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 +13 vs Q3 2023
270,293,607270.3m shares reported held*
$1.7bnreported value*
39 new 70 added 87 reduced 31 sold out net sold ≈ $19.1m (-3.0m 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 ($180.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $6.30. Options: 11 managers hold calls ($23.4m notional), 12 hold puts ($15.2m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 300Q4 22: 297Q1 23: 271Q2 23: 250Q3 23: 237Q4 23: 250250Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022300
Q4 2022297
Q1 2023271
Q2 2023250
Q3 2023237
Q4 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 23Q3 23: 101 bought or addedQ3 23: 124 cut or sold outQ3 23Q4 23: 109 bought or addedQ4 23: 118 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022123159
Q1 2023114136
Q2 2023100140
Q3 2023101124
Q4 2023109118

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ1 23 calls: $15.0mQ1 23 puts: $20.8mQ1 23P/C 1.39Q2 23 calls: $12.7mQ2 23 puts: $12.9mQ2 23P/C 1.02Q3 23 calls: $19.7mQ3 23 puts: $14.4mQ3 23P/C 0.73Q4 23 calls: $23.4mQ4 23 puts: $15.2mQ4 23P/C 0.65
Numbers
QuarterCallsPutsP/C
Q1 2023$15.0m$20.8m1.39
Q2 2023$12.7m$12.9m1.02
Q3 2023$19.7m$14.4m0.73
Q4 2023$23.4m$15.2m0.65

Biggest buyers

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +6,492,710+6.5m
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Added +4,351,420+4.4m
CITADEL ADVISORS LLC New +2,760,174+2.8m
ALLIANCEBERNSTEIN L.P. New +2,124,158+2.1m
MORGAN STANLEY Added +1,579,997+1.6m
DigitalBridge Group, Inc. Added +1,440,182+1.4m
FIL Ltd New +1,100,000+1.1m
RENAISSANCE TECHNOLOGIES LLC Added +1,000,001+1.0m
OPPENHEIMER & CO INC Added +819,083+819.1k
ExodusPoint Capital Management, LP Added +646,209+646.2k

Biggest sellers

SRB CORP Reduced -7,825,662-7.8m
Point72 Asset Management, L.P. Sold out -5,157,300-5.2m
Balyasny Asset Management L.P. Reduced -4,766,163-4.8m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -2,211,055-2.2m
Pacer Advisors, Inc. Reduced -1,980,587-2.0m
Crossmark Global Holdings, Inc. Reduced -1,242,152-1.2m
PRIMECAP MANAGEMENT CO/CA/ Reduced -942,100-942.1k
FMR LLC Reduced -704,301-704.3k
GOLDMAN SACHS GROUP INC Reduced -582,095-582.1k
Palouse Capital Management, Inc. Sold out -574,353-574.4k

Biggest calls

Optiver Holding B.V. Added $6.2m984.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.9m939.8k shares
UBS Group AG Unchanged $4.9m779.6k shares
GROUP ONE TRADING LLC Added $3.6m569.1k shares
CITADEL ADVISORS LLC Added $1.3m202.7k shares
SIMPLEX TRADING, LLC Reduced $983.0k156.1k shares
WOLVERINE TRADING, LLC Added $303.0k48.1k shares
Walleye Trading LLC Added $132.3k21.0k shares
GTS SECURITIES LLC New $102.1k16.2k shares
Cutler Group LLC / CA Added $14.0k10.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $8.5m1.4m shares
GROUP ONE TRADING LLC Added $2.7m432.4k shares
SIMPLEX TRADING, LLC Reduced $948.0k150.5k shares
CITADEL ADVISORS LLC Reduced $917.3k145.6k shares
ROYAL BANK OF CANADA Unchanged $631.0k100.2k shares
PEAK6 Investments LLC New $630.0k100.0k shares
WOLVERINE TRADING, LLC Added $281.6k44.7k shares
Optiver Holding B.V. Reduced $261.0k41.6k shares
Walleye Trading LLC Reduced $129.2k20.5k shares
GTS SECURITIES LLC Reduced $117.8k18.7k 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 Q4 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 Q4 2023.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 3.29% of their portfolio Los Angeles, CA 146,286,324146.3m $921.6m $921.6m 3.29% Added +4.4m +4,351,420
2 PRIMECAP MANAGEMENT CO/CA/ 0.27% of their portfolio PASADENA, CA 53,963,87154.0m $340.0m $340.0m 0.27% Reduced -942.1k -942,100
3 SRB CORP 3.80% of their portfolio BOSTON, MA 10,208,03110.2m $64.3m $64.3m 3.80% Reduced -7.8m -7,825,662
4 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio BOSTON, MA 8,247,9998.2m $52.0m $52.0m 0.05% Added +6.5m +6,492,710
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 6,414,1186.4m $40.4m $40.4m 0.00% Added +1.6m +1,579,997
6 DigitalBridge Group, Inc. 2.27% of their portfolio Boca Raton, FL 3,520,5823.5m $22.2m $22.2m 2.27% Added +1.4m +1,440,182
7 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 3,114,6193.1m $19.6m $19.6m 0.00% Reduced -582.1k -582,095
8 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 2,760,1742.8m $17.4m $17.4m 0.02% New
9 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 2,337,6012.3m $14.7m $14.7m 0.02% Added +1.0m +1,000,001
10 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio JUPITER, FL 2,148,7372.1m $13.5m $13.5m 0.05% Added +540.0k +540,022
11 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 2,124,1582.1m $13.4m $13.4m 0.01% New
12 FMR LLC 0.00% of their portfolio BOSTON, MA 1,786,2431.8m $11.3m $11.3m 0.00% Reduced -704.3k -704,301
13 Penserra Capital Management LLC 0.20% of their portfolio ORINDA, CA 1,663,6791.7m $10.5m $10.5m 0.20% Reduced -91.8k -91,844
14 ExodusPoint Capital Management, LP 0.12% of their portfolio NEW YORK, NY 1,565,5001.6m $9.9m $9.9m 0.12% Added +646.2k +646,209
15 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,561,4841.6m $9.8m $9.8m 0.00% Reduced -303.6k -303,553
16 Balyasny Asset Management L.P. 0.02% of their portfolio Chicago, IL 1,313,5811.3m $8.3m $8.3m 0.02% Reduced -4.8m -4,766,163
17 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,309,5991.3m $8.3m $8.3m 0.00% Added +89.4k +89,443
18 FIL Ltd 0.01% of their portfolio HAMILTON, D0 1,100,0001.1m $6.9m $6.9m 0.01% New
19 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 941,437941.4k $5.9m $5.9m 0.01% Added +486.6k +486,567
20 OPPENHEIMER & CO INC 0.10% of their portfolio NEW YORK, NY 835,784835.8k $5.3m $5.3m 0.10% Added +819.1k +819,083
21 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 808,398808.4k $5.1m $5.1m 0.00% Added +124.2k +124,194
22 BOOTHBAY FUND MANAGEMENT, LLC 0.16% of their portfolio NEW YORK, NY 726,452726.5k $4.6m $4.6m 0.16% Added +154.9k +154,885
23 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 701,906701.9k $4.4m $4.4m 0.00% Added +69.9k +69,922
24 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 689,097689.1k $4.3m $4.3m 0.00% Added +616.4k +616,407
25 Turim 21 Investimentos Ltda. 1.35% of their portfolio RIO DE JANEIRO, D5 670,000670.0k $4.2m $4.2m 1.35% Unchanged
26 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 574,164574.2k $3.6m $3.6m 0.01% Added +140.5k +140,462
27 UBS Group AG 0.00% of their portfolio ZURICH, V8 570,771570.8k $3.6m $3.6m 0.00% Reduced -12.0k -11,965
28 AZZAD ASSET MANAGEMENT INC /ADV 0.45% of their portfolio FALLS CHURCH, VA 565,292565.3k $3.6m $3.6m 0.45% Added +15.0k +14,971
29 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 430,251430.3k $2.7m $2.7m 0.00% Reduced -328.2k -328,166
30 BlackRock Inc. 0.00% of their portfolio New York, NY 379,050379.1k $2.4m $2.4m 0.00% Added +264.2k +264,181
31 Sequoia Financial Advisors, LLC 0.03% of their portfolio Akron, OH 361,420361.4k $2.3m $2.3m 0.03% Added +290.9k +290,949
32 Quantbot Technologies LP 0.12% of their portfolio NEW YORK, NY 329,066329.1k $2.1m $2.1m 0.12% Added +73.3k +73,269
33 Henry James International Management Inc. 0.72% of their portfolio NEW YORK, NY 302,572302.6k $1.9m $1.9m 0.72% Reduced -3.1k -3,123
34 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 300,174300.2k $1.9m $1.9m 0.00% Reduced -5.5k -5,508
35 EARNEST PARTNERS LLC 0.01% of their portfolio ATLANTA, GA 298,655298.7k $1.9m $1.9m 0.01% Reduced -3.7k -3,657
36 SYON CAPITAL LLC 0.07% of their portfolio SAN FRANCISCO, CA 281,530281.5k $1.8m $1.8m 0.07% Added +35.4k +35,425
37 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio Stamford, CT 278,169278.2k $1.8m $1.8m 0.02% Reduced -169.0k -168,963
38 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 276,844276.8k $1.8m $1.8m 0.00% Added +248.2k +248,240
39 Boston Partners 0.00% of their portfolio BOSTON, MA 274,892274.9k $1.7m $1.7m 0.00% Added +1.3k +1,344
40 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 246,489246.5k $1.6m $1.6m 0.00% Reduced -33.1k -33,087
41 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 236,452236.5k $1.5m $1.5m 0.01% Added +209.0k +208,954
42 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.01% of their portfolio NEW YORK, NY 230,472230.5k $1.5m $1.5m 0.01% Added +10.8k +10,845
43 Kovack Advisors, Inc. 0.17% of their portfolio FT. LAUDERDALE, FL 225,559225.6k $1.4m $1.4m 0.17% Reduced -40.4k -40,351
44 Crossmark Global Holdings, Inc. 0.03% of their portfolio HOUSTON, TX 217,480217.5k $1.4m $1.4m 0.03% Reduced -1.2m -1,242,152
45 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 208,552208.6k $1.3m $1.3m 0.00% Added +32.1k +32,140
46 Aquatic Capital Management LLC 0.03% of their portfolio CHICAGO, IL 186,700186.7k $1.2m $1.2m 0.03% New
47 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 184,390184.4k $1.2m $1.2m 0.00% Unchanged
48 Advisors Asset Management, Inc. 0.02% of their portfolio Monument, CO 181,979182.0k $1.1m $1.1m 0.02% Added +3.7k +3,742
49 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 179,878179.9k $1.1m $1.1m 0.00% Reduced -147.2k -147,243
50 GTS SECURITIES LLC 0.02% of their portfolio NEW YORK, NY 154,792154.8k $975.2k $975.2k 0.02% Added +90.8k +90,802
51 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 152,877152.9k $963.1k $963.1k 0.00% Reduced -8.7k -8,716
52 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 143,723143.7k $905.5k $905.5k 0.00% Added +41.1k +41,095
53 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 140,018140.0k $882.1k $882.1k 0.00% Added +68.7k +68,651
54 NorthCrest Asset Manangement, LLC 0.03% of their portfolio PLYMOUTH, MN 138,869138.9k $874.9k $874.9k 0.03% Reduced -40.5k -40,550
55 RITHOLTZ WEALTH MANAGEMENT 0.03% of their portfolio NEW YORK, NY 138,121138.1k $870.2k $870.2k 0.03% Added +12.4k +12,391
56 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 137,317137.3k $865.1k $865.1k 0.00% Reduced -86.7k -86,651
57 Cresset Asset Management, LLC 0.01% of their portfolio Chicago, IL 136,200136.2k $858.1k $858.1k 0.01% Reduced -15.8k -15,835
58 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 133,641133.6k $841.9k $841.9k 0.00% Reduced -483.5k -483,479
59 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 133,057133.1k $838.3k $838.3k 0.00% Reduced -7.0k -7,043
60 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 128,186128.2k $807.6k $807.6k 0.00% Unchanged
61 OLD MISSION CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 118,532118.5k $746.8k $746.8k 0.02% New
62 Susquehanna International Securities, Ltd. 0.54% of their portfolio DUBLIN, L2 118,522118.5k $746.7k $746.7k 0.54% New
63 Ethic Inc. 0.02% of their portfolio NEW YORK, NY 118,255118.3k $745.0k $745.0k 0.02% Added +12.7k +12,704
64 Koss-Olinger Consulting, LLC 0.07% of their portfolio GAINESVILLE, FL 114,250114.2k $720.0k $720.0k 0.07% Added +88.9k +88,922
65 QRG CAPITAL MANAGEMENT, INC. 0.01% of their portfolio BERWYN, PA 107,824107.8k $679.3k $679.3k 0.01% Added +2.8k +2,753
66 PEAK6 Investments LLC 0.03% of their portfolio CHICAGO, IL 105,676105.7k $665.8k $665.8k 0.03% New
67 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 97,18497.2k $612.3k $612.3k 0.00% Added +14.3k +14,336
68 Legacy Wealth Asset Management, LLC 0.20% of their portfolio WOODBURY, MN 95,37795.4k $600.9k $600.9k 0.20% Added +10.6k +10,638
69 DORCHESTER WEALTH MANAGEMENT Co 0.11% of their portfolio MONTREAL, A8 93,65093.7k $590.0k $590.0k 0.11% Reduced -6.3k -6,350
70 SEVEN EIGHT CAPITAL, LP 0.07% of their portfolio New York, NY 92,64692.6k $583.7k $583.7k 0.07% New
71 Jaffetilchin Investment Partners, LLC 0.06% of their portfolio TAMPA, FL 91,36391.4k $575.6k $575.6k 0.06% New
72 Virtu Financial LLC 0.04% of their portfolio New York, NY 89,22489.2k $562.0k $562.0k 0.04% New
73 NATIXIS ADVISORS, LLC 0.00% of their portfolio Boston, MA 89,11089.1k $561.0k $561.0k 0.00% Added +11.9k +11,909
74 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 87,60287.6k $551.9k $551.9k 0.00% Reduced -16.6k -16,562
75 Investors Research Corp 0.13% of their portfolio ATLANTA, GA 86,25286.3k $543.4k $543.4k 0.13% Reduced -7.9k -7,900
76 Vident Advisory, LLC 0.01% of their portfolio Alpharetta, GA 83,40183.4k $525.4k $525.4k 0.01% Reduced -32.6k -32,585
77 B. Riley Wealth Advisors, Inc. 0.01% of their portfolio MEMPHIS, TN 80,25480.3k $505.6k $505.6k 0.01% New
78 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 79,03679.0k $498.0k $498.0k 0.00% Reduced -7.0k -7,001
79 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 75,45275.5k $475.0k $475.0k 0.00% Reduced -6.8k -6,790
80 Monaco Asset Management SAM 0.18% of their portfolio Monaco, O9 75,00075.0k $472.5k $472.5k 0.18% Reduced -75.0k -75,000
81 PROFUND ADVISORS LLC 0.02% of their portfolio BETHESDA, MD 69,56369.6k $438.2k $438.2k 0.02% Added +12.8k +12,772
82 Susquehanna International Group Ltd. 0.10% of their portfolio DUBLIN, L2 66,63166.6k $419.8k $419.8k 0.10% Reduced -4.2k -4,227
83 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 66,13666.1k $416.7k $416.7k 0.00% New
84 Mariner, LLC 0.00% of their portfolio Overland Park, KS 62,54662.5k $394.0k $394.0k 0.00% Reduced -19.1k -19,081
85 Vanguard Personalized Indexing Management, LLC 0.01% of their portfolio OAKLAND, CA 61,83961.8k $389.6k $389.6k 0.01% Reduced -11.6k -11,611
86 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 60,95361.0k $384.0k $384.0k 0.00% New
87 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 59,53959.5k $375.1k $375.1k 0.00% Added +9.2k +9,217
88 Institute for Wealth Management, LLC. 0.06% of their portfolio DENVER, CO 57,38857.4k $361.5k $361.5k 0.06% Added +24.6k +24,643
89 Caprock Group, LLC 0.02% of their portfolio BOISE, ID 56,25256.3k $354.4k $354.4k 0.02% Added +13.6k +13,638
90 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 55,97956.0k $352.7k $352.7k 0.00% Reduced -7.2k -7,243
91 Mengis Capital Management, Inc. 0.06% of their portfolio PORTLAND, OR 53,80053.8k $338.9k $338.9k 0.06% Unchanged
92 YOUSIF CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BLOOMFIELD HILLS, MI 52,14552.1k $328.5k $328.5k 0.00% Unchanged
93 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 51,52351.5k $324.0k $324.0k 0.00% Reduced -41.2k -41,250
94 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 51,34051.3k $323.4k $323.4k 0.00% Added +20.4k +20,352
95 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 49,38949.4k $311.1k $311.1k 0.00% Reduced -230 -230
96 AXQ CAPITAL, LP 0.08% of their portfolio JERSEY CITY, NJ 49,30049.3k $310.6k $310.6k 0.08% New
97 PINNACLE ASSOCIATES LTD 0.01% of their portfolio NEW YORK, NY 47,85847.9k $301.5k $301.5k 0.01% Added +31.1k +31,135
98 LEVEL FOUR ADVISORY SERVICES, LLC 0.02% of their portfolio DALLAS, TX 46,61246.6k $293.7k $293.7k 0.02% Reduced -5.2k -5,211
99 RNC CAPITAL MANAGEMENT LLC 0.02% of their portfolio LOS ANGELES, CA 45,42545.4k $286.2k $286.2k 0.02% Reduced -5.8k -5,800
100 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 45,13545.1k $284.4k $284.4k 0.00% First filing