Vault-13

HEARTLAND FINL USA INC HTLF

COM · Common Stock · CUSIP 42234Q102

217 institutional holders +9 vs Q1 2024
32,045,50832.0m shares reported held*
$1.4bnreported value*
49 new 67 added 65 reduced 41 sold out net sold ≈ $10.2m (-129.6k 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 ($10.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $44.31. Options: 3 managers hold calls ($951.2k notional), 2 hold puts ($71.1k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 181Q4 22: 179Q1 23: 193Q2 23: 180Q3 23: 192Q4 23: 217Q1 24: 208Q2 24: 217217Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022181
Q4 2022179
Q1 2023193
Q2 2023180
Q3 2023192
Q4 2023217
Q1 2024208
Q2 2024217

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 outQ2 23: 92 bought or addedQ2 23: 93 cut or sold outQ2 23Q3 23: 96 bought or addedQ3 23: 76 cut or sold outQ4 23: 91 bought or addedQ4 23: 94 cut or sold outQ4 23Q1 24: 83 bought or addedQ1 24: 109 cut or sold outQ2 24: 116 bought or addedQ2 24: 106 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20228078
Q1 202312553
Q2 20239293
Q3 20239676
Q4 20239194
Q1 202483109
Q2 2024116106

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ3 23 calls: $853.3kQ3 23 puts: $541.4kQ3 23P/C 0.63Q4 23 calls: $63.9kQ4 23 puts: $292.6kQ4 23P/C 4.58Q1 24 calls: $52.7kQ1 24 puts: $403.4kQ1 24P/C 7.65Q2 24 calls: $951.2kQ2 24 puts: $71.1kQ2 24P/C 0.07
Numbers
QuarterCallsPutsP/C
Q3 2023$853.3k$541.4k0.63
Q4 2023$63.9k$292.6k4.58
Q1 2024$52.7k$403.4k7.65
Q2 2024$951.2k$71.1k0.07

Biggest buyers

Magnetar Financial LLC New +1,048,965+1.0m
AQR Arbitrage LLC New +688,083+688.1k
ALLIANCEBERNSTEIN L.P. Added +687,638+687.6k
MILLENNIUM MANAGEMENT LLC Added +681,412+681.4k
Balyasny Asset Management L.P. Added +418,301+418.3k
NORGES BANK Added +332,578+332.6k
Slotnik Capital, LLC New +308,534+308.5k
Squarepoint Ops LLC New +238,485+238.5k
CITIGROUP INC Added +204,190+204.2k
DIMENSIONAL FUND ADVISORS LP Added +182,245+182.2k

Biggest sellers

BlackRock Inc. Reduced -2,340,476-2.3m
Thrivent Financial for Lutherans Reduced -1,253,521-1.3m
MORGAN STANLEY Reduced -675,303-675.3k
AQR CAPITAL MANAGEMENT LLC Reduced -227,935-227.9k
FRANKLIN RESOURCES INC Sold out -200,682-200.7k
VANGUARD GROUP INC Reduced -199,960-200.0k
GOLDMAN SACHS GROUP INC Reduced -157,502-157.5k
Empowered Funds, LLC Reduced -152,808-152.8k
MALTESE CAPITAL MANAGEMENT LLC Sold out -151,400-151.4k
Stieven Capital Advisors, L.P. Reduced -126,467-126.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $915.7k20.6k shares
CITADEL ADVISORS LLC Reduced $35.6k800 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $71.1k1.6k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.00% of their portfolio New York, NY 3,409,0513.4m $151.5m $151.5m 0.00% Reduced -2.3m -2,340,476
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 3,044,1913.0m $135.3m $135.3m 0.00% Reduced -200.0k -199,960
3 EARNEST PARTNERS LLC 0.55% of their portfolio ATLANTA, GA 2,657,1682.7m $118.1m $118.1m 0.55% Added +54.0k +54,030
4 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 2,384,6972.4m $106.0m $106.0m 0.03% Added +182.2k +182,245
5 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,402,6731.4m $62.3m $62.3m 0.01% Added +3.8k +3,816
6 HTLF Bank 6.94% of their portfolio Denver, CO 1,372,9881.4m $61.0m $61.0m 6.94% Reduced -104.9k -104,877
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,307,9721.3m $58.1m $58.1m 0.00% Added +83.7k +83,651
8 Magnetar Financial LLC 0.97% of their portfolio EVANSTON, IL 1,048,9651.0m $46.6m $46.6m 0.97% New
9 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 975,890975.9k $43.4m $43.4m 0.00% Added +54.7k +54,728
10 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 732,693732.7k $32.6m $32.6m 0.01% Added +687.6k +687,638
11 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 710,923710.9k $31.6m $31.6m 0.03% Added +681.4k +681,412
12 AQR Arbitrage LLC 0.79% of their portfolio Greenwich, CT 688,083688.1k $30.6m $30.6m 0.79% New
13 NORGES BANK 0.00% of their portfolio OSLO, Q8 592,225592.2k $26.3m $26.3m 0.00% Added +332.6k +332,578
14 FMR LLC 0.00% of their portfolio BOSTON, MA 548,168548.2k $24.4m $24.4m 0.00% Reduced -81.0k -81,021
15 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 519,283519.3k $23.1m $23.1m 0.01% Reduced -18.2k -18,201
16 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 512,154512.2k $22.8m $22.8m 0.01% Reduced -37.5k -37,520
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 456,000456.0k $20.3m $20.3m 0.00% Added +117.6k +117,601
18 Balyasny Asset Management L.P. 0.05% of their portfolio Chicago, IL 447,943447.9k $19.9m $19.9m 0.05% Added +418.3k +418,301
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 415,989416.0k $18.5m $18.5m 0.00% Reduced -675.3k -675,303
20 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 388,015388.0k $17.2m $17.2m 0.00% Reduced -18.4k -18,407
21 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 384,114384.1k $17.1m $17.1m 0.00% Added +2.2k +2,190
22 NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio ALBANY, NY 355,827355.8k $15.8m $15.8m 0.02% Reduced -35.3k -35,283
23 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 327,216327.2k $14.5m $14.5m 0.03% Reduced -1.3m -1,253,521
24 Slotnik Capital, LLC 7.04% of their portfolio DALLAS, TX 308,534308.5k $13.7m $13.7m 7.04% New
25 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 302,294302.3k $13.4m $13.4m 0.00% Added +12.6k +12,565
26 Stieven Capital Advisors, L.P. 2.63% of their portfolio ST. LOUIS, MO 267,628267.6k $11.9m $11.9m 2.63% Reduced -126.5k -126,467
27 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio JUPITER, FL 249,695249.7k $11.1m $11.1m 0.04% Added +139.5k +139,548
28 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 247,498247.5k $11.0m $11.0m 0.01% Added +204.2k +204,190
29 Squarepoint Ops LLC 0.04% of their portfolio NEW YORK, NY 238,485238.5k $10.6m $10.6m 0.04% New
30 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.23% of their portfolio HOUSTON, TX 221,416221.4k $9.8m $9.8m 0.23% Reduced -25.5k -25,546
31 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 218,564218.6k $9.7m $9.7m 0.01% Reduced -24.1k -24,104
32 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 208,441208.4k $9.3m $9.3m 0.00% Added +1.4k +1,358
33 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 208,100208.1k $9.3m $9.3m 0.00% Unchanged
34 Westchester Capital Management, LLC 0.31% of their portfolio VALHALLA, NY 161,880161.9k $7.2m $7.2m 0.31% New
35 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 160,742160.7k $7.1m $7.1m 0.01% Reduced -5.8k -5,771
36 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 158,601158.6k $7.0m $7.0m 0.00% Reduced -157.5k -157,502
37 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.02% of their portfolio Los Angeles, CA 156,290156.3k $6.9m $6.9m 0.02% Added +3.2k +3,160
38 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 151,443151.4k $6.7m $6.7m 0.01% Reduced -2.1k -2,129
39 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 144,397144.4k $6.4m $6.4m 0.00% Added +7.0k +7,017
40 GATE CITY CAPITAL MANAGEMENT, LLC 1.25% of their portfolio CHICAGO, IL 138,093138.1k $1.7m $1.7m 1.25% New
41 Chicago Capital Management, LLC 4.29% of their portfolio CHICAGO, IL 124,789124.8k $5.5m $5.5m 4.29% New
42 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 120,029120.0k $5.3m $5.3m 0.00% Added +72.6k +72,624
43 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 114,805114.8k $5.1m $5.1m 0.00% Reduced -13.2k -13,180
44 MIdWestOne Financial Group, Inc. 0.92% of their portfolio Iowa City, IA 114,446114.4k $5.1m $5.1m 0.92% Reduced -2.7k -2,708
45 UBS Group AG 0.00% of their portfolio ZURICH, V8 111,516111.5k $5.0m $5.0m 0.00% Added +41.4k +41,381
46 Empowered Funds, LLC 0.08% of their portfolio NEWTOWN SQUARE, PA 101,716101.7k $4.5m $4.5m 0.08% Reduced -152.8k -152,808
47 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 96,25196.3k $4.3m $4.3m 0.00% Added +78.0k +78,026
48 PRELUDE CAPITAL MANAGEMENT, LLC 0.36% of their portfolio NEW YORK, NY 96,02796.0k $4.3m $4.3m 0.36% New
49 NFJ INVESTMENT GROUP, LLC 0.13% of their portfolio DALLAS, TX 94,55794.6k $4.2m $4.2m 0.13% Reduced -8.4k -8,381
50 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 93,23893.2k $4.1m $4.1m 0.00% Added +30.5k +30,494
51 Phocas Financial Corp. 0.45% of their portfolio ALAMEDA, CA 87,82787.8k $3.9m $3.9m 0.45% Reduced -1.7k -1,662
52 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 82,73282.7k $3.7m $3.7m 0.00% Added +2.2k +2,237
53 ExodusPoint Capital Management, LP 0.04% of their portfolio NEW YORK, NY 81,23981.2k $3.6m $3.6m 0.04% New
54 Swiss National Bank 0.00% of their portfolio ZURICH, V8 79,90079.9k $3.6m $3.6m 0.00% Unchanged
55 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 78,45978.5k $3.5m $3.5m 0.01% Reduced -45.0k -44,987
56 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 77,98278.0k $3.5m $3.5m 0.01% Added +14.3k +14,291
57 Rafferty Asset Management, LLC 0.01% of their portfolio New York, NY 75,82275.8k $3.4m $3.4m 0.01% Added +28.1k +28,067
58 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 74,60074.6k $3.3m $3.3m 0.01% Reduced -38.1k -38,100
59 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 74,29474.3k $3.3m $3.3m 0.00% Added +40.2k +40,225
60 Versor Investments LP 0.60% of their portfolio New York, NY 73,50773.5k $3.3m $3.3m 0.60% Added +65.2k +65,168
61 Sagefield Capital LP 0.34% of their portfolio DALLAS, TX 73,21873.2k $3.3m $3.3m 0.34% New
62 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 71,54571.5k $3.2m $3.2m 0.00% Reduced -227.9k -227,935
63 OLD NATIONAL BANCORP /IN/ 0.07% of their portfolio EVANSVILLE, IN 70,00070.0k $3.1m $3.1m 0.07% Reduced -10.0k -10,000
64 OPPENHEIMER ASSET MANAGEMENT INC. 0.04% of their portfolio NEW YORK, NY 63,08363.1k $2.8m $2.8m 0.04% Added +12.5k +12,472
65 DENALI ADVISORS LLC 0.76% of their portfolio SAN DIEGO, CA 62,30062.3k $2.8m $2.8m 0.76% Reduced -77.8k -77,796
66 Yakira Capital Management, Inc. 1.06% of their portfolio Westport, CT 60,29460.3k $2.7m $2.7m 1.06% New
67 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 57,20057.2k $2.5m $2.5m 0.00% New
68 OMERS ADMINISTRATION Corp 0.02% of their portfolio TORONTO, A6 53,30053.3k $2.4m $2.4m 0.02% New
69 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 51,23451.2k $2.3m $2.3m 0.00% Reduced -43.6k -43,570
70 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 50,83550.8k $2.3m $2.3m 0.00% Added +30.3k +30,326
71 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 50,20050.2k $2.2m $2.2m 0.01% New
72 PrairieView Partners, LLC 0.24% of their portfolio ST. PAUL, MN 48,61548.6k $2.2m $2.2m 0.24% Reduced -58.5k -58,495
73 Olympiad Research LP 1.48% of their portfolio Stamford, CT 45,32945.3k $2.0m $2.0m 1.48% New
74 LMR Partners LLP 0.04% of their portfolio LONDON, X0 43,25543.3k $1.9m $1.9m 0.04% New
75 Legal & General Group Plc 0.00% of their portfolio London, X0 41,76141.8k $1.9m $1.9m 0.00% Added +2.8k +2,826
76 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 39,78239.8k $1.8m $1.8m 0.00% Reduced -933 -933
77 UMB Bank, n.a. 0.03% of their portfolio Kansas City, MO 39,67339.7k $1.8m $1.8m 0.03% Reduced -883 -883
78 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 36,80036.8k $1.6m $1.6m 0.00% Added +14.1k +14,100
79 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 35,39935.4k $1.6m $1.6m 0.00% Added +16.8k +16,808
80 Virtu Financial LLC 0.11% of their portfolio New York, NY 34,46434.5k $1.5m $1.5m 0.11% New
81 Steele Capital Management, Inc. 0.08% of their portfolio DUBUQUE, IA 33,84233.8k $1.5m $1.5m 0.08% Added +22.3k +22,328
82 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 30,73330.7k $1.4m $1.4m 0.00% Reduced -4.8k -4,784
83 WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio CHICAGO, IL 29,45329.5k $1.3m $1.3m 0.02% New
84 First Trust Capital Management L.P. 0.11% of their portfolio CHICAGO, IL 26,72226.7k $1.2m $1.2m 0.11% New
85 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 26,54326.5k $1.2m $1.2m 0.00% Added +3.3k +3,287
86 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 25,36125.4k $1.1m $1.1m 0.00% Reduced -403 -403
87 OPPENHEIMER & CO INC 0.02% of their portfolio NEW YORK, NY 25,11525.1k $1.1m $1.1m 0.02% Unchanged
88 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 24,80224.8k $1.1m $1.1m 0.01% Added +2.8k +2,828
89 ClearAlpha Technologies LP 0.43% of their portfolio Greenwich, CT 24,57524.6k $1.1m $1.1m 0.43% New
90 Focus Partners Advisor Solutions, LLC 0.03% of their portfolio SAINT LOUIS, MO 23,76823.8k $1.1m $1.1m 0.03% Added +46 +46
91 Fortress Wealth Management, Inc. 0.53% of their portfolio Culver City, CA 23,24623.2k $1.0m $1.0m 0.53% Unchanged
92 Corebridge Financial, Inc. 0.01% of their portfolio HOUSTON, TX 22,81522.8k $1.0m $1.0m 0.01% First filing
93 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 22,11922.1k $983.2k $983.2k 0.00% Added +984 +984
94 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 21,23021.2k $943.7k $943.7k 0.00% Added +317 +317
95 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 21,15121.2k $940.2k $940.2k 0.00% First filing
96 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 21,13221.1k $925.6k $925.6k 0.00% Reduced -10.7k -10,695
97 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 21,03921.0k $935.2k $935.2k 0.00% New
98 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 21,01621.0k $934.2k $934.2k 0.00% Reduced -74.9k -74,880
99 CSS LLC/IL 0.07% of their portfolio CHICAGO, IL 20,47820.5k $910.2k $910.2k 0.07% New
100 New York Life Investment Management LLC 0.01% of their portfolio New York, NY 19,93819.9k $886.2k $886.2k 0.01% Added +9.3k +9,265