Vault-13

HEARTLAND FINL USA INC HTLF

COM · Common Stock · CUSIP 42234Q102

180 institutional holders -13 vs Q1 2023
29,694,02729.7m shares reported held*
$829.4mreported value*
21 new 71 added 59 reduced 34 sold out net sold ≈ $18.0m (-645.7k 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 ($876.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $27.93. Options: 2 managers hold calls ($25.1k notional), 2 hold puts ($47.4k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 181Q4 22: 179Q1 23: 193Q2 23: 180180Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022181
Q4 2022179
Q1 2023193
Q2 2023180

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 80 bought or addedQ4 22: 78 cut or sold outQ4 22Q1 23: 125 bought or addedQ1 23: 53 cut or sold outQ1 23Q2 23: 92 bought or addedQ2 23: 93 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20228078
Q1 202312553
Q2 20239293

Calls vs puts

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

CallsPuts
$0$50k$100k$150k$200kQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $195.2kQ4 22 puts: $42.0kQ4 22P/C 0.21Q1 23 calls: $145.8kQ1 23 puts: $95.9kQ1 23P/C 0.66Q2 23 calls: $25.1kQ2 23 puts: $47.4kQ2 23P/C 1.89
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$195.2k$42.0k0.21
Q1 2023$145.8k$95.9k0.66
Q2 2023$25.1k$47.4k1.89

Biggest buyers

MILLENNIUM MANAGEMENT LLC Added +404,466+404.5k
BlackRock Inc. Added +195,372+195.4k
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Added +183,134+183.1k
MORGAN STANLEY Added +168,411+168.4k
GOLDMAN SACHS GROUP INC Added +158,929+158.9k
STATE STREET CORP Added +143,468+143.5k
Thrivent Financial for Lutherans Added +130,772+130.8k
Assenagon Asset Management S.A. Added +109,624+109.6k
TWO SIGMA INVESTMENTS, LP Added +95,366+95.4k
Numerai GP LLC New +93,505+93.5k

Biggest sellers

FMR LLC Reduced -597,844-597.8k
JANUS HENDERSON GROUP PLC Reduced -565,652-565.7k
EARNEST PARTNERS LLC Reduced -494,976-495.0k
BANK OF AMERICA CORP /DE/ Reduced -401,766-401.8k
Brandywine Global Investment Management, LLC Sold out -208,302-208.3k
Mesirow Institutional Investment Management, Inc. Sold out -179,880-179.9k
NEW YORK STATE COMMON RETIREMENT FUND Reduced -170,915-170.9k
DIMENSIONAL FUND ADVISORS LP Reduced -136,482-136.5k
WELLS FARGO & COMPANY/MN Reduced -124,320-124.3k
Phocas Financial Corp. Reduced -81,257-81.3k

Biggest calls

CITADEL ADVISORS LLC Reduced $25.1k900 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $47.4k1.7k 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.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.00% of their portfolio New York, NY 5,823,4585.8m $162.3m $162.3m 0.00% Added +195.4k +195,372
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 3,113,5613.1m $86.8m $86.8m 0.00% Added +28.4k +28,413
3 EARNEST PARTNERS LLC 0.43% of their portfolio ATLANTA, GA 2,746,3952.7m $76.5m $76.5m 0.43% Reduced -495.0k -494,976
4 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 2,140,9752.1m $59.7m $59.7m 0.02% Reduced -136.5k -136,482
5 Dubuque Bank & Trust Co 6.08% of their portfolio Dubuque, IA 1,693,1701.7m $47.2m $47.2m 6.08% Added +52.1k +52,133
6 Thrivent Financial for Lutherans 0.09% of their portfolio Minneapolis, MN 1,474,2661.5m $41.1m $41.1m 0.09% Added +130.8k +130,772
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,224,3361.2m $34.1m $34.1m 0.00% Added +143.5k +143,468
8 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 887,665887.7k $24.7m $24.7m 0.03% Added +404.5k +404,466
9 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 829,353829.4k $23.1m $23.1m 0.00% Added +32.3k +32,331
10 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 651,992652.0k $18.2m $18.2m 0.01% Added +66.6k +66,625
11 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 412,312412.3k $11.5m $11.5m 0.00% Added +22.7k +22,746
12 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 390,443390.4k $10.9m $10.9m 0.00% Reduced -4.2k -4,164
13 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 385,461385.5k $10.7m $10.7m 0.01% Reduced -170.9k -170,915
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 379,450379.4k $10.6m $10.6m 0.00% Added +168.4k +168,411
15 NORGES BANK 0.00% of their portfolio OSLO, Q8 358,774358.8k $10.0m $10.0m 0.00% Unchanged
16 FMR LLC 0.00% of their portfolio BOSTON, MA 353,476353.5k $9.9m $9.9m 0.00% Reduced -597.8k -597,844
17 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 343,449343.4k $9.6m $9.6m 0.00% Added +158.9k +158,929
18 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 338,710338.7k $9.4m $9.4m 0.00% Reduced -401.8k -401,766
19 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 317,768317.8k $8.9m $8.9m 0.01% Added +33.3k +33,257
20 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 287,798287.8k $8.0m $8.0m 0.00% Reduced -14.3k -14,304
21 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 241,048241.0k $6.7m $6.7m 0.00% Reduced -124.3k -124,320
22 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 233,071233.1k $6.5m $6.5m 0.01% Added +63.0k +62,971
23 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.03% of their portfolio TORONTO, A6 207,434207.4k $5.8m $5.8m 0.03% Added +183.1k +183,134
24 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 172,513172.5k $4.8m $4.8m 0.01% Added +45.5k +45,490
25 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 165,800165.8k $4.6m $4.6m 0.01% Added +76.7k +76,700
26 Assenagon Asset Management S.A. 0.02% of their portfolio SENNINGERBERG, N4 152,711152.7k $4.3m $4.3m 0.02% Added +109.6k +109,624
27 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 144,923144.9k $4.0m $4.0m 0.02% Added +83.5k +83,467
28 Avantax Planning Partners, Inc. 0.15% of their portfolio DUBUQUE, IA 137,719137.7k $3.8m $3.8m 0.15% Added +424 +424
29 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 120,254120.3k $3.4m $3.4m 0.01% Added +95.4k +95,366
30 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.08% of their portfolio HOUSTON, TX 119,700119.7k $3.3m $3.3m 0.08% Reduced -47.1k -47,140
31 MIdWestOne Financial Group, Inc. 0.72% of their portfolio Iowa City, IA 118,663118.7k $3.3m $3.3m 0.72% Unchanged
32 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 118,613118.6k $3.3m $3.3m 0.00% Added +11.8k +11,754
33 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 112,643112.6k $3.1m $3.1m 0.00% Added +3.9k +3,877
34 DENALI ADVISORS LLC 1.08% of their portfolio SAN DIEGO, CA 110,841110.8k $3.1m $3.1m 1.08% Added +23.6k +23,600
35 Cubist Systematic Strategies, LLC 0.03% of their portfolio STAMFORD, CT 108,011108.0k $3.0m $3.0m 0.03% Reduced -30.3k -30,315
36 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 107,776107.8k $3.0m $3.0m 0.00% Added +22.7k +22,698
37 PrairieView Partners, LLC 0.57% of their portfolio ST. PAUL, MN 107,109107.1k $4.4m $4.4m 0.57% Unchanged
38 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 101,100101.1k $2.8m $2.8m 0.00% Reduced -33.5k -33,525
39 Numerai GP LLC 0.53% of their portfolio SAN FRANCISCO, CA 93,50593.5k $2.6m $2.6m 0.53% New
40 Phocas Financial Corp. 0.35% of their portfolio ALAMEDA, CA 91,15791.2k $2.5m $2.5m 0.35% Reduced -81.3k -81,257
41 Swiss National Bank 0.00% of their portfolio ZURICH, V8 87,90087.9k $2.4m $2.4m 0.00% Reduced -3.7k -3,700
42 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 76,97577.0k $2.1m $2.1m 0.00% Reduced -12.6k -12,558
43 GSA CAPITAL PARTNERS LLP 0.21% of their portfolio LONDON, X0 74,63474.6k $2.1m $2.1m 0.21% Added +68.6k +68,628
44 DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 0.14% of their portfolio BLOOMFIELD HILLS, MI 72,31072.3k $2.0m $2.0m 0.14% Added +3.0k +2,950
45 TUDOR INVESTMENT CORP ET AL 0.03% of their portfolio STAMFORD, CT 69,81469.8k $1.9m $1.9m 0.03% Added +56.3k +56,319
46 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 69,55169.6k $1.9m $1.9m 0.00% Added +16.8k +16,782
47 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 67,44367.4k $1.9m $1.9m 0.00% Added +646 +646
48 Elizabeth Park Capital Advisors, Ltd. 1.35% of their portfolio PEPPER PIKE, OH 66,48766.5k $1.9m $1.9m 1.35% Added +22.5k +22,500
49 HRT FINANCIAL LP 0.02% of their portfolio NEW YORK, NY 62,09162.1k $1.7m $1.7m 0.02% Added +55.9k +55,909
50 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 61,32661.3k $1.7m $1.7m 0.00% Added +34.0k +33,961
51 OPPENHEIMER ASSET MANAGEMENT INC. 0.02% of their portfolio NEW YORK, NY 60,10360.1k $1.7m $1.7m 0.02% Reduced -7.8k -7,839
52 Trexquant Investment LP 0.04% of their portfolio STAMFORD, CT 57,17657.2k $1.6m $1.6m 0.04% Added +44.7k +44,716
53 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 56,51656.5k $1.6m $1.6m 0.00% Reduced -1.7k -1,674
54 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 54,41854.4k $1.5m $1.5m 0.00% Added +91 +91
55 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 53,25753.3k $1.5m $1.5m 0.00% Reduced -49.0k -49,026
56 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 52,44052.4k $1.5m $1.5m 0.00% Reduced -7.7k -7,731
57 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 49,31549.3k $1.4m $1.4m 0.00% Added +3.1k +3,127
58 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 48,47248.5k $1.4m $1.4m 0.00% Reduced -4.1k -4,101
59 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 47,79247.8k $1.3m $1.3m 0.00% Reduced -14.3k -14,260
60 MARTINGALE ASSET MANAGEMENT L P 0.03% of their portfolio BOSTON, MA 46,22946.2k $1.3m $1.3m 0.03% Reduced -19.2k -19,243
61 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 44,95545.0k $1.3m $1.3m 0.00% Reduced -14 -14
62 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 44,70344.7k $1.7m $1.7m 0.00% Unchanged
63 Walleye Capital LLC 0.02% of their portfolio NEW YORK, NY 44,17744.2k $1.2m $1.2m 0.02% New
64 Rafferty Asset Management, LLC 0.01% of their portfolio New York, NY 41,87941.9k $1.2m $1.2m 0.01% Added +23.3k +23,279
65 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 41,78941.8k $1.2m $1.2m 0.00% Added +5.7k +5,710
66 UBS Group AG 0.00% of their portfolio ZURICH, V8 41,57141.6k $1.2m $1.2m 0.00% Reduced -4.4k -4,447
67 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 41,49141.5k $1.2m $1.2m 0.00% Added +34.5k +34,521
68 UMB Bank, n.a. 0.02% of their portfolio Kansas City, MO 40,55640.6k $1.1m $1.1m 0.02% Unchanged
69 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 39,98240.0k $1.1m $1.1m 0.01% New
70 Legal & General Group Plc 0.00% of their portfolio London, X0 38,82038.8k $1.1m $1.1m 0.00% Added +1.8k +1,815
71 Fourthstone LLC 0.24% of their portfolio ST LOUIS, MO 33,00033.0k $919.7k $919.7k 0.24% New
72 OPPENHEIMER & CO INC 0.02% of their portfolio NEW YORK, NY 32,73532.7k $912.3k $912.3k 0.02% Reduced -7.5k -7,513
73 TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio AUSTIN, TX 31,63331.6k $882.0k $882.0k 0.01% Reduced -1.9k -1,932
74 PUTNAM INVESTMENTS LLC 0.00% of their portfolio BOSTON, MA 30,17630.2k $841.0k $841.0k 0.00% Reduced -939 -939
75 Campbell & CO Investment Adviser LLC 0.15% of their portfolio BALTIMORE, MD 29,69829.7k $827.7k $827.7k 0.15% New
76 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 29,45029.4k $827.3k $827.3k 0.00% Added +9.6k +9,568
77 DARK FOREST CAPITAL MANAGEMENT LP 0.08% of their portfolio NEW YORK, NY 27,53827.5k $767.5k $767.5k 0.08% Added +26.5k +26,525
78 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 26,46426.5k $737.6k $737.6k 0.00% Added +990 +990
79 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 25,30025.3k $705.0k $705.0k 0.00% Reduced -33.5k -33,500
80 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 24,28524.3k $676.8k $676.8k 0.00% Added +601 +601
81 Y-Intercept (Hong Kong) Ltd 0.07% of their portfolio HONG KONG, K3 24,11624.1k $672.1k $672.1k 0.07% Added +18.1k +18,079
82 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 24,00724.0k $669.0k $669.0k 0.00% New
83 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 23,63623.6k $658.7k $658.7k 0.00% New
84 Fortress Wealth Management, Inc. 0.42% of their portfolio Culver City, CA 23,23823.2k $647.6k $647.6k 0.42% Unchanged
85 ALGERT GLOBAL LLC 0.03% of their portfolio SAN FRANCISCO, CA 22,83122.8k $636.3k $636.3k 0.03% Unchanged
86 FINANCIAL COUNSELORS INC 0.01% of their portfolio Overland Park, KS 22,69122.7k $632.0k $632.0k 0.01% Unchanged
87 Ziegler Capital Management, LLC 0.02% of their portfolio CHICAGO, IL 22,63822.6k $630.9k $630.9k 0.02% Reduced -5.3k -5,339
88 Accredited Investors Inc. 0.04% of their portfolio EDINA, MN 22,59822.6k $629.8k $629.8k 0.04% Reduced -25.4k -25,350
89 BAILARD, INC. 0.02% of their portfolio Foster City, CA 22,16522.2k $617.7k $617.7k 0.02% Added +13.4k +13,440
90 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 21,97422.0k $612.4k $612.4k 0.00% Added +635 +635
91 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 21,93321.9k $611.3k $611.3k 0.00% Reduced -19.4k -19,352
92 JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio FLORHAM PARK, NJ 21,68521.7k $604.4k $604.4k 0.00% Reduced -549 -549
93 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 21,28521.3k $593.2k $593.2k 0.00% Reduced -5.4k -5,379
94 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 20,40920.4k $568.8k $568.8k 0.00% Reduced -5.6k -5,625
95 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 20,36120.4k $567.5k $567.5k 0.00% Added +531 +531
96 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 18,25318.3k $508.5k $508.5k 0.00% Reduced -565.7k -565,652
97 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 18,03418.0k $502.6k $502.6k 0.00% Unchanged
98 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 17,72417.7k $494.0k $494.0k 0.00% Reduced -9.5k -9,513
99 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 17,18317.2k $478.9k $478.9k 0.00% Added +845 +845
100 Quantbot Technologies LP 0.03% of their portfolio NEW YORK, NY 16,60216.6k $462.7k $462.7k 0.03% New