Vault-13

TELEFONAKTIEBOLAGET LM ERICS ERIC

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

Swedish provider of communications technology and services

250 institutional holders -21 vs Q1 2023
252,258,012252.3m shares reported held*
$1.4bnreported value*
30 new 70 added 90 reduced 50 sold out net sold ≈ $17.2m (-3.7m 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 ($882.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $5.45. Options: 13 managers hold calls ($12.7m notional), 11 hold puts ($12.9m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 300Q4 22: 297Q1 23: 271Q2 23: 250250Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022300
Q4 2022297
Q1 2023271
Q2 2023250

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 23Q2 23: 100 bought or addedQ2 23: 140 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022123159
Q1 2023114136
Q2 2023100140

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 1.39Q2 23 calls: $12.7mQ2 23 puts: $12.9mQ2 23P/C 1.02
Numbers
QuarterCallsPutsP/C
Q3 2022$41.8m$19.5m0.47
Q4 2022$29.1m$20.1m0.69
Q1 2023$15.0m$20.8m1.39
Q2 2023$12.7m$12.9m1.02

Biggest buyers

HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Added +26,993,700+27.0m
Woodline Partners LP Added +10,209,701+10.2m
MILLENNIUM MANAGEMENT LLC Added +9,109,518+9.1m
Point72 Asset Management, L.P. New +3,409,218+3.4m
BANK OF AMERICA CORP /DE/ Added +1,341,154+1.3m
JANE STREET GROUP, LLC Added +487,776+487.8k
SUMMIT SECURITIES GROUP LLC New +481,561+481.6k
Schonfeld Strategic Advisors LLC Added +438,202+438.2k
Pacer Advisors, Inc. Added +433,827+433.8k
Kovack Advisors, Inc. New +341,930+341.9k

Biggest sellers

Bank of New York Mellon Corp Reduced -17,635,202-17.6m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -5,750,560-5.8m
AMERIPRISE FINANCIAL INC Reduced -4,842,208-4.8m
RENAISSANCE TECHNOLOGIES LLC Reduced -4,744,300-4.7m
CREDIT SUISSE AG/ Reduced -3,466,784-3.5m
PRIMECAP MANAGEMENT CO/CA/ Reduced -3,096,346-3.1m
VOLORIDGE INVESTMENT MANAGEMENT, LLC Reduced -2,992,265-3.0m
MORGAN STANLEY Reduced -2,198,669-2.2m
FMR LLC Reduced -2,059,166-2.1m
Segantii Capital Management Ltd Sold out -2,040,000-2.0m

Biggest calls

UBS Group AG Unchanged $4.2m779.6k shares
Optiver Holding B.V. Added $3.1m565.3k shares
GROUP ONE TRADING LLC Reduced $1.6m287.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.4m262.4k shares
CITADEL ADVISORS LLC Reduced $1.3m242.4k shares
SIMPLEX TRADING, LLC Added $701.0k128.7k shares
Walleye Capital LLC New $165.7k30.4k shares
TWO SIGMA SECURITIES, LLC New $144.4k26.5k shares
WOLVERINE TRADING, LLC Reduced $69.0k12.9k shares
Walleye Trading LLC Reduced $31.1k5.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $4.2m764.3k shares
Optiver Holding B.V. Added $3.2m583.5k shares
SIMPLEX TRADING, LLC Added $1.6m302.2k shares
GROUP ONE TRADING LLC Added $1.3m242.4k shares
Walleye Trading LLC Reduced $921.0k169.0k shares
CITADEL ADVISORS LLC Reduced $871.5k159.9k shares
PEAK6 Investments LLC Reduced $546.1k100.2k shares
WOLVERINE TRADING, LLC Added $162.1k30.3k shares
Belvedere Trading LLC Unchanged $89.4k16.4k shares
Walleye Capital LLC New $58.3k10.7k 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.

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 Q2 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 Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 2.12% of their portfolio Los Angeles, CA 104,618,354104.6m $570.2m $570.2m 2.12% Added +27.0m +26,993,700
2 PRIMECAP MANAGEMENT CO/CA/ 0.25% of their portfolio PASADENA, CA 55,218,37155.2m $300.9m $300.9m 0.25% Reduced -3.1m -3,096,346
3 SRB CORP 5.81% of their portfolio BOSTON, MA 18,179,69318.2m $99.1m $99.1m 5.81% Unchanged
4 Woodline Partners LP 0.66% of their portfolio San Francisco, CA 10,221,95210.2m $55.7m $55.7m 0.66% Added +10.2m +10,209,701
5 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 9,123,4539.1m $49.7m $49.7m 0.05% Added +9.1m +9,109,518
6 RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio NEW YORK, NY 5,325,6005.3m $29.0m $29.0m 0.04% Reduced -4.7m -4,744,300
7 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio BOSTON, MA 4,995,0495.0m $27.2m $27.2m 0.03% Reduced -5.8m -5,750,560
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,715,0583.7m $20.2m $20.2m 0.00% Reduced -2.2m -2,198,669
9 Penserra Capital Management LLC 0.37% of their portfolio ORINDA, CA 3,453,9813.5m $18.8m $18.8m 0.37% Reduced -268.5k -268,498
10 Point72 Asset Management, L.P. 0.06% of their portfolio STAMFORD, CT 3,409,2183.4m $18.6m $18.6m 0.06% New
11 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,445,2792.4m $13.3m $13.3m 0.00% Added +1.3m +1,341,154
12 Pacer Advisors, Inc. 0.04% of their portfolio Malvern, PA 1,916,4661.9m $10.4m $10.4m 0.04% Added +433.8k +433,827
13 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,860,8191.9m $10.1m $10.1m 0.00% Reduced -998.2k -998,196
14 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 1,470,4381.5m $8.0m $8.0m 0.01% Added +267.9k +267,878
15 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio JUPITER, FL 1,457,6661.5m $7.9m $7.9m 0.04% Reduced -3.0m -2,992,265
16 Crossmark Global Holdings, Inc. 0.16% of their portfolio HOUSTON, TX 1,453,2281.5m $7.4m $7.4m 0.16% Added +8.2k +8,175
17 FMR LLC 0.00% of their portfolio BOSTON, MA 1,317,0861.3m $7.2m $7.2m 0.00% Reduced -2.1m -2,059,166
18 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,315,9311.3m $7.2m $7.2m 0.00% Added +319.3k +319,296
19 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,162,4481.2m $6.3m $6.3m 0.00% Reduced -63.7k -63,692
20 DigitalBridge Group, Inc. 0.76% of their portfolio Boca Raton, FL 1,100,3741.1m $6.0m $6.0m 0.76% Reduced -341.1k -341,072
21 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 773,849773.8k $4.2m $4.2m 0.00% Added +168.8k +168,764
22 Turim 21 Investimentos Ltda. 1.85% of their portfolio RIO DE JANEIRO, D5 670,000670.0k $3.7m $3.7m 1.85% Unchanged
23 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 642,592642.6k $3.5m $3.5m 0.00% Reduced -3.5m -3,466,784
24 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 619,392619.4k $3.4m $3.4m 0.01% Reduced -692.7k -692,697
25 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 609,221609.2k $3.3m $3.3m 0.00% Added +60.3k +60,307
26 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 601,881601.9k $3.3m $3.3m 0.00% Added +69.1k +69,051
27 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 551,436551.4k $3.0m $3.0m 0.00% Reduced -573.0k -573,012
28 Schonfeld Strategic Advisors LLC 0.02% of their portfolio NEW YORK, NY 522,702522.7k $2.8m $2.8m 0.02% Added +438.2k +438,202
29 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 508,264508.3k $2.8m $2.8m 0.00% Added +487.8k +487,776
30 AZZAD ASSET MANAGEMENT INC /ADV 0.36% of their portfolio FALLS CHURCH, VA 487,915487.9k $2.7m $2.7m 0.36% Added +12.7k +12,654
31 SUMMIT SECURITIES GROUP LLC 1.09% of their portfolio NEW YORK, NY 481,561481.6k $2.6m $2.6m 1.09% New
32 Palouse Capital Management, Inc. 1.79% of their portfolio SPOKANE, WA 470,809470.8k $2.6m $2.6m 1.79% Reduced -28.8k -28,772
33 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.03% of their portfolio Stamford, CT 400,823400.8k $2.2m $2.2m 0.03% Added +184.1k +184,103
34 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 350,907350.9k $1.9m $1.9m 0.00% Added +100.9k +100,924
35 Quantbot Technologies LP 0.12% of their portfolio NEW YORK, NY 348,212348.2k $1.9m $1.9m 0.12% Added +88.9k +88,892
36 Kovack Advisors, Inc. 0.24% of their portfolio FT. LAUDERDALE, FL 341,930341.9k $1.9m $1.9m 0.24% New
37 Strategic Wealth Partners, Ltd. 0.24% of their portfolio INDEPENDENCE, OH 337,604337.6k $1.8m $1.8m 0.24% Reduced -4.8k -4,827
38 PLATINUM INVESTMENT MANAGEMENT LTD 0.06% of their portfolio SYDNEY AUSTRALIA 2000, C3 323,175323.2k $1.8m $1.8m 0.06% Reduced -80.5k -80,503
39 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 319,652319.7k $1.7m $1.7m 0.00% Reduced -115.4k -115,388
40 Henry James International Management Inc. 0.72% of their portfolio NEW YORK, NY 305,695305.7k $1.7m $1.7m 0.72% Reduced -39.9k -39,876
41 EARNEST PARTNERS LLC 0.01% of their portfolio ATLANTA, GA 301,705301.7k $1.6m $1.6m 0.01% Added +66.5k +66,467
42 George Kaiser Family Foundation 0.28% of their portfolio TULSA, OK 299,462299.5k $1.6m $1.6m 0.28% Unchanged
43 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 282,612282.6k $1.5m $1.5m 0.00% Added +151.4k +151,356
44 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 275,606275.6k $1.5m $1.5m 0.00% Added +931 +931
45 Boston Partners 0.00% of their portfolio BOSTON, MA 255,946255.9k $1.4m $1.4m 0.00% Unchanged
46 Ruffer LLP 0.08% of their portfolio LONDON, X0 250,000250.0k $1.4m $1.4m 0.08% Unchanged
47 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 237,331237.3k $1.3m $1.3m 0.00% Added +202.3k +202,323
48 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 229,884229.9k $1.3m $1.3m 0.00% Reduced -150.2k -150,156
49 SIMPLEX TRADING, LLC 0.05% of their portfolio CHICAGO, IL 225,952226.0k $1.2m $1.2m 0.05% Added +36.1k +36,108
50 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 222,976223.0k $1.2m $1.2m 0.00% Reduced -7.8k -7,808
51 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.01% of their portfolio NEW YORK, NY 205,522205.5k $1.1m $1.1m 0.01% Added +25.8k +25,770
52 WESTERLY CAPITAL MANAGEMENT, LLC 0.70% of their portfolio SAN FRANCISCO, CA 200,000200.0k $1.1m $1.1m 0.70% New
53 NorthCrest Asset Manangement, LLC 0.04% of their portfolio PLYMOUTH, MN 181,169181.2k $987.4k $987.4k 0.04% Reduced -5.6k -5,625
54 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 178,886178.9k $975.0k $975.0k 0.00% Added +8.6k +8,552
55 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 175,499175.5k $956.5k $956.5k 0.00% Reduced -4.8m -4,842,208
56 Advisors Asset Management, Inc. 0.02% of their portfolio Monument, CO 167,796167.8k $914.5k $914.5k 0.02% Added +49.1k +49,078
57 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 164,934164.9k $899.0k $899.0k 0.00% Reduced -597 -597
58 Vident Investment Advisory, LLC 0.03% of their portfolio Alpharetta, GA 160,826160.8k $876.9k $876.9k 0.03% Added +24.4k +24,360
59 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 153,427153.4k $836.2k $836.2k 0.00% Reduced -101.4k -101,372
60 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 152,947152.9k $833.6k $833.6k 0.00% Added +41.2k +41,198
61 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 145,904145.9k $795.2k $795.2k 0.00% Added +36.6k +36,649
62 Forum Financial Management, LP 0.02% of their portfolio LOMBARD, IL 134,028134.0k $730.5k $730.5k 0.02% Reduced -15 -15
63 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 131,034131.0k $714.1k $714.1k 0.00% Added +106.1k +106,136
64 BlackRock Inc. 0.00% of their portfolio New York, NY 130,047130.0k $708.8k $708.8k 0.00% Reduced -39.4k -39,393
65 DORCHESTER WEALTH MANAGEMENT Co 0.14% of their portfolio MONTREAL, A8 122,600122.6k $668.2k $668.2k 0.14% Added +2.4k +2,350
66 Y-Intercept (Hong Kong) Ltd 0.07% of their portfolio HONG KONG, K3 120,888120.9k $658.8k $658.8k 0.07% Reduced -365.0k -365,042
67 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 112,523112.5k $613.0k $613.0k 0.00% Reduced -11.7k -11,654
68 RITHOLTZ WEALTH MANAGEMENT 0.03% of their portfolio NEW YORK, NY 107,166107.2k $584.1k $584.1k 0.03% Added +31.3k +31,308
69 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 104,410104.4k $569.0k $569.0k 0.00% Added +93.6k +93,562
70 Monaco Asset Management SAM 0.29% of their portfolio Monaco, O9 100,000100.0k $545.0k $545.0k 0.29% Unchanged
71 Ethic Inc. 0.02% of their portfolio NEW YORK, NY 99,03099.0k $539.7k $539.7k 0.02% Reduced -1.1k -1,055
72 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 98,12598.1k $533.5k $533.5k 0.00% Added +70.4k +70,400
73 Investors Research Corp 0.13% of their portfolio ATLANTA, GA 94,15294.2k $513.1k $513.1k 0.13% Unchanged
74 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 92,31192.3k $503.1k $503.1k 0.00% Added +5.6k +5,613
75 LONE PEAK GLOBAL INVESTORS LLC 0.14% of their portfolio ALPINE, UT 89,24289.2k $486.4k $486.4k 0.14% New
76 Legacy Wealth Asset Management, LLC 0.16% of their portfolio WOODBURY, MN 83,15883.2k $453.2k $453.2k 0.16% Added +1.1k +1,126
77 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 76,16076.2k $415.1k $415.1k 0.01% First filing
78 Sequoia Financial Advisors, LLC 0.01% of their portfolio Akron, OH 74,98175.0k $408.6k $408.6k 0.01% New
79 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 71,80071.8k $391.3k $391.3k 0.00% Reduced -814.2k -814,179
80 GROUP ONE TRADING LLC 0.01% of their portfolio CHICAGO, IL 62,50162.5k $340.6k $340.6k 0.01% Added +18.1k +18,076
81 Aquatic Capital Management LLC 0.02% of their portfolio CHICAGO, IL 61,80061.8k $337.0k $337.0k 0.02% New
82 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 61,59761.6k $335.7k $335.7k 0.00% New
83 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 61,28561.3k $334.0k $334.0k 0.00% Reduced -658.3k -658,257
84 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 60,85960.9k $331.5k $331.5k 0.00% Reduced -6.8k -6,802
85 PROFUND ADVISORS LLC 0.02% of their portfolio BETHESDA, MD 60,15060.1k $327.8k $327.8k 0.02% Reduced -11.5k -11,511
86 LEVEL FOUR ADVISORY SERVICES, LLC 0.02% of their portfolio DALLAS, TX 59,27159.3k $323.0k $323.0k 0.02% Added +3.9k +3,907
87 Mariner, LLC 0.00% of their portfolio Overland Park, KS 56,83856.8k $309.0k $309.0k 0.00% Reduced -10.2k -10,243
88 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 56,61056.6k $308.5k $308.5k 0.00% Reduced -17.6m -17,635,202
89 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 54,05354.1k $294.6k $294.6k 0.00% Added +34.0k +33,979
90 Mengis Capital Management, Inc. 0.06% of their portfolio PORTLAND, OR 53,80053.8k $293.2k $293.2k 0.06% Reduced -2.3k -2,300
91 DRW Securities, LLC 0.02% of their portfolio CHICAGO, IL 53,63053.6k $292.0k $292.0k 0.02% New
92 Vanguard Personalized Indexing Management, LLC 0.01% of their portfolio OAKLAND, CA 53,30853.3k $290.5k $290.5k 0.01% Added +557 +557
93 Gallacher Capital Management LLC 0.17% of their portfolio LONE TREE, CO 52,69252.7k $287.2k $287.2k 0.17% Added +5.0k +5,015
94 YOUSIF CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BLOOMFIELD HILLS, MI 52,14552.1k $284.2k $284.2k 0.00% Added +797 +797
95 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 51,73551.7k $282.0k $282.0k 0.00% Reduced -495.1k -495,138
96 RNC CAPITAL MANAGEMENT LLC 0.02% of their portfolio LOS ANGELES, CA 51,22551.2k $279.0k $279.0k 0.02% Reduced -1.4k -1,420
97 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 50,52950.5k $275.0k $275.0k 0.00% Reduced -14.8k -14,821
98 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 48,93948.9k $266.7k $266.7k 0.00% New
99 TWO SIGMA SECURITIES, LLC 0.02% of their portfolio NEW YORK, NY 45,05545.1k $245.6k $245.6k 0.02% Added +7.7k +7,709
100 First Trust Direct Indexing L.P. 0.03% of their portfolio Boston, MA 42,97743.0k $234.2k $234.2k 0.03% Reduced -1.8k -1,837