Vault-13

INFOSYS LTD INFY

SPONSORED ADR · ADR · CUSIP 456788108 · ISIN US4567881085

Indian multinational technology company

475 institutional holders -11 vs Q4 2024
539,465,897539.5m shares reported held*
$9.6bnreported value*
47 new 168 added 178 reduced 59 sold out net bought ≈ $1.2bn (+77.7m 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 ($51.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $17.84. Options: 14 managers hold calls ($28.8m notional), 15 hold puts ($75.2m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 421Q4 22: 441Q1 23: 450Q2 23: 435Q3 23: 432Q4 23: 462Q1 24: 461Q2 24: 432Q3 24: 473Q4 24: 486Q1 25: 475475Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022421
Q4 2022441
Q1 2023450
Q2 2023435
Q3 2023432
Q4 2023462
Q1 2024461
Q2 2024432
Q3 2024473
Q4 2024486
Q1 2025475

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 203 bought or addedQ2 23: 214 cut or sold outQ3 23: 200 bought or addedQ3 23: 193 cut or sold outQ3 23Q4 23: 220 bought or addedQ4 23: 184 cut or sold outQ1 24: 250 bought or addedQ1 24: 186 cut or sold outQ1 24Q2 24: 217 bought or addedQ2 24: 209 cut or sold outQ3 24: 247 bought or addedQ3 24: 187 cut or sold outQ3 24Q4 24: 227 bought or addedQ4 24: 211 cut or sold outQ1 25: 215 bought or addedQ1 25: 237 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023203214
Q3 2023200193
Q4 2023220184
Q1 2024250186
Q2 2024217209
Q3 2024247187
Q4 2024227211
Q1 2025215237

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ2 24 calls: $43.1mQ2 24 puts: $44.9mQ2 24P/C 1.04Q3 24 calls: $53.9mQ3 24 puts: $44.1mQ3 24P/C 0.82Q4 24 calls: $56.2mQ4 24 puts: $60.7mQ4 24P/C 1.08Q1 25 calls: $28.8mQ1 25 puts: $75.2mQ1 25P/C 2.61
Numbers
QuarterCallsPutsP/C
Q2 2024$43.1m$44.9m1.04
Q3 2024$53.9m$44.1m0.82
Q4 2024$56.2m$60.7m1.08
Q1 2025$28.8m$75.2m2.61

Biggest buyers

New Vernon Capital Holdings II LLC Added +12,015,884+12.0m
GOLDMAN SACHS GROUP INC Added +9,676,001+9.7m
D. E. Shaw & Co., Inc. Added +8,176,200+8.2m
FIRST TRUST ADVISORS LP Added +7,864,785+7.9m
ACADIAN ASSET MANAGEMENT LLC Added +7,514,613+7.5m
MARSHALL WACE, LLP Added +5,721,945+5.7m
MORGAN STANLEY Added +5,199,687+5.2m
Sustainable Growth Advisers, LP Added +4,970,664+5.0m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +4,932,665+4.9m
Connor, Clark & Lunn Investment Management Ltd. Added +4,018,811+4.0m

Biggest sellers

JPMORGAN CHASE & CO Reduced -13,657,998-13.7m
CANADA PENSION PLAN INVESTMENT BOARD Reduced -4,401,800-4.4m
VICTORY CAPITAL MANAGEMENT INC Reduced -2,990,229-3.0m
Fisher Asset Management, LLC Reduced -2,829,523-2.8m
OAKTREE CAPITAL MANAGEMENT LP Sold out -1,677,679-1.7m
Woodline Partners LP Sold out -1,508,675-1.5m
LMR Partners LLP Sold out -1,498,790-1.5m
Allianz Asset Management GmbH Reduced -1,004,289-1.0m
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -960,204-960.2k
FIL Ltd Reduced -856,363-856.4k

Biggest calls

UBS Group AG Reduced $8.3m452.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.6m307.2k shares
Oribel Capital Management, LP New $4.0m220.1k shares
SIMPLEX TRADING, LLC Reduced $1.9m105.5k shares
CITADEL ADVISORS LLC Added $1.9m102.3k shares
GROUP ONE TRADING LLC Reduced $1.8m98.7k shares
Walleye Trading LLC Reduced $1.8m96.8k shares
JANE STREET GROUP, LLC Reduced $1.1m59.1k shares
IMC-Chicago, LLC Added $919.8k50.4k shares
BOOTHBAY FUND MANAGEMENT, LLC New $755.5k41.4k shares

Biggest puts

GOLDMAN SACHS GROUP INC Added $33.2m1.8m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $16.9m928.0k shares
GROUP ONE TRADING LLC Added $9.0m490.7k shares
CITADEL ADVISORS LLC Added $3.8m210.5k shares
JANE STREET GROUP, LLC Reduced $2.5m137.3k shares
UBS Group AG Reduced $2.3m125.2k shares
SIMPLEX TRADING, LLC Added $1.8m98.9k shares
Walleye Trading LLC Reduced $1.6m87.7k shares
NOMURA HOLDINGS INC Reduced $1.5m80.0k shares
PEAK6 LLC Reduced $1.3m71.6k 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.

Insider purchases and sales in Q1 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 Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FIRST TRUST ADVISORS LP 0.65% of their portfolio Wheaton, IL 40,274,89340.3m $735.0m $735.0m 0.65% Added +7.9m +7,864,785
2 JPMORGAN CHASE & CO 0.05% of their portfolio NEW YORK, NY 38,558,92838.6m $703.7m $703.7m 0.05% Reduced -13.7m -13,657,998
3 Robeco Institutional Asset Management B.V. 0.98% of their portfolio ROTTERDAM, P7 27,541,68427.5m $502.6m $502.6m 0.98% Added +1.7m +1,700,662
4 ACADIAN ASSET MANAGEMENT LLC 1.36% of their portfolio Boston, MA 26,437,18826.4m $482.4m $482.4m 1.36% Added +7.5m +7,514,613
5 GOLDMAN SACHS GROUP INC 0.07% of their portfolio NEW YORK, NY 19,375,86619.4m $353.6m $353.6m 0.07% Added +9.7m +9,676,001
6 BlackRock, Inc. 0.01% of their portfolio New York, NY 17,021,27717.0m $310.6m $310.6m 0.01% Added +988.4k +988,439
7 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 17,006,39417.0m $310.4m $310.4m 0.01% Reduced -240.6k -240,601
8 DEUTSCHE BANK AG\ 0.12% of their portfolio FRANKFURT AM MAIN, 2M 16,042,35916.0m $292.8m $292.8m 0.12% Added +33.7k +33,746
9 Sustainable Growth Advisers, LP 1.51% of their portfolio STAMFORD, CT 14,877,54314.9m $271.5m $271.5m 1.51% Added +5.0m +4,970,664
10 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 14,047,82314.0m $256.4m $256.4m 0.02% Added +5.2m +5,199,687
11 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.19% of their portfolio BOSTON, MA 12,844,92412.8m $234.4m $234.4m 0.19% Added +4.9m +4,932,665
12 New Vernon Capital Holdings II LLC 15.80% of their portfolio Morristown, NJ 12,617,10112.6m $691.3k $691.3k 15.80% Added +12.0m +12,015,884
13 UBS Group AG 0.05% of their portfolio ZURICH, V8 11,767,43311.8m $214.8m $214.8m 0.05% Added +3.5m +3,522,689
14 Fisher Asset Management, LLC 0.09% of their portfolio PLANO, TX 11,687,83611.7m $213.3m $213.3m 0.09% Reduced -2.8m -2,829,523
15 HSBC HOLDINGS PLC 0.14% of their portfolio LONDON, X0 11,557,41811.6m $210.9m $210.9m 0.14% Reduced -71.1k -71,119
16 FRANKLIN RESOURCES INC 0.06% of their portfolio San Mateo, CA 11,293,04611.3m $206.1m $206.1m 0.06% Reduced -208.5k -208,487
17 AQR CAPITAL MANAGEMENT LLC 0.19% of their portfolio Greenwich, CT 10,189,72410.2m $184.1m $184.1m 0.19% Added +1.0m +1,025,639
18 MILLENNIUM MANAGEMENT LLC 0.16% of their portfolio NEW YORK, NY 9,153,7119.2m $167.1m $167.1m 0.16% Added +3.2m +3,191,155
19 FIL Ltd 0.15% of their portfolio HAMILTON, D0 8,871,4688.9m $161.9m $161.9m 0.15% Reduced -856.4k -856,363
20 D. E. Shaw & Co., Inc. 0.18% of their portfolio New York, NY 8,259,9078.3m $150.7m $150.7m 0.18% Added +8.2m +8,176,200
21 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 8,217,5628.2m $150.0m $150.0m 0.01% Reduced -7.8k -7,834
22 Connor, Clark & Lunn Investment Management Ltd. 0.56% of their portfolio VANCOUVER, A1 7,002,6487.0m $127.8m $127.8m 0.56% Added +4.0m +4,018,811
23 Man Group plc 0.38% of their portfolio LONDON, X0 6,933,8056.9m $126.5m $126.5m 0.38% Added +1.8m +1,789,945
24 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 6,865,5256.9m $125.3m $125.3m 0.03% Added +264.2k +264,189
25 MARSHALL WACE, LLP 0.15% of their portfolio LONDON, X0 5,964,1256.0m $108.8m $108.8m 0.15% Added +5.7m +5,721,945
26 SCHRODER INVESTMENT MANAGEMENT GROUP 0.11% of their portfolio London, X0 5,726,1415.7m $104.0m $104.0m 0.11% Added +2.1m +2,128,702
27 Daiwa Securities Group Inc. 0.43% of their portfolio CHIYODA-KU,TOKYO, M0 5,611,5005.6m $102.4m $102.4m 0.43% Reduced -134.6k -134,600
28 LAZARD ASSET MANAGEMENT LLC 0.15% of their portfolio NEW YORK, NY 5,308,5895.3m $96.9m $96.9m 0.15% Added +759.8k +759,768
29 CITADEL ADVISORS LLC 0.08% of their portfolio MIAMI, FL 4,621,3134.6m $84.3m $84.3m 0.08% Added +2.6m +2,564,028
30 AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio KANSAS CITY, MO 4,611,3684.6m $84.2m $84.2m 0.05% Added +7.4k +7,375
31 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 4,582,9154.6m $83.6m $83.6m 0.00% Reduced -311.0k -310,969
32 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 4,218,5854.2m $77.0m $77.0m 0.01% Added +163.1k +163,118
33 BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio PARIS, I0 4,115,9404.1m $75.1m $75.1m 0.06% First filing
34 BARCLAYS PLC 0.03% of their portfolio LONDON, X0 3,724,6123.7m $68.0m $68.0m 0.03% Added +1.3m +1,257,738
35 TWO SIGMA INVESTMENTS, LP 0.15% of their portfolio NEW YORK, NY 3,700,2133.7m $67.5m $67.5m 0.15% Added +2.7m +2,749,176
36 Bank Julius Baer & Co. Ltd, Zurich 0.22% of their portfolio ZURICH, V8 3,643,2583.6m $66.4m $66.4m 0.22% Added +415.0k +415,047
37 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 3,606,3623.6m $65.8m $65.8m 0.01% Added +40.7k +40,665
38 Russell Investments Group, Ltd. 0.09% of their portfolio Seattle, WA 3,556,6033.6m $64.7m $64.7m 0.09% Reduced -241.0k -241,039
39 FMR LLC 0.00% of their portfolio BOSTON, MA 3,366,9173.4m $61.4m $61.4m 0.00% Added +100.5k +100,548
40 TWO SIGMA ADVISERS, LP 0.14% of their portfolio NEW YORK, NY 3,295,3003.3m $60.1m $60.1m 0.14% Added +3.1m +3,102,000
41 State of New Jersey Common Pension Fund D 0.25% of their portfolio TRENTON, NJ 3,094,3773.1m $56.5m $56.5m 0.25% Reduced -105.9k -105,853
42 BAILLIE GIFFORD & CO 0.05% of their portfolio EDINBURGH, X0 2,886,0162.9m $52.7m $52.7m 0.05% Reduced -21.6k -21,644
43 PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio BALTIMORE, MD 2,862,3952.9m $52.2m $52.2m 0.01% Reduced -960.2k -960,204
44 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.18% of their portfolio COLUMBUS, OH 2,781,9142.8m $50.8m $50.8m 0.18% Added +712.4k +712,412
45 CAUSEWAY CAPITAL MANAGEMENT LLC 1.01% of their portfolio LOS ANGELES, CA 2,638,1542.6m $48.1m $48.1m 1.01% Added +2.1m +2,091,411
46 Qube Research & Technologies Ltd 0.07% of their portfolio LONDON, X0 2,578,6292.6m $47.1m $47.1m 0.07% Added +2.1m +2,061,829
47 Pictet Asset Management Holding SA 0.05% of their portfolio CAROUGE, V8 2,559,3022.6m $46.7m $46.7m 0.05% Added +1.7m +1,651,625
48 NORDEA INVESTMENT MANAGEMENT AB 0.05% of their portfolio STOCKHOLM, V7 2,456,3202.5m $44.3m $44.3m 0.05% Added +209.8k +209,822
49 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 2,455,1992.5m $44.8m $44.8m 0.01% Reduced -337.6k -337,630
50 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 2,406,5202.4m $43.9m $43.9m 0.01% Added +681.1k +681,102
51 SEI INVESTMENTS CO 0.05% of their portfolio OAKS, PA 2,289,2882.3m $41.8m $41.8m 0.05% Added +806.6k +806,644
52 RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio NEW YORK, NY 2,051,2002.1m $37.4m $37.4m 0.06% Added +1.1m +1,139,500
53 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio CHICAGO, IL 1,943,9851.9m $35.5m $35.5m 0.10% Added +230.5k +230,456
54 VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio San Antonio, TX 1,623,0411.6m $29.6m $29.6m 0.03% Reduced -3.0m -2,990,229
55 Jump Financial, LLC 0.41% of their portfolio Chicago, IL 1,498,9591.5m $27.4m $27.4m 0.41% Added +1.3m +1,330,233
56 Mirae Asset Global Investments Co., Ltd. 0.11% of their portfolio SEOUL, M5 1,452,1161.5m $26.5m $26.5m 0.11% Reduced -2.3k -2,321
57 NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio ALBANY, NY 1,424,3751.4m $26.0m $26.0m 0.04% Added +748.4k +748,353
58 Trexquant Investment LP 0.30% of their portfolio STAMFORD, CT 1,403,2191.4m $25.6m $25.6m 0.30% Added +1.0m +1,016,742
59 Amundi 0.01% of their portfolio Paris, I0 1,394,0091.4m $24.2m $24.2m 0.01% Reduced -379.3k -379,266
60 RWC Asset Management LLP 1.30% of their portfolio LONDON, X0 1,377,7231.4m $25.1m $25.1m 1.30% Reduced -61.9k -61,906
61 TUDOR INVESTMENT CORP ET AL 0.22% of their portfolio STAMFORD, CT 1,349,7271.3m $24.6m $24.6m 0.22% Added +1.1m +1,135,874
62 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,291,1821.3m $23.6m $23.6m 0.00% Reduced -770.6k -770,619
63 Allspring Global Investments Holdings, LLC 0.04% of their portfolio CHARLOTTE, NC 1,269,8191.3m $23.1m $23.1m 0.04% Reduced -123.7k -123,738
64 PANAGORA ASSET MANAGEMENT INC 0.11% of their portfolio BOSTON, MA 1,260,3181.3m $23.0m $23.0m 0.11% Added +5.6k +5,583
65 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio JUPITER, FL 1,210,0251.2m $22.1m $22.1m 0.08% New
66 MACKENZIE FINANCIAL CORP 0.03% of their portfolio TORONTO ONTARIO, A6 1,178,5571.2m $21.5m $21.5m 0.03% Reduced -211.9k -211,949
67 Perpetual Ltd 0.26% of their portfolio SYDNEY, NEW SOUTH WALES, C3 1,176,5431.2m $21.5m $21.5m 0.26% Added +494.8k +494,814
68 COMGEST GLOBAL INVESTORS S.A.S. 0.37% of their portfolio Paris, I0 1,144,4001.1m $20.9m $20.9m 0.37% Reduced -179.1k -179,057
69 DekaBank Deutsche Girozentrale 0.04% of their portfolio FRANKFURT, 2M 1,055,8021.1m $18.7m $18.7m 0.04% Reduced -64.0k -64,000
70 PRUDENTIAL PLC 0.09% of their portfolio LONDON, X0 1,010,0971.0m $18.4m $18.4m 0.09% Added +61.1k +61,100
71 Ashoka WhiteOak Capital Pte Ltd 6.64% of their portfolio Singapore, U0 971,863971.9k $16.3m $16.3m 6.64% Added +106.2k +106,163
72 Aikya Investment Management Ltd 6.54% of their portfolio LONDON, X0 966,711966.7k $17.6m $17.6m 6.54% Reduced -27.5k -27,487
73 Ovata Capital Management Ltd 6.67% of their portfolio HONG KONG, K3 961,511961.5k $17.6m $17.6m 6.67% Added +362.5k +362,472
74 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 959,535959.5k $17.5m $17.5m 0.02% Added +57.3k +57,276
75 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 926,084926.1k $16.9m $16.9m 0.00% Added +668 +668
76 NOMURA ASSET MANAGEMENT CO LTD 0.05% of their portfolio TOKYO, M0 890,072890.1k $16.2m $16.2m 0.05% Added +249.3k +249,291
77 Legal & General Group Plc 0.00% of their portfolio London, X0 882,109882.1k $16.1m $16.1m 0.00% Reduced -93.9k -93,851
78 Federation des caisses Desjardins du Quebec 0.08% of their portfolio LEVIS, A8 877,426877.4k $16.0m $16.0m 0.08% Added +35.8k +35,833
79 C WorldWide Group Holding A/S 0.20% of their portfolio COPENHAGEN, G7 870,327870.3k $15.9m $15.9m 0.20% Added +17.4k +17,358
80 MARTIN CURRIE LTD 0.61% of their portfolio EDINBURGH, X0 830,883830.9k $15.2m $15.2m 0.61% Reduced -52.3k -52,349
81 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 825,974826.0k $15.1m $15.1m 0.01% Added +249.4k +249,426
82 CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio TORONTO ONTARIO, A6 788,112788.1k $14.4m $14.4m 0.01% Reduced -4.4m -4,401,800
83 ROYAL LONDON ASSET MANAGEMENT LTD 0.03% of their portfolio UNITED KINGDOM, X0 762,368762.4k $13.9m $13.9m 0.03% Reduced -328.1k -328,085
84 Squarepoint Ops LLC 0.03% of their portfolio NEW YORK, NY 754,606754.6k $13.8m $13.8m 0.03% New
85 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 740,800740.8k $13.5m $13.5m 0.02% Added +17.8k +17,800
86 Quantbot Technologies LP 0.43% of their portfolio NEW YORK, NY 738,835738.8k $13.5m $13.5m 0.43% Added +558.6k +558,600
87 AXA S.A. 0.04% of their portfolio PARIS, I0 728,475728.5k $13.3m $13.3m 0.04% Reduced -107.7k -107,675
88 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 725,930725.9k $13.2m $13.2m 0.04% Reduced -14.4k -14,389
89 AGF MANAGEMENT LTD 0.07% of their portfolio TORONTO, A6 719,349719.3k $13.1m $13.1m 0.07% Added +170.1k +170,074
90 MACQUARIE GROUP LTD 0.01% of their portfolio Sydney, NSW 2000, C3 648,083648.1k $11.8m $11.8m 0.01% Added +2.7k +2,726
91 Vontobel Holding Ltd. 0.04% of their portfolio ZURICH, V8 618,185618.2k $11.3m $11.3m 0.04% Reduced -205.8k -205,766
92 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 616,690616.7k $11.3m $11.3m 0.00% Reduced -104.6k -104,614
93 Aquatic Capital Management LLC 0.28% of their portfolio CHICAGO, IL 609,865609.9k $11.1m $11.1m 0.28% Added +86.8k +86,774
94 Balyasny Asset Management L.P. 0.03% of their portfolio Chicago, IL 601,046601.0k $11.0m $11.0m 0.03% New
95 BESSEMER GROUP INC 0.02% of their portfolio WOODBRIDGE, NJ 595,275595.3k $10.9m $10.9m 0.02% Added +54.7k +54,657
96 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 575,246575.2k $10.5m $10.5m 0.01% Reduced -140.5k -140,477
97 NICOLA WEALTH MANAGEMENT LTD. 1.00% of their portfolio VANCOUVER, A1 559,000559.0k $10.2m $10.2m 1.00% Unchanged
98 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 526,431526.4k $9.6m $9.6m 0.00% Reduced -189.8k -189,841
99 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 503,961504.0k $9.2m $9.2m 0.01% Added +37.6k +37,613
100 ALPS ADVISORS INC 0.05% of their portfolio Denver, CO 503,329503.3k $9.2m $9.2m 0.05% Reduced -377.3k -377,290