Vault-13

ASPEN TECHNOLOGY INC AZPN

COM · Common Stock · CUSIP 29109X106 · ISIN US29109X1063

356 institutional holders -18 vs Q1 2023
28,918,68728.9m shares reported held*
$4.9bnreported value*
42 new 123 added 139 reduced 67 sold out net sold ≈ $529.6m (-3.4m shares)

* 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 ($10.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $167.74. Options: 6 managers hold calls ($10.3m notional), 5 hold puts ($2.6m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 338Q4 22: 384Q1 23: 374Q2 23: 356356Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022338
Q4 2022384
Q1 2023374
Q2 2023356

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 213 bought or addedQ4 22: 163 cut or sold outQ4 22Q1 23: 198 bought or addedQ1 23: 185 cut or sold outQ1 23Q2 23: 165 bought or addedQ2 23: 206 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022213163
Q1 2023198185
Q2 2023165206

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30mQ3 22 calls: $25.7mQ3 22 puts: $7.2mQ3 22P/C 0.28Q4 22 calls: $14.9mQ4 22 puts: $2.8mQ4 22P/C 0.19Q1 23 calls: $17.7mQ1 23 puts: $5.7mQ1 23P/C 0.32Q2 23 calls: $10.3mQ2 23 puts: $2.6mQ2 23P/C 0.25
Numbers
QuarterCallsPutsP/C
Q3 2022$25.7m$7.2m0.28
Q4 2022$14.9m$2.8m0.19
Q1 2023$17.7m$5.7m0.32
Q2 2023$10.3m$2.6m0.25

Biggest buyers

Two Creeks Capital Management, LP Added +358,832+358.8k
Independent Franchise Partners LLP New +339,968+340.0k
LORD, ABBETT & CO. LLC Added +201,490+201.5k
BlackRock Inc. Added +188,131+188.1k
CREDIT SUISSE AG/ Added +151,341+151.3k
Valley Forge Capital Management, LP Added +120,000+120.0k
AMERICAN CAPITAL MANAGEMENT INC Added +74,381+74.4k
VANGUARD GROUP INC Added +62,578+62.6k
Pertento Partners LLP Added +43,914+43.9k
CITADEL ADVISORS LLC Added +43,544+43.5k

Biggest sellers

FMR LLC Reduced -3,553,440-3.6m
FRANKLIN RESOURCES INC Reduced -401,346-401.3k
GOLDMAN SACHS GROUP INC Reduced -234,461-234.5k
ENVESTNET ASSET MANAGEMENT INC Reduced -205,934-205.9k
VOYA INVESTMENT MANAGEMENT LLC Reduced -102,677-102.7k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -89,728-89.7k
AMERIPRISE FINANCIAL INC Reduced -88,696-88.7k
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -75,327-75.3k
WORLD EQUITY GROUP, INC. Sold out -62,038-62.0k
Jackson Square Partners, LLC Reduced -61,066-61.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $7.9m47.1k shares
CITADEL ADVISORS LLC Reduced $1.7m10.4k shares
Walleye Trading LLC Added $385.5k2.3k shares
Walleye Capital LLC Added $251.4k1.5k shares
SIMPLEX TRADING, LLC Reduced $33.0k200 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $1.4m8.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $754.2k4.5k shares
Walleye Capital LLC Reduced $284.9k1.7k shares
Walleye Trading LLC Reduced $217.9k1.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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.

HolderStakeChangeShares Last filed
EMERSON ELECTRIC CO 13D · may seek influence +42.6 pts · filed 2025-03-12
Stated purposeItem 4 of the Schedule 13D is hereby amended and supplemented by adding the following paragraphs at the end of Item 4: As previously disclosed, on January 26, 2025, Emerson Electric Co., a Missouri corporation ("Parent" or "Emerson") entered into an Agreement and Plan of Merger (the "Merger Agreement"), among Parent, Aspen Technology, Inc., a Delaware corporation ("Issuer") and Emersub CXV, Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("Purchaser"). In accordance with the terms of the Merger Agreement, on March 12, 2025, Parent completed the acquisition of Issuer. Pursuant to the Merger Agreement, and upon the terms and subject to the conditions thereof, on February 10, 2025, Purchaser commenced a tender offer (the "Offer"), to purchase all of the issued and … Full filing
 100.0% +42.6 pts 100 2025-03-12

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.02% of their portfolio New York, NY 5,008,9745.0m $839.6m $839.6m 0.02% Added +188.1k +188,131
2 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 1.69% of their portfolio LOS ANGELES, CA 3,597,0223.6m $602.9m $602.9m 1.69% Reduced -72 -72
3 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 2,929,1612.9m $491.0m $491.0m 0.01% Added +62.6k +62,578
4 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 972,627972.6k $163.0m $163.0m 0.01% Added +15.8k +15,831
5 NORDEA INVESTMENT MANAGEMENT AB 0.21% of their portfolio STOCKHOLM, V7 925,857925.9k $154.3m $154.3m 0.21% Reduced -15.9k -15,859
6 NEUBERGER BERMAN GROUP LLC 0.14% of their portfolio NEW YORK, NY 915,708915.7k $153.5m $153.5m 0.14% Reduced -37.2k -37,234
7 FRANKLIN RESOURCES INC 0.06% of their portfolio San Mateo, CA 756,871756.9k $126.9m $126.9m 0.06% Reduced -401.3k -401,346
8 Jackson Square Partners, LLC 3.30% of their portfolio LARKSPUR, CA 674,495674.5k $113.1m $113.1m 3.30% Reduced -61.1k -61,066
9 BAMCO INC /NY/ 0.26% of their portfolio NEW YORK, NY 560,277560.3k $93.9m $93.9m 0.26% Added +4.5k +4,455
10 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 518,220518.2k $86.9m $86.9m 0.03% Reduced -2.1k -2,113
11 Two Creeks Capital Management, LP 5.13% of their portfolio New York, NY 509,017509.0k $85.3m $85.3m 5.13% Added +358.8k +358,832
12 Clearbridge Investments, LLC 0.08% of their portfolio NEW YORK, NY 498,477498.5k $83.5m $83.5m 0.08% Added +21.3k +21,335
13 FMR LLC 0.01% of their portfolio BOSTON, MA 487,776487.8k $81.8m $81.8m 0.01% Reduced -3.6m -3,553,440
14 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 478,307478.3k $80.1m $80.1m 0.01% Added +27.5k +27,481
15 Sumitomo Mitsui Trust Group, Inc. 0.05% of their portfolio CHIYODA-KU, TOKYO, M0 418,758418.8k $70.2m $70.2m 0.05% Reduced -30.7k -30,726
16 LORD, ABBETT & CO. LLC 0.11% of their portfolio JERSEY CITY, NJ 380,066380.1k $63.7m $63.7m 0.11% Added +201.5k +201,490
17 LAZARD ASSET MANAGEMENT LLC 0.08% of their portfolio NEW YORK, NY 379,806379.8k $63.7m $63.7m 0.08% Reduced -17.4k -17,358
18 Independent Franchise Partners LLP 0.48% of their portfolio London, X0 339,968340.0k $57.0m $57.0m 0.48% New
19 NORGES BANK 0.01% of their portfolio OSLO, Q8 319,574319.6k $53.6m $53.6m 0.01% Added +22.3k +22,301
20 Valley Forge Capital Management, LP 1.68% of their portfolio MIAMI, FL 295,485295.5k $49.5m $49.5m 1.68% Added +120.0k +120,000
21 TimesSquare Capital Management, LLC 0.68% of their portfolio NEW YORK, NY 284,375284.4k $47.7m $47.7m 0.68% Added +32.1k +32,065
22 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 281,665281.7k $47.2m $47.2m 0.01% Reduced -9.1k -9,140
23 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 262,488262.5k $44.0m $44.0m 0.01% Added +6.4k +6,425
24 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 241,194241.2k $40.4m $40.4m 0.03% Added +3.6k +3,650
25 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 238,337238.3k $39.9m $39.9m 0.01% Reduced -21.8k -21,820
26 JANUS HENDERSON GROUP PLC 0.02% of their portfolio LONDON, X0 227,032227.0k $38.1m $38.1m 0.02% Reduced -438 -438
27 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 224,133224.1k $37.6m $37.6m 0.02% Added +4.1k +4,106
28 AXA S.A. 0.12% of their portfolio PARIS, I0 218,964219.0k $36.7m $36.7m 0.12% Reduced -1.7k -1,731
29 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 209,602209.6k $35.1m $35.1m 0.01% Added +796 +796
30 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 209,557209.6k $35.1m $35.1m 0.00% Reduced -29.5k -29,536
31 Fisher Asset Management, LLC 0.02% of their portfolio PLANO, TX 207,351207.4k $34.8m $34.8m 0.02% Added +337 +337
32 CREDIT SUISSE AG/ 0.03% of their portfolio ZURICH, V8 207,039207.0k $34.7m $34.7m 0.03% Added +151.3k +151,341
33 Capital Research Global Investors 0.01% of their portfolio Los Angeles, CA 192,192192.2k $32.2m $32.2m 0.01% Reduced -19.5k -19,509
34 SEI INVESTMENTS CO 0.06% of their portfolio OAKS, PA 189,983190.0k $31.8m $31.8m 0.06% Reduced -16.3k -16,308
35 Fiera Capital Corp 0.09% of their portfolio MONTREAL, A8 185,904185.9k $31.2m $31.2m 0.09% Added +14.0k +13,990
36 Stephens Investment Management Group LLC 0.46% of their portfolio LITTLE ROCK, AR 174,045174.0k $29.2m $29.2m 0.46% Added +3.7k +3,745
37 Pertento Partners LLP 6.24% of their portfolio LONDON, X0 166,933166.9k $28.0m $28.0m 6.24% Added +43.9k +43,914
38 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 158,658158.7k $26.6m $26.6m 0.01% Reduced -1.3k -1,341
39 PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio DES MOINES, IA 151,402151.4k $25.4m $25.4m 0.02% Reduced -5.9k -5,861
40 Aristotle Capital Boston, LLC 0.62% of their portfolio BOSTON, MA 123,345123.3k $20.7m $20.7m 0.62% Added +2.9k +2,861
41 Legal & General Group Plc 0.01% of their portfolio London, X0 122,805122.8k $20.6m $20.6m 0.01% Reduced -13.9k -13,882
42 Swiss National Bank 0.01% of their portfolio ZURICH, V8 105,500105.5k $17.7m $17.7m 0.01% Reduced -9.4k -9,400
43 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 102,921102.9k $17.3m $17.3m 0.01% Reduced -205.9k -205,934
44 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 100,946100.9k $16.9m $16.9m 0.00% Added +580 +580
45 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 100,464100.5k $16.8m $16.8m 0.02% Reduced -1.9k -1,860
46 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 91,26391.3k $15.3m $15.3m 0.02% Reduced -2.2k -2,210
47 AMERICAN CAPITAL MANAGEMENT INC 0.51% of their portfolio NEW YORK, NY 87,23887.2k $14.6m $14.6m 0.51% Added +74.4k +74,381
48 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 83,31383.3k $14.0m $14.0m 0.00% Reduced -33.3k -33,252
49 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 81,72581.7k $18.7m $18.7m 0.01% Unchanged
50 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 80,04880.0k $13.4m $13.4m 0.00% Reduced -75.3k -75,327
51 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 74,12874.1k $12.4m $12.4m 0.00% Added +18.8k +18,789
52 HOWLAND CAPITAL MANAGEMENT LLC 0.68% of their portfolio BOSTON, MA 70,80570.8k $11.9m $11.9m 0.68% Reduced -5.1k -5,133
53 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 68,24068.2k $11.4m $11.4m 0.00% Added +16.3k +16,275
54 Woodline Partners LP 0.13% of their portfolio San Francisco, CA 66,26266.3k $11.1m $11.1m 0.13% Added +38.6k +38,577
55 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 62,36362.4k $10.5m $10.5m 0.01% Added +43.5k +43,544
56 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 61,37861.4k $10.3m $10.3m 0.00% Reduced -35.4k -35,374
57 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.05% of their portfolio DENVER, CO 60,53260.5k $10.1m $10.1m 0.05% Unchanged
58 THORNBURG INVESTMENT MANAGEMENT INC 0.15% of their portfolio SANTA FE, NM 57,06457.1k $9.6m $9.6m 0.15% Reduced -3.5k -3,538
59 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 51,60051.6k $8.6m $8.6m 0.01% Reduced -31.2k -31,226
60 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 47,82247.8k $8.0m $8.0m 0.01% Reduced -414 -414
61 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 47,71647.7k $8.0m $8.0m 0.01% Reduced -790 -790
62 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 47,07547.1k $7.9m $7.9m 0.01% Added +19.4k +19,378
63 KORNITZER CAPITAL MANAGEMENT INC /KS 0.15% of their portfolio SHAWNEE MISSION, KS 46,32746.3k $7.8m $7.8m 0.15% Unchanged
64 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 44,55344.6k $7.5m $7.5m 0.00% Added +2.4k +2,392
65 AMERICAN INTERNATIONAL GROUP, INC. 0.05% of their portfolio New York, NY 44,01844.0k $7.4m $7.4m 0.05% Reduced -1.1k -1,063
66 Candriam S.C.A. 0.05% of their portfolio STRASSEN, N4 41,71141.7k $7.0m $7.0m 0.05% Reduced -23.2k -23,220
67 NATIXIS ADVISORS, LLC 0.02% of their portfolio Boston, MA 40,86640.9k $6.8m $6.8m 0.02% Reduced -8.7k -8,698
68 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 40,63540.6k $6.8m $6.8m 0.00% Reduced -88.7k -88,696
69 Vestmark Advisory Solutions, Inc. 0.26% of their portfolio Wakefield, MA 40,05040.0k $6.7m $6.7m 0.26% Added +233 +233
70 Retirement Systems of Alabama 0.03% of their portfolio MONTGOMERY, AL 37,61837.6k $6.3m $6.3m 0.03% Reduced -465 -465
71 TWINBEECH CAPITAL LP 0.12% of their portfolio PURCHASE, NY 35,81635.8k $6.0m $6.0m 0.12% New
72 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 34,97035.0k $5.9m $5.9m 0.01% Added +25.6k +25,626
73 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 32,55532.6k $5.5m $5.5m 0.00% Reduced -234.5k -234,461
74 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 32,25832.3k $5.4m $5.4m 0.01% Reduced -102.7k -102,677
75 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 32,10732.1k $5.4m $5.4m 0.01% Added +242 +242
76 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 31,93331.9k $5.4m $5.4m 0.01% Added +12.3k +12,293
77 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 31,67331.7k $5.3m $5.3m 0.01% Added +2.6k +2,612
78 Rivermont Capital Management LP 2.41% of their portfolio NEW YORK, NY 31,23631.2k $5.2m $5.2m 2.41% Added +11.5k +11,516
79 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 30,90830.9k $5.2m $5.2m 0.02% Added +534 +534
80 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 28,55028.6k $4.8m $4.8m 0.01% Reduced -1.0k -1,014
81 Squarepoint Ops LLC 0.03% of their portfolio NEW YORK, NY 28,30828.3k $4.7m $4.7m 0.03% Added +23.7k +23,727
82 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 26,23026.2k $4.4m $4.4m 0.01% Added +9.2k +9,162
83 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 25,94425.9k $4.3m $4.3m 0.01% Unchanged
84 APG Asset Management N.V. 0.01% of their portfolio Amsterdam, P7 25,91625.9k $4.0m $4.0m 0.01% Reduced -53 -53
85 TEXAS PERMANENT SCHOOL FUND CORP 0.04% of their portfolio AUSTIN, TX 25,70225.7k $4.3m $4.3m 0.04% Reduced -437 -437
86 Robeco Institutional Asset Management B.V. 0.01% of their portfolio ROTTERDAM, P7 25,62825.6k $4.3m $4.3m 0.01% Reduced -9.5k -9,490
87 Amundi 0.00% of their portfolio Paris, I0 24,63724.6k $4.1m $4.1m 0.00% Added +974 +974
88 Ensign Peak Advisors, Inc 0.01% of their portfolio SALT LAKE CITY, UT 23,80923.8k $4.0m $4.0m 0.01% Unchanged
89 NewEdge Wealth, LLC 0.13% of their portfolio STAMFORD, CT 22,32822.3k $3.7m $3.7m 0.13% Added +392 +392
90 Swedbank AB 0.01% of their portfolio STOCKHOLM, V7 22,31322.3k $3.7m $3.7m 0.01% Reduced -22.5k -22,500
91 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 22,12022.1k $3.7m $3.7m 0.00% Reduced -89.7k -89,728
92 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 21,83021.8k $3.7m $3.7m 0.01% New
93 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 21,48621.5k $3.6m $3.6m 0.01% First filing
94 AVIVA PLC 0.01% of their portfolio LONDON, X0 21,44721.4k $3.6m $3.6m 0.01% Added +1.1k +1,115
95 BROWN BROTHERS HARRIMAN & CO 0.03% of their portfolio NEW YORK, NY 21,26221.3k $3.6m $3.6m 0.03% Added +9.1k +9,134
96 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.04% of their portfolio New York, NY 21,22521.2k $3.6m $3.6m 0.04% Reduced -2.2k -2,210
97 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 20,48220.5k $3.4m $3.4m 0.01% Added +7.3k +7,316
98 AGF MANAGEMENT LTD 0.02% of their portfolio TORONTO, A6 20,41220.4k $3.4m $3.4m 0.02% Added +4.7k +4,696
99 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio JUPITER, FL 20,30420.3k $3.4m $3.4m 0.02% New
100 Curi Capital, LLC 0.11% of their portfolio CHICAGO, IL 19,51719.5k $3.3m $3.3m 0.11% Added +695 +695