Vault-13

INFOSYS LTD INFY

SPONSORED ADR · ADR · CUSIP 456788108 · ISIN US4567881085

Indian multinational technology company

470 institutional holders -5 vs Q1 2025
554,294,650554.3m shares reported held*
$10.3bnreported value*
45 new 180 added 164 reduced 50 sold out net bought ≈ $498.7m (+14.5m 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 ($52.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $18.56. Options: 13 managers hold calls ($25.3m notional), 12 hold puts ($9.6m).

Trends to Q2 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: 475Q2 25: 470470Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025470

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 200 bought or addedQ3 23: 193 cut or sold outQ4 23: 220 bought or addedQ4 23: 184 cut or sold outQ4 23Q1 24: 250 bought or addedQ1 24: 186 cut or sold outQ2 24: 217 bought or addedQ2 24: 209 cut or sold outQ2 24Q3 24: 247 bought or addedQ3 24: 187 cut or sold outQ4 24: 227 bought or addedQ4 24: 211 cut or sold outQ4 24Q1 25: 215 bought or addedQ1 25: 237 cut or sold outQ2 25: 225 bought or addedQ2 25: 214 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023200193
Q4 2023220184
Q1 2024250186
Q2 2024217209
Q3 2024247187
Q4 2024227211
Q1 2025215237
Q2 2025225214

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ3 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 2.61Q2 25 calls: $25.3mQ2 25 puts: $9.6mQ2 25P/C 0.38
Numbers
QuarterCallsPutsP/C
Q3 2024$53.9m$44.1m0.82
Q4 2024$56.2m$60.7m1.08
Q1 2025$28.8m$75.2m2.61
Q2 2025$25.3m$9.6m0.38

Biggest buyers

MORGAN STANLEY Added +17,182,508+17.2m
Trinity Street Asset Management LLP New +11,181,100+11.2m
FIRST TRUST ADVISORS LP Added +10,056,808+10.1m
BANK OF AMERICA CORP /DE/ Added +7,247,500+7.2m
LMR Partners LLP New +5,733,005+5.7m
MILLENNIUM MANAGEMENT LLC Added +4,871,213+4.9m
HUDSON EDGE INVESTMENT PARTNERS INC. New +2,799,900+2.8m
UBS Group AG Added +2,579,137+2.6m
ACADIAN ASSET MANAGEMENT LLC Added +2,532,673+2.5m
JPMORGAN CHASE & CO Added +1,747,722+1.7m

Biggest sellers

New Vernon Capital Holdings II LLC Reduced -11,941,221-11.9m
D. E. Shaw & Co., Inc. Reduced -7,979,048-8.0m
Robeco Institutional Asset Management B.V. Reduced -3,407,682-3.4m
TWO SIGMA ADVISERS, LP Reduced -2,827,400-2.8m
HSBC HOLDINGS PLC Reduced -2,800,518-2.8m
BlackRock, Inc. Reduced -2,800,130-2.8m
TWO SIGMA INVESTMENTS, LP Reduced -2,721,048-2.7m
Fisher Asset Management, LLC Reduced -2,699,071-2.7m
CAUSEWAY CAPITAL MANAGEMENT LLC Reduced -2,354,227-2.4m
FMR LLC Reduced -2,090,843-2.1m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $7.5m406.2k shares
UBS Group AG Reduced $6.1m327.3k shares
GROUP ONE TRADING LLC Added $4.2m225.9k shares
SIMPLEX TRADING, LLC Added $2.6m142.2k shares
CAPITAL FUND MANAGEMENT S.A. New $1.3m68.0k shares
Walleye Trading LLC Reduced $1.2m66.3k shares
WOLVERINE TRADING, LLC New $605.6k32.7k shares
HSBC HOLDINGS PLC Unchanged $547.5k30.0k shares
CITADEL ADVISORS LLC Reduced $496.6k26.8k shares
IMC-Chicago, LLC Reduced $344.7k18.6k shares

Biggest puts

JANE STREET GROUP, LLC Added $2.8m150.2k shares
CAPITAL FUND MANAGEMENT S.A. New $2.2m120.7k shares
CITADEL ADVISORS LLC Reduced $1.7m92.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.0m56.4k shares
GROUP ONE TRADING LLC Reduced $522.5k28.2k shares
Walleye Capital LLC Added $522.5k28.2k shares
SIMPLEX TRADING, LLC Reduced $250.0k13.5k shares
IMC-Chicago, LLC Reduced $203.8k11.0k shares
WOLVERINE TRADING, LLC New $200.0k10.8k shares
Walleye Trading LLC Reduced $172.3k9.3k 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 Q2 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 Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FIRST TRUST ADVISORS LP 0.75% of their portfolio Wheaton, IL 50,331,70150.3m $932.6m $932.6m 0.75% Added +10.1m +10,056,808
2 JPMORGAN CHASE & CO 0.05% of their portfolio NEW YORK, NY 40,306,65040.3m $746.9m $746.9m 0.05% Added +1.7m +1,747,722
3 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 31,230,33131.2m $578.7m $578.7m 0.04% Added +17.2m +17,182,508
4 ACADIAN ASSET MANAGEMENT LLC 1.11% of their portfolio Boston, MA 28,969,86129.0m $536.8m $536.8m 1.11% Added +2.5m +2,532,673
5 Robeco Institutional Asset Management B.V. 0.72% of their portfolio ROTTERDAM, P7 24,134,00224.1m $447.2m $447.2m 0.72% Reduced -3.4m -3,407,682
6 GOLDMAN SACHS GROUP INC 0.05% of their portfolio NEW YORK, NY 18,165,66818.2m $336.6m $336.6m 0.05% Reduced -1.2m -1,210,198
7 DEUTSCHE BANK AG\ 0.11% of their portfolio FRANKFURT AM MAIN, 2M 15,858,48015.9m $293.9m $293.9m 0.11% Reduced -183.9k -183,879
8 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 15,855,19015.9m $297.4m $297.4m 0.01% Reduced -1.2m -1,151,204
9 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 15,465,06215.5m $286.6m $286.6m 0.02% Added +7.2m +7,247,500
10 Sustainable Growth Advisers, LP 1.39% of their portfolio STAMFORD, CT 14,547,09514.5m $269.6m $269.6m 1.39% Reduced -330.4k -330,448
11 UBS Group AG 0.06% of their portfolio ZURICH, V8 14,346,57014.3m $265.8m $265.8m 0.06% Added +2.6m +2,579,137
12 BlackRock, Inc. 0.01% of their portfolio New York, NY 14,221,14714.2m $263.5m $263.5m 0.01% Reduced -2.8m -2,800,130
13 MILLENNIUM MANAGEMENT LLC 0.23% of their portfolio NEW YORK, NY 14,024,92414.0m $259.9m $259.9m 0.23% Added +4.9m +4,871,213
14 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.17% of their portfolio BOSTON, MA 12,710,56112.7m $235.5m $235.5m 0.17% Reduced -134.4k -134,363
15 Trinity Street Asset Management LLP 14.22% of their portfolio LONDON, X0 11,181,10011.2m $207.2m $207.2m 14.22% New
16 FRANKLIN RESOURCES INC 0.05% of their portfolio San Mateo, CA 10,513,99110.5m $194.8m $194.8m 0.05% Reduced -779.1k -779,055
17 AQR CAPITAL MANAGEMENT LLC 0.16% of their portfolio Greenwich, CT 10,393,36910.4m $192.5m $192.5m 0.16% Added +203.6k +203,645
18 Fisher Asset Management, LLC 0.07% of their portfolio PLANO, TX 8,988,7659.0m $166.6m $166.6m 0.07% Reduced -2.7m -2,699,071
19 HSBC HOLDINGS PLC 0.10% of their portfolio LONDON, X0 8,756,9008.8m $162.3m $162.3m 0.10% Reduced -2.8m -2,800,518
20 FIL Ltd 0.12% of their portfolio HAMILTON, D0 7,759,1967.8m $143.8m $143.8m 0.12% Reduced -1.1m -1,112,272
21 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 7,045,9057.0m $130.6m $130.6m 0.03% Added +180.4k +180,380
22 Man Group plc 0.28% of their portfolio LONDON, X0 6,904,6526.9m $127.9m $127.9m 0.28% Reduced -29.2k -29,153
23 Connor, Clark & Lunn Investment Management Ltd. 0.39% of their portfolio VANCOUVER, A1 5,934,0395.9m $110.0m $110.0m 0.39% Reduced -1.1m -1,068,609
24 LMR Partners LLP 1.66% of their portfolio LONDON, X0 5,733,0055.7m $106.2m $106.2m 1.66% New
25 CITADEL ADVISORS LLC 0.09% of their portfolio MIAMI, FL 5,682,0375.7m $105.3m $105.3m 0.09% Added +1.1m +1,060,724
26 Daiwa Securities Group Inc. 0.38% of their portfolio CHIYODA-KU,TOKYO, M0 5,511,8005.5m $102.1m $102.1m 0.38% Reduced -99.7k -99,700
27 SCHRODER INVESTMENT MANAGEMENT GROUP 0.09% of their portfolio London, X0 5,471,1765.5m $101.4m $101.4m 0.09% Reduced -255.0k -254,965
28 BNP PARIBAS FINANCIAL MARKETS 0.07% of their portfolio PARIS, I0 4,686,5364.7m $86.8m $86.8m 0.07% Added +570.6k +570,596
29 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 4,598,2074.6m $85.2m $85.2m 0.00% Added +15.3k +15,292
30 MARSHALL WACE, LLP 0.10% of their portfolio LONDON, X0 4,534,6764.5m $84.0m $84.0m 0.10% Reduced -1.4m -1,429,449
31 AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio KANSAS CITY, MO 4,442,7924.4m $82.3m $82.3m 0.04% Reduced -168.6k -168,576
32 LAZARD ASSET MANAGEMENT LLC 0.11% of their portfolio NEW YORK, NY 4,371,0584.4m $81.0m $81.0m 0.11% Reduced -937.5k -937,531
33 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 4,253,1814.3m $78.8m $78.8m 0.01% Added +34.6k +34,596
34 Pictet Asset Management Holding SA 0.07% of their portfolio CAROUGE, V8 3,938,9933.9m $73.0m $73.0m 0.07% Added +1.4m +1,379,691
35 Bank Julius Baer & Co. Ltd, Zurich 0.21% of their portfolio ZURICH, V8 3,735,5503.7m $69.2m $69.2m 0.21% Added +92.3k +92,292
36 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 3,572,2373.6m $66.2m $66.2m 0.01% Reduced -34.1k -34,125
37 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio Boston, MA 3,472,5103.5m $64.3m $64.3m 0.02% Added +1.1m +1,065,990
38 RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio NEW YORK, NY 3,137,1763.1m $58.1m $58.1m 0.08% Added +1.1m +1,085,976
39 Russell Investments Group, Ltd. 0.07% of their portfolio Seattle, WA 3,095,4493.1m $57.3m $57.3m 0.07% Reduced -461.2k -461,154
40 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 3,009,7093.0m $55.8m $55.8m 0.02% Reduced -714.9k -714,903
41 State of New Jersey Common Pension Fund D 0.21% of their portfolio TRENTON, NJ 2,972,6573.0m $55.1m $55.1m 0.21% Reduced -121.7k -121,720
42 BAILLIE GIFFORD & CO 0.04% of their portfolio EDINBURGH, X0 2,867,6012.9m $53.1m $53.1m 0.04% Reduced -18.4k -18,415
43 HUDSON EDGE INVESTMENT PARTNERS INC. 8.88% of their portfolio JERSEY CITY, NJ 2,799,9002.8m $51.9m $51.9m 8.88% New
44 NORDEA INVESTMENT MANAGEMENT AB 0.04% of their portfolio STOCKHOLM, V7 2,561,7952.6m $47.4m $47.4m 0.04% Added +105.5k +105,475
45 Qube Research & Technologies Ltd 0.07% of their portfolio LONDON, X0 2,559,4772.6m $47.4m $47.4m 0.07% Reduced -19.2k -19,152
46 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.15% of their portfolio COLUMBUS, OH 2,441,8392.4m $45.2m $45.2m 0.15% Reduced -340.1k -340,075
47 SEI INVESTMENTS CO 0.05% of their portfolio OAKS, PA 2,318,0562.3m $43.0m $43.0m 0.05% Added +28.8k +28,768
48 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 2,159,1462.2m $40.0m $40.0m 0.01% Reduced -296.1k -296,053
49 TUDOR INVESTMENT CORP ET AL 0.30% of their portfolio STAMFORD, CT 2,118,6972.1m $39.3m $39.3m 0.30% Added +769.0k +768,970
50 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio CHICAGO, IL 1,953,9852.0m $36.2m $36.2m 0.10% Added +10.0k +10,000
51 NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio ALBANY, NY 1,700,1881.7m $31.5m $31.5m 0.04% Added +275.8k +275,813
52 PANAGORA ASSET MANAGEMENT INC 0.14% of their portfolio BOSTON, MA 1,652,1021.7m $30.6m $30.6m 0.14% Added +391.8k +391,784
53 JANE STREET GROUP, LLC 0.05% of their portfolio NEW YORK, NY 1,554,2791.6m $28.8m $28.8m 0.05% Added +1.5m +1,513,715
54 Mirae Asset Global Investments Co., Ltd. 0.09% of their portfolio SEOUL, M5 1,462,5991.5m $27.1m $27.1m 0.09% Added +10.5k +10,483
55 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,440,0981.4m $26.7m $26.7m 0.00% Added +148.9k +148,916
56 PRUDENTIAL PLC 0.16% of their portfolio LONDON, X0 1,384,3271.4m $25.7m $25.7m 0.16% Added +374.2k +374,230
57 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,348,1981.3m $25.0m $25.0m 0.00% Added +1.1m +1,141,441
58 RWC Asset Management LLP 1.28% of their portfolio LONDON, X0 1,310,6051.3m $24.3m $24.3m 1.28% Reduced -67.1k -67,118
59 Amundi 0.01% of their portfolio Paris, I0 1,292,2311.3m $24.4m $24.4m 0.01% Reduced -101.8k -101,778
60 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 1,288,8231.3m $23.9m $23.9m 0.00% Reduced -1.6m -1,573,572
61 FMR LLC 0.00% of their portfolio BOSTON, MA 1,276,0741.3m $23.6m $23.6m 0.00% Reduced -2.1m -2,090,843
62 Perpetual Ltd 0.27% of their portfolio SYDNEY, NEW SOUTH WALES, C3 1,255,0351.3m $23.3m $23.3m 0.27% Added +78.5k +78,492
63 Allspring Global Investments Holdings, LLC 0.04% of their portfolio CHARLOTTE, NC 1,183,6761.2m $22.4m $22.4m 0.04% Reduced -86.1k -86,143
64 Ovata Capital Management Ltd 4.69% of their portfolio HONG KONG, K3 1,160,8481.2m $21.7m $21.7m 4.69% Added +199.3k +199,337
65 MACKENZIE FINANCIAL CORP 0.03% of their portfolio TORONTO ONTARIO, A6 1,151,3261.2m $21.3m $21.3m 0.03% Reduced -27.2k -27,231
66 DekaBank Deutsche Girozentrale 0.04% of their portfolio FRANKFURT, 2M 1,119,8021.1m $20.4m $20.4m 0.04% Added +64.0k +64,000
67 Federation des caisses Desjardins du Quebec 0.09% of their portfolio LEVIS, A8 1,053,5851.1m $19.5m $19.5m 0.09% Added +176.2k +176,159
68 TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio NEW YORK, NY 979,165979.2k $18.1m $18.1m 0.03% Reduced -2.7m -2,721,048
69 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 970,943970.9k $18.0m $18.0m 0.01% Added +145.0k +144,969
70 Aikya Investment Management Ltd 5.33% of their portfolio LONDON, X0 959,614959.6k $17.8m $17.8m 5.33% Reduced -7.1k -7,097
71 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 957,761957.8k $17.7m $17.7m 0.00% Added +31.7k +31,677
72 CAPITAL FUND MANAGEMENT S.A. 0.19% of their portfolio PARIS, I0 949,696949.7k $17.6m $17.6m 0.19% Added +535.6k +535,580
73 Squarepoint Ops LLC 0.04% of their portfolio NEW YORK, NY 944,406944.4k $17.5m $17.5m 0.04% Added +189.8k +189,800
74 Infini Capital Management Ltd 11.32% of their portfolio CENTRAL, K3 926,200926.2k $17.2m $17.2m 11.32% New
75 Legal & General Group Plc 0.00% of their portfolio London, X0 898,535898.5k $16.6m $16.6m 0.00% Added +16.4k +16,426
76 BESSEMER GROUP INC 0.02% of their portfolio WOODBRIDGE, NJ 771,196771.2k $14.3m $14.3m 0.02% Added +175.9k +175,921
77 Trexquant Investment LP 0.16% of their portfolio STAMFORD, CT 758,154758.2k $14.0m $14.0m 0.16% Reduced -645.1k -645,065
78 Allianz Asset Management GmbH 0.02% of their portfolio MUNICH, 2M 744,219744.2k $13.8m $13.8m 0.02% Added +288.5k +288,459
79 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 743,200743.2k $13.8m $13.8m 0.01% Added +2.4k +2,400
80 Verition Fund Management LLC 0.08% of their portfolio GREENWICH, CT 735,756735.8k $13.6m $13.6m 0.08% New
81 ROYAL LONDON ASSET MANAGEMENT LTD 0.03% of their portfolio UNITED KINGDOM, X0 718,168718.2k $13.3m $13.3m 0.03% Reduced -44.2k -44,200
82 AXA S.A. 0.04% of their portfolio PARIS, I0 716,993717.0k $13.3m $13.3m 0.04% Reduced -11.5k -11,482
83 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 702,052702.1k $13.0m $13.0m 0.01% Added +198.1k +198,091
84 NOMURA ASSET MANAGEMENT CO LTD 0.04% of their portfolio TOKYO, M0 697,518697.5k $12.9m $12.9m 0.04% Reduced -192.6k -192,554
85 AGF MANAGEMENT LTD 0.06% of their portfolio TORONTO, A6 691,791691.8k $12.8m $12.8m 0.06% Reduced -27.6k -27,558
86 NICOLA WEALTH MANAGEMENT LTD. 1.18% of their portfolio VANCOUVER, A1 680,000680.0k $12.6m $12.6m 1.18% Added +121.0k +121,000
87 New Vernon Capital Holdings II LLC 6.01% of their portfolio Morristown, NJ 675,880675.9k $12.5m $12.5m 6.01% Reduced -11.9m -11,941,221
88 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 652,195652.2k $12.1m $12.1m 0.00% Added +35.5k +35,505
89 MACQUARIE GROUP LTD 0.01% of their portfolio Sydney, NSW 2000, C3 648,083648.1k $12.0m $12.0m 0.01% Unchanged
90 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 638,103638.1k $11.8m $11.8m 0.03% Reduced -87.8k -87,827
91 Pinpoint Asset Management (Singapore) Pte. Ltd. 2.06% of their portfolio SINGAPORE, U0 635,600635.6k $11.8m $11.8m 2.06% First filing
92 C WorldWide Group Holding A/S 0.16% of their portfolio COPENHAGEN, G7 621,580621.6k $11.5m $11.5m 0.16% Reduced -248.7k -248,747
93 Vontobel Holding Ltd. 0.04% of their portfolio ZURICH, V8 609,918609.9k $11.3m $11.3m 0.04% Reduced -8.3k -8,267
94 Boston Common Asset Management, LLC 0.29% of their portfolio BOSTON, MA 560,791560.8k $10.4m $10.4m 0.29% Added +61.8k +61,824
95 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 558,734558.7k $10.4m $10.4m 0.01% Reduced -16.5k -16,512
96 Ashoka WhiteOak Capital Pte Ltd 6.32% of their portfolio Singapore, U0 530,000530.0k $18.6m $18.6m 6.32% Reduced -441.9k -441,863
97 TWO SIGMA ADVISERS, LP 0.02% of their portfolio NEW YORK, NY 467,900467.9k $8.7m $8.7m 0.02% Reduced -2.8m -2,827,400
98 OPPENHEIMER ASSET MANAGEMENT INC. 0.10% of their portfolio NEW YORK, NY 454,747454.7k $8.4m $8.4m 0.10% Added +22.5k +22,549
99 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.05% of their portfolio Stamford, CT 416,861416.9k $7.7m $7.7m 0.05% Added +42.9k +42,911
100 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 410,976411.0k $7.6m $7.6m 0.00% Reduced -115.5k -115,455