Vault-13

TELEFONAKTIEBOLAGET LM ERICS ERIC

ADR B SEK 10 · ADR · CUSIP 294821608 · ISIN US2948216088

Swedish provider of communications technology and services

271 institutional holders -26 vs Q4 2022
256,152,455256.2m shares reported held*
$1.5bnreported value*
29 new 85 added 83 reduced 53 sold out net sold ≈ $60.8m (-10.1m 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 ($113.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $5.84. Options: 12 managers hold calls ($15.0m notional), 12 hold puts ($20.8m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 300Q4 22: 297Q1 23: 271271Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022300
Q4 2022297
Q1 2023271

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 123 bought or addedQ4 22: 159 cut or sold outQ4 22Q1 23: 114 bought or addedQ1 23: 136 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022123159
Q1 2023114136

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ3 22 calls: $41.8mQ3 22 puts: $19.5mQ3 22P/C 0.47Q4 22 calls: $29.1mQ4 22 puts: $20.1mQ4 22P/C 0.69Q1 23 calls: $15.0mQ1 23 puts: $20.8mQ1 23P/C 1.39
Numbers
QuarterCallsPutsP/C
Q3 2022$41.8m$19.5m0.47
Q4 2022$29.1m$20.1m0.69
Q1 2023$15.0m$20.8m1.39

Biggest buyers

HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Added +27,123,300+27.1m
CREDIT SUISSE AG/ Added +3,575,945+3.6m
RENAISSANCE TECHNOLOGIES LLC Added +2,944,600+2.9m
VOLORIDGE INVESTMENT MANAGEMENT, LLC Added +2,709,800+2.7m
Segantii Capital Management Ltd New +2,040,000+2.0m
MORGAN STANLEY Added +1,603,216+1.6m
EVERGREEN CAPITAL MANAGEMENT LLC New +952,990+953.0k
FMR LLC Added +901,336+901.3k
Pacer Advisors, Inc. Added +501,162+501.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +482,811+482.8k

Biggest sellers

FOLKETRYGDFONDET Sold out -12,575,921-12.6m
PRIMECAP MANAGEMENT CO/CA/ Reduced -9,409,330-9.4m
MILLENNIUM MANAGEMENT LLC Reduced -6,728,168-6.7m
CITADEL ADVISORS LLC Reduced -3,987,579-4.0m
Woodline Partners LP Reduced -2,932,623-2.9m
JANE STREET GROUP, LLC Reduced -1,940,360-1.9m
BlackRock Inc. Reduced -1,794,906-1.8m
Weiss Multi-Strategy Advisers LLC Sold out -1,750,000-1.8m
EASTERLY INVESTMENT PARTNERS LLC Sold out -1,296,504-1.3m
Cavalry Management Group, LLC Sold out -1,250,185-1.3m

Biggest calls

UBS Group AG Reduced $4.6m779.6k shares
GROUP ONE TRADING LLC Reduced $3.2m540.0k shares
Optiver Holding B.V. Reduced $2.2m382.4k shares
CITADEL ADVISORS LLC Added $2.0m338.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.9m316.4k shares
SIMPLEX TRADING, LLC Reduced $707.0k121.0k shares
Walleye Trading LLC Reduced $317.7k54.3k shares
WOLVERINE TRADING, LLC Reduced $102.0k17.7k shares
JANE STREET GROUP, LLC New $88.3k15.1k shares
Cutler Group LLC / CA Added $4.0k13.1k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $11.7m2.0m shares
CITADEL ADVISORS LLC Added $1.9m333.1k shares
Walleye Trading LLC Added $1.8m310.6k shares
SIMPLEX TRADING, LLC Reduced $1.7m296.6k shares
GROUP ONE TRADING LLC Reduced $1.3m214.8k shares
PEAK6 Investments LLC Added $975.2k166.7k shares
Optiver Holding B.V. Reduced $797.9k136.4k shares
JANE STREET GROUP, LLC New $329.4k56.3k shares
WOLVERINE TRADING, LLC Added $143.0k24.7k shares
Belvedere Trading LLC New $95.9k16.4k 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
INVESTOR AB 13D · may seek influence filed 2025-04-04
Stated purposeItem 4 of the Schedule 13D is hereby amended and supplemented as follows: Mr. Jacob Wallenberg, Chairman of the Board of Investor AB, was appointed as a member of the Board of Directors of the Issuer in June, 2011 and currently serves as Vice Chairman. Mr. Christian Cederholm, Chief Executive Officer and member of the Board of Directors of Investor AB, was appointed as a member of the Board of Directors of the Issuer in March, 2025. As directors of the Issuer, each of Mr. Wallenberg and Mr. Cederholm may have influence over the corporate activities of the Issuer, including activities that may relate to transactions or other matters specified in clauses (a) through (j) of Item 4 of Schedule 13D. As members of the Board of Directors of the Issuer, part of the director fees payable to Mr.… Full filing
6.2% 190.7m 2025-04-04

Insider purchases and sales in Q1 2023

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 Q1 2023.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 1.75% of their portfolio Los Angeles, CA 77,624,65477.6m $454.1m $454.1m 1.75% Added +27.1m +27,123,300
2 PRIMECAP MANAGEMENT CO/CA/ 0.30% of their portfolio PASADENA, CA 58,314,71758.3m $341.1m $341.1m 0.30% Reduced -9.4m -9,409,330
3 SRB CORP 6.69% of their portfolio BOSTON, MA 18,179,69318.2m $106.4m $106.4m 6.69% Unchanged
4 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 17,691,81217.7m $103.5m $103.5m 0.02% Reduced -45.9k -45,918
5 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.08% of their portfolio BOSTON, MA 10,745,60910.7m $62.9m $62.9m 0.08% Reduced -1.1m -1,111,334
6 RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio NEW YORK, NY 10,069,90010.1m $58.9m $58.9m 0.08% Added +2.9m +2,944,600
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5,913,7275.9m $34.6m $34.6m 0.00% Added +1.6m +1,603,216
8 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 5,017,7075.0m $29.4m $29.4m 0.01% Reduced -1.2m -1,162,624
9 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.13% of their portfolio JUPITER, FL 4,449,9314.4m $26.0m $26.0m 0.13% Added +2.7m +2,709,800
10 CREDIT SUISSE AG/ 0.02% of their portfolio ZURICH, V8 4,109,3764.1m $24.0m $24.0m 0.02% Added +3.6m +3,575,945
11 Penserra Capital Management LLC 0.45% of their portfolio ORINDA, CA 3,722,4793.7m $21.8m $21.8m 0.45% Reduced -223.7k -223,681
12 FMR LLC 0.00% of their portfolio BOSTON, MA 3,376,2523.4m $19.8m $19.8m 0.00% Added +901.3k +901,336
13 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 2,859,0152.9m $16.7m $16.7m 0.00% Added +306.5k +306,487
14 Segantii Capital Management Ltd 0.54% of their portfolio HONG KONG, K3 2,040,0002.0m $11.9m $11.9m 0.54% New
15 Pacer Advisors, Inc. 0.04% of their portfolio Malvern, PA 1,482,6391.5m $8.7m $8.7m 0.04% Added +501.2k +501,162
16 Crossmark Global Holdings, Inc. 0.20% of their portfolio HOUSTON, TX 1,445,0531.4m $8.5m $8.5m 0.20% Added +54.0k +54,043
17 DigitalBridge Group, Inc. 1.05% of their portfolio Boca Raton, FL 1,441,4461.4m $8.4m $8.4m 1.05% Added +129.9k +129,923
18 Optiver Holding B.V. 0.36% of their portfolio AMSTERDAM, P7 1,340,1501.3m $7.8m $7.8m 0.36% Added +31.4k +31,377
19 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 1,312,0891.3m $7.7m $7.7m 0.01% Added +482.8k +482,811
20 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,226,1401.2m $7.2m $7.2m 0.00% Reduced -210.4k -210,368
21 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 1,202,5601.2m $7.0m $7.0m 0.01% Added +221.5k +221,494
22 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 1,124,4481.1m $2.7m $2.7m 0.00% Added +432.4k +432,390
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,104,1251.1m $6.5m $6.5m 0.00% Reduced -378.7k -378,721
24 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 996,635996.6k $5.8m $5.8m 0.00% Reduced -55.3k -55,286
25 EVERGREEN CAPITAL MANAGEMENT LLC 0.25% of their portfolio Bellevue, WA 952,990953.0k $5.6m $5.6m 0.25% New
26 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 885,979886.0k $5.2m $5.2m 0.02% Reduced -45.4k -45,429
27 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 849,019849.0k $5.0m $5.0m 0.01% Reduced -19.0k -18,968
28 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 719,542719.5k $4.2m $4.2m 0.01% Added +287.2k +287,180
29 Turim 21 Investimentos Ltda. 3.96% of their portfolio RIO DE JANEIRO, D5 670,000670.0k $3.9m $3.9m 3.96% Unchanged
30 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 605,085605.1k $3.5m $3.5m 0.00% Added +208.0k +208,016
31 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 548,914548.9k $3.2m $3.2m 0.00% Added +23.5k +23,545
32 Cubist Systematic Strategies, LLC 0.03% of their portfolio STAMFORD, CT 546,873546.9k $3.2m $3.2m 0.03% Reduced -736.5k -736,502
33 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 532,830532.8k $3.1m $3.1m 0.00% Added +62.0k +61,954
34 Palouse Capital Management, Inc. 1.97% of their portfolio SPOKANE, WA 499,581499.6k $2.9m $2.9m 1.97% Reduced -106.0k -106,013
35 Y-Intercept (Hong Kong) Ltd 0.33% of their portfolio HONG KONG, K3 485,930485.9k $2.8m $2.8m 0.33% Added +221.4k +221,406
36 AZZAD ASSET MANAGEMENT INC /ADV 0.40% of their portfolio FALLS CHURCH, VA 475,261475.3k $2.8m $2.8m 0.40% Added +110.0k +109,952
37 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 461,303461.3k $2.7m $2.7m 0.01% Added +172.8k +172,800
38 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 435,040435.0k $2.5m $2.5m 0.00% Reduced -41.3k -41,289
39 PLATINUM INVESTMENT MANAGEMENT LTD 0.08% of their portfolio SYDNEY AUSTRALIA 2000, C3 403,678403.7k $2.4m $2.4m 0.08% Reduced -27.2k -27,222
40 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 380,040380.0k $2.2m $2.2m 0.00% Reduced -424.8k -424,842
41 Henry James International Management Inc. 0.86% of their portfolio NEW YORK, NY 345,571345.6k $2.0m $2.0m 0.86% Added +375 +375
42 Strategic Wealth Partners, Ltd. 0.31% of their portfolio INDEPENDENCE, OH 342,431342.4k $2.0m $2.0m 0.31% Reduced -4.4k -4,404
43 George Kaiser Family Foundation 0.28% of their portfolio TULSA, OK 299,462299.5k $1.8m $1.8m 0.28% Unchanged
44 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 274,675274.7k $1.6m $1.6m 0.00% Reduced -6.1k -6,133
45 Quantbot Technologies LP 0.11% of their portfolio NEW YORK, NY 259,320259.3k $1.5m $1.5m 0.11% Reduced -153.1k -153,100
46 Boston Partners 0.00% of their portfolio BOSTON, MA 255,946255.9k $1.5m $1.5m 0.00% Added +16.6k +16,592
47 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 254,799254.8k $1.5m $1.5m 0.00% Reduced -17.9k -17,930
48 Ruffer LLP 0.05% of their portfolio LONDON, X0 250,000250.0k $1.5m $1.5m 0.05% New
49 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 249,983250.0k $1.5m $1.5m 0.00% Added +124.8k +124,783
50 Manning & Napier Group, LLC 0.02% of their portfolio Fairport, NY 235,312235.3k $1.4m $1.4m 0.02% Reduced -3.2k -3,163
51 EARNEST PARTNERS LLC 0.01% of their portfolio ATLANTA, GA 235,238235.2k $1.4m $1.4m 0.01% Added +7 +7
52 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 230,784230.8k $1.4m $1.4m 0.00% Added +4.0k +4,006
53 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio Stamford, CT 216,720216.7k $1.3m $1.3m 0.02% Added +27.4k +27,415
54 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 191,247191.2k $1.1m $1.1m 0.00% Reduced -29.7k -29,730
55 SIMPLEX TRADING, LLC 0.05% of their portfolio CHICAGO, IL 189,844189.8k $1.1m $1.1m 0.05% Reduced -29.6k -29,574
56 NorthCrest Asset Manangement, LLC 0.05% of their portfolio PLYMOUTH, MN 186,794186.8k $1.1m $1.1m 0.05% Reduced -265 -265
57 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.01% of their portfolio NEW YORK, NY 179,752179.8k $1.1m $1.1m 0.01% Added +63.1k +63,090
58 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 170,334170.3k $996.0k $996.0k 0.00% Added +31.0k +31,023
59 BlackRock Inc. 0.00% of their portfolio New York, NY 169,440169.4k $991.2k $991.2k 0.00% Reduced -1.8m -1,794,906
60 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 165,531165.5k $968.4k $968.4k 0.00% Added +109.4k +109,408
61 ANGELO GORDON & CO., L.P. 0.26% of their portfolio NEW YORK, NY 157,500157.5k $921.4k $921.4k 0.26% Unchanged
62 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 141,256141.3k $826.3k $826.3k 0.00% Reduced -4.0m -3,987,579
63 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 140,800140.8k $823.7k $823.7k 0.00% Reduced -198.0k -198,000
64 Vident Investment Advisory, LLC 0.03% of their portfolio Alpharetta, GA 136,466136.5k $798.3k $798.3k 0.03% Added +25.7k +25,682
65 Forum Financial Management, LP 0.02% of their portfolio LOMBARD, IL 134,043134.0k $784.2k $784.2k 0.02% Unchanged
66 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 131,256131.3k $767.8k $767.8k 0.00% Reduced -11.0k -11,016
67 Susquehanna International Securities, Ltd. 0.47% of their portfolio DUBLIN, L2 131,000131.0k $766.4k $766.4k 0.47% Unchanged
68 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 124,177124.2k $726.0k $726.0k 0.00% Added +1.8k +1,767
69 DORCHESTER WEALTH MANAGEMENT Co 0.14% of their portfolio MONTREAL, A8 120,250120.2k $703.5k $703.5k 0.14% Added +47.6k +47,600
70 Advisors Asset Management, Inc. 0.01% of their portfolio Monument, CO 118,718118.7k $694.5k $694.5k 0.01% Reduced -8.1k -8,093
71 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 111,749111.7k $653.7k $653.7k 0.00% Added +3.3k +3,275
72 FNY Investment Advisers, LLC 0.74% of their portfolio NEW YORK, NY 110,000110.0k $643.0k $643.0k 0.74% Added +60.0k +60,000
73 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 109,255109.3k $639.1k $639.1k 0.00% Added +27.3k +27,320
74 Ethic Inc. 0.02% of their portfolio NEW YORK, NY 100,085100.1k $585.5k $585.5k 0.02% Reduced -31.1k -31,137
75 Monaco Asset Management SAM 0.26% of their portfolio Monaco, O9 100,000100.0k $585.0k $585.0k 0.26% New
76 Odey Asset Management Group Ltd 0.15% of their portfolio LONDON, X0 95,96296.0k $561.4k $561.4k 0.15% Unchanged
77 Investors Research Corp 0.14% of their portfolio ATLANTA, GA 94,15294.2k $550.8k $550.8k 0.14% Added +38.3k +38,252
78 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 89,02489.0k $520.8k $520.8k 0.00% Reduced -3.9k -3,900
79 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 86,69886.7k $507.2k $507.2k 0.00% Added +66.2k +66,190
80 Edgestream Partners, L.P. 0.05% of their portfolio Princeton, NJ 85,04485.0k $497.5k $497.5k 0.05% Reduced -18.8k -18,794
81 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 85,00085.0k $497.2k $497.2k 0.00% Unchanged
82 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 84,50084.5k $494.3k $494.3k 0.00% Reduced -221.4k -221,400
83 GUGGENHEIM CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 82,87282.9k $484.8k $484.8k 0.00% New
84 Legacy Wealth Asset Management, LLC 0.17% of their portfolio WOODBURY, MN 82,03282.0k $479.9k $479.9k 0.17% Added +14.3k +14,317
85 RITHOLTZ WEALTH MANAGEMENT 0.02% of their portfolio NEW YORK, NY 75,85875.9k $443.8k $443.8k 0.02% Added +26.4k +26,379
86 PROFUND ADVISORS LLC 0.03% of their portfolio BETHESDA, MD 71,66171.7k $419.2k $419.2k 0.03% Added +5.5k +5,466
87 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 67,66167.7k $395.7k $395.7k 0.00% Reduced -2.5k -2,516
88 Mariner, LLC 0.00% of their portfolio Overland Park, KS 67,08167.1k $392.0k $392.0k 0.00% Added +6.6k +6,629
89 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 65,35065.3k $383.0k $383.0k 0.00% Reduced -83.2k -83,222
90 Mengis Capital Management, Inc. 0.07% of their portfolio PORTLAND, OR 56,10056.1k $328.2k $328.2k 0.07% Added +7.1k +7,100
91 LEVEL FOUR ADVISORY SERVICES, LLC 0.02% of their portfolio DALLAS, TX 55,36455.4k $323.9k $323.9k 0.02% Added +25.5k +25,513
92 Vanguard Personalized Indexing Management, LLC 0.01% of their portfolio OAKLAND, CA 52,75152.8k $308.6k $308.6k 0.01% Reduced -5.2k -5,208
93 RNC CAPITAL MANAGEMENT LLC 0.02% of their portfolio LOS ANGELES, CA 52,64552.6k $308.0k $308.0k 0.02% Added +24.0k +24,015
94 YOUSIF CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BLOOMFIELD HILLS, MI 51,34851.3k $300.4k $300.4k 0.00% Unchanged
95 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 50,08450.1k $294.0k $294.0k 0.00% Added +10.6k +10,569
96 Gallacher Capital Management LLC 0.17% of their portfolio LONE TREE, CO 47,67747.7k $278.9k $278.9k 0.17% Added +8.3k +8,293
97 GATEWAY INVESTMENT ADVISERS LLC 0.00% of their portfolio CINCINNATI, OH 47,67547.7k $278.9k $278.9k 0.00% Added +34.4k +34,406
98 INTRUST BANK NA 0.03% of their portfolio WICHITA, KS 46,59546.6k $272.6k $272.6k 0.03% Reduced -747 -747
99 ExodusPoint Capital Management, LP 0.00% of their portfolio NEW YORK, NY 45,40945.4k $266.0k $266.0k 0.00% New
100 First Trust Direct Indexing L.P. 0.03% of their portfolio Boston, MA 44,81444.8k $262.2k $262.2k 0.03% Added +468 +468