reduced -51.7k |
| AGF MANAGEMENT LTD 0.49% of their portfolio | 1.8m $113.5m | Reduced -448.0k |
| Nuveen, LLC 0.03% of their portfolio | 1.7m $108.5m | Reduced -165.6k |
| Driehaus Capital Management LLC 0.70% of their portfolio | 1.6m $102.4m | Added +661.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.5m $99.5m | Reduced -1.3m |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.5m $98.7m | Reduced -75.7k |
| BECKER CAPITAL MANAGEMENT INC 2.47% of their portfolio | 1.3m $86.2m | Reduced -91.6k |
| RWC ASSET ADVISORS (US) LLC 15.11% of their portfolio | 1.2m $79.8m | Added +465.7k |
| UBS Group AG 0.01% of their portfolio | 1.1m $74.0m | Added +376.1k |
| Carrhae Capital LLP 4.92% of their portfolio | 1.1m $73.8m | Reduced -31.4k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 1.1m $72.3m | Added +152.3k |
| Amundi 0.02% of their portfolio | 1.1m $72.1m | Added +57.4k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.11% of their portfolio | 1.1m $70.6m | First filing |
| Itau Unibanco Holding S.A. 1.68% of their portfolio | 1.1m $68.5m | Added +8.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio | 743.1k $47.8m | Added +31.2k |
| VANGUARD GROUP INC 0.00% of their portfolio | 715.0k $46.0m | Reduced -5.4k |
| Man Group plc 0.09% of their portfolio | 700.6k $45.1m | Added +46.9k |
| FMR LLC 0.00% of their portfolio | 515.5k $33.2m | Added +80.2k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 510.9k $32.9m | Added +216.5k |
| DNB Asset Management AS 0.11% of their portfolio | 484.7k $31.2m | Added +24.4k |
| ASSETMARK, INC 0.06% of their portfolio | 482.4k $31.1m | Added +12.3k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 449.1k $28.9m | Added +385.2k |
| LORD, ABBETT & CO. LLC 0.09% of their portfolio | 445.8k $28.7m | New |
| Nicholas Investment Partners, LP 2.01% of their portfolio | 429.0k $27.6m | Added +17.4k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 393.2k $25.3m | Reduced -135.4k |
| Union Bancaire Privee, UBP SA 0.27% of their portfolio | 376.5k $23.0m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 375.6k $24.2m | Reduced -21.4k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 362.3k $23.3m | Reduced -370.7k |
| TimesSquare Capital Management, LLC 0.35% of their portfolio | 362.1k $23.3m | Added +55.6k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 330.7k $21.3m | Added +75.9k |
| RWC Asset Management LLP 1.04% of their portfolio | 327.4k $21.1m | Added +119.0k |
| Aubrey Capital Management Ltd 7.88% of their portfolio | 311.0k $20.0m | Unchanged |
| AXIOM INVESTORS LLC /DE 0.17% of their portfolio | 294.8k $19.0m | Reduced -1.9k |
| Walleye Capital LLC 0.11% of their portfolio | 290.8k $18.7m | Reduced -39.0k |
| Coronation Fund Managers Ltd. 0.81% of their portfolio | 279.3k $18.0m | Reduced -42.6k |
| Capital Wealth Planning, LLC 0.12% of their portfolio | 275.3k $18.0m | Added +75.2k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 273.7k $17.6m | Reduced -215.5k |
| STATE STREET CORP 0.00% of their portfolio | 263.8k $17.0m | Reduced -94.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 252.6k $16.3m | Reduced -46.1k |
| Graham Capital Management, L.P. 0.54% of their portfolio | 245.3k $15.8m | Added +53.0k |
| Artemis Investment Management LLP 0.16% of their portfolio | 205.1k $13.2m | Reduced -227.6k |
| Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio | 204.8k $13.2m | Reduced -391.8k |
| Zweig-DiMenna Associates LLC 0.89% of their portfolio | 195.2k $12.6m | Reduced -1.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 180.8k $11.6m | Reduced -25.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 179.5k $11.6m | Reduced -42.7k |
| AMS Capital Ltda 3.92% of their portfolio | 157.3k $10.1m | New |
| LPL Financial LLC 0.00% of their portfolio | 152.3k $9.8m | Added +27.8k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 144.1k $9.3m | Added +122.9k |
| RPg Family Wealth Advisory, LLC 1.99% of their portfolio | 140.6k $9.1m | Added +1.4k |
| BlackRock, Inc. 0.00% of their portfolio | 135.0k $8.7m | Added +10.0k |
| BEARING POINT CAPITAL, LLC 1.32% of their portfolio | 130.7k $8.4m | Added +10.0k |
| Ramirez Asset Management, Inc. 1.09% of their portfolio | 128.1k $8.2m | Reduced -6.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 125.7k $8.1m | Reduced -124.1k |
| Perpetual Ltd 0.12% of their portfolio | 124.7k $8.0m | Reduced -35.7k |
| U S GLOBAL INVESTORS INC 0.85% of their portfolio | 123.8k $8.0m | Reduced -9.0k |
| Schonfeld Strategic Advisors LLC 0.04% of their portfolio | 121.4k $7.8m | Reduced -300.7k |
| Atika Capital Management LLC 1.04% of their portfolio | 115.9k $7.5m | New |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio | 114.4k $7.4m | Reduced -5.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 112.5k $7.2m | Added +98.5k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 105.1k $6.8m | Added +45.6k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 103.7k $6.7m | Added +3.2k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 103.3k $6.6m | Reduced -60.5k |
| BROWN ADVISORY INC 0.01% of their portfolio | 99.9k $6.4m | Reduced -1.4k |
| Kapitalo Investimentos Ltda 1.22% of their portfolio | 99.4k $6.4m | Added +8.3k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 99.4k $6.4m | Reduced -5.0k |
| Gallo Partners, LP 5.12% of their portfolio | 90.2k $5.8m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 82.9k $5.3m | New |
| Corient Private Wealth LP 0.00% of their portfolio | 82.8k $5.3m | Added +26.7k |
| LBP AM SA 0.06% of their portfolio | 82.6k $5.3m | Reduced -20.9k |
| NAVELLIER & ASSOCIATES INC 0.59% of their portfolio | 81.8k $5.3m | Reduced -1.9k |
| DELTEC ASSET MANAGEMENT LLC 0.87% of their portfolio | 81.5k $5.2m | Reduced -3.0k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 78.4k $5.0m | Reduced -2.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 75.7k $4.9m | Unchanged |
| IBEX WEALTH ADVISORS 0.47% of their portfolio | 74.4k $4.8m | New |
| Congress Park Capital LLC 1.35% of their portfolio | 70.4k $4.5m | Reduced -1.5k |
| Jump Financial, LLC 0.06% of their portfolio | 69.6k $4.5m | New |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 63.0k $4.1m | Reduced -53.6k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio | 62.5k $4.0m | Reduced -14.3k |
| Gunderson Capital Management LLC 1.76% of their portfolio | 60.5k $3.9m | Added +48.5k |
| CAPITAL FUND MANAGEMENT S.A. 0.04% of their portfolio | 59.9k $3.9m | Reduced -14.4k |
| Dorsey Wright & Associates 0.82% of their portfolio | 59.0k $3.8m | Added +2.2k |
| Independent Advisor Alliance 0.09% of their portfolio | 55.6k $3.6m | Reduced -1.3k |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 55.4k $3.6m | Added +48.6k |
| Future Fund LLC 1.13% of their portfolio | 55.4k $3.6m | Added +19.2k |
| MITCHELL CAPITAL MANAGEMENT CO 0.61% of their portfolio | 53.3k $3.4m | Reduced -62 |
| DIVERSIFY WEALTH MANAGEMENT, LLC 0.18% of their portfolio | 53.2k $3.9m | Added +2.0k |
| Legato Capital Management LLC 0.29% of their portfolio | 51.9k $3.3m | Added +15.1k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 51.3k $3.4m | Added +263 |
| KLEIN PAVLIS & PEASLEY FINANCIAL, INC. 1.90% of their portfolio | 50.0k $3.2m | Reduced -600 |