TELEFONAKTIEBOLAGET LM ERICS ERIC
ADR B SEK 10 · ADR · CUSIP 294821608 · ISIN US2948216088
Swedish provider of communications technology and services
- SectorTechnology
- IndustryRadio & Tv Broadcasting & Communications Equipment
- HeadquartersStockholm, Sweden
- Founded1876
- Websiteericsson.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 ($22.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $9.65. Options: 10 managers hold calls ($35.4m notional), 9 hold puts ($10.0m).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 300 |
| Q4 2022 | 297 |
| Q1 2023 | 271 |
| Q2 2023 | 250 |
| Q3 2023 | 237 |
| Q4 2023 | 250 |
| Q1 2024 | 238 |
| Q2 2024 | 247 |
| Q3 2024 | 267 |
| Q4 2024 | 318 |
| Q1 2025 | 325 |
| Q2 2025 | 357 |
| Q3 2025 | 328 |
| 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 | 120 | 116 |
| Q2 2024 | 134 | 98 |
| Q3 2024 | 152 | 96 |
| Q4 2024 | 188 | 88 |
| Q1 2025 | 153 | 147 |
| Q2 2025 | 187 | 133 |
| Q3 2025 | 147 | 191 |
| Q4 2025 | 191 | 134 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $12.7m | $11.9m | 0.93 |
| Q2 2025 | $16.0m | $12.8m | 0.80 |
| Q3 2025 | $20.3m | $11.3m | 0.56 |
| Q4 2025 | $35.4m | $10.0m | 0.28 |
Biggest buyers
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +6.4m |
| BANK OF AMERICA CORP /DE/ | Added | +3.0m |
| Balyasny Asset Management L.P. | Added | +2.1m |
| OLD MISSION CAPITAL LLC | New | +2.0m |
| JANE STREET GROUP, LLC | Added | +1.9m |
| PRIMECAP MANAGEMENT CO/CA/ | Added | +1.7m |
| Optiver Holding B.V. | Added | +1.6m |
| GOLDMAN SACHS GROUP INC | Added | +1.5m |
| ABC ARBITRAGE SA | Added | +1.2m |
| HSBC HOLDINGS PLC | Added | +1.1m |
Biggest sellers
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Reduced | -4.2m |
| MORGAN STANLEY | Reduced | -3.5m |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -3.3m |
| CITADEL ADVISORS LLC | Reduced | -3.3m |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -2.9m |
| JPMORGAN CHASE & CO | Reduced | -2.4m |
| UBS Group AG | Reduced | -1.8m |
| BANK OF MONTREAL /CAN/ | Reduced | -1.1m |
| MARSHALL WACE, LLP | Sold out | -1.1m |
| NEW YORK STATE COMMON RETIREMENT FUND | Reduced | -1.1m |
Biggest calls
| PEAK6 LLC | Added | $11.7m1.2m shares |
| Optiver Holding B.V. | Added | $6.9m719.2k shares |
| HSBC HOLDINGS PLC | Added | $4.3m445.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.5m359.0k shares |
| GROUP ONE TRADING LLC | Added | $2.9m304.8k shares |
| CITADEL ADVISORS LLC | Reduced | $2.3m236.8k shares |
| IMC-Chicago, LLC | Added | $1.5m160.0k shares |
| JANE STREET GROUP, LLC | Added | $1.4m143.5k shares |
| DRW Securities, LLC | New | $713.1k73.9k shares |
| Walleye Capital LLC | New | $70.4k7.3k shares |
Biggest puts
| Optiver Holding B.V. | Reduced | $5.0m522.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.7m174.3k shares |
| PEAK6 LLC | Unchanged | $965.0k100.0k shares |
| GROUP ONE TRADING LLC | Reduced | $789.4k81.8k shares |
| IMC-Chicago, LLC | Added | $466.1k48.3k shares |
| CITADEL ADVISORS LLC | Added | $363.8k37.7k shares |
| Walleye Capital LLC | Added | $251.9k26.1k shares |
| Walleye Trading LLC | Unchanged | $198.8k20.6k shares |
| JANE STREET GROUP, LLC | Added | $193.0k20.0k 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 |
|---|---|
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% |
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 |
|---|---|---|
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 2.66% of their portfolio | 92.1m $889.1m | Reduced -4.2m |
| ACADIAN ASSET MANAGEMENT LLC 1.07% of their portfolio | 67.2m $648.8m | Reduced -2.9m |
| PRIMECAP MANAGEMENT CO/CA/ 0.19% of their portfolio | 26.6m $257.0m | Added +1.7m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.09% of their portfolio | 16.8m $162.2m | Added +6.4m |
| RENAISSANCE TECHNOLOGIES LLC 0.15% of their portfolio | 9.8m $94.6m | Reduced -3.3m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 7.3m $70.9m | Added +1.5m |
| MORGAN STANLEY 0.00% of their portfolio | 7.1m $68.3m | Reduced -3.5m |
| UBS Group AG 0.01% of their portfolio | 5.3m $50.8m | Reduced -1.8m |
| SEI INVESTMENTS CO 0.05% of their portfolio | 5.0m $47.8m | Reduced -266.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 4.5m $43.1m | Added +3.0m |
| ABC ARBITRAGE SA 3.97% of their portfolio | 4.4m $42.4m | Added +1.2m |
| FMR LLC 0.00% of their portfolio | 4.1m $39.3m | Added +1.1m |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 3.7m $36.0m | Added +608.9k |
| Optiver Holding B.V. 0.62% of their portfolio | 3.5m $34.0m | Added +1.6m |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 3.1m $29.5m | Reduced -1.1m |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.04% of their portfolio | 2.6m $25.3m | Added +443.2k |
| LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio | 2.6m $24.9m | Added +1.0m |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 2.4m $23.3m | Added +1.9m |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 2.1m $20.5m | Added +2.1m |
| OLD MISSION CAPITAL LLC 0.73% of their portfolio | 2.0m $18.9m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.9m $18.5m | Added +45.6k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 1.9m $18.6m | Added +305.0k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 1.9m $18.1m | Added +701.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 1.6m $15.9m | Added +620.1k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 1.6m $15.1m | Added +350.8k |
| TWO SIGMA ADVISERS, LP 0.03% of their portfolio | 1.5m $14.5m | Reduced -354.2k |
| Penserra Capital Management LLC 0.16% of their portfolio | 1.4m $13.6m | Reduced -29.5k |
| Defiance ETFs, LLC 0.45% of their portfolio | 1.4m $13.8m | First filing |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 1.4m $13.2m | Reduced -1.1m |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 1.3m $12.1m | Added +872.1k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 1.1m $11.0m | Added +1.1m |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.03% of their portfolio | 1.1m $10.8m | Reduced -253.4k |
| Quantinno Capital Management LP 0.02% of their portfolio | 1.1m $10.8m | Added +198.7k |
| BlackRock, Inc. 0.00% of their portfolio | 1.1m $10.8m | Reduced -129.1k |
| HRT FINANCIAL LP 0.04% of their portfolio | 1.0m $9.9m | Added +287.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 951.1k $9.2m | Reduced -126.5k |
| US BANCORP \DE\ 0.01% of their portfolio | 932.3k $9.0m | Reduced -82.2k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.05% of their portfolio | 914.2k $8.8m | Added +37.4k |
| Verition Fund Management LLC 0.05% of their portfolio | 898.1k $8.7m | Reduced -361.9k |
| LEUTHOLD GROUP, LLC 0.83% of their portfolio | 795.0k $7.7m | Added +152.4k |
| LPL Financial LLC 0.00% of their portfolio | 755.1k $7.3m | Reduced -11.6k |
| Vestmark Advisory Solutions, Inc. 0.10% of their portfolio | 737.3k $7.1m | Added +660.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 732.0k $7.1m | Reduced -4.4k |
| Drum Hill Capital, LLC 6.79% of their portfolio | 677.6k $6.5m | Reduced -36.0k |
| Turim 21 Investimentos Ltda. 2.50% of their portfolio | 670.0k $6.5m | Unchanged |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.01% of their portfolio | 656.3k $6.3m | First filing |
| Jump Financial, LLC 0.08% of their portfolio | 639.8k $6.2m | Reduced -53.6k |
| Tower Research Capital LLC (TRC) 0.15% of their portfolio | 633.4k $6.1m | Added +301.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 619.7k $6.0m | Added +1.4k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 559.1k $5.4m | Added +78.5k |
| Amundi 0.00% of their portfolio | 541.9k $5.2m | New |
| CAPITAL FUND MANAGEMENT S.A. 0.05% of their portfolio | 525.4k $5.1m | Added +268.0k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 521.5k $5.0m | Reduced -3.3m |
| PANAGORA ASSET MANAGEMENT INC 0.02% of their portfolio | 447.0k $4.3m | Added +54.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 430.2k $4.2m | Added +61.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 422.2k $4.1m | Reduced -2.4m |
| DENALI ADVISORS LLC 0.43% of their portfolio | 404.3k $3.9m | Reduced -1.2k |
| RITHOLTZ WEALTH MANAGEMENT 0.07% of their portfolio | 379.7k $3.7m | Added +64.8k |
| Campbell & CO Investment Adviser LLC 0.16% of their portfolio | 355.9k $3.4m | Added +304.7k |
| Forum Financial Management, LP 0.04% of their portfolio | 327.0k $3.2m | Unchanged |
| AZZAD ASSET MANAGEMENT INC /ADV 0.31% of their portfolio | 323.3k $3.1m | Added +3.8k |
| DV EQUITIES, LLC 0.54% of their portfolio | 311.6k $3.0m | First filing |
| EARNEST PARTNERS LLC 0.01% of their portfolio | 311.1k $3.0m | Reduced -18.9k |
| DIVERSIFIED TRUST CO 0.05% of their portfolio | 308.2k $3.0m | Reduced -79.6k |
| BCS Private Wealth Management, Inc. 1.00% of their portfolio | 303.8k $2.9m | Reduced -1.9k |
| QRG CAPITAL MANAGEMENT, INC. 0.03% of their portfolio | 300.1k $2.9m | Added +21.8k |
| MANNING & NAPIER ADVISORS LLC 0.04% of their portfolio | 278.0k $2.7m | Reduced -3.7k |
| Ethic Inc. 0.04% of their portfolio | 278.0k $2.7m | Added +17.9k |
| NATIXIS ADVISORS, LLC 0.00% of their portfolio | 268.9k $2.6m | Reduced -560.5k |
| Quantbot Technologies LP 0.08% of their portfolio | 260.3k $2.5m | Added +64.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 257.0k $2.5m | Added +6.7k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 246.2k $2.4m | Added +22.4k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.01% of their portfolio | 235.3k $2.3m | Added +75.4k |
| Crossmark Global Holdings, Inc. 0.03% of their portfolio | 232.8k $2.2m | Reduced -34.3k |
| Henry James International Management Inc. 0.70% of their portfolio | 231.7k $2.2m | Reduced -59.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio | 228.3k $2.2m | New |
| Man Group plc 0.00% of their portfolio | 215.6k $2.1m | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 213.7k $2.1m | Added +37.2k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 207.1k $2.0m | Reduced -98.5k |
| Vanguard Personalized Indexing Management, LLC 0.02% of their portfolio | 202.7k $2.0m | Added +14.6k |
| SALT Holding Corp. 1.52% of their portfolio | 200.0k $1.9m | New |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 163.7k $1.6m | Added +72.4k |
| Boston Partners 0.00% of their portfolio | 156.2k $1.5m | Reduced -42.5k |
| Engineers Gate Manager LP 0.02% of their portfolio | 156.1k $1.5m | Reduced -37.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 148.0k $1.4m | Added +12.6k |
| Vident Advisory, LLC 0.01% of their portfolio | 140.4k $1.4m | Reduced -24.3k |
| Mariner, LLC 0.00% of their portfolio | 139.1k $1.3m | Added +11.6k |
| Caprock Group, LLC 0.03% of their portfolio | 136.9k $1.3m | Added +21.8k |
| ASSETMARK, INC 0.00% of their portfolio | 136.5k $1.3m | Reduced -3.0k |
| Callan Family Office, LLC 0.03% of their portfolio | 125.6k $1.2m | Added +61.1k |
| Cetera Investment Advisers 0.00% of their portfolio | 124.2k $1.2m | Added +11.8k |
| XTX Topco Ltd 0.03% of their portfolio | 121.7k $1.2m | Added +35.2k |
| Transmarket Holdings LP 0.86% of their portfolio | 121.3k $1.2m | First filing |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 120.2k $1.2m | Added +35.0k |
| Quadrature Capital Ltd 0.01% of their portfolio | 119.8k $1.2m | New |
| AlphaCore Capital LLC 0.03% of their portfolio | 118.1k $1.1m | Added +10.8k |
| SYON CAPITAL LLC 0.06% of their portfolio | 115.3k $1.1m | Added +6.6k |
| Corient Private Wealth LP 0.00% of their portfolio | 99.4k $935.6k | Added +53.3k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 96.4k $930.0k | New |
| Vest Financial, LLC 0.01% of their portfolio | 95.7k $923.7k | Added +46.3k |