Vault-13

IAA INC

COM · Common Stock · CUSIP 449253103

321 institutional holders +19 vs Q3 2022
135,796,204135.8m shares reported held*
$5.4bnreported value*
69 new 95 added 103 reduced 50 sold out net bought ≈ $123.2m (+3.1m 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 ($6.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $40.01. Options: 13 managers hold calls ($39.5m notional), 12 hold puts ($16.9m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 302Q4 22: 321321Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022302
Q4 2022321

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ3 22 calls: $124.8mQ3 22 puts: $13.5mQ3 22P/C 0.11Q4 22 calls: $39.5mQ4 22 puts: $16.9mQ4 22P/C 0.43
Numbers
QuarterCallsPutsP/C
Q3 2022$124.8m$13.5m0.11
Q4 2022$39.5m$16.9m0.43

Biggest buyers

MORGAN STANLEY Added +6,113,112+6.1m
Independent Franchise Partners LLP Added +2,760,967+2.8m
Magnetar Financial LLC New +2,597,785+2.6m
Ancora Advisors LLC Added +2,126,308+2.1m
FRANKLIN RESOURCES INC Added +1,839,814+1.8m
AQR Arbitrage LLC New +1,223,348+1.2m
GOLDMAN SACHS GROUP INC Added +840,574+840.6k
Nitorum Capital, L.P. New +789,500+789.5k
Versor Investments LP New +707,347+707.3k
New York Life Investment Management LLC New +686,690+686.7k

Biggest sellers

NEUBERGER BERMAN GROUP LLC Reduced -5,522,305-5.5m
BROWN ADVISORY INC Reduced -3,463,602-3.5m
ROYCE & ASSOCIATES LP Sold out -1,829,936-1.8m
Candlestick Capital Management LP Sold out -1,500,000-1.5m
VICTORY CAPITAL MANAGEMENT INC Reduced -1,466,013-1.5m
T. Rowe Price Investment Management, Inc. Reduced -951,414-951.4k
COOKE & BIELER LP Reduced -834,602-834.6k
ADAGE CAPITAL PARTNERS GP, L.L.C. Reduced -753,218-753.2k
Indaba Capital Management, L.P. Sold out -720,650-720.6k
MARSHALL WACE, LLP Reduced -685,123-685.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $19.2m481.1k shares
SIMPLEX TRADING, LLC Reduced $4.0m99.3k shares
GROUP ONE TRADING LLC Reduced $3.8m93.9k shares
CITADEL ADVISORS LLC Reduced $3.2m79.3k shares
ROYAL BANK OF CANADA Reduced $2.8m71.2k shares
JANE STREET GROUP, LLC Reduced $2.2m54.8k shares
Caption Management, LLC Reduced $2.0m50.0k shares
Walleye Trading LLC Reduced $1.4m35.0k shares
PEAK6 Investments LLC Reduced $580.0k14.5k shares
Ancora Advisors LLC Unchanged $283.0k1.4k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $7.2m180.6k shares
Balyasny Asset Management L.P. New $3.0m75.0k shares
CITADEL ADVISORS LLC Reduced $2.3m56.5k shares
JANE STREET GROUP, LLC Reduced $1.8m45.2k shares
GROUP ONE TRADING LLC Reduced $1.3m33.1k shares
SIMPLEX TRADING, LLC Reduced $624.0k15.6k shares
PEAK6 Investments LLC Added $548.0k13.7k shares
Ancora Advisors LLC Unchanged $81.0k1.2k shares
Walleye Trading LLC Unchanged $28.0k700 shares
UBS Group AG Reduced $12.0k300 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, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 12,415,67812.4m $496.6m $496.6m 0.01% Added +188.4k +188,370
2 BlackRock Inc. 0.01% of their portfolio New York, NY 11,797,55111.8m $471.9m $471.9m 0.01% Added +569.3k +569,279
3 COOKE & BIELER LP 2.69% of their portfolio PHILADELPHIA, PA 6,875,3936.9m $275.0m $275.0m 2.69% Reduced -834.6k -834,602
4 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 6,691,9466.7m $267.7m $267.7m 0.03% Added +6.1m +6,113,112
5 Independent Franchise Partners LLP 2.29% of their portfolio London, X0 5,839,6925.8m $233.6m $233.6m 2.29% Added +2.8m +2,760,967
6 Discerene Group LP 23.56% of their portfolio STAMFORD, CT 4,768,7484.8m $190.7m $190.7m 23.56% Added +220.4k +220,359
7 Ancora Advisors LLC 5.45% of their portfolio Cleveland, OH 4,691,0334.7m $187.6m $187.6m 5.45% Added +2.1m +2,126,308
8 BESSEMER GROUP INC 0.40% of their portfolio WOODBRIDGE, NJ 4,142,6784.1m $165.7m $165.7m 0.40% Added +608.3k +608,259
9 Mawer Investment Management Ltd. 0.90% of their portfolio CALGARY, A0 3,984,5674.0m $159.4m $159.4m 0.90% Added +15.9k +15,899
10 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 3,863,4183.9m $154.5m $154.5m 0.02% Reduced -374.2k -374,169
11 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 3,605,1763.6m $144.2m $144.2m 0.01% Added +64.2k +64,224
12 Clarkston Capital Partners, LLC 2.12% of their portfolio Rochester, MI 2,803,8692.8m $112.2m $112.2m 2.12% Reduced -307.8k -307,811
13 Magnetar Financial LLC 1.76% of their portfolio EVANSTON, IL 2,597,7852.6m $103.9m $103.9m 1.76% New
14 FRANKLIN RESOURCES INC 0.05% of their portfolio San Mateo, CA 2,443,7162.4m $97.7m $97.7m 0.05% Added +1.8m +1,839,814
15 Thrivent Financial for Lutherans 0.24% of their portfolio Minneapolis, MN 2,352,8822.4m $94.1m $94.1m 0.24% Added +274.8k +274,839
16 EAGLE ASSET MANAGEMENT INC 0.49% of their portfolio ST PETERSBURG, FL 2,003,1182.0m $80.0m $80.0m 0.49% Reduced -234.6k -234,594
17 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,796,9391.8m $71.9m $71.9m 0.01% Added +91.6k +91,627
18 MARSHALL WACE, LLP 0.18% of their portfolio LONDON, X0 1,762,8331.8m $70.5m $70.5m 0.18% Reduced -685.1k -685,123
19 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 1,453,7691.5m $58.2m $58.2m 0.02% Added +67.4k +67,448
20 SNYDER CAPITAL MANAGEMENT L P 1.30% of their portfolio San Francisco, CA 1,444,7251.4m $57.8m $57.8m 1.30% Reduced -7.3k -7,324
21 BROWN ADVISORY INC 0.10% of their portfolio BALTIMORE, MD 1,356,8391.4m $54.3m $54.3m 0.10% Reduced -3.5m -3,463,602
22 NORGES BANK 0.01% of their portfolio OSLO, Q8 1,355,7261.4m $54.2m $54.2m 0.01% Added +107.3k +107,289
23 LONDON CO OF VIRGINIA 0.32% of their portfolio RICHMOND, VA 1,344,1651.3m $53.8m $53.8m 0.32% Added +26.3k +26,311
24 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 1,301,7961.3m $52.1m $52.1m 0.02% Added +37.2k +37,164
25 Burgundy Asset Management Ltd. 0.65% of their portfolio Toronto, A6 1,257,1321.3m $50.3m $50.3m 0.65% Reduced -3.4k -3,434
26 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,228,8821.2m $49.2m $49.2m 0.01% Reduced -1.0k -1,021
27 River Road Asset Management, LLC 0.67% of their portfolio LOUISVILLE, KY 1,226,5931.2m $49.1m $49.1m 0.67% Added +125.0k +125,044
28 AQR Arbitrage LLC 1.25% of their portfolio Greenwich, CT 1,223,3481.2m $48.8m $48.8m 1.25% New
29 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 1,210,2751.2m $48.4m $48.4m 0.01% Reduced -32.2k -32,228
30 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,180,5391.2m $47.2m $47.2m 0.01% Added +840.6k +840,574
31 T. Rowe Price Investment Management, Inc. 0.04% of their portfolio BALTIMORE, MD 1,146,1421.1m $45.8m $45.8m 0.04% Reduced -951.4k -951,414
32 SCHRODER INVESTMENT MANAGEMENT GROUP 0.07% of their portfolio London, X0 1,098,0871.1m $43.9m $43.9m 0.07% Reduced -326.7k -326,738
33 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 996,665996.7k $39.9m $39.9m 0.01% Reduced -2.0k -1,974
34 REINHART PARTNERS, LLC. 2.09% of their portfolio MEQUON, WI 963,489963.5k $38.5m $38.5m 2.09% Added +161.2k +161,244
35 PALISADE CAPITAL MANAGEMENT, LP 1.00% of their portfolio FORT LEE, NJ 931,943931.9k $37.3m $37.3m 1.00% Reduced -824 -824
36 MIG Capital, LLC 7.25% of their portfolio NEWPORT BEACH, CA 922,750922.8k $36.9m $36.9m 7.25% Reduced -153.5k -153,499
37 CARDINAL CAPITAL MANAGEMENT LLC /CT 1.14% of their portfolio GREENWICH, CT 886,930886.9k $35.5m $35.5m 1.14% Reduced -20.6k -20,551
38 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 875,662875.7k $35.0m $35.0m 0.02% Added +670.5k +670,490
39 VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio San Antonio, TX 863,514863.5k $34.5m $34.5m 0.04% Reduced -1.5m -1,466,013
40 Nitorum Capital, L.P. 2.98% of their portfolio NEW YORK, NY 789,500789.5k $31.6m $31.6m 2.98% New
41 SCOUT INVESTMENTS, INC. 0.61% of their portfolio KANSAS CITY, MO 741,279741.3k $29.7m $29.7m 0.61% Reduced -34.6k -34,589
42 Versor Investments LP 2.43% of their portfolio New York, NY 707,347707.3k $28.3m $28.3m 2.43% New
43 Allspring Global Investments Holdings, LLC 0.05% of their portfolio CHARLOTTE, NC 694,976695.0k $27.8m $27.8m 0.05% Reduced -156.9k -156,909
44 New York Life Investment Management LLC 0.31% of their portfolio New York, NY 686,690686.7k $27.5m $27.5m 0.31% New
45 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.06% of their portfolio Boston, MA 619,163619.2k $24.8m $24.8m 0.06% Reduced -753.2k -753,218
46 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 601,816601.8k $24.1m $24.1m 0.02% Added +99.9k +99,935
47 BRIDGES INVESTMENT MANAGEMENT INC 0.80% of their portfolio OMAHA, NE 547,269547.3k $21.9m $21.9m 0.80% Reduced -100.3k -100,294
48 Grantham, Mayo, Van Otterloo & Co. LLC 0.11% of their portfolio Boston, MA 530,004530.0k $21.2m $21.2m 0.11% New
49 PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio DES MOINES, IA 528,106528.1k $21.1m $21.1m 0.02% Added +6.1k +6,119
50 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 514,084514.1k $20.6m $20.6m 0.00% Added +19.4k +19,392
51 KRYGER CAPITAL Ltd 3.10% of their portfolio LONDON, X0 511,726511.7k $20.5m $20.5m 3.10% New
52 Schonfeld Strategic Advisors LLC 0.17% of their portfolio NEW YORK, NY 500,800500.8k $20.0m $20.0m 0.17% New
53 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 472,807472.8k $18.9m $18.9m 0.01% Added +36.3k +36,331
54 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 470,241470.2k $18.8m $18.8m 0.02% Added +40.2k +40,201
55 ALPINE ASSOCIATES MANAGEMENT INC. 0.83% of their portfolio PALM BEACH, FL 457,500457.5k $18.3m $18.3m 0.83% New
56 GAMCO INVESTORS, INC. ET AL 0.19% of their portfolio GREENWICH, CT 452,150452.1k $18.1m $18.1m 0.19% Added +12.0k +12,000
57 RICE HALL JAMES & ASSOCIATES, LLC 1.01% of their portfolio San Diego, CA 441,862441.9k $17.7m $17.7m 1.01% Added +985 +985
58 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 432,386432.4k $17.3m $17.3m 0.01% Added +51.8k +51,805
59 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 430,984431.0k $17.2m $17.2m 0.01% Added +101.8k +101,764
60 NICHOLAS COMPANY, INC. 0.36% of their portfolio MILWAUKEE, WI 424,410424.4k $17.0m $17.0m 0.36% Added +1.9k +1,900
61 LOOMIS SAYLES & CO L P 0.03% of their portfolio BOSTON, MA 417,507417.5k $16.7m $16.7m 0.03% Reduced -14.1k -14,120
62 CIBC WORLD MARKETS CORP 0.11% of their portfolio NEW YORK, NY 415,000415.0k $16.6m $16.6m 0.11% New
63 TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio NEW YORK, NY 413,308413.3k $16.5m $16.5m 0.05% New
64 Polar Asset Management Partners Inc. 0.23% of their portfolio TORONTO, A6 401,852401.9k $16.1m $16.1m 0.23% Reduced -304.7k -304,748
65 NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio ALBANY, NY 396,444396.4k $15.9m $15.9m 0.02% Added +1.8k +1,807
66 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 394,889394.9k $15.8m $15.8m 0.02% Added +10.9k +10,876
67 Retirement Systems of Alabama 0.06% of their portfolio MONTGOMERY, AL 366,086366.1k $14.6m $14.6m 0.06% Reduced -9.1k -9,145
68 TIG Advisors, LLC 1.00% of their portfolio New York, NY 365,920365.9k $14.6m $14.6m 1.00% New
69 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 364,556364.6k $14.6m $14.6m 0.02% Added +309.4k +309,423
70 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 351,345351.3k $14.1m $14.1m 0.00% Added +168.6k +168,566
71 Swiss National Bank 0.01% of their portfolio ZURICH, V8 322,900322.9k $12.9m $12.9m 0.01% Added +5.3k +5,300
72 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 308,211308.2k $12.3m $12.3m 0.02% Reduced -316.4k -316,414
73 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.13% of their portfolio VICTORIA, A1 308,100308.1k $12.3m $12.3m 0.13% Unchanged
74 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 302,601302.6k $12.1m $12.1m 0.01% Reduced -18.0k -17,983
75 Woodline Partners LP 0.16% of their portfolio San Francisco, CA 297,250297.2k $11.9m $11.9m 0.16% New
76 CIBC Private Wealth Group LLC 0.03% of their portfolio ATLANTA, GA 258,646258.6k $10.3m $10.3m 0.03% Added +1.3k +1,290
77 SPX Gestao de Recursos Ltda 1.09% of their portfolio RIO DE JANEIRO, D5 243,240243.2k $9.7m $9.7m 1.09% Unchanged
78 NATIXIS 0.05% of their portfolio PARIS, I0 223,685223.7k $8.9m $8.9m 0.05% New
79 GABELLI FUNDS LLC 0.07% of their portfolio Rye, NY 222,000222.0k $8.9m $8.9m 0.07% Added +26.0k +26,000
80 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 220,112220.1k $8.8m $8.8m 0.00% Added +15.6k +15,604
81 AMERICAN INTERNATIONAL GROUP, INC. 0.06% of their portfolio New York, NY 208,890208.9k $8.4m $8.4m 0.06% Reduced -2.7k -2,745
82 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.05% of their portfolio SAN FRANCISCO, CA 199,774199.8k $8.0m $8.0m 0.05% Not comparable
83 Crabel Capital Management, LLC 2.87% of their portfolio MILWAUKEE, WI 197,889197.9k $7.9m $7.9m 2.87% New
84 Legal & General Group Plc 0.00% of their portfolio London, X0 197,060197.1k $7.9m $7.9m 0.00% Reduced -3.1k -3,067
85 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 190,103190.1k $7.6m $7.6m 0.01% Added +68.4k +68,383
86 Alberta Investment Management Corp 0.06% of their portfolio EDMONTON, A0 179,900179.9k $7.2m $7.2m 0.06% New
87 Calamos Advisors LLC 0.03% of their portfolio NAPERVILLE, IL 175,000175.0k $7.0m $7.0m 0.03% New
88 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 173,807173.8k $7.0m $7.0m 0.00% Added +134.0k +133,987
89 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 170,122170.1k $6.8m $6.8m 0.01% Added +1.6k +1,638
90 TWO SIGMA ADVISERS, LP 0.02% of their portfolio NEW YORK, NY 166,600166.6k $6.7m $6.7m 0.02% Added +147.8k +147,800
91 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 162,910162.9k $6.5m $6.5m 0.01% Reduced -60.1k -60,077
92 Point72 Asset Management, L.P. 0.02% of their portfolio STAMFORD, CT 160,810160.8k $6.4m $6.4m 0.02% New
93 PEREGRINE CAPITAL MANAGEMENT LLC 0.20% of their portfolio MINNEAPOLIS, MN 158,042158.0k $6.3m $6.3m 0.20% Reduced -4.9k -4,937
94 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 153,503153.5k $6.1m $6.1m 0.00% Added +5.1k +5,082
95 CWM, LLC 0.04% of their portfolio OMAHA, NE 150,878150.9k $6.0m $6.0m 0.04% Reduced -25.4k -25,383
96 MACQUARIE GROUP LTD 0.01% of their portfolio Sydney, NSW 2000, C3 150,334150.3k $6.0m $6.0m 0.01% Reduced -21.5k -21,526
97 ING GROEP NV 0.06% of their portfolio AMSTERDAM, P7 140,000140.0k $5.6m $5.6m 0.06% New
98 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 138,908138.9k $5.6m $5.6m 0.01% Reduced -9.6k -9,640
99 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 136,654136.7k $5.5m $5.5m 0.01% Reduced -65.9k -65,867
100 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 134,894134.9k $5.4m $5.4m 0.01% Reduced -296.5k -296,464